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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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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

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2008-11-01
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