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Sinopsis
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Reseña del editor
New perspectives on Japan's "lost decade" viewed in the context of recent financial turmoil. 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
Biografía del autor
Koichi Hamada is Tuntex Professor of Economics at Yale University and the auhor of The Political Economy of International Monetary Interdependence (MIT Press, 1985). 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). Koichi Hamada is Tuntex Professor of Economics at Yale University and the auhor of The Political Economy of International Monetary Interdependence (MIT Press, 1985). 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). Maurice Obstfeld is Class of 1958 Professor of Economics at the University of California, Berkeley. Takeo Hoshi is Professor of Economics in the Graduate School of International Relations and Pacific Studies at the University of California, San Diego.
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- EditorialMIT Press
- Año de publicación2010
- ISBN 10 0262014890
- ISBN 13 9780262014892
- EncuadernaciónTapa dura
- IdiomaInglés
- Número de páginas440
- EditorHamada Koichi, Kashyap Anil K, Weinstein David E.
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Japan's bubble, deflation and long-term stagnation
Publicado por
The MIT Press, Cambridge (Mass), 2011
ISBN 10: 0262014890
ISBN 13: 9780262014892
Nuevo
Tapa dura
Librería: MARCIAL PONS LIBRERO, MADRID, España
Calificación del vendedor: 4 de 5 estrellas
TAPA DURA. Condición: New. Nº de ref. del artículo: 100884149
Cantidad disponible: 1 disponibles
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Japan's Bubble, Deflation, and Long-term Stagnation (The MIT Press)
Publicado por
The MIT Press, 2010
ISBN 10: 0262014890
ISBN 13: 9780262014892
Antiguo o usado
Tapa dura
Librería: BOOK2BUY, Lynbrook, NY, Estados Unidos de America
Calificación del vendedor: 5 de 5 estrellas
Hardcover. Condición: Good. Estado de la sobrecubierta: Good. Hardcover - clean, no marks, clean inside, clean dj - from a private collection. Nº de ref. del artículo: 39436.240704
Cantidad disponible: 1 disponibles