Some lessons from the Japanese bubble

dc.creator	Siebert, Horst
dc.date	1999
dc.date.accessioned	2013-10-16T06:01:41Z
dc.date.available	2013-10-16T06:01:41Z
dc.date.issued	2013-10-16
dc.identifier	http://hdl.handle.net/10419/2247
dc.identifier	ppn:268909717
dc.identifier	ppn:268909717
dc.identifier.uri	http://koha.mediu.edu.my:8181/xmlui/handle/10419/2247
dc.description	In the second part of the 80s, Japan was under political pressure to expand aggregate demand. It followed suit in increasing its money supply. This caused severe inflation and the financial bubble which collapsed in 1990 resulting in capital losses and in a sizable loss of GDP. This paper draws some lessons from the Japanese experience. The bottom line is that Japan became the victim of a misleading concept of global demand management.
dc.language	eng
dc.publisher	Kiel Institute for the World Economy (IfW) Kiel
dc.relation	Kiel Working Papers 919
dc.rights	http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject	E50
dc.subject	E50
dc.subject	ddc:330
dc.subject	Globalsteuerung
dc.subject	Geldpolitik
dc.subject	Bubbles
dc.subject	Wirtschaftskrise
dc.subject	Globalsteuerung
dc.subject	Japan
dc.title	Some lessons from the Japanese bubble
dc.type	doc-type:workingPaper

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