policy on financial markets, economic activity, and labor markets in Japan empirically by employing exactly the same testing … prices in Japan and improved market expectations. Third, the QE policy recovered labor market conditions and economic … productivity in Japan. Finally, additional analyses of fund flows and economic survey data suggest that the primary transmission …

This paper provides an overview of the operational implementation of negative interest rates in Europe and Japan …

interest rates. They also tend to rebalance their portfolio of liquid assets away from bank deposits and reduce their degree of …

the effect of an exogenous monetary impulse on output based on the data from Japan. The conditional impulse response …