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Tax Policy and Consumer Spending : Evidence from Japanese Fiscal Experiments
Watanabe, Katsunori - 1999
This paper studies the extent to which the impact of tax policy on consumer spending differs between temporary and permanent, as well as anticipated and unanticipated tax changes. To discriminate between them, we use institutional information such as legal distinction between temporary and...
Persistent link: https://www.econbiz.de/10012471538
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Monetary and Fiscal Policy in a Liquidity Trap : The Japanese Experience 1999-2004
Iwamara, Mitsuru - 2005
-2004. First, we find that the Bank of Japan's policy commitment to continuing monetary easing until some prespecified conditions … sloping, indicating that the Bank of Japan's commitment failed to have su.cient influence on the market's expectations about …
Persistent link: https://www.econbiz.de/10012467534
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How Much Do Official Price Indexes Tell Us about Inflation?
Handbury, Jessie - 2013
economics to build a Törnqvist inflation index for Japan between 1989 and 2010. Our comparison of this true inflation index with …
Persistent link: https://www.econbiz.de/10012459159