The macroeconomic effects of Japan’s unconventional monetary policies



Professor Ryuzo Miyao, University of Tokyo.


Acton Theatre, JG Crawford Building (132), Lennox Crossing, ANU


Tuesday, 21 March, 2017 - 12:00 to 13:00

Japan is the country with the longest history of implementing unconventional monetary policies, which were first introduced fifteen years ago and have since been expanded several times. A case in point is the quantitative and qualitative monetary easing (QQE) policy introduced by the Bank of Japan (BOJ) in early 2013 along with the commitment to continue with the program as long as necessary to achieve the BOJ’s 2 per cent price stability target.

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