Bubble economy and the effectiveness of monetary policy in Japan during the 1990s

This study evaluates the effectiveness of monetary policy within an IS-LM model framework. The monetary policy multiplier was found to have increased, suggesting that the potency of monetary policy has improved.

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Bibliographic Details
Main Author: Ang, Kelvin
Other Authors: Wang, Ruifang
Format: Theses and Dissertations
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/7211
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Institution: Nanyang Technological University