Abstract
The purpose of this paper is to explain first the background and mechanism of Japan’s policy on monetary aggregates, second the changes in the monetary and financial system which began in the early 1980s and are still continuing, and third the implication of these changes for the Bank of Japan’s current policy on the management of monetary aggregates.
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References
Osugi, K. (1990), ‘Japan’s Experience of Financial Deregulation since 1984 in an International Perspective’, BIS Economic Papers, no. 26, January.
Suzuki, Y. (1984) ‘Financial Innovation and Monetary Policy in Japan’, Bank of Japan, Monetary and Economic Studies, 2, 1, June 1984.
Suzuki, Y. (ed.) (1988) The Japanese Financial System (Oxford: Oxford University Press).
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© 1992 Stephen F. Frowen and Dietmar Kath
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Tamura, T. (1992). Monetary Control in Japan. In: Frowen, S.F., Kath, D. (eds) Monetary Policy and Financial Innovations in Five Industrial Countries. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21684-0_6
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DOI: https://doi.org/10.1007/978-1-349-21684-0_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-21686-4
Online ISBN: 978-1-349-21684-0
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