The Role of Fiscal Policy in Japan: A Quantitative Study

Preprint

preprint

Published in RePEc

Abstract

We 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). (This abstract was borrowed from another version of this item.)

Keywords

TAX
MODEL
JAPAN
FISCAL POLICY
DEBT
SLOWDOWN
ITEM
EXPANSIONARY
CONTRACTIONARY

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Version 1, RePEc

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