課税平準化と日本の財政

Tax Smoothing and Public Finance Policy in Japan

畑農, 鋭矢

Hatano, Toshiya

The purpose of this study is to examine 'Tax Smoothing' hypothesis in Japan. If this hypothesis is appropriate, we should not be anxious about fiscal deficit, because the deficit reduces the frictions and plays a role of cushion for business cycles. In other words, a temporary fall in incomes or/and rise in government expenditures make fiscal deficit in order to minimize the deadweight losses. Over the past few decades, several studies have been concluded on 'Tax Smoothing' hypothesis by the data, and rejected the idea that the government smoothes the tax rate in Japan. However, the question now arises : Which is false, theory or empirical analysis. In this paper, I demonstrate that the conclusion is influenced by the data of fiscal debt and the definition of government. That is to say, 'Tax Smoothing' hypothesis is consistent with the data in some cases.

https://opac.ll.chiba-u.jp/da/curator/900020800/

https://opac.ll.chiba-u.jp/da/curator/900020800/KJ00000171388.pdf

Departmental Bulletin Paper

0912-7216

AN10005358

千葉大学経済研究 = Economic journal of Chiba University

16

2

435

454

2001-09-26

publisher

Economic journal of Chiba University (ONLINE ISSN 2436-8873)