Author : Shuntaro Shishido
Publisher : World Scientific
Page : 200 pages
File Size : 38,26 MB
Release : 2019-02-27
Category : Business & Economics
ISBN : 9813278234
The book describes the structure of the Keynes-Leontief Model (KLM) of Japan and discusses how the Japanese economy can overcome the long-term economic deflation that has taken place since the mid-1990s. The large-scale econometric model and its analysis have been important for planning several policy measures and examining the economic structure of a country. However, it seems that the development and maintenance of the KLM would be very costly. The book discusses how the KLM is developed and employed for the policy analyses.