Policy Research Institute


Financial Review

Since 1986, the Policy Research Institute has issued Financial Review, a research journal which includes both theoretical and empirical analyses of fiscal or economic issues. The analyses are conducted by outstanding scholars and the research staff of the Institute. The Review is highly regarded in academic circles because of its high-quality and diversified contents. Opinions expressed in the articles in the Review do not reflect an official view of the Japanese government.Financial Review is available at Government Publication Service Centers and Administrative Report Stores.

Here you will find:

1. The last Issue

No.131 (2017.6)  -Population Decline and Local Economies

2. Past special themes and individual ones (since No.46) (Before No.110 : Link to National Diet Library)

No.130 (2017.3)-Corporate Statistics
No.129 (2017.3)-Extensive Study on the Principle of Statute-Based Taxation
No.128 (2016.11)-Economic Growth Policy and Knowledge Creation
No.127 (2016.10)-Tax System Reform - Evidence-Based Policy Recommendations
No.126 (2016.3)-Feature Articles Concerning Tax Systems IV - BEPS and Response to Tax Avoidance
No.125 (2015.10)-Economic Stability and Financial Regulation
No.124 (2015.10)-Reconsideration of Social Infrastructure
No.123 (2015.6)-Toward Cost-Benefit Analysis of Local Healthcare and Nursing Care Services
No.122 (2015.3)-Statistical Consistency and Identification of Household Behavior
No.121 (2015.3)-Corporate Governance
No.120 (2014.9)-Fiscal Consolidation
No.119 (2014.8)-China: Economic Policy and Political Regime under Xi Jinping
No.118 (2014.3)-Household Consumption, Savings Behavior and Tax Systems
No.117 (2014.3)-Quantitative Analysis of Japan’s Fiscal and Economic Conditions
No.116 (2013.9)-Japan's Asia Strategies
No.115 (2013.6)-Public Pension System and Budget Deficits
No.114 (2013.3)-Low-Volatility Anomary and Active Portfolio Management in Stock Market
No.113 (2013.3)-Legal Analyses of Public Finance with “Law and Economics”
No.112 (2013.1)-Firm Dynamics and Macroeconomy
No.111 (2012.9)-The Roles of Public and Private Insurances in Medical Systems
No.110 (2012.3)-The Sovereign Risks and the Monetary Problems
No.109 (2012.3)-The World’s Funds Flow and Japan’s Financial Market
No.108 (2012.3)-Local Government Finances - Risk Sharing between Governments
No.107 (2011.5)-Corporate Enterprises’ Behavioral Patterns, Economic Analysis Based upon Corporate Statistics
No.106 (2011.3)-Micro Price Setting Behaviors and Macro Price Dynamics
No.105 (2011.3)-An Economic Analysis of Local Fiscal Systems
No.104 (2011.2)-Law and Economics on the System for Government Procurements
No.103 (2011.1)-New Developments in Public Finance Law
No.102 (2011.1)-Tax Reform - In Consideration of Discussions of OECD and Mirrlees Review -
No.101 (2010.7)-Beyond the Financial Crisis
No.100 (2010.3)-Macro Econometric Model
No.99  (2010.2)-The Currency and The Short-term Financial Market
No.98  (2009.12)-Economic Analysis of National Security spending
No.97  (2009.12)-EU Economy
No.96  (2009.9)-China Economy
No.95  (2009.7)-U.S. Economy
No.94  (2009.5)-International Taxation
No.93  (2009.3)-Cooperation in East Asia
No.92  (2008.12)-Human Investment and Economic Growth
No.91  (2008.11)-Public Sector Risk Management
No.90  (2008.8)-Recent Business Cycles in the World
No.89  (2008.3)-Public Capital
No.88  (2008.3)-Japan's Capital Flow and Its Structural Change 
No.87  (2007.9)-Social Security 
No.86  (2006.10)-Measures against the Financial Crisis: Japan's Experience 
No.85  (2006.9)-Fiscal and Tax Reform in other countries
-with focus on social security reform-
No.84  (2006.7)-Tax Policy III 
No.83  (2006.5)-Financial Architecture of East Asia 
No.82  (2006.5)-Economic Analysis of Intergovernmental Fiscal Relations 
No.81  (2006.4)-The Japanese External Economic Strategy 
No.80  (2006.3)-Health Insurance and Long-term Care Insurance
-perspectives of the reform in Japan-
No.79  (2005.10)-Public Debts and Financial System
No.78  (2005.8)-Micro Heterogeneity and Japanese Macroeconomy
No.77  (2005.7)-Cost-Benefit Analysis and Public Expenditures
No.76  (2005.5)-Fiscal Reform
No.75  (2005.2)-Financing for International Public Goods
No.74  (2004.11)-Evaluation of Japanese Fiscal Policy
No.73  (2004.9)-The Japanese Financial System at the Crossroads: The Bank Crisis and its influence on the Economy
No.72  (2004.8)-Social Security
No.71  (2004.5)-Japan's Local Finance under Fiscal Structure Reform
No.70  (2004.3)-Recent Developments in Financial Economics
No.69  (2003.12)-Tax Policy II
No.68  (2003.12)-Corporate Governance II
No.67  (2003.1)-Long-Term Stagnation in the Japanese Economy andthe Transformation of the Labor Market
No.66  (2002.12)-Monetary Policy in the 1990s
No.65  (2002.10)-Tax Policy
No.64  (2002.8)-Economic Policy under Deflation
No.63  (2002.7)-Effects of Fiscal Policy
No.62  (2002.6)-Corporation Activity in Japan analyzed byFinancial Statements Statistics of Corporations
No.61  (2002.2)-The Problem and Evaluation of Local Public FinanceSystem
No.60  (2001.12)-Corporate Governance
No.59  (2001.9)-Dynamic Macroeconomics
No.58  (2001.7)-The Japanese and the U.S. economies in the 1990's
No.57  (2001.6)-Judging the Business Cycle Phases
No.56  (2001.3)-Portfolio Selection by Household and Firm in Japan
No.55  (2001.2)-Theory and Evaluation of Fiscal Reform
No.54  (2001.1)-New Trends in Development Economics
No.53  (2000.4)-Japanese Economy and Design of Economic Systems
No.52  (1999.12)-Economic Efficiency of Government Expenditure
No.51  (1999.6)-Advanced technology in Finance
No.50  (1999.6)-Fiscal and Monetary Policy in past and future
No.49  (1999.3)-Law and Economic under Market transactions
No.48  (1999.1)-Equilibrium Exchange Rate
No.47  (1998.10)-Economic Effects on Government Deficits
-The Development and Decline of Nations
-The Economic Effect of Holding Company
No.46  (1998.7)-Research and Development, and Human Capital