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.114 (2013.3)

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Low-Volatility Anomary and Active Portfolio Management in Stock Market

2. Past special themes and individual ones (since No.46)

	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

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 –

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