Description

• Title:
  Unconventional Monetary Policy in Japan: An Empirical Study on its Effectiveness
• Creator:
  Tanaka, Atsushi
• Contributor:
  Mierzejewski, Dominik;
  Kwansei Gakuin University
• Description:
  This paper examined the unconventional monetary policy in Japan. Its features were examined, and then some possible routes of the transmission mechanism for the policy to aff ect real business activities were explored. The conventional routes are invalid since the call rate is at zero. The unconventional routes, the commitment effect and portfolio rebalance effect were examined; however, most of the past empirical studies show pessimistic results about these effects.;
  Udostępnienie publikacji Wydawnictwa Uniwersytetu Łódzkiego finansowane w ramach projektu „Doskonałość naukowa kluczem do doskonałości kształcenia”. Projekt realizowany jest ze środków Europejskiego Funduszu Społecznego w ramach Programu Operacyjnego Wiedza Edukacja Rozwój; nr umowy: POWER.03.05.00-00-Z092/17-00.
• Object availability:
  free access
• Rights: http://creativecommons.org/licenses/by-nc-nd/4.0 ;
  Attribution-NonCommercial-NoDerivatives 4.0 Międzynarodowe
• Date:
  2019.09.18;
  2013
• Type:
  Book chapter
• Language:
  English
• Format:
  application/pdf;
  image/jpeg
• Publisher:
  Wydawnictwo Uniwersytetu Łódzkiego
• Relation:
  Mierzejewski D. (red.), Dimensions of Development. East Asia in the Process of Changes, Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2013;
• Subject:
  monetary policy;
  Japan;
  effectiveness;
  empirical study
• Identifier:
  Tanaka A., Unconventional Monetary Policy in Japan: An Empirical Study on its Effectiveness, [w:] Dimensions of Development. East Asia in the Process of Changes, Mierzejewski D. (red.), Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2013, s. 171-181, doi: 10.18778/7525-935-3.15;
  978-83-7525-935-3;
  http://hdl.handle.net/11089/30214 ;
  10.18778/7525-935-3.15
• Data provider:
  Repozytorium Uniwersytetu Łódzkiego
• Can I use it?:
  seek permission
• Type:
  text