real interest ratesnonlinear time seriesmonetary policyzero interest rate policydeflationJapanliquidity trapstate-space modelsJapan's more than a decade long "Great Recession" has presented a disconcerting case of what could happen if interest rates are bounded by zero and deflation sets in. Since ...
In this paper, we examine how the internationalization of Japan's economy is evidenced in the linkage between Japanese and U.S. real interest rates. We use a measure of the equilibrium real interest rate differential between Japan and the United States to draw inferences about the nature of fi...
Prices & Access Statistics Reports Insights Research AI New Daily Data Services Finance & Insurance› Financial Institutions Real interest rates in Australia 2010-2019 Published by Statista Research Department, Nov 4, 2024 In 2019, the real interest rate in Australia decreased by 1.7 ...
In this paper, we explore the relationship between real exchange rates and real interest rate differentials in the United States, Germany, Japan, and the United Kingdom. Contrary to theories based on the joint hypothesis that domestic prices are sticky and monetary disturbances are predominant, we...
You may recall that a week ago I made a sort of “Emperor has no clothes” accusation against the economics profession. I claimed that economists are always talking about “easy money” and “tight money” without have any coherent definition, indeed no
3.In this paper,choosing the data from China,United State and Japan,under the hypothesis of real interest rate equilibrium,we examine and compare the sample country s consumption pattern and get the empirical evidence that international capital flow in China is not entirely free,all of which due...
1. Real Interest Rate and Economic Growth; 实际利率水平与中国经济增长2. An Analysis on the Interaction Effect between Real Interest Rate and Real Effective Exchange Rate of RMB; 人民币实际利率与实际有效汇率互动关系研究3. In this paper,choosing the data from China,United State and Japan,...
The real exchange rate - real interest rate (RERI) relationship is central to most open economy macroeconomic models. However, empirical support for the relationship, especially when cointegrationbased methods are used, is rather weak. In this paper we reinvestigate the RERI relationship using bilater...
https://doi.org/10.1016/j.japwor.2010.06.004Get rights and content Abstract This study empirically investigates whether real interest rates are associated with a stronger or weaker finance–growth relationship in the Japanese economy, where the relationships between banks and firms are characterized by...
This paper refers the discussion of risk premium with the predictors in evidence of gulf states. In this we analysis the sample 05 gulf states; Kuwait, Bahrain, Iraq, Oman and Qatar have been considered from the year 2001 to 2010. A conceptual model has been developed for the understanding ...