16/01/10 19:57:42.72 nXE5CHUM.net
>>432の続き
Rethinking Japan
October 20, 2015 9:11 am
The IMF held a small roundtable discussion on Japan yesterday, and in preparation
for the event I thought it was a good idea to update my discussion of Japan -
not so much about the question of whether Abenomics is working / will work
(unclear, don’t know) as about the current nature of the Japanese problem.
It’s a bit self-centered, but I find it useful to approach this subject
by asking how I would change what I said in my 1998 paper on the liquidity
trap. Hey, it was one of my best papers; and it has held up pretty well
in many respects. But Japan and the world look different now, and trying to
pin down that difference may help clarify matters.