depreciation of the yen and the quantitative easying implemented by the Bank of Japan have contributed to the recovery of the …

From the mid-1950s to the early 1990s, Japan grew faster than any other major industrial economy, displacing the United … range of foreign goods. Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of … sometimes resisted by the Bank of Japan, this yen appreciation nevertheless forced unwanted deflation on the Japanese economy …

Britain, Australia, Japan, and Korea. They show that the resulting measures of industrial efficiency can be used to test many …

Bhagwati's recent policy writings, in which he forcefully opposes the demonization of Japan, challenges the bipartisan bashing …

execution of monetary and financial policies in Japan within a broad technical, political, and institutional context. Their … consider theoretical arguments and empirical evidence for each topic discussed. Topics covered include Japan's low inflation … central banking; Japan's "bubble economy" of the 1980s; and the causes, magnitude, and regulatory responses to Japan's banking …

horizon, instrument choice and use of a real time output gap data. In abnormal times, described by events in Japan, we find …