2026-03-11T13:56:20Z https://barrel.repo.nii.ac.jp/oai

oai:barrel.repo.nii.ac.jp:00003714 2025-02-17T07:18:29Z 145

A Dynamic Model of Fiscal Reconstruction Ihori, Toshihiro 7949 Itaya, Jun-ichi 7950 331.19 345.71 経済学 fiscal reconstruction dynamic provision welfare This paper investigates dynamic properties of fiscal reconstruction by analyzing the infinite duration dynamic game among various interest groups with a framework of voluntary acceptance of tax burden. By comparing the first best solution, the open-loop solution under enforceable commitments, and the closed-loop solution without commitment, we explore the free riding aspect of fiscal reconstruction process and investigate the normative role of consumption taxes to internalize the free riding problem. We also derive explicitly the adjustment speeds of fiscal reconstruction under alternative solutions and examine the impact of consumption taxes on the adjustment speed. technical report 小樽商科大学ビジネス創造センター 1997-04 VoR application/pdf Discussion paper series 40 1 33 https://barrel.repo.nii.ac.jp/record/3714/files/DP_40.PDF http://hdl.handle.net/10252/4227 https://barrel.repo.nii.ac.jp/records/3714 eng