アジアの低インフレの経験と金融政策についての新刊


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Monetary Policy With Very Low Inflation in the Pacific Rim (N B E R East Asia Seminar on Economics)

Monetary Policy With Very Low Inflation in the Pacific Rim (N B E R East Asia Seminar on Economics)

内容

I. Monetary Policy Strategies

1. A Monetary Policy Rule for Automatic Prevention of a Liquidity Trap, p. 9-38
Bennett T. McCallum
Comment: James Harrigan, p. 38-41

マッカラムの関連論文はここ

2. Monetary Policy, Asset-price Bubbles, and the Zero Lower Bound, p. 43-81
Tim Robinson and Andrew Stone

Comment: Piti Disyatat, p. 81-84
Comment: Kenneth Kuttner, p. 84-90
3. Money Growth and Interest Rates, p. 91-121
Seok-Kyun Hur


Comment: R. Anton Braun, p. 121-123
Comment: Yuzo Honda, p. 124-128
II. The Japanese Experience

4. Two Decades of Japanese Monetary Policy and the Deflation Problem, p. 131-193
Takatoshi Ito and Frederic S. Mishkin


Comment: Kenneth Kuttner, p. 193-197
Comment: Kazuo Ueda, p. 197-201
5. Financial Strains and the Zero Lower Bound: The Japanese Experience, p. 203-227
Mitsuhiro Fukao


Comment: Piti Disyatat, p. 227-230
Comment: James Harrigan, p. 230-232

6. Monetary and Fiscal Policy in a Liquidity Trap: The Japanese Experience 1999-2004, p. 233-273
Mitsuru Iwamura, Takeshi Kudo and Tsutomu Watanabe


Comment: Fumio Hayashi, p. 273-278
7. Fiscal Remedies for Japan's Slump, p. 279-304
Laurence Ball


Comment: Mitsuru Iwamura, p. 304-306
III. Case Studies

8. Stock Market Liquidity and the Macroeconomy: Evidence from Japan, p. 309-335
Woon Gyu Choi and David Cook


Comment: Shin-ichi Fukuda, p. 335-338
Comment: Makoto Saito, p. 339-340

9.Interest Rate, Inflation, and Housing Price: With an Emphasis on Chonsei Price in Korea, p. 341-364
Dongchul Cho


Comment: Toshiki Jinushi, p. 364-368
Comment: Mario B. Lamberte, p. 368-370
10. Deflation and Monetary Policy in Taiwan, p. 371-396
Ya-Hwei Yang and Jia-Dong Shea


Comment: Toshiki Jinushi, p. 397-400
Comment: Shigenori Shiratsuka, p. 400-404