Chapter 8. Bank of Japan's Exchange-Traded Fund Purchases under Quantitative and Qualitative Easing with Yield Curve Control. Part I. The Framework of Monetary Policy Implementation -- Chapter 2. China's Monetary Policy: Institutional Setting, Tools and Challenges -- Chapter 3. Inflation Targeting in Korea -- Part II. Central Banks in Foreign Exchange Markets -- Chapter 4. Exchange-Rate Management in East Asia: Words and Deeds -- Chapter 5. Taiwan's Exchange-Rate Policy and its Current Challenges -- Chapter 6. Monetary Policy Implementation in Singapore -- Part III. Dimensions of Monetary Policy Implementation -- Chapter 7. The Asset Purchase Programmes of the ESCB in the Courts -- Chapter 8. Bank of Japan's Exchange-Traded Fund Purchases under Quantitative and Qualitative Easing with Yield Curve Control.
Summary:
This book shares essential insights into the implementation of monetary policy in various East Asian countries. Highlighting case studies from China, Taiwan, Korea, Japan and Singapore, leading economists and practitioners from central banks illustrate how dependent effective monetary policy is on the institutional and financial market environment, as well as on successful implementation and communication. The respective contributions cover various aspects of monetary policy implementation, such as: How is inflation targeting handled? For what purposes and how do central banks operate on financial markets, and what are the (at times unintended) effects? How do currency market interventions help achieve the monetary policy targets set by individual countries or areas? In addition, Asian experiences are contrasted with those from the Eurozone.
Series:
Financial and monetary policy studies, 0921-8580 ; 51
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.