Tsuji, Chikashi - In: Cogent Economics & Finance 4 (2016) 1, pp. 1-28
The Japanese economy experienced a prolonged period of quantitative easing (QE) over the five years from March 2001 to March 2006. The purpose of this paper is to evaluate the direct and exclusive effects of this rather unconventional monetary policy on financial markets, economic activity, and...
