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Policy Possibilities of the New Macroeconomics

Research Project

Project/Area Number 11630011
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeSingle-year Grants
Section一般
Research Field 経済理論
Research InstitutionOsaka University

Principal Investigator

FUTAGAMI Koichi  Osaka University, Graduate School of Economics, Professor, 大学院・経済学研究科, 教授 (30199400)

Co-Investigator(Kenkyū-buntansha) ONO Yoshiyasu  Osaka University, Institute of Social and Economic Research, Professor, 社会経済研究所, 教授 (70130763)
OHTAKE Fumio  Osaka University, Institute of Social and Economic Research, Professor, 社会経済研究所, 教授 (50176913)
IWAMOTO Yasushi  Kyoto University, Institute of Economic Research, Associate Professor, 経済学研究所, 助教授 (40193776)
MAEDA Yasuo  Osaka University, Graduate School of Economics, Professor, 大学院・経済学研究科, 教授 (60229317)
SHIBATA Akihisa  Kyoto University, Institute of Economic Research, Associate Professor, 経済学研究所, 助教授 (00216003)
大日 康史  大阪大学, 社会経済研究所, 助教授 (60223757)
斉藤 誠  大阪大学, 大学院・経済学研究科, 助教授 (10273426)
Project Period (FY) 1999 – 2001
Project Status Completed (Fiscal Year 2001)
Budget Amount *help
¥2,500,000 (Direct Cost: ¥2,500,000)
Fiscal Year 2001: ¥800,000 (Direct Cost: ¥800,000)
Fiscal Year 2000: ¥800,000 (Direct Cost: ¥800,000)
Fiscal Year 1999: ¥900,000 (Direct Cost: ¥900,000)
KeywordsGrowth / Patent / Government Bonds / Taxation / Capital Accumulation / Trade Union / Unemployment / Environment / Unemployment / Central Bank / Human Capital / Exchange rates / Asset Pricing / Price Floor / Price Ceiling / Public Input / 戦略的補完関係 / 不完備市場 / 財政金融政策 / 公的年金と経済成長 / 環境政策と経済成長
Research Abstract

We have had Macroeconomics Workshop 23 times from April 1999 to December 2001 and invited many researchers who are active in this field. Investigators who have taken a part of this project have been benefited from these researchers through the workshop.
It is agreed that fiscal policies should not be used for the stabilizing policies frequently, for example, for reducing the unemployment level but should be used for internalizing market failures. We have reached the following conclusion: Monetary policies should be used to stabilize the economy.
As for the labor market, it is shown that the larger retirement money the higher the cost of unemployment according to the worker discipline model. It is also shown that how long workers can get unemployment benefits is very important for unemployment policies.
We have come to conclude that coordination of expectation is very important. Failures of coordination may lead to low levels of employment and output. However, we have not had good policy recommendations in this respect until now. This is a promising subject for future researches.

Report

(4 results)
  • 2001 Annual Research Report   Final Research Report Summary
  • 2000 Annual Research Report
  • 1999 Annual Research Report
  • Research Products

    (12 results)

All Other

All Publications (12 results)

  • [Publications] 小野 善康: "Government Spending, Interest Rates, and Capital Accumulation in a two sector model"Canadian Journal of Economics. 34巻4号. 903-920 (2001)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2001 Final Research Report Summary
  • [Publications] 小野 哲生: "Pareto-improving Environmental Policiec in an Overlapping Generations Model"Japanese Economic Review. (印刷中).

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2001 Final Research Report Summary
  • [Publications] 祝迫 達郎: "Patent Policy in an Endogenous Growth Model"Journal of Economics. (印刷中).

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2001 Final Research Report Summary
  • [Publications] 岩本 康志: "経済政策とマクロ経済学"日本経済新聞社. 252 (1999)

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2001 Final Research Report Summary
  • [Publications] Ono Yoshiyasu: "Government Spending, Interest Rates, and Capital Accumulation in a Two Sector Models"Canadian Journal of Economics. Vol. 34, no. 4. 903-920 (2001)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2001 Final Research Report Summary
  • [Publications] Ono Tetsuo: "Pareto-improving Environment Policies in an Overlapping Generations Model"Japanese Economics Review. (forthcoming).

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2001 Final Research Report Summary
  • [Publications] Iwaisako Tatsuro: "Patent Policy in an Endogenous Growth Model"Journal of Economics (Zeitschrift fur Nationalokonomie). (forthcoming).

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2001 Final Research Report Summary
  • [Publications] Iwamoto Yasushi: "Economic Policy and Macroeconomics"Nihon Keizai Sinbunsha. 252 (1999)

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2001 Final Research Report Summary
  • [Publications] 小野善康: "Government Spending, Interest Rates, and Capital Accumulation in a two sector model"Canadian Journal of Economics. 34巻4号. 903-920 (2001)

    • Related Report
      2001 Annual Research Report
  • [Publications] 小野哲生: "Pareto-improving Environmental Policies in an Overlapping Generations Model"Japanese Economic Review. (公刊予定).

    • Related Report
      2001 Annual Research Report
  • [Publications] 祝迫達郎: "Patent Policy in an Endogenous Growth Model"Journal of Economics. (公刊予定).

    • Related Report
      2001 Annual Research Report
  • [Publications] 岩本康志,大竹文雄,斉藤誠,二神孝一: "経済政策とマクロ経済学"日本経済新聞社. 252 (1999)

    • Related Report
      1999 Annual Research Report

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Published: 1999-04-01   Modified: 2016-04-21  

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