The roots of the story lie at least as far back as the overheating of the Japanese economy that occurred during the late 1980s. As is well known, the rapid growth achieved during this period was ...

This paper examines asset-price bubbles in an economy where a nondepletable asset (e.g., land) can provide transaction services, using a variant of the cash-in-advance model. When a landowner can ...

This paper examines asset-price bubbles in an economy where a nondepletable asset (e.g., land) can provide transaction services, using a variant of the cash-in-advance model. When a landowner can ...

Japan has become America’s most crucial Asian ally against Beijing; Washington creating further headache for the Ishiba ...

TOKYO -- Nomura Asset Management has decided to pull the plug on what was once its flagship Japanese-equities fund and disband the fund's management team as part of a slimming down of its lineup of ...

Japan's land ministry released ... highest it's been since 1991, when the asset-inflated economic bubble began to burst. One factor behind the higher prices is aggressive buying by overseas ...

which should accompany policy normalisation Japan's economy has stuck to stagnation with effectively no nominal GDP growth in past three decades after the asset price bubble burst in the early 1990s.

TOKYO -- Japanese whisky prices on the secondary market have dropped in recent months, deflating what some observers have called a bubble reflecting global economic trends, particularly China's ...