Midlands State University Library

Re-evaluation of Japan's monetary policy in the late 1980s with the interest rate gap

UMINO, Shingo

Re-evaluation of Japan's monetary policy in the late 1980s with the interest rate gap - Applied Economics Letters Volume , number , .

This article presents reconsideration of whether the monetary policy in the late 1980s was delayed. No report in the literature describes studies evaluating past monetary policy using the model-consistent latent variable from Bayesian estimation. No delay of monetary policy can be found.


natural rate of interest
interest rate gap
monetary policy