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What Lessons Can Be Drawn from Japan’s High Debt-to-GDP Ratio?

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Abstract
Taking into account other public liabilities and assets can provide a clearer picture when comparing Japan’s debt-to-GDP ratio with that of the U.S.

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  • YiLi Chien & Ashley Stewart, 2023. "What Lessons Can Be Drawn from Japan’s High Debt-to-GDP Ratio?," On the Economy 97371, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:97371
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    File URL: https://www.stlouisfed.org/on-the-economy/2023/nov/what-lessons-drawn-japans-high-debt-gdp-ratio
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    Keywords

    Japan; debt-to-GDP ratio;

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