The causes of the long stagnation in Japan

Applied Financial Economics

Volumn 14, Issue 2, 2004, Pages 113-120

  Miyakoshi, Tatsuyoshi ^a   Tsukuda, Yoshihiko ^b  

^a UNIVERSITY OF TSUKUBA   (Japan)

^b TOHOKU UNIVERSITY   (Japan)

Author keywords

[No Author keywords available]

Indexed keywords

BANKING; GRANGER CAUSALITY TEST; LENDING BEHAVIOR; NATIONAL ECONOMY;

ASIA; EURASIA; FAR EAST; JAPAN;

EID: 1242265775     PISSN: 09603107     EISSN: None     Source Type: Journal    
DOI: 10.1080/0960310042000176380     Document Type: Article

References (11)

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3. The Council on Economic and Fiscal Policy (2001) Structural Reform of the Japanese Economy: Basic Policies for Macroeconomic Management, Report by the Council on Economic and Fiscal Policy, Tokyo.
4. Deposit Insurance Corporation of Japan (2001) Annual Report 2000, Tokyo.
5. Economic and Social Research Institute (2001) Annual Report of Prefectural Accounts, Economic and Social Research Institute, Government of Japan, Tokyo.
6. Hayashi, F. and Prescott, E. C. (2002) The 1990s in Japan: a lost decade, Review of Economic Dynamics, 5, 206-35.
7. Im, K. S., Pesaran, H. and Shin, Y. (1995) Testing for unit roots in heterogeneous panels, Unpublished Manuscript.
8. Levin, A. and Lin, C.-F. (1992) Unit root tests in panel data: asymptotic and finite-sample properties, University of California, San Diego, Working Paper 92-23.
9. Meltzer, A. H. (2001) Monetary transmission at low inflation: some clues from Japan in the 1990s, Monetary and Economic Studies (Bank of Japan), 19, 13-34.
10. Motonishi, T. and Yoshikawa, H. (1999) Causes of the long stagnation of Japan during the 1990s: financial or real, Journal of the Japanese and International Economies, 13, 181-200.
11. Sims, C. A. (1980) Macroeconomics and reality, Econometrica, 48, 1-48.