Unconventional Monetary Policy in Japan: An Empirical Study on its Effectiveness

Tanaka, Atsushi

dc.contributor.author	Tanaka, Atsushi
dc.contributor.editor	Mierzejewski, Dominik
dc.date.accessioned	2019-09-18T12:27:41Z
dc.date.available	2019-09-18T12:27:41Z
dc.date.issued	2013
dc.identifier.citation	Tanaka A., Unconventional Monetary Policy in Japan: An Empirical Study on its Effectiveness, [w:] Dimensions of Development. East Asia in the Process of Changes, Mierzejewski D. (red.), Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2013, s. 171-181, doi: 10.18778/7525-935-3.15	pl_PL
dc.identifier.isbn	978-83-7525-935-3
dc.identifier.uri	http://hdl.handle.net/11089/30214
dc.description.abstract	This paper examined the unconventional monetary policy in Japan. Its features were examined, and then some possible routes of the transmission mechanism for the policy to aff ect real business activities were explored. The conventional routes are invalid since the call rate is at zero. The unconventional routes, the commitment effect and portfolio rebalance effect were examined; however, most of the past empirical studies show pessimistic results about these effects.	pl_PL
dc.description.sponsorship	Udostępnienie publikacji Wydawnictwa Uniwersytetu Łódzkiego finansowane w ramach projektu „Doskonałość naukowa kluczem do doskonałości kształcenia”. Projekt realizowany jest ze środków Europejskiego Funduszu Społecznego w ramach Programu Operacyjnego Wiedza Edukacja Rozwój; nr umowy: POWER.03.05.00-00-Z092/17-00.	pl_PL
dc.language.iso	en	pl_PL
dc.publisher	Wydawnictwo Uniwersytetu Łódzkiego	pl_PL
dc.relation.ispartof	Mierzejewski D. (red.), Dimensions of Development. East Asia in the Process of Changes, Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2013;
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Międzynarodowe	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.subject	monetary policy	pl_PL
dc.subject	Japan	pl_PL
dc.subject	effectiveness	pl_PL
dc.subject	empirical study	pl_PL
dc.title	Unconventional Monetary Policy in Japan: An Empirical Study on its Effectiveness	pl_PL
dc.type	Book chapter	pl_PL
dc.page.number	171-181	pl_PL
dc.contributor.authorAffiliation	Kwansei Gakuin University	pl_PL
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dc.identifier.doi	10.18778/7525-935-3.15