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...

詳細記述

書誌詳細
第一著者: Bayoumi, Tamim
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1999.
シリーズ:IMF Working Papers; Working Paper ; No. 1999/013
オンライン・アクセス:Full text available on IMF