An Aggregate Demand - Aggregate Supply Analysis of Japanese Monetary Policy, 1973-1990

An aggregate demand - aggregate supply framework is used to analyze the effects of Japanese monetary policy, 1973:1-1990:8. It is found that money supply shocks contribute relatively little to output variability over the sample as a whole. Nor do these shocks seem to be particularly marked during business cycle contractions. The effects of monetary policy on prices and output appear to be quite similar to those of a constant money growth rule

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Year of publication:	[2021]
Authors:	West, Kenneth D.
Publisher:	[S.l.] : SSRN
Subject:	Gesamtwirtschaftliche Nachfrage \| Aggregate demand \| Japan \| Geldpolitik \| Monetary policy \| Gesamtwirtschaftliches Angebot \| Aggregate supply \| Theorie \| Theory \| Keynesianismus \| Keynesian economics \| Geldmengensteuerung \| Monetary targeting \| Konjunktur \| Business cycle \| Makroökonomik \| Macroeconomics

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Extent:	1 Online-Ressource (75 p)
Series:	NBER Working Paper ; No. w3823
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 1991 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

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