Vollmer, Uwe; Bebenroth, Ralf - In: European Journal of Comparative Economics 9 (2012) 1, pp. 51-77
This paper describes the transmission of the recent financial crisis to Japan and compares the monetary policy … reactions by the Bank of Japan (BoJ) with those during the 1990s, and with reactions by other major central banks. The paper … financial crisis was transmitted to Japan and describe the responses by BoJ. The paper then proceeds and analyses the lessons …