"Bubble Economy," describes well the scene of Japanese economy since the end of 1980's. The purpose of this paper is to try to find the core of Bubble. It leads us to some explanations to the following questions: 1. Why did "Bubble" occur in Japan typ...
"Bubble Economy," describes well the scene of Japanese economy since the end of 1980's. The purpose of this paper is to try to find the core of Bubble. It leads us to some explanations to the following questions: 1. Why did "Bubble" occur in Japan typically? 2. Why did "Bubble" emerge in the second half of 1980's, especially after 1987? 3. Why did "Bubble" emerge as a stock-inflation?