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The Role of the Money Stock in Conducting Monetary Policy

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  • Policy Planning Office

    (Bank of Japan)

Abstract

Examining economic and financial developments since the 1990s, this paper discusses (1) the role of the money stock within the Bank of Japan's monetary policy and (2) why the relationship between the money stock and economic activity has been unstable in Japan.

Suggested Citation

  • Policy Planning Office, 2003. "The Role of the Money Stock in Conducting Monetary Policy," Bank of Japan Research Papers 2003-05-06, Bank of Japan.
    • Handle: RePEc:boj:bojron:03-e-0506
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    File URL: http://www.boj.or.jp/en/research/brp/ron_2003/data/ron0305a.pdf
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    Cited by:

    1. Ryota Kojima & Shinya Nakamura & Shinsuke Ohyama, 2005. "Inflation Dynamics in China," Bank of Japan Working Paper Series 05-E-9, Bank of Japan.
    2. Hiroshi Ugai, 2006. "Effects of the Quantitative Easing Policy: A Survey of Empirical Analyses," Bank of Japan Working Paper Series 06-E-10, Bank of Japan.

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