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Persistent link: https://www.econbiz.de/10002065700
This paper assesses the effects of the most recent monetary policy behavior of the Bank of Japan (BOJ) (in particular …
Persistent link: https://www.econbiz.de/10011843914
From April 2013 until May 2016, Japan's monetary base rose from ¥155 trillion to ¥387 trillion as part of the Bank of … Japan's (BOJ) quantitative and qualitative easing (QQE) monetary policy for achieving a price stability target of 2 … gross domestic product. The empirical results reveal that the QE and QQE monetary policy of the Bank of Japan increased …
Persistent link: https://www.econbiz.de/10011931285
legal practices continue to change. In the era of internationalization, Japan and foreign countries have followed a path of … convergence, despite differing traditions. By following this course, businesses both in Japan and abroad are expected to achieve … Japanese corporations, this book offers valuable insights into Japan's unique business culture and practices. The seven cases …
Persistent link: https://www.econbiz.de/10014315882
Persistent link: https://www.econbiz.de/10013482772
In recent years a number of European countries have shifted their tax structure more strongly towards indirect taxes, motivated, inter alia, by the intention to foster competitiveness. Against this background, this paper develops a tractable two-country model of a monetary union, characterised...
Persistent link: https://www.econbiz.de/10011605143
This paper develops an overlapping-generations model with heterogeneous agents in terms of earning ability and cash-in-advance constraint. It shows that tax policy cannot fully replicate or neutralize the redistributive implications of monetary policy. While who gets the extra money becomes...
Persistent link: https://www.econbiz.de/10010280805
This paper studies the short-run macroeconomic effects of legislated tax changes in Germany using a vector autoregression (VAR) approach. Identification of the tax shock follows the narrative approach recently proposed by Romer and Romer (2010). Results indicate a moderate, but statistically...
Persistent link: https://www.econbiz.de/10010286390
Persistent link: https://www.econbiz.de/10000736208
Persistent link: https://www.econbiz.de/10000736209