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...

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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
Table of Contents:
  • 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.