Few papers have tried to project how Chinese monetary policy will behave under flexible exchange rates. As Japan … policy after the shift of Japan from a fixed to a floating exchange rate regime. The econometric estimations allow for regime … soften the appreciation pressure by interest rate cuts have led Japan into the liquidity trap. …

In the second part of the 80s, Japan was under political pressure to expand aggregate demand. It followed suit in … Japan became the victim of a misleading concept of global demand management. …

countries, Japan, and the United States to shocks in housing and equity prices. The effects are assessed with a Structural …

. These results are interesting not only for Japan, but also for other advanced economies where monetary policy is currently …

.S. (i.e., forward-looking monetary policy), but not in Japan. The central banks in both countries react sharply to demand …

Japan still suffers a deflationary hangover from the great episodic yen appreciations of the 1980s into the mid-1990s …. Money wages are still declining, and short-term interest rates remain trapped near zero. After Japan's 'lost decade' from … Europe and the United States have grown, and are growing, faster than in Japan. As the yen becomes weaker in real terms …

Kreditvergabe. Es wird gezeigt, wie durch die anhaltend lockere Geldpolitik der Bank von Japan die Sparkultur in Japan grundlegend …Das Papier untersucht die Veränderung der Sparkultur in Japan während mehr als 30 Jahren Niedrig-, Null- und …

unemployment reduction in three key currency zones - the United States, European Union and Japan. …