European Parliament Library

Japan :, Selected Issues

The Japanese Government Bond (JGB) market has been stable in Japan since the earthquake, but the factors holding down JGB yields could diminish over time. To limit these risks, fiscal policy should aim to reduce public debt quickly and lengthen maturity of JGBs. The Bank of Japan’s (BoJ) easing measures have had a significant and broad-based impact on financial markets. Policies to support employment and protect incomes have been effective, but have to be phased out and complemented with training and job search assistance programs to facilitate a smooth reallocation of labor
Table Of Contents
Cover; Contents; Executive Summary; I. Assessing Risks to the Japanese Government Bond Market; A. Introduction; Figures; I.1. Overview of the JGB Market; B. Risks to the JGB Market from Shrinking Fund Supply, Global Spillovers, and Market Volatility; Decline in Fund Supply; Tables; I.1. Impact of Loans and Deposits on Banks' Holdings of Government Securities; Global Spillovers; I.2. Correlation of Japanese Sovereign Yields; I.2. Global Spillovers and Volatility of the JGB Market; Market Volatility; I.3. Factors Influencing Short-term JGB Yield Movements
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (48 p.)
Specific Material Designation
Form Of Item

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