Showing 81 - 90 of 146,211
Persistent link: https://www.econbiz.de/10012395578
Persistent link: https://www.econbiz.de/10012309447
literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … not the selfish life-cycle model applies in the case of Japan. In particular, we survey the literature on the impact of … almost all of the available evidence suggests that the selfish life-cycle model applies to a greater extent in Japan than it …
Persistent link: https://www.econbiz.de/10012195738
Persistent link: https://www.econbiz.de/10010375130
Persistent link: https://www.econbiz.de/10003280503
Persistent link: https://www.econbiz.de/10012258214
Yes, partly. This paper studies the potential role of structural reforms in improving Japan's outlook using the IMF …-fully-believed path of structural reforms can significantly offset the adverse effect of Japan's demographic headwinds - a declining and … significantly to stabilizing public debt because of the resulting increase in inflation towards the Bank of Japan's target, while …
Persistent link: https://www.econbiz.de/10011978382
Japan’s government is heavily indebted, and the current net debt tends to increase. This paper uses an extended … lifecycle general equilibrium model with endogenous fertility to investigate an optimal size of government debt from two …, which maximizes per-capita utility, is negative at −170% of gross domestic product (GDP) for Japan. In contrast, it …
Persistent link: https://www.econbiz.de/10014076802
Persistent link: https://www.econbiz.de/10013277450
The demographic transition can affect the equilibrium real interest rate through three channels. An increase in longevity - or expectations thereof - puts downward pressure on the real interest rate, as agents build up their savings in anticipation of a longer retirement period. A reduction in...
Persistent link: https://www.econbiz.de/10011439850