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Monetary policies in the age of uncertainty [electronic resource]
- 其他作者：
- 其他題名：
- SpringerBriefs in economics.
- 出版： Singapore : Springer Singapore :Imprint: Springer
- 叢書名： SpringerBriefs in economics. Kobe University social science research series
- 主題： Monetary policy--Japan. , Macroeconomics/Monetary Economics//Financial Economics. , Economic Policy. , Economy-wide Country Studies. , Law and Economics.
- ISBN： 9789811641466 (electronic bk.) 、 9789811641459 (paper)
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FIND@SFXID:
CGU
- 資料類型: 電子書
- 內容註: Chapter 1 Effects of Unconventional Monetary Policy and Inflation Target -- Chapter 2 Central Bank Independence under Changing Environment -- Chapter 3 Japanese Experiences in International Comparison -- Afterword.
- 摘要註: This book provides an interesting review of Japanese monetary policies after the bubble economy. The Bank of Japan was the first central bank in advanced economies to implement the unconventional monetary policies during the period. After the Lehman shock, most advanced economies also carried out similar monetary policies to boost their own economies. The Japanese experience in the 1990s and 2000s no doubt played a key role during the period. Although various aspects of the experiences have been examined, not many books have been published based on intensive discussions between the macro and monetary theorists who have been active in academics and the practitioners who have actually been involved in monetary policy. This small but important book has focused on the Japanese experience. Evaluation of that experience found that three solid pillars are of crucial importance: theory, institution, and experience. Those form the basis of the book, without theory, no policies will be formulated and implemented, and implementation depends crucially on institution. Chapter 1 provides a clear theoretical background for the unconventional monetary policies and inflation targeting. Chapter 2 intensively explores the meaning and desirability of the independence of central banks. Chapter 3 reviews the consequences of the Japanese monetary policies in recent decades in comparison with those in other advanced economies.
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讀者標籤：
- 系統號： 005538427 | 機讀編目格式
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