Has Adoption of Inflation Targeting Been Effective? Japanese Case
نویسندگان
چکیده
منابع مشابه
Discussion of Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?
This paper argues that the Bank of Japan shrank from doing the right thing because it required the adoption of unconventional policies that might lose the Bank its newly acquired independence. Taka Ito frankly recognises that this argument has a problem: the Bank of Japan adopted two and a half of the recommended unconventional policies: increasing excess reserves, buying government bonds and b...
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ژورنال
عنوان ژورنال: International Journal of Accounting and Finance Studies
سال: 2018
ISSN: 2576-201X,2576-2001
DOI: 10.22158/ijafs.v1n2p133