Income distribution and economic growth of Japan under the deflationary economy : theory and evidence based on an econometric analysis /
Osamu Nakamura
- New Jersey : World Scientific, 2013
- xvii, 251p. 23cm.
This book attempts to examine the causes of the Japanese deflationary economy, characterized as a structural deflation and discusses how to alleviate the prolonged slowdown in order to restore Japan to a trajectory of high economic growth, with a special focus on the function of income distribution.