{"created":"2023-06-20T15:23:35.951599+00:00","id":1285,"links":{},"metadata":{"_buckets":{"deposit":"d8acac87-920e-4697-bf6c-260826b3e031"},"_deposit":{"created_by":10,"id":"1285","owners":[10],"pid":{"revision_id":0,"type":"depid","value":"1285"},"status":"published"},"_oai":{"id":"oai:kyotogakuen.repo.nii.ac.jp:00001285","sets":["96:186"]},"author_link":["904","933","934","902"],"item_2_biblio_info_12":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2013-03","bibliographicIssueDateType":"Issued"},"bibliographicIssueNumber":"2","bibliographicPageEnd":"68","bibliographicPageStart":"57","bibliographicVolumeNumber":"22","bibliographic_titles":[{}]}]},"item_2_description_11":{"attribute_name":"抄録(英)","attribute_value_mlt":[{"subitem_description":"In 2001, the Bank of Japan (BOJ) adopted ”quantitative monetary easing”. Since short term interest rates became almost zero, the operating target of monetary policy was changed from interest rate to ”Reserve at the BOJ”. Honda et al [1] showed that the reserve at the BOJ in (2001,2006) is effective to the economy through a transmission path in a stock market, where impulse responses in VAR model are used in monthly data of Japan. Decomposing money into transaction demand and precautionaryone and estimating precautionary one, Morita and Miyagawa [2] tried to show that increasing reserve at the BOJ makes GDP increased through the stock market in quarterly data.\nIn this paper, the method of estimating precautionary demand in Japan [2] is extensivelyimproved and applied to the case of USA. Using precautionary demand estimatedin the whole interval (1980m01, 2012m02), the quantitative easing at FRB isshown to be effective during the period (2006m06, 2010m02).","subitem_description_type":"Other"}]},"item_2_source_id_1":{"attribute_name":"雑誌書誌ID","attribute_value_mlt":[{"subitem_source_identifier":"AN10373395","subitem_source_identifier_type":"NCID"}]},"item_2_text_7":{"attribute_name":"著者所属(英)","attribute_value_mlt":[{"subitem_text_language":"en","subitem_text_value":"Department of Economics, Kyoto Gakuen University "},{"subitem_text_language":"en","subitem_text_value":"Department of Economics, Kyoto Gakuen University "}]},"item_access_right":{"attribute_name":"アクセス権","attribute_value_mlt":[{"subitem_access_right":"metadata only access","subitem_access_right_uri":"http://purl.org/coar/access_right/c_14cb"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"森田, 洋二"},{"creatorName":"モリタ, ヨウジ","creatorNameLang":"ja-Kana"}],"nameIdentifiers":[{"nameIdentifier":"902","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"宮川, 重義"},{"creatorName":"ミヤガワ, シゲヨシ","creatorNameLang":"ja-Kana"}],"nameIdentifiers":[{"nameIdentifier":"933","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Morita, Yoji","creatorNameLang":"en"}],"nameIdentifiers":[{"nameIdentifier":"904","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Miyagawa, Shigeyoshi","creatorNameLang":"en"}],"nameIdentifiers":[{"nameIdentifier":"934","nameIdentifierScheme":"WEKO"}]}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"estimation of precautionary demand","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"cointegration","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"QE1","subitem_subject_language":"en","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"jpn"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"departmental bulletin paper","resourceuri":"http://purl.org/coar/resource_type/c_6501"}]},"item_title":"Effect of Quantitative Easing in USA through Estimation of Precautionary Demand","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"Effect of Quantitative Easing in USA through Estimation of Precautionary Demand","subitem_title_language":"en"}]},"item_type_id":"2","owner":"10","path":["186"],"pubdate":{"attribute_name":"公開日","attribute_value":"2018-06-12"},"publish_date":"2018-06-12","publish_status":"0","recid":"1285","relation_version_is_last":true,"title":["Effect of Quantitative Easing in USA through Estimation of Precautionary Demand"],"weko_creator_id":"10","weko_shared_id":-1},"updated":"2023-06-20T15:35:57.924171+00:00"}