“However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.Quote by Toshihiko FukuiTopics: Quotes about Toshihiko FukuiShare on:FacebookPinterestWhatsApp
As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of...#Toshihiko Fukui
During the past two decades, inflation has fallen to a low level in major industrial...#Toshihiko Fukui
Thus, the questions we should ask here are what makes the current economic upswing different...#Toshihiko Fukui
With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing.#Toshihiko Fukui
The direct investment of Japanese businesses to East Asian economies accelerates the reallocation of their...#Toshihiko Fukui
The standard growth theory tells us that economic growth in per capita basis comes from...#Toshihiko Fukui
The staff at the Institute will present an analysis on how asset price fluctuations and...#Toshihiko Fukui
The increased global linkages promote economic growth in the world through two key mechanisms: the...#Toshihiko Fukui
In this context, the current recovery in the Japanese economy is taking place in tandem...#Toshihiko Fukui
