Mita, Daiya; Nishimura, Kiyohiko G.; Saito, Taiga; … - 2022
This paper provides a time series analysis of the Bank of Japan (BOJ)'s ETF and REIT purchase program. The program is a … part of the BOJ's unconventional monetary policy and has strengthened since the Quantitative and Qualitative Easing (QQE …) in April 2013. To the best of our knowledge, the current study is the first attempt at investigating a dynamic aspect of …