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Monetary and Fiscal Policy

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Discussion Papers

"Monetary Policy Surprises and Interest Rates: Choosing between the Inflation-Revelation and Excess Sensitivity Hypotheses"
by THORBECKE, Willem (Senior Fellow, RIETI) and Hanjiang ZHANG (University of Texas)
August 2008

"Simulation Analysis of Debt Management Policies to Ensure the Sustainability of Japan's Public Debt"
by DOI Takero (Faculty Fellow, RIETI / Associate Professor, Faculty of Economics, Keio University)
April 6, 2006

"Monetary and Fiscal Policy in a Liquidity Trap: The Japanese Experience 1999-2004"
by IWAMURA Mitsuru, KUDO Takeshi and WATANABE Tsutomu
March 2005

"Monetary Policy in the Great Recession"
by ARAI Yoichi and HOSHI Takeo
July 2004

"Fiscal Rules and Public Expenditure Management - Case Study (2): New Zealand"
by TANAKA Hideaki, Consulting Fellow, RIETI
June 2004

"Fiscal Rules and Public Expenditure Management - Case Study (1): Australia"
by TANAKA Hideaki, Consulting Fellow, RIETI
May 2004

"Fiscal Consequences of Inflationary Policies"
by KOBAYASHI Keiichiro, Fellow, RIETI
September 2002

Policy Symposium, etc

BBL Seminars

"Public Finance Lessons from the US"
by Rudolph PENNER, Senior Fellow, Urban Institute
June 6, 2002

Fellows in the Press

"Laggard Structural Reform Hurts Society's Weak"
by KOBAYASHI Keiichiro, Fellow, RIETI
Tokyo Shimbun, February 12, 2004

"What Economics Can and Cannot Do"
by AOKI Masahiko, President and Chief Research Officer, RIETI
Japan Echo, June 2003

"Quicken Shift to a New Fiscal Framework: Flexible Implementation of Simplified Taxation System"
by AOKI Masahiko, President and Chief Research Officer, RIETI
Nikkei Shimbun, January 7, 2003

"Japan's Budget Process"
by NAKABAYASHI Mieko, Fellow, RIETI
Economic Currents, January 1, 2003

Keizai Sangyo Journal

"Simulation Analysis of Japan's Fiscal Policies for Sustainable Public Debt Management - Reexamination of the Broda & Weinstein paper"
by DOI Takero, Former Faculty Fellow, RIETI / Associate Professor, Faculty of Economics, Keio University
Research & Review, July 2006

"Fiscal Issues and Public Awareness"
by NAKABAYASHI Mieko, Fellow, RIETI
Research & Review, July 2004

"Paradox of Calls for Inflation"
by KOBAYASHI Keiichiro, Fellow, RIETI
Research & Review, August 2002

Columns

"Prospects for the Japanese Economy in 2008"
by FUKAO Mitsuhiro, Faculty Fellow, RIETI
Issues Facing the Japanese Economy in 2008, January 25, 2008

"The Japanese Economy in 2008: Has volatility really declined?"
by MORIKAWA Masayuki, Senior Fellow, RIETI, Senior Researcher, Japan Productivity Center for Socio-Economic Development (JPC-SED)
Issues Facing the Japanese Economy in 2008, January 22, 2008

"Economic and Fiscal Policy Agenda for 2008"
by TSURU Kotaro, Senior Fellow, RIETI
Issues Facing the Japanese Economy in 2008, January 8, 2008

"Transparency of Monetary Policy and Division of Roles between Governments and Central Banks"
by YASHIRO Naomitsu, Consulting Fellow, RIETI
June 5, 2007

"Economic and Fiscal Policy Agenda for 2007"
by TSURU Kotaro, Senior Fellow, RIETI
Issues Facing the Japanese Economy in 2007, January 5, 2007

"Rules Versus Discretion"
by WATANABE Tsutomu, Faculty Fellow, RIETI
June 6, 2006

"Emerging from Deflation"
by UEMURA Shuichi, Senior Fellow, RIETI
September 21, 2004

"Fiscal Problems and Organizational Reform"
by KADONO Nario, Consulting Fellow, RIETI
April 27, 2004

Publications

"Fiscal Reforms of Japan: Redesigning the Frame of the State"
by AOKI Masahiko and TSURU Kotaro
Authors' Words, January 18, 2005

Policy Update

RIETI Policy Symposium "Fiscal Reform of Japan: Redesigning the Frame of the State"
-Pre-event Report No.3
"Fiscal Reform from the Perspective of Social System Design"
by YOKOYAMA Yoshinori, Senior Fellow, RIETI
Policy Update 13, March 5, 2004

RIETI Policy Symposium "Fiscal Reform of Japan: Redesigning the Frame of the State"
-Pre-event Report No.2
"Local Government Fiscal Reform from the Viewpoint of 'Corporate' Governance"
by KITAMI Tomitaro, Consulting Fellow, RIETI
Policy Update 13, March 3, 2004

RIETI Policy Symposium "Fiscal Reform of Japan: Redesigning the Frame of the State" -Pre-event Report No.1
"Underlying the RIETI Fiscal Reform Project: A Unique and Coherent Viewpoint"
by TSURU Kotaro, Senior Fellow, RIETI
Policy Update 13, February 23, 2004

"Coping with Debt Deflation in Japan"
by KOBAYASHI Keiichiro, Fellow, RIETI
Policy Update 3, November 19, 2002

Policy Debate

"Responses to Criticisms of Inflation Targeting Policy"
by TAKAHASHI Yoichi, Consulting Fellow, RIETI
Policy Debate Round 8, March 7, 2003

"The Government and the Bank of Japan should Formulate a Policy Accord to Pull Japan out of Deflation"
by UESUGI Iichiro, Fellow, RIETI
Policy Debate Round 7, February 17, 2003

Fellows' Works

"Are Price Rigidities Truly Important?"
by KOBAYASHI Keiichiro, Fellow, RIETI
Kobayashi-sensei's Economic Research Picks, March 30, 2006

"Transparency of Government (Part 2) - Transparency in Fiscal and Monetary Policies -"
by TSURU Kotaro, Senior Fellow, RIETI
Economics Review, July 22, 2003

"Placing Top Priority on Ending Deflation and Actions to Solve the Issue Directly"
interview with FUKAO Mitsuhiro, Professor, Keio University
by IIO Jun, Faculty Fellow, RIETI
Interview Series: Economic Policy Options 5, January 21, 2003

Others

"Japan's Fiscal Crisis"
RIETI Report 40, April 14, 2004

"Japan's Fiscal Condition: Dealing with Debt"
RIETI Report 38, March 17, 2004

"Initiatives for Fiscal Reconstruction"
RIETI Report 33, December 11, 2003

"Monetary Problems Require Monetary Solutions"
by KOBAYASHI Keiichiro, Fellow, RIETI
Miyakodayori 65, March 28, 2003

"A New Fiscal Framework for Japan"
by AOKI Masahiko, President and Chief Research Officer, RIETI
Miyakodayori 59, January 30, 2003

"Calls for Inflation, a Paradox"
by KOBAYASHI Keiichiro, Fellow, RIETI
Miyakodayori 54, November 11, 2002

"Koizumi: Purging Uncertainty"
by KOBAYASHI Keiichiro, Special Research Fellow, RIETI
by TERAZAWA Tatsuya, Special Research Fellow, RIETI
Miyakodayori 17, June 4, 2001

"Monetary Policy: A drug or anesthesia?"
by TANAKA Nobuo, Executive Director, RIETI
Miyakodayori 10, February 20, 2001

"Latest Supplementary Budget Invests in Japan's Future"
by TANAKA Nobuo, Executive Director, RIETI
Miyakodayori 1, October 19, 2000

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