US, Germany and Japan. We analyze both currency-hedged as well as unhedged bond returns. For currency-hedged bond returns …

the US 1930s, Japan 1990s and recently in the US and Europe. The paper introduces a new balance sheet channel that links …

for assessing this balance and applies it to four OECD economic areas: the euro area, Japan, the United Kingdom and the … the euro area and Japan. In the United Kingdom, the assessment is less clear cut. …

the US 1930s, Japan 1990s and recently in the US and Europe. The paper introduces a new balance sheet channel that links …

demand linked to China …

manufacturing jobs and trade deficits of President Reagan's budget deficits in the 1980s and China's recent trade penetration … of China's import penetration, coupled with anemic demand for domestic goods and high productivity gains in American … electronic products industry, representing only 13 percent of total manufacturing value added.China's trade competition …

The People's Republic of China (PRC) has received enormous inflows of foreign direct investment (FDI) in recent years …, including significant flows from Japan and the United States (US). We examine these investment flows in detail to gain … Japan's FDI flows have been much more concentrated in manufacturing, particularly in transport, electrical, and machinery …