Should We Be Concerned about the High Burden of Public Debt? Lessons from the Japanese Case (notice n° 698069)
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| fixed length control field | 01238cam a2200169 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121212426.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Brender, Anton |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Should We Be Concerned about the High Burden of Public Debt? Lessons from the Japanese Case |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2022.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 13 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The steady rise in Japanese public debt is regularly a concern. Its role in managing the macroeconomic equilibrium – preventing growth from being stifled by an excess of private saving – is more rarely stressed. As long as private agents continue to want to spend less than they earn and to accumulate debt claims, it is futile to hope for a rapid fall in Japan’s public debt to GDP ratio. Still, the government faces a major challenge: being able to generate budget surpluses tomorrow if private agents decide to spend more than they earn by drawing on the deposits they have accumulated.Classification JEL: H50, H54, H60, H62, H63, H68. |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Pisani, Florence |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d'économie financière | 146 | 2 | 2022-10-20 | p. 121-138 | 0987-3368 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-financiere-2022-2-page-121?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-financiere-2022-2-page-121?lang=en&redirect-ssocas=7080</a> |
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