Showing 122,301 - 122,310 of 123,067
developed Asian economies--Japan, Korea, Taiwan and Singapore, and former socialist economies--China and Vietnam--all have … : underpinning theories and background -- Business leaders and leadership in Japan -- Business leaders and leadership in South Korea …
Persistent link: https://www.econbiz.de/10012304994
the United States, Germany and Japan is not inconsistent with exchange rate volatility implied by consumption …
Persistent link: https://www.econbiz.de/10014397963
This paper assesses the sustainability of Japan’s fiscal position. The simulations indicate that, even if the …
Persistent link: https://www.econbiz.de/10014398006
The random walk property of exchange rates is frequently regarded as carrying strong implications for the kinds of shocks that have driven exchange rates and the models appropriate for analyzing their behavior. This paper conducts stochastic simulations of Dornbusch’s (1976) sticky-price...
Persistent link: https://www.econbiz.de/10014398020
This paper discusses instruments and operating procedures of the conduct of monetary policy in the major industrial countries. The exchange rate mechanism of the European Monetary System (EMS) provides clear evidence of the role of exchange rates in influencing monetary policy; the commitment of...
Persistent link: https://www.econbiz.de/10014399262
This paper estimates an inflation function and forecasts one-year ahead inflation for Japan. It finds that (i) markup …
Persistent link: https://www.econbiz.de/10014399664
Using daily data for 1995–99, this paper estimates a simple forward looking model of the exchange rate to show that foreign exchange interventions have, on the whole, had small but persistent effects on the yen-dollar rate. Contrary to conventional wisdom, sterilized interventions have...
Persistent link: https://www.econbiz.de/10014399714
We study the properties of a test that determines whether two time series comove. The test computes a simple nonparametric statistic for “concordance,” which describes the proportion of time that the cycles of two series spend in the same phase. We establish the size and power properties of...
Persistent link: https://www.econbiz.de/10014399826
diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the …
Persistent link: https://www.econbiz.de/10014399872
the extent of the link between inflation rates between China and the United States and Japan. It finds only limited … and Japan. However, it finds some evidence that inflation in the United States has an impact on Chinese inflation … between prices in China and in the United States and Japan, both for food and at the household level for manufactured goods …
Persistent link: https://www.econbiz.de/10014399891