© 1996

Public Finance in an Overlapping Generations Economy


Table of contents

  1. Front Matter
    Pages i-xiii
  2. Toshihiro Ihori
    Pages 1-18
  3. Toshihiro Ihori
    Pages 19-41
  4. Toshihiro Ihori
    Pages 42-72
  5. Toshihiro Ihori
    Pages 73-98
  6. Toshihiro Ihori
    Pages 99-115
  7. Toshihiro Ihori
    Pages 116-143
  8. Toshihiro Ihori
    Pages 144-175
  9. Toshihiro Ihori
    Pages 176-197
  10. Toshihiro Ihori
    Pages 198-224
  11. Toshihiro Ihori
    Pages 225-241
  12. Toshihiro Ihori
    Pages 242-271
  13. Back Matter
    Pages 272-297

About this book


This book presents a theoretically-based comprehensive analysis of macroeconomic consequences of fiscal policy using a popular economic model: the overlapping generations growth model. A wide range of essential public finance issues is analyzed, including the effects of tax reform on dynamic efficiency, positive and normative effects of public spending, considerations of taxes on fixed assets and monetary holdings, and sustainability of deficits. A unique approach is applied in the study of public finance: one expected to generate substantial interest among current graduate students and active researchers.


fiscal policy growth macroeconomics money public finance

Authors and affiliations

  1. 1.Department of EconomicsUniversity of TokyoJapan

About the authors


Bibliographic information