Keiki kaifuku no tameni ginko kaiire ni yoru zaiseiakaji hotenwo


Werner, Richard A. (1998) Keiki kaifuku no tameni ginko kaiire ni yoru zaiseiakaji hotenwo. In, Keizai Seminar, Kyoto, JP,

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Description/Abstract

We all would like Japan's economy to recover. This is not difficult. For a recovery, all we need is more credit creation. This can come from two sources: the Bank of Japan and the banking system. The BoJ is already printing money at full throttle, as we have reported before. It needs to keep up this policy. Moreover, bank loan growth is actually higher than reported by the official loan statistics, because they are distorted by the write-offs of bad debt. However, there are several simple ways in which the government can quickly accelerate bank loan growth.

Item Type: Conference or Workshop Item (Paper)
Alternative titles: To create an economic recovery the government should borrow from banks, not issue bonds
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Divisions: University Structure - Pre August 2011 > School of Management
Faculty of Business and Law > Southampton Management School > Finance
ePrint ID: 58495
Date Deposited: 14 Aug 2008
Last Modified: 27 Mar 2014 18:40
URI: http://eprints.soton.ac.uk/id/eprint/58495

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