BibTeX
@MISC{Comin08anexploration,
author = {Diego Comin and Diego Comin},
title = {An Exploration of the Japanese Slowdown during the},
year = {2008}
}
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Abstract
Two striking aspects of the Japanese stagnation of the 1990s are its severity and especially its persistence. Over the 1983-1991 period, TFP grew at a more than respectable rate of 2.4 percent. It fell to an average of 0.2 percent for 1991-2000. We know from Cogley and Nason (1995) that the persistence in real business cycles models comes from the
