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Will the U.S. and Europe Avoid a Lost Decade? Lessons from Japan’s Postcrisis Experience
16 references·3 citing·41 second hop
Will the U.S. and Europe Avoid a Lost Decade? Lessons from Japan’s Postcrisis Experience (2015)Will the U.S. and Europe Avoid a Lost Dec…Who Borrows from the Lender of Last Resort? (2016)Who Borrows from the Lender o…When Credit Bites Back (2013)When Credit Bites BackThe Politics of Agriculture in Japan (2013)The Politics of Agriculture i…Measuring Economic Policy Uncertainty (2013)Measuring Economic Policy Unc…Disentangling the Channels of the 2007–09 Recession (2012)Disentangling the Channels of…Will the U.S. bank recapitalization succeed? Eight lessons from Japan (2010)Will the U.S. bank recapitali…This Time Is Different (2009)This Time Is DifferentThis Time Is Different (2009)This Time Is DifferentThe Aftermath of Financial Crises (2009)The Aftermath of Financial Cr…Zombie Lending and Depressed Restructuring in Japan (2008)Zombie Lending and Depressed …Welfare and Capitalism in Postwar Japan (2008)Welfare and Capitalism in Pos…Age in the Welfare State: The Origins of Social Spending on Pensioners, Workers, and Children (2006)Age in the Welfare State: The…Age in the Welfare State (2006)Age in the Welfare StateUnnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan (2005)Unnatural Selection: Perverse…The Japanese Banking Crisis: Where Did It Come From and How Will It End? (1999)The Japanese Banking Crisis: …Monetary and economic studies (1996)Monetary and economic studiesLender of last resort, buyer of last resort, and a fear of fire sales in the sovereign bond market* (2021)Lender of last resort, buyer …How do zombie firms affect China’s industrial upgrading? (2021)How do zombie firms affect Ch…On the optimality of bank competition policy (2017)On the optimality of bank com…Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008 (2012)The European Sovereign Debt Crisis (2012)Populism and the economics of globalization (2018)Systemic Banking Crises Database II (2020)Stabilizing an Unstable Economy (1987)Estimation and Inference of Impulse Responses by Local Projections (2005)Household Debt and Business Cycles Worldwide* (2017)SRISK: A conditional capital shortfall measure of systemic risk (2017)Local Projections and VARs Estimate the Same Impulse Responses (2021)Irreversibility, Uncertainty, and Cyclical Investment (1980)Investment Under Uncertainty. (1994)The Impact of Uncertainty Shocks (2009)Economic policy uncertainty and firm-level investment (2013)The Asset Redeployability Channel: How Uncertainty Affects Corporate Investment (2016)The Price of Political Uncertainty: Theory and Evidence from the Option Market (2016)Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series (1999)Macroeconomic Forecasting Using Diffusion Indexes (2002)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)Policy Uncertainty and Corporate Investment (2015)Measuring Economic Policy Uncertainty* (2016)The role of banks in reducing the costs of financial distress in Japan (1990)Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups (1991)Collateral Damage: Effects of the Japanese Bank Crisis on Real Activity in the United States (2000)The “greatest” carry trade ever? Understanding eurozone bank risks (2014)Whatever It Takes: The Real Effects of Unconventional Monetary Policy (2017)Credit Allocation Under Economic Stimulus: Evidence from China (2019)Growth in a Time of Debt (2010)From Financial Crash to Debt Crisis (2011)The impact of high government debt on economic growth and its channels: An empirical investigation for the euro area (2012)Macroprudential Policy, Countercyclical Bank Capital Buffers, and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments (2017)Asset specificity, institutional complementarities and the variety of skill regimes in coordinated market economies (2009)Thematic Review: Welfare regime debate: past, present, futures? (2011)Review Article: Rethinking Party Politics and the Welfare State – Recent Advances in the Literature (2012)Prudential Regulation for Banks (1995)The Missing Motivation in Macroeconomics (2007)Financial Stability, the Trilemma, and International Reserves (2010)The financial cycle and macroeconomics: What have we learnt? (2013)The Causes and Costs of Misallocation (2017)Macroeconomic and bank-specific determinants of non-performing loans in Greece: A comparative study of mortgage, business and consumer loan portfolios (2011)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)
this work references cited by second hop

References

  • 2009This Time Is Different3,448 cited
  • 2009This Time Is Different2,361 cited
  • 2008Zombie Lending and Depressed Restructuring in Japan1,552 cited
  • 2009The Aftermath of Financial Crises1,509 cited
  • 2013When Credit Bites Back875 cited
  • 2013Measuring Economic Policy Uncertainty858 cited
  • 2012Disentangling the Channels of the 2007–09 Recession838 cited
  • 2005Unnatural Selection: Perverse Incentives and the Misallocation of Credit in Japan822 cited
  • 1996Monetary and economic studies364 cited
  • 2008Welfare and Capitalism in Postwar Japan321 cited
  • 2010Will the U.S. bank recapitalization succeed? Eight lessons from Japan278 cited
  • 2016Who Borrows from the Lender of Last Resort?255 cited
  • 2006Age in the Welfare State242 cited
  • 1999The Japanese Banking Crisis: Where Did It Come From and How Will It End?226 cited
  • 2013The Politics of Agriculture in Japan193 cited
  • 2006Age in the Welfare State: The Origins of Social Spending on Pensioners, Workers, and Children177 cited

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Cited by

  • 2021How do zombie firms affect China’s industrial upgrading?73 cited
  • 2021Lender of last resort, buyer of last resort, and a fear of fire sales in the sovereign bond market*28 cited
  • 2017On the optimality of bank competition policy25 cited