Intergenerational implications of fiscal consolidation in Japan:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C.]
International Monetary Fund
©2012
|
| Schriftenreihe: | IMF working paper
WP/12/197 |
| Schlagworte: | |
| Online-Zugang: | FAW01 FAW02 FLA01 |
| Beschreibung: | Title from PDF title page (IMF Web site, viewed Aug. 2, 2012). - "Asia and Pacific Department.". - "August 2012." "In Japan, intergenerational inequality in lifetime resources is substantial, with a heavier fiscal burden on the young than the old. Moreover, given the need for fiscal consolidation, the inequality is even worse than existing policy would suggest. However, this does not mean that fiscal consolidation would make the young worse off. Lack of fiscal consolidation would eventually increase interest rates, which would reduce output and hit young generations harder. Simulations using an overlapping generations model indicate that, from the perspective of intergenerational fairness, it would be desirable to include both social security spending reforms and revenue measures in a fiscal consolidation package. The simulations also show that delaying fiscal consolidation could be costly and worsen intergenerational resource inequality"--Page [1] Includes bibliographical references (pages 20-21) |
| Beschreibung: | 25 pages |
| ISBN: | 1475522835 9781475522839 |
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| 500 | |a Title from PDF title page (IMF Web site, viewed Aug. 2, 2012). - "Asia and Pacific Department.". - "August 2012." | ||
| 500 | |a "In Japan, intergenerational inequality in lifetime resources is substantial, with a heavier fiscal burden on the young than the old. Moreover, given the need for fiscal consolidation, the inequality is even worse than existing policy would suggest. However, this does not mean that fiscal consolidation would make the young worse off. Lack of fiscal consolidation would eventually increase interest rates, which would reduce output and hit young generations harder. Simulations using an overlapping generations model indicate that, from the perspective of intergenerational fairness, it would be desirable to include both social security spending reforms and revenue measures in a fiscal consolidation package. The simulations also show that delaying fiscal consolidation could be costly and worsen intergenerational resource inequality"--Page [1] | ||
| 500 | |a Includes bibliographical references (pages 20-21) | ||
| 650 | 7 | |a Equality |2 fast | |
| 650 | 7 | |a Fiscal policy |2 fast | |
| 650 | 7 | |a Intergenerational relations |2 fast | |
| 650 | 7 | |a Pensions |2 fast | |
| 650 | 7 | |a Social security |2 fast | |
| 650 | 7 | |a BUSINESS & ECONOMICS / Public Finance |2 bisacsh | |
| 650 | 4 | |a Soziale Sicherheit | |
| 650 | 4 | |a Wirtschaft | |
| 650 | 4 | |a Fiscal policy |z Japan | |
| 650 | 4 | |a Pensions |z Japan | |
| 650 | 4 | |a Social security |z Japan | |
| 650 | 4 | |a Equality |z Japan | |
| 650 | 4 | |a Intergenerational relations |z Japan | |
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Datensatz im Suchindex
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| author | Tokuoka, Kiichi |
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| dewey-ones | 336 - Public finance |
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| dewey-search | 336.52 |
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| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| id | DE-604.BV043786758 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:35:07Z |
| institution | BVB |
| isbn | 1475522835 9781475522839 |
| language | English |
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| publishDate | 2012 |
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| publisher | International Monetary Fund |
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| spelling | Tokuoka, Kiichi Verfasser aut Intergenerational implications of fiscal consolidation in Japan prepared by Kiichi Tokuoka [Washington, D.C.] International Monetary Fund ©2012 25 pages txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/12/197 Title from PDF title page (IMF Web site, viewed Aug. 2, 2012). - "Asia and Pacific Department.". - "August 2012." "In Japan, intergenerational inequality in lifetime resources is substantial, with a heavier fiscal burden on the young than the old. Moreover, given the need for fiscal consolidation, the inequality is even worse than existing policy would suggest. However, this does not mean that fiscal consolidation would make the young worse off. Lack of fiscal consolidation would eventually increase interest rates, which would reduce output and hit young generations harder. Simulations using an overlapping generations model indicate that, from the perspective of intergenerational fairness, it would be desirable to include both social security spending reforms and revenue measures in a fiscal consolidation package. The simulations also show that delaying fiscal consolidation could be costly and worsen intergenerational resource inequality"--Page [1] Includes bibliographical references (pages 20-21) Equality fast Fiscal policy fast Intergenerational relations fast Pensions fast Social security fast BUSINESS & ECONOMICS / Public Finance bisacsh Soziale Sicherheit Wirtschaft Fiscal policy Japan Pensions Japan Social security Japan Equality Japan Intergenerational relations Japan International Monetary FundXXbAsia and Pacific Department Sonstige oth |
| spellingShingle | Tokuoka, Kiichi Intergenerational implications of fiscal consolidation in Japan Equality fast Fiscal policy fast Intergenerational relations fast Pensions fast Social security fast BUSINESS & ECONOMICS / Public Finance bisacsh Soziale Sicherheit Wirtschaft Fiscal policy Japan Pensions Japan Social security Japan Equality Japan Intergenerational relations Japan |
| title | Intergenerational implications of fiscal consolidation in Japan |
| title_auth | Intergenerational implications of fiscal consolidation in Japan |
| title_exact_search | Intergenerational implications of fiscal consolidation in Japan |
| title_full | Intergenerational implications of fiscal consolidation in Japan prepared by Kiichi Tokuoka |
| title_fullStr | Intergenerational implications of fiscal consolidation in Japan prepared by Kiichi Tokuoka |
| title_full_unstemmed | Intergenerational implications of fiscal consolidation in Japan prepared by Kiichi Tokuoka |
| title_short | Intergenerational implications of fiscal consolidation in Japan |
| title_sort | intergenerational implications of fiscal consolidation in japan |
| topic | Equality fast Fiscal policy fast Intergenerational relations fast Pensions fast Social security fast BUSINESS & ECONOMICS / Public Finance bisacsh Soziale Sicherheit Wirtschaft Fiscal policy Japan Pensions Japan Social security Japan Equality Japan Intergenerational relations Japan |
| topic_facet | Equality Fiscal policy Intergenerational relations Pensions Social security BUSINESS & ECONOMICS / Public Finance Soziale Sicherheit Wirtschaft Fiscal policy Japan Pensions Japan Social security Japan Equality Japan Intergenerational relations Japan |
| work_keys_str_mv | AT tokuokakiichi intergenerationalimplicationsoffiscalconsolidationinjapan AT internationalmonetaryfundxxbasiaandpacificdepartment intergenerationalimplicationsoffiscalconsolidationinjapan |