The Role of the Money Stock in Conducting Monetary Policy

Policy Planning Office
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Policy Planning Office: Bank of Japan

No 2003-05-06, Bank of Japan Research Papers from Bank of Japan

Abstract: Examining economic and financial developments since the 1990s, this paper discusses (1) the role of the money stock within the Bank of Japan's monetary policy and (2) why the relationship between the money stock and economic activity has been unstable in Japan.

Date: 2003-05-06
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Persistent link: https://EconPapers.repec.org/RePEc:boj:bojron:03-e-0506

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