01112nam0 22003253i 450 CAG009525220231121125421.02221048482978222104848120151016d1986 ||||0itac50 bafrefrz01i xxxe z01nOeuvres complètesPaul-Jean Touletédition présentée et annotée par Bernard DelvailleParisR. Laffont1986XXVI, 1533 p.20 cmBouquins001BVE00268422001 BouquinsToulet, Paul JeanOpereFIRRMLC407647IToulet, Paul JeanCFIV051351070202096Delvaille, BernardCFIV070433ITIT-0120151016IT-FR0017 Biblioteca umanistica Giorgio ApreaFR0017 NCAG0095252Biblioteca umanistica Giorgio Aprea 52MAG 1/407 52FLS0000118575 VMB RS E 2015030620150306 52Oeuvres complètes3604206UNICAS04591oam 22013094 450 991013670060332120250426110442.097814755417311475541732(CKB)3710000000907171(MiAaPQ)EBC4723303(IMF)WPIEA2016194WPIEA2016194(EXLCZ)99371000000090717120020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierFading Ricardian Equivalence in Ageing Japan /Ikuo SaitoWashington, D.C. :International Monetary Fund,2016.1 online resource (19 pages)IMF Working Papers9781475541786 1475541783 9781475541649 1475541643 Includes bibliographical references.Japan seems to be turning less Ricardian, a trend set to continue. First, the discount wedge seems to have risen, suggesting that consumers have become more myopic. Second, some evidence points to the possibility that an increasing number of households are liquidity constrained. If these developments continue, the impact of fiscal policy on the economy will gradually rise. While this will facilitate using fiscal policy to manage the economic cycle, it also calls for starting fiscal consolidation soon and in a gradual and steady manner, given the unsustainable public debt and the likely increasing challenges in funding the government's rising debt domestically.IMF Working Papers; Working Paper ;No. 2016/194Ricardian Model of International TradeFiscal policyJapanFinance: GeneralimfPublic FinanceimfTaxationimfDemographyimfMacroeconomics: ConsumptionimfSavingimfWealthimfFiscal PolicyimfFiscal Policies and Behavior of Economic Agents: HouseholdimfDebtimfDebt ManagementimfSovereign DebtimfPortfolio ChoiceimfInvestment DecisionsimfBusiness Taxes and SubsidiesimfEconomics of the ElderlyimfEconomics of the HandicappedimfNon-labor Market DiscriminationimfPublic finance & taxationimfFinanceimfMacroeconomicsimfPopulation & demographyimfLiquidityimfConsumption taxesimfFiscal policyimfPublic debtimfAgingimfTaxesimfAsset and liability managementimfPopulation and demographicsimfEconomicsimfSpendings taximfDebts, PublicimfPopulation agingimfJapanCommerceJapanimfRicardian Model of International Trade.Fiscal policyFinance: GeneralPublic FinanceTaxationDemographyMacroeconomics: ConsumptionSavingWealthFiscal PolicyFiscal Policies and Behavior of Economic Agents: HouseholdDebtDebt ManagementSovereign DebtPortfolio ChoiceInvestment DecisionsBusiness Taxes and SubsidiesEconomics of the ElderlyEconomics of the HandicappedNon-labor Market DiscriminationPublic finance & taxationFinanceMacroeconomicsPopulation & demographyLiquidityConsumption taxesFiscal policyPublic debtAgingTaxesAsset and liability managementPopulation and demographicsEconomicsSpendings taxDebts, PublicPopulation aging382.0952Saito Ikuo1377058DcWaIMFBOOK9910136700603321Fading Ricardian equivalence in ageing Japan3413575UNINA