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Katsunori Yamada |
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''A Role of public finance in the Ghatak and Jiang model a comment'' |
( 2006, Vol. 4 No.38 ) |
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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 Cabinet. |
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Keywords: |
JEL: D3 - Distribution: General O1 - Economic Development: General |
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Manuscript Received : Oct 21 2006 | | Manuscript Accepted : Nov 22 2006 |
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