too-low inflation. The experience of the Bank of Japan's encounter with the zero lower bound suggests important benefits … from a clear definition of price stability as a symmetric 2% goal for inflation, which the Bank adopted in 2013. … Geldpolitik auch beim Einsatz unkonventioneller Maßnahmen erfolgreich ist? Athanasios Orphanides analysiert die Maßnahmen der Bank …

trade dispute. In the early 1990s, Japan faced sluggish economic growth and low inflation, as well as severe structural …Low inflation hit the Japanese economy shortly after the burst of the bubble in stocks and real estate in 1991 and has … operational independence and the lessons learnt from Japan's bubble experience, meanwhile, the Bank of Japan (BOJ) was granted …