Yoshino, Naoyuki (ed.); Taghizadeh-Hesary, Farhad (ed.) - 2017
other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the … 1990s. Its empirical analysis challenges the beliefs of some economists, such as Paul Krugman, that the Japanese economy is …) curve rather than a liquidity trap. The impact of fiscal policy has declined drastically, and the Japanese economy faces …