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Original Articles

The causes of the long stagnation in Japan

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Pages 113-120 | Published online: 21 Aug 2006

References

References

  • Aoki M Patrick H 1994 The Japanese Main Bank System, Oxford University Press Oxford
  • Bank of Japan 1999 Financial and Economic Statistics Monthly, Bank of Japan Tokyo
  • 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
  • Deposit Insurance Corporation of Japan 2001 Annual Report 2000 Tokyo
  • Economic and Social Research Institute 2001 Annual Report of Prefectural Accounts, Economic and Social Research Institute, Government of Japan Tokyo
  • Hayashi , F and Prescott , EC . 2002 . The 1990s in Japan: a lost decade . Review of Economic Dynamics , 5 : 206 – 35 .
  • Im KS Pesaran H Shin Y 1995 Testing for unit roots in heterogeneous panels Unpublished Manuscript
  • Levin A Lin C-F 1992 Unit root tests in panel data: asymptotic and finite-sample properties University of California San Diego Working Paper 92-23
  • Meltzer , AH . 2001 . Monetary transmission at low inflation: some clues from Japan in the 1990s . Monetary and Economic Studies, Bank of Japan , 19 : 13 – 34 .
  • Motonishi , T and Yoshikawa , H . 1999 . Causes of the long stagnation of Japan during the1990s: financial or real . Journal of the Japanese and International Economies , 13 : 181 – 200 .
  • Sims , CA . 1980 . Macroeconomics and reality . Econometrica , 48 : 1 – 48 .

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