Financial Management White Papers
Lost Decade in Translation: Did the US Learn From Japan's Post-Bubble Mistakes?
Overview This paper looks closely at the similarities and differences between the ends of the two economy booms, Japan's in 1991 and the US' in 2000. In 1991, the Japanese economy ended a historic expansion and entered a period of stagnation that has yet to abate. Nine years later, the US economy ended a similarly historic expansion. There were many similarities in the two countries' expansions: asset price bubbles, a real investment boom, easy monetary policy, and improvements in government finances.
| Publisher | National Bureau Of Economic Research | File Format | PDF, requires Acrobat Rdr 5 |
|---|---|---|---|
| Date Published | November 2004 | ||
| Format | White Papers | ||
| Topics | |||
-
Did you find this white paper useful?
White Paper RSS
Download
Register
