Title of article :
Did the Bank of Japan have a target zone for the inflation rate?
Author/Authors :
Minoru Tachibana، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
Piecewise linear policy reaction functions are estimated to examine the Bank of Japanʹs monetary policy during the period 1975–1995. The results indicate that the Bank of Japan implemented an implicit inflation zone targeting policy.
Keywords :
Monetary policy , Policy reaction function
Journal title :
Economics Letters
Journal title :
Economics Letters