Does Excess Liquidity Pose a Threat in Japan? /

This paper examines the effects of quantitative easing implemented by the Bank of Japan (BoJ) since early 2001, looking specifically at the impact on inflation expectations and real asset prices. It suggests a number of possible channels through which quantitative easing may have exerted influence,...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Eggertsson, Gauti
مؤلفون آخرون: Ostry, Jonathan
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2005.
سلاسل:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2005/005
الوصول للمادة أونلاين:Full text available on IMF