LEADER 03939nam 2200649Ia 450 001 9910813048703321 005 20200520144314.0 010 $a1-281-22405-7 010 $a9786611224059 010 $a0-226-76068-5 024 7 $a10.7208/9780226760681 035 $a(CKB)1000000000403094 035 $a(EBL)408343 035 $a(OCoLC)476228577 035 $a(SSID)ssj0000185170 035 $a(PQKBManifestationID)11170977 035 $a(PQKBTitleCode)TC0000185170 035 $a(PQKBWorkID)10207230 035 $a(PQKB)10304659 035 $a(MiAaPQ)EBC408343 035 $a(DE-B1597)535649 035 $a(OCoLC)824143787 035 $a(DE-B1597)9780226760681 035 $a(Au-PeEL)EBL408343 035 $a(CaPaEBR)ebr10216947 035 $a(CaONFJC)MIL122405 035 $a(EXLCZ)991000000000403094 100 $a19921209d1993 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aJapanese monetary policy /$fedited by Kenneth J. Singleton 205 $a1st ed. 210 $aChicago $cUniversity of Chicago Press$d1993 215 $a1 online resource (208 pages) 225 1 $aA National Bureau of Economic Research project report 300 $a"This volume is the result of a conference sponsored by the National Bureau of Economic Research and held in Tokyo on 18-19 April 1991"--Pref. 311 0 $a0-226-76066-9 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tNational Bureau of Economic Research --$tRelation of the Directors to the Work and Publications of the National Bureau of Economic Research --$tContents --$tPreface --$tIntroduction --$t2. Market Operations in Japan: Theory and Practice --$t3. Japanese Corporate Investment and Bank of Japan Guidance of Commercial Bank Lending --$t4. The Interest Rate Process and the Term Structure of Interest Rates in Japan --$t5. Monetary Policy and the Real Economy in Japan --$t6. An Aggregate Demand- Aggregate Supply Analysis of Japanese Monetary Policy, 1973-1990 --$tContributors --$tAuthor Index --$tSubject Index 330 $aHow has the Bank of Japan (BOJ) helped shape Japan's economic growth during the past two decades? This book comprehensively explores the relations between financial market liberalization and BOJ policies and examines the ways in which these policies promoted economic growth in the 1980's. The authors argue that the structure of Japan's financial markets, particularly restrictions on money-market transactions and the key role of commercial banks in financing corporate investments, allowed the BOJ to influence Japan's economic success. The first two chapters provide the most in-depth English-language discussion of the BOJ's operating procedures and policymaker's views about how BOJ actions affect the Japanese business cycle. Chapter three explores the impact of the BOJ's distinctive window guidance policy on corporate investment, while chapter four looks at how monetary policy affects the term structure of interest rates in Japan. The final two chapters examine the overall effect of monetary policy on real aggregate economic activity. This volume will prove invaluable not only to economists interested in the technical operating procedures of the BOJ, but also to those interested in the Japanese economy and in the operation and outcome of monetary reform in general. 410 0$aNational Bureau of Economic Research project report. 606 $aEconomic policy 606 $aMonetary policy$zJapan$vCongresses 615 0$aEconomic policy. 615 0$aMonetary policy 676 $a332.4/952 701 $aSingleton$b Kenneth J$0125686 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910813048703321 996 $aJapanese monetary policy$94030142 997 $aUNINA