This paper focuses on the relationship between the monetary base and monetary aggregates in Japan via the money multiplier.

Until three decades ago, FDI was associated with negative perceptions, but recent experiences have brought an awareness that it stimulates the economic growth process through its positive spillover effects. The empirical study invsestigates whether FDI in fact, caused spillover effects which...

Empirical studies based on structural models have demonstrated that FDI stimulates the economic growth process of developing host countries through its positive spillover effects. In this study we empirically investigate the dynamic impact on policy variables on FDI and its spillover effects...

This paper investigates whether there are differential effects of monetary policy across bank size and business size in Japan, to test the presence of the "bank lending channel" of monetary policy.

We employ the total factor productivity (TFP) index in growth accounting as a proxy for productivity growth to compare patterns and sources of output growth for a group of proximate countries in Asia-Pacific Economic Cooperation region.

This paper provides a preliminary investigation of the monetary instruments used by the central bank of China, Taiwan. Final and intermediate targets are identified. An illustrative estimate of the weights that the central bank's might attach to its targets is provided as are the long-run trade...