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An Exploration of the Japanese Slowdown during the 1990s

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NBER2008-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14509
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Why did the Japanese slowdown of the 90s last so long if none of the shocks that hit the Japanese economy had a comparable persistence? In this paper, I use the Comin and Gertler (2006) model of medium term fluctuations to explore whether their endogenous technology mechanisms can amplify and
提供机构:
美国国家经济研究局
创建时间:
2008-11-01
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