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This paper proposes that a public finance system can Pareto-improve a version of the economy in Ghatak and Jiang (2002). Our discussion relates to the controversial issue of wealth inequality in Japan. Its implications are important for consideration during administrative reform by the Koizumi...
Persistent link: https://www.econbiz.de/10010629507
This paper investigates which of publicly financed education or privately financed education is favorable for growth in … upon growth enhancing activities. We show that when one quests for social status, the privately financed education could …
Persistent link: https://www.econbiz.de/10010629516
This paper investigates which of publicly financed education or privately financed education is favorable for growth in … upon growth enhancing activities. We show that when one quests for social status, the privately financed education could …
Persistent link: https://www.econbiz.de/10005094634
This paper proposes that a public finance system can Pareto-improve a version of the economy in Ghatak and Jiang (2002). Our discussion relates to the controversial issue of wealth inequality in Japan. Its implications are important for consideration during administrative reform by the Koizumi...
Persistent link: https://www.econbiz.de/10005110812