Japan : Selected Issues

Selected Issues

Japan : Selected Issues
The paper discusses the cures available for the economic malaise that can arise because nominal interest rates cannot be reduced below zero. However, a sufficiently high rate of target inflation can prevent the occurrence. The paper highlights a number of important issues in understanding the transmission of shocks between Japan and the... READ MORE...

Publication date: December 2001
ISBN 9781451820607
$15.00

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