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What Post-2008 World Can Learn From Japan

What Post-2008 World Can Learn From Japan

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Published by Edward Harrison
Nomura and Richard Koo's presentation on balance sheet recessions and lessons for Europe, the US and China post-2008
Nomura and Richard Koo's presentation on balance sheet recessions and lessons for Europe, the US and China post-2008

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Published by: Edward Harrison on Apr 15, 2010
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10/12/2010

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The Age of Balance Sheet Recessions:What Post-2008 U.S., Europe and ChinaCan Learn from Japan 1990-2005
Richard C. KooChief EconomistNomura Research InstituteTokyoApril 2010
 
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Exhibit 1. US Housing Prices Are Moving alongthe Japanese Experience
 
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Exhibit 2. Drastic Rate Cuts Have Done Little to ReviveEconomies or House Prices

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