Monetary Policy and the Lost Decade : Lessons from Japan /

This paper investigates how monetary policy can help ward off a protracted deflationary slump when policy rates are near the zero bound by studying the experience of Japan during the "Lost Decade" which followed the asset-price bubble collapse in the early 1990s. Estimation results based o...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Leigh, Daniel
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2009.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2009/232
ऑनलाइन पहुंच:Full text available on IMF