Japan : Selected Issues.
The paper discusses the cures available for the economic malaise that can arise because nominal interest rates cannot be reduced below zero. However, a sufficiently high rate of target inflation can prevent the occurrence. The paper highlights a number of important issues in understanding the transm...
| Collectivité auteur: | |
|---|---|
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Collection: | IMF Staff Country Reports; Country Report ;
No. 2001/220 |
| Accès en ligne: | Full text available on IMF |