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A Role of public finance in the Ghatak and Jiang model a comment

Author

Listed:
  • Katsunori Yamada

    (Japan Society for the Promotion of Science)

Abstract

This paper proposes that a public finance system can Pareto-improve a version of the economy in Ghatak and Jiang (2002). Our discussion relates to the controversial issue of wealth inequality in Japan. Its implications are important for consideration during administrative reform by the Koizumi Cabinet.

Suggested Citation

  • Katsunori Yamada, 2006. "A Role of public finance in the Ghatak and Jiang model a comment," Economics Bulletin, AccessEcon, vol. 4(38), pages 1-10.
    • Handle: RePEc:ebl:ecbull:eb-06d30002
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    File URL: http://www.accessecon.com/pubs/EB/2006/Volume4/EB-06D30002A.pdf
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    Cited by:

    1. Luca ONORANTE & Marco J. LOMBARDI, 2010. "The Emergence and Survival of Inflation Expectations," EcoMod2010 259600124, EcoMod.

    More about this item

    JEL classification:

    • D3 - Microeconomics - - Distribution
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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