[HTML][HTML] Data-driven monetary policy: Evidence from the Bank of Japan's equity purchase program
Z Liu, CS Nikitopoulos, K Phua, J Wang - Pacific-Basin Finance Journal, 2024 - Elsevier
Central banks' monetary policies are increasingly data-driven. To assess the consequences
of such monetary policies, we study the equity ETF purchase program of the Bank of Japan …
of such monetary policies, we study the equity ETF purchase program of the Bank of Japan …
Hidden Stagflation
Y Takahashi, N Takayama - Available at SSRN 4076811, 2022 - papers.ssrn.com
There is a widespread perception that the Japanese economy has been under-performing
due to chronic deflation. From this perspective, it is puzzling that consumption growth began …
due to chronic deflation. From this perspective, it is puzzling that consumption growth began …
[引用][C] When Should Governments Buy Assets?
D Neuhann, M Sockin - 2024 - sites.utexas.edu
We study a policymaker buying and selling securities to manage financial market liquidity in
“normal times,” defined as periods where asset prices are not distorted by financial …
“normal times,” defined as periods where asset prices are not distorted by financial …
The impact of the Bank of Japan's exchange traded fund and corporate bond purchases on firms' capital structure
TL Nguyen - The Japanese Economic Review, 2024 - Springer
This study examines how the Bank of Japan's (BOJ's) exchange-traded fund (ETF) and
corporate bond (CB) purchases affect the capital structure of Japanese listed firms. The …
corporate bond (CB) purchases affect the capital structure of Japanese listed firms. The …
[PDF][PDF] 日本銀行の株式保有と株式の長期的な利回り
一上響 - ゆうちょ財団研究助成論文集, 2024 - yu-cho-f.jp
要旨日本銀行は, 2010 年以降 10 年以上にわたり, 日経 225 などの株価指数に連動する上場投資
信託 (ETF) を買入れてきた. 現在でも購入した ETF は一切売却されておらず, 2021 年 3 …
信託 (ETF) を買入れてきた. 現在でも購入した ETF は一切売却されておらず, 2021 年 3 …