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Great Inflation and Central Bank Independence in Japan

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NBER2010-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15726
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Japan suffered a very high inflation rate in 1973-74. The CPI inflation rate rose to near 30% in 1974, the highest rate in the postwar Japanese history after the chaotic hyperinflation following the end of the Second World War. Traditionally, the oil crisis is blamed for the 1973-74 high inflation.
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2010-02-01
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