TY  - BOOK
AU  - Hamada, Koichi
TI  - Japan's bubble, deflation, and long-term stagnation
SN  - 9780262014892
U1  - 330.952 
PY  - 2011///
CY  - London
PB  - The MIT Press
KW  - Banks and banking - Japan
KW  - Japan - Economic conditions - 1989
KW  - Labor market - Japan
KW  - Monetary policy - Japan
N2  - 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. (http://mitpress.mit.edu/catalog/item/default.asp?ttype=2&tid=12311)
ER  -