Hirakata, Naohisa; Sudo, Nao; Ueda, Kozo - Institute for Monetary and Economic Studies, Bank of Japan - 2011
We evaluate the implications of spread-adjusted Taylor rules and capital injection policies in response to adverse … capital injection policy as a positive (negative) amount of injection to either of the two sectors in response to an adverse … of the type of shock. The capital injection to the FIs has a greater impact on the economy compared with that to the …