Is Japan's Population Aging Deflationary? /

Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the potential impact on inflation has been studied less. We use the IMF's Global Integrated Fiscal and Monetary Model (GIMF) and find substantial deflationary pressures from aging, mainl...

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Bibliographic Details
Main Author: Anderson, Derek
Other Authors: Botman, Dennis, Hunt, Benjamin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/139
Online Access:Full text available on IMF

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