Japan has suffered from sluggish economic growth and recession since the 1990s, a phenomenon dubbed "Japan's Lost … future and they have been concerned by Japan's long-term recession. This paper will address why Japan's economy has stagnated … Paul Krugman, that the Japanese economy is in a liquidity trap. We argue that Japan's economic stagnation stems from a …

Japan has suffered from sluggish economic growth and recession since the early 1990s. In this paper, we analyze the … that Japan's lost decade is an example of a liquidity trap. However, our empirical analysis shows that stagnation of the … are very much concerned about the long-term recession that Japan has experienced. This paper will address why the Japanese …

Starting from the early 1990s, GDP in Japan stagnated for about a decade while inflation has been persistently low, at … the evolution of inflation in Japan and the role of monetary and fiscal policy, a crucial question is whether the … deflationary process, a phenomenon specific only to Japan during the period under consideration, was anticipated by agents. The …