#2815. Comment on “The Welfare Implications of Massive Money Injection: The Japanese Experience from 20XX to 20XX”

November 2026publication date
Proposal available till 30-05-2025
4 total number of authors per manuscript3000 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Political Science and International Relations;
Economics, Econometrics and Finance (all);
Management, Monitoring, Policy and Law;
Places in the authors’ list:
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Abstract:
The paper derives a money demand function that explicitly takes into account the cost of holding money. The results show that the opportunity cost of holding money, calculated using annual government bond yields, has been negative since Q4 2014 and most recently (2020: Q2) was -0.2%.
Keywords:
profitability; bonds; welfare

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