Bank of Japan's Quantitative and Credit Easing : Are they Now More Effective /

This paper asks whether the BoJ's recent experience with unconventional monetary easing has been effective in supporting economic activity and inflation. Using a structural VAR model, the paper finds some evidence that BoJ's monetary policy measures during 1998-2010 have had an impact on e...

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Bibliographic Details
Main Author: Fasano-Filho, Ugo
Other Authors: Berkmen, Pelin, Wang, Qing
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/002
Online Access:Full text available on IMF