Macroeconomics-UniversityofOxford.pptVIP

The Japanese Experience;the Japanese Economy;investment backlogs and reconstruction;long-run Japanese performance;Japanese industrial performance;accounting for Japanese growth;OECD macroeconomic performance;what happened to economic growth?;three major interpretations;1980s economic shocks;reverse shocks in 1990s;fixed investment as % share GDP;Yen-Dollar Exchange Rate;Japanese Official Discount Rate;more shocks in the 1990s;but is this really a recession?;what should be done?;;;what about monetary policy?;the credit channel;recent policy measures;summary;oecd forecasts;what next?;syndicate