03271nam 2200697 a 450 991080895640332120230711111605.01-119-19961-11-118-17918-81-283-40152-597866134015261-118-17916-1(CKB)2550000000073782(EBL)822433(OCoLC)768732288(SSID)ssj0000636571(PQKBManifestationID)11386832(PQKBTitleCode)TC0000636571(PQKBWorkID)10662133(PQKB)10087534(SSID)ssj0001482105(PQKBManifestationID)12613677(PQKBTitleCode)TC0001482105(PQKBWorkID)11508540(PQKB)11357450(MiAaPQ)EBC822433(Au-PeEL)EBL822433(CaPaEBR)ebr10518673(CaONFJC)MIL340152(EXLCZ)99255000000007378220120114d2009 uy 0engur|n|---|||||txtccrThe Holy Grail of macroeconomics lessons from Japan's great recession /Richard C. KooRev. and updated ed.Singapore Wiley20091 online resource (357 p.)Description based upon print version of record.0-470-82387-9 0-470-82494-8 Includes bibliographical references and index.The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession; Contents; Acknowledgments; Preface; Chapter 1: Japan's Recession; Chapter 2: Characteristics of Balance Sheet Recessions; Chapter 3: The Great Depression was a Balance Sheet Recession; Chapter 4: Monetary, Foreign Exchange, and Fiscal Policy During a Balance Sheet Recession; Chapter 5: Yin and Yang Economic Cycles and the Holy Grail of Macroeconomics; Chapter 6: Pressure of Globalization; Chapter 7: Ongoing Bubbles and Balance Sheet Recessions; Chapter 8: World in Balance Sheet RecessionAppendix: Thoughts on Walras and MacroeconomicsReferences and Bibliography; IndexThe revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretical thinking about its causes and cures. It has a detailed explanation on what happened to Japan, but the discoveries made are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macroeconomic spectrum of possibilities that conventional theMacroeconomicsJapanEconomic conditions1989-United StatesEconomic conditions1981-2001United StatesEconomic conditions2001-2009Macroeconomics.339.0952Koo Richard793551MiAaPQMiAaPQMiAaPQBOOK9910808956403321The Holy Grail of macroeconomics4059973UNINA