文献一覧: 鹿児島国際大学 (出版者)

1 0 0 0 OA ESPと記憶 (1)

著者: 萩尾重樹
出版者: 鹿児島国際大学
雑誌: 鹿兒島経大論集 (ISSN:02880741)
巻号頁・発行日: vol.19, no.4, pp.115-135, 1979-03-15

2010-05-04 16:42:29
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https://ci.nii.ac.jp/naid/110004671494

1 0 0 0 OA ESPと記憶 (2) : 実験的研究の展望

著者: 萩尾重樹
出版者: 鹿児島国際大学
雑誌: 鹿兒島経大論集 (ISSN:02880741)
巻号頁・発行日: vol.20, no.1, pp.115-133, 1979-04-15

2010-05-04 16:37:40
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https://ci.nii.ac.jp/naid/110004671688

1 0 0 0 OA 政府債務の持続可能性について : 平準化仮説からのアプローチ

著者: 加藤久和
出版者: 鹿児島国際大学
雑誌: 地域経済政策研究 (ISSN:13458795)
巻号頁・発行日: vol.4, pp.35-52, 2004-03-31

In 2002 fiscal year, long-term public debt of Japanese government has reached almost 611 trillion yen. The purpose of this paper is to inspect the sustainability of this public debt of the Japanese government considering the fiscal operation from postwar. We can define the sustainability as that the government should satisfy its intertemporal budget constraints. To test this sustainability condition, although there are some empirical methods to inspect this problem and many empirical research results are reported, we present a new method applying smoothing hypothesis in this paper. We conduct the conditions to satisfy the sustainability from the specific relation between the second-order increments of the series of the public debt and its expected value, and apply this method to time series data. The result of the empirical investigation shows that the sustainability condition has not satisfied using the data from 1956 to 2002. However, using data from 1966 to 1992, we can conclude the Japanese government keep its intertemporal budget constrains. From these results, the cause of to dissatisfy sustainability are attributed to the government fiscal operation after 1992.

2010-03-28 16:49:33
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https://ci.nii.ac.jp/naid/110004671083

1 0 0 0 OA バブル期の日銀の金融政策について

著者: 衣川恵
出版者: 鹿児島国際大学
雑誌: 地域経済政策研究 (ISSN:13458795)
巻号頁・発行日: vol.4, pp.53-65, 2004-03-31

The Japanese economy in the latter half of the 1980s was a bubble economy of historical scale. Thereafter the Japanese economy was destructively damaged by the bubble economy. I think that one of the factors of the bubble economy was the monetary policy of the Bank of Japan in those days. The Bank of Japan did not raise its official discount rate till the end of May in 1989, though the bubble of asset prices expanded extraordinarily. The Bank of Japan attached great importance to 'price stability'. In the latter half of the 1980s, prices stabilized because of the yen's appreciation. So the Bank of Japan did not raise the official discount rate. I think that this stance by the Bank of Japan was not sound. Whatever prices are stabilizing, the Bank of Japan has to operate its monetary policy for other economic phenomena like the bubble. In my opinion, the Bank of Japan should change its stance in the monetary policy. And the Law of the Bank of Japan should be revised from this point of view.