productivity. The empirical finding is widely observed in large databases including small and medium-sized firms in both Japan and …

lackluster, like Japan, have done surprisingly well in terms of GDP growth per working-age adult. Indeed, from 1998 to 2019 …, Japan has grown slightly faster than the U.S. in terms of per working-age adult: an accumulated 31.9% vs. 29.5%. Furthermore …

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

Central Bank and Bank of Japan on bond yields, stock prices and exchange rates. We use common methodologies for the four …

Japan using a sign restriction VAR model to determine whether a Japanese-style monetary policy can be implemented in Korea …. Results indicate considerable differences between Korea and Japan in their monetary policy transmission channels. Conventional … relatively well in Japan. However, in Korea, the interest rate channel is effective but has only a short-term effect on the …