Takeo Hoshi participates in discussion on Japan's interest rate
Japan slashes bank rate to almost zero: Hoshi quoted by American Public Media
10/05/2010
Jeremy Hobson,
Marketplace
The Japanese have tried the extra low-interest thing twice -- to little success. The U.S. is also doing it too... So is it going to work this time? Marketplace's Jeremy Hobson reports.
Click here to read the full transcript of the discussion.
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Takeo Hoshi is the Pacific Economic Cooperation Professor in international economic relations at IR/PS, research associate at the National Bureau of Economic Research (NBER) and at the Tokyo Center for Economic Research (TCER). His major research area is the study of the financial aspects of the Japanese economy, especially corporate finance and governance.
