 | Demographics and the Housing Market: Japan's Disappearing Cities Author/Editor: Yuko Hashimoto, Gee Hee Hong, Xiaoxiao Zhang. Release Date:September, 2020 How does a shrinking population affect the housing market? In this study, drawing on Japan’s experience, we find that there exists an asymmetric relationship between housing prices and population more...
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| Independent Fiscal Councils: Recent Trends and Performance Author/Editor: Roel M W J Beetsma, Xavier Debrun, Xiangming Fang, Young Kim, Victor Duarte Lledo, Samba Mbaye, Xiaoxiao Zhang. Release Date:March, 2018 Countries increasingly rely on independent fiscal councils to constrain policymakers’ discretion and
curb the bias towards excessive deficits and pro-cyclical policies. Since fiscal councils more...
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