Japan. The framework is a regimeswitching structural vector autoregression in which the monetary policy regime, chosen by …

The 1970s saw the recurrence of major turmoil in the international monetary scene in which Japan played no small part …. Japan’s response to past monetary upheavals has always been passive and there were occasions when its passivity and delayed … trace the underlying causes of Japan’s behavioural pattern in an international monetary sphere and identify positive roles …

This article addresses Japan's economy, its new economic policy package, which is known as Abenomics. The centerpiece …