Bank of Japan's Quantitative and Credit Easing: Are They Now More Effective

Working Paper No. 12/2

Bank of Japan's Quantitative and Credit Easing: Are They Now More Effective
This paper asks whether the BoJ's recent experience with unconventional monetary easing has been effective in supporting economic activity and inflation. Using a structural VAR model, the paper finds some evidence that BoJ's monetary policy measures during 1998-2010 have had an impact on economic activity but less so on inflation. These results... READ MORE...

Publication date: January 2012
ISBN 9781475502473
$18.00

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Publication date: January 2012

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Publication date: November 2002

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