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Monetary policies in the age of unce...
~
Matsubayashi, Yoichi.
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Monetary policies in the age of uncertainty
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Monetary policies in the age of uncertainty/ by Yoichi Matsubayashi ... [et al.].
其他作者:
Matsubayashi, Yoichi.
出版者:
Singapore :Springer Singapore : : 2021.,
面頁冊數:
xi, 61 p. :ill., digital ;24 cm.
內容註:
Chapter 1 Effects of Unconventional Monetary Policy and Inflation Target -- Chapter 2 Central Bank Independence under Changing Environment -- Chapter 3 Japanese Experiences in International Comparison -- Afterword.
Contained By:
Springer Nature eBook
標題:
Monetary policy - Japan. -
電子資源:
https://link.springer.com/openurl.asp?genre=book&isbn=978-981-16-4146-6
ISBN:
9789811641466
Monetary policies in the age of uncertainty
Monetary policies in the age of uncertainty
[electronic resource] /by Yoichi Matsubayashi ... [et al.]. - Singapore :Springer Singapore :2021. - xi, 61 p. :ill., digital ;24 cm. - SpringerBriefs in economics. Kobe University social science research series. - SpringerBriefs in economics.Kobe University social science research series..
Chapter 1 Effects of Unconventional Monetary Policy and Inflation Target -- Chapter 2 Central Bank Independence under Changing Environment -- Chapter 3 Japanese Experiences in International Comparison -- Afterword.
This book provides an interesting review of Japanese monetary policies after the bubble economy. The Bank of Japan was the first central bank in advanced economies to implement the unconventional monetary policies during the period. After the Lehman shock, most advanced economies also carried out similar monetary policies to boost their own economies. The Japanese experience in the 1990s and 2000s no doubt played a key role during the period. Although various aspects of the experiences have been examined, not many books have been published based on intensive discussions between the macro and monetary theorists who have been active in academics and the practitioners who have actually been involved in monetary policy. This small but important book has focused on the Japanese experience. Evaluation of that experience found that three solid pillars are of crucial importance: theory, institution, and experience. Those form the basis of the book, without theory, no policies will be formulated and implemented, and implementation depends crucially on institution. Chapter 1 provides a clear theoretical background for the unconventional monetary policies and inflation targeting. Chapter 2 intensively explores the meaning and desirability of the independence of central banks. Chapter 3 reviews the consequences of the Japanese monetary policies in recent decades in comparison with those in other advanced economies.
ISBN: 9789811641466
Standard No.: 10.1007/978-981-16-4146-6doiSubjects--Topical Terms:
681843
Monetary policy
--Japan.
LC Class. No.: HG1275
Dewey Class. No.: 332.4952
Monetary policies in the age of uncertainty
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