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~institution:"Graduate School of International Relations, International University of Japan"
~institution:"C. D. Howe Institute"
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Monetary Policy
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inflation target
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inflation target policy
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money multiplier
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non-traditional mone tary policy
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overnight interest rate
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quantitative easing (QE)
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C. D. Howe Institute
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How Do Income and Bequest Taxes Affect Income Inequality? The Role of Parental Transfers
Nakamura, Osamu
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Graduate School of International Relations, …
-
2013
This paper analyzes the effectiveness of non-traditional monetary policy measures implemented by the Bank of Japan (BOJ) based on the quantity theory of money. The reduced form equation regression results explain that quantity easing policy measures have very limited effects on the economy,...
Persistent link: https://www.econbiz.de/10010691447
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Greater Transparency Needed
Melino, Angelo
;
Parkin, Michael
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C. D. Howe Institute
-
2010
inflation
target
. Currently, the Bank’s internal model predicts a path for the overnight rate that is inconsistent with the …
Persistent link: https://www.econbiz.de/10008457936
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