Japan's Stagnant Nineties : A Vector Autoregression Retrospective /

This paper uses a vector autoregression (VAR) approach to identify the driving forces of the growth slowdown in Japan during the 1990s. Negative shocks to both residential and nonresidential investment are shown to have been important determinants of the slowdown. Despite the collapse in asset price...

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Detalhes bibliográficos
Autor principal: Rendu, Christel
Outros Autores: Ramaswamy, Ramana
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1999.
coleção:IMF Working Papers; Working Paper ; No. 1999/045
Acesso em linha:Full text available on IMF