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period of stagnation. The model has multiple steady-growth solutions when the labour supply is highly elastic, and government …, and a combination of high saving rates and slow population growth account for the stagnation of the 1990s. This …
Persistent link: https://www.econbiz.de/10010287845
This article addresses Japan's economy, its new economic policy package, which is known as Abenomics. The centerpiece of Abenomics has been the three "economic arrows" targeted at aggressive monetary policy, flexible fiscal policy, and growth strategy. This article focuses on Abenomics and shows...
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Japan hat nicht nur 15 Jahre vor Europa einen Boom-und-Krisen-Zyklus durchschritten, sondern auch wichtige Erfahrungen mit Krisentherapien in Form von monetärer Lockerung, expansiver Finanzpolitik und Rekapitalisierung von Finanzinstituten gemacht. Japan hat die Nullzinsgrenze bereits 1999...
Persistent link: https://www.econbiz.de/10010334514
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
economic stagnation. Policy reforms were initially half-hearted, and businesses were slow to restructure as the global economy …
Persistent link: https://www.econbiz.de/10012990580
period of stagnation. The model has multiple steady-growth solutions when the labour supply is highly elastic, and government …, and a combination of high saving rates and slow popu- lation growth account for the stagnation of the 1990s. This …
Persistent link: https://www.econbiz.de/10005342583
Die Weltwirtschaft hat sich im dritten Quartal auf dem niedrigen Niveau des Vorquartals stabilisiert. Es wird nicht damit gerechnet, daß sich die Wirtschaftslage in den nächsten sechs bis zwölf Monaten spürbar verbessert. Die jährlich im Herbst gestellte Sonderfrage nach dem für die...
Persistent link: https://www.econbiz.de/10005055877