Quantitative Easing Proven Effective in US and Japan Economic Recovery
Quantitative easing is a policy used during economic downturns. This study compares how it affected the US and Japan. By looking at historical data, the researchers found that past quantitative easing helped both countries recover quickly. The decision-making process and implementation of the policy were similar in both places. This suggests that quantitative easing has a similar impact on the economies of the US and Japan. Other countries can consider this when making economic decisions in the future.