| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5086290 | Japan and the World Economy | 2012 | 8 Pages |
Abstract
⺠We reconcile a controversy on the TFP and capital utilization in Japan's lost decade. ⺠We incorporate capital utilization into the Hayashi and Prescott (2002) model. ⺠We find that our TFP become higher when utilization is considered. ⺠We find that our model and TFP are consistent with the lost decade.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kensuke Miyazawa,