Japan's Bubble, Deflation, and Long-Term Stagnation

by Kazumasa Iwata, David E. Weinstein, Anil K. Kashyap, et al.

New perspectives on Japan's "lost decade" viewed in the context of recent financial turmoil.

Japan's economic bubble burst in the early 1990s, and the country entered its famous "lost decade"--a period of stagnation and economic disruption that persisted until 2003. The current declines in global equity and real estate markets have eerie parallels to Japan's economic woes of the 1990s. If we are to avoid repeating Japan's experience...

• Format: Hardcover
• Language: English
• ISBN: 0262014890
• ISBN13: 9780262014892
• Release Date: January 2010
• Publisher: MIT Press
• Length: 420 Pages
• Weight: 1.60 lbs.
• Dimensions: 1.0" x 6.4" x 9.1"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher