Japanese asset price bubble

URI: https://gptkb.org/entity/Japanese_asset_price_bubble

GPTKB entity

Statements (62)

Predicate	Object
gptkbp:instanceOf	economic crisis
gptkbp:alsoKnownAs	bubble economy
gptkbp:causedBy	financial deregulation overconfidence speculative investment easy monetary policy excess liquidity
gptkbp:country	gptkb:Japan
gptkbp:endDate	1991
gptkbp:governmentResponse	tightening of monetary policy banking regulation reforms interest rate hikes
https://www.w3.org/2000/01/rdf-schema#label	Japanese asset price bubble
gptkbp:mainAssetClasses	gptkb:stock_market_index real estate
gptkbp:Nikkei_225_peak_date	December 29, 1989
gptkbp:Nikkei_225_peak_value	38957.44
gptkbp:notableCompany	gptkb:Mitsubishi_Estate gptkb:Mitsui_Fudosan gptkb:Nomura_Securities gptkb:Daiwa_Bank gptkb:Sumitomo_Bank gptkb:Yamaichi_Securities
gptkbp:notableEvent	gptkb:Nikkei_225_peak Tokyo real estate price surge collapse of asset prices
gptkbp:notableInstitution	gptkb:Bank_of_Japan gptkb:Ministry_of_Finance_(Japan) Japanese banks Japanese real estate companies Japanese securities firms
gptkbp:notablePerson	gptkb:Noboru_Takeshita gptkb:Yasuhiro_Nakasone gptkb:Haruhiko_Kuroda gptkb:Toshihiko_Fukui gptkb:Kiichi_Miyazawa gptkb:Miyazawa_Kiichi
gptkbp:notablePlace	gptkb:Nagoya gptkb:Osaka gptkb:Tokyo Japan's GDP growth slowed dramatically after 1991 Nikkei 225 lost over 60% of its value by 1992 urban land prices in Tokyo increased by over 300% from 1985 to 1991 land in Tokyo's Imperial Palace valued more than all real estate in California at peak
gptkbp:peakProductionYear	1991
gptkbp:relatedTo	gptkb:Heisei_era gptkb:Japanese_economic_miracle gptkb:Showa_era gptkb:Plaza_Accord gptkb:Lost_Decade stock market bubble real estate bubble Japan's economic stagnation
gptkbp:resultedIn	gptkb:lost_decade economic crisis deflation economic stagnation
gptkbp:startDate	1986
gptkbp:bfsParent	gptkb:Japan's_Lost_Decade gptkb:Japanese_postwar_economic_miracle gptkb:The_Lost_Decade
gptkbp:bfsLayer	6