Fiscal Reconstruction

  • Toshihiro Ihori
  • Takero Doi
  • Hiroki Kondo
Part of the Research Monographs in Japan-U.S. Business & Economics book series (JUSB, volume 7)


We have shown that Barro’s neutrality does not hold perfectly in Japan (chapter 2) and there exists a serious concern with the sustainability of fiscal policy in the 1990s (chapter 4). Hence, it is important to reduce government deficits in the long run.


Central Government Public Investment Labor Income Public Debt Dynamic Game 
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Copyright information

© Springer Science+Business Media New York 2002

Authors and Affiliations

  • Toshihiro Ihori
  • Takero Doi
  • Hiroki Kondo

There are no affiliations available

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