Consumption Externalities, Government Financing Methods and Economic Instability

• Project/Area Number: 24530206
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic theory
• Research Institution: Ritsumeikan University
• Principal Investigator: Gokan Yoichi 立命館大学, 経済学部, 教授 (30324502)
• Project Period (FY): 2012-04-01 – 2016-03-31
• Project Status: Completed (Fiscal Year 2015)
• Budget Amount: ¥4,940,000 (Direct Cost: ¥3,800,000、Indirect Cost: ¥1,140,000); Fiscal Year 2014: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000); Fiscal Year 2013: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000); Fiscal Year 2012: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
• Keywords: 労働所得税 / 資本所得税 / 累進性 / 非決定性 / 収束速度 / 消費税 / 消費の外部性 / 民間支出手段 / 政府の資金調達手段 / 所得税の累進性 / 政府の財源調達手段

Outline of Final Research Achievements

I focus on labor and capital income taxes and analyze the relations between these taxes and the probability of endogenous fluctuations. The investigation is conducted, based on Woodford's finance constrained model and two-sector RBC model. I wrote the two papers, which were published in Jounral of Macroeconomics and Studies in Nonlinear Dynamics and Econometrics.

Research Products

• [Journal Article] Indeterminacy, labor and capital income taxes, and nonlinear tax schedules (2013)
  • Author(s): Yoichi Gokan
  • Journal Title: Journal of Macroeconomics Volume: 36 Pages: 138-149
  • DOI: 10.1016/j.jmacro.2013.01.001
  • Peer Reviewed
• [Journal Article] lncome taxes and endogenous fluctuations: a generalizaiton (2013)
  • Author(s): Yoichi Gokan
  • Journal Title: Studies in Nonlinear Dynamics and Econometrics Volume: Ｆｏｒｔｈｃｏｍｉｎｇ
  • Peer Reviewed
• [Presentation] What kindred factors exert opposing influences on the speed of convergence ? (2014)
  • Author(s): 後閑 洋一
  • Organizer: PET14 Seattle (The Association for Public Economic Theory (APET))
  • Place of Presentation: Univercity of Washighton（USA)
  • Year and Date: 2014-07-13
• [Presentation] Dynamic Instability, Private Expenditure Funding and Nonlinear Income Taxes: A Comparison
  • Author(s): 後閑 洋一
  • Organizer: PET13（The Association for Public Economic Theory）
  • Place of Presentation: リスボン（ポルトガル）
• [Presentation] Balanced Budgets, Patterns of Aggregate Fluctuations and an Overlapping Generations Model with Externalities
  • Author(s): 後閑 洋一
  • Organizer: The 13th Annual SAET Conference
  • Place of Presentation: パリ（フランス）
• [Presentation] What kindred factors exert opposing influences on the speed of convergence ?
  • Author(s): 後閑 洋一
  • Organizer: キヤノングローバル戦略研究所のセミナー
  • Place of Presentation: キヤノングローバル戦略研究所（東京）
• [Presentation] Balanced Budgets, Patterns of Aggregate Fluctuations and an Overlapping Generations Model with Externalities
  • Author(s): Yoichi Gokan
  • Organizer: 21th Symposium of the Society for Nonlinear Dynamics and Econometrics
  • Place of Presentation: ミラノ（イタリア）
• [Presentation] Balanced Budgets, Patterns of Aggregate Fluctuations and an Overlapping Generations Model with Externalities
  • Author(s): Yoichi Gokan
  • Organizer: thirteenth annual conference (PET12)
  • Place of Presentation: 台北（台湾）
• [Presentation] Balanced Budgets, Patterns of Aggregate Fluctuations and an Overlapping Generations Model with Externalities
  • Author(s): Yoichi Gokan
  • Organizer: The Department of Economics Seminars Series
  • Place of Presentation: ケントブリッジ（シンガポール）
  • Invited