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
The University of the Free State
Fiscal Policy Reaction in Japan
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-Japan is one of the OECD countries with the highest public debt/GDP ratio (Burger, unpublished article)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