Series: IMF Working Papers
Author(s): Waikei Lam
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2011
Keywords: Monetary and Credit Easing, Quantitative Easing, Large-scale Asset Purchases, financial markets, bonds, corporate bonds, government securities, government bonds, Money And Interest Rates, Monetary Policy
With policy rates near the zero bound, the Bank of Japan (BoJ) has introduced a series of unconventional monetary easing measures since late 2009 in response to lingering deflation and a weakening economy. These me...