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アイテム
Economic Fluctuation and Japanese Monetary Policy : Two Empirical Studies with SVAR Approach
https://doi.org/10.15027/17389
https://doi.org/10.15027/1738970e41954-4d90-47b5-a4bb-c0a310a1396a
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
ecost_24_31.pdf (1.5 MB)
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| Item type | デフォルトアイテムタイプ_（フル）(1) | |||||||
|---|---|---|---|---|---|---|---|---|
| 公開日 | 2023-03-18 | |||||||
| タイトル | ||||||||
| タイトル | Economic Fluctuation and Japanese Monetary Policy : Two Empirical Studies with SVAR Approach | |||||||
| 言語 | en | |||||||
| 作成者 |
Ren, Weitong
× Ren, Weitong
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| アクセス権 | ||||||||
| アクセス権 | open access | |||||||
| アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||
| 主題 | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | SVAR | |||||||
| 主題 | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | Monetary policy | |||||||
| 主題 | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | World GDP | |||||||
| 主題 | ||||||||
| 主題Scheme | NDC | |||||||
| 主題 | 330 | |||||||
| 内容記述 | ||||||||
| 内容記述 | The paper investigates the effects of Japanese monetary policy with two structure VAR (SVAR) analyses. Firstly, it constructs SVAR model using seven economic variables of Japan and assumes a particular structure matrix to identify it. By estimating this model with monthly data from 1970:Ol to 2002:12, it shows the following main results, 1) interest rate shock and money supply shock have significant effects on economic variables; 2) the shock's effect of the credit from central bank is very small; 3) the effect of exchange rate shock is limited 4) the Bank of Japan implements monetary policy by both of interest rate and money supply. Secondly, following Huang and Guo (2006) and NG (2002), it introduces the world GDP to denote world economy growth and oil price to denote world price level, and estimates SVAR model containing them and Japanese interest rate and exchange rate. Empirical results show that the external demand shock has negative effect on exchange rate and positive effect on interest rate, and the external supply shock has positive effects on both exchange rate and interest rate. | |||||||
| 言語 | en | |||||||
| 出版者 | ||||||||
| 出版者 | 広島大学経済学会 | |||||||
| 言語 | ||||||||
| 言語 | eng | |||||||
| 資源タイプ | ||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||||
| 資源タイプ | departmental bulletin paper | |||||||
| 出版タイプ | ||||||||
| 出版タイプ | VoR | |||||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||
| ID登録 | ||||||||
| ID登録 | 10.15027/17389 | |||||||
| ID登録タイプ | JaLC | |||||||
| 収録物識別子 | ||||||||
| 収録物識別子タイプ | ISSN | |||||||
| 収録物識別子 | 0288-2434 | |||||||
| 収録物識別子 | ||||||||
| 収録物識別子タイプ | NCID | |||||||
| 収録物識別子 | AN1023014X | |||||||
| 開始ページ | ||||||||
| 開始ページ | 31 | |||||||
| 書誌情報 |
広島大学経済学研究 The Economic Studies 号 24, p. 31-64, 発行日 2007-02-28 |
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| 旧ID | 17389 | |||||||
