Braun, R. Anton (contributor); Ikeda, Daisuke (contributor); … - 2006
growth rates of
output of 4 percent per year.
11We do not explore the implications of changes in fiscal policy or the … depreciation
rate. We are pursuing the effects of changes in fiscal policy, including those arising from
demographic change, in … Japanese saving and interest rates, we also
permit time variation in the depreciation rate and various indicators of fiscal …