It takes the average reader and 23 minutes to read Is Japan’s Population Aging Deflationary? by Mr. Derek Anderson
Assuming a reading speed of 250 words per minute. Learn more
Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the potential impact on inflation has been studied less. We use the IMF’s Global Integrated Fiscal and Monetary Model (GIMF) and find substantial deflationary pressures from aging, mainly from declining growth and falling land prices. Dissaving by the elderly makes matters worse as it leads to real exchange rate appreciation from the repatriation of foreign assets. The deflationary effects from aging are magnified by the large fiscal consolidation need. Many of these factors will beset...
Is Japan’s Population Aging Deflationary? by Mr. Derek Anderson is 23 pages long, and a total of 5,819 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read Is Japan’s Population Aging Deflationary? aloud.
Is Japan’s Population Aging Deflationary? is suitable for students ages 8 and up.
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