Ito, Takatoshi; Mishkin, Frederic S. - 2004
the Bank of Japan in the deflationary environment has been a source of the controversy for the last several years … deflationary period, 1998-2003. The second section will discuss possible solutions to the deflationary environment in Japan and … factors; and whether deflation is a result of stagnant economy or a cause of the stagnation.The conduct of monetary policy by …