intervention has not been available for Japan. This paper investigates the effectiveness of intervention using recently published … of Japan and the Federal Reserve working in unison, give the highest success rate. During the period that the Bank of … Japan has reduced interbank rates to 0.5 percent and below (from September 1995), however, only one intervention operation …

intervention has not been available for Japan. This paper investigates the effectiveness of intervention using recently published … of Japan and the Federal Reserve working in unison, give the highest success rate. During the period that the Bank of … Japan has reduced interbank rates to 0.5 percent and below (from September 1995), however, only one intervention operation …

This article examines the effects of financial market reform on monetary control in Japan during the past two decades …. The authors identify changes in the Bank of Japan's operating strategy and evaluate the Bank's ability to influence key …

in Japan, a monetary aggregate and an interest rate. The paper tests whether these variables are good predictors of … model, over two periods between 1960 and 1992. In the earlier period when Japan's financial markets were less developed, a …