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010   $a1-4755-4173-2
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035   $a(MiAaPQ)EBC4723303
035   $a(IMF)WPIEA2016194
035   $a(EXLCZ)993710000000907171
100   $a20020129d2016      uf         0
101 0 $aeng
135   $aurcnu||||||||
181   $2rdacontent
182   $2rdamedia
183   $2rdacarrier
200 10$aFading Ricardian Equivalence in Ageing Japan /$fIkuo Saito
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2016.
215   $a1 online resource (19 pages)
225 1 $aIMF Working Papers
311   $a1-4755-4178-3 
311   $a1-4755-4164-3 
320   $aIncludes bibliographical references.
330 3 $aJapan seems to be turning less Ricardian, a trend set to continue. First, the discount wedge seems to have risen, suggesting that consumers have become more myopic. Second, some evidence points to the possibility that an increasing number of households are liquidity constrained. If these developments continue, the impact of fiscal policy on the economy will gradually rise. While this will facilitate using fiscal policy to manage the economic cycle, it also calls for starting fiscal consolidation soon and in a gradual and steady manner, given the unsustainable public debt and the likely increasing challenges in funding the government's rising debt domestically.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2016/194
606   $aRicardian Model of International Trade
606   $aFiscal policy$zJapan
606   $aFinance: General$2imf
606   $aPublic Finance$2imf
606   $aTaxation$2imf
606   $aDemography$2imf
606   $aMacroeconomics: Consumption$2imf
606   $aSaving$2imf
606   $aWealth$2imf
606   $aFiscal Policy$2imf
606   $aFiscal Policies and Behavior of Economic Agents: Household$2imf
606   $aDebt$2imf
606   $aDebt Management$2imf
606   $aSovereign Debt$2imf
606   $aPortfolio Choice$2imf
606   $aInvestment Decisions$2imf
606   $aBusiness Taxes and Subsidies$2imf
606   $aEconomics of the Elderly$2imf
606   $aEconomics of the Handicapped$2imf
606   $aNon-labor Market Discrimination$2imf
606   $aPublic finance & taxation$2imf
606   $aFinance$2imf
606   $aMacroeconomics$2imf
606   $aPopulation & demography$2imf
606   $aLiquidity$2imf
606   $aConsumption taxes$2imf
606   $aFiscal policy$2imf
606   $aPublic debt$2imf
606   $aAging$2imf
606   $aTaxes$2imf
606   $aAsset and liability management$2imf
606   $aPopulation and demographics$2imf
606   $aEconomics$2imf
606   $aSpendings tax$2imf
606   $aDebts, Public$2imf
606   $aPopulation aging$2imf
607   $aJapan$xCommerce
607   $aJapan$2imf
615  0$aRicardian Model of International Trade.
615  0$aFiscal policy
615  7$aFinance: General
615  7$aPublic Finance
615  7$aTaxation
615  7$aDemography
615  7$aMacroeconomics: Consumption
615  7$aSaving
615  7$aWealth
615  7$aFiscal Policy
615  7$aFiscal Policies and Behavior of Economic Agents: Household
615  7$aDebt
615  7$aDebt Management
615  7$aSovereign Debt
615  7$aPortfolio Choice
615  7$aInvestment Decisions
615  7$aBusiness Taxes and Subsidies
615  7$aEconomics of the Elderly
615  7$aEconomics of the Handicapped
615  7$aNon-labor Market Discrimination
615  7$aPublic finance & taxation
615  7$aFinance
615  7$aMacroeconomics
615  7$aPopulation & demography
615  7$aLiquidity
615  7$aConsumption taxes
615  7$aFiscal policy
615  7$aPublic debt
615  7$aAging
615  7$aTaxes
615  7$aAsset and liability management
615  7$aPopulation and demographics
615  7$aEconomics
615  7$aSpendings tax
615  7$aDebts, Public
615  7$aPopulation aging
676   $a382.0952
700   $aSaito$b Ikuo$01377058
801  0$bDcWaIMF
906   $aBOOK
912   $a9910136700603321
996   $aFading Ricardian equivalence in ageing Japan$93413575
997   $aUNINA