Public Interest Incorporated Foundation The Tokyo Foundation for Policy Research Results of the “Economics and Finance Questionnaire Survey Targeting Economists”

Tokyo Foundation for Policy Research
Results of the “Questionnaire Survey on Economy and Public Finance for Economists”
January 25 (Wednesday) Review released today

[Text here] https://www.tkfd.or.jp/research/detail.php?id=4160 During the regular session of the Diet, which will begin on January 23, there will be discussions on countermeasures for various issues such as defense and the declining birthrate, as well as how to generate financial resources for these. How do economists perceive the future outlook for the Japanese economy? What is your perception of the monetary easing policy, fiscal deficit, and consumption tax hike? The Tokyo Foundation for Policy Research (*) conducted an online survey of economic experts on the outlook for the Japanese economy and public finances, and published the analysis results in the form of a Review.
(*) Research Program on Fiscal Consolidation and Social Security System Reform Accepted by Diverse People: From the Knowledge of Behavioral Economics and Political Science (Principal Investigator: Shuko Sato)
[Review Summary]
1. Conducted an online survey of 727 economic experts on the outlook for the Japanese economy and public finances in order to verify whether or not there is a shared understanding among economists as “experts” on economics and public finances. Carried out. For the survey, we asked university researchers who specialize in economics and related fields listed in the IDEAS “Top 25% Institutions and Economists in Japan”. , using publicly available contact data, generated a target list of 727 people. The final number of survey respondents was 282, with a response rate of 38.8%.
2. In terms of policy priorities, regulatory reform and fiscal consolidation received more support than large-scale fiscal stimulus. 3. The majority of respondents said that the fiscal deficit is a serious problem, and that if things continue as they are, they will face severe financial restructuring in the future.
4. Concerning the consumption tax, there were many positive opinions among generations that it is fair, efficient, and has a stable source of revenue.
5. It was confirmed that there is a certain level of common
understanding regarding the awareness of the fiscal deficit and the modalities of fiscal policy. Although there is a big difference between the opinions of the Internet public opinion and some economists, it is significant that the opinions of academic
researchers are compiled beyond the boundaries of academic schools and institutions.
6. In the future, we plan to publish a paper on the analysis of the difference between the awareness of the public and that of economists, which was conducted in parallel with the web survey in the same research program.
[Research Program]
“Fiscal Consolidation and Social Security System Reform Accepted by Diverse People: Based on the Knowledge of Behavioral Economics and Political Science”
https://www.tkfd.or.jp/programs/detail.php?u_id=26
Principal Investigator: Shuko Sato, Chief Researcher, The Tokyo Foundation for Policy Research, Professor, Graduate School of Economics, Hitotsubashi University
Co-Investigator: Fumio Ohtake, Research Director, Tokyo Foundation Policy Research Institute, Specially Appointed Professor, Center for Comprehensive Education and Research on Infectious Diseases, Osaka University
Sota Kato, Senior Researcher, The Tokyo Foundation for Policy Research Keiichiro Kobayashi Research Director, The Tokyo Foundation for Policy Research Professor, Faculty of Economics, Keio University
Yukio Maeda Research Director, The Tokyo Foundation for Policy Research; Professor, Interfaculty Initiative in Information Studies, University of Tokyo
[Writer]
Susumitsu Sato, Senior Researcher, The Tokyo Foundation for Policy Research; Professor, Graduate School of Economics, Hitotsubashi University
*……………………………………………………………………………………*
◇ Direction of the Tokyo Foundation Policy Research Institute ◇ It has been 75 years since the end of World War II, and society is undergoing major changes both in Japan and overseas. This major transformation will usher in a new era in Japan, in which each and every citizen will become an independent human being and will be involved in the enrichment of his or her own life and society, the revitalization of the nation, and the maintenance of peace. is bringing In addition, there is a need for a policy think tank independent of the post-war system as an innovator of policy research and practice to create this new era.
The research department of our foundation aims to be an innovator in the revitalization of Japan required by this great turning point. ◇◆Fields to work on◆◇
Based on a calm perspective on international affairs and historical perceptions, we are carrying out approximately 30 research programs in parallel in the following five areas.
I. Economy/Finance, Environment/Resources/Energy
II. Health/Medical Care/Nursing/Nursing Care
III. Education/Human Resource Development, Employment/Social Security IV. Science, technology and innovation
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