Taming Japan's deflation : the debate over unconventional monetary policy /

Park, Gene, 1971-

Taming Japan's deflation : the debate over unconventional monetary policy / Gene Park ... [et al.]. - Ithaca : Cornell University Press, 2018. - xvii, 243 pages : illustrations ; 23 cm - Cornell studies in money .

Includes bibliographical references and index.

Ideas, networks and monetary politics in Japan -- Deflation, monetary policy responses, and the BOJ -- Monetary politics: interests, ideas and policy networks -- The BOJ worldview and its historical development -- The monetary policy network -- Ideas and monetary policy: a quantitative test -- Monetary policy making 1998-2012 -- Abenomics and the break with the BOJ orthodoxy.

"Discusses how entrenched monetary policy ideas within the Bank of Japan, protected by policy network, inhibited addressing persistent deflation since its de jure independence of 1998"--

9781501728174 9781501728181

2018007696

HG1275 / .P27 2018

339.530952