The Role of Fiscal Policy in Japan: A Quantitative Study
AbstractWe analyze the role of fiscal policy in the recent slowdown in Japan. A dynamic general equilibrium model is developed in which fiscal policy can have both expansionary effects (through increasing returns) and contractionary effects (through the increase of public debt and tax burden).
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Bibliographic InfoPaper provided by New York University, Leonard N. Stern School of Business, Department of Economics in its series Working Papers with number 99-16.
Date of creation: 1999
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Postal: New York University, Leonard N. Stern School of Business, Department of Economics, 44 West 4th Street, New York, NY 10012-1126
Phone: (212) 998-0860
Fax: (212) 995-4218
Web page: http://w4.stern.nyu.edu/economics/
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Other versions of this item:
- Perri, Fabrizio, 2001. "The role of fiscal policy in Japan: a quantitative study," Japan and the World Economy, Elsevier, vol. 13(4), pages 387-404, December.
- Perri, F., 1999. "The Role of Fiscal Policy in Japan: a Quantitative Study," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-16, New York University, Leonard N. Stern School of Business-.
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
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