A Post-Reflation Monetary Framework for Japan

A Post-Reflation Monetary Framework for Japan
Modifications to Japan's monetary policy framework will be needed as positive inflation resumes because the current monetary regime and operations are tailored to ending deflation. The paper suggests that the monetary regime should move from an "anti-deflation" objective to an inflation objective, complemented by a shift of monetary operations... READ MORE...

Publication date: April 2005
ISBN 9781451860924
$15.00

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