1. 2004 2 10 (i) 3 1 2 1 (ii) 18.30 16,900 2004 (iii) 50 3 2. 3. 3 4. 5. 1
6. Tel03-3201-0517 E-Mailnaoko.horie@mizuho-ri.co.jp 2
4 2004 4 2 1 4 18.30 5 50 5 59.3 50.2 5 6 6 7 7 9 11 12 13 99 13 13 14 15 16 2004 17 18 19 2004 20 2004 21 21 22 (1) 22 (2) 22 23 3
5 2004 5 2004 2004 2004 2 10 2004 1 (i) 3 1 2 1 (ii) (iii) 50 3 3 2 1 3 1 3 2 2009 2 1 2.7 2004 65 0.2 2.5 (i)2005 2006 (ii)2007 1 4
18.30 13.58 6.79 2004 10 0.354 0.1772017 18.302005 9 1 13,300 2005 4 280 2004 2017 16,900 2004 50 59.3 50.2 50 50 20 60 40 2004 39.3 12 1 23.3 1 59.3 2023 50.2 2023 1 1 5
1 65 2 1 2 2 40 39 36 45 3 2 65 5 6
3 3 2004 4 2004 (i) (ii) 2 7
3 4 8
2 1 3 13,300 2002 37 20 50 5 25 2004 3 2004 4 3 9
5 2 1 3 4 4 130 20 60 10
2017 18.30 50 6 6 2003 10 3 2017 16,900 2004 11
2004 2002 1.32 1.39 1.1 18.30 46 5 16 6 16 7 24.5 16 5 2008 4 4 6 0.82004 0.354 2050 1.1 1.39 0.8 1.1 2.1 2.2 7 2003 11 18 12
99 2 98 6 99 1 2 18.5 18.5 16.0 2.5 7 65 8 8 15 30 30 13
7 (i) (ii) (iii) 14
100 Kotlikoff1992 1995 9 (i) (ii) (iii) 1996 10 9 19951996 2 10 (i) (ii) 1995 15
2001 2002 2080 11 79 20 79 2001 80 2002 a. b. 2004 2004 2 10 c. 12 1 16 1.1 1.1 2.1 13 1.1 14 59.3 5 3 2 13.58 11 12 13 14 40 16
2030 23 2 1 1.5 2009 5 6.5 15 8 8 2004 2004 2003 11 2022 20 2013 54.7 2004 2017 18.30 2023 50.2 5 3 2 2009 6.5 5 1.5 9 15 13 2003 9 1/61/21/3 1.5 17
9 2004 2025 6 16 10 6 2014 5 11 50 2003 11 18 1 2 1 50.2 2011 18 2 1 4 2 1 4 100 13.58 13.5183/4 50 16 13 2003 9 18
10 10 3 40 1961 30 1962 11 19
11 2004 2004 11 40 1961 30 1962 40 30 2004 2004 2004 20
2004 2004 11 50 194251 60 193241 2004 30 1962 30 (i) (ii) 2004 3 (i) (ii) 1997 4 21
(1) 15 14 11 1362 12 (2) a) 1 12 b) c) b 1 d) c e) d e 22
1/3100 2003 5.6 2003 38.9 23
100 100 2003 24
1996 1996 1996 3 JCER DISCUSSION PAPER No.591999 2002 4 2004 16 2004 15 2003 15 2003 21 11 1999 7 1995 Auerbach, Alan J., Laurence J. Kotlikoff and Willi Leibfritz, Generational Accounting Around the World, NBER, The University of Chicago Press, 1999 Kotlikoff, L. J., Generational Accounting, Macmillan,Inc., 1992 1993 25