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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Podrobná bibliografie
Hlavní autor: Saito, Ikuo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2016.
Edice:IMF Working Papers; Working Paper ; No. 2016/194
On-line přístup:Full text available on IMF

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