The Japanese economy has experienced an unprecedented period of macroeconomic turbulence over recent years. Even before the 1997 Asian crisis, this had led to a sharp rise in the number of financial institutions experiencing bankruptcy, including a number of large regional banks and an international stockbroking firm. The question we seek to address is, What effect has this economic turbulence ...

How can current measures, strategies and framework conditions be modified in order to enable a higher quality of life, despite weak Which instruments and strategies are necessary in order to maintain or increase the provision of ecosystem services in times of weak growth? ..

We propose an approach to optimally select corporate bond portfolios based on bond-specific characteristics (maturity, credit rating, coupon, illiquidity, past performance, and issue size) and macroeconomic conditions (recessions and macroeconomic uncertainty measures). The approach relies on a parametric specification of the portfolio weights and allows us to consider a large cross-section of ...

macroeconomic stabilitv is a major prerequisite fo r real economic growth. in th is study in order to allalyse tile empirical relation ship between macroeconomic instability and per capita real growth, a regression model has been specifi ed for tile iranian economy . in this equation , lour variables including hudget deficit as a ratio to gdp. intlation rate , percenltlge change in tile rea! ex...

This study, examines the roles of macroeconomic uncertainty, political risk, as well as host country institutions, in affecting FDI inflows into African economies. The past few decades have witnessed a surge of FDI inflows to developing regions. However, FDI inflows to Africa still remain small when compared to other developing regions. What characteristics does Africa exhibit that deter FDI in...

The “Three Arrows” policies adopted by the current Abe administration are a combination of macroeconomic (monetary as well as fiscal) and microeconomic policies. Abe came up with the policy-mix in order to resolve two serious economic troubles that his administration faced when it assumed the top executive role in December 2012. First, since Japan’s asset bubble burst in 1990, the economy suffe...

Financial safety nets are intended to reduce the likelihood and severity of financial crises that have macroeconomic externalities. While safety nets are intended to confer benefits on the macroeconomy, their design and implementation may confer disproportionate benefits on identifiable sectors, such as banks and depositors. In this study, we distinguish between safety net benefits and subsidie...

Since long the argument has been that both bank specific and macroeconomic factors affect the nonperforming loans and the existing literature on macroeconomic variables suggests that many macroeconomic variables do strongly influence them. Over the last few years the literature that examines NPLs has expanded in line with the interest afforded to understanding the factors responsible for financ...

This data article provides macroeconomic data that can be used to generate macroeconomic volatility. The data cover a sample of seven selected countries in the Asia Pacific region for the period 2004-2014, including both developing and developed countries. This dataset was generated to enhance our understanding of the sources of macroeconomic volatility affecting the countries in this region. A...