Add to ORKGAbstract: The paper analyses the causality between the Japanese-US relative export prices and the yen-dollar exchange rate. It explains why the Japanese yen proved strong even during the economic slump of the 1990s. The paper suggests that the appreciation of the Japanese yen forced the Japanese enterprises into price reductions and productivity increases, which put a floor under the high level of the yen and thus initiated rounds of appre-ciation. This corresponds to the conjecture of a vicious (virtuous) circle of appreciation and price adaptation. JEL 3
This paper explores the links between macroeconomic developments, especially monetary policy, and th...
The value of Japanese electronics exports has tumbled since the advent of the Global Financial Crisi...
After the breakdown of the Bretton Woods system in 1971, the yen exchange rate was allowed to float ...
During the 1990’s the Japanese yen proved astonishingly strong despite the persisting recession. Thi...
During the 1990s the Japanese yen proved astonishingly strong despite the persisting recession. This...
The paper was written while the second author held the Banque de France Chair at EHESS in Paris. Ulr...
In 2011 the ongoing appreciation in the yen against the US$ led Japanese firm Shiomi to consider rel...
group of signs and symptoms that occur together and characterize a particular abnormality; and, 2: a...
The purpose of this paper is to analyze the effects of Japanese monetary policy from 2001-2010. In 2...
The present paper discusses the theories of Purchasing Power Parity (PPP) and the International Fish...
The history of Japanese exchange rates, though short by British or American standards, is exceedingl...
Intuition suggests that a strengthening of the yen should moderate Japan's trade surplus by reducing...
In this paper, we focus on the movements of the yen on Japanese industries, and on the sectoral real...
During the 1990s the Japanese yen proved astonishingly strong despite the persisting recession. This...
This paper employs cointegration and error correction models to examine the dynamics of the yen-doll...
This paper explores the links between macroeconomic developments, especially monetary policy, and th...
The value of Japanese electronics exports has tumbled since the advent of the Global Financial Crisi...
After the breakdown of the Bretton Woods system in 1971, the yen exchange rate was allowed to float ...
During the 1990’s the Japanese yen proved astonishingly strong despite the persisting recession. Thi...
During the 1990s the Japanese yen proved astonishingly strong despite the persisting recession. This...
The paper was written while the second author held the Banque de France Chair at EHESS in Paris. Ulr...
In 2011 the ongoing appreciation in the yen against the US$ led Japanese firm Shiomi to consider rel...
group of signs and symptoms that occur together and characterize a particular abnormality; and, 2: a...
The purpose of this paper is to analyze the effects of Japanese monetary policy from 2001-2010. In 2...
The present paper discusses the theories of Purchasing Power Parity (PPP) and the International Fish...
The history of Japanese exchange rates, though short by British or American standards, is exceedingl...
Intuition suggests that a strengthening of the yen should moderate Japan's trade surplus by reducing...
In this paper, we focus on the movements of the yen on Japanese industries, and on the sectoral real...
During the 1990s the Japanese yen proved astonishingly strong despite the persisting recession. This...
This paper employs cointegration and error correction models to examine the dynamics of the yen-doll...
This paper explores the links between macroeconomic developments, especially monetary policy, and th...
The value of Japanese electronics exports has tumbled since the advent of the Global Financial Crisi...
After the breakdown of the Bretton Woods system in 1971, the yen exchange rate was allowed to float ...