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A japán gazdasági válság - likviditási csapda az új évezredben?
[The Japanese economic crisis - a liquidity trap in the new millennium?]

Author

Listed:
  • Pete, Péter
  • Ozsvald, Éva

Abstract

Az elmúlt évtizedekben a piacgazdaságok kormányzati politikája nem kis részben az inflációellenes harc jegyében fogant. Ami viszont a japán gazdaságban az elmúlt másfél évtizedben történt fontos tanulság arra nézve, hogy a deflációtól kísért gazdasági pangás sem teljesen kizárható azon veszélyek közül, amelyek a gazdasági fejlettség magas szintjére jutott gazdaságokra leselkednek. Először ismertetjük a Japán gazdaság jelenlegi válságának lényeges konkrétumait, tömör összefoglalót adva a már több mint egy évtizede tartó stagnálás legfontosabb vonásairól és az idevezető út főbb állomásairól. A japán válság egyik különlegessége, hogy a monetáris politika alkalmatlanná vált az aggregált kereslet befolyásolására, azaz a Keynes által a harmincas években leírt likviditási csapda - először egy modern gazdaság történetében - mint létező jelenség tanulmányozható. Írásunk második részében ezt elméleti oldalról közelítjük meg, és bizonyítjuk, hogy a makroökonómia mégoly egyszerű modelljei is hasznos gondolati keretül szolgálnak az esetenként igen bonyolult gazdasági helyzet leírására. Journal of Economic Literature (JEL) kód: E19, E31, E52, E58.

Suggested Citation

  • Pete, Péter & Ozsvald, Éva, 2003. "A japán gazdasági válság - likviditási csapda az új évezredben? [The Japanese economic crisis - a liquidity trap in the new millennium?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 571-589.
    • Handle: RePEc:ksa:szemle:624
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    References listed on IDEAS

    as
    1. Adam S. Posen & Ryoichi Mikitani (ed.), 2000. "Japan's Financial Crisis and Its Parallels to U. S. Experience," Peterson Institute Press: All Books, Peterson Institute for International Economics, number sr13, October.
    2. Gary R. Saxonhouse & Robert M Stern, 2002. "Japan's Lost Decade: Origins, Consequences, and Prospects For Recovery," Working Papers 484, Research Seminar in International Economics, University of Michigan.
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    Cited by:

    1. Simon, György & Simon, György, 2006. "A gazdasági növekedés problémái Japánban: a "gazdasági csodától" az elhúzódó recesszióig [Problems of economic growth in Japan: from economic miracle to protracted recession]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 46-68.

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    More about this item

    JEL classification:

    • E19 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Other
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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