Intergenerational implications of fiscal consolidation in Japan /:
"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 conso...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Körperschaft: | |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
|
| Schriftenreihe: | IMF working paper ;
WP/12/197. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "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 |
| Beschreibung: | Title from PDF title page (IMF Web site, viewed August 2, 2012). "Asia and Pacific Department." "August 2012." |
| Beschreibung: | 1 online resource (25 pages) : charts |
| Bibliographie: | Includes bibliographical references (pages 20-21). |
| ISBN: | 1475522835 9781475522839 1475505477 9781475505474 1475588437 9781475588439 1475535309 9781475535303 |
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| 100 | 1 | |a Tokuoka, Kiichi, |e author. |0 http://id.loc.gov/authorities/names/no2009126463 | |
| 245 | 1 | 0 | |a Intergenerational implications of fiscal consolidation in Japan / |c prepared by Kiichi Tokuoka. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2012. | ||
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| 500 | |a Title from PDF title page (IMF Web site, viewed August 2, 2012). | ||
| 520 | |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 | ||
| 504 | |a Includes bibliographical references (pages 20-21). | ||
| 500 | |a "Asia and Pacific Department." | ||
| 500 | |a "August 2012." | ||
| 505 | 0 | |a Cover; Contents; I. Introduction; II. Simulation Analysis and Discussion; Figures; 1. Overview of Japan's Public Finances; 2. Intergenerational Resource Imbalance; 3. Macroeconomic Implications of Fiscal Consolidation; Tables; 1. Summary of Measures; 2. Two Options for Structural Fiscal Adjustment; 4. Resource Implications of Fiscal Adjustment; 5. Costs of Delaying Fiscal Adjustment; III. Other Issues; IV. Conclusions; Box; 1. Public Pension System in Japan; References; Appendix; I. Parameter Values and Key Simulation Assumptions. | |
| 546 | |a English. | ||
| 650 | 0 | |a Fiscal policy |z Japan. | |
| 650 | 0 | |a Pensions |z Japan. | |
| 650 | 0 | |a Social security |z Japan. | |
| 650 | 0 | |a Equality |z Japan. | |
| 650 | 0 | |a Intergenerational relations |z Japan. | |
| 650 | 6 | |a Politique fiscale |z Japon. | |
| 650 | 6 | |a Pensions |z Japon. | |
| 650 | 6 | |a Sécurité sociale |z Japon. | |
| 650 | 6 | |a Relations entre générations |z Japon. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Public Finance. |2 bisacsh | |
| 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 | |
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| author | Tokuoka, Kiichi |
| author_GND | http://id.loc.gov/authorities/names/no2009126463 |
| author_corporate | International Monetary Fund. Asia and Pacific Department |
| author_corporate_role | |
| author_facet | Tokuoka, Kiichi International Monetary Fund. Asia and Pacific Department |
| author_role | aut |
| author_sort | Tokuoka, Kiichi |
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| building | Verbundindex |
| bvnumber | localFWS |
| callnumber-first | H - Social Science |
| callnumber-label | HG3881 |
| callnumber-raw | HG3881.5.I58 W67 No. 12/197eb HJ1391 .T65 2012eb online |
| callnumber-search | HG3881.5.I58 W67 No. 12/197eb HJ1391 .T65 2012eb online |
| callnumber-sort | HG 43881.5 I58 W67 NO 212 3197EB |
| callnumber-subject | HG - Finance |
| collection | ZDB-4-EBA |
| contents | Cover; Contents; I. Introduction; II. Simulation Analysis and Discussion; Figures; 1. Overview of Japan's Public Finances; 2. Intergenerational Resource Imbalance; 3. Macroeconomic Implications of Fiscal Consolidation; Tables; 1. Summary of Measures; 2. Two Options for Structural Fiscal Adjustment; 4. Resource Implications of Fiscal Adjustment; 5. Costs of Delaying Fiscal Adjustment; III. Other Issues; IV. Conclusions; Box; 1. Public Pension System in Japan; References; Appendix; I. Parameter Values and Key Simulation Assumptions. |
| ctrlnum | (OCoLC)803657507 |
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| dewey-raw | 336.52 |
| dewey-search | 336.52 |
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| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| geographic | Japan fast https://id.oclc.org/worldcat/entity/E39PBJkT7GyCmyjxytDfqk6Yfq |
| geographic_facet | Japan |
| id | ZDB-4-EBA-ocn803657507 |
| illustrated | Illustrated |
| indexdate | 2024-11-27T13:24:52Z |
| institution | BVB |
| institution_GND | http://id.loc.gov/authorities/names/no97006778 |
| isbn | 1475522835 9781475522839 1475505477 9781475505474 1475588437 9781475588439 1475535309 9781475535303 |
| language | English |
| oclc_num | 803657507 |
| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (25 pages) : charts |
| psigel | ZDB-4-EBA |
| publishDate | 2012 |
| publishDateSearch | 2012 |
| publishDateSort | 2012 |
| publisher | International Monetary Fund, |
| record_format | marc |
| series | IMF working paper ; |
| series2 | IMF working paper ; |
| spelling | Tokuoka, Kiichi, author. http://id.loc.gov/authorities/names/no2009126463 Intergenerational implications of fiscal consolidation in Japan / prepared by Kiichi Tokuoka. [Washington, D.C.] : International Monetary Fund, ©2012. 1 online resource (25 pages) : charts text txt rdacontent computer c rdamedia online resource cr rdacarrier polychrome rdacc http://rdaregistry.info/termList/RDAColourContent/1003 illustration rdaill text file rdaft IMF working paper ; WP/12/197 Title from PDF title page (IMF Web site, viewed August 2, 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). "Asia and Pacific Department." "August 2012." Cover; Contents; I. Introduction; II. Simulation Analysis and Discussion; Figures; 1. Overview of Japan's Public Finances; 2. Intergenerational Resource Imbalance; 3. Macroeconomic Implications of Fiscal Consolidation; Tables; 1. Summary of Measures; 2. Two Options for Structural Fiscal Adjustment; 4. Resource Implications of Fiscal Adjustment; 5. Costs of Delaying Fiscal Adjustment; III. Other Issues; IV. Conclusions; Box; 1. Public Pension System in Japan; References; Appendix; I. Parameter Values and Key Simulation Assumptions. English. Fiscal policy Japan. Pensions Japan. Social security Japan. Equality Japan. Intergenerational relations Japan. Politique fiscale Japon. Pensions Japon. Sécurité sociale Japon. Relations entre générations Japon. BUSINESS & ECONOMICS Public Finance. bisacsh Equality fast Fiscal policy fast Intergenerational relations fast Pensions fast Social security fast Japan fast https://id.oclc.org/worldcat/entity/E39PBJkT7GyCmyjxytDfqk6Yfq International Monetary Fund. Asia and Pacific Department. http://id.loc.gov/authorities/names/no97006778 has work: Intergenerational implications of fiscal consolidation in Japan (Text) https://id.oclc.org/worldcat/entity/E39PCG7yWDJPRWyrqWHFqcy7h3 https://id.oclc.org/worldcat/ontology/hasWork 1-4755-2283-5 1-4755-0547-7 IMF working paper ; WP/12/197. http://id.loc.gov/authorities/names/no89010263 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=568164 Volltext |
| spellingShingle | Tokuoka, Kiichi Intergenerational implications of fiscal consolidation in Japan / IMF working paper ; Cover; Contents; I. Introduction; II. Simulation Analysis and Discussion; Figures; 1. Overview of Japan's Public Finances; 2. Intergenerational Resource Imbalance; 3. Macroeconomic Implications of Fiscal Consolidation; Tables; 1. Summary of Measures; 2. Two Options for Structural Fiscal Adjustment; 4. Resource Implications of Fiscal Adjustment; 5. Costs of Delaying Fiscal Adjustment; III. Other Issues; IV. Conclusions; Box; 1. Public Pension System in Japan; References; Appendix; I. Parameter Values and Key Simulation Assumptions. Fiscal policy Japan. Pensions Japan. Social security Japan. Equality Japan. Intergenerational relations Japan. Politique fiscale Japon. Pensions Japon. Sécurité sociale Japon. Relations entre générations Japon. BUSINESS & ECONOMICS Public Finance. bisacsh Equality fast Fiscal policy fast Intergenerational relations fast Pensions fast Social security fast |
| 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 | Fiscal policy Japan. Pensions Japan. Social security Japan. Equality Japan. Intergenerational relations Japan. Politique fiscale Japon. Pensions Japon. Sécurité sociale Japon. Relations entre générations Japon. BUSINESS & ECONOMICS Public Finance. bisacsh Equality fast Fiscal policy fast Intergenerational relations fast Pensions fast Social security fast |
| topic_facet | Fiscal policy Japan. Pensions Japan. Social security Japan. Equality Japan. Intergenerational relations Japan. Politique fiscale Japon. Pensions Japon. Sécurité sociale Japon. Relations entre générations Japon. BUSINESS & ECONOMICS Public Finance. Equality Fiscal policy Intergenerational relations Pensions Social security Japan |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=568164 |
| work_keys_str_mv | AT tokuokakiichi intergenerationalimplicationsoffiscalconsolidationinjapan AT internationalmonetaryfundasiaandpacificdepartment intergenerationalimplicationsoffiscalconsolidationinjapan |