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Japanese Firms During the Lost Two Decades
Jun-Ichi Nakamura
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Description for Japanese Firms During the Lost Two Decades
Paperback. Series: SpringerBriefs in Economics. Num Pages: 81 pages, 14 colour illustrations, 13 colour tables, biography. BIC Classification: 1FPJ; KFF; KJR. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 4. Weight in Grams: 145.
Why has Japan's lost decade become the lost two decades? This book attempts to provide a novel perspective on causes of stagnant productivity growth of the Japanese corporate sector during the lost two decades. Exploiting the corporate financial dataset compiled by the Development Bank of Japan, it shows empirical evidence that an excessive conservative financial policy of firms in good standing were responsible for sluggish reallocation of productive resources after the recovery of “zombie” firms. The questions taken up in the book include: How can “zombie” firms be properly identified only on the basis of financial data? Why did a ... Read more
Why has Japan's lost decade become the lost two decades? This book attempts to provide a novel perspective on causes of stagnant productivity growth of the Japanese corporate sector during the lost two decades. Exploiting the corporate financial dataset compiled by the Development Bank of Japan, it shows empirical evidence that an excessive conservative financial policy of firms in good standing were responsible for sluggish reallocation of productive resources after the recovery of “zombie” firms. The questions taken up in the book include: How can “zombie” firms be properly identified only on the basis of financial data? Why did a ... Read more
Product Details
Format
Paperback
Publication date
2016
Publisher
Springer Verlag, Japan Japan
Number of pages
81
Condition
New
Series
SpringerBriefs in Economics
Number of Pages
73
Place of Publication
Tokyo, Japan
ISBN
9784431559160
SKU
V9784431559160
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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