Fixed income volatility and equity volatility evolve heterogeneously over time, co-moving disproportionately during periods of global imbalances and each reacting to events of different nature. Whil……続きを見る
In this book, the authors treat macroeconomic models as composed of large numbers of micro-units or agents of several types and explicitly discuss stochastic dynamic and combinatorial aspects of int……続きを見る
This book uniquely explores the role and governance mechanism of central banks by applying new institutional economics (NIE). Simultaneously, the book tests the analytical viability of NIE when appl……続きを見る
In this study on the Japanese economy, the author focuses on three problems related to economic policy and presents their answers. The author analyzes (i) what mechanisms exist for fiscal policy and……続きを見る
This paper examines country experiences with the use and liberalization of capital controls to develop a deeper understanding of the role of capital controls in coping with volatile capital flows, a……続きを見る
著者:Yoshimi Kuroda
出版社: Palgrave Macmillan UK
発売日: 2016年05月24日
Kuroda uses quantitative measures to investigate the rice production structure and effects of agricultural policies in Japan over the second half of the 20th century. Almost all policies have played……続きを見る
This book explains how standard micro-founded macroeconomics is misguided and proposes an alternative method based on statistical physics. The Great Recession following the bankruptcy of Lehman Brot……続きを見る