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Who is afraid of a Japanese decade? CEPS Commentary, 19 January 2011

Gros, Daniel. (2010) Who is afraid of a Japanese decade? CEPS Commentary, 19 January 2011. [Policy Paper]

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    Abstract

    For the second time in a decade, central banks around the world have responded to the collapse of an asset bubble by moving aggressively to ease monetary policy, a tactic explicitly justified by the need to avoid a Japanese-style 'lost decade'. The problem, however; as argued in this Commentary, is that Japan never lost a decade…

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > monetary policy
    Countries > Japan
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on and consequences/reforms
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 19 Jan 2011
    Page Range: p. 2
    Last Modified: 15 Feb 2011 18:41
    URI: http://aei.pitt.edu/id/eprint/15473

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