Article ID Journal Published Year Pages File Type
5062545 Economics Letters 2006 6 Pages PDF
Abstract

Piecewise linear policy reaction functions are estimated to examine the Bank of Japan's monetary policy during the period 1975-1995. The results indicate that the Bank of Japan implemented an implicit inflation zone targeting policy.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Did the Bank of Japan have a target zone for the inflation rate?
Authors
,