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Monthly Archives: January 2013
Asset Bubble Patterns: Japan’s Case
Capitalizing on my post https://agzanegi.wordpress.com/2012/11/26/modeling-the-us-housing-bubble-of-the-2000s I am going to deal with the Japan’s asset bubble, which preceded the “lost decade” in the Japan’s economy. My point is that, in principle, the “virtuous cycle” of price surge in asset bubbles follows the … Continue reading