Quantitative Easing in Japan: A Longitudinal Analysis of Monetary Policy Effects and Challenges

Yıl 2024, Cilt: 39 Sayı: 4, 996 - 1010, 12.12.2024

Habib Badawi , Mohamed Hani Karim Wattar

https://doi.org/10.24988/ije.1412140

Öz

This study presents a comprehensive analysis of the effects and challenges of quantitative easing as a monetary policy tool in Japan. Over a period of more than two decades, Japan has implemented quantitative easing to stimulate its economy, resulting in a unique economic landscape characterized by both short-term benefits and long-term uncertainties. By examining historical developments, recent economic trends, and potential risks, this research sheds light on the complex interplay between monetary policy and economic outcomes in Japan.
This academic study will provide a comprehensive analysis of the effects and challenges of quantitative easing in Japan, focusing on both short-term benefits and long-term consequences. It will also examine recent economic trends and potential risks to the Japanese economy, offering insights and recommendations for policymakers while acknowledging the uncertainties surrounding the long-term effects of this monetary policy.

Anahtar Kelimeler

Economic stimulus, Monetary Policy, Quantitative Easing

Japonya'da Niceliksel Gevşeme: Para Politikası Etkileri ve Zorluklarının Boylamsal Analizi

Öz

Bu çalışma, Japonya'da bir para politikası aracı olarak niceliksel genişlemenin etkilerinin ve zorluklarının kapsamlı bir analizini sunmaktadır. Japonya, yirmi yılı aşkın bir süre boyunca ekonomisini canlandırmak için niceliksel genişlemeyi uygulamaya koydu; bu, hem kısa vadeli faydalar hem de uzun vadeli belirsizliklerle karakterize edilen benzersiz bir ekonomik manzarayla sonuçlandı. Tarihsel gelişmeleri, son ekonomik eğilimleri ve potansiyel riskleri inceleyen bu araştırma, Japonya'da para politikası ile ekonomik sonuçlar arasındaki karmaşık etkileşime ışık tutuyor. Bu akademik çalışma, hem kısa vadeli faydalara hem de uzun vadeli sonuçlara odaklanarak Japonya'daki parasal genişlemenin etkileri ve zorluklarına ilişkin kapsamlı bir analiz sunacak. Aynı zamanda son ekonomik eğilimleri ve Japon ekonomisine yönelik potansiyel riskleri de inceleyerek politika yapıcılara içgörüler ve tavsiyeler sunacak ve bu para politikasının uzun vadeli etkilerini çevreleyen belirsizlikleri de kabul edecek.

Anahtar Kelimeler

Ekonomik teşvik, Para Politikası, Niceliksel Gevşeme

Etik Beyan

Study Title: Quantitative Easing in Japan: A Longitudinal Analysis of Monetary Policy Effects and Challenges Researcher(s): Prof. Habib Badawi, Dr. Mohamad Hani and Karim Wattar. The study titled "Quantitative Easing in Japan: A Longitudinal Analysis of Monetary Policy Effects and Challenges" adhered rigorously to ethical principles. We ensured: Informed consent of all participants. Strict confidentiality and privacy measures. Compliance with relevant regulations. Data integrity and accuracy. Proper acknowledgment of all sources. Transparent reporting without bias.

Destekleyen Kurum

None

Teşekkür

I extend my heartfelt gratitude to the Izmir Journal of Economics and the esteemed academic community at Dokuz Eylul University for providing an exceptional platform for scholarly discourse and publication. The opportunity to contribute our study, "Quantitative Easing in Japan: A Longitudinal Analysis of Monetary Policy Effects and Challenges," to this esteemed journal has been invaluable. Your commitment to fostering academic excellence and facilitating the dissemination of scholarly work is commendable. We are immensely grateful for the honor of being part of this esteemed journal and the Turkish academic circle. The professionalism and dedication exhibited by your team in maintaining academic standards are truly commendable. We sincerely appreciate this collaboration and the opportunity to contribute to the academic conversation. It is our hope that this marks the beginning of a longstanding partnership. We look forward to continued cooperation and the prospect of sharing more insights and research in the future. Thank you once again for the privilege of being a part of your esteemed journal. We eagerly anticipate further collaboration and shared contributions to the academic landscape.

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