Robin Harding
@robinh.bsky.social
Asia Editor for the Financial Times. When I can, I write about economics.
Perhaps there is already an answer in the literature in which case I'd love to be pointed in the right direction. Otherwise, a research paper for someone.
April 4, 2025 at 2:43 AM
Perhaps there is already an answer in the literature in which case I'd love to be pointed in the right direction. Otherwise, a research paper for someone.
This has occurred to me before in the context of Japan's Government Pension Investment Fund. At any point, Japan could use ¥1 from the fund to pay down ¥1 of debt, or borrow ¥1 to buy more assets for the fund. What rule describes the optimal size of the GPIF?
April 4, 2025 at 2:42 AM
This has occurred to me before in the context of Japan's Government Pension Investment Fund. At any point, Japan could use ¥1 from the fund to pay down ¥1 of debt, or borrow ¥1 to buy more assets for the fund. What rule describes the optimal size of the GPIF?
One question. There is masses of economics lit about deficits and optimal public debt (Modigliani, Feldstein, Barro, Buiter, Blanchard etc) but I couldn't find much on the following question: when does it make sense for the state to borrow $1 and buy $1 of financial assets?
April 4, 2025 at 2:39 AM
One question. There is masses of economics lit about deficits and optimal public debt (Modigliani, Feldstein, Barro, Buiter, Blanchard etc) but I couldn't find much on the following question: when does it make sense for the state to borrow $1 and buy $1 of financial assets?
The case reminds me of similar mass killings in Japan such as the terrible Kyoto Animation arson-murders in 2018. on.ft.com/40OBNTp 2/2
Anime arson strikes fear into Japanese society
[FREE TO READ] Deaths at Kyoto studio prompt angst over mass killings as ‘personal terrorism’
on.ft.com
November 15, 2024 at 2:53 AM
The case reminds me of similar mass killings in Japan such as the terrible Kyoto Animation arson-murders in 2018. on.ft.com/40OBNTp 2/2