The Holy Grail of Macroeconomics : Lessons from Japans Great Recession.
The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretic...
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Main Authors: | |
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Corporate Authors: | |
Published: |
John Wiley & Sons,
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Publisher Address: | Hoboken : |
Publication Dates: | 2011. |
Literature type: | eBook |
Language: | English |
Subjects: | |
Online Access: |
http://onlinelibrary.wiley.com/book/10.1002/9781119199618 |
Summary: |
The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretical thinking about its causes and cures. It has a detailed explanation on what happened to Japan, but the discoveries made are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macroeconomic spectrum of possibilities that conventional the |
Carrier Form: | 1 online resource (357 pages) |
ISBN: |
9781118179161 1118179161 9781118179185 1118179188 9781119199618 1119199611 |
Index Number: | HC462 |
CLC: | F015 |
Contents: |
The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession; Contents; Acknowledgments; Preface; Chapter 1: Japan's Recession; Chapter 2: Characteristics of Balance Sheet Recessions; Chapter 3: The Great Depression was a Balance Sheet Recession; Chapter 4: Monetary, Foreign Exchange, and Fiscal Policy During a Balance Sheet Recession; Chapter 5: Yin and Yang Economic Cycles and the Holy Grail of Macroeconomics; Chapter 6: Pressure of Globalization; Chapter 7: Ongoing Bubbles and Balance Sheet Recessions; Chapter 8: World in Balance Sheet Recession. Appendix: Thoughts on Walras and MacroeconomicsReferences and Bibliography; Index. |