Dissertation > Excellent graduate degree dissertation topics show

A Study on the Efficiency of Japan’s Monetary Policy during the Heisei Recession

Author: PengLiang
Tutor: NieDan
School: East China Normal University
Course: Finance
Keywords: Japan Heisei Recession Monetary Policy Efficiency a Prospective of Micro Institutions
CLC: F823.13
Type: Master's thesis
Year: 2006
Downloads: 204
Quote: 5
Read: Download Dissertation


Japan’s economy had experienced several alternations of rapid economic growth and recession before 1990’s. Under previous economic system, Bank of Japan (BOJ) executed monetary policies and achieved successful macro adjustment results, contributing to the once highly successful model of economic growth. Nevertheless, after the burst of ’the Bubble Economy’, BOJ had taken a series of extremely loose monetary polices to bring the economy back, yet achieved no obvious results.How efficient were Japan’s monetary polices during Heisei recession? What is the major reason that affects the efficiency of monetary policy and how to improve? These three questions are to be discussed in the thesis.The analysis of this paper shows the efficiency of Japan’s monetary policy during Heisei recession is in a downward slope. From the macro economic indicators, the inefficiency of monetary policy results from the blocking of monetary transmission system. However, the theories of monetary transmission cannot explain the fact that Japan’s extremely loose monetary policies haven’t achieved obvious results in such a long period. Based on the analysis of the hiking of Japan’s economic institutions post the Second World War, I analyzed the economic behavior of Japan’s commercial banks, enterprises and consumers from a prospect of micro institutions, and made up with the point that the reason why Japan’s monetary policies were inefficient is the logic of Japan’s economic system has changed. Besides, the serious problem of non-performing assets and lagging of structure reform also contribute to this issue.In the long run, the only way out of recession for Japan’s economy is to rely on the adjustment of economic structure and innovation of institutions to promote industrial structure and to develop an economy that depends on domestic demands. Therefore, overall reform of the economic structure and straightening out the order of economy systems is the sole way to reconstruct Japan’s economy as well as the prerequisite of improving the efficiency of Japan’s monetary policies.

Related Dissertations

  1. Yunnan Province, human capital, the network structure of critical efficiency factor,F249.27
  2. The Design and Performance Simulation of External Valve Small Displacement Pump,TE933.3
  3. The Resistance and Resistance Chemical Control of Japanese Foxtail (Alopecurus Japonicus Steud.) to Haloxyfop-R-Methyl and Its Cross Resistance, Multiple Resistance with Different Herbicides,S451.2
  4. Effect of Nitrogenapplication Patterns on Variation of Soil Nitrate-N and Grain Yield of Wheat and Maize,S512.11
  5. The Analysis of the Social Institution of Realization of Individual Value,B038
  6. Study on Enhance Efficiency and Mechanism of BAC Process for Nitrogen Removal by Preoxidation,X703
  7. Effects of Different Models of Cultivation Management on Nitrogen and Carbon Metabolism and Grain Yield in Winter Wheat,S512.1
  8. CC Oil Production Plant Optimization pay system,F426.22
  9. Japan Regional Environmental Diplomacy,X321
  10. University teachers to improve resource utilization efficiency is extremely Approaches,G645.1
  11. Reconstruction of the Tax Audit on the Efficiency,F812.42
  12. Studies on Economies of Scale and Optimization Strategy of Tea Processing Enterprises-Based on DEA Method,F224;F426.82
  13. The Comparison between Chinese Translation and Japanese Translation of Virginia Woolf’s Works,I046
  14. The Analysis on the Process of Urbanization in Meiji Japan,K313.4
  15. Japan’s Textbook on Modern Beijing Mandarin "Language from Near Sets" Inheritance and Development,H195
  16. Japanese administrative culture change and integration and its Implications for China,D630
  17. Sino-Japanese environmental cooperation in the field of strategy and Countermeasures,X321
  18. Liu Meili and Themes on Koreans in Japan--with the Sense of Colonization Performed in 《The Cradle Beside Waters》as the Focus,I313.074
  19. The Research on the Effective Cooperative Learning in Mathematics Teaching of Senior School,G633.6
  20. Taiwan issue in Japan Factors,D822.331.3
  21. A Study on English Teachers’ Classroom Instructions in Senior High Schools,G633.41

CLC: > Economic > Fiscal, monetary > Currency
© 2012 www.DissertationTopic.Net  Mobile