Kobayashi, Takeshi (contributor); Spiegel, Mark (contributor) - 2006
Nagoya University
ABSTRACT
One of the primary motivations offered by the Bank of Japan (BOJ) for its
quantitative … disproportionately
benefit financially weaker Japanese banks.
Keywords: quantitative easing, Bank of Japan, liquidity trap … Reserve or the Federal
Reserve Bank of San Francisco.
1
1. Introduction
Convinced that Japan’s economic fundamentals …