Balance Sheet Recession: Japan's Struggle with Uncharted Economics and its Global Implications

By Richard C. Koo. 2003

146 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/6a9ff34c8631cb2bb5174553ad7964d0a940f582

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Citations in the corpus

• Debt and the Consumption Response to Household Income Shocks (2015, background): “[27] Koo, Richard Balance Sheet Recession: Japan’s Struggle with Uncharted Economics and its Global Implications.”
• Procyclicality in the financial system: do we need a new macrofinancial stabilisation framework? (2006, unknown): “See Obstfeld (2004), Obstfeld and Rogoff (2004), Bergsten and Williamson (2004) and Roubini and Setser (2005).”
• Whither monetary and financial stability? the implications of evolving policy regimes (2004, unknown): “73 Koo (2003), for instance, argues quite strongly that the main headwinds in Japan arise from the demand, rather than the supply, side, highlighting the weak demand for credit.”