Newly independent Bank of Japan reduces information disclosure

Werner, Richard A. (1998) Newly independent Bank of Japan reduces information disclosure. Economist (Japan)


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To assess the economy and the role of the central bank, data on bank credit creation is crucial. Such data is produced by the central bank, creating a conflict of interest. The Japanese central bank, like many other central banks, only publishes such data after substantial time delays, although available to the central bank virtually in real time. Furthermore, the central bank has stopped the publication of detailed disaggregated credit data, which is vital for economic analysis and the application of the Quantity Theory of Credit (Werner, 1992, 1997)

Item Type: Article
Subjects: H Social Sciences > HG Finance
Divisions : Faculty of Business and Law > Southampton Business School > Centre for Digital, Interactive & Data Driven Marketing
ePrint ID: 343175
Accepted Date and Publication Date:
18 August 1998Published
Date Deposited: 19 Oct 2012 13:42
Last Modified: 31 Mar 2016 14:34

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