Fiscal Remedies for Japan's Slump
Published Date
Copyright 2006
ISBN 9780226378978
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Copy CitationLaurence M. Ball, Monetary Policy with Very Low Inflation in the Pacific Rim (University of Chicago Press, 2006), chap. 7, https://www.nber.org/books-and-chapters/monetary-policy-very-low-inflation-pacific-rim/fiscal-remedies-japans-slump.
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Published From Paper
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Working Paper
This paper asks how a fiscal expansion would affect Japan. It uses a textbook-style macro model calibrated to fit the...