| 1 | | Overview of the Japanese deficit question by R. Glenn Hubbard and Takatoshi Ito | | 1 |
| 2 | | Comments on "overview of the Japanese deficit question" | | 22 |
| 3 | | Public debt and economic growth in an aging Japan by Toshihiro Ihori and Ryuta Ray Kato and Masumi Kawade and Shun-ichiro Bessho | | 30 |
| 4 | | Comments on "public debt and economic growth in an aging Japan" | | 69 |
| 5 | | Medium-term strategies for long-term goals by Henry J. Aaron | | 79 |
| 6 | | Comments on "medium-term strategies for long-term goals" | | 105 |
| 7 | | Fiscal decentralization in Japan : does it harden the budgets of local governments? by Eiji Tajika and Yuji Yui | | 112 |
| 8 | | Comments on "fiscal decentralization in Japan : does it harden the budgets of local governments?" | | 140 |
| 9 | | Managing public costs in the Japanese health and nursing care sector by Yutaka Imai and Howard Oxley | | 153 |
| 10 | | Challenges in creating a cohesive system for health care, pensions, and the needs of the elderly by Keimei Kaizuka | | 174 |
| 11 | | Avoiding a fiscal/demographic/economic debacle in Japan by Laurence J. Kotlikoff | | 181 |
| 12 | | Comments on "managing public costs in the Japanese health and nursing care sector," "challenges in creating a cohesive system for health care, pensions, and the needs of the elderly," and "avoiding a fiscal/demographic/economic debacle in Japan" | | 204 |