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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Description/Abstract

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 Management School > Finance
ePrint ID: 343175
Date Deposited: 19 Oct 2012 13:42
Last Modified: 27 Mar 2014 20:25
URI: http://eprints.soton.ac.uk/id/eprint/343175

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