Evaluate the role of government in developing regulations that foster an environment of steady economic growth instead of boom-bust cycles.
After reading the assigned case study The Effect of Bank Credit on Asset Prices: Evidence from the Japanese Real Estate Boom during the 1980s Written by Nada Mora, February 5, 2005
Your review of your case study must include the following:
•Summary of the case (key players, background, etc.).
•Describe the scope of the problem.
•Analyze the issue/outcome and socio-economic considerations.
•Evaluate whether economic history is bound to repeat. You will want to generate hypotheses to account for observed similarities.
•Explain the incentives for real-estate investment, subsequent development, community growth, and an overall economic boom to the various stakeholders.
•Analyze the role credit plays in this incentive.
•Evaluate the role of government in developing regulations that foster an environment of steady economic growth instead of boom-bust cycles.
Mora – The Effect of Bank Credit on Asset Prices
APA
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