Since 2014
Recent monetary policy effects on Japanese macroeconomy
Journal of Economic & Financial Studies
View Archive Info| Field | Value | |
| Title |
Recent monetary policy effects on Japanese macroeconomy
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| Creator |
Kurihara, Yutaka
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| Subject |
Economics; Finance
Forecast; GDP; Inflation; Macroeconomics; Monetary policy. E4; E5. |
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| Description |
This paper empirically analyzes the effects of recent monetary policy based on expected and real-time data for Japan. Also, expected data between different time periods would have impacts on the economy and are taken into account. Since the 2000s, Japan has experienced a serious recession and low or zero interest rates policy has been conducted, so such a special situation might have influence on the economy. The empirical results show that past forecast error data of GDP plays a significant role on macro economy in Japan, however, impacts on the economy are not found during a longer period, over a quarter. Furthermore, forecast data is not crucial to the economy.
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| Publisher |
LAR Center Press
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| Contributor |
JSPS KAKENHI
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| Date |
2017-10-22
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://journalofeconomics.org/index.php/site/article/view/296
10.18533/jefs.v5i05.296 |
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| Source |
Journal of Economic & Financial Studies; Vol 5, No 05 (2017): October (Ongoing); 12-17
2379-9471 2379-9463 |
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| Language |
eng
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| Relation |
http://journalofeconomics.org/index.php/site/article/view/296/326
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| Rights |
Copyright (c) 2017 Yutaka Kurihara
http://creativecommons.org/licenses/by/4.0 |
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