The University of the Free State. Fiscal Policy Reaction in Japan. Presentation by Evelina Niishinda B.Com Honours: Economics 29 October 2010. Structure of presentation. Objectives Literature Method Empirical results Conclusion. I. Objectives. Primary objective
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Presentation by EvelinaNiishinda
B.Com Honours: Economics
29 October 2010
-Japan is one of the OECD countries with the highest public debt/GDP ratio (Burger, unpublished article)
- >0: government respond to increase in public debt/GDP ratio by increasing primary surplus.
Table 2, GMM estimation.
Table 3:Vector Auto Regression estimates. In parenthesis, t-ratios