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Financial crisis and long-term stagnation in Japan : fiscal consolidation under deflationary pressures (English)

Abstract

After the booming bubble economy of 1980s, the Japanese economy has been stagnant since early 1990. Beside the crush of the real estate bubble in the first half of 1990s, Japan faced three successive negative shocks: sharp appreciation of the yen in ...  See More +

Details

  • Fukao, Mitsuhiro;
  • 2010/12/08
  • Working Paper;
  • 70545
  • 1
  • 1
  • Japan
  • East Asia and Pacific
  • 2012/06/28
  • Disclosed
  • Financial crisis and long-term stagnation in Japan : fiscal consolidation under deflationary pressures
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