How Long to Read Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them?

By Mariana Colacelli

How Long Does it Take to Read Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them??

It takes the average reader and 44 minutes to read Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them? by Mariana Colacelli

Assuming a reading speed of 250 words per minute. Learn more

Description

Yes, partly. This paper studies the potential role of structural reforms in improving Japan’s outlook using the IMF’s Global Integrated Monetary and Fiscal Model (GIMF) with newly-added demographic features. Implementation of a not-fully-believed path of structural reforms can significantly offset the adverse effect of Japan’s demographic headwinds — a declining and ageing population — on real GDP (by about 15 percent in the next 40 years), but would not boost inflation or contribute substantially to stabilizing public debt. Alternatively, implementation of a fully-credible structural reform program can contribute significantly to stabilizing public debt because of the resulting increase in inflation towards the Bank of Japan’s target, while achieving the same positive long-run effects on real GDP. If no reforms are implemented, severe demographic headwinds are expected to reduce Japan’s real GDP by over 25 percent in the next 40 years.

How long is Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them??

Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them? by Mariana Colacelli is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them? Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them? aloud.

What Reading Level is Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them??

Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them? is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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