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What caused Japan’s Great Stagnation in the 1990s? Evidence from an estimated DSGE model
16 references·3 citing·34 second hop
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References

  • 1990Endogenous Technological Change17,695 cited
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  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1986Investment, Capacity Utilization and the Real Business Cycle2,127 cited
  • 2008Zombie Lending and Depressed Restructuring in Japan1,552 cited
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  • 1995Search in the labor market and the real business cycle1,174 cited
  • 1996Business Cycles and Labor-Market Search1,085 cited
  • 2008Investment Shocks and Business Cycles887 cited
  • 2005Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan822 cited
  • 2002The 1990s in Japan: A Lost Decade

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822 cited

Cited by

  • 2018Natural Rate of Interest in Japan -- Measuring its size and identifying drivers based on a DSGE model --12 cited
  • 2017Is fiscal expansion more effective in a financial crisis?9 cited
  • 2015Estimating a DSGE model for Japan in a data-rich environment9 cited