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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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Han, Fei (Author)
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, [2019]
Series:IMF working paper ; WP/19/31.
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