Bernanke's speech shows where BOJ failed
Werner, R.A. (2009) Bernanke's speech shows where BOJ failed. Daily Yomiuri
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Description/Abstract
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 |
| Item ID: | 344802 |
| Date Deposited: | 05 Nov 2012 11:12 |
| Last Modified: | 05 Nov 2012 11:12 |
| Contributors: | Werner, R.A. (Author) |
| Date: | 29 September 2009 |
| Status: | Published |
| URI: | http://eprints.soton.ac.uk/id/eprint/344802 |
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