Japan's Bubble, Deflation, and Long-Term Stagnation
Language: English
Published by Mit Pr, 2025
- Softcover
- New
Seller: Revaluation Books, Exeter, United KingdomRevaluation Books
AbeBooks seller since January 6, 2003
Condition: New
£ 69.09
Quantity: 2 available
Add to basketItem description from seller
434 pages. 9.00x6.00x9.00 inches. In Stock.
Seller Inventory # x-0262054353
- Title
- Japan's Bubble, Deflation, and Long-Term Stagnation
- Author
- Hamada, Koichi (Editor)/ Kashyap, Anil K. (Editor)/ Weinstein, David E. (Editor)/ Iwata, Kazumasa (Foreward By)
- Publisher
- Mit Pr
- Publication year
- 2025
- Condition
- Brand New
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0262054353
- ISBN 13
- 9780262054355
- Item weight
- 0.58 kilograms
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 we are to avoid repeating Japan's experience on a global scale, we must understand what happened, why it happened, and the effectiveness (or ineffectiveness) of Japan's policy choices. In this volume, prominent economists--Japan specialists and others--bring state-of-the-art models and analytic tools to bear on these questions. The essays generate new facts and new findings about Japan's lost decade. As much of the research shows, the slowdown can be broken down into two phases: a typical recession, followed by a breakdown in the economy likely due to insufficient restructuring, which is not well described by conventional models. The contributors offer forceful arguments showing that Japan's experience, and the unconventional--sometimes unsuccessful--measures adopted by Japan's government and central bank, offer valuable lessons for our post-boom world.
Contributors
Kenn Ariga, Robert Barsky, Diego Comin, Robert Dekle, Kyoji Fukao, Koichi Hamada, Takeo Hoshi, Ryo Kambayashi, Anil K Kashyap, Takao Kato, Satoshi Koibuchi, Philip R. Lane, John Muellbauer, Kiko Murata, Maurice Obstfeld, Ryosuke Okazawa, Joe Peek, Ulrike Schaede, David E. Weinstein
"Synopsis" may belong to another edition of this title.
About the Author
Anil K Kashyap is Edward Eagle Brown Professor of Economics and Finance and Richard N. Rossett Faculty Fellow at the University of Chicago Booth School of Business. He is the coauthor of Corporate Financing and Governance in Japan: The Road to the Future (MIT Press, 2001).
David E. Weinstein is Carl S. Shoup Professor of the Japanese Economy at Columbia University and the coeditor of Reviving Japan's Economy: Problems and Prescriptions (MIT Press, 2005).
"About the title" may belong to another edition of this title.
Revaluation Books
Exeter, United Kingdom
AbeBooks seller since January 6, 2003
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Edward Bowditch Ltd
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