Intergenerational Implications of Fiscal Consolidation in Japan

Working Paper No. 12/197

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... READ MORE...

Publication date: August 2012
ISBN 9781475505474

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Publication date: August 2012