| Description |
1 online resource (25 pages) : charts. |
| Physical Medium |
polychrome |
| Description |
text file |
| Series |
IMF working paper ; WP/12/197
|
|
IMF working paper ; WP/12/197.
|
| Note |
Title from PDF title page (IMF Web site, viewed Aug. 2, 2012). |
| Summary |
"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]. |
| Bibliography |
Includes bibliographical references (pages 20-21). |
| Note |
"Asia and Pacific Department." |
|
"August 2012." |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Fiscal policy -- Japan.
|
|
Fiscal policy. |
|
Japan. |
|
Pensions -- Japan.
|
|
Pensions. |
|
Social security -- Japan.
|
|
Social security. |
|
Equality -- Japan.
|
|
Equality. |
|
Intergenerational relations -- Japan.
|
|
Intergenerational relations. |
| Genre/Form |
Electronic books.
|
| Subject |
Intergenerational relationships. |
| Added Author |
International Monetary Fund. Asia and Pacific Department.
|
| ISBN |
1475522835 electronic book |
|
9781475522839 electronic book |
|
