Communication, credibility, and price stability: lessons learned from Japan

Over the past couple of decades, central banks have been taking steps to increase the transparency of their monetary policies through clearer communications with the public. While there are many differences between the economic challenges Japan has been struggling with in the past decade and those facing U.S. and European central bankers now, we can learn a great deal about combating deflation from Japan’s experiences.

MoreLess

Year of publication:	2012
Authors:	Humpage, Owen F.
Published in:	Economic Commentary. - Federal Reserve Bank of Cleveland. - 2012, July, 9
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Bank of Japan \| Price indexes \| Deflation (Finance)

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011234939