Saxonhouse, Gary R.; Stern, Robert M. - 2003
In this overview of the Symposium papers, we note that the bubble that occurred in Japan's asset markets in the late … 1980s came at a time when the conventional indicators of Japan's economic performance were relatively stable. Following the … collapse of the bubble, neither the Bank of Japan (BOJ) nor the Ministry of Finance (MOF) took timely and effective measures to …
