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Japan hat nicht nur 15 Jahre vor Europa einen Boom-und-Krisen-Zyklus durchschritten, sondern auch wichtige Erfahrungen … vergleicht die Boom-und- Krisen-Zyklen in Japan und Europa hinsichtlich der Ursachen, des Krisenverlaufs, der Krisentherapien und … Einkommensverluste abgeleitet. Die wirtschaftspolitische Implikation für Europa und Japan ist der konsequente Ausstieg aus der expansiven …
Persistent link: https://www.econbiz.de/10010334514
This paper explains the emergence of liquidity traps in the aftermath of large-scale financial crises, as happened in the US 1930s, Japan 1990s and recently in the US and Europe. The paper introduces a new balance sheet channel that links equity capital to the risk-free interest rate. When...
Persistent link: https://www.econbiz.de/10010335985
This paper uses a proportional hazard model to study foreign direct investment by Japanese manufacturers in Europe between 1970 and 1994. We divide each firm's investment total into a sequence of individual investment decisions and analyze how firm-specific characteristics affect each decision....
Persistent link: https://www.econbiz.de/10010264039
The notion of the 'Silk Road' that the German geographer Ferdinand von Richthofen invented in the 19th century has lost attraction to scholars in light of large amounts of new evidence and new approaches. The handbook suggests new conceptual and methodological tools for researching ancient...
Persistent link: https://www.econbiz.de/10014280314
Abstract Japan went 15 years earlier than Europe through a boom-and-bust cycle in the real estate and stock markets. The country has made important experience with crisis therapies in form of monetary expansion, Keynesian fiscal stimulus and recapitalization of financial institutions. Japan has...
Persistent link: https://www.econbiz.de/10014630767
An die Internetnutzung und besonders an die Entwicklung des elektronischen Geschäftsverkehrs zwischen Unternehmen - B2B e-Business oder kurz B2B - werden hohe Erwartungen gestellt. Sie sollen die Wettbewerbsfähigkeit der Unternehmen durch sinkende Kosten, schnellere Information und erhöhte...
Persistent link: https://www.econbiz.de/10011692216
Scholarly discussions on economic development in history, specifically those linked to industrialization or modern economic growth, have paid great attention to the formation and development of the market economy as a set of institutions able to augment people's welfare. The role of specific...
Persistent link: https://www.econbiz.de/10012505210
Persistent link: https://www.econbiz.de/10011291955
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