Perspectives for CESEE Countries
Edited by Ewald Nowotny, Doris Ritzberger-Grünwald and Helene Schuberth
Chapter 5: Fighting balance sheet recessions: a Japanese lesson for the euro zone
5. Fighting balance sheet recessions: a Japanese lesson for the euro zone Richard C. Koo After the years of economic stagnation since 2008 and an alarming fall in inflation rates, some European policy-makers are beginning to pay attention to Jap...
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