Intergenerational implications of fiscal consolidation in Japan /

"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 conso...

Full description

Saved in:
Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Tokuoka, Kiichi (Author)
Corporate Author: International Monetary Fund. Asia and Pacific Department
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, 2012
Series:IMF working paper ; WP/12/197.
Subjects:
Local Note:ProQuest Ebook Central

MARC

LEADER 00000cam a2200000 a 4500
001 in00000117317
006 m o d
007 cr cn|||||||||
008 120802s2012 dcud ob i000 0 eng d
005 20240626191210.0
019 |a 813001009  |a 903698791  |a 961542234  |a 962599530  |a 988412906  |a 992030346  |a 1037714608  |a 1038608712  |a 1045495241  |a 1055353180  |a 1058767473  |a 1081213866  |a 1107327747  |a 1114357987  |a 1153458311  |a 1202536657  |a 1228591272  |a 1259099307  |a 1289520352  |a 1313552892 
020 |a 1475522835  |q (electronic bk.) 
020 |a 9781475522839  |q (electronic bk.) 
020 |a 1475505477 
020 |a 9781475505474 
020 |a 1475588437 
020 |a 9781475588439 
020 |z 9781475505474 
020 |z 9781475588439 
020 |a 1475535309 
020 |a 9781475535303 
029 1 |a AU@  |b 000050082795 
029 1 |a AU@  |b 000053018203 
029 1 |a CHNEW  |b 000686104 
029 1 |a DEBBG  |b BV041387271 
029 1 |a DEBBG  |b BV043786758 
029 1 |a DEBBG  |b BV044178341 
029 1 |a DEBSZ  |b 472759183 
029 1 |a NZ1  |b 15024973 
035 |a (OCoLC)803657507  |z (OCoLC)813001009  |z (OCoLC)903698791  |z (OCoLC)961542234  |z (OCoLC)962599530  |z (OCoLC)988412906  |z (OCoLC)992030346  |z (OCoLC)1037714608  |z (OCoLC)1038608712  |z (OCoLC)1045495241  |z (OCoLC)1055353180  |z (OCoLC)1058767473  |z (OCoLC)1081213866  |z (OCoLC)1107327747  |z (OCoLC)1114357987  |z (OCoLC)1153458311  |z (OCoLC)1202536657  |z (OCoLC)1228591272  |z (OCoLC)1259099307  |z (OCoLC)1289520352  |z (OCoLC)1313552892 
035 |a (OCoLC)ocn803657507 
040 |a DJB  |b eng  |e pn  |c DJB  |d DOS  |d CUS  |d OCLCQ  |d E7B  |d OCLCA  |d OCLCF  |d EBLCP  |d OCLCQ  |d OCLCO  |d OCLCQ  |d YDXCP  |d OCLCQ  |d N$T  |d OCLCQ  |d CUS  |d AZK  |d AGLDB  |d MOR  |d CCO  |d PIFAG  |d ZCU  |d MERUC  |d OCLCQ  |d U3W  |d STF  |d WRM  |d VNS  |d VTS  |d CEF  |d NRAMU  |d ICG  |d VT2  |d AU@  |d OCLCQ  |d WYU  |d DKC  |d OCLCQ  |d M8D  |d OCLCQ  |d UKCRE  |d BOL  |d AJS  |d OCLCQ  |d OCLCO  |d OCLCQ  |d VI#  |d QGK  |d S2H  |d OCLCO  |d OCLCL 
043 |a a-ja--- 
050 4 |a HG3881.5.I58  |b W67 No. 12/197eb 
050 4 |a HJ1391  |b .T65 2012eb online 
072 7 |a BUS  |x 051000  |2 bisacsh 
082 0 4 |a 336.52  |2 23 
100 1 |a Tokuoka, Kiichi,  |e author. 
245 1 0 |a Intergenerational implications of fiscal consolidation in Japan /  |c prepared by Kiichi Tokuoka. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2012. 
300 |a 1 online resource (25 pages) :  |b charts 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
340 |g polychrome  |2 rdacc  |0 http://rdaregistry.info/termList/RDAColourContent/1003 
340 |p illustration  |2 rdaill 
347 |a text file  |2 rdaft 
490 1 |a IMF working paper ;  |v WP/12/197 
500 |a Title from PDF title page (IMF Web site, viewed August 2, 2012). 
500 |a "Asia and Pacific Department." 
500 |a "August 2012." 
504 |a Includes bibliographical references (pages 20-21). 
505 0 |a Cover; Contents; I. Introduction; II. Simulation Analysis and Discussion; Figures; 1. Overview of Japan's Public Finances; 2. Intergenerational Resource Imbalance; 3. Macroeconomic Implications of Fiscal Consolidation; Tables; 1. Summary of Measures; 2. Two Options for Structural Fiscal Adjustment; 4. Resource Implications of Fiscal Adjustment; 5. Costs of Delaying Fiscal Adjustment; III. Other Issues; IV. Conclusions; Box; 1. Public Pension System in Japan; References; Appendix; I. Parameter Values and Key Simulation Assumptions. 
520 |a "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 
546 |a English. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Fiscal policy  |z Japan. 
650 0 |a Pensions  |z Japan. 
650 0 |a Social security  |z Japan. 
650 0 |a Equality  |z Japan. 
650 0 |a Intergenerational relations  |z Japan. 
710 2 |a International Monetary Fund.  |b Asia and Pacific Department. 
758 |i has work:  |a Intergenerational implications of fiscal consolidation in Japan (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCG7yWDJPRWyrqWHFqcy7h3  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 |z 1-4755-2283-5 
776 |z 1-4755-0547-7 
830 0 |a IMF working paper ;  |v WP/12/197. 
852 |b E-Collections  |h ProQuest 
856 4 0 |u https://ebookcentral.proquest.com/lib/mcphs/detail.action?docID=1606907  |z Full text (MCPHS users only)  |t 0 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1606907 
938 |a ebrary  |b EBRY  |n ebr10627038 
938 |a EBSCOhost  |b EBSC  |n 568164 
938 |a YBP Library Services  |b YANK  |n 10691520 
938 |a YBP Library Services  |b YANK  |n 9927267 
947 |a FLO  |x pq-ebc-base 
999 f f |s 396bd848-4d9a-4a99-8fb0-3f349d3524b0  |i d24e4d31-af81-40d0-b88b-b8cbdaeae0b7  |t 0 
952 f f |a Massachusetts College of Pharmacy and Health Sciences  |b Online  |c Online  |d E-Collections  |t 0  |e ProQuest  |h Other scheme 
856 4 0 |t 0  |u https://ebookcentral.proquest.com/lib/mcphs/detail.action?docID=1606907  |y Full text (MCPHS users only)