The Fiscal Stance in Japan : A Model-based Analysis /

This paper assesses Japan's fiscal stance in the past and the future with a stochastic structural model called the Buffer-Stock Model of the Government. Our retrospective analysis suggests that the fiscal stance in the 1990s and the early 2000s was overall looser than the model recommendations....

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Bibliographic Details
Main Author: Fournier, Jean-Marc
Other Authors: Hisanaga, Takuma, Nguyen, Anh
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/164
Subjects:
Online Access:Full text available on IMF