Together, these studies present a compelling and consistent story of the Japanese economy. Financial system problems, largely triggered by the bursting of the asset price bubble in the early 1990s, ...

It was the fastest pace since 1991, before land prices began a long decline in the wake of the bursting of the asset "bubble". "Japan's overall land prices continued its rising trend amid a moderate ...

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.

Those who chose to stay in cash and deposits, where most of the assets are, by contrast, lost out to inflation yet again. Oh ...