Institute for Monetary and Economic Studies (IMES) was founded in October 1982 as an internal organ of the Bank of Japan. IMES conducts a wide range of studies on the theoretical, institutional, and historical aspects of monetary and economic issues with the aim of establishing an appropriate background for monetary policy.
It functions as an important vehicle for the exchange of views with academic circles at home and abroad, and collects and provides the public with monetary and economic research. IMES has also tried to create both an atmosphere of enthusiasm for research and an environment conducive to informal discussions of prominent economic policy issues.