Japan's deflation, problems in the financial system and monetary policy

Naohiko Baba, Shinichi Nishioka, Nobuyuki Oda, Masaaki Shirakawa, Kazuo Ueda () and Hiroshi Ugai
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Naohiko Baba: Bank of Japan - Institute for Monetary, Economic Studies
Shinichi Nishioka: Bank of Japan - Institute of Monetary, Economic Studies
Nobuyuki Oda: Bank of Japan - Institute for Monetary, Economic Studies
Masaaki Shirakawa: Bank of Japan - Institute of Monetary, Economic Studies
Hiroshi Ugai: Bank of Japan - Institute of Monetary, Economic Studies

No 188, BIS Working Papers from Bank for International Settlements

Abstract: On 18-19 June 2004, the BIS held a conference on "Understanding Low Inflation and Deflation". This event brought together central bankers, academics and market practitioners to exchange views on this issue (see the conference programme in this document). This paper was presented at the workshop. The views expressed are those of the author(s) and not those of the BIS.

Keywords: deflation; zero interest rate policy; quantitative monetary easing policy; commitment; negative interest rate; investor behavior; financial accelerator (search for similar items in EconPapers)
JEL-codes: E43 E44 E52 E58 G12 (search for similar items in EconPapers)
Pages: 71 pages
Date: 2005-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (37)

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Journal Article: Japan's Deflation, Problems in the Financial System, and Monetary Policy (2005)
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