In Search of "Capital Crunch" : Supply Factors Behind the Credit Slowdown in Japan /
The seeming failure of loose monetary policy to reactivate Japan's economy has led some observers to suggest that the usual credit channels through which monetary policy affects the real economy are blocked, and this because of a pervasive shortage of bank capital that has induced a leftward sh...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1999.
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Серія: | IMF Working Papers; Working Paper ;
No. 1999/003 |
Онлайн доступ: | Full text available on IMF |