@techreport{oai:shiga-u.repo.nii.ac.jp:00009844, author = {Atsumasa, Kondo}, issue = {No. A-20}, month = {Sep}, note = {Technical Report, This paper investigates the interconnection between certain fiscal policies in achieving a sustainable level of public debt. The fiscal policies that are investigated relate to the consumption tax rate, the income tax rate, and to public spending. The paper focuses on the critical level of public debt-to- GDP ratio, for which if the ratio exceeds this level at time 0, then it diverges to +∞ as time passes. The paper theoretically examines how the critical level depends on the fiscal policies, and reveals some merits of consumption taxation. As the consumption tax rate increases, so income taxation and cutting public spending become more effective in sustaining public debt., CRR Discussion Paper, Series A, No. A-20, pp. 1-17}, title = {Interconnection of Fiscal Policies on Sustainability of Public Debt}, year = {2016} }