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東アジア諸国のインフレターゲットと日本への示唆
Taguchi, Hiroyuki; Kato, Chizuru - 2011
Malaysia have represented neither inflation-responsive rules nor price stabilizing effect. …This paper examines the performance of inflation targeting (IT) focusing on East Asian emerging market economies, by … impulse responses of prices to policy shock. Our findings are: Korea has taken an inflation-responsive and forward …
Persistent link: https://www.econbiz.de/10015247621
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Quantitative Easing in Japan from 2001 to 2006 and the World Financial Crisis
Honda, Yuzo; Tachibana, Minoru - Graduate School of Economics, Osaka University - 2011
The Bank of Japan adopted the Quantitative Easing (QE) Policy from March 2001 to March 2006. This paper investigates whether or not this QE had an effect in stimulating real economy in Japan. The identification of policy effect in the above Japanese case enables us to evaluate indirectly the...
Persistent link: https://www.econbiz.de/10009021929