Japan's Great Stagnation: Financial and Monetary Policy Lessons for Advanced Economies

Japan's Great Stagnation: Financial and Monetary Policy Lessons for Advanced Economies

by Michael M. Hutchison
     
 

Experts on the Japanese economy examine Japan's prolonged period of economic underperformance, analyzing the ways in which the financial system, monetary policy, and international financial factors contributed to its onset and duration.See more details below

Overview

Experts on the Japanese economy examine Japan's prolonged period of economic underperformance, analyzing the ways in which the financial system, monetary policy, and international financial factors contributed to its onset and duration.

Product Details

ISBN-13:
9780262083478
Publisher:
MIT Press
Publication date:
06/16/2006
Series:
CESifo Seminar Series
Edition description:
New Edition
Pages:
290
Product dimensions:
6.00(w) x 9.00(h) x 0.75(d)
Age Range:
18 Years

Table of Contents

1The great Japanese stagnation : lessons for industrial countries1
2Bank fragility in Japan33
3Deposit insurance, regulatory forbearance, and economic growth : implications for the Japanese banking crisis61
4Determinants of voluntary bank disclosure : evidence from Japanese Shinkin banks103
5Secondary bank lending in Japan129
6Monetary policy in the great stagnation157
7The policy duration effect and zero interest rates : an application of wavelet analysis183
8Exchange rate pass-through in deflationary Japan : how effective is the yen's depreciation for fighting deflation?211
9Japan's imbalance of payments239

Read More

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >