Unconventional Monetary Policy and a Financial Intermediary: Were they Relevant to Fluctuations in the Japanese Economy?

Siyu Zhang
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Abstract

In this paper, we study whether the implementation of unconventional monetary policy (UMP) in Japan is relevant to its economy fluctuations. We conducted a Bayesian estimation of a DSGE model with ...
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非常规货币政策与金融中介:与日本经济波动有关吗?
本文研究了日本非常规货币政策的实施是否与日本经济波动相关。我们对一个DSGE模型进行了贝叶斯估计。
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来源期刊
CiteScore
1.50
自引率
0.00%
发文量
18
期刊介绍: Journal of International Commerce, Economics and Policy (JICEP) is a peer-reviewed journal that seeks to publish high-quality research papers that explore important dimensions of the global economic system (including trade, finance, investment and labor flows). JICEP is particularly interested in potentially influential research that is analytical or empirical but with heavy emphasis on international dimensions of economics, business and related public policy. Papers must aim to be thought-provoking and combine rigor with readability so as to be of interest to both researchers as well as policymakers. JICEP is not region-specific and especially welcomes research exploring the growing economic interdependence between countries and regions.
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