Monetary and Economic Studies
1998
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.
- to IMES Home
- Notice on copyright and other related matters regarding the site of the Institute for Monetary and Economic Studies.
Click the title to obtain an abstract of the thesis
Vol.16, No.2 / December 1998
| Author(s) | Title/Keywords | Full Text (PDF) |
|---|---|---|
| Allan H. Meltzer | Monetary Policy and the Quality of Information /Monetary policy; Demand for monetary base; Japan; United States; Germany |
172 KB |
| John B. Taylor | Information Technology and Monetary Policy /Monetary policy rules; Robustness; Information Technology |
68 KB |
| Tetsuya Inoue | Impact of Information Technology and Implications for Monetary Policy
/Information Technology; IT paradox; Mismeasurement in economic statistics; Network externalities; Adjustment cost; Relative price; Policy commitment |
243 KB |
| Masahiro Higo, Sachiko Kuroda Nakada | How Can We Extract a Fundamental Trend from an Economic Time-Series?
/Fundamental trend; Time-series analysis; X-12-ARIMA; DECOMP; HP Filter; Fourier transformation; Beveridge and Nelson decomposition |
589 KB |
| Akira Ieda, Toshikazu Ohba | Recent Trends in the Spread over Libor on the Domestic Straight Bond Trading Market in Japan
/Domestic straight bonds; LS (spread over Libor); Credit risk |
148 KB |
Vol.16, No.1 / May 1998
| Author(s) | Title/Keywords | Full Text (PDF) |
|---|---|---|
| Yoshinao Kiyama, Tsukasa Yamashita, Tohsinao Yoshiba, Toshihiro Yoshida | Interest Rate Risk of Banking Accounts: Measurement Using the VaR Framework
/Value at risk; Monte Carlo simulation; Holding period; Term-structure model; Heath-Jarrow-Morton model; Administered rate; Prepayment |
351 KB |
| Toshitaka Sekine | Financial Liberalization, the Wealth Effect, and the Demand for Broad Money in Japan
/Demand for money; Monetary policy; Wealth effect; Cointegration; Error correction; Exogeneity; Japan |
272 KB |
| Cheng Hisao, Hiroshi Fujiki | Nonstationary Time-Series Modeling versus Structural Equation Modeling: With an Application to Japanese Money Demand
/Nonstationary time series; Structural model; Identi-fication; Estimation; Prior information |
276 KB |