The effects and costs of economic policy in two financial crisis

Research Project

Project/Area Number	22730227
Research Category	Grant-in-Aid for Young Scientists (B)
Allocation Type	Single-year Grants
Research Field	Economic policy
Research Institution	Okayama University
Principal Investigator	TSURI Masao 岡山大学, 大学院・社会文化科学研究科, 准教授 (60401642)
Project Period (FY)	2010 – 2012
Project Status	Completed (Fiscal Year 2012)
Budget Amount *help	¥3,250,000 (Direct Cost: ¥2,500,000、Indirect Cost: ¥750,000) Fiscal Year 2012: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000) Fiscal Year 2011: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000) Fiscal Year 2010: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Keywords	財政政策 / 政府債務 / 物価変化率 / 金融危機 / 世界金融危機
Research Abstract	In this research, while the stimulus effect of the fiscal policy to such a monetary crisis was expected, on the other hand national government debts have been increased. This is because the financial crisis requires a lot of money to support the financial balance of the financial sector. This research analyzed the effect and relationship between a monetary crisis, fiscal policy, and the burden of government debts. Especially, this research analyzed the low interest rate and low inflation rates.As for the analysis of the inflation, the effect of price changes on government outstanding debts was estimated.