Book notes: The Japanese central banking system compared with its European and American counterparts, by Yoshiharu Oritani
Book has “no equal” in reviewing new microeconomic theory for central banking
Yoshiharu Oritani, The Japanese central banking system compared with its European and American counterparts: a new institutional economics approach, Springer, 2019, 352 pages
This book has no equal in comprehensively reviewing the implications of new microeconomic theory for central banking. In his foreword, former Bank of Japan governor Masaaki Shirakawa identifies three dimensions of the widening “perception gap between the central bank as I understand it and as it is presented in books”
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