EVIDENCE FROM JAPAN
EVIDENCE FROM JAPAN
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来自日本的证据
DOI：
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发表时间：
2017
期刊：
影响因子：
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通讯作者：
Ana
中科院分区：
文献类型：
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作者：
A. Drǎgoi;Ana
在危机后的现实中，量化宽松（QE）已开始被用作促进信贷活动和恢复经济增长的工具。虽然一些发达经济体（美国、日本、欧盟）已经实施了量化宽松举措，但我们的论文主要基于日本经验的假设，旨在评估它们的成功。我们的分析将简要回顾最近科学文献中对这一特定主题的几个重要理论贡献，并将通过SWOT分析进一步评估这种非常规货币政策的优势和劣势。在我们研究的最后一部分，我们将通过比较分析来评估欧洲央行（ECB）量化宽松举措可能取得的成功，并考虑到从日本经验中“吸取的教训”。关键词：量化宽松，通货膨胀，信贷活动，日本经济JEL分类：E， E5, E58, E59
In the post-crisis reality, the Quantitative Easing (QE) has started to be used as a tool for boosting credit activity and to revival the economic growth. While QE initiatives have been enforced by some advanced economies (U.S., Japan, EU) our paper aims to assess their success, basing its assumptions mainly on the Japanese experience. Our analysis will briefly review several important theoretical contributions to this particular topic presented in the recent scientific literature and will further evaluate, through a SWOT analysis, the strengths and the weaknesses of this unconventional monetary policy. In the final part of our research we will assess the possible success of the European Central Bank’s (ECB) QE initiative through a comparative analysis which takes into account the “lessons learned” from the Japanese experience. . Key-words: quantitative easing, inflation, credit activity, Japan economy JEL Classification: E, E5, E58, E59