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Economic theory of fiscal sustainability: Labor market, policy making, and international capital market

Research Project

Project/Area Number 21K01472
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Review Section Basic Section 07040:Economic policy-related
Research InstitutionDoshisha University

Principal Investigator

Miyazawa Kazutoshi  同志社大学, 経済学部, 教授 (00329749)

Co-Investigator(Kenkyū-buntansha) 北浦 康嗣  法政大学, 社会学部, 教授 (90565300)
廣野 誠  徳島文理大学, 総合政策学部, 講師 (30885588)
Project Period (FY) 2021-04-01 – 2024-03-31
Project Status Completed (Fiscal Year 2023)
Budget Amount *help
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2023: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2022: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2021: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Keywords国債 / 年金 / 少子高齢化 / 教育 / 国際資本市場 / 国内労働市場 / 政策形成 / 人的資本 / 出生率 / 財政の持続可能性 / 労働市場
Outline of Research at the Start

初年度は,労働市場と政策形成に焦点を当て,財政の持続可能性に関する国内要因について研究する.理論ベースの研究であるため個別に研究を進めるが,研究会の開催を通して個別研究の進ちょく状況を把握するように努める.研究成果を国際学会で発表し,論文を海外学術誌に投稿する.
2年目は,国際資本市場に焦点を当てた外的要因の研究と国内要因の研究を並行して進める.定期的に研究会を開催し,進ちょく状況を把握する.研究成果を国際学会で発表し,論文を海外学術誌に投稿する.
3年目は,財政規律に関する客観指標を作成する.研究会の開催を通して情報を共有しながら共同作業を進める.研究成果を海外学術誌に発表する.

Outline of Final Research Achievements

The outputs of this research project are 8 papers and 2 conference reports (as of the end of May 2024). There are four peer-reviewed papers, including those accepted for publication. Among these, Miyazawa (2021) has been cited 5 times, and Hirono (2021) has been cited 3 times (as of the end of May 2024). I believe that these papers have had an impact on the field of economics in a relatively short period of time.
Although the purpose of this research project was to present research outputs regarding fiscal sustainability, we were unable to achieve sufficient research results at the end of the research period. We plan to publish additional research results regarding the relationship between the internationalization of capital markets and the national debt policies of each country.

Academic Significance and Societal Importance of the Research Achievements

本研究は,課税競争モデルを動学モデルに拡張した Miyazawa, Ogawa, and Tamai(2019)の研究の延長上にあり,理論面での貢献が大きいと考えられる.また,課税競争モデルは資本課税に焦点を当てることが多いが,本研究では各国の国内労働市場の差異に注目しており,理論面での貢献が期待できる.
さらに,本研究では,多国間の政策競争に加え,国内の政党間競争も併せて研究対象としており,技術的に克服すべき課題は多いものの,理論面での貢献は大きいと考えられる.また,各国の政策ルールを推計し,日本の財政規律に関する客観的指標を提示することで,社会に貢献できると考えている.

Report

(3 results)
  • 2023 Final Research Report ( PDF )
  • 2022 Research-status Report
  • 2021 Research-status Report
  • Research Products

    (9 results)

All 2023 2021 Other

All Journal Article (6 results) (of which Peer Reviewed: 2 results,  Open Access: 1 results) Presentation (1 results) Remarks (2 results)

  • [Journal Article] Pension Reforms, Population Aging, and Retirement Decision of the Elderly in a Neoclassical Growth Model2023

    • Author(s)
      Hirono Makoto, Mino Kazuo
    • Journal Title

      Macroeconomic Dynamics

      Volume: 27 Issue: 2 Pages: 275-296

    • DOI

      10.1017/s1365100521000390

    • Related Report
      2022 Research-status Report 2021 Research-status Report
    • Peer Reviewed / Open Access
  • [Journal Article] 大学授業料の上昇と賃金の二極化2023

    • Author(s)
      宮澤和俊
    • Journal Title

      経済学論叢(同志社大学)

      Volume: - Pages: 1-11

    • Related Report
      2022 Research-status Report
  • [Journal Article] Elderly empowerment, fertility, and public pensions2021

    • Author(s)
      Kazutoshi Miyazawa
    • Journal Title

      International Tax and Public Finance

      Volume: 28 Issue: 4 Pages: 941-964

    • DOI

      10.1007/s10797-020-09644-z

    • Related Report
      2021 Research-status Report
    • Peer Reviewed
  • [Journal Article] Higher Education, Performance Pay, and the Polarization of Wages2021

    • Author(s)
      Miyazawa Kazutoshi
    • Journal Title

      ERC Discussion Paper, Nagoya University

      Volume: E21-8 Pages: 1-13

    • NAID

      120007150164

    • Related Report
      2021 Research-status Report
  • [Journal Article] Urbanization and Political Redistribution2021

    • Author(s)
      Kuroda Tatsuaki, Miyazawa Kazutoshi, Naito Tohru
    • Journal Title

      Working Paper, Doshisha University

      Volume: 58 Pages: 1-18

    • Related Report
      2021 Research-status Report
  • [Journal Article] Higher Education and the Polarization of Wages2021

    • Author(s)
      Miyazawa Kazutoshi
    • Journal Title

      Working Paper, Doshisha University

      Volume: 59 Pages: 1-9

    • Related Report
      2021 Research-status Report
  • [Presentation] Higher Education, Performance Pay, and the Polarization of Wages2021

    • Author(s)
      宮澤和俊
    • Organizer
      日本応用経済学会
    • Related Report
      2021 Research-status Report
  • [Remarks] Nagoya Macroeconomics Workshop

    • URL

      https://sites.google.com/site/nagoyamacroeconomicsworkshop/home

    • Related Report
      2022 Research-status Report 2021 Research-status Report
  • [Remarks] Doshisha Economics Workshop

    • URL

      https://sites.google.com/site/doshishaew/

    • Related Report
      2022 Research-status Report 2021 Research-status Report

URL: 

Published: 2021-04-28   Modified: 2025-01-30  

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