Japanese fiscal reform: Fiscal reconstruction and fiscal policy

Toshihiro Ihori, Takero Doi, Hiroki Kondo

Research output: Contribution to journalArticle

22 Citations (Scopus)

Abstract

This paper evaluates the recent movement of Japanese fiscal reform. We first summarize fiscal policy in 1990s. Then, we investigate several relevant topics of fiscal policy such as the macroeconomic impact of government debt and the sustainability problem. We then consider dynamic properties of fiscal reconstruction process by analyzing the dynamic game among various interest groups. This paper points out that the long-run structural reform is more important than the short-run Keynesian policy in Japan.

Original languageEnglish
Pages (from-to)351-370
Number of pages20
JournalJapan and the World Economy
Volume13
Issue number4
DOIs
Publication statusPublished - 2001 Dec

Fingerprint

fiscal policy
reconstruction
reform
structural reform
interest group
macroeconomics
indebtedness
Japan
sustainability
Fiscal reform
Fiscal reconstruction
Fiscal policy
Sustainability
Government debt
Structural reforms
Macroeconomic impacts
Dynamic games
Interest groups
Short-run

Keywords

  • D62
  • F13
  • Fiscal policy
  • Fiscal reconstruction
  • Fiscal structural reform
  • H41

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

Cite this

Japanese fiscal reform : Fiscal reconstruction and fiscal policy. / Ihori, Toshihiro; Doi, Takero; Kondo, Hiroki.

In: Japan and the World Economy, Vol. 13, No. 4, 12.2001, p. 351-370.

Research output: Contribution to journalArticle

Ihori, Toshihiro ; Doi, Takero ; Kondo, Hiroki. / Japanese fiscal reform : Fiscal reconstruction and fiscal policy. In: Japan and the World Economy. 2001 ; Vol. 13, No. 4. pp. 351-370.
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