| 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 |
|