The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession, Revised EditionISBN: 978-0-470-82494-8
Paperback
352 pages
August 2009
 This is a Print-on-Demand title. It will be printed specifically to fill your order. Please allow an additional 10-15 days delivery time. The book is not returnable.
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Acknowledgments ix
Preface xi
Chapter 1 Japan’s Recession 1
Chapter 2 Characteristics of Balance Sheet Recessions 39
Chapter 3 The Great Depression was a Balance Sheet Recession 85
Chapter 4 Monetary, Foreign Exchange, and Fiscal Policy During a Balance Sheet Recession 125
Chapter 5 Yin and Yang Economic Cycles and the Holy Grail of Macroeconomics 157
Chapter 6 Pressure of Globalization 185
Chapter 7 Ongoing Bubbles and Balance Sheet Recessions 221
Chapter 8 World in Balance Sheet Recession 253
Appendix: Thoughts on Walras and Macroeconomics 295
References and Bibliography 309
Index 321
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