From Bubble Economy to Yen Bubble (1988–93)

Brendan Brown

Chapter 4 in The Yo-Yo Yen, 2002, pp 116-162 from Palgrave Macmillan

Abstract: Abstract It is quite possible to tell the story of the Japanese economy’s Lost Decade (1990s) as one of high speculative drama. Indeed, when recounted with skill, speculative panics and crashes make popular history, as J.K. Galbraith (1975) and C.P. Kindleberger (1977) found out in their respective volumes ‘The Great Crash 1929’ and ‘Manias, Panics and Crashes’. Surely, as the dust settles on the Lost Decade, an exciting historical narrative in the same spirit will emerge.

Keywords: Monetary Policy; Central Bank; Equity Market; Liberal Democratic Party; European Monetary System (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-0710-3_5

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DOI: 10.1057/9781403907103_5

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