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Technology and Industrial Development in Japan: Building Capabilities by Learning, Innovation, and Public Policy

Technology and Industrial Development in Japan: Building Capabilities by Learning, Innovation, and Public Policy »

Source: Finance & Development, March 1998

Volume/Issue: 35/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1998

ISBN: 9781451953220

Keywords: monetary policy, inflation, monetary fund, inflation targeting

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly...

World Economy in Transition Currency Crises: The Role of Monetary Policy

World Economy in Transition Currency Crises: The Role of Monetary Policy »

Source: Finance & Development, March 1998

Volume/Issue: 35/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1998

ISBN: 9781451953220

Keywords: monetary policy, inflation, monetary fund, inflation targeting

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly...

The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan

The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan »

Source: The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan

Volume/Issue: 2001/186

Series: IMF Working Papers

Author(s): Douglas Laxton , and Benjamin Hunt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2001

ISBN: 9781451859461

Keywords: Monetary policy rules, liquidity trap, uncertainty, inflation, inflation target, price level, Uncertainity,

This paper uses the IMF's macroeconomic model MULTIMOD to examine the implications of the zero-interest-rate floor (ZIF) for the design of monetary policy in Japan. Similar to findings in other studies, targeting r...