Bowman, David; Cai, Fang; Davies, Sally; Kamin, Steven - Federal Reserve Board (Board of Governors of the … - 2011
lending of a key element of QEP, the Bank of Japan's injections of liquidity into the interbank market. We identify a robust …Prior to the recent financial crisis, one of the most prominent examples of unconventional monetary stimulus was Japan … effects were overwhelmed by the contractionary forces in Japan's post-bubble economy. In the spirit of Kashyap and Stein (2000 …