Fading Ricardian Equivalence in Ageing Japan /

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 development...

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Κύριος συγγραφέας: Saito, Ikuo
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2016.
Σειρά:IMF Working Papers; Working Paper ; No. 2016/194
Διαθέσιμο Online:Full text available on IMF

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