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Taming Japan's deflation : the debate over unconventional monetary policy

Author: Gene Park; Saori N Katada; Giacomo Chiozza; Yoshiko Kojo
Publisher: Ithaca, New York : Cornell University Press, ©2018 2018.
Series: Cornell studies in money.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"Discusses how entrenched monetary policy ideas within the Bank of Japan, protected by policy network, inhibited addressing persistent deflation since its de jure independence of 1998"--
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Additional Physical Format: Online version:
Park, Gene, 1971-
Taming Japan's deflation.
Ithaca [New York] : Cornell University Press, 2018
(DLC) 2018021284
Document Type: Book
All Authors / Contributors: Gene Park; Saori N Katada; Giacomo Chiozza; Yoshiko Kojo
ISBN: 9781501728174 1501728172
OCLC Number: 1028883400
Description: xvii, 243 pages : illustrations ; 24 cm.
Contents: Ideas, networks, and monetary politics in Japan --
Deflation, monetary policy responses, and the BOJ --
Monetary politics : interests, ideas, and policy networks --
The BOJ worldview and its historical development --
The monetary policy network --
Ideas and monetary policy : a quantitative test --
Monetary policymaking, 1998-2012 --
Abenomics and the break with the BOJ orthodoxy --
Conclusion : monetary policy, networks, and the diffusion of ideas.
Series Title: Cornell studies in money.
Responsibility: Gene Park, Saori N. Katada, Giacomo Chiozza, and Yoshiko Kojo.

Abstract:

Bolder economic policy could have addressed the persistent bouts of deflation in post-bubble Japan, write Gene Park, Saori N. Katada, Giacomo Chiozza, and Yoshiko Kojo in Taming Japan's Deflation.  Read more...

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"This is an outstanding book on a topic of great importance... this book provides the most detailed and insightful account written in the English language of the ideational and political Read more...

 
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