Money and Economic Activity in Japan, 1946-1997 

作成者 天野, 昌功, Hooks, Donald
作成者の別表記 Amano, Masanori
日本十進分類法 (NDC) 330
内容 This paper first represents money multipliers for Japan in terms of the ratios of cash currency to demand deposits, demand deposits to total deposits, and bank reserves to total deposits, to explore the determinants of those ratios using the instrumental variable method. We next examine, using variance decompostions in the VAR systems, the relative contribution of the above ratios to changes in money multipliers, as well as the contribution of the multipliers and base money to money supply changes, and find some interesting implications for monetary policy-makers. Finally, the money multipliers are esimated also using the instrumental variable method.
Collected Papers on the Occasion of the Retirement of Professor Kenji Komatsu

公開者 千葉大学経済学会
コンテンツの種類 紀要論文 Departmental Bulletin Paper
DCMI資源タイプ text
ファイル形式 application/pdf
ISSN 0912-7216
NCID AN10005358
掲載誌情報 千葉大学経済研究 Vol.14 no.3 page.457-488 (19991201)
情報源 Economic journal of Chiba University
言語 英語
著者版フラグ publisher

Total Access Count:

870 times.

Related Materials in