Does Excess Liquidity Pose a Threat in Japan? /
This paper examines the effects of quantitative easing implemented by the Bank of Japan (BoJ) since early 2001, looking specifically at the impact on inflation expectations and real asset prices. It suggests a number of possible channels through which quantitative easing may have exerted influence,...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2005.
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| Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2005/005 |
| Online Access: | Full text available on IMF |