Japan's bubble, deflation, and long-term stagnation

by Kōichi Hamada

2011 464 pages eng

Bank Geldpolitik Wirtschaftskrise Marché financier Emploi Japan, economic conditions Politique monétaire Economie Études diverses Labor market Wirtschaftsentwicklung Monetary policy Banks and banking Economic history Economic conditions

Japan's economic bubble burst in the early 1990s, and the country entered its famous "lost decade" -- a period of stagnation and economic disruption that persisted until 2003. The current declines in global equity and real estate markets have eerie parallels to Japan's economic woes of the 1990s. If…

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Japan's bubble, deflation, and long-term stagnation

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