Policy evaluation of Public Financial Institutions from the view points of flow of funds

Masashi Manabe ()
Additional contact information
Masashi Manabe: Graduate School of Economics, Osaka university

No 07-37, Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics

Abstract: The purpose of this paper is to develop an experimental model which links inter-institutional flow of funds to real macroeconomy and then to estimate quantitatively the effects of changing scale of postal savings or government financial institutions on GDP. The empirical analysis indicates that at least after 1980 expanding size of postal saving and government financial institutions had negative effects on GDP. It implies that reducing scale of public financial institutions could improve the performance of real macroeconomy.

Keywords: Flow of funds; Public financial institutions; Postal saving (search for similar items in EconPapers)
JEL-codes: G11 G18 H63 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2007-10
New Economics Papers: this item is included in nep-pbe
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www2.econ.osaka-u.ac.jp/library/global/dp/0737.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osk:wpaper:0737

Access Statistics for this paper

More papers in Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by The Economic Society of Osaka University ().