After BOJ Coup, Abe Faces More Economy Challenges

GrimesAssociated Press
William Grimes, College of Arts & Sciences

Prime Minister Shinzo Abe is about to find out that bending central bankers to his will was the easy part of jolting Japan’s economy out of its two decade slump…

Expert quote:

“The evidence is that the wealth effect is much more modest than most people would like to believe.”

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