메뉴 건너뛰기




Volumn 15, Issue 1, 2004, Pages 101-124

Erratum: "Monetary policy in deflation: The liquidity trap in history and practice" (North American Journal of Economics and Finance (2004) vol. 15 (1) (101-124) S10.1016/j.najef.2003.12.001);Monetary policy in deflation: The liquidity trap in history and practice

Author keywords

Great Depression; Japan; Liquidity trap; Zero interest rate bound

Indexed keywords


EID: 1342311625     PISSN: 10629408     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.najef.2004.03.001     Document Type: Erratum
Times cited : (35)

References (40)
  • 1
    • 0038352853 scopus 로고    scopus 로고
    • Preventing deflation: Lessons from Japan's experience in the 1990s
    • (June). IFDP
    • Ahearne, A., Gagnon, J., Haltmaier, J., & Kamin, S. (2002, June). Preventing deflation: Lessons from Japan's experience in the 1990s (p. 729). IFDP.
    • (2002) , pp. 729
    • Ahearne, A.1    Gagnon, J.2    Haltmaier, J.3    Kamin, S.4
  • 3
    • 0141831851 scopus 로고    scopus 로고
    • Japanese monetary policy: A case of self-induced paralysis
    • R. Mikitani & A. S. Posen (Eds.), Institute for International Economics. Special report 13
    • Bernanke, B. S. (2000). Japanese monetary policy: A case of self-induced paralysis. In R. Mikitani & A. S. Posen (Eds.), Japan's financial crises and its parallels to U.S. experience. Institute for International Economics. Special report 13.
    • (2000) Japan's Financial Crises and Its Parallels to U.S. Experience
    • Bernanke, B.S.1
  • 4
    • 0002025545 scopus 로고
    • Liquidity traps for money, bank credit, and interest rates
    • Brunner K. Meltzer A.H. Liquidity traps for money, bank credit, and interest rates Journal of Political Economy 76 1 1968 1-37
    • (1968) Journal of Political Economy , vol.76 , Issue.1 , pp. 1-37
    • Brunner, K.1    Meltzer, A.H.2
  • 5
    • 0041072572 scopus 로고    scopus 로고
    • Monetary policy when the nominal short-term interest rate is zero
    • (November). FEDS
    • Clouse, J., Henderson, D., Orphanides, A., Small, D., & Tinsley, P. (2000, November). Monetary policy when the nominal short-term interest rate is zero (p. 51). FEDS.
    • (2000) , pp. 51
    • Clouse, J.1    Henderson, D.2    Orphanides, A.3    Small, D.4    Tinsley, P.5
  • 6
    • 0041573263 scopus 로고    scopus 로고
    • The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan
    • Coenen, G., & Wieland, V. (2003). The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan. Journal of Monetary Economics, 50(5), 1071-1101.
    • (2003) Journal of Monetary Economics , vol.50 , Issue.5 , pp. 1071-1101
    • Coenen, G.1    Wieland, V.2
  • 7
    • 1342329869 scopus 로고
    • Causes of the recession
    • (Reprint of essay dated April 1, 1938)
    • Currie L. Causes of the recession History of Political Economy 123 1980 316-335 (Reprint of essay dated April 1, 1938)
    • (1980) History of Political Economy , vol.12 , Issue.3 , pp. 316-335
    • Currie, L.1
  • 8
    • 1342265998 scopus 로고
    • Controlling booms and depressions. Fortune
    • Reprinted in A. D. Gayer (Ed.), New York: Farrar and Rinehart
    • Eccles, M. (1937). Controlling booms and depressions. Fortune. Reprinted in A. D. Gayer (Ed.), The lessons of monetary experience. New York: Farrar and Rinehart.
    • (1937) The Lessons of Monetary Experience
    • Eccles, M.1
  • 9
    • 0043241015 scopus 로고    scopus 로고
    • The zero bound on interest rates and optimal monetary policy
    • Eggertson, G., & Woodford, M. (2003). The zero bound on interest rates and optimal monetary policy. Brookings Papers on Economic Activity, 1, 139-233.
    • (2003) Brookings Papers on Economic Activity , vol.1 , pp. 139-233
    • Eggertson, G.1    Woodford, M.2
  • 11
    • 1342308571 scopus 로고    scopus 로고
    • The liquidity trap, the supply of reserves and U.S. interest rates in the 1930s
    • Manuscript
    • Hanes, C. (2000). The liquidity trap, the supply of reserves and U.S. interest rates in the 1930s. Manuscript.
    • (2000)
    • Hanes, C.1
  • 12
    • 1342308570 scopus 로고    scopus 로고
    • Issues regarding the Japanese financial system and monetary policy
    • (September 11). Bank of Japan. This article is excerpted and translated from a speech given by Masaru Hayami, Governor of the Bank of Japan, to the Yomiuri International Economic Society in Tokyo on July 29, 1998
    • Hayami, M. (1998, September 11). Issues regarding the Japanese financial system and monetary policy. Bank of Japan. This article is excerpted and translated from a speech given by Masaru Hayami, Governor of the Bank of Japan, to the Yomiuri International Economic Society in Tokyo on July 29, 1998.
    • (1998)
    • Hayami, M.1
  • 13
    • 0347642229 scopus 로고    scopus 로고
    • Recent monetary and economic conditions in Japan
    • (March 18). Article excerpted and translated by the Bank of Japan from a speech given at the Research Institute of Japan in Tokyo
    • Hayami, M. (1999, March 18). Recent monetary and economic conditions in Japan. Article excerpted and translated by the Bank of Japan from a speech given at the Research Institute of Japan in Tokyo.
    • (1999)
    • Hayami, M.1
  • 14
    • 24444480232 scopus 로고    scopus 로고
    • Towards a sustainable growth path
    • (February 25). Speech at the Keizai Club
    • Hayami, M. (2003, February 25). Towards a sustainable growth path. Speech at the Keizai Club.
    • (2003)
    • Hayami, M.1
  • 16
    • 0004064059 scopus 로고
    • The general theory of employment, interest and money
    • London: MacMillan
    • Keynes, J. M. (1936). The general theory of employment, interest and money. London: MacMillan.
    • (1936)
    • Keynes, J.M.1
  • 17
    • 0032243738 scopus 로고    scopus 로고
    • It's baaack: Japan's slump and the return of the liquidity trap
    • Krugman P. It's baaack: Japan's slump and the return of the liquidity trap Brookings Papers on Economic Activity 2 1998 137-187
    • (1998) Brookings Papers on Economic Activity , vol.2 , pp. 137-187
    • Krugman, P.1
  • 19
  • 21
    • 23044521584 scopus 로고    scopus 로고
    • Theoretical analysis regarding a zero lower bound on nominal interest rates
    • McCallum B.T. Theoretical analysis regarding a zero lower bound on nominal interest rates Journal of Money, Credit and Banking 32 4, Part 2 2000 870-904
    • (2000) Journal of Money, Credit and Banking , vol.32 , Issue.4 PART 2 , pp. 870-904
    • McCallum, B.T.1
  • 22
    • 1342287355 scopus 로고    scopus 로고
    • Liquidity claptrap
    • (November/December)
    • Meltzer, A. H. (1999, November/December). Liquidity claptrap. The International Economy, 18-23.
    • (1999) The International Economy , pp. 18-23
    • Meltzer, A.H.1
  • 24
    • 1342308574 scopus 로고    scopus 로고
    • Current economic conditions in Japan and challenges for monetary policy
    • (December 14). Speech at the Capital Markets Research Institute in Tokyo on November 1, 1999. Bank of Japan
    • Nakahara, N. (1999, December 14). Current economic conditions in Japan and challenges for monetary policy. Speech at the Capital Markets Research Institute in Tokyo on November 1, 1999. Bank of Japan.
    • (1999)
    • Nakahara, N.1
  • 25
    • 1342287360 scopus 로고    scopus 로고
    • The Japanese economy and monetary policy in a deflationary environment
    • (February 20). Speech at the Capital Markets Research Institute in Tokyo on December 11, 2001. Bank of Japan
    • Nakahara, N. (2002, February 20). The Japanese economy and monetary policy in a deflationary environment. Speech at the Capital Markets Research Institute in Tokyo on December 11, 2001. Bank of Japan.
    • (2002)
    • Nakahara, N.1
  • 26
    • 0005081576 scopus 로고    scopus 로고
    • Monetary policy under zero inflation: A response to criticisms and questions regarding monetary policy
    • (July). Bank of Japan. IMES Discussion Paper Series 99-E-20
    • Okina, K. (1999, July). Monetary policy under zero inflation: A response to criticisms and questions regarding monetary policy. Bank of Japan. IMES Discussion Paper Series 99-E-20.
    • (1999)
    • Okina, K.1
  • 27
    • 0042575527 scopus 로고    scopus 로고
    • Historical monetary policy analysis and the Taylor rule
    • Orphanides A. Historical monetary policy analysis and the Taylor rule Journal of Monetary Economics 505 2003 983-1022
    • (2003) Journal of Monetary Economics , vol.50 , Issue.5 , pp. 983-1022
    • Orphanides, A.1
  • 28
    • 0003680644 scopus 로고    scopus 로고
    • Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero
    • (June). Finance and Economics Discussion Series, 98-35. Board of Governors of the Federal Reserve System
    • Orphanides, A., & Wieland, V. (1998, June). Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero. Finance and Economics Discussion Series, 98-35. Board of Governors of the Federal Reserve System.
    • (1998)
    • Orphanides, A.1    Wieland, V.2
  • 30
    • 79953322172 scopus 로고    scopus 로고
    • Three lessons for monetary policy in a low inflation era
    • Reifschneider D.Williams J.Three lessons for monetary policy in a low inflation era Journal of Money, Credit and Banking 32 4, Part 2 2000 936-966
    • (2000) Journal of Money, Credit and Banking , vol.32 , Issue.4 PART 2 , pp. 936-966
    • Reifschneider, D.1    Williams, J.2
  • 31
    • 84974126974 scopus 로고
    • What ended the Great Depression?
    • Romer C.D. What ended the Great Depression? Journal of Economic History 524 1992 757-784
    • (1992) Journal of Economic History , vol.52 , Issue.4 , pp. 757-784
    • Romer, C.D.1
  • 32
    • 0001673254 scopus 로고    scopus 로고
    • The zero bound in an open-economy: A foolproof way of escaping from a liquidity trap
    • Svensson L. The zero bound in an open-economy: A foolproof way of escaping from a liquidity trap Monetary and Economic Studies 19 2001 277-312
    • (2001) Monetary and Economic Studies , vol.19 , pp. 277-312
    • Svensson, L.1
  • 33
    • 0003620852 scopus 로고
    • Did monetary forces cause the Great Depression?
    • New York: W.W. Norton & Company
    • Temin, P. (1976). Did monetary forces cause the Great Depression? New York: W.W. Norton & Company.
    • (1976)
    • Temin, P.1
  • 34
    • 1342329866 scopus 로고    scopus 로고
    • The Bank of Japan's forward looking approach
    • (July 1) Remarks at the Meeting on Economic and Financial Matters in Kagoshima
    • Ueda, K. (1999, July 1). The Bank of Japan's forward looking approach. Remarks at the Meeting on Economic and Financial Matters in Kagoshima.
    • (1999)
    • Ueda, K.1
  • 35
    • 24444433228 scopus 로고    scopus 로고
    • Structural problems and the effectiveness of monetary policy
    • (April 24). Based on a speech at the Meeting on Economic and Financial Matters in Maebashi City, Gunma Prefecture
    • Ueda, K. (2002, April 24). Structural problems and the effectiveness of monetary policy. Based on a speech at the Meeting on Economic and Financial Matters in Maebashi City, Gunma Prefecture.
    • (2002)
    • Ueda, K.1
  • 36
    • 1342308572 scopus 로고
    • Banking Act of 1935. Hearings before the Committee on Banking and Currency, House of Representatives
    • United States Congress. Washington, DC: United States Government Printing Office
    • United States Congress. (1935). Banking Act of 1935. Hearings before the Committee on Banking and Currency, House of Representatives. Washington, DC: United States Government Printing Office.
    • (1935)
  • 37
    • 0242337892 scopus 로고    scopus 로고
    • Staggered price setting and the zero bound on nominal interest rates
    • Wolman A.S. Staggered price setting and the zero bound on nominal interest rates Federal Reserve Bank of Richmond Economic Review 84 1998 1-24
    • (1998) Federal Reserve Bank of Richmond Economic Review , vol.84 , pp. 1-24
    • Wolman, A.S.1
  • 38
    • 18144377075 scopus 로고    scopus 로고
    • Real implications of the zero bound on nominal interest rates
    • (in press)
    • Wolman, A. S. (in press). Real implications of the zero bound on nominal interest rates. Journal of Money, Credit and Banking.
    • Journal of Money, Credit and Banking
    • Wolman, A.S.1
  • 39
    • 1342287652 scopus 로고    scopus 로고
    • Monetary policy and structural policy: A Japan perspective
    • (October 8-9). Remarks prepared for a conference at the Banque de France
    • Yamaguchi, Y. (1999, October 8-9). Monetary policy and structural policy: A Japan perspective. Remarks prepared for a conference at the Banque de France.
    • (1999)
    • Yamaguchi, Y.1
  • 40
    • 24444479970 scopus 로고    scopus 로고
    • Monetary policy in a changing economic environment
    • (August 30). Remarks at a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming
    • Yamaguchi, Y. (2002, August 30). Monetary policy in a changing economic environment. Remarks at a symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming.
    • (2002)
    • Yamaguchi, Y.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.