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Why Has Japan's Massive Government Debt Not Wreaked Havoc (Yet)?

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NBER2013-10-01 更新2025-01-04 收录
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In this paper, we present data on trends over time in government debt financing in Japan since 2010 with emphasis on the importance of foreign holders and speculate about the determinants of those trends. We find that Japanese government securities were held primarily by domestic holders until

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2013-10-01
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