Kobayashi, Takeshi; Spiegel, Mark; Yamori, Nobuyoshi - Federal Reserve Bank of San Francisco - 2006
One of the primary motivations offered by the Bank of Japan (BOJ) for its quantitative easing program -- whereby it …
Nagoya University
ABSTRACT
One of the primary motivations offered by the Bank of Japan (BOJ) for its
quantitative … disproportionately
benefit financially weaker Japanese banks.
Keywords: quantitative easing, Bank of Japan, liquidity trap …