Japanese economy / Donald W. Katzner -- The cause of Japan's recession and the lessons for the world / Richard A. Werner … -- Transnational monopoly capitalism, the J-mode firm and industrial 'hollowing out' in Japan / Keith Cowling, Philip. R. Tomlinson … for reform / Terutomo Ozawa -- Kūdōka, restructuring and possibilities for industrial policy in Japan / David Bailey …

For the mid to late 1990s and early 2000s, the basic neoclassical growth theory predicts a steady Japanese economy …, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non …-neutral technology proposed by McGrattan & Prescott (2010) to the Japanese economy, and finds that the predictions derived from the new …

The collapse of Japan's bubble economy in 1990 and the persistence of recessionary conditions in the 1990s have raised … doubts about the viability of the 'Japanese model', particularly in the West but increasingly in Japan as well. This paper … argues that Japan's economic problems - unemployment, unstable banks, underconsumption and underfunded pensions - are largely …