Statements (47)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic period
|
| gptkbp:alsoKnownAs |
gptkb:Lost_Decade
|
| gptkbp:cause |
bursting of real estate and stock market bubble
|
| gptkbp:characterizedBy |
deflation
economic stagnation asset price bubble burst |
| gptkbp:country |
gptkb:Japan
|
| gptkbp:currency |
gptkb:Japanese_yen
|
| gptkbp:demographicEffect |
aging population
declining birthrate |
| gptkbp:effect |
economic crisis
falling asset prices slow GDP growth decline in consumer spending increase in non-performing loans persistent unemployment |
| gptkbp:endDate |
2001
|
| gptkbp:followedBy |
Japan's lost score (2001–2010)
|
| gptkbp:GDPGrowth |
stagnant
|
| gptkbp:governmentResponse |
bank bailouts
fiscal stimulus packages zero interest rate policy |
| https://www.w3.org/2000/01/rdf-schema#label |
Japan's lost decade
|
| gptkbp:impact |
influenced global economic policy
used as cautionary example |
| gptkbp:inflation_rate |
negative (deflation)
|
| gptkbp:mediaCoverage |
extensive
|
| gptkbp:notableFigure |
gptkb:Ben_Bernanke
gptkb:Paul_Krugman gptkb:Richard_Koo |
| gptkbp:policyLesson |
importance of monetary and fiscal policy coordination
challenges of escaping deflation dangers of delayed response to banking crisis risks of asset bubbles |
| gptkbp:precededBy |
gptkb:Japanese_asset_price_bubble
|
| gptkbp:realEstateMarket |
prices collapsed
|
| gptkbp:relatedTo |
gptkb:Heisei_period
gptkb:Abenomics liquidity trap balance sheet recession |
| gptkbp:startDate |
1991
|
| gptkbp:stockMarket |
Nikkei 225 fell sharply
|
| gptkbp:studiedBy |
gptkb:economist
policy makers |
| gptkbp:unemploymentRate |
increased
|
| gptkbp:bfsParent |
gptkb:The_Holy_Grail_of_Macroeconomics
|
| gptkbp:bfsLayer |
7
|