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Journal Article
Japan's financial reform
Journal Article
A vector autoregression model of the Nevada economy
Journal Article
A tale of two monetary policies: Korea and Japan
In most countries' experience, the course of financial liberalization?much like the course of true love in Shakespeare?"never did run smooth." The process of reforming an economy from one where the government takes the lead in allocating financial and real resources to one where market forces determine economic outcomes can involve choices and consequences that are painful and costly. ; This Economic Letter focuses on recent developments in two major economies in Asia?South Korea and Japan?to highlight some of the differences in their progress and to suggest that the differences might be due ...
Conference Paper
Lessons from financial crisis: the Japanese case
Journal Article
Japan's new prime minister and the Postal Savings System
This Economic Letter discusses the economics and politics of the PSS from both a historical and a forward-looking perspective. How Japan deals with the PSS and its associated institutions will reveal much about whether Japan is capable of developing a modern financial system that can return the economy to sustained growth and that can meet the challenge of a rapidly changing population.
Conference Paper
Japanese banking and corporate finance in transition
Journal Article
Forecasting Nevada's economy