The Morning After : Explaining the Slowdown in Japanese Growth in the 1990's /

This paper uses vector autoregressions (VARs) to investigate four explanations of the extended slump in Japanese economic activity during the 1990s: the absence of bold and consistent fiscal stimulus; limited room for expansionary monetary policy because of a liquidity trap; asset price deflation re...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Bayoumi, Tamim
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1999.
Sraith:IMF Working Papers; Working Paper ; No. 1999/013
Rochtain ar líne:Full text available on IMF