posted on 2025-05-19, 16:18authored byYuji Fang, Patrick Minford, Zheyi Zhu
This paper aims to analyse the effectiveness of various policy interventions in revitalizing Japan's stagnant economy through a small open economy Dynamic Stochastic General Equilibrium (DSGE) model. The motivation was to understand the reasons behind the Japanese economic stagnation and to propose policies that can help to revive the economy.