Monetary Policy in Japan: Lessons to Draw When Comparing it with the US

2003 ◽  
Author(s):  
Alicia García-Herrero
Keyword(s):  
2021 ◽  
pp. 1-10
Author(s):  
Toyoichiro Shirota

Abstract This study empirically examines whether shock size matters for the US monetary policy effects. Using a nonlinear local projection method, I find that large monetary policy shocks are less powerful than smaller monetary policy shocks, with the information effect being the potential source of the observed asymmetry in monetary policy efficacy.


2020 ◽  
Vol 44 (4) ◽  
pp. 100819
Author(s):  
Sel Dibooglu ◽  
Seyfettin Erdogan ◽  
Durmus Cagri Yildirim ◽  
Emrah Ismail Cevik

Author(s):  
Elena Lutskaya ◽  

The article examines the views of Western researchers on overcoming the COVID-19 crisis and its consequences. The main focus is on the monetary policy of the Federal Reserve system - the most developed financial system that affects both the US economy and global markets.


Sign in / Sign up

Export Citation Format

Share Document