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Tracking monetary-fiscal interactions across time and space

Franta, Michal; Libich, Jan; Stehlík, Petr - 2012

Persistent link: https://www.econbiz.de/10009704567

Has Japan been following Modern Money Theory without recognizing it? : no! and yes

Wray, L. Randall; Nersisyan, Yeva - 2021

Modern Money Theory (MMT) economists have used Japan as an example of a country that demonstrates that high deficits … really spend tax revenue or borrow in their own currency-with Japan serving as an example of a country that does not face … financial budget constraints as normally defined. In this paper we evaluate whether Japan is the poster child of MMT and argue …

Persistent link: https://www.econbiz.de/10012432238

A retrospective on Abenomics

Lincoln, Edward J. - 2020

Persistent link: https://www.econbiz.de/10012390132

Public bonds as money substitutes at near-zero interest rates : disequilibrium analysis of the current and future Japanese economy

Saitō, Makoto - 2020

Persistent link: https://www.econbiz.de/10013273822

Effects of monetary and fiscal policy interactions on regional employment : evidence from Japan

Miyazaki, Tomomi; Kondoh, Haruo - 2022

Persistent link: https://www.econbiz.de/10013264955

The signaling effects of fiscal announcements

Melosi, Leonardo; Morita, Hiroshi; Zanetti, Francesco - 2022

Fiscal announcements may transfer information about the government's view of the macroeconomic outlook to the private sector, diminishing the effectiveness of fiscal policy as a stabilization tool. We construct a novel dataset that combines daily data on Japanese stock prices with narrative...

Persistent link: https://www.econbiz.de/10013357169