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Lessons from the Recovery from the ‘Lost Decade’ in Japan: The Case of the Great Intervention and Money Injection
Great Intervention Money Injection
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2015/8/3
In the last three years, the Japanese economy has improved greatly compared to
the decade-long period of near zero economic growth and deflation that began in the
early 1990s. Once again Japanese ec...
Just Keep My Money! Supporting Tax-time Savings with U.S. Savings Bonds
Household Characteristics Income Characteristics Bonds Investment
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2015/4/21
This paper reports the results of a 2007 experiment testing if specific process simplification can foster increased take-up rates for savings products, particularly by low-to-moderate income (LMI) hou...
Quantized Interest Rate at the Money for American Options
Quantized Interest Rate Money for American Options
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2010/10/29
In this work, we expand the idea of Samuelson[3] and Shepp[2,5,6] for stock
optimization using the Bachelier model [4] as our models for the stock price at the money
(X[stock price]= K[strike price]...
Aggregate and Household Demand for Money: Evidence from Public Opinion Survey on Household Financial Assets and Liabilities
Demand for Money Aggregation Heterogeneity
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2011/4/2
We use data from Public Opinion Surveys on Household Financial Assets and Liabilities from 1991 to 2002 to investigate the issues of unobserved heterogeneity among cross-sectional units and stability ...