Talk:Japanese asset price bubble

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Wiki Education Foundation-supported course assignment[edit]

This article is or was the subject of a Wiki Education Foundation-supported course assignment. Further details are available on the course page. Student editor(s): Shinchiro21.

Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT (talk) 01:05, 17 January 2022 (UTC)[reply]

Mechanism[edit]

This article has nothing about how the crash actually happened. I, unfortunately, know nothing of this particular bit of history. Anyone? 137.118.206.179 22:46, 1 March 2007 (UTC)[reply]

  • I am somewhat of an expert on this particular financial phenomena. I created this page some time ago, and I plan on eventually executing a major edit to fill in all of the details when I have the time. Unfortunately I have not yet published my work on the Japanese bubble, so my original research will not be added until my work is released. In short, I have discovered that contrary to past publications, the bubble did not develop as a result of the post Plaza high-yen recession interest rate reductions and was more of a result of other influences such as changes in tax policy and financial deregulation. RyanLivingston 07:29, 2 May 2007 (UTC)[reply]

@RyanLivingston when you state "was more of a result of other influences such as changes in tax policy and financial deregulation." are you referring to the movement of taxes off land and other rentier activities and on to labour? WjtWeston (talk) 20:27, 30 August 2010 (UTC)[reply]

Crichton[edit]

Just a thought - I don't think the Michael Crichton reference is necessary. Rising Sun is just a rather far-fetched thriller that happens to be set in Japan; it hardly offers a significant political or economic critique of Japan. Gunstar hero (talk) 20:24, 26 January 2008 (UTC)[reply]

  • Trade friction with the U.S. was probably more of a factor in the overreaction leading to novels like Crichton's. Though it must be said, the Japanese were buying up high-profile properties in the U.S., perhaps collateralizing loans for these purchases on Japanese real estate. Anyway, I deleted the whole paragraph, perhaps some of it might be restored in a pop-culture section or something. Yakushima (talk) 05:38, 24 October 2008 (UTC)[reply]

US parallels[edit]

It is shocking to believe that Japanese commercial real estate could fall 99% or that Japanese residences in Tokyo fell 90%. This article's comment about the bank's loose lending practices leads me to draw comparisons or parallels with the recent U.S. housing bubble. If Japanese real estate fell for 15 years and fell 90%...what does that say about our real estate...especially inflated areas like California, Las Vegas, Miami, and Phoenix.75.84.230.67 (talk) 16:28, 3 May 2008 (UTC)ed lovette75.84.230.67 (talk) 16:28, 3 May 2008 (UTC)[reply]

  • This article is very important. I encourage you to write more. It has many similarities to the US crisis. The current article is not clear enough, and it is not well ordered chronologically.Sandman2007 (talk) 10:03, 25 December 2008 (UTC)[reply]
I came on here due to Obama's specific reference of Japan and the "lost decade". I'd encourage folks to add on more material. I had thought that the article would be much longer.--Lord of the Ping (talk) 16:44, 10 February 2009 (UTC)[reply]

Useful refs?[edit]

I have moved the following from the Dab page Lost decade, where refs are neither needed nor permitted. Perhaps they will be useful on the accompanying article, or on a Lost decade (Japan) article.

  1. <ref>The Lost Decade - Japan's History</ref>
  2. <ref>Japan's Lost Decade - Policies for Economic Revival</ref>
  3. <ref>http://www.stanford.edu/~johntayl/JapanCabinetOfficePresentation.pdf</ref>
  4. <ref>http://www.fordschool.umich.edu/rsie/workingpapers/Papers476-500/r484.pdf</ref>
  5. <ref>AEI - Short Publications - Japan's Lost Decade</ref>

--Jerzyt 05:42, 10 February 2009 (UTC)[reply]

External links modified[edit]

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Dr. Rogoff's comment on this article[edit]

Dr. Rogoff has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:


in place of "By late 1991, asset prices began to fall. " it should say "By late 1991, other asset prices began to fall."

where it says "More recent research supports an alternate view" it should say "Later research argued an alternative view".

After the sentence "The “endaka recession” has been closely linked to the Plaza Accord of September 1985, which led to the strong appreciation of the Japanese yen."

A sentence should be added: "There still remains much controversy over the root causes of the crisis. Some scholars argue that the ultimate cause of the crisis was the adverse turn in Japan's demographics, and others the rise of China as a major competitive force."


We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Rogoff has published scholarly research which seems to be relevant to this Wikipedia article:


  • Reference : Reinhart, Carmen M. & Rogoff, Kenneth, 2009. "Banking Crises: An Equal Opportunity Menace," CEPR Discussion Papers 7131, C.E.P.R. Discussion Papers.

ExpertIdeasBot (talk) 15:25, 24 June 2016 (UTC)[reply]

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External links modified[edit]

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