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Intergenerational implications of fiscal consolidation in Japan
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| 자료유형 | 단행본 |
|---|---|
| 서명/저자사항 | Intergenerational implications of fiscal consolidation in Japan/ prepared by Kiichi Tokuoka. |
| 개인저자 | Tokuoka, Kiichi,author. |
| 단체저자명 | International Monetary Fund. Asia and Pacific Department. |
| 발행사항 | [Washington, D.C.]: International Monetary Fund, ?012. |
| 형태사항 | 1 online resource (25 pages): charts. |
| 총서사항 | IMF working paper;WP/12/197 |
| ISBN | 1475522835 9781475522839 |
| 일반주기 |
Title from PDF title page (IMF Web site, viewed Aug. 2, 2012).
"Asia and Pacific Department." "August 2012." |
| 서지주기 | Includes bibliographical references (pages 20-21). |
| 요약 | "In Japan, intergenerational inequality in lifetime resources is substantial, with a heavier fiscal burden on the young than the old. Moreover, given the need for fiscal consolidation, the inequality is even worse than existing policy would suggest. However, this does not mean that fiscal consolidation would make the young worse off. Lack of fiscal consolidation would eventually increase interest rates, which would reduce output and hit young generations harder. Simulations using an overlapping generations model indicate that, from the perspective of intergenerational fairness, it would be desirable to include both social security spending reforms and revenue measures in a fiscal consolidation package. The simulations also show that delaying fiscal consolidation could be costly and worsen intergenerational resource inequality"--Page [1]. |
| 주제명(지명) | Japan. --fast |
| 일반주제명 | Fiscal policy --Japan. Pensions --Japan. Social security --Japan. Equality --Japan. Intergenerational relations --Japan. BUSINESS & ECONOMICS --Public Finance. Equality. Fiscal policy. Intergenerational relations. Pensions. Social security. |
| 언어 | 영어 |
| 바로가기 |  |
