Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them?

Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them?
Yes, partly. This paper studies the potential role of structural reforms in improving Japan’s outlook using the IMF’s Global Integrated Monetary and Fiscal Model (GIMF) with newly-added demographic features. Implementation of a not-fully-believed path of structural reforms can significantly offset the adverse effect of Japan’s demographic... READ MORE...

Publication date: November 2018
ISBN 9781484384732
$18.00

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