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(4) deflation. A closer examination of how Japan got into the Japanization state reveals that it is a combination of (a … actual real interest rate; (3) the nominal (policy) interest rate is zero; (4) deflation, i.e., negative inflation rate. As a … 1990. Since 2009, major advanced countries have shared conditions (1)-(3). Only Japan has experienced a prolonged period of …
Persistent link: https://www.econbiz.de/10012456719
(4) deflation. A closer examination of how Japan got into the Japanization state reveals that it is a combination of (a … actual real interest rate; (3) the nominal (policy) interest rate is zero; (4) deflation, i.e., negative inflation rate. As a … 1990. Since 2009, major advanced countries have shared conditions (1)-(3). Only Japan has experienced a prolonged period of …
Persistent link: https://www.econbiz.de/10012999465
Chapter 1 Introduction -- Chapter 2 Synopsis of fiscal policy in South Africa: 1994 – 2020 -- Part 1: Government debt -- Chapter 3 Effects of government debt on output, household consumption and gross fixed capital formation: Role of the credit conditions channel -- Chapter 4 Government debt...
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predictor for housing bubbles in the future …
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With close to 30 emerging market and developing economies (EMDEs) using inflation targeting to determine monetary policy, and many of them for over 15 years, it is possible to create a meaningful measure of neutral real interest rates in these economies. The neutral real interest rate provides...
Persistent link: https://www.econbiz.de/10012603467