@article{oai:nagoya.repo.nii.ac.jp:00007151,
 author = {柳原, 光芳 and YANAGIHARA, Mitsuyoshi and 篠崎, 剛 and SHINOZAKI, Tsuyoshi},
 issue = {2},
 journal = {経済科学},
 month = {Sep},
 note = {The objective of this paper is, using Japan’s macroeconomic and fiscal data, to calibrate the effects of the reforms in government expenditure and public pension on GDP, tax revenue and the welfare levels when public debts are assumed to be constant, within a framework of an overlapping generations model. Our main findings are: (i) in the short-run, the welfare levels in the case of low population growth rate become higher than that in the case of high population growth rate, however, in the long-run, this result becomes the other way around, (ii) the level of the tax revenue, in the long-run, must be higher compared to the present level, and (iii) from the viewpoint of the maximum sustainable public debt, the present level of capital stock might be “over-accumulated.”},
 pages = {25--37},
 title = {日本における政府支出・公的年金改革のマクロ経済への影響 - 公債維持政策下での数量分析 -},
 volume = {55},
 year = {2007}
}