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This paper comprehensively analyses the role of house prices in the unconventional monetary transmission mechanism in … Japan. The quantitative effects of unconventional monetary policy shocks are examined through structural vector …. Combining these two results, an accelerator function of house prices in policy transmission is confirmed. On the other hand, the …
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to Japan's experience in the 1990s. …
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transmission of shocks across borders. We find that the level of integration of global banks is determined by parent … transmission of exogenous shocks from parent banks to their subsidiaries: the more centralized a global bank is, the lower the …
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