Bernanke's speech shows where BOJ failed

Werner, R.A. (2009) Bernanke's speech shows where BOJ failed. Daily Yomiuri


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Bernanke differentiated his quantitative monetary policy from that of the Bank of Japan. His policy is more in line with the original definition of 'Quantitative Easing' by Richard Werner, namely increased credit creation. Hence the US economy is likey to recover far sooner, while growth is likely to lag in countries such as Japan, the UK or Spain and Ireland.

Item Type: Article
ISSNs: 0890-8710 (print)
Alternative titles: Comparing QE in the US and Japan
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Divisions: Faculty of Business and Law > Southampton Management School > Finance
ePrint ID: 344802
Date Deposited: 05 Nov 2012 11:12
Last Modified: 27 Mar 2014 20:26

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