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Japan's Inflation Is Hidden behind Central Bank–Financed Subsidies

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Tags Money and Banks

01/25/2022Taiki MuraiGunther Schnabl

Overall, at least 50 percent of the consumer price index in Japan appears to be government controlled, which is reflected in the significant growth of government spending on subsidies.

Original Article: "Japan's Inflation Is Hidden behind Central Bank–Financed Subsidies"

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Authors:

Taiki Murai

Taiki Murai is research assistant at the Institute for Economic Policy of Leipzig University.

Contact Gunther Schnabl

Gunther Schnabl is a professor of international economics and economic policy in the department of economics at Leipzig University, Germany.

Original Article: 
Japan's Inflation Is Hidden behind Central Bank–Financed Subsidies
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