Toshihiro Ihori's Books

Principles of Public Finance

By: Toshihiro Ihori

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This textbook equips instructors and students with an overview of the existing literature so that the latter can attain an overall understanding of macroeconomic and microeconomic public finance. The literature on public finance has grown dramatically with theoretical studies and empirical analysis, and much of the focus has been on macroeconomic effects of public services. The standard textbook offerings, however, are mainly restricted to microeconomic topics of public finance. This text intends to fill this gap by presenting a theoretical-based, comprehensive explanation of public finance. Particular emphasis is directed at developing tools that can be applied theoretically and empirically to clarify essential economic concerns in the current public sector in advanced countries, including Japan. Such concerns include the macroeconomic effect of fiscal policy, the dependence on bonds for covering government deficits, and social security reform. The main text explains the standard concepts of public finance, and the appendix offers various advanced topics. The material will facilitate an understanding of how to investigate changes in the public sector, interpret results, and basically do research on fiscal policy. The textbook will be of value to a broad range of course offerings, including those generally focused on fiscal policy, on social security reform and on tax reform.

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Page Count

417

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Springer

Published Date

ISBN 10

9811023891

ISBN 13

9789811023897

Public Goods

Theories and Evidence

By: Raymond G. Batina,Toshihiro Ihori

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Public Goods

Theories and Evidence

By: Raymond G. Batina,Toshihiro Ihori

A wide-ranging survey of the theory and evidence on public goods, presenting the main literature on public goods, both theoretical and empirical, in a systematic manner. The breadth and depth of the book's coverage extends the existing literature in many ways.

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Page Count

429

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Springer Science & Business Media

Published Date

ISBN 10

3540276386

ISBN 13

9783540276388

Social Security Reform in Advanced Countries

Evaluating Pension Finance

By: Toshihiro Ihori,Toshiaki Tachibanaki

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Social Security Reform in Advanced Countries

Evaluating Pension Finance

By: Toshihiro Ihori,Toshiaki Tachibanaki

This book brings together internationally-renowned scholars to evaluate the effect of recent social security reforms in advanced countries (pension programmes in particular) and to suggest policy reforms for the future.

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Page Count

300

Publisher

Routledge

Published Date

ISBN 10

1134457774

ISBN 13

9781134457779

International Governance and Risk Management

By: Toshihiro Ihori,Martin C. McGuire,Shintaro Nakagawa

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International Governance and Risk Management

By: Toshihiro Ihori,Martin C. McGuire,Shintaro Nakagawa

In this book the authors demonstrate how the economics of insurance, risk reduction, and damage control or limitation can be combined with concepts of collective choice and collective behavior to improve analysis of the escalating threats faced by alliances throughout the world. The book develops a theory of risk management as integrating likelihood of loss, magnitude of loss, and isolation from loss into a consolidated model. It extends existing concepts of individual risk management by a single person to decision theory for an entire country, managed by a government bureaucracy and lodged in a universe of overlapping alliances. The authors uncover a tendency, inherent in any bureaucracy for policy coordination in the realm of risk control to fail because of misunderstanding, disinterest, or perverse incentives. Understanding such incentives is essential to any sort of progress in risk management of proliferating national and global threats. Self-protection aims to reduce the chances of loss. This reduction may require the use, or threat or promise of use, of defensive military weapons or, depending on context, the use of offensive military weapons. Japan's constitution limits Japan to use of defensive measures only, even if Japan and the USA have formed a military alliance. This places Japan at an “economic corner solution” of providing only self-insurance. However, the Abe government intends to change the interpretation of the constitution so that Japan can provide a full range of self-protection as well as self-insurance. With the prospect of such constitutional change, this book becomes of special relevance to Japan's national security.

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Page Count

273

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Springer

Published Date

ISBN 10

981138875X

ISBN 13

9789811388750

Principles of Public Finance

By: Toshihiro Ihori

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Principles of Public Finance

By: Toshihiro Ihori

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Page Count

417

Publisher

Springer

Published Date

ISBN 10

9811023891

ISBN 13

9789811023897

International Governance and Risk Management

By: Toshihiro Ihori,Martin C. McGuire,Shintaro Nakagawa

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International Governance and Risk Management

By: Toshihiro Ihori,Martin C. McGuire,Shintaro Nakagawa

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Page Count

273

Publisher

Springer

Published Date

ISBN 10

981138875X

ISBN 13

9789811388750

Public Goods

Theories and Evidence

By: Raymond G. Batina,Toshihiro Ihori

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Public Goods

Theories and Evidence

By: Raymond G. Batina,Toshihiro Ihori

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Page Count

429

Publisher

Springer Science & Business Media

Published Date

ISBN 10

3540276386

ISBN 13

9783540276388

Procyclical Fiscal Policy

By: Toshihiro Ihori,Keigo Kameda

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Procyclical Fiscal Policy

By: Toshihiro Ihori,Keigo Kameda

Conventional wisdom dictates that a fiscal policy should be counter-cyclical. However, contrary to this conventional views, recent research has demonstrated that fiscal policy is actually procyclical in most developing countries. In this book, we attempt to propose a new interpretation of this procyclicality after reviewing theoretical and empirical evolution of the research. In particular, by incorporating the political effort behavior of private agents into a weak government model, we explore how income fluctuations affect the optimal budget deficits in a political economy. If the government can control the political behavior, normally, the optimal budget deficit should rise in a recession as a first-best case; however, interestingly, a recession does not necessarily prompt an increase in the budget deficits in a second-best political economy. The response of the budget deficits to income fluctuations mainly depends on the efficiency of political effort, which may correspond to the degree of democracy and bureaucratic efficiency of the governments. We test the prediction of the pro-cyclical fiscal policy and find it applicable for democratic countries with semi-efficient governments including Japan.

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Springer

Published Date

ISBN 10

9811329958

ISBN 13

9789811329951

Social Security Reform in Advanced Countries

Evaluating Pension Finance

By: Toshihiro Ihori,Toshiaki Tachibanaki

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Social Security Reform in Advanced Countries

Evaluating Pension Finance

By: Toshihiro Ihori,Toshiaki Tachibanaki

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Page Count

300

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Routledge

Published Date

ISBN 10

1134457774

ISBN 13

9781134457779

The Welfare State, Public Investment, and Growth

Selected Papaers from the 53rd Congress of the International Institute of Public Finance

By: International Institute of Public Finance. Congress

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The Welfare State, Public Investment, and Growth

Selected Papaers from the 53rd Congress of the International Institute of Public Finance

By: International Institute of Public Finance. Congress

The current state of research in the international public finance field is elucidated in the fifteen papers collected in this volume, selected from among the more than 200 that were presented at the 53rd Congress of the International Institute of Public Finance held in Kyoto, Japan, in August 1997. The collection assembled here is not intended to comprise a proceedings of the Congress but, rather, presents the ideas of eminent scholars in seven areas of current research in the international public finance field: The Welfare State, Public Investment and Economic Growth, Inter-Governmental Relations, Tax Competition and Foreign Direct Investment, Foreign Investment in Transitional Economies-Russia and China, and Equalization Transfer Systems in Japan and Australia. The highlight of the Congress was the brilliant debate between two of the greatest authorities in the area of public finance, James M. Buchanan and Richard A. Musgrave, whose papers form the opening section of the volume.

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Page Count

356

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Springer Science & Business Media

Published Date

ISBN 10

4431702229

ISBN 13

9784431702221

Book's by Toshihiro Ihori

Principles of Public Finance

Principles of Public Finance

Public Goods

Public Goods

Social Security Reform in Advanced Countries

Social Security Reform in Advanced Countries

International Governance and Risk Management

International Governance and Risk Management

Principles of Public Finance

Principles of Public Finance

International Governance and Risk Management

International Governance and Risk Management

Public Goods

Public Goods

Procyclical Fiscal Policy

Procyclical Fiscal Policy

Social Security Reform in Advanced Countries

Social Security Reform in Advanced Countries

The Welfare State, Public Investment, and Growth

The Welfare State, Public Investment, and Growth

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