A Note on Public Debt Sustainability in an Economy with Declining Fertility (Revised version)

Material type: 文書・図像類

Author: Kondo, Atsumasa

Publisher: Center for Risk Research (CRR), Shiga University

Publication date: 2012-01

Material Format: Digital

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Note (General)：: type:Technical ReportThis note studies the relationship between population movement and a government's long-term fiscal health. It use an equilibrium ...

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Material Type: 文書・図像類
Title: A Note on Public Debt Sustainability in an Economy with Declining Fertility (Revised version)
Author/Editor: Kondo, Atsumasa
Author Heading: Kondo, Atsumasa
Publication, Distribution, etc.: Center for Risk Research (CRR), Shiga University
Publication Date: 2012-01
Publication Date (W3CDTF): 2012-01
Periodical title: CRR Discussion Paper, Series B
No. or year of volume/issue: No. B-4
Volume: No. B-4
Pages: 1-14
Text Language Code: eng
Subject Heading: public dept sustainability
population growth rate
No-Ponzi-game condition
dynamic general equilibrium
Target Audience: 一般
Note (General): type:Technical Report
This note studies the relationship between population movement and a government's long-term fiscal health. It use an equilibrium model with dynamic optimization to investigate a situation in which a government repays its fiscal liabilities using tax revenues. The focus is on an upper bound of fiscal liability, which is compatible with a No-Ponzi-game condition. The investigation deals, in particular, with how the upper bound depends on population size, population growth rate and primary fiscal balance per person.
identifier:CRR Discussion Paper, Series B, No. B-4, pp. 1-14 (No. B-3改訂版）
Access Restrictions: 限定公開
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 滋賀大学 : 滋賀大学学術情報リポジトリ