Sabiia Seb
PortuguêsEspañolEnglish
Embrapa
        Busca avançada

Botão Atualizar


Botão Atualizar

Registro completo
Provedor de dados:  AgEcon
País:  United States
Título:  The Role of Preconceived Ideas in Macroeconomic Policy: Japan's Experiences in the Two Deflationary Periods
Autores:  Hamada, Koichi
Noguchi, Asahi
Data:  2006-01-27
Ano:  2005
Palavras-chave:  Preconceived ideas
Perception on economic mechanism
Vested interests
Great Depression
Deflation in contemporary Japan
Financial Economics
B2
F4
N2
Resumo:  This paper examines the role of misleading economic ideas that most likely promoted the economic disasters of the two deflationary periods in Japanese economic history. Misleading ideas deepened the depression during the interwar years, and erroneous thinking prolonged the stagnation of the Japanese economy since the 1990s. While the current framework of political economy is based on the self-interests of political agents as well as of voters, we highlight the role of ideas in policy making, in particular, in the field of macro-economy where the incidence of a particular policy is not clear to the public. Using two significant examples, this paper illustrates the role of preconceived ideas, in contrast to economic interests, that dominantly influenced economic policy making.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  19649

http://purl.umn.edu/28494
Editor:  AgEcon Search
Relação:  Yale University>Economic Growth Center>Center Discussion Papers
Center Discussion Paper No. 908
Formato:  59

application/pdf
Fechar
 

Empresa Brasileira de Pesquisa Agropecuária - Embrapa
Todos os direitos reservados, conforme Lei n° 9.610
Política de Privacidade
Área restrita

Embrapa
Parque Estação Biológica - PqEB s/n°
Brasília, DF - Brasil - CEP 70770-901
Fone: (61) 3448-4433 - Fax: (61) 3448-4890 / 3448-4891 SAC: https://www.embrapa.br/fale-conosco

Valid HTML 4.01 Transitional