The Morning After: Explaining the Slowdown in Japanese Growth in the 1990s
收藏NBER1999-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7350
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资源简介：
This paper uses a VAR to investigate four possible explanations of the extended slump in Japanese economic activity over the 1990s: the absence of bold and consistent fiscal stimulus; the limited room for expansionary monetary policy due to a liquidity trap; overinvestment and debt overhang; and
提供机构：
美国国家经济研究局
创建时间：
1999-09-01
