Comments on Effectiveness of the Window Guidance

Many conditions are necessary if lending window operations (or, the window guidance in Professor Horiuchi's terminology (>u>1>/u>)) are to be >u>sufficiently>/u> effective as a policy means of monetary control. Nonetheless, there have been no significant dissenting views to the thesis that this measure would work toward depressing the total volume of lendings of private financial institutions.

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Year of publication:	1977
Authors:	Eguchi, Hidekazu
Published in:	Japanese Economy. - M.E. Sharpe, Inc., ISSN 1097-203X. - Vol. 6.1977, 2, p. 93-103
Publisher:	M.E. Sharpe, Inc.

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008774378