The Japanese Asset Price Bubble: Evolvement and Consequences
Additional contact information
Andre Tomfort: Professor for International Finance, Berlin School of Economics and Law Germany
Asian Journal of Economics and Empirical Research, 2017, vol. 4, issue 2, 132-141
Asset price bubbles and deep financial crises have occurred frequently during the past three decades. It began with the Japanese stock and housing market in the eighties, the technology bubble in stock markets before the millennium, and the housing bubble in the US and other countries, just to name a few. Such a degree of financial instability with extreme economic and social costs is unusual in economic history. To be able to find measures and their optimal timing to protect against these events a deeper understanding of the causes, evolvement and consequences of asset price bubbles is needed. The aim of this paper is to contribute to an improvement of that understanding by analyzing the historical case of the Japanese asset price bubble on the housing and stock market. The added value of such an analysis may come from the availability of today´s research, experiences and econometric techniques.
Keywords: Japanese asset price bubble; Historical descriptive and empirical analysis; Eclectic valuation approach. (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aoj:ajeaer:2017:p:132-141
Access Statistics for this article
Asian Journal of Economics and Empirical Research is currently edited by Sara Lim
More articles in Asian Journal of Economics and Empirical Research from Asian Online Journal Publishing Group 2885 Sanford Ave SW #43110 Grandville, MI 49418, USA.
Series data maintained by Sara Lim ().