OPEN EDUCATIONAL RESOURCES

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Found 1 from your keywords: author=Kashyap, Anil K
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Japan's bubble, deflation, and long-term stagnation
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Weinstein, David E.Hamada, KoichiKashyap, Anil K

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 happe…

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9780262289467
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1 online resource (xi, 420 pages) :illustrations
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