The Recovery of Zombie Firms and Entrenchment of Reputable Firms
by
Jun-ichi Nakamura
Language: English
Release Date: August 2, 2016
Why has Japan's lost decade become the lost two decades? This book attempts to provide a novel perspective on causes of stagnant productivity growth of the Japanese corporate sector during the lost two decades. Exploiting the corporate financial dataset compiled by the Development Bank of Japan, it...