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Zero-Interest-Rate Policy, the Forward-Rate Curve, and Policy-Duration Effect

In: Japan’s Economic Recovery

Author

Listed:
  • Hiroshi Fujiki
  • Shigenori Shiratsuka

Abstract

The contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment, and macro/financial relations of the United States and Japan and provide guidance to policy makers for measures to help overcome Japan’s economic stagnation since the early 1990s.

Suggested Citation

  • Hiroshi Fujiki & Shigenori Shiratsuka, 2003. "Zero-Interest-Rate Policy, the Forward-Rate Curve, and Policy-Duration Effect," Chapters, in: Robert M. Stern (ed.), Japan’s Economic Recovery, chapter 10, pages 341-374, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:2845_10
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    Keywords

    Asian Studies; Economics and Finance;

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