MARC Record from harvard_bibliographic_metadata

LEADER: 03918cam a2200457 a 4500
001 012791665-2
005 20110603224517.0
008 100419s2011 maua b 001 0 eng
010 $a 2010015783
015 $aGBB098152$2bnb
016 7 $a015629407$2Uk
020 $a9780262014892 (hardcover : alk. paper)
020 $a0262014890 (hardcover : alk. paper)
035 0 $aocn608297675
035 $a(PromptCat)40018848439
040 $aDLC$cDLC$dYDX$dYDXCP$dUKM$dCDX$dBWX$dCHRRO
043 $aa-ja---
050 00 $aHC462.95$b.J36875 2011
072 7 $as1se$2rero
082 00 $a330.952$222
245 00 $aJapan's bubble, deflation, and long-term stagnation /$cedited by Koichi Hamada, Anil K Kashyap, and David E. Weinstein.
260 $aCambridge, Mass. :$bMIT Press,$cc2011.
300 $axi, 420 p. :$bill. ;$c24 cm.
504 $aIncludes bibliographical references and index.
505 0 $aIntroduction / Koichi Hamada, Anil K Kashyap, and David E. Weinstein -- The Japanese asset price bubble : a heterogeneous approach / Robert Barsky -- Time of troubles : the yen and Japan's economy, 1985-2008 / Maurice Obstfeld -- The Japan-US exchange rate, productivity, and the competitiveness of Japanese industries / Robert Dekle and Kyoji Fukao, with the assistance of Murat Ungor -- International financial integration and Japanese economic performance / Philip R. Lane -- Consumption, land prices, and the monetary transmission mechanism in Japan / John Muellbauer and Keiko Murata -- The Japanese employment system after the bubble burst : new evidence / Ryo Kambayashi and Takao Kato -- Labor immobility in Japan : its causes and consequences / Kenn Ariga and Ryosuke Okazawa -- The changing role of main banks in aiding distressed firms in Japan / Joe Peek -- Corporate restructuring in Japan during the lost decade / Takeo Hoshi, Satoshi Koibuchi, and Ulrike Schaede -- An exploration of Japan's slowdown during the 1990s / Diego Comin.
520 $aJapan'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. - Publisher.
651 0 $aJapan$xEconomic conditions$y1989-
650 0 $aMonetary policy$zJapan.
650 0 $aBanks and banking$zJapan.
650 0 $aLabor market$zJapan.
650 7 $aéconomie$zJapon$y20e s. (fin)$x21e s. (début)$vétudes diverses.$2rero
650 7 $apolitique monétaire$zJapon$y20e s. (fin)$x21e s. (début)$vétudes diverses.$2rero
650 7 $aemploi$zJapon$y20e s. (fin)$x21e s. (début)$vétudes diverses.$2rero
650 7 $abanque$xmarché financier$zJapon$y20e s. (fin)$x21e s. (début)$vétudes diverses.$2rero
700 1 $aHamada, Kōichi,$d1936-
700 1 $aKashyap, A. K.
700 1 $aWeinstein, David E.
776 1 $cElectronic resource$z9780262290210
899 $a415_565032
988 $a20110603
906 $0DLC