Schneider, Martin; Schreiner, Josef; Silgoner, Maria … - In: Monetary Policy & the Economy (2012) 1, pp. 5-21
While Japan’s economy is showing the first signs of a hesitant recovery, the upturn already gained a foothold in the U.S. economy in the second half of 2011 on the back of robust domestic demand. Conditions in the labor market relaxed perceptibly, while the real estate market is still waiting...