Income Distribution and Economic Growth of Japan Under the Deflationary Economy
Income Distribution and Economic Growth of Japan Under the Deflationary Economy

Author: Osamu Nakamura

Publisher: World Scientific

Published: 2013

Total Pages: 270

ISBN-13: 981443616X

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This book examines the causes of the Japanese deflationary economy, characterized as a structural deflation, and discusses how to alleviate the prolonged slowdown in order to restore Japan to a trajectory of high economic growth, with a special focus on the function of income distribution.

Income Distribution And Economic Growth Of Japan Under The Deflationary Economy: Theory And Evidence Based On An Econometric Analysis
Income Distribution And Economic Growth Of Japan Under The Deflationary Economy: Theory And Evidence Based On An Econometric Analysis

Author: Osamu Nakamura

Publisher: World Scientific

Published: 2013-03-25

Total Pages: 270

ISBN-13: 9814436178

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The Japanese economy has experienced a structural deflationary gap since the mid-1970s. Although the gap was decreasing in the bubble period, the deflationary economy has become more serious since the bursting of the bubble. Accordingly, this book attempts to examine the causes of the Japanese deflationary economy, characterized as a structural deflation and discusses how to alleviate the prolonged slowdown in order to restore Japan to a trajectory of high economic growth, with a special focus on the function of income distribution. In addition, not only income distribution flows but also accumulation of assets and debts in the household sector are taken into account for improving the prolonged economic stagnation of Japan by employing an econometric analysis with modeling and forecasting techniques. Furthermore, this book makes a long-term forecast of the Japanese economy, up to the fiscal year 2030, with policy scenario simulations in order to capture the long-term growth path of the Japanese economy and to analyze the effects of alternative policies on the economy.

Growth Alternatives Of The Japanese Economy: Structure And Simulations Of Dynamic Econometric Model With Input-output System (Demios)
Growth Alternatives Of The Japanese Economy: Structure And Simulations Of Dynamic Econometric Model With Input-output System (Demios)

Author: Shuntaro Shishido

Publisher: World Scientific

Published: 2019-02-27

Total Pages: 200

ISBN-13: 9813278234

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The book describes the structure of Keynes-Leontief Model (KLM) of Japan and discuss how the Japanese economy could overcome the long-term economic deflation since the mid-1990s. The large scale econometric model and its analysis have been important for planning several policy measures and examining the economic structure of a country. However, it seems that development and maintenance of the KLM would be very costly. The book discusses how the KLM is developed and employed for the policy analyses.

Disasters and Economic Recovery
Disasters and Economic Recovery

Author: Davia C. Downey

Publisher: Routledge

Published: 2021-07-05

Total Pages: 185

ISBN-13: 1000399443

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Disasters and Economic Recovery provides perspectives on the economic issues that emerge before, during, and after natural disasters in an international context, by assessing the economic development patterns that emerge before and after disaster. This book will provide a historical overview of emergency management policy and previous responses to disasters in each country, as well as the policy learning that occurred in each case leading up to the disasters under analysis. The book highlights four cases: New Orleans; Christchurch, New Zealand; the Japan earthquake and tsunami; and Hurricane Sandy in the Northeastern United States. The book places important focus on the specific collaborative developments unique to the rebuilding of each place’s economy post-disaster. Using time-series data, the book shows the emergence of new industries and job hiring patterns in the immediate aftermath, as well as provides a picture of the economic performance of each country in the years following each event. Looking at the economic development policies pre- and post-disaster, readers will glean important lessons on how to build resilient economies within the disaster framework, highlighting the differences in approaches to rebuilding local economies in places with varying levels of governmental capacity post-disaster to inform policymakers, scholars, and the disaster relief community as they plan their response to future disasters.

IMF Staff Papers
IMF Staff Papers

Author: International Monetary Fund. Research Dept.

Publisher: International Monetary Fund

Published: 1963-01-01

Total Pages: 229

ISBN-13: 1451956029

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This paper discusses effects of inflation on economic development. A mild inflation may well encourage little, or no, evasion of the “inflation tax.” On the other hand, a strong inflation, and frequently a mild one also, will lead to community reactions which have effects like those of widespread tax evasion. A development policy may have wider aims than the encouragement of a high level of investment. Inflation has two effects on the desire for liquidity, which are related to the two basic reasons why individuals and businesses wish to hold liquid assets—the speculative and precautionary motives. Inflation increases the value of effective liquidity, thereby raising the community's desire for it, but it makes the most generally accepted store of liquidity unacceptable sources of protection. The control of inflation is only one of the problems facing a government wishing to encourage rapid economic development. The fight against illiteracy, the reform of bureaucratic practices, the building of basic sanitary facilities for the eradication of endemic diseases, the substitution of competitive for monopolistic trade practices, the encouragement of a widespread spirit of entrepreneurship, and the creation of an adequate amount of social capital, may be important prerequisites for rapid growth.

Confronting Policy Challenges of the Great Recession
Confronting Policy Challenges of the Great Recession

Author: Eskander Alvi

Publisher: W.E. Upjohn Institute

Published: 2017-11-20

Total Pages: 152

ISBN-13: 0880996366

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This book presents a notable group of macroeconomists who describe the unprecedented events and often extraordinary policies put in place to limit the economic damage suffered during the Great Recession and then to put the economy back on track. Contributers include Barry Eichengreen; Gary Burtless; Donald Kohn; Laurence Ball, J. Bradford DeLong, and Lawrence H. Summers; and Kathryn M.E. Dominguez.