The Role of Fiscal Policy in Japan: a Quantitative Study

Fabrizio Perri

New York University, Leonard N. Stern School Finance Department Working Paper Seires from New York University, Leonard N. Stern School of Business-

Abstract: We analyze the role of fiscal policy in the recent slowdown in Japan. A dynamic general equilibrium model is developed in which fiscal policy can have both expansionary effects (through increasing returns) and contractionary effects (through the increase of public debt and tax burden).

Keywords: FISCAL POLICY; JAPAN; ECONOMICS (search for similar items in EconPapers)
JEL-codes: E52 O53 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1999
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Citations: View citations in EconPapers (2)

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Journal Article: The role of fiscal policy in Japan: a quantitative study (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:nystfi:99-16

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