4 edition of Causes of Japans lost decade found in the catalog.
March 2006.Includes bibliographical references (p. 26-32).Also available in PDF from the NBER world wide web site (www.nber.org).
|Statement||National Bureau of Economic Research|
|Publishers||National Bureau of Economic Research|
|The Physical Object|
|Pagination||xvi, 87 p. :|
|Number of Pages||42|
|2||Working paper series (National Bureau of Economic Research) -- working paper no. 12142.|
|3||NBER working paper series -- no. 12142.|
nodata File Size: 6MB.
The financial institutions were bailed out through capital infusions from the government, loans and cheap credit from the central bank, and the ability to postpone the recognition of losses, ultimately turning them into zombie banks.
At present, the only pattern seems to be re-employment after retirement for uniformly low salaries. From an economic point of view, this situation will lead to a smaller labor forces and less saving.
The bubble economy also resulted from surplus savings. Another subject is corporate networks and technical transfers. Large companies losing only five years -- What was behind sluggish TFP growth in Japan in the 1990s and thereafter?
By October 1990, the Nikkei had fallen to nearly 20,000 yen. In this paper, I analyze the causes of the prolonged slowdown of the Japanese economy in the 1990s and find that the stagnation of investment, especially private fixed investment, was the primary culprit.
recovery has been tepid despite a number of extraordinary macroeconomic policies at least in the traditional sense. The Japanese economy is bottoming out from the current recession. We used the Japan Industrial Productivity Database JIP and EU KLEMS database in addition to firm-level micro data of the Ministry of Economy, Trade and Industry METIbecause labor productivity, which plays an important role in economic growth, causes of Japans lost decade across industries and also varies in the same industry in different countries.
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If the answer is no, here is everything you need to know about the 'lost decade' in Japan. Major works: Productivity and Japan's Economic Growth: Industry-Level and Firm-Level Studies Based on the JIP Database co-editor: T.
EU KLEMS uses JIP data relating to the Japanese economy, after adjusting JIP data so that international comparisons can be made.
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Legacy [ ] After the of 2007—2009, many governments and commentators have referenced the Lost Decades as a distinct economic possibility for stagnating.