In this paper, the author considers whether fundamentals or other factors can explain the yen's ongoing weakness. In … delaying the adjustment of the yen, are investigated. A simple portfolio model is developed, composed of a speculative … component and a minimum variance portfolio, to address the underlying motivation for capital outflows from Japan over the past …

argues that, for Japan, the currency depreciation since the late 2012 could turn out to be useful for ending the country … 25% depreciation of the yen would produce a 2% increase in the prices of goods that households purchase regularly …