use a dataset that spans
the near universe of advanced economies in the era of modern...late 1920s is arguably the most famous
asset price boom and bust episode in...
It emerged in the wa-
ke of the widely-known Mexican crisis (1994/95) and was
followed...Japan and heavy government sup-
port encouraged big investments in Southeast Asia...
output remain-
ing at an equilibrium (“potential”) level, it is well aligned with modern...Eggertsson and Mehrotra (2014) was the first one
to formalize the idea in the...
