||0 of 1 people found the following review helpful.| Typical Useless Scholars' Research|By Kun Li (Lincoln)|A typical useless scholars' book which enable them to publish their articles. The reason why I dislike scholars' methods of analysis is that they tend to use models ,which should only apply to some economies, to transferring countries and ignore the background and development trajectory. Japan was in a transition of open b|About the Author||Anil K Kashyap is Edward Eagle Brown Professor of Economics and Finance and Richard N. Rossett Faculty Fellow at the University of Chicago Booth School of Business. He is the coauthor of Corporate Financing and Governance in Japan: The Road to
Japan's economic bubble burst in the early 1990s, and the country entered its famous "lost decade"--a period of stagnation and economic disruption that persisted until 2003. The current declines in global equity and real estate markets have eerie parallels to Japan's economic woes of the 1990s. If we are to avoid repeating Japan's experience on a global scale, we must understand what happened, why it happened, and the effectiveness (or ineffectiveness) of Japan's p... [PDF.xt07] Japan's Bubble, Deflation, and Long-term Stagnation (MIT Press) Rating: 3.80 (440 Votes)
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