Lessons From Japan

Papers from December 2008 conference sponsored by the Government of Japan’s Economic and Social Research Institute, Columbia Business School, and the IGM

The Japanese Asset Price Bubble: A 'Heterogeneous' Approach
By Robert Barsky

Consumption, Land, Prices and the Monetary Transmission Mechanism in Japan
By John Muellbaur and Keiko Murata

The Contribution of Bank Lending to the Long-term Stagnation in Japan
By Joe Peek

An Exploration of the Japanese Slowdown During the 1990s
By Diego Comin

Labor Immobility in Japan: Its Causes and Consequences
By Kenn Ariga and Ryosuke Okazawa

The Japanese Employment System after the Bubble Burst: New Evidence
By Ryo Kambayashi and Takao Kato

International Financial Integration and Japanese Economic Performance
By Philip R. Lane

The Japan-U.S. Exchange Rate, Productivity, and the Competitiveness of Japanese Industries
By Robert Dekle and Kyoji Fukao

Changes in Corporate Restructuring Processes in Japan, 1981-2007
By Takeo Hoshi, Satoshi Koibuchi, and Ulrike Schaede

The Yen and Japan's Economy, 1985-2007
By Maurice Obstfeld