Japan's low-rate policies on its government and households. Because of the duration mismatch on the government balance sheet …

-2004. First, we find that the Bank of Japan's policy commitment to continuing monetary easing until some prespecified conditions … sloping, indicating that the Bank of Japan's commitment failed to have su.cient influence on the market's expectations about …

We analyze fiscal policy and fiscal sustainability in Japan using a variant of the methodology developed in Blanchard … (1990). We find that Japan can achieve fiscal sustainability over a 100-year horizon with relatively small changes in the …. This means that monetization of the debt will have little impact on Japan's fiscal sustainability because Japan's problem …

In this paper, we estimate government purchase multipliers for Japan, following the approach used previously for a … a sample period extending from 1960 to 2012, estimates for Japan are quite consistent with those previously estimated … Japan make the dating of recessions a challenge …

Past government spending in Japan is currently imposing a significant fiscal burden that is reflected in a net debt to …

targeted-inflation regime and a deflation regime and fit it to data from the U.S. and Japan. For the U.S. we find that adverse … subsequently. In contrast, Japan has experienced a switch to the deflation regime in 1999 and remained there since then, except for … effect in the deflation regime (Japan) …

We construct quarterly series of the revenues, expenditures, and debt outstanding for Japan from 1980 to 2010, and …

authority of Japan because it has accumulated the debt outstanding much more than other countries …The purpose of this paper is to analyze sustainability issues of Japan's fiscal policy and then to discuss the debt …