Macroeconomic Adjustment to the Lehman Shock in Japan

Macroeconomic Adjustment to the Lehman Shock in Japan

In this paper we overview the macroeconomic adjustment to the Lehman shock in Japan. After retrospecting the Japanese economy since the Plaza Accord which led Japan to the bubble economy and the 'lost decade' we explain the business cycles in Japan and show related macroeconomic indicators...

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Bibliographic Details
Main Authors: Kazumi Asako, Katsuaki Ochiai
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2010-06-01
Series:East Asian Economic Review
Subjects:
Japanese Economy
Lehman Shock
Global Economic crisis
Macroeconomic indicators
Business Cycle
Inventory Cycle
V-shaped Rebound
Expectation Formation
Online Access:http://dx.doi.org/10.11644/KIEP.JEAI.2010.14.1.208

Internet

http://dx.doi.org/10.11644/KIEP.JEAI.2010.14.1.208

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