The bubble burst and stagnation of Japan

Authored by: Etsuro Shioji

Routledge Handbook of Major Events in Economic History

Print publication date:  January  2013
Online publication date:  February  2013

Print ISBN: 9780415677035
eBook ISBN: 9780203067871
Adobe ISBN: 9781135080808


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This chapter reviews the collapse of asset price bubbles in Japan in the early 1990s and its long lasting consequences. 1 Particular attention is paid to the way these experiences have shaped debates among economists on the causes of the stagnation.

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