Vollmer, Uwe; Bebenroth, Ralf - In: European Journal of Comparative Economics 9 (2012) 1, pp. 51-77
This paper describes the transmission of the recent financial crisis to Japan and compares the monetary policy reactions by the Bank of Japan (BoJ) with those during the 1990s, and with reactions by other major central banks. The paper first reviews the recent literature on the origins and...