Prior to the recent financial crisis, one of the most prominent examples of unconventional monetary stimulus was Japan … effects were overwhelmed by the contractionary forces in Japan's post-bubble economy. In the spirit of Kashyap and Stein (2000 … lending of a key element of QEP, the Bank of Japan's injections of liquidity into the interbank market. We identify a robust …

data. Since April 2013, the Bank of Japan has executed quantitative easing of an extraordinary magnitude. This is known as … really completely “dead”? This paper utilizes a panel data on balance sheets of Japan's regional banks to answer this …

To deal with the deep recession since the asset bubble burst in the early 1990s, the Bank of Japan (BOJ) adopted … paper investigates the effects of QQE on regional bank lending in Japan. Although regional banks play an important role in …