Cargando…

Demographics and the Natural Rate of Interest in Japan /

Japan's aging and shrinking population could lower the natural rate of interest and, together with low inflation expectations, challenge the Bank of Japan's efforts to reflate the economy. This paper uses a semi-structural model to estimate the impact of demographics on the natural rate in...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Han, Fei (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, [2019]
Colección:IMF working paper ; WP/19/31.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000 i 4500
001 EBSCO_on1107361968
003 OCoLC
005 20231017213018.0
006 m o d
007 cr n||||||||||
008 190610t20192019dcu o 000 0 eng d
040 |a VT2  |b eng  |e rda  |e pn  |c VT2  |d YDX  |d OCLCQ  |d N$T  |d OCLCF  |d CUS  |d OCLCQ  |d OCLCO  |d OCLCQ  |d QGK  |d OCLCO 
019 |a 1090285467  |a 1396899042 
020 |a 1498301207 
020 |a 9781498301206  |q (electronic bk.) 
029 1 |a AU@  |b 000068653274 
035 |a (OCoLC)1107361968  |z (OCoLC)1090285467  |z (OCoLC)1396899042 
043 |a a-ja--- 
050 4 |a HB549.J3  |b D46 2019 
082 0 4 |a 332.820952  |2 23 
049 |a UAMI 
100 1 |a Han, Fei,  |e author. 
245 1 0 |a Demographics and the Natural Rate of Interest in Japan /  |c Mr. Fei Han. 
264 1 |a [Washington, D.C.] :  |b International Monetary Fund,  |c [2019] 
264 4 |c ©2019 
300 |a 1 online resource 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF Working Paper ;  |v WP/19/31 
520 |a Japan's aging and shrinking population could lower the natural rate of interest and, together with low inflation expectations, challenge the Bank of Japan's efforts to reflate the economy. This paper uses a semi-structural model to estimate the impact of demographics on the natural rate in Japan. We find that demographic change has a significantly negative impact on the natural rate by lowering trend potential growth. We also find that the negative impact has been increasing over time amid stronger demographic headwinds. These findings highlight the importance of boosting potential growth to offset the negative demographic impact and lift the natural rate in Japan. 
588 0 |a Online resource; title from PDF title page (IMF, viewed August 21, 2020). 
590 |a eBooks on EBSCOhost  |b EBSCO eBook Subscription Academic Collection - Worldwide 
650 0 |a Age distribution (Demography)  |x Economic aspects  |z Japan. 
650 0 |a Aging  |x Economic aspects  |z Japan. 
650 0 |a Interest rates  |z Japan. 
651 0 |a Japan  |x Population  |x Economic aspects. 
650 6 |a Répartition par âge (Démographie)  |x Aspect économique  |z Japon. 
650 6 |a Vieillissement  |x Aspect économique  |z Japon. 
650 6 |a Taux d'intérêt  |z Japon. 
650 7 |a Age distribution (Demography)  |x Economic aspects  |2 fast 
650 7 |a Aging  |x Economic aspects  |2 fast 
650 7 |a Interest rates  |2 fast 
650 7 |a Population  |x Economic aspects  |2 fast 
651 7 |a Japan  |2 fast 
710 2 |a International Monetary Fund,  |e issuing body. 
776 |z 1-4843-9623-5 
830 0 |a IMF working paper ;  |v WP/19/31. 
856 4 0 |u https://ebsco.uam.elogim.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2085530  |z Texto completo 
938 |a EBSCOhost  |b EBSC  |n 2085530 
938 |a YBP Library Services  |b YANK  |n 16118163 
994 |a 92  |b IZTAP