Government Deficits in an Aging Japan

  • Ryuta Ray Kato
Part of the Research Monographs in Japan-U.S. Business & Economics book series (JUSB, volume 7)


This chapter examines the effects of government deficits and public pension policies on the tax burden, capital accumulation and economic welfare in the transition to an aging Japan by applying a simulated method in the expanded life cyclegeneral equilibrium growth model.


Government Debt Public Pension Government Deficit Public Pension Fund High Steady State Level 
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© Springer Science+Business Media New York 2002

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  • Ryuta Ray Kato

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