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Macroeconomic management when policy space is constrained : a comprehensive, consistent, and coordinated approach to economic policy
Gaspar, Vítor; Obstfeld, Maurice; Sahay, Ratna; … - 2016
The recovery in GDP growth since the global financial crisis has been halting and weak. Concern is widespread that countercyclical policies have run out of space or lack the power to raise growth or deal with the next negative shock. This note argues that room exists for effective policies and...
Persistent link: https://www.econbiz.de/10011610773
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Reflating Japan : time to get unconventional?
Arbatli, Elif; Botman, Dennis P. J.; Clinton, Kevin; … - 2016
Japan has ambitious economic goals: 3 percent nominal growth; 2 percent inflation; and a primary budget surplus …
Persistent link: https://www.econbiz.de/10011715113
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The Zero Interest Floor (ZIF) and its implications for monetary policy in Japan
Hunt, Benjamin F.; Laxton, Douglas - 2001
Persistent link: https://www.econbiz.de/10001634273
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The zero interest rate floor (ZIF) and its implications for monetary policy in Japan
Hunt, Benjamin F.; Laxton, Douglas - In: National Institute economic review (2004) 1, pp. 76-92
Persistent link: https://www.econbiz.de/10001895106
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The zero-interest-rate floor and its implications for monetary policy in Japan
Hunt, Benjamin F.; Laxton, Douglas - In: Japan's lost decade : policies for economic revival, (pp. 179-205). 2003
Persistent link: https://www.econbiz.de/10001786029
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Deflationary shocks and monetary rules : an open-economy scenario analysis
Laxton, Douglas (contributor); N'Diaye, Papa (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003400266
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Deflationary shocks and monetary rules : an open-economy scenario analysis
Laxton, Douglas; N'Diaye, Papa; Pesenti, Paolo A. - 2006
Persistent link: https://www.econbiz.de/10003399555
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Deflationary shocks and monetary rules : an open-economy scenario analysis
Laxton, Douglas; N'Diaye, Papa M'B. P.; Pesenti, Paolo A. - In: Journal of the Japanese and international economies : … 20 (2006) 4, pp. 665-698
Persistent link: https://www.econbiz.de/10003496074
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Deflationary shocks and monetary rules : an open-economy scenario analysis
Laxton, Douglas; N'Diaye, Papa; Pesenti, Paolo A. - 2006
Persistent link: https://www.econbiz.de/10003401407
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The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan
Laxton, Douglas - 2001
(ZIF) for the design of monetary policy in Japan. Similar to findings in other studies, targeting rates of inflation lower …
Persistent link: https://www.econbiz.de/10014401235