Japan’s economy has problems that, undoubtedly, are more complex than monetary policy might be expected to solve. But … Japan has made repeated efforts toward greater transparency since achieving independence in 1998. …

The success, or lack thereof, of the Bank of Japan's quantitative easing program is of interest not only as an …

The goal of monetary policy as conducted by the Bank of Japan is to contribute to the sound development of the national … been for other central banks. Following the implementation of the new Bank of Japan Law in 1998, the monetary policy …

of Japan prompted a number of empirical investigations of the expectation hypothesis (EH) of the term structures of … interest rates in Japan. This paper is a continuation of this research. It deviates from the previous work on the EH in Japan …

Remarks at the Japan Society, New York City. …

-arbitrage" models of the term structure for the United States and Japan. There is some evidence that central bank communications can …

monetary easing" recently undertaken by the Bank of Japan when the nominal short-term interest rate was virtually at zero … effects were adverse on net for Japan's economy. However, our analysis counsels caution in accepting the view that, ceteris …