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    Article

    The Effectiveness of Nontraditional Monetary Policy: The Case of Japan

    The effectiveness of nontraditional monetary policy is controversial, at least in Japan. Making use of data from the quantitative easing monetary policy period, this paper presents statistical evidence on the ...

    Yuzo Honda in The Japanese Economic Review (2014)

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    Article

    Estimation of the Investment Thresholds of Large Japanese Manufacturers

    We approximate the investment threshold by the point at which a logistic curve has the largest curvature of convexity. Our threshold estimates are 1.82 and 1.51 in Tobin’s marginal Q for machinery manufacturers a...

    Yuzo Honda, Kazuyuki Suzuki in The Japanese Economic Review (2000)