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)
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Organisations: Centre for Digital, Interactive & Data Driven Marketing
ePrint ID: 344802
Date :
Date Event
29 September 2009Published
Date Deposited: 05 Nov 2012 11:12
Last Modified: 17 Apr 2017 16:25
Further Information:Google Scholar
URI: http://eprints.soton.ac.uk/id/eprint/344802

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