The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession
E1184514
UNEXPLORED
The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession is Richard Koo’s influential book that analyzes Japan’s prolonged stagnation and develops the concept of a balance sheet recession to explain its macroeconomic dynamics and policy implications.
All labels observed (1)
| Label | Occurrences |
|---|---|
| The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T15938249 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession Context triple: [balance sheet recession theory, notableWork, The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession]
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A.
The Macroeconomics of the Great Depression
The Macroeconomics of the Great Depression is an academic work that analyzes the causes, dynamics, and policy responses of the Great Depression using modern macroeconomic theory and empirical methods.
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B.
What Ends Recessions? (with Christina Romer)
"What Ends Recessions? (with Christina Romer)" is an influential economic study co-authored by David and Christina Romer that analyzes the effectiveness of different policy responses in bringing economic downturns to an end.
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C.
Keynesian business cycle theories
Keynesian business cycle theories explain economic fluctuations primarily through changes in aggregate demand, emphasizing the roles of price and wage rigidities, government policy, and market imperfections in causing and mitigating recessions and booms.
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D.
American Economic Review: Macroeconomics
American Economic Review: Macroeconomics is a field journal of the American Economic Association that publishes leading research on macroeconomic theory, policy, and empirical analysis.
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E.
“Microeconomic Heterogeneity and Macroeconomic Shocks”
“Microeconomic Heterogeneity and Macroeconomic Shocks” is an influential economics paper by Greg Kaplan that analyzes how differences across individual households shape the aggregate effects of macroeconomic disturbances.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession Target entity description: The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession is Richard Koo’s influential book that analyzes Japan’s prolonged stagnation and develops the concept of a balance sheet recession to explain its macroeconomic dynamics and policy implications.
-
A.
The Macroeconomics of the Great Depression
The Macroeconomics of the Great Depression is an academic work that analyzes the causes, dynamics, and policy responses of the Great Depression using modern macroeconomic theory and empirical methods.
-
B.
What Ends Recessions? (with Christina Romer)
"What Ends Recessions? (with Christina Romer)" is an influential economic study co-authored by David and Christina Romer that analyzes the effectiveness of different policy responses in bringing economic downturns to an end.
-
C.
Keynesian business cycle theories
Keynesian business cycle theories explain economic fluctuations primarily through changes in aggregate demand, emphasizing the roles of price and wage rigidities, government policy, and market imperfections in causing and mitigating recessions and booms.
-
D.
American Economic Review: Macroeconomics
American Economic Review: Macroeconomics is a field journal of the American Economic Association that publishes leading research on macroeconomic theory, policy, and empirical analysis.
-
E.
“Microeconomic Heterogeneity and Macroeconomic Shocks”
“Microeconomic Heterogeneity and Macroeconomic Shocks” is an influential economics paper by Greg Kaplan that analyzes how differences across individual households shape the aggregate effects of macroeconomic disturbances.
- F. None of above. chosen
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
balance sheet recession theory
→
notableWork
→
The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession
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