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Beginning in 2000, Japan’s government-owned postal saving system experienced a rapid outflow of funds as a large number …
Persistent link: https://www.econbiz.de/10005187234
Abstract: Foreign flows have an economically large and statistically significant impact on longterm interest rates. Controlling for various macroeconomic factors we estimate that had there been no foreign flows into U.S. bonds over the past year, the 10-year Treasury yield would currently be 150...
Persistent link: https://www.econbiz.de/10005187481
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While the recent “Big Bang” reform fundamentally aims at enhancing market competition in the financial sector, the … on the recent “Big Bang” reform. Its main argument is that the FTC – MoF link is beneficial not only to the MoF but also …
Persistent link: https://www.econbiz.de/10005190531
function and the wage equation using employer-employee matched data from Japan. These estimations offer a comprehensive test …
Persistent link: https://www.econbiz.de/10005675478
What happened to the traditional, long-term employment practices in Japan after the 1990s has remained unexplored. We …
Persistent link: https://www.econbiz.de/10005675501
holding a large amount of non-performing assets in the inter-war period. The experiences of Japan in the inter-war period may …
Persistent link: https://www.econbiz.de/10005675552
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