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Monetary and Economic Studies


Monetary and Economic Studies is published each year, by the Bank of Japan's Institute for Monetary and Economic Studies (IMES). In line with IMES policy, the publication seeks to provide information on monetary and economic issues to the general public. Articles include research achievements by the staff and visiting scholars, and selected works from the proceedings of conferences sponsored by IMES.

Views expressed in Monetary and Economic Studies are those of the authors and do not necessarily reflect those of the Bank of Japan or IMES.

Click the title to obtain an abstract of the thesis

Vol.30 / November 2012

Table : Vol.30 / November 2012
Author(s) Title/Keywords Full Text (PDF)
Hiroshi Fujiki, Naohisa Hirakata, Kentaro Morishita, Tomoo Yoshida Demographic Changes and Macroeconomic Performance: Summary of the 2012 BOJ-IMES Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan 103KB
Masaaki Shirakawa Demographic Changes and Macroeconomic Performance: Japanese Experiences 1,502KB
Marvin Goodfriend The Elusive Promise of Independent Central Banking
/Bank of England; Central bank independence; Credit turmoil of 2007-08; Federal Reserve; Great Inflation; Lender of last resort; Monetary policy
Otmar Issing The Mayekawa Lecture: Central Banks-Paradise Lost
/Central banking; Financial stability; Monetary policy
Kentaro Kikuchi, Kohei Shintani Comparative Analysis of Zero Coupon Yield Curve Estimation Methods Using JGB Price Data
/Coupon-bearing government bond; Zero coupon yield; Piecewise polynomial function