- 1、本文档共20页,可阅读全部内容。
- 2、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。
- 3、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
- 5、该文档为VIP文档,如果想要下载,成为VIP会员后,下载免费。
- 6、成为VIP后,下载本文档将扣除1次下载权益。下载后,不支持退款、换文档。如有疑问请联系我们。
- 7、成为VIP后,您将拥有八大权益,权益包括:VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
- 8、VIP文档为合作方或网友上传,每下载1次, 网站将根据用户上传文档的质量评分、类型等,对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档
查看更多
J. Japanese Int. Economies 23 (2009) 200–219
Contents lists available at ScienceDirect
Journal of The Japanese and
International Economies
/locate/jjie
Monetary and international factors behind Japan’s lost
decade ✩
Koichi Hamada a , Yasushi Okada b,∗
a Yale University, USA
b The Economic and Social Research Institute, Cabinet Office of Japan, Japan
a r t i c l e i n f o a b s t r a c t
Article history: Hamada, Koichi, and Okada, Yasushi—Monetary and international
Received 5 February 2008 factors behind Japan’s lost decade
Revised 12 January 2009
Available online 14 February 2009 Most studies on Japan’s “lost decade” have been broadly focused
on its real and domestic aspects, such as total factory productiv-
JEL classification: ity (TPF), growth decline, non-performing loans, and governance.
E31
This paper shows that monetary and international factors played
E32
as an equally important role as those non-monetary and domestic
F31
F33 factors in generating the prolonged Japan’s stagnation. The Plaza
F41 Accord in 1985 managed to alter the major exchange rates mainly
F42 by verbal promises combined with coordinated monetary policies,
您可能关注的文档
- MINISTRY OF ENVIRONMENTAL AND strongNATUREstrong PROTECTION EU NATURA.pdf
- Minsky’s Approach to Employment Policy and Poverty Employer.pdf
- Miraftab, F. 2004. “Neoliberalism and Casualization of strongPublicstrong.pdf
- Miren Lafourcade and Giordano Mion strongConcentrationstrong,.pdf
- Mirtazapine versus fluoxetine in the strongtreatmentstrong of panic.pdf
- Misallocation and the recovery of manufacturing TFP after a.pdf
- Missing Market in Labor Quality The Role of Quality Markets.pdf
- Missing point estimation in models described by proper.pdf
- Mission or money Competitive challenges facing strongpublic sectorstrong.pdf
- Mississippi River water in the Florida Straits and in the Gulf.pdf
文档评论(0)