Hiroshi Ugai

Bank of Japan - Institute of Monetary and Economic Studies

2-1-1, Hongoku-cho

Nihonbashi

Chuo-ku, Tokyo, 103

Japan

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Japan's Deflation, Problems in the Financial System and Monetary Policy

BIS Working Paper No. 188
Number of pages: 71 Posted: 20 Sep 2007
Bank of Japan - Financial Markets Department, Bank of Japan - Institute of Monetary and Economic Studies, Bank of Japan - Institute for Monetary and Economic StudiesKyorin University, Bank of Japan - Institute of Monetary and Economic Studies, University of Tokyo - Faculty of Economics and Bank of Japan - Institute of Monetary and Economic Studies
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Citation 28

Abstract:

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zero interest rate policy, quantitative monetary easing policy, commitment, deflation, financial accelerator, negative interest rate, investor behavior