Suparna Chakraborty

TL;DR: In this article, the authors quantitatively investigate the boom and the bust of the Japanese economy during 1980-2000 using the business cycle accounting technique and identify the distortion margins called "wedges" that played a significant role in accounting for the output fluctuations.

TL;DR: This paper applied the Business Cycle Accounting methodology developed by Chari, Kehoe and McGrattan (2007) to study the economic resurgence of Brazil, Russia, India, India and China over the last decade.

TL;DR: In this article, the authors draw inferences from the Japanese banking crisis of the 1990s using a hand-gathered database of bank loans gathered from original sources, and show that although risk-based capital infusions in Japan (similar to those following the 2009 Supervisory Capital Assessment Program (stress tests) in the US) were successful in stimulating aggregate lending by Japanese banks, earlier blanket infusions (comparable to the 2008 Troubled Asset Relief Program (TARP) were not effective.

TL;DR: In this article, a bank specific database covering the period 1993 to 2007 is used to examine the reactions of individual Japanese banks to governmental policies designed to end Japan's financial crisis, concluding that policies must be substantial in size and risk targeted to be effective.

TL;DR: In this paper, a two-country general-equilibrium model was used to quantitatively show that the gap in productivity growth between the US and the rest of the world cannot explain the US current account deficits, especially in the 1980s and the 2000s.