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...
Call Number: | Libro Electrónico |
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Main Author: | |
Format: | Electronic eBook |
Language: | Inglés |
Published: |
[Washington, D.C.] :
International Monetary Fund,
[2019]
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Series: | IMF working paper ;
WP/19/31. |
Subjects: | |
Online Access: | Texto completo |