Fading Ricardian Equivalence in Ageing Japan is popular PDF and ePub book, written by Ikuo Saito in 2016-09-27, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Fading Ricardian Equivalence in Ageing Japan can be Read Online from any device for your convenience.
Fading Ricardian Equivalence in Ageing Japan Book PDF Summary
Japan seems to be turning less Ricardian, a trend set to continue. First, the discount wedge seems to have risen, suggesting that consumers have become more myopic. Second, some evidence points to the possibility that an increasing number of households are liquidity constrained. If these developments continue, the impact of fiscal policy on the economy will gradually rise. While this will facilitate using fiscal policy to manage the economic cycle, it also calls for starting fiscal consolidation soon and in a gradual and steady manner, given the unsustainable public debt and the likely increasing challenges in funding the government's rising debt domestically.
Detail Book of Fading Ricardian Equivalence in Ageing Japan PDF
- Author : Ikuo Saito
- Release : 27 September 2016
- Publisher : International Monetary Fund
- ISBN : 9781475541649
- Genre : Business & Economics
- Total Page : 18 pages
- Language : English
- PDF File Size : 15,7 Mb
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