An Empirical Analysis on Policy Effect of Inflation Targeting in Japan

DOI

10.2991/iceemr-18.2018.142How to use a DOI?

Keywords

inflation targeting, the policy effect, Japan, the synthetic control method

Abstract

Japan has been implementing the inflation targeting officially in the beginning of 2013. Only few associated studies have been reported yet. After conducting a survey of the background of implementing inflation targeting in Japan, this study employs the synthetic control method to analysis its policy effect. The results demonstrated that the policy effect of inflation targeting was not very satisfying, but it still inhibited the further deterioration of deflation to some extent.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Donghua Liu
PY  - 2018/06
DA  - 2018/06
TI  - An Empirical Analysis on Policy Effect of Inflation Targeting in Japan
BT  - Proceedings of the 2018 2nd International Conference on Education, Economics and Management Research (ICEEMR 2018)
PB  - Atlantis Press
SP  - 593
EP  - 596
SN  - 2352-5398
UR  - https://doi.org/10.2991/iceemr-18.2018.142
DO  - 10.2991/iceemr-18.2018.142
ID  - Liu2018/06
ER  -