Monetary Policymaking at the Bank of Japan
| Project/Area Number |
21530265
|
|---|
| Research Category |
Grant-in-Aid for Scientific Research (C)
|
| Allocation Type | Single-year Grants |
|---|
| Section | 一般 |
|---|
| Research Field |
Economic policy
|
|---|
| Research Institution | Tokyo Metropolitan University |
|---|
Principal Investigator |
UMEDA Masanobu 首都大学東京, 社会科学研究科, 教授 (40438114)
|
|---|
| Project Period (FY) |
2009 – 2012
|
| Project Status |
Completed (Fiscal Year 2012)
|
| Budget Amount *help |
¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2012: ¥130,000 (Direct Cost: ¥100,000、Indirect Cost: ¥30,000)
Fiscal Year 2011: ¥260,000 (Direct Cost: ¥200,000、Indirect Cost: ¥60,000)
Fiscal Year 2010: ¥260,000 (Direct Cost: ¥200,000、Indirect Cost: ¥60,000)
Fiscal Year 2009: ¥130,000 (Direct Cost: ¥100,000、Indirect Cost: ¥30,000)
|
|---|
| Keywords | 新日銀法 / 金融政策決定会合 / 非伝統的な金融政策 / デフレ / 金融システム不安 / 金融論 / 経済政策 |
|---|
| Research Abstract |
In this paper, I investigated the unprecedented monetary policymaking process at the Bank of Japan since late 1990s under the New Bank of Japan Act, using the transcripts of the Monetary Policy Committee of the BOJ and various other documents and data. This study revealed the genuine motives for the BOJ’s policy judgments such as (1) the initial interest rate reduction to 0.25％, (2) the introduction of zero-interest-rate policy, (3) the lift of zero-interest-rate policy, (4) the introduction of quantitative easingpolicy and so on, and also analyzed consistency among the unconventional policies whose results gave various useful implications for monetary policy analyses..
|
Report
(5 results)
Research Products
(12 results)
-
-
-
-
-
[Presentation] 日銀の政策形成2012
Author(s)
梅田雅信
Organizer
本金融学会中央銀行部会
Place of Presentation
麗澤大学東京センター
Year and Date
2012-03-17
Related Report
-
[Presentation] 日銀の政策形成2012
Author(s)
梅田雅信
Organizer
日本金融学会中央銀行部会
Place of Presentation
麗澤大学東京センター
Year and Date
2012-03-17
Related Report
-
-
-
-
-
-
