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Professor Koichi Hamada (Yale University)
The Current State of the Japanese Economy: A Macro-Economist's View

October 2009
Essay I: The Sub-Prime Crisis from Both Sides of the Pacific
Essay II: The Flight of Japanese Macroeconomic Policies on One Engine
Essay III: A Nightingale Who does not Sing
Essay IV: Where Will the Democratic Party of Japan (DPJ) Lead its Macroeconomic Policies?

Essay V: On Policy Coordination, Carry Trade and the Sun-Spot Equilibrium

* We welcome readers' comments on these essays at info@nira.or.jp.