{"id":28,"date":"2023-10-31T09:40:01","date_gmt":"2023-10-31T00:40:01","guid":{"rendered":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/?page_id=28"},"modified":"2026-04-22T15:07:43","modified_gmt":"2026-04-22T06:07:43","slug":"d-p","status":"publish","type":"page","link":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/d-p\/","title":{"rendered":"Discussion Papers in Economics and Business"},"content":{"rendered":"<p><main><\/p>\n<section class=\"centerWrap centerWrap--dp\">\n<div class=\"breadcrumbs\" typeof=\"BreadcrumbList\" vocab=\"https:\/\/schema.org\/\"><div class=\"c-breadcrumb-navigation__inner\"><span property=\"itemListElement\" typeof=\"ListItem\"><a property=\"item\" typeof=\"WebPage\" title=\"\u5927\u962a\u5927\u5b66\u7d4c\u6e08\u5b66\u4f1a\u3078\u79fb\u52d5\u3059\u308b\" href=\"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/\" class=\"home\" ><span property=\"name\">\u30c8\u30c3\u30d7\u30da\u30fc\u30b8<\/span><\/a><meta property=\"position\" content=\"1\"><\/span> \uff0f <\/div><\/div><\/p>\n<h1 class=\"pageTitle\"><span>Discussion Papers in Economics and Business<\/span><i>Graduate School of Economics, The University of Osaka<\/i><\/h1>\n<div class=\"infoSplit\">\n<div class=\"infoSplit__left\">\n<h2 class=\"infoSplit__title\"><a href=\"..\/guideline\">\u6295\u7a3f\u306b\u3064\u3044\u3066<i>Information for Authors<\/i><\/a><\/h2>\n<div class=\"infoSplitListWrap\">\n<ul class=\"infoSplitList\">\n<li><a href=\"..\/guideline#dis_guide\">\u57f7\u7b46\u30ac\u30a4\u30c9\u30e9\u30a4\u30f3<\/a><\/li>\n<li><a class=\"infoLink\" href=\"..\/dp\/dp_recomm.doc\">DP \u63b2\u8f09\u8ad6\u6587\u63a8\u85a6\u66f8<\/a><\/li>\n<\/ul>\n<ul class=\"infoSplitList\">\n<li><a href=\"..\/guideline#dis_guide_en\">Submission Guidelines<\/a><\/li>\n<li><a class=\"infoLink\" href=\"..\/dp\/dp_recomm.doc\">Letter of Recommendation for DP<\/a><\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div class=\"infoSplit__right\">\n<h2 class=\"infoSplit__subTitle\">\u4ee5\u4e0b\u306e\u30b5\u30a4\u30c8\u306b\u767b\u9332\u3057\u3066\u3044\u307e\u3059\u3002<\/i><\/h2>\n<ul class=\"infoSplitList\">\n<li><a class=\"blankLink\" href=\"https:\/\/ideas.repec.org\/s\/osk\/wpaper.html\" target=\"_blank\" rel=\"noopener\">IDEAS<\/a><\/li>\n<li><a class=\"blankLink\" href=\"https:\/\/econpapers.repec.org\/paper\/oskwpaper\/\" target=\"_blank\" rel=\"noopener\">EconPapers<\/a><\/li>\n<li><a class=\"blankLink\" href=\"https:\/\/ir.library.osaka-u.ac.jp\/repo\/ouka\/all\/cate_browse\/?lang=0&#038;codeno=journal&#038;schemaid=3000&#038;catecode=200035050\" target=\"_blank\" rel=\"noopener\">\u5927\u962a\u5927\u5b66\u5b66\u8853\u60c5\u5831\u5eab OUKA<\/a><\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<h2 class=\"infoTitle\">\u8ad6\u6587\u30ea\u30b9\u30c8 \/ Papers List<\/h2>\n<ul class=\"yearList\">\n<li><a href=\"#2026\">2026\u5e74<\/a><\/li>\n<li><a href=\"#2025\">2025\u5e74<\/a><\/li>\n<li><a href=\"#2024\">2024\u5e74<\/a><\/li>\n<li><a href=\"#2023\">2023\u5e74<\/a><\/li>\n<li><a href=\"#2022\">2022\u5e74<\/a><\/li>\n<li><a href=\"#2021\">2021\u5e74<\/a><\/li>\n<li><a href=\"#2020\">2020\u5e74<\/a><\/li>\n<li><a href=\"#2019\">2019\u5e74<\/a><\/li>\n<li><a href=\"#2018\">2018\u5e74<\/a><\/li>\n<li><a href=\"#2017\">2017\u5e74<\/a><\/li>\n<li><a href=\"#2016\">2016\u5e74<\/a><\/li>\n<li><a href=\"#2015\">2015\u5e74<\/a><\/li>\n<li><a href=\"#2014\">2014\u5e74<\/a><\/li>\n<li><a href=\"#2013\">2013\u5e74<\/a><\/li>\n<li><a href=\"#2012\">2012\u5e74<\/a><\/li>\n<li><a href=\"#2011\">2011\u5e74<\/a><\/li>\n<li><a href=\"#2010\">2010\u5e74<\/a><\/li>\n<li><a href=\"#2009\">2009\u5e74-2000\u5e74<\/a><\/li>\n<li><a href=\"#1999\">1999\u5e74-1993\u5e74<\/a><\/li>\n<\/ul>\n<div class=\"caption\">\n<p class=\"download\"><a href=\"#downloadBox\">\u30c0\u30a6\u30f3\u30ed\u30fc\u30c9\u306b\u3064\u3044\u3066 \/ Download Papers<\/a><\/p>\n<p class=\"copylight\"><a href=\"#copyrightBox\">\u8457\u4f5c\u6a29\u306b\u3064\u3044\u3066 \/ Copyright<\/a><\/p>\n<\/p><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2026\" class=\"infoSubTitle\">2026\u5e74<\/h3>\n<table>\n<tbody>\n<!--\u4ee5\u4e0b\u3092\u66f4\u65b0--><\/p>\n<tr>\n<td>26-06<\/td>\n<td><a href=\"..\/dp\/2606.pdf\" target=\"_blank\" rel=\"noopener\">A Search-Then-Forecast Transformer Framework for Mid-Term Stock Price Prediction:An Empirical Case Study on the Chinese A-Share Market<\/a><\/td>\n<td>LIU JIENI<\/td>\n<td>April 2026<\/td>\n<\/tr>\n<tr>\n<td>26-05<\/td>\n<td><a href=\"..\/dp\/2605.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Supermajority Threshold for Suspending Fiscal Rules<\/a><\/td>\n<td>Ryo Arawatari, Tetsuo Ono<\/td>\n<td>April 2026<\/td>\n<\/tr>\n<tr>\n<td>26-04<\/td>\n<td><a href=\"..\/dp\/2604.pdf\" target=\"_blank\" rel=\"noopener\">Education Financing under Borrowing Constraints: Political Economy Implications for Intergenerational Fiscal Policy and Growth<\/a><\/td>\n<td>Yuki Uchida, Tetsuo Ono<\/td>\n<td>April 2026<\/td>\n<\/tr>\n<tr>\n<td>26-03<\/td>\n<td><a href=\"..\/dp\/2603.pdf\" target=\"_blank\" rel=\"noopener\">Effectiveness of Trading Pauses: Evidence from the Tokyo Stock Exchange<\/a><\/td>\n<td>Akitada Kasahara, Masahiro Yamada<\/td>\n<td>March 2026<\/td>\n<\/tr>\n<tr>\n<td>25-08-Rev.<\/td>\n<td><a href=\"..\/dp\/2508R.pdf\" target=\"_blank\" rel=\"noopener\">Supplementary Commodity Taxes, Labor Tax, and the Tax-mix<\/a><br \/>\n<\/p>\n<div><b>* Revised\uff1a<\/b>Supplementary Commodity Taxes, Labor Tax on the Middle Class, and the Tax-mix [25-08, 2025]<\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>March 2026<\/td>\n<\/tr>\n<tr>\n<td>26-02<\/td>\n<td><a href=\"..\/dp\/2602.pdf\" target=\"_blank\" rel=\"noopener\">\u30aa\u30fc\u30bb\u30f3\u30c6\u30a3\u30c3\u30af\u30fb\u30ea\u30fc\u30c0\u30fc\u30b7\u30c3\u30d7\u52b9\u679c\u306e\u30e1\u30ab\u30cb\u30ba\u30e0<br \/>\n:\u30aa\u30fc\u30bb\u30f3\u30c6\u30a3\u30c3\u30af\u30fb\u30ea\u30fc\u30c0\u30fc\u30b7\u30c3\u30d7\u3092\u5099\u3048\u308b\u30ea\u30fc\u30c0\u30fc\u306b\u3088\u308b\u7d44\u7e54\u306e\u30af\u30ea\u30a8\u30a4\u30c6\u30a3\u30d3\u30c6\u30a3\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u306b\u3064\u3044\u3066\u306e\u5b9a\u6027\u7684\u8abf\u67fb<br \/>\n<\/a><\/td>\n<td>\u962a\u672c\u5b66<\/td>\n<td>March 2026<\/td>\n<\/tr>\n<tr>\n<td>25-01-Rev.<\/td>\n<td><a href=\"..\/dp\/2501R.pdf\" target=\"_blank\" rel=\"noopener\">The Political Economy of Non-Compliance with the Golden Rule of Public Finance<\/a><br \/>\n<\/p>\n<div><b>* Revised\uff1a<\/b>Political Economy of Non-Compliance with the Golden Rule of Public Finance [25-01, 2025]<\/div>\n<\/td>\n<td>Yuki Uchida, Tetsuo Ono<\/td>\n<td>February 2026<\/td>\n<\/tr>\n<tr>\n<td>26-01<\/td>\n<td><a href=\"..\/dp\/2601.pdf\" target=\"_blank\" rel=\"noopener\">The Impact of Municipal One-Stop Consultation Centers (OSCs) for Foreign Residents on Firms and Workers in Japan.<\/a><\/td>\n<td>Shinsuke Asakawa, Takuma Sugiyama<\/td>\n<td>February 2026<\/td>\n<\/tr>\n<tr>\n<td>25-09-Rev.2<\/td>\n<td><a href=\"..\/dp\/2509R2.pdf\" target=\"_blank\" rel=\"noopener\">Linear Commodity Tax Reform and Optimal Commodity Taxes under Partial Separability<\/a><br \/>\n<\/p>\n<div><b>* Revised\uff1a<\/b> [25-09-Rev., 2026]<\/div>\n<\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>January 2026<\/td>\n<\/tr>\n<tr>\n<td>25-09-Rev.<\/td>\n<td>Linear Commodity Tax Reform and Optimal Commodity Taxes under Partial Separability<br \/>\n<\/p>\n<div><b>* Revised\uff1a<\/b>Commodity Taxes under Partial Separability Cannot Be Undistorted [25-09, 2025]<\/div>\n<\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>January 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"yearDp\">\n<h3 id=\"2025\" class=\"infoSubTitle\">2025\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>25-18<\/td>\n<td><a href=\"..\/dp\/2518.pdf\" target=\"_blank\" rel=\"noopener\">\u30aa\u30fc\u30bb\u30f3\u30c6\u30a3\u30c3\u30af\u30fb\u30ea\u30fc\u30c0\u30fc\u30b7\u30c3\u30d7\u7814\u7a76\u306e\u5230\u9054\u70b9\u3068\u8ab2\u984c\u306b\u95a2\u3059\u308b\u6587\u732e\u7684\u691c\u8a0e:\u5148\u884c\u8981\u56e0\uff0c\u7d50\u679c\u8981\u56e0\uff0c\u8abf\u6574\u8981\u56e0\uff0c\u5a92\u4ecb\u8981\u56e0\u306b\u7740\u76ee\u3057\u3066<\/a><\/td>\n<td>\u962a\u672c\u5b66<\/td>\n<td>November 2025<\/td>\n<\/tr>\n<tr>\n<td>25-17<\/td>\n<td><a href=\"..\/dp\/2517.pdf\" target=\"_blank\" rel=\"noopener\">\u6211\u304c\u56fd\u306e\u682a\u5f0f\u5e02\u5834\u306b\u304a\u3051\u308b\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306e\u30e9\u30d5\u6027\u306e\u691c\u8a3c<\/a><\/td>\n<td>\u912d\u65ed\u73e0, \u751f\u65b9\u96c5\u4eba, \u5927\u5c4b\u5e78\u8f14<\/td>\n<td>November 2025<\/td>\n<\/tr>\n<tr>\n<td>25-16<\/td>\n<td><a href=\"..\/dp\/2516.pdf\" target=\"_blank\" rel=\"noopener\">Governing under high uncertainty: the strategic role of s\u014dg\u014d sh\u014dsha in early GVC formation<\/a><\/td>\n<td>Yoko Isozaki<\/td>\n<td>November 2025<\/td>\n<\/tr>\n<tr>\n<td>25-15<\/td>\n<td><a href=\"..\/dp\/2515.pdf\" target=\"_blank\" rel=\"noopener\">Evolutionary Pathway of S\u014dg\u014d Sh\u014dsha&#8217;s Internationalization in the Textile and Apparel Industries<\/a><\/td>\n<td>Yoko Isozaki<\/td>\n<td>November 2025<\/td>\n<\/tr>\n<tr>\n<td>25-14<\/td>\n<td><a href=\"..\/dp\/2514.pdf\" target=\"_blank\" rel=\"noopener\">Health and education investments in human capital,the impacts on fertility and economic growth<\/a><\/td>\n<td>Zhehao Wang<\/td>\n<td>November 2025<\/td>\n<\/tr>\n<tr>\n<td>25-13<\/td>\n<td>Minimum tax, Tax haven and Activity shifting<\/td>\n<td>Jean Hindriks, Yukihiro Nishimura<\/td>\n<td>September 2025<\/td>\n<\/tr>\n<tr>\n<td>25-12<\/td>\n<td><a href=\"..\/dp\/2512.pdf\" target=\"_blank\" rel=\"noopener\">Big Five Personality Traits and Investment Behavior: An Empirical Investigation of Japanese Investors<\/a><\/td>\n<td>Shoko Yamane, Hiroko Araki, Takashi Noda<\/td>\n<td>September 2025<\/td>\n<\/tr>\n<tr>\n<td>25-11<\/td>\n<td><a href=\"..\/dp\/2511.pdf\" target=\"_blank\" rel=\"noopener\">\u65e5\u672c\u8ecd\u56fd\u4e3b\u7fa9\u3078\u306e\u9053\u2015\u30c9\u30a4\u30c4\u30fb\u30d5\u30a1\u30b7\u30ba\u30e0\u3068\u306e\u6bd4\u8f03\u8003\u5bdf<\/a><\/td>\n<td>\u5e38\u6728\u6df3, \u9d0b\u6fa4\u6b69<\/td>\n<td>September 2025<\/td>\n<\/tr>\n<tr>\n<td>25-10<\/td>\n<td><a href=\"..\/dp\/2510.pdf\" target=\"_blank\" rel=\"noopener\">Takeovers and taxes: Estimates from a two-sided matching model<\/a><\/td>\n<td>Kazuki Onji, Roger H. Gordon, Tue G\u00f8rgens<\/td>\n<td>September 2025<\/td>\n<\/tr>\n<tr>\n<td>25-09<\/td>\n<td>Commodity Taxes under Partial Separability Cannot Be Undistorted<\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>August 2025<\/td>\n<\/tr>\n<tr>\n<td>25-08<\/td>\n<td>Supplementary Commodity Taxes, Labor Tax on the Middle Class, and the Tax-mix<\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>August 2025<\/td>\n<\/tr>\n<tr>\n<td>25-07<\/td>\n<td><a href=\"..\/dp\/2507.pdf\" target=\"_blank\" rel=\"noopener\">Trade Policy and Structural Change<\/a><\/td>\n<td>Hayato Kato, Kensuke Suzuki, Motoaki Takahashi<\/td>\n<td>August 2025<\/td>\n<\/tr>\n<tr>\n<td>25-06<\/td>\n<td><a href=\"..\/dp\/2506.pdf\" target=\"_blank\" rel=\"noopener\">Tax Incidence of VAT Enforcement Reform for Foreign Services and Small Businesses in Two-sided Markets<\/a><\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>July 2025<\/td>\n<\/tr>\n<tr>\n<td>25-05<\/td>\n<td><a href=\"..\/dp\/2505.pdf\" target=\"_blank\" rel=\"noopener\">A Novel Argument on Regulating Prices in Two-sided Markets: Finding Win-Win Policy Correctly<\/a><\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>July 2025<\/td>\n<\/tr>\n<tr>\n<td>25-04-Rev.2<\/td>\n<td><a href=\"..\/dp\/2504R2.pdf\" target=\"_blank\" rel=\"noopener\">Kantian Equilibrium, Income Inequality, and Global Public Goods<\/a><br \/>\n<\/p>\n<div><b>* Revised\uff1a<\/b> [25-04-Rev., 2025]<\/div>\n<\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>July 2025<\/td>\n<\/tr>\n<tr>\n<td>25-02-Rev.2<\/td>\n<td><a href=\"..\/dp\/2502R2.pdf\" target=\"_blank\" rel=\"noopener\">VAT Reform via Monopolistic Platformer in Borderless Economy: Price Pass-Though and Efficiency Consequences<\/a><br \/>\n<\/p>\n<div><b>* Revised\uff1a<\/b>Tax Reform on Monopoly Platformer in Borderless Economy: The Incidence on Prices and Efficiency Consequences \/ Shigeo Morita, Yukihiro Nishimura, Hirofumi Okoshi [25-02-Rev., 2025]<\/div>\n<\/td>\n<td>Shigeo Morita, Yukihiro Nishimura<\/td>\n<td>July 2025<\/td>\n<\/tr>\n<tr>\n<td>25-04-Rev.<\/td>\n<td>Kantian Equilibrium, Income Inequality, and Global Public Goods<\/p>\n<div><b>* Revised\uff1a<\/b> [25-04, 2025]<\/div>\n<\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>July 2025<\/td>\n<\/tr>\n<tr>\n<td>25-04<\/td>\n<td>Kantian Equilibrium, Income Inequality, and Global Public Goods<\/td>\n<td>Yukihiro Nishimura<\/td>\n<td>June 2025<\/td>\n<\/tr>\n<tr>\n<td>25-03<\/td>\n<td><a href=\"..\/dp\/2503.pdf\" target=\"_blank\" rel=\"noopener\">Analyzing Collusion Using Set-Identified Marginal Cost Functions<\/a><\/td>\n<td>Seiichiro Mizuta, Masato Nishiwaki<\/td>\n<td>May 2025<\/td>\n<\/tr>\n<tr>\n<td>25-02-Rev.<\/td>\n<td>Tax Reform on Monopoly Platformer in Borderless Economy: The Incidence on Prices and Efficiency Consequences<\/p>\n<div><b>* Revised\uff1a<\/b> [25-02, 2025]<\/div>\n<\/td>\n<\/td>\n<td>Shigeo Morita, Yukihiro Nishimura, Hirofumi Okoshi<\/td>\n<td>February 2025<\/td>\n<\/tr>\n<tr>\n<td>25-02<\/td>\n<td>Tax Reform on Monopoly Platformer in Borderless Economy: The Incidence on Prices and Efficiency Consequences<\/td>\n<td>Shigeo Morita, Yukihiro Nishimura, Hirofumi Okoshi<\/td>\n<td>February 2025<\/td>\n<\/tr>\n<tr>\n<td>25-01<\/td>\n<td>Political Economy of Non-Compliance with the Golden Rule of Public Finance<\/td>\n<td>Yuki Uchida, Tetsuo Ono<\/td>\n<td>January 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"yearDp\">\n<h3 id=\"2024\" class=\"infoSubTitle\">2024\u5e74<\/h3>\n<table>\n<tbody>\n\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n<tr>\n<td>24-12<\/td>\n<td><a href=\"..\/dp\/2412.pdf\" target=\"_blank\" rel=\"noopener\">\u30aa\u30fc\u30bb\u30f3\u30c6\u30a3\u30c3\u30af\u30fb\u30ea\u30fc\u30c0\u30fc\u30b7\u30c3\u30d7\u767a\u73fe\u306e\u30e1\u30ab\u30cb\u30ba\u30e0\uff1a\u5b9f\u52d9\u8005\u306b\u3088\u308b\u7d44\u7e54\u306e\u8d8a\u5883\u7d4c\u9a13\u304b\u3089\u306e\u4e00\u8003\u5bdf<\/a><\/td>\n<td>\u962a\u672c\u5b66<\/td>\n<td>November 2024<\/td>\n<\/tr>\n<tr>\n<td>24-11<\/td>\n<td><a href=\"..\/dp\/2411.pdf\" target=\"_blank\" rel=\"noopener\">Managerial Ownership, Modification of Business Risk Disclosure and Investors Risk Perception: Evidence from Japan<\/a><\/td>\n<td>Peijun Liu<\/td>\n<td>October 2024<\/td>\n<\/tr>\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n<tr>\n<td>24-10<\/td>\n<td><a href=\"..\/dp\/2410.pdf\" target=\"_blank\" rel=\"noopener\">The effect of environmental corporate social responsibility on a dynamic polluting oligopoly<\/a><\/td>\n<td>Riku Watanabe<\/td>\n<td>September 2024<\/td>\n<\/tr>\n<p> \u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n<tr>\n<td>24-09<\/td>\n<td><a href=\"..\/dp\/2409.pdf\" target=\"_blank\" rel=\"noopener\">A dynamic common resource model:<br \/>\nStochastic shocks and consumption externalities<\/a><\/td>\n<td>Riku Watanabe<\/td>\n<td>September 2024<\/td>\n<\/tr>\n<tr>\n<td>24-08<\/td>\n<td><a href=\"..\/dp\/2408.pdf\" target=\"_blank\" rel=\"noopener\">Implied Equity Duration: Lessons from the Japanese Financial Crises<\/a><\/td>\n<td>Yuichi Fukuta, Akiko Yamane<\/td>\n<td>July 2024<\/td>\n<\/tr>\n<tr>\n<td>24-07<\/td>\n<td><a href=\"..\/dp\/2407.pdf\" target=\"_blank\" rel=\"noopener\">Politics of Public Education and Pension with Endogenous Fertility<\/a><\/td>\n<td>Yuki Uchida, Tetsuo Ono<\/td>\n<td>May 2024<\/td>\n<\/tr>\n<tr>\n<td>24-06<\/td>\n<td><a href=\"..\/dp\/2406.pdf\" target=\"_blank\" rel=\"noopener\">A Global Minimum Tax for Large Firms Only: Implications for Tax Competition<\/a><\/td>\n<td>Andreas Haufler, Hayato Kato<\/td>\n<td>April 2024<\/td>\n<\/tr>\n<tr>\n<td>24-05<\/td>\n<td><a href=\"..\/dp\/2405.pdf\" target=\"_blank\" rel=\"noopener\">The internationalisation of Chinese apparel companies, 1990-2020<\/a><\/td>\n<td>Juxuan Zhang, Pierre-Yves Donz\u00e9<\/td>\n<td>April 2024<\/td>\n<\/tr>\n<tr>\n<td>24-04-Rev.<\/td>\n<td><a href=\"..\/dp\/2404R.pdf\" target=\"_blank\" rel=\"noopener\">Process of Learning Paradox in the Japanese Context \u2013Embedded Paradox and Modernization in Work Place<br \/>\n<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [24-04, 2024]<\/div>\n<\/td>\n<td>Miyako Imamura<\/td>\n<td>April 2024<\/td>\n<\/tr>\n<tr>\n<td>24-04<\/td>\n<td>Process of Learning Paradox in the Japanese Context \u2013Embedded Paradox and Modernization in Work Place\n<\/td>\n<td>Miyako Imamura<\/td>\n<td>April 2024<\/td>\n<\/tr>\n<tr>\n<td>24-03<\/td>\n<td><a href=\"..\/dp\/2403.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Fiscal Spending and Deviation Rules under Political Uncertainty<\/a><\/td>\n<td>Ryo Arawatari, Tetsuo Ono<\/td>\n<td>March 2024<\/td>\n<\/tr>\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000<\/p>\n<tr>\n<td>24-02<\/td>\n<td><a href=\"..\/dp\/2402.pdf\" target=\"_blank\" rel=\"noopener\">The Influence of Education on Preference: A Natural Experiment by the School Grouping Policy<\/a><\/td>\n<td>Shoko Yamane, Michiko Nakabayashi<\/td>\n<td>February 2024<\/td>\n<\/tr>\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000 <\/p>\n<tr>\n<td>22-06-Rev.<\/td>\n<td><a href=\"..\/dp\/2206R.pdf\" target=\"_blank\" rel=\"noopener\">A demographic and nutritional analysis of urban lower class dwellers in modern Japan revised version : the case of one <i class=\"italic\">Saimin-chiku<\/i> in Tokyo, ca.1930<\/a><br \/>\n          <\/p>\n<div><b>* Revised\uff1a<\/b>Kenichi Tomobe, Minori Oshidari, Keisuke Moriya [22-06, 2022]<\/div>\n<\/td>\n<td>Kenichi Tomobe, Minori Oshidari, Keisuke Moriya, Yoshihiro Kawano<\/td>\n<td>February 2024<\/td>\n<\/tr>\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000 <\/p>\n<tr>\n<td>24-01<\/td>\n<td><a href=\"..\/dp\/2401.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Government Expenditures on Production and Extraction Technologies in a Small Open Economy with a Non-renewable Natural Resource<\/a><\/td>\n<td>Kamil Aliyev<\/td>\n<td>January 2024<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"yearDp\">\n<h3 id=\"2023\" class=\"infoSubTitle\">2023\u5e74<\/h3>\n<table>\n<tbody>\n\u3000\u3000\u3000\u3000\u3000\u3000\u3000 <\/p>\n<tr>\n<td>23-12<\/td>\n<td><a href=\"..\/dp\/2312.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Subsidy for Investment in Extraction Technology in a Small Open Economy with a Non-renewable Natural Resource<\/a><\/td>\n<td>Kamil Aliyev<\/td>\n<td>December 2023<\/td>\n<\/tr>\n<tr>\n<td>23-11<\/td>\n<td><a href=\"..\/dp\/2311.pdf\" target=\"_blank\" rel=\"noopener\">\u6771\u8a3c\u65e5\u5185\u30e2\u30fc\u30e1\u30f3\u30bf\u30e0\u306e\u6642\u7cfb\u5217\u7684\u7279\u5fb4\u306b\u95a2\u3059\u308b\u8003\u5bdf<\/a><\/td>\n<td>JIN HUIXING<\/td>\n<td>November 2023<\/td>\n<\/tr>\n<p>\u3000\u3000\u3000\u3000\u3000\u3000\u3000 <\/p>\n<tr>\n<td>21-08-Rev.<\/td>\n<td><a href=\"..\/dp\/2108R.pdf\" target=\"_blank\" rel=\"noopener\">Historical Relationships and International Market Return Predictability: The Role of the UK in the Former British Colonies, Protectorates and Mandates<\/a><br \/>\n          <\/p>\n<div><b>* Revised\uff1a<\/b>Predictability of market returns for the UK\u2019s former colonies, protectorates, and mandates [21-08, 2021]<\/div>\n<\/td>\n<td>Takuro Hidaka, Yuta Saito, Jun Sakamoto<\/td>\n<td>October 2023<\/td>\n<\/tr>\n<tr>\n<td>23-10<\/td>\n<td><a href=\"..\/dp\/2310.pdf\" target=\"_blank\" rel=\"noopener\">Market Commodity Structure in General Equilibrium Model: The Commodi\ufb01cation Technology<\/a><\/td>\n<td>Ken Urai, Hiromi Murakami, Weiye Chen, Yijik Oh<\/td>\n<td>September 2023<\/td>\n<\/tr>\n<tr>\n<td>22-04-Rev.2<\/td>\n<td><a href=\"..\/dp\/2204R2.pdf\" target=\"_blank\" rel=\"noopener\">\u6c5f\u6238\u5c0f\u5224\u516d\u5341\u76ee<\/a><br \/>\n              <\/p>\n<div><b>* Revised\uff1a<\/b> [22-04-Rev., 2023]<\/div>\n<\/td>\n<td>\u9234\u6728\u6566\u5b50<\/td>\n<td>July 2023<\/td>\n<\/tr>\n<tr>\n<td>23-09<\/td>\n<td><a href=\"..\/dp\/2309.pdf\" target=\"_blank\" rel=\"noopener\">Optimal capital structure with earnings above a floor<\/a><\/td>\n<td>Michi NISHIHARA, Takashi SHIBATA<\/td>\n<td>June 2023<\/td>\n<\/tr>\n<tr>\n<td>23-08<\/td>\n<td><a href=\"..\/dp\/2308.pdf\" target=\"_blank\" rel=\"noopener\">The State Finance and Public Goods from The General Equilibrium Viewpoint: Fundamental Welfare Theorems for Lindahlian General Equilibrium with Money<\/a><\/td>\n<td>KEN URAI, HIROMI MURAKAMI, DAISUKE KOBAYASHI<\/td>\n<td>June 2023<\/td>\n<\/tr>\n<tr>\n<td>23-07<\/td>\n<td><a href=\"..\/dp\/2307.pdf\" target=\"_blank\" rel=\"noopener\">Accounting comparability and the accuracy of management earnings forecasts in Japan<\/a><\/td>\n<td>Wenjun Kuang<\/td>\n<td>May 2023<\/td>\n<\/tr>\n<tr>\n<td>23-06<\/td>\n<td><a href=\"..\/dp\/2306.pdf\" target=\"_blank\" rel=\"noopener\">\u4e09\u4e95\u8d8a\u5f8c\u5c4b\u306e\u300c\u5c0f\u5224\u516d\u5341\u76ee\u4e4b\u639b\u6cd5\u300d\u2015\u6b63\u5fb3\u30fb\u4eab\u4fdd\u671f\u306e\u7269\u4fa1\u30fb\u901a\u8ca8\u306b\u95a2\u3059\u308b\u5e02\u5834\u5206\u6790\u3068\u5546\u5bb6\u306e\u5bfe\u7b56\u2015<\/a><\/td>\n<td>\u9234\u6728\u6566\u5b50<\/td>\n<td>May 2023<\/td>\n<\/tr>\n<tr>\n<td>23-05<\/td>\n<td><a href=\"..\/dp\/2305.pdf\" target=\"_blank\" rel=\"noopener\">Tax-Price Elasticities of Charitable Giving and Selection of Declaration: Panel Study of South Korea<\/a><\/td>\n<td>Hiroki Kato, Tsuyoshi Goto, Youngrok Kim<\/td>\n<td>March 2023<\/td>\n<\/tr>\n<tr>\n<td>23-04<\/td>\n<td><a href=\"..\/dp\/2304.pdf\" target=\"_blank\" rel=\"noopener\">\u5b50\u3069\u3082\u3092\u6551\u6e08\u30fb\u30b1\u30a2\u3059\u308b\u305f\u3081\u306e\u5bcc\u306e\u518d\u5206\u914d\u20151930\u5e74\u4ee3\u3001\u6771\u5317\u8fb2\u6751\u306b\u8a2d\u7f6e\u3055\u308c\u305f\u8a17\u5150\u6240\u3078\u306e\u5bc4\u4ed8\u306b\u6ce8\u76ee\u3057\u3066<\/a><\/td>\n<td>\u767d\u4e95\u6cc9<\/td>\n<td>March 2023<\/td>\n<\/tr>\n<tr>\n<td>22-04-Rev.<\/td>\n<td>\u6c5f\u6238\u5c0f\u5224\u516d\u5341\u76ee<br \/>\n              <\/p>\n<div><b>* Revised\uff1a<\/b> [22-04, 2022]<\/div>\n<\/td>\n<td>\u9234\u6728\u6566\u5b50<\/td>\n<td>February 2023<\/td>\n<\/tr>\n<tr>\n<td>23-03<\/td>\n<td><a href=\"..\/dp\/2303.pdf\" target=\"_blank\" rel=\"noopener\">\u30ad\u30e3\u30ea\u30a2\u81ea\u5f8b\u3068\u7d44\u7e54\u3092\u80cc\u8ca0\u3046\u610f\u8b58\u3068\u306e\u95a2\u4fc2\u6027\u306b\u95a2\u3059\u308b\u8003\u5bdf\u2015\u30ad\u30e3\u30ea\u30a2\u306e\u9078\u629e\u80a2\u3068\u7d44\u7e54\u5185\u5bfe\u4eba\u95a2\u4fc2\u306e\u8abf\u6574\u52b9\u679c\u3092\u8e0f\u307e\u3048\u3066\u2015<br \/>\n              <\/a><\/td>\n<td>\u65b0\u6cbc\u771f\u5948\u7f8e, \u53e4\u91ce\u6cf0\u751f, \u897f\u53e3\u96c4\u4e00, \u5e73\u62d3\u4e5f, \u958b\u672c\u6d69\u77e2<\/td>\n<td>February 2023<\/td>\n<\/tr>\n<tr>\n<td>23-02<\/td>\n<td><a href=\"..\/dp\/2302.pdf\" target=\"_blank\" rel=\"noopener\">Mixture Attitudes of Expectation-Based Loss Aversion<br \/>\n              <\/a><\/td>\n<td>Daijiro Kawanaka<\/td>\n<td>February 2023<\/td>\n<\/tr>\n<tr>\n<td>23-01<\/td>\n<td><a href=\"..\/dp\/2301.pdf\" target=\"_blank\" rel=\"noopener\">How Does Opt-in Work? A Field Experiment on Financial Incentives for Physical Activity<br \/>\n              <\/a><\/td>\n<td>Hirofumi Kurokawa, Shusaku Sasaki<\/td>\n<td>February 2023<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2022\" class=\"infoSubTitle\">2022\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>22-07<\/td>\n<td><a href=\"..\/dp\/2207.pdf\" target=\"_blank\" rel=\"noopener\">Exploring The Predictors and Mechanism of Protean Career Orientation in Eastern Context: The Effect of Yin-Yang Values, Career Adaptability, and Traditional Gender Role Beliefs<br \/>\n                <\/a><\/td>\n<td>Zhuo Zhang, Jie Li, Tomoki Sekiguchi<\/td>\n<td>November 2022<\/td>\n<\/tr>\n<tr>\n<td>22-06<\/td>\n<td>A demographic and nutritional analysis of urban lower-class dwellers in modern Japan: the case of one <i class=\"italic\">Saimin-chiku<\/i> in Tokyo, ca.1930<\/td>\n<td>Kenichi Tomobe, Minori Oshidari, Keisuke Moriya<\/td>\n<td>November 2022<\/td>\n<\/tr>\n<tr>\n<td>22-05<\/td>\n<td><a href=\"..\/dp\/2205.pdf\" target=\"_blank\" rel=\"noopener\">Corporate sustainability, investment, and capital structure<br \/>\n                <\/a><\/td>\n<td>Michi NISHIHARA<\/td>\n<td>November 2022<\/td>\n<\/tr>\n<tr>\n<td>22-04<\/td>\n<td>\u6c5f\u6238\u5c0f\u5224\u516d\u5341\u76ee\n                <\/td>\n<td>\u9234\u6728\u6566\u5b50<\/td>\n<td>October 2022<\/td>\n<\/tr>\n<tr>\n<td>22-03<\/td>\n<td><a href=\"..\/dp\/2203.pdf\" target=\"_blank\" rel=\"noopener\">Existence of Monetary Equilibrium for Overlapping Generations Economies with Satiated Agents<br \/>\n                <\/a><\/td>\n<td>KEN URAI, HIROMI MURAKAMI, TAKAHIRO MORIYA\n                <\/td>\n<td>August 2022<\/td>\n<\/tr>\n<tr>\n<td>22-02<\/td>\n<td><a href=\"..\/dp\/2202.pdf\" target=\"_blank\" rel=\"noopener\">Pitch Call Discrimination in Major League Baseball: The Effect on the Observed Performance and the Salaries<\/a><\/td>\n<td>Reio Tanji<\/td>\n<td>August 2022<\/td>\n<\/tr>\n<tr>\n<td>22-01<\/td>\n<td><a href=\"..\/dp\/2201.pdf\" target=\"_blank\" rel=\"noopener\">\u65e5\u672c\u682a\u5f0f\u3092\u5bfe\u8c61\u3068\u3057\u305f\u30b5\u30b9\u30c6\u30ca\u30d3\u30ea\u30c6\u30a3\u30fb\u30c6\u30fc\u30de\u578b\u6307\u6570\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u5206\u6790<\/a><\/td>\n<td>\u9f4b\u85e4\u5468, \u8c37\u5d0e\u4e45\u5fd7<\/td>\n<td>June 2022<\/td>\n<\/tr>\n<tr>\n<td>21-28<\/td>\n<td>Naive Agents with Non-unitary Discounting Rate in a Monetary Economy<\/td>\n<td>Koichi Futagami, Daiki Maeda<\/td>\n<td>March 2022<\/td>\n<\/tr>\n<tr>\n<td>21-27<\/td>\n<td><a href=\"..\/dp\/2127.pdf\" target=\"_blank\" rel=\"noopener\">\u65e5\u672c\u682a\u5f0f\u3092\u5bfe\u8c61\u3068\u3057\u305fESG\u7dcf\u5408\u578b\u6307\u6570\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u5206\u6790<\/a><\/td>\n<td>\u9f4b\u85e4\u5468<\/td>\n<td>February 2022<\/td>\n<\/tr>\n<tr>\n<td>21-26<\/td>\n<td><a href=\"..\/dp\/2126.pdf\" target=\"_blank\" rel=\"noopener\">Taxing mobile and overconfident top earners<\/a><\/td>\n<td>Andreas HAUFLER, Yukihiro NISHIMURA<\/td>\n<td>February 2022<\/td>\n<\/tr>\n<tr>\n<td>21-25<\/td>\n<td><a href=\"..\/dp\/2125.pdf\" target=\"_blank\" rel=\"noopener\">\u65e5\u672c\u5e02\u5834\u306b\u304a\u3051\u308bPost-Earnings Announcement Drift \u3068\u6d41\u52d5\u6027\u306e\u5206\u6790<\/a><\/td>\n<td>\u7b20\u539f\u6643\u606d, Xin Zhong<\/td>\n<td>January 2022<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2021\" class=\"infoSubTitle\">2021\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>21-24-Rev.<\/td>\n<td><a href=\"..\/dp\/2124R.pdf\" target=\"_blank\" rel=\"noopener\">A Study on the Level of Market Efficiency in Five Markets<\/a><br \/>\n          <\/p>\n<div><b>* Revised\uff1a<\/b>A Study on the Level of Market Efficiency in five countries [21-24, 2021]<\/div>\n<\/td>\n<td>Guoxi Duan, Hisashi Tanizaki<\/td>\n<td>December 2021<\/td>\n<\/tr>\n<tr>\n<td>21-24<\/td>\n<td>A Study on the Level of Market Efficiency in five countries<\/td>\n<td>Guoxi Duan, Hisashi Tanizaki<\/td>\n<td>December 2021<\/td>\n<\/tr>\n<tr>\n<td>21-23<\/td>\n<td><a href=\"..\/dp\/2123.pdf\" target=\"_blank\" rel=\"noopener\">A Study on the Level of Market Efficiency Based on CSI 300 and 300 Constituent<br \/>\n          Stocks<\/a><\/td>\n<td>Guoxi Duan, Hisashi Tanizaki<\/td>\n<td>December 2021<\/td>\n<\/tr>\n<tr>\n<td>21-22<\/td>\n<td><a href=\"..\/dp\/2122.pdf\" target=\"_blank\" rel=\"noopener\">A Study on Market Efficiency Using Data from Shanghai Stock Exchange and<br \/>\n          Shenzhen Stock Exchange<\/a><\/td>\n<td>Guoxi Duan, Hisashi Tanizaki<\/td>\n<td>December 2021<\/td>\n<\/tr>\n<tr>\n<td>21-21<\/td>\n<td><a href=\"..\/dp\/2121.pdf\" target=\"_blank\" rel=\"noopener\">Financial behavior for status seeking purposes of consumers in emerging markets.<br \/>\n          A case study of suburban Jakarta, Indonesia.<\/a><\/td>\n<td>A.R.S. Ibn Ali<\/td>\n<td>November 2021<\/td>\n<\/tr>\n<tr>\n<td>21-20<\/td>\n<td><a href=\"..\/dp\/2120.pdf\" target=\"_blank\" rel=\"noopener\">\u6392\u51fa\u6a29\u4fa1\u683c \u3001\u682a\u4fa1\u3001\u91d1\u5229\u3001\u5916\u56fd\u70ba\u66ff\u30ec\u30fc\u30c8\u306e\u76f8\u4e92\u4f5c\u7528\u306e\u5206\u6790<\/a><\/td>\n<td>\u9f4b\u85e4\u5468<\/td>\n<td>November 2021<\/td>\n<\/tr>\n<tr>\n<td>21-19<\/td>\n<td><a href=\"..\/dp\/2119.pdf\" target=\"_blank\" rel=\"noopener\">Bayesian inference for time varying partial adjustment model with application to<br \/>\n          intraday price discovery<\/a><\/td>\n<td>Kenji Hatakenaka, Kosuke Oya<\/td>\n<td>November 2021<\/td>\n<\/tr>\n<tr>\n<td>21-18<\/td>\n<td><a href=\"..\/dp\/2118.pdf\" target=\"_blank\" rel=\"noopener\">2020\u5e74\u8cc7\u91d1\u6c7a\u6e08\u6cd5\u6539\u6b63 \u304c\u793a\u5506\u3059\u308b\u91d1\u878d\u5236\u5ea6\u4e0a\u306e\u8ad6\u70b9<\/a><\/td>\n<td>\u7af9\u7aef\u514b\u5229, \u8c37\u5d0e\u4e45\u5fd7<\/td>\n<td>November 2021<\/td>\n<\/tr>\n<tr>\n<td>21-17<\/td>\n<td><a href=\"..\/dp\/2117.pdf\" target=\"_blank\" rel=\"noopener\">\u300c\u88dc\u5b8c\u5f53\u5ea7\u9810\u91d1\u5236\u5ea6\u300d\u306f\u9280\u884c\u306e\u30ea\u30b6\u30fc\u30d6\u9700\u8981\u306b\u3069\u306e\u3088\u3046\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u305f\u306e\u304b\uff1f\uff0d\u9280\u884c\u8ca1\u52d9\u30c7\u30fc\u30bf\u3092\u7528\u3044\u305f\u5b9f\u8a3c\u5206\u6790\uff0d<\/a><\/td>\n<td>\u7af9\u7aef\u514b\u5229, \u8c37\u5d0e\u4e45\u5fd7<\/td>\n<td>November 2021<\/td>\n<\/tr>\n<tr>\n<td>21-16<\/td>\n<td><a href=\"..\/dp\/2116.pdf\" target=\"_blank\" rel=\"noopener\">Taxes, corporate takeovers, and step transactions<\/a><\/td>\n<td>Kazuki Onji, Roger H. Gordon<\/td>\n<td>November 2021<\/td>\n<\/tr>\n<tr>\n<td>21-15<\/td>\n<td><a href=\"..\/dp\/2115.pdf\" target=\"_blank\" rel=\"noopener\">Early monetary policies of the Tokugawa shogunate and merchants\u2019 coping<br \/>\n          strategies: 1695-1736<\/a><\/td>\n<td>Atsuko Suzuki<\/td>\n<td>November 2021<\/td>\n<\/tr>\n<tr>\n<td>21-14<\/td>\n<td><a href=\"..\/dp\/2114.pdf\" target=\"_blank\" rel=\"noopener\">Impact of Temporary School Closure Due to COVID-19 on the Academic Achievement<br \/>\n          of Elementary School Students<\/a><\/td>\n<td>Shinsuke Asakawa, Fumio Ohtake<\/td>\n<td>September 2021<\/td>\n<\/tr>\n<tr>\n<td>21-13<\/td>\n<td><a href=\"..\/dp\/2113.pdf\" target=\"_blank\" rel=\"noopener\">Corporate investment, financing, and exit model with an earnings-based borrowing<br \/>\n          constraint<\/a><\/td>\n<td>Michi NISHIHARA, Takashi SHIBATA, Chuanqian ZHANG<\/td>\n<td>September 2021<\/td>\n<\/tr>\n<tr>\n<td>21-12<\/td>\n<td><a href=\"..\/dp\/2112.pdf\" target=\"_blank\" rel=\"noopener\">\u7dca\u6025\u4e8b\u614b\u5ba3\u8a00\u306f\u8ab0\u306e\u50cd\u304d\u65b9\u3092\u5909\u3048\u305f\u304b<\/a><\/td>\n<td>\u5927\u7af9\u6587\u96c4, \u52a0\u85e4\u5927\u8cb4<\/td>\n<td>September 2021<\/td>\n<\/tr>\n<tr>\n<td>13-01-Rev.<\/td>\n<td><a href=\"..\/dp\/1301R.pdf\" target=\"_blank\" rel=\"noopener\">An Experimental Study on Information Acquisition and Disclosure in a Cournot Duopoly Market<\/a><br \/>\n          <\/p>\n<div><b>* Revised\uff1a<\/b>The Impact of Mandatory Disclosure on Information Acquisition: Theory and Experiment [13-01, 2013]<\/div>\n<\/td>\n<td>Kazunori Miwa<\/td>\n<td>August 2021<\/td>\n<\/tr>\n<tr>\n<td>21-11<\/td>\n<td><a href=\"..\/dp\/2111.pdf\" target=\"_blank\" rel=\"noopener\">\u5b9a\u5e74\u5f8c\u518d\u96c7\u7528\u306b\u4f34\u3046\u5404\u7a2e\u5909\u5316\u3068\u5185\u767a\u7684\u30e2\u30c1\u30d9\u30fc\u30b7\u30e7\u30f3\u306e\u95a2\u4fc2\u6027<\/a><\/td>\n<td>\u77f3\u585a\u4fee\u53f8, \u95a2\u6839\u6d69\u4e00, \u89d2\u5730\u4fe1\u592a\u90ce, \u4e0a\u5c71\u771f\u5b9f, \u958b\u672c\u6d69\u77e2<\/td>\n<td>August 2021<\/td>\n<\/tr>\n<tr>\n<td>20-21-Rev.<\/td>\n<td><a href=\"..\/dp\/2021R.pdf\" target=\"_blank\" rel=\"noopener\">Electoral Commitment in Asymmetric Tax-competition Models<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [20-21, 2021]<\/div>\n<\/td>\n<td>Yukihiro Nishimura, Kimiko Terai<\/td>\n<td>July 2021<\/td>\n<\/tr>\n<tr>\n<td>21-10<\/td>\n<td><a href=\"..\/dp\/2110.pdf\" target=\"_blank\" rel=\"noopener\">Why Minimum Corporate Income Taxation Can Make the High-Tax Countries Worse off:<br \/>\n          the Compliance Dilemma<\/a><\/td>\n<td>Jean HINDRIKS, Yukihiro NISHIMURA<\/td>\n<td>July 2021<\/td>\n<\/tr>\n<tr>\n<td>21-09<\/td>\n<td><a href=\"..\/dp\/2109.pdf\" target=\"_blank\" rel=\"noopener\">Inequality aversion with general payoff function<\/a><\/td>\n<td>Daijiro Kawanaka<\/td>\n<td>June 2021<\/td>\n<\/tr>\n<tr>\n<td>21-08<\/td>\n<td>Predictability of market returns for the UK\u2019s former colonies, protectorates, and mandates<\/td>\n<td>Takuro Hidaka, Jun Sakamoto<\/td>\n<td>June 2021<\/td>\n<\/tr>\n<tr>\n<td>21-07<\/td>\n<td><a href=\"..\/dp\/2107.pdf\" target=\"_blank\" rel=\"noopener\">Nudges for COVID-19 voluntary vaccination: How to explain peer information?<\/a><\/td>\n<td>Shusaku Sasaki, Tomoya Saito, Fumio Ohtake<\/td>\n<td>June 2021<\/td>\n<\/tr>\n<tr>\n<td>21-06<\/td>\n<td><a href=\"..\/dp\/2106.pdf\" target=\"_blank\" rel=\"noopener\">The Resilience of FDI to Natural Disasters through Industrial Linkages<\/a><\/td>\n<td>Hayato Kato, Toshihiro Okubo<\/td>\n<td>June 2021<\/td>\n<\/tr>\n<tr>\n<td>21-05<\/td>\n<td><a href=\"..\/dp\/2105.pdf\" target=\"_blank\" rel=\"noopener\">Technology sharing incentives for monopolistic firms<\/a><\/td>\n<td>Takahiro Ishii<\/td>\n<td>May 2021<\/td>\n<\/tr>\n<tr>\n<td>21-04<\/td>\n<td><a href=\"..\/dp\/2104.pdf\" target=\"_blank\" rel=\"noopener\">The effect of <i class=\"italic\">inter vivos<\/i> gifts taxation on wealth inequality and economic<br \/>\n          growth<\/a><\/td>\n<td>Ryota Nakano<\/td>\n<td>May 2021<\/td>\n<\/tr>\n<tr>\n<td>21-03<\/td>\n<td><a href=\"..\/dp\/2103.pdf\" target=\"_blank\" rel=\"noopener\">Estimation of High Dimensional Vector Autoregression via Sparse Precision Matrix<\/a><\/td>\n<td>Benjamin Poignard, Manabu Asai<\/td>\n<td>April 2021<\/td>\n<\/tr>\n<tr>\n<td>21-02<\/td>\n<td><a href=\"..\/dp\/2102.pdf\" target=\"_blank\" rel=\"noopener\">Human capital spillovers from Special Economic Zones: evidence from Yangtze<br \/>\n          Delta in China<\/a><\/td>\n<td>Zhaoying Lu<\/td>\n<td>April 2021<\/td>\n<\/tr>\n<tr>\n<td>21-01<\/td>\n<td><a href=\"..\/dp\/2101.pdf\" target=\"_blank\" rel=\"noopener\">Quantifying the effects of Special Economic Zones using spatial econometric models<\/a><\/td>\n<td>Zhaoying Lu<\/td>\n<td>April 2021<\/td>\n<\/tr>\n<tr>\n<td>20-24<\/td>\n<td><a href=\"..\/dp\/2024.pdf\" target=\"_blank\" rel=\"noopener\">How should a startup respond to acquirers? A real options analysis<\/a><\/td>\n<td>Michi NISHIHARA<\/td>\n<td>March 2021<\/td>\n<\/tr>\n<tr>\n<td>20-23<\/td>\n<td><a href=\"..\/dp\/2023.pdf\" target=\"_blank\" rel=\"noopener\">Reference Dependence and Monetary Incentives: Evidence from Major League Baseball<\/a><\/td>\n<td>Reio Tanji<\/td>\n<td>March 2021<\/td>\n<\/tr>\n<tr>\n<td>20-22<\/td>\n<td><a href=\"..\/dp\/2022.pdf\" target=\"_blank\" rel=\"noopener\">A geographical and statistical analysis of \u201c<i class=\"italic\">Karyu-byo<\/i>\u201d, Japan\u2019s venereal disease (VD): the effect of the morbidity on indexes of infertility and fertility in modern Japan: the case of Gunma prefecture, 1910s-20s<\/a><\/td>\n<td>Kenichi Tomobe<\/td>\n<td>February 2021<\/td>\n<\/tr>\n<tr>\n<td>20-21<\/td>\n<td>Electoral Commitment in Asymmetric Tax-competition Models<\/td>\n<td>Yukihiro Nishimura, Kimiko Terai\n          <\/td>\n<td>February 2021<\/td>\n<\/tr>\n<tr>\n<td>20-20<\/td>\n<td><a href=\"..\/dp\/2020.pdf\" target=\"_blank\" rel=\"noopener\">Child Labor, Corruption, and Development<\/a><\/td>\n<td>Toshiki Miyashita, Kohei Okada,<br \/>\n          Kei Takakura<\/td>\n<td>January 2021<\/td>\n<\/tr>\n<tr>\n<td>20-19<\/td>\n<td><a href=\"..\/dp\/2019.pdf\" target=\"_blank\" rel=\"noopener\">Economic Integration and Agglomeration of Multinational Production with Transfer Pricing<\/a><\/td>\n<td>Hayato Kato, Hirofumi Okoshi<\/td>\n<td>January 2021<\/td>\n<\/tr>\n<tr>\n<td>20-18<\/td>\n<td><a href=\"..\/dp\/2018.pdf\" target=\"_blank\" rel=\"noopener\">Does It Matter Where You Invest? The Impact of FDI on Domestic Job Creation and Destruction<\/a><\/td>\n<td>Bin Ni, Hayato Kato, Yang Liu<\/td>\n<td>January 2021<\/td>\n<\/tr>\n<tr>\n<td>20-17<\/td>\n<td><a href=\"..\/dp\/2017.pdf\" target=\"_blank\" rel=\"noopener\">Efficient policy with firm heterogeneity and variable markups<\/a><\/td>\n<td>Atsushi Tadokoro<\/td>\n<td>January 2021<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"yearDp\">\n<h3 id=\"2020\" class=\"infoSubTitle\">2020\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>20-16<\/td>\n<td><a href=\"..\/dp\/2016.pdf\" target=\"_blank\" rel=\"noopener\">Tariff policies, variable markups, and within-sector misallocation<\/a><\/td>\n<td>Atsushi Tadokoro<\/td>\n<td>December 2020<\/td>\n<\/tr>\n<tr>\n<td>20-15<\/td>\n<td><a href=\"..\/dp\/2015.pdf\" target=\"_blank\" rel=\"noopener\">Daewoo Motors (1992-1999): A dragon multinational in the car industry<\/a><\/td>\n<td>Sardor Tadjiev, Pierre-Yves&nbsp;Donz\u00e9<\/td>\n<td>November 2020<\/td>\n<\/tr>\n<tr>\n<td>20-14<\/td>\n<td><a href=\"..\/dp\/2014.pdf\" target=\"_blank\" rel=\"noopener\">\u6210\u9577\u306b\u3064\u306a\u304c\u308b\u884c\u52d5\u3068\u4eba\u4e8b\u8a55\u4fa1\u306e\u95a2\u4fc2\u306b\u95a2\u3059\u308b\u4e00\u8003\u5bdf<\/a><\/td>\n<td>\u9ad8\u5ca1\u88d5\u6cbb, \u5927\u53cb\u751f\u5b50, \u6850\u7551\u826f\u592a, \u9ad8\u6bd4\u826f\u548c\u4fca, \u958b\u672c\u6d69\u77e2<\/td>\n<td>October 2020<\/td>\n<\/tr>\n<tr>\n<td>20-13<\/td>\n<td><a href=\"..\/dp\/2013.pdf\" target=\"_blank\" rel=\"noopener\">Child mortality, child labor, fertility, and demographics<\/a><\/td>\n<td>Kei Takakura<\/td>\n<td>September 2020<\/td>\n<\/tr>\n<tr>\n<td>20-12<\/td>\n<td><a href=\"..\/dp\/2012.pdf\" target=\"_blank\" rel=\"noopener\">\u7d4c\u55b6\u8005\u306e\u4e88\u60f3\u5229\u76ca\u306b\u3082\u3068\u3065\u304f\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u2015Gao et al. (2019)\u30e2\u30c7\u30eb\u306e\u691c\u8a3c\u2015<\/a><\/td>\n<td>\u6771\u5ddd\u548c\u5c06<\/td>\n<td>August 2020<\/td>\n<\/tr>\n<tr>\n<td>20-11<\/td>\n<td><a href=\"..\/dp\/2011.pdf\" target=\"_blank\" rel=\"noopener\">Short-term responses to nudge-based messages for preventing the spread of<br \/>\nCOVID-19 infection: Intention, behavior, and life satisfaction<\/a><\/td>\n<td>Shusaku Sasaki, Hirofumi Kurokawa, Fumio Ohtake<\/td>\n<td>August 2020<\/td>\n<\/tr>\n<tr>\n<td>20-10<\/td>\n<td><a href=\"..\/dp\/2010.pdf\" target=\"_blank\" rel=\"noopener\">Optimal capital structure and bankruptcy cascades<\/a><\/td>\n<td>Michi NISHIHARA, Takashi SHIBATA<\/td>\n<td>July 2020<\/td>\n<\/tr>\n<tr>\n<td>19-15-Rev.<\/td>\n<td><a href=\"..\/dp\/1915R.pdf\" target=\"_blank\" rel=\"noopener\">Coordination and free-riding problems in the provision of multiple public goods<\/a><\/p>\n<div><b>* Revised\uff1a<\/b>Coordination and free-riding problems in blood donations [19-15, 2019]<\/div>\n<\/td>\n<td>Ai Takeuchi, Erika Seki<\/td>\n<td>June 2020<\/td>\n<\/tr>\n<tr>\n<td>20-09<\/td>\n<td><a href=\"..\/dp\/2009.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic Analysis of Education, Automation, and Economic Growth<\/a><\/td>\n<td>Kohei Okada<\/td>\n<td>May 2020<\/td>\n<\/tr>\n<tr>\n<td>19-13-Rev.<\/td>\n<td><a href=\"..\/dp\/1913R.pdf\" target=\"_blank\" rel=\"noopener\">Is Environmental Tax Harmonization Desirable in Global Value Chains?<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [19-13, 2019]<\/div>\n<\/td>\n<td>Haitao Cheng, Hayato Kato, Ayako Obashi<\/td>\n<td>May 2020<\/td>\n<\/tr>\n<tr>\n<td>20-08<\/td>\n<td><a href=\"..\/dp\/2008.pdf\" target=\"_blank\" rel=\"noopener\">Tariffs and Foreign Direct Investment in a North South Product Cycle Model<\/a><\/td>\n<td>Tatsuro Iwaisako, Hitoshi Tanaka<\/td>\n<td>May 2020<\/td>\n<\/tr>\n<tr>\n<td>20-07<\/td>\n<td><a href=\"..\/dp\/2007.pdf\" target=\"_blank\" rel=\"noopener\">Education policy and R&amp;D based growth in an overlapping generations model<\/a><\/td>\n<td>Kohei Okada<\/td>\n<td>May 2020<\/td>\n<\/tr>\n<tr>\n<td>20-06<\/td>\n<td><a href=\"..\/dp\/2006.pdf\" target=\"_blank\" rel=\"noopener\">\u5730\u65b9\u304b\u3089\u307f\u305f\u30a2\u30e1\u30ea\u30ab\u9023\u90a6\u653f\u5e9c\u306e\u6c34\u529b\u767a\u96fb\u20154\u3064\u306e\u521d\u671f\u306e\u958b\u58be\u4e8b\u696d\u306e\u4e8b\u4f8b\u5206\u6790\u2015<\/a><\/td>\n<td>\u65e5\u9ad8 \u5353\u6717<\/td>\n<td>April 2020<\/td>\n<\/tr>\n<tr>\n<td>19-04-Rev.2<\/td>\n<td><a href=\"..\/dp\/1904R2.pdf\" target=\"_blank\" rel=\"noopener\">Can child benefits encourage parents\u2019 attitudes toward a childrearing<br \/>\nenvironment in Japan? Effects of the expansions of the child benefit policy<\/a><\/p>\n<div><b>* Revised\uff1a<\/b>Can &#8220;Child Benefit&#8221; overcome the low fertility rate in Japan? Effects of Child Benefit Policy Expansion [19-04-Rev., 2019]<\/div>\n<\/td>\n<td>Shinsuke Asakawa<\/td>\n<td>April 2020<\/td>\n<\/tr>\n<tr>\n<td>20-05<\/td>\n<td><a href=\"..\/dp\/2005.pdf\" target=\"_blank\" rel=\"noopener\">Do vertical spillovers differ by investors&#8217; productivity?<br \/>Theory and evidence<br \/>\nfrom Vietnam<\/a><\/td>\n<td>Bin Ni, Hayato Kato<\/td>\n<td>February 2020<\/td>\n<\/tr>\n<tr>\n<td>20-04<\/td>\n<td><a href=\"..\/dp\/2004.pdf\" target=\"_blank\" rel=\"noopener\">Preemptive competition between two firms with different discount rates<\/a><\/td>\n<td>Michi NISHIHARA<\/td>\n<td>February 2020<\/td>\n<\/tr>\n<tr>\n<td>20-03<\/td>\n<td><a href=\"..\/dp\/2003.pdf\" target=\"_blank\" rel=\"noopener\">\u8fd1\u4ee3\u65e5\u672c\u8fb2\u6751\u306b\u304a\u3051\u308b\u5b66\u9f62\u5150\u7ae5\u306e\u4f53\u4f4d\u6210\u9577\uff0d\u9577\u91ce\u770c\u4e0b\u4f0a\u90a3\u90e1\u5ea7\u5149\u5bfa\u6751\u3092\u5bfe\u8c61\u3068\u3057\u305f\u4e00\u5206\u6790\uff0d<\/a><\/td>\n<td>\u6728\u6751 \u591a\u5609\u5b50<\/td>\n<td>February 2020<\/td>\n<\/tr>\n<tr>\n<td>20-02<\/td>\n<td><a href=\"..\/dp\/2002.pdf\" target=\"_blank\" rel=\"noopener\">A Penalised OLS Framework for High-Dimensional Multivariate Stochastic<br \/>\nVolatility Models<\/a><\/td>\n<td>Benjamin Poignard, Manabu Asai<\/td>\n<td>January 2020<\/td>\n<\/tr>\n<tr>\n<td>20-01<\/td>\n<td><a href=\"..\/dp\/2001.pdf\" target=\"_blank\" rel=\"noopener\">The Text-Score Allocation Model: Finding Latent Topics of Online Review<br \/>\nDocuments and Multi-Item Ratings<\/a><\/td>\n<td>Sotaro Katsumata, Seungjin Kim<\/td>\n<td>January 2020<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2019\" class=\"infoSubTitle\">2019\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>19-18<\/td>\n<td><a href=\"..\/dp\/1918.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic analysis of demographic change and human capital accumulation in an<br \/>\n              R&amp; D-based growth model<\/a><\/td>\n<td>Kohei Okada<\/td>\n<td>December 2019<\/td>\n<\/tr>\n<tr>\n<td>19-17<\/td>\n<td><a href=\"..\/dp\/1917.pdf\" target=\"_blank\" rel=\"noopener\">Height, nutrition and the side production of sericulture and carp feeding in<br \/>\n              modern rural Japan (1) aggregate data analysis: the case of Zakouji-village,<br \/>\n              Shimo-Ina gun, Nagano, 1880s-1930s<\/a><\/td>\n<td>Kenichi Tomobe, Takako Kimura, Keisuke Moriya<\/td>\n<td>November 2019<\/td>\n<\/tr>\n<tr>\n<td>19-16<\/td>\n<td><a href=\"..\/dp\/1916.pdf\" target=\"_blank\" rel=\"noopener\">Mining pollution and infant health in modern Japan: from village\/ town<br \/>\n              statistics of infant mortality<\/a><\/td>\n<td>Keisuke Moriya, Kenichi Tomobe<\/td>\n<td>November 2019<\/td>\n<\/tr>\n<tr>\n<td>19-15<\/td>\n<td>Coordination and free-riding problems in blood donations<\/td>\n<td>Ai Takeuchi, Erika Seki<\/td>\n<td>October 2019<\/td>\n<\/tr>\n<tr>\n<td>19-14<\/td>\n<td><a href=\"..\/dp\/1914.pdf\" target=\"_blank\" rel=\"noopener\">Public debt rule breaking by time-inconsistent voters<\/a><\/td>\n<td>Ryo Arawatari, Tetsuo Ono<\/td>\n<td>October 2019<\/td>\n<\/tr>\n<tr>\n<td>19-04-Rev.<\/td>\n<td>Can &#8220;Child Benefit&#8221; overcome the low fertility rate in Japan? Effects of Child<br \/>\n              Benefit Policy Expansion<\/p>\n<div><b>* Revised\uff1a<\/b>Could the Child Benefit Save the Low Fertility Country?: Evidence from the<br \/>\n              Expansion of Child Benefit Policy in Japan [19-04, 2019]<\/div>\n<\/td>\n<td>Shinsuke Asakawa<\/td>\n<td>October 2019<\/td>\n<\/tr>\n<tr>\n<td>19-13<\/td>\n<td>Is Environmental Tax Harmonization Desirable in Global Value Chains?<\/td>\n<td>Haitao Cheng, Hayato Kato, Ayako Obashi<\/td>\n<td>September 2019<\/td>\n<\/tr>\n<tr>\n<td>18-10-Rev.<\/td>\n<td><a href=\"..\/dp\/1810R.pdf\" target=\"_blank\" rel=\"noopener\">Corruption, mortality rates, and development: Policies for escaping from the poverty trap<\/a><\/p>\n<div><b>* Revised\uff1a<\/b>Corruption, Mortality and Fertility Rates, and Development [18-10, 2018]<\/div>\n<\/td>\n<td>Kiyoka Akimoto<\/td>\n<td>September 2019<\/td>\n<\/tr>\n<tr>\n<td>19-12<\/td>\n<td><a href=\"..\/dp\/1912.pdf\" target=\"_blank\" rel=\"noopener\">The effects of asset liquidity on dynamic bankruptcy decisions<\/a><\/td>\n<td>Michi NISHIHARA, Takashi SHIBATA<\/td>\n<td>September2019<\/td>\n<\/tr>\n<tr>\n<td>19-11<\/td>\n<td><a href=\"..\/dp\/1911.pdf\" target=\"_blank\" rel=\"noopener\">Long-Term Consequences of Group Work in Japanese Public Elementary Schools<\/a><\/td>\n<td>Kohei Kubota, Takahiro Ito, Fumio Ohtake<\/td>\n<td>August 2019<\/td>\n<\/tr>\n<tr>\n<td>17-32-Rev.<\/td>\n<td><a href=\"..\/dp\/1732R.pdf\" target=\"_blank\" rel=\"noopener\">20\u4e16\u7d00\u521d\u982d\u7c73\u56fd\u306e\u958b\u58be\u5c40\u3068\u8fb2\u52d9\u7701\u306b\u3088\u308b\u8fb2\u696d\u554f\u984c\u3078\u306e\u53d6\u308a\u304f\u307f<\/a><\/p>\n<div><b>* Revised\uff1a<\/b>20\u4e16\u7d00\u521d\u982d\u7c73\u56fd\u306e\u5185\u52d9\u7701\u958b\u58be\u90e8\u30fb\u5c40\u306e\u5f79\u5272\u2015\u6700\u521d\u306e5\u4e8b\u696d\u306e\u8fb2\u4f5c\u7269\u53ce\u76ca\u984d\u306b\u5bfe\u3057\u3066\u2015 [17-32, 2017] <\/div>\n<\/td>\n<td>\u65e5\u9ad8 \u5353\u6717<\/td>\n<td>August 2019<\/td>\n<\/tr>\n<tr>\n<td>19-10<\/td>\n<td><a href=\"..\/dp\/1910.pdf\" target=\"_blank\" rel=\"noopener\">\u6d88\u8cbb\u7a0e\u306b\u304a\u3051\u308b\u95be\u5024\u3068\u5c0f\u898f\u6a21\u4f01\u696d\u306e\u96c6\u7a4d\uff1a2019\u5e74\u5897\u7a0e\u3078\u306e\u5c55\u671b<\/a><\/td>\n<td>\u5e02\u5ddd \u7ffc, \u30e1\u30ca\u30ab \u30a2\u30eb\u30c9\u30c1\u30e5\u30eb\u30ef\u30f3, \u6069\u5730 \u4e00\u6a39<\/td>\n<td>July 2019<\/td>\n<\/tr>\n<tr>\n<td>19-06-Rev.<\/td>\n<td><a href=\"..\/dp\/1906R.pdf\" target=\"_blank\" rel=\"noopener\">Earnings gaps among higher-educated workers within main cities<br \/>\n              in semi-industrialized and newly industrialized Asian countries<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [19-06, 2019] <\/div>\n<\/td>\n<td>Mamiko Takeuchi<\/td>\n<td>July 2019<\/td>\n<\/tr>\n<tr>\n<td>19-09<\/td>\n<td><a href=\"..\/dp\/1909.pdf\" target=\"_blank\" rel=\"noopener\">\u300c\u7d44\u7e54\u3092\u80cc\u8ca0\u3046\u610f\u8b58\u300d\u306e\u5f01\u5225\u6027\u3001\u52b9\u679c\u304a\u3088\u3073\u898f\u5b9a\u8981\u56e0\u306b\u95a2\u3059\u308b\u8003\u5bdf<\/a><\/td>\n<td>\u4e2d\u6751 \u5f70\u82b3, \u9577\u7e04 \u5b5d\u4e45, \u6e6f\u53e3 \u4eae\u592a, \u795e \u6d0b\u5b50, \u958b\u672c \u6d69\u77e2<\/td>\n<td>June 2019<\/td>\n<\/tr>\n<tr>\n<td>19-08<\/td>\n<td><a href=\"..\/dp\/1908.pdf\" target=\"_blank\" rel=\"noopener\">The impacts of pollution control policies on the pollution in small open<br \/>\n              economies<\/a><\/td>\n<td>Koichi Futagami, Yasuhiro Nakamoto<\/td>\n<td>May 2019<\/td>\n<\/tr>\n<tr>\n<td>19-07<\/td>\n<td><a href=\"..\/dp\/1907.pdf\" target=\"_blank\" rel=\"noopener\">Educational funds and economic growth: private versus public funds<\/a><\/td>\n<td>Kohei Okada<\/td>\n<td>May 2019<\/td>\n<\/tr>\n<tr>\n<td>19-06<\/td>\n<td>Earnings gaps among higher-educated workers within main cities<br \/>\n              in semi-industrialized and newly industrialized Asian countries<\/td>\n<td>Mamiko Takeuchi<\/td>\n<td>April 2019<\/td>\n<\/tr>\n<tr>\n<td>19-05<\/td>\n<td><a href=\"..\/dp\/1905.pdf\" target=\"_blank\" rel=\"noopener\">\u30e9\u30dc\u5b9f\u9a13\u3092\u7528\u3044\u305f\u6642\u9593\u5236\u9650\u4e0b\u306e\u4e0d\u6b63\u884c\u70ba\u306e\u691c\u8a3c<\/a><\/td>\n<td>\u9db4\u7530\u307e\u306a\u307f, \u72ac\u98fc\u4f73\u543e<\/td>\n<td>April 2019<\/td>\n<\/tr>\n<tr>\n<td>18-05-Rev.2<\/td>\n<td><a href=\"..\/dp\/1805R2.pdf\" target=\"_blank\" rel=\"noopener\">Generational Conflict and Education Politics: Implications for Growth and Welfare<\/a><\/p>\n<div><b>* Revised\uff1a<\/b>[18-05-Rev., 2018] <\/div>\n<\/td>\n<td>Yuki Uchida, Tetsuo Ono<\/td>\n<td>April 2019<\/td>\n<\/tr>\n<tr>\n<td>19-04<\/td>\n<td>Could the Child Benefit Save the Low Fertility Country?: Evidence from the<br \/>\n              Expansion of Child Benefit Policy in Japan<\/td>\n<td>Shinsuke Asakawa<\/td>\n<td>April 2019<\/td>\n<\/tr>\n<tr>\n<td>19-03<\/td>\n<td><a href=\"..\/dp\/1903.pdf\" target=\"_blank\" rel=\"noopener\">Old age or dependence. Which social insurance? <\/a><\/td>\n<td>Yukihiro Nishimura, Pierre Pestieau<\/td>\n<td>April 2019<\/td>\n<\/tr>\n<tr>\n<td>19-02<\/td>\n<td><a href=\"..\/dp\/1902.pdf\" target=\"_blank\" rel=\"noopener\">Firm Size Distribution and Variable Elasticity of Demand<br \/>\n              <\/a><\/td>\n<td>Yuichiro Matsumoto<\/td>\n<td>March 2019<\/td>\n<\/tr>\n<tr>\n<td>19-01<\/td>\n<td><a href=\"..\/dp\/1901.pdf\" target=\"_blank\" rel=\"noopener\">Real options with illiquidity of exercise opportunities<br \/>\n              <\/a><\/td>\n<td>Michi Nishihara<\/td>\n<td>March 2019<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2018\" class=\"infoSubTitle\">2018\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>18-33-Rev.<\/td>\n<td><a href=\"..\/dp\/1833R.pdf\" target=\"_blank\" rel=\"noopener\">Welfare Implications of Mitigating Investment Uncertainty<\/a><br \/>\n                <\/p>\n<div><b>* Revised\uff1a<\/b> [18-33, 2018]<\/div>\n<\/td>\n<td>Takayuki Ogawa, Jun Sakamoto<\/td>\n<td>December 2018<\/td>\n<\/tr>\n<tr>\n<td>18-33<\/td>\n<td>\n                Welfare Implications of Mitigating Investment Uncertainty\n                <\/td>\n<td>Takayuki Ogawa, Jun Sakamoto\n                <\/td>\n<td>December 2018<\/td>\n<\/tr>\n<tr>\n<td>18-32<\/td>\n<td><a href=\"..\/dp\/1832.pdf\" target=\"_blank\" rel=\"noopener\">Management Cycles<\/a><\/td>\n<td>Shingo Ishiguro<\/td>\n<td>November 2018<\/td>\n<\/tr>\n<tr>\n<td>18-05-Rev.<\/td>\n<td>\n                Generational Conflict and Education Politics: Implications for Growth and Welfare<br \/>\n                <\/p>\n<div><b>* Revised\uff1a<\/b>Capital Income Taxation, Economic Growth, and the Politics of Public Education [18-05, 2018]<\/div>\n<\/td>\n<td>Yuki Uchida, Tetsuo Ono<\/td>\n<td>November 2018<\/td>\n<\/tr>\n<tr>\n<td>18-31<\/td>\n<td>\n                Monetary and Fiscal Policy in a Cash-in-advance Economy with<br \/>\n                Quasi-geometric Discounting\n                <\/td>\n<td>Daiki Maeda\n                <\/td>\n<td>November 2018<\/td>\n<\/tr>\n<tr>\n<td>18-30<\/td>\n<td><a href=\"..\/dp\/1830.pdf\" target=\"_blank\" rel=\"noopener\">The Review of Language Studies in International Business: Suggestions and Future Directions for Japan<br \/>\n                <\/a><\/td>\n<td>Ting Liu\n                <\/td>\n<td>November 2018<\/td>\n<\/tr>\n<tr>\n<td>18-29<\/td>\n<td><a href=\"..\/dp\/1829.pdf\" target=\"_blank\" rel=\"noopener\">Spousal gaps in age and identity, and their impact on the allocation of housework<br \/>\n                <\/a><\/td>\n<td>Eiji Yamamura, Yoshiro Tsutsui\n                <\/td>\n<td>October 2018<\/td>\n<\/tr>\n<tr>\n<td>18-17-Rev.<\/td>\n<td><a href=\"..\/dp\/1817R.pdf\" target=\"_blank\" rel=\"noopener\">\u5916\u90e8\u8cc7\u91d1\u7b49\u306e\u7814\u7a76\u8ca1\u6e90\u3068\u8ad6\u6587\u751f\u7523\u6027\u306e\u95a2\u4fc2\u2015\u65e7\u4e03\u5e1d\u5927\u3092\u5bfe\u8c61\u306b\u3057\u305f\u90e8\u5c40\u30ec\u30d9\u30eb\u306e\u5b9f\u8a3c\u5206\u6790\u2015<\/a><br \/>\n                <\/p>\n<div><b>* Revised\uff1a<\/b> [18-17, 2018]<\/div>\n<\/td>\n<td>\u5bae\u9326\u4e09\u6a39, \u5ca1\u5d8b\u88d5\u5b50\n                <\/td>\n<td>October 2018<\/td>\n<\/tr>\n<tr>\n<td>18-28<\/td>\n<td><a href=\"..\/dp\/1828.pdf\" target=\"_blank\" rel=\"noopener\">Racers\u2019 attractive looks, popularity, and performance: How do speedboat racers react to fans\u2019 expectations?<br \/>\n                <\/a><\/td>\n<td>Eiji Yamamura, Ryohei Hayashi, Yoshiro Tsutsui, Fumio Ohtake\n                <\/td>\n<td>October 2018<\/td>\n<\/tr>\n<tr>\n<td>18-27<\/td>\n<td><a href=\"..\/dp\/1827.pdf\" target=\"_blank\" rel=\"noopener\">Fiscal Rules in a Monetary Economy: Implications for<br \/>\n                Growth and Welfare<br \/>\n                <\/a><\/td>\n<td>Tetsuo Ono<\/td>\n<td>August 2018<\/td>\n<\/tr>\n<tr>\n<td>18-26<\/td>\n<td><a href=\"..\/dp\/1826.pdf\" target=\"_blank\" rel=\"noopener\">Functional and Linguistic Bridging in Multinational Corporations:<br \/>\n                Moderating Effect of Cultural Identity Integration<br \/>\n                <\/a><\/td>\n<td>Ting Liu, Tomoki Sekiguchi, Wirawan Dony Dahana<\/td>\n<td>August 2018<\/td>\n<\/tr>\n<tr>\n<td>18-25<\/td>\n<td><a href=\"..\/dp\/1825.pdf\" target=\"_blank\" rel=\"noopener\">Liquidation, fire sales, and acquirers&#8217; private information<br \/>\n                <\/a><\/td>\n<td>Michi Nishihara, Takashi Shibata<\/td>\n<td>August 2018<\/td>\n<\/tr>\n<tr>\n<td>18-24<\/td>\n<td><a href=\"..\/dp\/1824.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Mechanism Design with Resale: An Ex-Ante Price Default Model<br \/>\n                <\/a><\/td>\n<td>Weiye Cheny<\/td>\n<td>July 2018<\/td>\n<\/tr>\n<tr>\n<td>18-23<\/td>\n<td><a href=\"..\/dp\/1823.pdf\" target=\"_blank\" rel=\"noopener\">Credit and Bankruptcy in a Temporary Equilibrium Model<br \/>\n                <\/a><\/td>\n<td>Weiye Cheny<\/td>\n<td>July 2018<\/td>\n<\/tr>\n<tr>\n<td>18-22<\/td>\n<td><a href=\"..\/dp\/1822.pdf\" target=\"_blank\" rel=\"noopener\">Political Economy of Taxation, Debt Ceilings, and Growth<br \/>\n                <\/a><\/td>\n<td>Tetsuo Ono, Yuki Uchida<\/td>\n<td>July 2018<\/td>\n<\/tr>\n<tr>\n<td>18-21<\/td>\n<td><a href=\"..\/dp\/1821.pdf\" target=\"_blank\" rel=\"noopener\">Male pupils taught by female homeroom teachers show higher preference for Corporate Social Responsibility in adulthood<br \/>\n                <\/a><\/td>\n<td>Eiji Yamamura, Yoshiro Tsutsui, Shunsuke Managi<\/td>\n<td>July 2018<\/td>\n<\/tr>\n<tr>\n<td>18-20<\/td>\n<td><a href=\"..\/dp\/1820.pdf\" target=\"_blank\" rel=\"noopener\">Endogenous Sunk Cost, Scale Economies, and Market Concentration<br \/>\n                <\/a><\/td>\n<td>Yuichiro Matsumoto<\/td>\n<td>July 2018<\/td>\n<\/tr>\n<tr>\n<td>18-19<\/td>\n<td><a href=\"..\/dp\/1819.pdf\" target=\"_blank\" rel=\"noopener\">\u660e\u6cbb\u671f\u7e4a\u7dad\u4f01\u696d\u306e\u7d71\u5408\u653f\u7b56\u2015\u4eac\u90fd\u7dbf\u5b50\u30eb\u793e\u3092\u4e8b\u4f8b\u306b\u2015<br \/>\n                <\/a><\/td>\n<td>\u4e80\u4e95\u5927\u6a39<\/td>\n<td>June 2018<\/td>\n<\/tr>\n<tr>\n<td>18-18<\/td>\n<td>Being There: The Role of Mindfulness in the Entrepreneurial Process\n                <\/td>\n<td>Saddam Khalid<\/td>\n<td>June 2018<\/td>\n<\/tr>\n<tr>\n<td>18-17<\/td>\n<td>\u5916\u90e8\u8cc7\u91d1\u7b49\u306e\u7814\u7a76\u8ca1\u6e90\u3068\u8ad6\u6587\u751f\u7523\u6027\u306e\u95a2\u4fc2\u2015\u65e7\u4e03\u5e1d\u5927\u3092\u5bfe\u8c61\u306b\u3057\u305f\u90e8\u5c40\u30ec\u30d9\u30eb\u306e\u5b9f\u8a3c\u5206\u6790\u2015\n                <\/td>\n<td>\u5bae\u9326\u4e09\u6a39, \u5ca1\u5d8b\u88d5\u5b50\n                <\/td>\n<td>June 2018<\/td>\n<\/tr>\n<tr>\n<td>18-15-Rev.<\/td>\n<td><a href=\"..\/dp\/1815R.pdf\" target=\"_blank\" rel=\"noopener\">Labor unions and internationally mobile firms: A general oligopolistic equilibrium model analysis<\/a><br \/>\n                <\/p>\n<div><b>* Revised\uff1a<\/b>\u52b4\u50cd\u7d44\u5408\u3068\u4f01\u696d\u306e\u7acb\u5730\u3000\u5be1\u5360\u4e00\u822c\u5747\u8861\u30e2\u30c7\u30eb [18-15, 2018]<\/div>\n<\/td>\n<td>Hosaki Sano\n                <\/td>\n<td>May 2018<\/td>\n<\/tr>\n<tr>\n<td>18-16<\/td>\n<td><a href=\"..\/dp\/1816.pdf\" target=\"_blank\" rel=\"noopener\">Stability and Universal Implementability of the Price Mechanism<br \/>\n                <\/a><\/td>\n<td>Kohzo Shiraishi, Ken Urai, Hiromi Murakami<\/td>\n<td>May 2018<\/td>\n<\/tr>\n<tr>\n<td>18-15<\/td>\n<td>\u52b4\u50cd\u7d44\u5408\u3068\u4f01\u696d\u306e\u7acb\u5730\u3000\u5be1\u5360\u4e00\u822c\u5747\u8861\u30e2\u30c7\u30eb\n                <\/td>\n<td>\u4f50\u91ce\u7a42\u5148\n                <\/td>\n<td>May 2018<\/td>\n<\/tr>\n<tr>\n<td>18-14<\/td>\n<td><a href=\"..\/dp\/1814.pdf\" target=\"_blank\" rel=\"noopener\">The endogenous decisions of unionization and international trade: A general oligopolistic equilibrium model analysis<br \/>\n                <\/a><\/td>\n<td>Hosaki Sano\n                <\/td>\n<td>May 2018<\/td>\n<\/tr>\n<tr>\n<td>18-13<\/td>\n<td><a href=\"..\/dp\/1813.pdf\" target=\"_blank\" rel=\"noopener\">\u30c6\u30a3\u30c3\u30af\u30fb\u30b5\u30a4\u30ba\u7e2e\u5c0f\u3068\u6307\u5024\u6ce8\u6587\u677f\u304c\u6301\u3064\u4fa1\u683c\u60c5\u5831\u306e\u95a2\u4fc2\u306b\u3064\u3044\u3066<br \/>\n                <\/a><\/td>\n<td>\u7560\u4e2d\u8ce2\u6cbb\n                <\/td>\n<td>May 2018<\/td>\n<\/tr>\n<tr>\n<td>18-12<\/td>\n<td><a href=\"..\/dp\/1812.pdf\" target=\"_blank\" rel=\"noopener\">Intergenerational policies, public debt, and economic growth: a politico-economic analysis<br \/>\n                <\/a><\/td>\n<td>Real Arai, Katsuyuki Naito, Tetsuo Ono\n                <\/td>\n<td>April 2018<\/td>\n<\/tr>\n<tr>\n<td>15-30-Rev.<\/td>\n<td><a href=\"..\/dp\/1530R.pdf\" target=\"_blank\" rel=\"noopener\">Innovation by Heterogeneous Leaders<\/a><br \/>\n                <\/p>\n<div><b>* Revised\uff1a<\/b> [15-30, 2015]<\/div>\n<\/td>\n<td>Tatsuro Iwaisako, Kazuyoshi Ohki<\/td>\n<td>April 2018<\/td>\n<\/tr>\n<tr>\n<td>18-11<\/td>\n<td><a href=\"..\/dp\/1811.pdf\" target=\"_blank\" rel=\"noopener\">Capital Accumulation Game with Quasi-Geometric Discounting and Consumption Externalities<br \/>\n                <\/a><\/td>\n<td>Koichi Futagami, Yuta Nakabo\n                <\/td>\n<td>April 2018<\/td>\n<\/tr>\n<tr>\n<td>18-10<\/td>\n<td>Corruption, Mortality and Fertility Rates, and Development\n                <\/td>\n<td>Kiyoka Akimoto\n                <\/td>\n<td>April 2018<\/td>\n<\/tr>\n<tr>\n<td>18-09<\/td>\n<td><a href=\"..\/dp\/1809.pdf\" target=\"_blank\" rel=\"noopener\">Transition from a Linear Economy toward a Circular Economy in the Ramsey Model<br \/>\n                <\/a><\/td>\n<td>Kiyoka Akimoto, Koichi Futagami\n                <\/td>\n<td>April 2018<\/td>\n<\/tr>\n<tr>\n<td>18-08<\/td>\n<td><a href=\"..\/dp\/1808.pdf\" target=\"_blank\" rel=\"noopener\">FOSTERING ORGANIZATIONAL CAPABILITIES THROUGH SOFT SKILLS: A STRATEGIC IMPERATIVE FOR A VUCA WORLD<br \/>\n                <\/a><\/td>\n<td>Dora Abidi\n                <\/td>\n<td>March 2018<\/td>\n<\/tr>\n<tr>\n<td>18-07<\/td>\n<td><a href=\"..\/dp\/1807.pdf\" target=\"_blank\" rel=\"noopener\">Nonlinear Effects of the Transport Costs on the Wage Inequality<br \/>\n                <\/a><\/td>\n<td>Yuichiro Matsumoto\n                <\/td>\n<td>March 2018<\/td>\n<\/tr>\n<tr>\n<td>18-06<\/td>\n<td><a href=\"..\/dp\/1806.pdf\" target=\"_blank\" rel=\"noopener\">The Effects of International Linkages on Labor Demand by Skill Group<br \/>\n                <\/a><\/td>\n<td>Haruka Yane\n                <\/td>\n<td>March 2018<\/td>\n<\/tr>\n<tr>\n<td>18-05<\/td>\n<td>Capital Income Taxation, Economic Growth, and the Politics of Public Education\n                <\/td>\n<td>Tetsuo Ono, Yuki Uchida\n                <\/td>\n<td>February 2018<\/td>\n<\/tr>\n<tr>\n<td>16-24-Rev.<\/td>\n<td><a href=\"..\/dp\/1624R.pdf\" target=\"_blank\" rel=\"noopener\">Age Gap in Voter Turnout and Size of Government Debt<\/a><br \/>\n                <\/p>\n<div><b>* Revised\uff1a<\/b> [16-24, 2016]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                <\/td>\n<td>February 2018<\/td>\n<\/tr>\n<tr>\n<td>18-04<\/td>\n<td><a href=\"..\/dp\/1804.pdf\" target=\"_blank\" rel=\"noopener\">Time-Inconsistent Discounting and the Friedman Rule: The Role of Non-Unitary Discounting<br \/>\n                <\/a><\/td>\n<td>Takeo Hori, Koichi Futagami\n                <\/td>\n<td>February 2018<\/td>\n<\/tr>\n<tr>\n<td>18-03<\/td>\n<td><a href=\"..\/dp\/1803.pdf\" target=\"_blank\" rel=\"noopener\">Moral Hazard and Target Budgets<br \/>\n                <\/a><\/td>\n<td>Shingo Ishiguro, Yosuke Yasuda\n                <\/td>\n<td>February 2018<\/td>\n<\/tr>\n<tr>\n<td>18-02<\/td>\n<td><a href=\"..\/dp\/1802.pdf\" target=\"_blank\" rel=\"noopener\">Changing demand for general skills, technological uncertainty, and economic growth<br \/>\n                <\/a><\/td>\n<td>Masashi Tanaka\n                <\/td>\n<td>January 2018<\/td>\n<\/tr>\n<tr>\n<td>17-11-Rev.<\/td>\n<td><a href=\"..\/dp\/1711R.pdf\" target=\"_blank\" rel=\"noopener\">\u4f01\u696d\u9593\u306e\u30c7\u30a3\u30b9\u30af\u30ed\u30fc\u30b8\u30e3\u30fc\u306e\u9055\u3044\u304c\u682a\u5f0f\u30d7\u30ec\u30df\u30a2\u30e0\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u306b\u95a2\u3059\u308b\u5b9f\u8a3c\u5206\u6790<\/a><br \/>\n                <\/p>\n<div><b>* Revised\uff1a<\/b> \u60c5\u5831\u504f\u5728\u306b\u3088\u308b\u682a\u5f0f\u30d7\u30ec\u30df\u30a2\u30e0\u306e\u5b9f\u8a3c\u5206\u6790[17-11, 2017]<\/div>\n<\/td>\n<td>\u5742\u672c\u6df3<\/td>\n<td>January 2018<\/td>\n<\/tr>\n<tr>\n<td>18-01<\/td>\n<td><a href=\"..\/dp\/1801.pdf\" target=\"_blank\" rel=\"noopener\">\u7d50\u5a5a\u3068\u5e78\u798f\uff1a\u30b5\u30fc\u30d9\u30a4<br \/>\n                <\/a><\/td>\n<td>\u7b52\u4e95\u7fa9\u90ce\n                <\/td>\n<td>January 2018<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2017\" class=\"infoSubTitle\">2017\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>17-35<\/td>\n<td><a href=\"..\/dp\/1735.pdf\" target=\"_blank\" rel=\"noopener\">Gap of height and education within couple and its effect on conflict and evaluation about partners:<br \/>\n                  psychological cost of division of labor within household<br \/>\n                  <\/a><\/td>\n<td>Eiji Yamamura, Yoshiro Tsutsui\n                  <\/td>\n<td>December 2017<\/td>\n<\/tr>\n<tr>\n<td>17-34<\/td>\n<td><a href=\"..\/dp\/1734.pdf\" target=\"_blank\" rel=\"noopener\">\u30bd\u30fc\u30b7\u30e3\u30eb\u30b9\u30ad\u30eb\u304c\u9032\u8def\u9078\u629e\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u306b\u95a2\u3059\u308b\u5b9f\u8a3c\u5206\u6790<br \/>\n                  <\/a><\/td>\n<td>\u753a\u7530\u5c1a\u53f2, \u958b\u672c\u6d69\u77e2\n                  <\/td>\n<td>December 2017<\/td>\n<\/tr>\n<tr>\n<td>17-33<\/td>\n<td><a href=\"..\/dp\/1733.pdf\" target=\"_blank\" rel=\"noopener\">Examination and Approval of New Products in an Endogenous Growth Model<br \/>\n                  <\/a><\/td>\n<td>Kiyoka Akimoto, Takaaki Morimoto\n                  <\/td>\n<td>November 2017<\/td>\n<\/tr>\n<tr>\n<td>17-32<\/td>\n<td>20\u4e16\u7d00\u521d\u982d\u7c73\u56fd\u306e\u5185\u52d9\u7701\u958b\u58be\u90e8\u30fb\u5c40\u306e\u5f79\u5272\u2015\u6700\u521d\u306e5\u4e8b\u696d\u306e\u8fb2\u4f5c\u7269\u53ce\u76ca\u984d\u306b\u5bfe\u3057\u3066\u2015\n                  <\/td>\n<td>\u65e5\u9ad8\u5353\u6717\n                  <\/td>\n<td>November 2017<\/td>\n<\/tr>\n<tr>\n<td>17-31<\/td>\n<td><a href=\"..\/dp\/1731.pdf\" target=\"_blank\" rel=\"noopener\">\u30d5\u30a7\u30a2\u30fb\u30c7\u30a3\u30b9\u30af\u30ed\u30fc\u30b8\u30e3\u30fc\u30fb\u30eb\u30fc\u30eb\u304c\u6295\u8cc7\u52b9\u7387\u6027\u306b\u4e0e\u3048\u308b\u5f71\u97ff<br \/>\n                  <\/a><\/td>\n<td>\u77f3\u5ddd\u5fb9\n                  <\/td>\n<td>October 2017<\/td>\n<\/tr>\n<tr>\n<td>16-01-Rev.3<\/td>\n<td><a href=\"..\/dp\/1601R3.pdf\" target=\"_blank\" rel=\"noopener\">Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [16-01-Rev.2, 2017]<\/div>\n<\/td>\n<td>Tetsuo Ono, Yuki Uchida<\/td>\n<td>October 2017<\/td>\n<\/tr>\n<tr>\n<td>17-30<\/td>\n<td><a href=\"..\/dp\/1730.pdf\" target=\"_blank\" rel=\"noopener\">Effects of Top Management Team Characteristics on Corporate Charitable Activities: Evidence from the Board for Small and Medium-sized Enterprises in China<br \/>\n                  <\/a><\/td>\n<td>Xin Huang, Koichi Nakagawa, Jie Li\n                  <\/td>\n<td>October 2017<\/td>\n<\/tr>\n<tr>\n<td>17-29<\/td>\n<td><a href=\"..\/dp\/1729.pdf\" target=\"_blank\" rel=\"noopener\">The Effects of Student-Teacher Gender Matching on Students&#8217; Performance in Junior High Schools in Japan<br \/>\n                  <\/a><\/td>\n<td>Hisanobu Kakizawa\n                  <\/td>\n<td>September 2017<\/td>\n<\/tr>\n<tr>\n<td>17-28<\/td>\n<td>Modeling and Forecasting Hourly Electricity Demand by SARIMAX with Interactions\n                  <\/td>\n<td>Niematallah Elamin, Mototsugu Fukushige\n                  <\/td>\n<td>September 2017<\/td>\n<\/tr>\n<tr>\n<td>17-27<\/td>\n<td><a href=\"..\/dp\/1727.pdf\" target=\"_blank\" rel=\"noopener\">Welfare Effects of Patent Protection in a Semi-Endogenous Growth Model<br \/>\n                  <\/a><\/td>\n<td>Tatsuro Iwaisako\n                  <\/td>\n<td>August 2017<\/td>\n<\/tr>\n<tr>\n<td>13-31-Rev.<\/td>\n<td><a href=\"..\/dp\/1331R.pdf\" target=\"_blank\" rel=\"noopener\">Human Capital Investment, Credentialing, and Wage Differentials<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> Human capital investment, Signaling, and Wage differentials[13-31, 2013]<\/div>\n<\/td>\n<td>Masashi Tanaka\n                  <\/td>\n<td>August 2017<\/td>\n<\/tr>\n<tr>\n<td>17-26<\/td>\n<td><a href=\"..\/dp\/1726.pdf\" target=\"_blank\" rel=\"noopener\">Rising Longevity, Fertility Dynamics, and R&amp;D-based Growth<br \/>\n                  <\/a><\/td>\n<td>Koichi Futagami, Kunihiko Konishi\n                  <\/td>\n<td>August 2017<\/td>\n<\/tr>\n<tr>\n<td>17-25<\/td>\n<td><a href=\"..\/dp\/1725.pdf\" target=\"_blank\" rel=\"noopener\">Trade policy preference, childhood sporting experience, and informal school curriculum: Examination from the viewpoint of behavioral economics<br \/>\n                  <\/a><\/td>\n<td>Eiji Yamamura, Yoshiro Tsutsui\n                  <\/td>\n<td>August 2017<\/td>\n<\/tr>\n<tr>\n<td>17-24<\/td>\n<td><a href=\"..\/dp\/1724.pdf\" target=\"_blank\" rel=\"noopener\">\u30ea\u30b9\u30af\u4e0b\u306b\u304a\u3051\u308b\u4e0d\u4f5c\u70ba\u30d0\u30a4\u30a2\u30b9\u3068\u65b0\u8208\u56fd\u5c55\u958b\u306e\u505c\u6ede\uff5e\u65e5\u672c\u4f01\u696d\u306e\u7d4c\u55b6\u5c64\u3068\u73fe\u5834\u306e\u60c5\u5831\u65ad\u7d76\uff5e<br \/>\n                  <\/a><\/td>\n<td>\u85e4\u7530\u6cd5\u5b50<\/td>\n<td>July 2017<\/td>\n<\/tr>\n<tr>\n<td>17-23<\/td>\n<td><a href=\"..\/dp\/1723.pdf\" target=\"_blank\" rel=\"noopener\">Enforcement Cooperation and Tax Competition Among Asymmetric Countries<br \/>\n                  <\/a><\/td>\n<td>Jean Hindriks, Yukihiro Nishimura<\/td>\n<td>July 2017<\/td>\n<\/tr>\n<tr>\n<td>16-01-Rev.2<\/td>\n<td>Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis<br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [16-01-Rev., 2016]<\/div>\n<\/td>\n<td>Tetsuo Ono, Yuki Uchida<\/td>\n<td>July 2017<\/td>\n<\/tr>\n<tr>\n<td>17-22<\/td>\n<td><a href=\"..\/dp\/1722.pdf\" target=\"_blank\" rel=\"noopener\">Smeed&#8217;s Law and the Role of Hospitals in Modeling Fatalities and Traffic Accidents<br \/>\n                  <\/a><\/td>\n<td>Yueh-Tzu Lu, Mototsugu Fukushige<\/td>\n<td>July 2017<\/td>\n<\/tr>\n<tr>\n<td>17-21<\/td>\n<td><a href=\"..\/dp\/1721.pdf\" target=\"_blank\" rel=\"noopener\">Capital Adequacy Requirements and Financial Frictions in a<br \/>\n                  Neoclassical Growth Model<br \/>\n                  <\/a><\/td>\n<td>Miho Sunaga<\/td>\n<td>July 2017<\/td>\n<\/tr>\n<tr>\n<td>17-20<\/td>\n<td>Integrating judgment in statistical demand forecasting: An approach to confront uncertainty\n                  <\/td>\n<td>Niematallah Elamin, Mototsugu Fukushige<\/td>\n<td>July 2017<\/td>\n<\/tr>\n<tr>\n<td>17-19<\/td>\n<td>The 2011 Japanese energy crisis: Effects on the magnitude and pattern of load demand\n                  <\/td>\n<td>Niematallah Elamin, Mototsugu Fukushige<\/td>\n<td>July 2017<\/td>\n<\/tr>\n<tr>\n<td>17-18<\/td>\n<td><a href=\"..\/dp\/1718.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic bankruptcy procedure with asymmetric information between insiders and outsiders<br \/>\n                  <\/a><\/td>\n<td>Michi Nishihara, Takashi Shibata<\/td>\n<td>July 2017<\/td>\n<\/tr>\n<tr>\n<td>16-16-Rev.<\/td>\n<td><a href=\"..\/dp\/1616R.pdf\" target=\"_blank\" rel=\"noopener\">Does time preference affect smoking behavior? A dynamic panel analysis<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b>The association between time preference and smoking behavior: A dynamic panel analysis [16-16, 2016]<\/div>\n<\/td>\n<td>Takahiro Miura<\/td>\n<td>June 2017<\/td>\n<\/tr>\n<tr>\n<td>17-17<\/td>\n<td><a href=\"..\/dp\/1717.pdf\" target=\"_blank\" rel=\"noopener\">The effect of risk attitudes on search behavior: A laboratory search experiment<br \/>\n                  <\/a><\/td>\n<td>Takahiro Miura, Keigo Inukai, Masaru Sasaki<\/td>\n<td>June 2017<\/td>\n<\/tr>\n<tr>\n<td>17-16<\/td>\n<td><a href=\"..\/dp\/1716.pdf\" target=\"_blank\" rel=\"noopener\">A Dynamic General-equilibrium Model of Mixed Oligopoly Market with Public Firms\u2019 Cost Reducing R&amp;D Investment<br \/>\n                  <\/a><\/td>\n<td>Suzuka Okuyama<\/td>\n<td>June 2017<\/td>\n<\/tr>\n<tr>\n<td>17-15<\/td>\n<td><a href=\"..\/dp\/1715.pdf\" target=\"_blank\" rel=\"noopener\">Valuation of an R&amp;D project with three types of uncertainty<br \/>\n                  <\/a><\/td>\n<td>Michi Nishihara<\/td>\n<td>June 2017<\/td>\n<\/tr>\n<tr>\n<td>17-14<\/td>\n<td><a href=\"..\/dp\/1714.pdf\" target=\"_blank\" rel=\"noopener\">Product Market Competition and Financial Market Screening<br \/>\n                  <\/a><\/td>\n<td>Yuichiro Matsumoto<\/td>\n<td>June 2017<\/td>\n<\/tr>\n<tr>\n<td>17-13<\/td>\n<td><a href=\"..\/dp\/1713.pdf\" target=\"_blank\" rel=\"noopener\">\u300c\u30b5\u30fc\u30d3\u30b9\u6b8b\u696d\u300d\u304c\u5065\u5eb7\u306b\u4e0e\u3048\u308b\u5f71\u97ff<br \/>\n                  <\/a><\/td>\n<td>\u7d0d\u7530\u6cf0\u6210, \u6c60\u7530\u8cb4\u662d<\/td>\n<td>May 2017<\/td>\n<\/tr>\n<tr>\n<td>17-12<\/td>\n<td><a href=\"..\/dp\/1712.pdf\" target=\"_blank\" rel=\"noopener\">The Impact of Customer Orientation on Quantity and Quality of User-Generated Content:<br \/>\n                  A Multi-Country Case Study of Mobile Applications<br \/>\n                  <\/a><\/td>\n<td>Bosul Yoo, Sotaro Katsumata, Takeyasu Ichikohji<\/td>\n<td>May 2017<\/td>\n<\/tr>\n<tr>\n<td>17-11<\/td>\n<td>\u60c5\u5831\u504f\u5728\u306b\u3088\u308b\u682a\u5f0f\u30d7\u30ec\u30df\u30a2\u30e0\u306e\u5b9f\u8a3c\u5206\u6790\n                  <\/td>\n<td>\u5742\u672c\u6df3<\/td>\n<td>May 2017<\/td>\n<\/tr>\n<tr>\n<td>17-10<\/td>\n<td><a href=\"..\/dp\/1710.pdf\" target=\"_blank\" rel=\"noopener\">Benefit and Cost of Visa relaxation -Empirical Analysis on the Impact of Visa waiver-<br \/>\n                  <\/a><\/td>\n<td>Tsuyoshi Goto, Nobuo Akai<\/td>\n<td>April 2017<\/td>\n<\/tr>\n<tr>\n<td>17-09<\/td>\n<td><a href=\"..\/dp\/1709.pdf\" target=\"_blank\" rel=\"noopener\">Stability and Universal Implementability of the Price Mechanism<br \/>\n                  <\/a><\/td>\n<td>Kohzo Shiraishi, Ken Urai, Hiromi Murakami<\/td>\n<td>April 2017<\/td>\n<\/tr>\n<tr>\n<td>17-08<\/td>\n<td><a href=\"..\/dp\/1708.pdf\" target=\"_blank\" rel=\"noopener\">Local Independence, Monotonicity, Incentive Compatibility and Axiomatic Characterization of Price-Money Message Mechanism<br \/>\n                  <\/a><\/td>\n<td>Ken Urai, Hiromi Murakami\n                  <\/td>\n<td>April 2017<\/td>\n<\/tr>\n<tr>\n<td>17-07<\/td>\n<td><a href=\"..\/dp\/1707.pdf\" target=\"_blank\" rel=\"noopener\">Subsidy competition, imperfect labor markets, and the endogenous entry of firms<br \/>\n                  <\/a><\/td>\n<td>Tadashi Morita, Yukiko Sawada, Kazuhiro Yamamoto<\/td>\n<td>March 2017<\/td>\n<\/tr>\n<tr>\n<td>17-06<\/td>\n<td><a href=\"..\/dp\/1706.pdf\" target=\"_blank\" rel=\"noopener\">Elastic Labor Supply and Agglomeration<br \/>\n                  <\/a><\/td>\n<td>Takanori Ago, Tadashi Morita, Takatoshi Tabuchi, Kazuhiro Yamamoto\n                  <\/td>\n<td>March 2017<\/td>\n<\/tr>\n<tr>\n<td>17-05<\/td>\n<td><a href=\"..\/dp\/1705.pdf\" target=\"_blank\" rel=\"noopener\">Fiscal sustainability under physical and human capital accumulation in an overlapping generations model<br \/>\n                  <\/a><\/td>\n<td>Takumi Motoyama<\/td>\n<td>March 2017<\/td>\n<\/tr>\n<tr>\n<td>17-04<\/td>\n<td><a href=\"..\/dp\/1704.pdf\" target=\"_blank\" rel=\"noopener\">\u534a\u5c0e\u4f53\u4f01\u696d\u306e\u53ce\u76ca\u6027\uff1a\u58f2\u4e0a\u9ad8\u3001\u53d6\u6271\u88fd\u54c1\u7fa4\u6570\u304a\u3088\u3073\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u306b\u3088\u308b\u5dee\u7570<br \/>\n                  \u20152001\u5e74\uff5e2013\u5e74\u306e\u4e16\u754c\u534a\u5c0e\u4f53\u4e3b\u898158\u793e\u306e\u30d1\u30cd\u30eb\u30c7\u30fc\u30bf\u5206\u6790\u3088\u308a\u2015<br \/>\n                  <\/a><\/td>\n<td>\u4e2d\u5c4b\u96c5\u592b, \u4e2d\u6751\u6587\u4eae, \u4e2d\u5ddd\u529f\u4e00<\/td>\n<td>March 2017<\/td>\n<\/tr>\n<tr>\n<td>13-27-Rev.2<\/td>\n<td><a href=\"..\/dp\/1327R2.pdf\" target=\"_blank\" rel=\"noopener\">General Equilibrium Model for an Asymmetric Information Economy without Delivery Upper Bounds<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b>General Equilibrium Model for an Asymmetric Information Economy with Endogenous Resale Upperbounds [13-27-Rev., 2015]<\/div>\n<\/td>\n<td>Ken Urai, Akihiko Yoshimachi, Kohei Shiozawa<\/td>\n<td>March 2017<\/td>\n<\/tr>\n<tr>\n<td>17-03<\/td>\n<td><a href=\"..\/dp\/1703.pdf\" target=\"_blank\" rel=\"noopener\">Mixed Duopoly: Differential Game Approach<br \/>\n                  <\/a><\/td>\n<td>Koichi Futagami, Toshihiro Matsumura, Kizuku Takao<\/td>\n<td>March 2017<\/td>\n<\/tr>\n<tr>\n<td>17-02<\/td>\n<td><a href=\"..\/dp\/1702.pdf\" target=\"_blank\" rel=\"noopener\">The Effectiveness of the Negative Interest Rate Policy in Japan: An Early Assessment<br \/>\n                  <\/a><\/td>\n<td>Yuzo Honda, Hitoshi Inoue<\/td>\n<td>March 2017<\/td>\n<\/tr>\n<tr>\n<td>17-01<\/td>\n<td><a href=\"..\/dp\/1701.pdf\" target=\"_blank\" rel=\"noopener\">Do International Investors Cause Stock Market Comovements? Comparing Responses of Cross-Listed Stocks between Accessible and<br \/>\n                  Inaccessible Markets<br \/>\n                  <\/a><\/td>\n<td>Yusaku Nishimura, Yoshiro Tsutsui, Kenjiro Hirayama<\/td>\n<td>January 2017<\/td>\n<\/tr>\n<tr>\n<td>16-17-Rev.<\/td>\n<td><a href=\"..\/dp\/1617R.pdf\" target=\"_blank\" rel=\"noopener\">Inequality and Education Choice<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [16-17, 2016]<\/div>\n<\/td>\n<td>Tetsuo Ono, Yuki Uchida<\/td>\n<td>January 2017<\/td>\n<\/tr>\n<tr>\n<td>14-30-Rev.2<\/td>\n<td><a href=\"..\/dp\/1430R2.pdf\" target=\"_blank\" rel=\"noopener\">Growth, Unemployment, and Fiscal Policy: A Political Economy Analysis<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [14-30-Rev., 2015]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                  <\/td>\n<td>January 2017<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2016\" class=\"infoSubTitle\">2016\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>16-33<\/td>\n<td><a href=\"..\/dp\/1633.pdf\" target=\"_blank\" rel=\"noopener\">Sustainability of the public debt and wealth inequality in a general equilibrium model<br \/>\n                  <\/a><\/td>\n<td>Noritaka Maebayashi, Kunihiko Konishi\n                  <\/td>\n<td>December 2016<\/td>\n<\/tr>\n<tr>\n<td>16-32<\/td>\n<td><a href=\"..\/dp\/1632.pdf\" target=\"_blank\" rel=\"noopener\">\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u653f\u7b56\u306e\u52b9\u679c<br \/>\n                  <\/a><\/td>\n<td>\u672c\u591a\u4f51\u4e09\n                  <\/td>\n<td>December 2016<\/td>\n<\/tr>\n<tr>\n<td>16-31<\/td>\n<td>Technology Diffusion, Pareto Distribution, and Patent Policy\n                  <\/td>\n<td>Keiichi Kishi\n                  <\/td>\n<td>December 2016<\/td>\n<\/tr>\n<tr>\n<td>16-30<\/td>\n<td><a href=\"..\/dp\/1630.pdf\" target=\"_blank\" rel=\"noopener\">Conflict, Institutions, and Economic Behavior: Legacies of the Cambodian Genocide<\/a><\/td>\n<td>Katsuo Kogure, Yoshito Takasaki\n                  <\/td>\n<td>December 2016<\/td>\n<\/tr>\n<tr>\n<td>16-29<\/td>\n<td><a href=\"..\/dp\/1629.pdf\" target=\"_blank\" rel=\"noopener\">\u4eba\u53e3\u9ad8\u9f62\u5316\u3068\u516c\u6559\u80b2\u8cbb\u306e\u5909\u9077\u2015\u9ad8\u9f62\u8005\u306f\u3069\u306e\u6559\u80b2\u6bb5\u968e\u3092\u652f\u6301\u3059\u308b\u304b\u2015<\/a><\/td>\n<td>\u5bae\u9326\u4e09\u6a39, \u6728\u6751\u771f\u6a39\n                  <\/td>\n<td>November 2016<\/td>\n<\/tr>\n<tr>\n<td>16-28<\/td>\n<td><a href=\"..\/dp\/1628.pdf\" target=\"_blank\" rel=\"noopener\">Selling out or going public? A real options signaling approach<\/a><\/td>\n<td>Michi Nishihara\n                  <\/td>\n<td>November 2016<\/td>\n<\/tr>\n<tr>\n<td>16-27<\/td>\n<td><a href=\"..\/dp\/1627.pdf\" target=\"_blank\" rel=\"noopener\">The Direction of Strategic Delegation and Voter Welfare in Asymmetric Tax Competition Models<\/a><\/td>\n<td>Yukihiro Nishimura, Kimiko Terai\n                  <\/td>\n<td>November 2016<\/td>\n<\/tr>\n<tr>\n<td>16-26<\/td>\n<td><a href=\"..\/dp\/1626.pdf\" target=\"_blank\" rel=\"noopener\">Effects of pregnancy and birth on smoking and drinking behaviors: a comparative study between men and women<br \/>\n                  <\/a><\/td>\n<td>Eiji Yamamura, Yoshiro Tsutsui\n                  <\/td>\n<td>November 2016<\/td>\n<\/tr>\n<tr>\n<td>16-25<\/td>\n<td><a href=\"..\/dp\/1625.pdf\" target=\"_blank\" rel=\"noopener\">Macroeconomic Dynamics with Limited Commitment in Financial and Labor Contracts<br \/>\n                  <\/a><\/td>\n<td>Shingo Ishiguro\n                  <\/td>\n<td>October 2016<\/td>\n<\/tr>\n<tr>\n<td>16-24<\/td>\n<td>Age Gap in Voter Turnout and Size of Government Debt\n                  <\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                  <\/td>\n<td>October 2016<\/td>\n<\/tr>\n<tr>\n<td>15-03-Rev.<\/td>\n<td><a href=\"..\/dp\/1503R.pdf\" target=\"_blank\" rel=\"noopener\">Optimal disaster-preventive expenditure in a dynamic and stochastic model<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [15-03, 2015]<\/div>\n<\/td>\n<td>Takumi Motoyama\n                  <\/td>\n<td>October 2016<\/td>\n<\/tr>\n<tr>\n<td>16-23<\/td>\n<td>Forecasting extreme seasonal tourism demand\n                  <\/td>\n<td>Niematallah Elamin, Mototsugu Fukushige\n                  <\/td>\n<td>September 2016<\/td>\n<\/tr>\n<tr>\n<td>16-22<\/td>\n<td>A Quantile Regression Model for Electricity Peak Demand Forecasting: An Approach to Avoiding Power Blackouts\n                  <\/td>\n<td>Niematallah Elamin, Mototsugu Fukushige\n                  <\/td>\n<td>September 2016<\/td>\n<\/tr>\n<tr>\n<td>16-01-Rev.<\/td>\n<td>Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis<br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [16-01, 2016]<\/div>\n<\/td>\n<td>Tetsuo Ono, Yuki Uchida<\/td>\n<td>August 2016<\/td>\n<\/tr>\n<tr>\n<td>15-17-Rev.2<\/td>\n<td><a href=\"..\/dp\/1517R2.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                  Revealed Preference Test and Shortest Path Problem; Graph Theoretic Structure of the Rationalizability Test<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [15-17-Rev., 2015]<\/div>\n<\/td>\n<td>Kohei Shiozawa\n                  <\/td>\n<td>August 2016<\/td>\n<\/tr>\n<tr>\n<td>16-21<\/td>\n<td><a href=\"..\/dp\/1621.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Capital Income Taxation in the Case of Private Donations to Public Goods<br \/>\n                  <\/a><\/td>\n<td>Shigeo Morita, Takuya Obara\n                  <\/td>\n<td>August 2016<\/td>\n<\/tr>\n<tr>\n<td>16-20<\/td>\n<td><a href=\"..\/dp\/1620.pdf\" target=\"_blank\" rel=\"noopener\">Comparing the role of height between men and women in the marriage market<br \/>\n                  <\/a><\/td>\n<td>Eiji Yamamura, Yoshiro Tsutsui\n                  <\/td>\n<td>July 2016<\/td>\n<\/tr>\n<tr>\n<td>16-19<\/td>\n<td><a href=\"..\/dp\/1619.pdf\" target=\"_blank\" rel=\"noopener\">\u535a\u89a7\u4f1a\u3068\u8fb2\u4f5c\u7269\u306e\u7523\u5730\u30d6\u30e9\u30f3\u30c9\u306e\u5f62\u6210\u2015\u8fd1\u4ee3\u65e5\u672c\u306e\u300c\u9752\u68ee\u300d\u300c\u6d25\u8efd\u300d\u306e\u6797\u6a8e\u306b\u6ce8\u76ee\u3057\u3066\u2015<br \/>\n                  <\/a><\/td>\n<td>\u767d\u4e95\u6cc9<\/td>\n<td>July 2016<\/td>\n<\/tr>\n<tr>\n<td>14-34-Rev.<\/td>\n<td><a href=\"..\/dp\/1434R.pdf\" target=\"_blank\" rel=\"noopener\">\u65e5\u672c\u4eba\u306f\u3069\u3093\u306a\u770c\u306b\u4f4f\u307f\u305f\u3044\u306e\u304b\uff1f\uff1a\u4eba\u3005\u306e\u5c45\u4f4f\u770c\u9078\u629e\u3068\u5730\u57df\u306e\u7279\u6027<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [14-34, 2014]<\/div>\n<\/td>\n<td>\u5c71\u6839\u667a\u6c99\u5b50, \u5c71\u6839\u627f\u5b50, \u7b52\u4e95 \u7fa9\u90ce\n                  <\/td>\n<td>July 2016<\/td>\n<\/tr>\n<tr>\n<td>14-17-Rev.2<\/td>\n<td><a href=\"..\/dp\/1417R2.pdf\" target=\"_blank\" rel=\"noopener\">Aging, Pensions, and Growth<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b>Economic Growth and the Politics of Intergenerational Redistribution [14-17-Rev., 2015]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                  <\/td>\n<td>June 2016<\/td>\n<\/tr>\n<tr>\n<td>16-18<\/td>\n<td><a href=\"..\/dp\/1618.pdf\" target=\"_blank\" rel=\"noopener\">An Update of the Returns to Education in Kenya: Accounting both endogeneity and sample selection biases<br \/>\n                  <\/a><\/td>\n<td>Kentaro Shimada, Zeba Khan, Suguru Mizunoya, Ayako Wakano<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-17<\/td>\n<td>Inequality and Education Choice\n                  <\/td>\n<td>Tetsuo Ono, Yuki Uchida<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-16<\/td>\n<td>The association between time preference and smoking behavior: A dynamic panel analysis\n                  <\/td>\n<td>Takahiro Miura<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-15<\/td>\n<td><a href=\"..\/dp\/1615.pdf\" target=\"_blank\" rel=\"noopener\">The effect of locally hired teachers on school outcomes (the Dose response function estimation evidence from Kenya)<br \/>\n                  <\/a><\/td>\n<td>Ayako Wakano<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-14<\/td>\n<td><a href=\"..\/dp\/1614.pdf\" target=\"_blank\" rel=\"noopener\">The effect of ratio between PTA teachers and Government employed teachers on Education outcomes in Kenya Primary Schools<br \/>\n                  <\/a><\/td>\n<td>Ayako Wakano<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-13<\/td>\n<td><a href=\"..\/dp\/1613.pdf\" target=\"_blank\" rel=\"noopener\">Demographics and tax competition in political economy<br \/>\n                  <\/a><\/td>\n<td>Tadashi Morita, Yasuhiro Sato, Kazuhiro Yamamoto<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-12<\/td>\n<td><a href=\"..\/dp\/1612.pdf\" target=\"_blank\" rel=\"noopener\">Managerial Reputation, Risk-Taking, and Imperfect Capital Markets<br \/>\n                  <\/a><\/td>\n<td>Koji Asano<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-11<\/td>\n<td><a href=\"..\/dp\/1611.pdf\" target=\"_blank\" rel=\"noopener\">\u96c6\u56e3\u7684\u610f\u601d\u6c7a\u5b9a\u306b\u304a\u3051\u308b\u6642\u9593\u9078\u597d\u2015\u7d4c\u6e08\u5b9f\u9a13\u2015<br \/>\n                  <\/a><\/td>\n<td>\u9db4\u7530\u307e\u306a\u307f<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-10<\/td>\n<td><a href=\"..\/dp\/1610.pdf\" target=\"_blank\" rel=\"noopener\">Universality and Efficiency of Price Mechanism based on an Expansion Possibility of Economies<br \/>\n                  <\/a><\/td>\n<td>Kohzo Shiraishi, Ken Urai, Hiromi Murakami<\/td>\n<td>May 2016<\/td>\n<\/tr>\n<tr>\n<td>16-09<\/td>\n<td><a href=\"..\/dp\/1609.pdf\" target=\"_blank\" rel=\"noopener\">Replica Core Limit Theorem for Economy with Satiation<br \/>\n                  <\/a><\/td>\n<td>Hiromi Murakami, Ken Urai<\/td>\n<td>April 2016<\/td>\n<\/tr>\n<tr>\n<td>16-08<\/td>\n<td><a href=\"..\/dp\/1608.pdf\" target=\"_blank\" rel=\"noopener\">Local Independence, Monotonicity and Axiomatic Characterization of Price-Money Message Mechanism<br \/>\n                  <\/a><\/td>\n<td>Ken Urai, Hiromi Murakami<\/td>\n<td>April 2016<\/td>\n<\/tr>\n<tr>\n<td>16-07<\/td>\n<td><a href=\"..\/dp\/1607.pdf\" target=\"_blank\" rel=\"noopener\">Default and liquidation timing under asymmetric information<br \/>\n                  <\/a><\/td>\n<td>Michi Nishihara, Takashi Shibata\n                  <\/td>\n<td>April 2016<\/td>\n<\/tr>\n<tr>\n<td>16-06<\/td>\n<td><a href=\"..\/dp\/1606.pdf\" target=\"_blank\" rel=\"noopener\">Environmental Policy Effects: An R&amp;D-based Economic Growth Model with Endogenous Labour Supply<br \/>\n                  <\/a><\/td>\n<td>Yoshihiro Hamaguchi\n                  <\/td>\n<td>April 2016<\/td>\n<\/tr>\n<tr>\n<td>16-05<\/td>\n<td><a href=\"..\/dp\/1605.pdf\" target=\"_blank\" rel=\"noopener\">Does ISO14001 raise firms\u2019 awareness of environmental protection?\u2015Case from Vietnam<br \/>\n                  <\/a><\/td>\n<td>Bin Ni, Hanae Tamechika, Tsunehiro Otsuki, Keiichiro Honda\n                  <\/td>\n<td>March 2016<\/td>\n<\/tr>\n<tr>\n<td>16-04<\/td>\n<td><a href=\"..\/dp\/1604.pdf\" target=\"_blank\" rel=\"noopener\">Productivity Gap and Vertical Spillover: Evidence from Vietnam<br \/>\n                  <\/a><\/td>\n<td>Bin Ni\n                  <\/td>\n<td>March 2016<\/td>\n<\/tr>\n<tr>\n<td>16-03<\/td>\n<td><a href=\"..\/dp\/1603.pdf\" target=\"_blank\" rel=\"noopener\">From Physical to Human Capital Accumulation with Pollution<br \/>\n                  <\/a><\/td>\n<td>Takumi Motoyama\n                  <\/td>\n<td>March 2016<\/td>\n<\/tr>\n<tr>\n<td>14-37-Rev.2<\/td>\n<td><a href=\"..\/dp\/1437R2.pdf\" target=\"_blank\" rel=\"noopener\">Pensions, Education, and Growth: A Positive Analysis<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [14-37-Rev., 2015]<\/div>\n<\/td>\n<td>Tetsuo Ono, Yuki Uchida\n                  <\/td>\n<td>March 2016<\/td>\n<\/tr>\n<tr>\n<td>15-31-Rev.<\/td>\n<td><a href=\"..\/dp\/1531R.pdf\" target=\"_blank\" rel=\"noopener\">An Axiomatic Characterization of the Price-Money Message Mechanism<\/a><br \/>\n                  <\/p>\n<div><b>* Revised\uff1a<\/b> [15-31, 2015]<\/div>\n<\/td>\n<td>Ken Urai, Hiromi Murakami<\/td>\n<td>March 2016<\/td>\n<\/tr>\n<tr>\n<td>16-02<\/td>\n<td><a href=\"..\/dp\/1602.pdf\" target=\"_blank\" rel=\"noopener\">21\u4e16\u7d00\u306b\u304a\u3051\u308b\u3001\u4e16\u754c\u4e3b\u8981\u534a\u5c0e\u4f53\u4f01\u696d\u306eM&amp;A\uff08\u5408\u4f75\u3001\u8cb7\u53ce\uff09\u304a\u3088\u3073Divestiture\uff08\u58f2\u5374\uff09\u306e\u5206\u6790<br \/>\n                  <\/a><\/td>\n<td>\u4e2d\u5c4b\u96c5\u592b, \u4e2d\u6751\u6587\u4eae, \u9b4f\u6681\u4e39, \u4e2d\u5ddd\u529f\u4e00\n                  <\/td>\n<td>February 2016<\/td>\n<\/tr>\n<tr>\n<td>16-01<\/td>\n<td>Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis\n                  <\/td>\n<td>Tetsuo Ono, Yuki Uchida<\/td>\n<td>January 2016<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2015\" class=\"infoSubTitle\">2015\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>15-31<\/td>\n<td>An Axiomatic Characterization of the Price-Money Message Mechanism\n                    <\/td>\n<td>Ken Urai, Hiromi Murakami<\/td>\n<td>December 2015<\/td>\n<\/tr>\n<tr>\n<td>15-30<\/td>\n<td>Innovation by Heterogeneous Leaders\n                    <\/td>\n<td>Tatsuro Iwaisako, Kazuyoshi Ohki<\/td>\n<td>November 2015<\/td>\n<\/tr>\n<tr>\n<td>15-29<\/td>\n<td><a href=\"..\/dp\/1529.pdf\" target=\"_blank\" rel=\"noopener\">\u5449\u670d\u592a\u7269\u306e\u4fa1\u683c\u8a2d\u5b9a\u2015\u5948\u826f\u5c4b\u6749\u672c\u5bb6\u3092\u4e2d\u5fc3\u306b\u2015<br \/>\n                    <\/a><\/td>\n<td>\u9234\u6728\u6566\u5b50<\/td>\n<td>November 2015<\/td>\n<\/tr>\n<tr>\n<td>15-28<\/td>\n<td><a href=\"..\/dp\/1528.pdf\" target=\"_blank\" rel=\"noopener\">Retail Networks and Real Estate: the case of Swiss luxury watches in China and Southeast Asia<br \/>\n                    <\/a><\/td>\n<td>Thierry Theurillat, Pierre-Yves Donz\u00e9<\/td>\n<td>October 2015<\/td>\n<\/tr>\n<tr>\n<td>15-27<\/td>\n<td><a href=\"..\/dp\/1527.pdf\" target=\"_blank\" rel=\"noopener\">Public nursery school costs and the effects of the funding reforms in Japan<br \/>\n                    <\/a><\/td>\n<td>Miki Miyaki<\/td>\n<td>October 2015<\/td>\n<\/tr>\n<tr>\n<td>15-26<\/td>\n<td><a href=\"..\/dp\/1526.pdf\" target=\"_blank\" rel=\"noopener\">Productivity, Capital Intensity and ISO14001 Adoption\u2015Theory and Evidence from Vietnam<br \/>\n                    <\/a><\/td>\n<td>Bin Ni<\/td>\n<td>October 2015<\/td>\n<\/tr>\n<tr>\n<td>15-25<\/td>\n<td><a href=\"..\/dp\/1525.pdf\" target=\"_blank\" rel=\"noopener\">International intellectual property rights protection and economic growth with costly transfer<br \/>\n                    <\/a><\/td>\n<td>Kazuyoshi Ohki<\/td>\n<td>October 2015<\/td>\n<\/tr>\n<tr>\n<td>15-24<\/td>\n<td><a href=\"..\/dp\/1524.pdf\" target=\"_blank\" rel=\"noopener\">Issue selection flexibility and strategic rigidity: Lessons from Sharp&#8217;s crisis<\/a><\/td>\n<td>Koichi Nakagawa, Yoichi Matsumoto<\/td>\n<td>October 2015<\/td>\n<\/tr>\n<tr>\n<td>15-01-Rev.<\/td>\n<td><a href=\"..\/dp\/1501R.pdf\" target=\"_blank\" rel=\"noopener\">Inequality and Public Debt: A Positive Analysis<\/a><br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [15-01, 2015]<\/div>\n<\/td>\n<td>Tetsuo Ono, Ryo Arawatari\n                    <\/td>\n<td>September 2015<\/td>\n<\/tr>\n<tr>\n<td>15-23<\/td>\n<td><a href=\"..\/dp\/1523.pdf\" target=\"_blank\" rel=\"noopener\">\u5931\u696d\u7d66\u4ed8\u3068\u5b50\u3069\u3082\u6570<\/a><\/td>\n<td>\u6c60\u7530\u4eae\u4e00<\/td>\n<td>September 2015<\/td>\n<\/tr>\n<tr>\n<td>15-16-Rev.3<\/td>\n<td><a href=\"..\/dp\/1516R3.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    Large-Scaled Chain Stores versus Small-Scaled Local Stores of the Local Production for Local Consumption<\/a><br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [15-16-Rev.2, 2015]<\/div>\n<\/td>\n<td>Hiroaki Sandoh, Risa Suzuki\n                    <\/td>\n<td>September 2015<\/td>\n<\/tr>\n<tr>\n<td>14-30-Rev.<\/td>\n<td>Growth, Unemployment, and Fiscal Policy: A Political Economy Analysis<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [14-30, 2014]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                    <\/td>\n<td>September 2015<\/td>\n<\/tr>\n<tr>\n<td>14-17-Rev.<\/td>\n<td>Economic Growth and the Politics of Intergenerational Redistribution<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [14-17, 2014]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                    <\/td>\n<td>September 2015<\/td>\n<\/tr>\n<tr>\n<td>15-16-Rev.2<\/td>\n<td>\n                    Large-Scaled Chain Stores versus Small-Scaled Local Stores of the Local Production for Local Consumption<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b>Large-Scaled Chain Stores versus Small-Scaled Local Stores [15-16-Rev., 2015]<\/div>\n<\/td>\n<td>Hiroaki Sandoh, Risa Suzuki\n                    <\/td>\n<td>August 2015<\/td>\n<\/tr>\n<tr>\n<td>15-22<\/td>\n<td><a href=\"..\/dp\/1522.pdf\" target=\"_blank\" rel=\"noopener\">Asset sale, debt restructuring, and liquidation<br \/>\n                    <\/a><\/td>\n<td>Michi Nishihara, Takashi Shibata<\/td>\n<td>August 2015<\/td>\n<\/tr>\n<tr>\n<td>15-21<\/td>\n<td><a href=\"..\/dp\/1521.pdf\" target=\"_blank\" rel=\"noopener\">Education, Social Mobility, and Talent Mismatch<br \/>\n                    <\/a><\/td>\n<td>Yuki Uchida<\/td>\n<td>August 2015<\/td>\n<\/tr>\n<tr>\n<td>12-08-Rev.3<\/td>\n<td><a href=\"..\/dp\/1208R3.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic analysis of reductions in public debt in an endogenous growth model with public capital<\/a><br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [12-08-Rev.2, 2014]<\/div>\n<\/td>\n<td>Noritaka Maebayashi, Takeo Hori, Koichi Futagami\n                    <\/td>\n<td>August 2015<\/td>\n<\/tr>\n<tr>\n<td>13-07-Rev.<\/td>\n<td><a href=\"..\/dp\/1307R.pdf\" target=\"_blank\" rel=\"noopener\">Debt Policy Rules in an Open Economy<\/a><br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b>Fiscal Sustainability, Macroeconomic Stability, and Welfare under Fiscal Discipline in a Small Open<br \/>\n                    Economy [13-07, 2013]<\/div>\n<\/td>\n<td>Keiichi Morimoto, Takeo Hori, Noritaka Maebayashi, Koichi Futagami\n                    <\/td>\n<td>August 2015<\/td>\n<\/tr>\n<tr>\n<td>14-37-Rev.<\/td>\n<td>Pensions, Education, and Growth: A Positive Analysis<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [14-37, 2014]<\/div>\n<\/td>\n<td>Tetsuo Ono, Yuki Uchida\n                    <\/td>\n<td>August 2015<\/td>\n<\/tr>\n<tr>\n<td>15-17-Rev.<\/td>\n<td>\n                    Revealed Preference Test and Shortest Path Problem; Graph Theoretic Structure of the Rationalizability Test<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [15-17, 2015]<\/div>\n<\/td>\n<td>Kohei Shiozawa\n                    <\/td>\n<td>July 2015<\/td>\n<\/tr>\n<tr>\n<td>13-27-Rev.<\/td>\n<td>General Equilibrium Model for an Asymmetric Information Economy with Endogenous Resale Upperbounds<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b>General Equilibrium Model for an Asymmetric Information Economy [13-27, 2013]<\/div>\n<\/td>\n<td>Ken Urai, Akihiko Yoshimachi, Kohei Shiozawa\n                    <\/td>\n<td>July 2015<\/td>\n<\/tr>\n<tr>\n<td>15-20<\/td>\n<td><a href=\"..\/dp\/1520.pdf\" target=\"_blank\" rel=\"noopener\">Cross-Shareholdings and Information Environment<br \/>\n                    <\/a><\/td>\n<td>Katsuhiko Muramiya, Tomomi Takada<\/td>\n<td>July 2015<\/td>\n<\/tr>\n<tr>\n<td>15-16-Rev.<\/td>\n<td>\n                    Large-Scaled Chain Stores versus Small-Scaled Local Stores<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [15-16, 2015]<\/div>\n<\/td>\n<td>Hiroaki Sandoh, Risa Suzuki\n                    <\/td>\n<td>July 2015<\/td>\n<\/tr>\n<tr>\n<td>15-19<\/td>\n<td><a href=\"..\/dp\/1519.pdf\" target=\"_blank\" rel=\"noopener\">A Schumpeterian Growth Model with Financial Intermediaries<br \/>\n                    <\/a><\/td>\n<td>Miho Sunaga\n                    <\/td>\n<td>June 2015<\/td>\n<\/tr>\n<tr>\n<td>15-04-Rev.<\/td>\n<td><a href=\"..\/dp\/1504R.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    \u96c6\u4e2d\u304b\u591a\u89d2\u5316\u304b\uff1f\u534a\u5c0e\u4f53\u4f01\u696d\u306e\u88fd\u54c1\u7fa4\u9078\u629e\u3068\u53ce\u76ca\u6027\u2015\u4e16\u754c\u534a\u5c0e\u4f53\u4f01\u696d \u4e3b\u898159\u793e\u306e\u30d1\u30cd\u30eb\u30c7\u30fc\u30bf\uff082001-2013\uff09\u5206\u6790\u3088\u308a\u2015<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [15-04, 2015]<\/div>\n<p>                    <\/a><\/td>\n<td>\u4e2d\u5c4b\u96c5\u592b, \u4e2d\u6751\u6587\u4eae, \u4e2d\u5ddd\u529f\u4e00\n                    <\/td>\n<td>June 2015<\/td>\n<\/tr>\n<tr>\n<td>15-18<\/td>\n<td><a href=\"..\/dp\/1518.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    Note on the goodness-of-fit measure for GARP; NP-hardness of minimum cost index<br \/>\n                    <\/a><\/td>\n<td>Kohei Shiozawa\n                    <\/td>\n<td>June 2015<\/td>\n<\/tr>\n<tr>\n<td>15-17<\/td>\n<td>\n                    Revealed Preference Test and Shortest Path Problem; Graph Theoretic Structure of the Rationalizability Test\n                    <\/td>\n<td>Kohei Shiozawa\n                    <\/td>\n<td>June 2015<\/td>\n<\/tr>\n<tr>\n<td>15-16<\/td>\n<td>\n                    Large-Scaled Chain Stores versus Small-Scaled Local Stores\n                    <\/td>\n<td>Hiroaki Sandoh, Risa Suzuki\n                    <\/td>\n<td>June 2015<\/td>\n<\/tr>\n<tr>\n<td>14-23-Rev.2<\/td>\n<td><a href=\"..\/dp\/1423R2.pdf\" target=\"_blank\" rel=\"noopener\">Intergenerational Politics, Government Debt, and Economic Growth<\/a><br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [14-23-Rev., 2015]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                    <\/td>\n<td>June 2015<\/td>\n<\/tr>\n<tr>\n<td>15-15<\/td>\n<td><a href=\"..\/dp\/1515.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    THREE ALTERNATIVE HYPOTHESES ON THE YEN-DOLLAR EXCHANGE RATE OVER THE LAST 30 YEARS<br \/>\n                    <\/a><\/td>\n<td>Yuzo Honda, Hitoshi Inoue\n                    <\/td>\n<td>June 2015<\/td>\n<\/tr>\n<tr>\n<td>15-14<\/td>\n<td><a href=\"..\/dp\/1514.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    Welfare and Tax Policies in a Neoclassical Growth Model with Non-unitary Discounting<br \/>\n                    <\/a><\/td>\n<td>Ryoji Ohdoi, Koichi Futagami, Takeo Hori\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>15-13<\/td>\n<td><a href=\"..\/dp\/1513.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    \u6469\u64e6\u7684\u5931\u696d\u3068\u8ca1\u653f\u653f\u7b56<br \/>\n                    <\/a><\/td>\n<td>\u6c60\u7530\u4eae\u4e00\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>14-35-Rev.2<\/td>\n<td><a href=\"..\/dp\/1435R2.pdf\" target=\"_blank\" rel=\"noopener\">Replica Core Equivalence Theorem: An Extension of the Debreu-Scarf Limit Theorem to Double Infinity Monetary Economies<\/a><br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b> [14-35-Rev., 2015]<\/div>\n<\/td>\n<td>Ken Urai, Hiromi Murakami\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>15-12<\/td>\n<td><a href=\"..\/dp\/1512.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    A nation without a corporate income tax: Evidence from nineteenth century Japan<br \/>\n                    <\/a><\/td>\n<td>Kazuki Onji, John P. Tang\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>15-11<\/td>\n<td><a href=\"..\/dp\/1511.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    Socially Optimal Service hours with Special Offers<br \/>\n                    <\/a><\/td>\n<td>Hyewon Kim, Hiroaki Sandoh\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>15-10<\/td>\n<td><a href=\"..\/dp\/1510.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    The Effect of Technology Choice on Specialization and Welfare in a Two-Country Model<br \/>\n                    <\/a><\/td>\n<td>Yukiko Sawada\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>15-09<\/td>\n<td><a href=\"..\/dp\/1509.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    The Relationships between Mandatory and Voluntary Disclosures: Unobservable Precision Choices by Management<br \/>\n                    <\/a><\/td>\n<td>Toru Ishikawa\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>15-08<\/td>\n<td><a href=\"..\/dp\/1508.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    Basic and Applied Research: A Welfare Analysis<br \/>\n                    <\/a><\/td>\n<td>Kunihiko Konishi\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>15-07<\/td>\n<td><a href=\"..\/dp\/1507.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    Growth Cycles in a Two-country Model of Innovation<br \/>\n                    <\/a><\/td>\n<td>Kunihiko Konishi\n                    <\/td>\n<td>May 2015<\/td>\n<\/tr>\n<tr>\n<td>15-06<\/td>\n<td><a href=\"..\/dp\/1506.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    Modeling pollution and economic growth: the effect of a lethal threshold<br \/>\n                    <\/a><\/td>\n<td>Asuka Oura, Yasukatsu Moridera, Koichi Futagami\n                    <\/td>\n<td>April 2015<\/td>\n<\/tr>\n<tr>\n<td>15-05<\/td>\n<td><a href=\"..\/dp\/1505.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    The effects of education externality on schooling<br \/>\n                    <\/a><\/td>\n<td>Koichi Fukumura\n                    <\/td>\n<td>April 2015<\/td>\n<\/tr>\n<tr>\n<td>15-04<\/td>\n<td>\n                    \u96c6\u4e2d\u304b\u591a\u89d2\u5316\u304b\uff1f\u534a\u5c0e\u4f53\u4f01\u696d\u306e\u88fd\u54c1\u7fa4\u9078\u629e\u3068\u53ce\u76ca\u6027\u2015\u4e16\u754c\u534a\u5c0e\u4f53\u4f01\u696d \u4e3b\u898159\u793e\u306e\u30d1\u30cd\u30eb\u30c7\u30fc\u30bf\uff082001-2013\uff09\u5206\u6790\u3088\u308a\u2015\n                    <\/td>\n<td>\u4e2d\u5c4b\u96c5\u592b, \u4e2d\u6751\u6587\u4eae, \u4e2d\u5ddd\u529f\u4e00\n                    <\/td>\n<td>April 2015<\/td>\n<\/tr>\n<tr>\n<td>15-03<\/td>\n<td>Optimal disaster-preventive expenditure in a dynamic and stochastic model\n                    <\/td>\n<td>Takumi Motoyama\n                    <\/td>\n<td>April 2015<\/td>\n<\/tr>\n<tr>\n<td>14-35-Rev.<\/td>\n<td>Replica Core Equivalence Theorem: An Extension of the Debreu-Scarf Limit Theorem to Double Infinity Monetary Economies<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b>Replica Core Equivalence Theorem: An Extension of Debreu-Scarf Limit Theorem to Double Infinity Monetary Economies [14-35, 2014]<\/div>\n<\/td>\n<td>Ken Urai, Hiromi Murakami\n                    <\/td>\n<td>March 2015<\/td>\n<\/tr>\n<tr>\n<td>15-02<\/td>\n<td><a href=\"..\/dp\/1502.pdf\" target=\"_blank\" rel=\"noopener\">Shaping Japanese Management Abroad: How and Why Japanese Companies are Embedded with Particular Practices in India<br \/>\n                    <\/a><\/td>\n<td>Mohan Pyari Maharjan, Tomoki Sekiguchi\n                    <\/td>\n<td>March 2015<\/td>\n<\/tr>\n<tr>\n<td>15-01<\/td>\n<td>Inequality and Public Debt: A Positive Analysis\n                    <\/td>\n<td>Tetsuo Ono, Ryo Arawatari\n                    <\/td>\n<td>January 2015<\/td>\n<\/tr>\n<tr>\n<td>14-23-Rev.<\/td>\n<td>Intergenerational Politics, Government Debt, and Economic Growth<br \/>\n                    <\/p>\n<div><b>* Revised\uff1a<\/b>Intergenerational Politics, Government Debt and Economic Growth [14-23, 2014]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                    <\/td>\n<td>January 2015<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2014\" class=\"infoSubTitle\">2014\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>14-37<\/td>\n<td>Pensions, Education, and Growth: A Positive Analysis\n                      <\/td>\n<td>Tetsuo Ono, Yuki Uchida\n                      <\/td>\n<td>December 2014<\/td>\n<\/tr>\n<tr>\n<td>14-36<\/td>\n<td><a href=\"..\/dp\/1436.pdf\" target=\"_blank\" rel=\"noopener\">Inefficiency in fiscal policy: A political economy of the Laffer curve<br \/>\n                      <\/a><\/td>\n<td>Yutaro Hatta\n                      <\/td>\n<td>December 2014<\/td>\n<\/tr>\n<tr>\n<td>14-35<\/td>\n<td>Replica Core Equivalence Theorem: An Extension of Debreu-Scarf Limit Theorem to Double Infinity Monetary Economies\n                      <\/td>\n<td>Ken Urai, Hiromi Murakami\n                      <\/td>\n<td>November 2014<\/td>\n<\/tr>\n<tr>\n<td>14-34<\/td>\n<td>\u65e5\u672c\u4eba\u306f\u3069\u3093\u306a\u770c\u306b\u4f4f\u307f\u305f\u3044\u306e\u304b\uff1f\uff1a\u4eba\u3005\u306e\u5c45\u4f4f\u770c\u9078\u629e\u3068\u5730\u57df\u306e\u7279\u6027\n                      <\/td>\n<td>\u5c71\u6839\u667a\u6c99\u5b50, \u5c71\u6839\u627f\u5b50, \u7b52\u4e95 \u7fa9\u90ce\n                      <\/td>\n<td>November 2014<\/td>\n<\/tr>\n<tr>\n<td>14-27-Rev.<\/td>\n<td>A patentability requirement and industries targeted by R&amp;D<br \/>\n                      <\/p>\n<div><b>* Revised\uff1a<\/b> [14-27, 2014]<\/div>\n<\/td>\n<td>Keiichi Kishi\n                      <\/td>\n<td>October 2014<\/td>\n<\/tr>\n<tr>\n<td>14-33<\/td>\n<td><a href=\"..\/dp\/1433.pdf\" target=\"_blank\" rel=\"noopener\">Are facets of homo economicus associated with higher earnings and happiness?<br \/>\n                      <\/a><\/td>\n<td>Shoko Yamane, Hiroyasu Yoneda, Yoshiro Tsutsui\n                      <\/td>\n<td>October 2014<\/td>\n<\/tr>\n<tr>\n<td>14-32<\/td>\n<td><a href=\"..\/dp\/1432.pdf\" target=\"_blank\" rel=\"noopener\">Optimal income taxation without commitment: policy implications of durable goods<br \/>\n                      <\/a><\/td>\n<td>Shigeo Morita\n                      <\/td>\n<td>October 2014<\/td>\n<\/tr>\n<tr>\n<td>14-31<\/td>\n<td><a href=\"..\/dp\/1431.pdf\" target=\"_blank\" rel=\"noopener\">The time consistent public goods provision<br \/>\n                      <\/a><\/td>\n<td>Shigeo Morita\n                      <\/td>\n<td>October 2014<\/td>\n<\/tr>\n<tr>\n<td>12-09-Rev.2<\/td>\n<td><a href=\"..\/dp\/1209R2.pdf\" target=\"_blank\" rel=\"noopener\">Inequality and the Politics of Redistribution<\/a><br \/>\n                      <\/p>\n<div><b>* Revised\uff1a<\/b>Inequality Dynamics and the Politics of Redistribution [12-09-Rev., 2013]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                      <\/td>\n<td>September 2014<\/td>\n<\/tr>\n<tr>\n<td>13-16-Rev.<\/td>\n<td><a href=\"..\/dp\/1316R.pdf\" target=\"_blank\" rel=\"noopener\">A Panel Study of Zombie SMEs in Japan: Identification, Borrowing and Investment Behavior<\/a><br \/>\n                      <\/p>\n<div><b>* Revised\uff1a<\/b>A Panel Study of \u2018Zombie\u2019 SMEs in Japan: Identification, Borrowing and Investment Behavior [13-16, 2013]<\/div>\n<\/td>\n<td>Kentaro Imai\n                      <\/td>\n<td>September 2014<\/td>\n<\/tr>\n<tr>\n<td>10-21-Rev.<\/td>\n<td><a href=\"..\/dp\/1021R.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic analysis of a renewable resource in a small open economy: The role of environmental policies<br \/>\n                      for the environment<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [10-21, 2010]<\/div>\n<\/td>\n<td>Koichi Futagami, Yasuhiro Nakamoto\n                      <\/td>\n<td>September 2014<\/td>\n<\/tr>\n<tr>\n<td>13-06-Rev.2<\/td>\n<td><a href=\"..\/dp\/1306R2.pdf\" target=\"_blank\" rel=\"noopener\">Public Education and Social Security: A Political Economy Approach<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [13-06-Rev., 2013]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                      <\/td>\n<td>September 2014<\/td>\n<\/tr>\n<tr>\n<td>14-30<\/td>\n<td>Growth, Unemployment, and Fiscal Policy: A Political Economy Analysis\n                      <\/td>\n<td>Tetsuo Ono\n                      <\/td>\n<td>August 2014<\/td>\n<\/tr>\n<tr>\n<td>14-29<\/td>\n<td><a href=\"..\/dp\/1429.pdf\" target=\"_blank\" rel=\"noopener\">\u8ca9\u58f2\u6d3b\u52d5\u306e\u5916\u90e8\u6027\u3068\u653f\u7b56\u306e\u6709\u52b9\u6027<br \/>\n                      <\/a><\/td>\n<td>\u9ad9\u5ca1\u6b63\u6cd5\n                      <\/td>\n<td>August 2014<\/td>\n<\/tr>\n<tr>\n<td>14-28<\/td>\n<td><a href=\"..\/dp\/1428.pdf\" target=\"_blank\" rel=\"noopener\">\u30b7\u30e3\u30fc\u30d7\u306f\u306a\u305c\u7d4c\u55b6\u5371\u6a5f\u306b\u9665\u3063\u305f\u304b\uff1a\u300c\u67d4\u3089\u304b\u3044\u5468\u56f2\u304c\u786c\u3044\u4e2d\u5fc3\u3092\u5b88\u308b\u300d\u4eee\u8aac\u306e\u63d0\u793a<br \/>\n                      <\/a><\/td>\n<td>\u4e2d\u5ddd\u529f\u4e00, \u677e\u672c\u967d\u4e00, \u576a\u5c71\u96c4\u6a39\n                      <\/td>\n<td>July 2014<\/td>\n<\/tr>\n<tr>\n<td>14-27<\/td>\n<td>A patentability requirement and industries targeted by R&amp;D\n                      <\/td>\n<td>Keiichi Kishi\n                      <\/td>\n<td>July 2014<\/td>\n<\/tr>\n<tr>\n<td>14-26<\/td>\n<td>Determinants of Job Crafting among Part-Time and Full-Time Employees in Japan: A Relational Perspective\n                      <\/td>\n<td>Tomoki Sekiguchi, Jie Li, Masaki Hosomi\n                      <\/td>\n<td>June 2014<\/td>\n<\/tr>\n<tr>\n<td>14-25<\/td>\n<td><a href=\"..\/dp\/1425.pdf\" target=\"_blank\" rel=\"noopener\">\u5c0f\u30fb\u4e2d\u30fb\u9ad8\u7b49\u5b66\u6821\u6bb5\u968e\u306b\u304a\u3051\u308b\u6559\u80b2\u8ca1\u653f\u8ca0\u62c5\u306e\u5c06\u6765\u63a8\u5b9a\uff0d\u6559\u54e1\u69cb\u6210\u306e\u5909\u5316\u304a\u3088\u3073\u898f\u6a21\u306e\u4e0d\u7d4c\u6e08\u6027\u306e\u5f71\u97ff\uff0d<br \/>\n                      <\/a><\/td>\n<td>\u8d64\u4e95\u4f38\u90ce, \u9808\u539f\u4e09\u6a39\n                      <\/td>\n<td>June 2014<\/td>\n<\/tr>\n<tr>\n<td>14-24<\/td>\n<td><a href=\"..\/dp\/1424.pdf\" target=\"_blank\" rel=\"noopener\">Staying or Leaving? Gender, Job opportunities, and Poor Law Administration in Nineteenth-Century England<br \/>\n                      <\/a><\/td>\n<td>Chiaki Yamamoto\n                      <\/td>\n<td>June 2014<\/td>\n<\/tr>\n<tr>\n<td>14-23<\/td>\n<td>Intergenerational Politics, Government Debt and Economic Growth\n                      <\/td>\n<td>Tetsuo Ono\n                      <\/td>\n<td>June 2014<\/td>\n<\/tr>\n<tr>\n<td>14-22<\/td>\n<td><a href=\"..\/dp\/1422.pdf\" target=\"_blank\" rel=\"noopener\">Banks restructuring sonata: How capital injection triggered labor force rejuvenation in Japanese banks<br \/>\n                      <\/a><\/td>\n<td>Kazuki Onji, Takeshi Osada, David Vera\n                      <\/td>\n<td>May 2014<\/td>\n<\/tr>\n<tr>\n<td>14-21<\/td>\n<td><a href=\"..\/dp\/1421.pdf\" target=\"_blank\" rel=\"noopener\">Does the heterogeneity of project implementers affect the program participation of beneficiaries?: Evidence from rural Cambodia<br \/>\n                      <\/a><\/td>\n<td>Ayako Wakano, Hiroyuki Yamada, Daichi Shimamoto\n                      <\/td>\n<td>May 2014<\/td>\n<\/tr>\n<tr>\n<td>14-20<\/td>\n<td><a href=\"..\/dp\/1420.pdf\" target=\"_blank\" rel=\"noopener\">\u4fe1\u7528\u91d1\u5eab\u306e\u7406\u4e8b\u4f1a\u898f\u6a21\u30fb\u69cb\u6210\u306f\u30ea\u30b9\u30af\u30c6\u30a4\u30af\u3068\u52b9\u7387\u6027\u306b\u5f71\u97ff\u3059\u308b\u304b\uff1f<br \/>\n                      <\/a><\/td>\n<td>\u8336\u91ce\u52aa, \u7b52\u4e95\u7fa9\u90ce<\/p>\n<\/td>\n<td>May 2014<\/td>\n<\/tr>\n<tr>\n<td>14-19<\/td>\n<td><a href=\"..\/dp\/1419.pdf\" target=\"_blank\" rel=\"noopener\">Inverted u-shaped relationship between inequality and economic performance<br \/>\n                      <\/a><\/td>\n<td>Yuichiro Matsumoto\n                      <\/td>\n<td>April 2014<\/td>\n<\/tr>\n<tr>\n<td>14-18<\/td>\n<td><a href=\"..\/dp\/1418.pdf\" target=\"_blank\" rel=\"noopener\">A Social Cognitive Framework of Newcomers&#8217; Extra-Role Behaviors<br \/>\n                      <\/a><\/td>\n<td>Jie Li, Tomoki Sekiguchi\n                      <\/td>\n<td>April 2014<\/td>\n<\/tr>\n<tr>\n<td>14-17<\/td>\n<td>Economic Growth and the Politics of Intergenerational Redistribution\n                      <\/td>\n<td>Tetsuo Ono\n                      <\/td>\n<td>April 2014<\/td>\n<\/tr>\n<tr>\n<td>14-16<\/td>\n<td><a href=\"..\/dp\/1416.pdf\" target=\"_blank\" rel=\"noopener\">\u6d77\u5916\u5b50\u4f1a\u793e\u306b\u307f\u308b\u7d44\u7e54\u793e\u4f1a\u5316\u306e\u30b8\u30ec\u30f3\u30de\uff1a\u65e5\u7cfb\u4f01\u696d\u306e\u65b0\u8208\u56fd\u6d77\u5916\u5b50\u4f1a\u793e7\u793e\u306e\u5206\u6790\u3088\u308a<br \/>\n                      <\/a><\/td>\n<td>\u4e2d\u5ddd\u529f\u4e00, \u591a\u7530\u548c\u7f8e, \u4e2d\u5ddd\u5145, \u4eca\u5ddd\u667a\u7f8e\n                      <\/td>\n<td>April 2014<\/td>\n<\/tr>\n<tr>\n<td>14-15<\/td>\n<td><a href=\"..\/dp\/1415.pdf\" target=\"_blank\" rel=\"noopener\">Efficient Scale of Local Government in China: Quantile Regression Approach to County-Level Data<br \/>\n                      <\/a><\/td>\n<td>Mototsugu Fukushige, Yingxin Shi\n                      <\/td>\n<td>April 2014<\/td>\n<\/tr>\n<tr>\n<td>14-14<\/td>\n<td><a href=\"..\/dp\/1414.pdf\" target=\"_blank\" rel=\"noopener\">Catching up and falling behind in technological progress: the experience of the textile and chemical industries in Italy between 1904 and 1937<br \/>\n                      <\/a><\/td>\n<td>Makiko Hino, Mototsugu Fukushige\n                      <\/td>\n<td>April 2014<\/td>\n<\/tr>\n<tr>\n<td>14-13<\/td>\n<td><a href=\"..\/dp\/1413.pdf\" target=\"_blank\" rel=\"noopener\">Valuation of sequential R&amp;D investment under technological, market, and rival preemption uncertainty<br \/>\n                      <\/a><\/td>\n<td>Michi Nishihara\n                      <\/td>\n<td>April 2014<\/td>\n<\/tr>\n<tr>\n<td>14-12<\/td>\n<td><a href=\"..\/dp\/1412.pdf\" target=\"_blank\" rel=\"noopener\">A Multilevel Investigation of Individual and Contextual Effects on Employee Job Crafting<br \/>\n                      <\/a><\/td>\n<td>Jie Li, Tomoki Sekiguchi, Jipeng Qi\n                      <\/td>\n<td>April 2014<\/td>\n<\/tr>\n<tr>\n<td>14-11<\/td>\n<td><a href=\"..\/dp\/1411.pdf\" target=\"_blank\" rel=\"noopener\">Growth effect of bubbles in a non-scale endogenous growth model with in-house R&amp;D<br \/>\n                      <\/a><\/td>\n<td>Kizuku Takao\n                      <\/td>\n<td>February 2014<\/td>\n<\/tr>\n<tr>\n<td>14-10<\/td>\n<td><a href=\"..\/dp\/1410.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic effects of anticipated and temporary tax changes in a R&amp;D-Based growth model<br \/>\n                      <\/a><\/td>\n<td>Kizuku Takao\n                      <\/td>\n<td>February 2014<\/td>\n<\/tr>\n<tr>\n<td>14-09<\/td>\n<td><a href=\"..\/dp\/1409.pdf\" target=\"_blank\" rel=\"noopener\">\u5468\u6ce2\u6570\u9818\u57df\u306b\u304a\u3051\u308b\u6642\u7cfb\u5217\u9593\u306e\u56e0\u679c\u6027\u306e\u5909\u5316\u306e\u691c\u8a3c\u306b\u95a2\u3057\u3066<br \/>\n                      <\/a><\/td>\n<td>\u6728\u4e0b\u4eae, \u5927\u5c4b\u5e78\u8f14\n                      <\/td>\n<td>February 2014<\/td>\n<\/tr>\n<tr>\n<td>14-08<\/td>\n<td><a href=\"..\/dp\/1408.pdf\" target=\"_blank\" rel=\"noopener\">Environmental Technology Transfer in a Cournot Duopoly: The Case of Fixed-Fee Licensing<br \/>\n                      <\/a><\/td>\n<td>Akira Miyaoka\n                      <\/td>\n<td>February 2014<\/td>\n<\/tr>\n<tr>\n<td>14-07<\/td>\n<td><a href=\"..\/dp\/1407.pdf\" target=\"_blank\" rel=\"noopener\">The different effects of risk preferences on the adoption of agricultural technology: evidence from a rural area in Cambodia<br \/>\n                      <\/a><\/td>\n<td>Daichi Shimamoto, Hiroyuki Yamada, Ayako Wakano\n                      <\/td>\n<td>February 2014<\/td>\n<\/tr>\n<tr>\n<td>14-06<\/td>\n<td><a href=\"..\/dp\/1406.pdf\" target=\"_blank\" rel=\"noopener\">The impact of improved access to market information through mobile phones usage on selling prices: Evidence from rural areas in Cambodia<br \/>\n                      <\/a><\/td>\n<td>Daichi Shimamoto, Hiroyuki Yamada, Martin Gummert\n                      <\/td>\n<td>February 2014<\/td>\n<\/tr>\n<tr>\n<td>14-05<\/td>\n<td><a href=\"..\/dp\/1405.pdf\" target=\"_blank\" rel=\"noopener\">Motivation behind remittance from migrants: Evidence from Albania<br \/>\n                      <\/a><\/td>\n<td>Daichi Shimamoto\n                      <\/td>\n<td>February 2014<\/td>\n<\/tr>\n<tr>\n<td>14-04<\/td>\n<td><a href=\"..\/dp\/1404.pdf\" target=\"_blank\" rel=\"noopener\">\u30d1\u30ca\u30bd\u30cb\u30c3\u30af\u306b\u304a\u3051\u308b\u30d7\u30e9\u30ba\u30de\u30c6\u30ec\u30d3\u4e8b\u696d\u306e\u5931\u6557\u306b\u95a2\u3059\u308b\u7814\u7a76<br \/>\n                      <\/a><\/td>\n<td>\u4e2d\u91ce\u8cb4\u7d00\n                      <\/td>\n<td>January 2014<\/td>\n<\/tr>\n<tr>\n<td>12-08-Rev.2<\/td>\n<td>Dynamic analysis of reductions in public debt in an endogenous growth model with public capital<br \/>\n                      <\/p>\n<div><b>* Revised\uff1a<\/b> [12-08-Rev., 2013]<\/div>\n<\/td>\n<td>Noritaka Maebayashi, Takeo Hori, Koichi Futagami\n                      <\/td>\n<td>January 2014<\/td>\n<\/tr>\n<tr>\n<td>14-03<\/td>\n<td><a href=\"..\/dp\/1403.pdf\" target=\"_blank\" rel=\"noopener\">\u65b0\u8208\u56fd\u4f01\u696d\u306e\u30dd\u30b9\u30c8M&amp;A\u306b\u304a\u3051\u308b\u30cf\u30a4\u30d6\u30ea\u30c3\u30c9\u7d4c\u55b6\u2015\u30ec\u30ce\u30dc\u306e\u6d77\u5916M&amp;A\u306e\u4e8b\u4f8b\u3092\u984c\u6750\u3068\u3057\u305f\u8a66\u8ad6\u2015<br \/>\n                      <\/a><\/td>\n<td>\u6bdb\u8b5a\u777f\n                      <\/td>\n<td>January 2014<\/td>\n<\/tr>\n<tr>\n<td>14-02<\/td>\n<td><a href=\"..\/dp\/1402.pdf\" target=\"_blank\" rel=\"noopener\">General Equilibrium Model with Information Asymmetry and Commodity-Information Technologies<br \/>\n                      <\/a><\/td>\n<td>Ken Urai, Akihiko Yoshimachi, Kohei Shiozawa\n                      <\/td>\n<td>January 2014<\/td>\n<\/tr>\n<tr>\n<td>14-01<\/td>\n<td><a href=\"..\/dp\/1401.pdf\" target=\"_blank\" rel=\"noopener\">Intraday Return and Volatility Spillover Mechanism from Chinese to Japanese Stock Market<br \/>\n                      <\/a><\/td>\n<td>Yusaku Nishimura, Yoshiro Tsutsui, Kenjiro Hirayama\n                      <\/td>\n<td>January 2014<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2013\" class=\"infoSubTitle\">2013\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>13-32<\/td>\n<td><a href=\"..\/dp\/1332.pdf\" target=\"_blank\" rel=\"noopener\">How Urbanization Affect Employment and Social Interactions<br \/>\n                        <\/a><\/td>\n<td>Yasuhiro Sato, Yves Zenou\n                        <\/td>\n<td>December 2013<\/td>\n<\/tr>\n<tr>\n<td>13-02-Rev.2<\/td>\n<td><a href=\"..\/dp\/1302R2.pdf\" target=\"_blank\" rel=\"noopener\">Disposition Effect and Diminishing Sensitivity: An Analysis Based on a Simulated Experimental Stock Market<\/a><br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b>Disposition Effect and Loss Aversion: An Analysis Based on a Simulated Experimental Stock Market [13-02-Rev., 2013]<\/div>\n<\/td>\n<td>Youki Kohsaka, Grzegorz Mardyla, Shinji Takenaka, Yoshiro Tsutsui\n                        <\/td>\n<td>December 2013<\/td>\n<\/tr>\n<tr>\n<td>13-31<\/td>\n<td>Human capital investment, Signaling, and Wage differentials\n                        <\/td>\n<td>Masashi Tanaka\n                        <\/td>\n<td>December 2013<\/td>\n<\/tr>\n<tr>\n<td>13-30<\/td>\n<td><a href=\"..\/dp\/1330.pdf\" target=\"_blank\" rel=\"noopener\">Urban laboring poor against Infant Mortality at Osaka city of the early 20th century: Who saved babies?<br \/>\n                        <\/a><\/td>\n<td>Emiko Higami, Kenichi Tomobe, Makoto Hanashima\n                        <\/td>\n<td>November 2013<\/td>\n<\/tr>\n<tr>\n<td>13-15-Rev.<\/td>\n<td><a href=\"..\/dp\/1315R.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        Intellectual Property Rights and Foreign Direct Investment:A Welfare Analysis<\/a><br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b> [13-15, 2013]<\/div>\n<\/td>\n<td>Hitoshi Tanaka, Tatsuro Iwaisako\n                        <\/td>\n<td>November 2013<\/td>\n<\/tr>\n<tr>\n<td>13-29<\/td>\n<td><a href=\"..\/dp\/1329.pdf\" target=\"_blank\" rel=\"noopener\">Analyzing the impact of labor market integration<br \/>\n                        <\/a><\/td>\n<td>Keisuke Kawata, Kentaro Nakajima, Yasuhiro Sato\n                        <\/td>\n<td>November 2013<\/td>\n<\/tr>\n<tr>\n<td>13-28<\/td>\n<td><a href=\"..\/dp\/1328.pdf\" target=\"_blank\" rel=\"noopener\">Social Network Sites, Motivations and Social Capital: Comparative Study of Japan and Brazil<br \/>\n                        <\/a><\/td>\n<td>Marcos Hideyuki Yokoyama\n                        <\/td>\n<td>November 2013<\/td>\n<\/tr>\n<tr>\n<td>12-09-Rev.<\/td>\n<td>Inequality Dynamics and the Politics of Redistribution<br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b>Inequality, Growth and the Politics of Education and Redistribution [12-09, 2012]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                        <\/td>\n<td>November 2013<\/td>\n<\/tr>\n<tr>\n<td>13-27<\/td>\n<td>General Equilibrium Model for an Asymmetric Information Economy\n                        <\/td>\n<td>Ken Urai, Akihiko Yoshimachi, Kohei Shiozawa\n                        <\/td>\n<td>October 2013<\/td>\n<\/tr>\n<tr>\n<td>13-26<\/td>\n<td><a href=\"..\/dp\/1326.pdf\" target=\"_blank\" rel=\"noopener\">Public Research Spending in an Endogenous Growth Model<br \/>\n                        <\/a><\/td>\n<td>Kunihiko Konishi\n                        <\/td>\n<td>October 2013<\/td>\n<\/tr>\n<tr>\n<td>13-06-Rev.<\/td>\n<td>Public Education and Social Security: A Political Economy Approach<\/p>\n<div><b>* Revised\uff1a<\/b> [13-06, 2013]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                        <\/td>\n<td>September 2013<\/td>\n<\/tr>\n<tr>\n<td>13-25<\/td>\n<td><a href=\"..\/dp\/1325.pdf\" target=\"_blank\" rel=\"noopener\">THE EFFECTIVENESS OF NONTRADITIONAL MONETARY POLICY: THE CASE OF JAPAN<br \/>\n                        <\/a><\/td>\n<td>Yuzo Honda\n                        <\/td>\n<td>September 2013<\/td>\n<\/tr>\n<tr>\n<td>13-24<\/td>\n<td><a href=\"..\/dp\/1324.pdf\" target=\"_blank\" rel=\"noopener\">Relationship-specific Investment as a Barrier to Entry<br \/>\n                        <\/a><\/td>\n<td>Hiroshi Kitamura, Akira Miyaoka, Misato Sato\n                        <\/td>\n<td>September 2013<\/td>\n<\/tr>\n<tr>\n<td>13-23<\/td>\n<td><a href=\"..\/dp\/1323.pdf\" target=\"_blank\" rel=\"noopener\">Economic geography, endogenous fertility, and agglomeration<br \/>\n                        <\/a><\/td>\n<td>Tadashi Morita, Kazuhiro Yamamoto\n                        <\/td>\n<td>September 2013<\/td>\n<\/tr>\n<tr>\n<td>13-22<\/td>\n<td><a href=\"..\/dp\/1322.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        A Note on Commodity Taxation and Economic Growth<br \/>\n                        <\/a><\/td>\n<td>Kunihiko Konishi\n                        <\/td>\n<td>September 2013<\/td>\n<\/tr>\n<tr>\n<td>13-21<\/td>\n<td><a href=\"..\/dp\/1321.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        Intergovernmental Fiscal Relationships in China: A Simple Model Based on the Nonsymmetric Nash Solution<br \/>\n                        <\/a><\/td>\n<td>Mototsugu Fukushige, Yingxin Shi\n                        <\/td>\n<td>August 2013<\/td>\n<\/tr>\n<tr>\n<td>13-20<\/td>\n<td>Dynamic analysis of wage inequality and creative destruction\n                        <\/td>\n<td>Keiichi Kishi\n                        <\/td>\n<td>August 2013<\/td>\n<\/tr>\n<tr>\n<td>13-19<\/td>\n<td><a href=\"..\/dp\/1319.pdf\" target=\"_blank\" rel=\"noopener\">The long-run relationship between the Japanese credit and money multipliers<br \/>\n                        <\/a><\/td>\n<td>Mototsugu Fukushige\n                        <\/td>\n<td>August 2013<\/td>\n<\/tr>\n<tr>\n<td>13-18<\/td>\n<td><a href=\"..\/dp\/1318.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        The Life of a Mariner in Eighteenth-Century Bristol: A Case Study of Higher-Value Probate Inventories<br \/>\n                        <\/a><\/td>\n<td>Yoshihiko Okabe\n                        <\/td>\n<td>August 2013<\/td>\n<\/tr>\n<tr>\n<td>11-26-Rev.2<\/td>\n<td><a href=\"..\/dp\/1126R2.pdf\" target=\"_blank\" rel=\"noopener\">Old-age Social Security vs. Forward Intergenerational Public Goods Provision<\/a><br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b> [11-26-Rev., 2013]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                        <\/td>\n<td>August 2013<\/td>\n<\/tr>\n<tr>\n<td>13-17<\/td>\n<td><a href=\"..\/dp\/1317.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        Dissatisfaction with dwelling environments in an aging society: An empirical analysis of the Kanto area in Japan<br \/>\n                        <\/a><\/td>\n<td>Noriko Ishikawa, Mototsugu Fukushige\n                        <\/td>\n<td>July 2013<\/td>\n<\/tr>\n<tr>\n<td>13-16<\/td>\n<td>\n                        A Panel Study of \u2018Zombie\u2019 SMEs in Japan: Identification, Borrowing and Investment Behavior\n                        <\/td>\n<td>Kentaro Imai\n                        <\/td>\n<td>July 2013<\/td>\n<\/tr>\n<tr>\n<td>13-15<\/td>\n<td>\n                        Intellectual Property Rights and Foreign Direct Investment: A Welfare Analysis\n                        <\/td>\n<td>Hitoshi Tanaka, Tatsuro Iwaisako\n                        <\/td>\n<td>July 2013<\/td>\n<\/tr>\n<tr>\n<td>13-14<\/td>\n<td><a href=\"..\/dp\/1314.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        \u3069\u306e\u3088\u3046\u306a\u4eba\u304c\u7d50\u5a5a\u30fb\u51fa\u7523\u3092\u6c7a\u610f\u3059\u308b\u306e\u304b?\uff1a\u30a2\u30f3\u30b1\u30fc\u30c8\u8abf\u67fb\u306e\u7d50\u679c<br \/>\n                        <\/a><\/td>\n<td>\u7b52\u4e95\u7fa9\u90ce, \u4e80\u5742\u5b89\u7d00\u5b50, Oleksandr Movshuk, \u767d\u77f3\u5c0f\u767e\u5408\n                        <\/td>\n<td>July 2013<\/td>\n<\/tr>\n<tr>\n<td>13-09-Rev.<\/td>\n<td><a href=\"..\/dp\/1309R.pdf\" target=\"_blank\" rel=\"noopener\">The Leading Indicator Property of the Term Spread and the Monetary Policy Factors in Japan<\/a><br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b> [13-09, 2013]<\/div>\n<\/td>\n<td>Hiroshi Nakaota, Yuichi Fukuta\n                        <\/td>\n<td>July 2013<\/td>\n<\/tr>\n<tr>\n<td>13-13<\/td>\n<td><a href=\"..\/dp\/1313.pdf\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        Indeterminacy and utility-generating government spending under balanced-budget fiscal policies<br \/>\n                        <\/a><\/td>\n<td>Takeo Hori, Noritaka Maebayashi\n                        <\/td>\n<td>July 2013<\/td>\n<\/tr>\n<tr>\n<td>13-12<\/td>\n<td><a href=\"..\/dp\/1312.pdf\" target=\"_blank\" rel=\"noopener\">Land development, search frictions, and city structure<br \/>\n                        <\/a><\/td>\n<td>Yasuhiro Sato, Wei Xiao\n                        <\/td>\n<td>June 2013<\/td>\n<\/tr>\n<tr>\n<td>13-11<\/td>\n<td><a href=\"..\/dp\/1311.pdf\" target=\"_blank\" rel=\"noopener\">The relationship between an electricity supply ceiling and economic growth: An application of disequilibrium modeling to Taiwan<br \/>\n                        <\/a><\/td>\n<td>Mototsugu Fukushige, Hiroshige Yamawaki\n                        <\/td>\n<td>June 2013<\/td>\n<\/tr>\n<tr>\n<td>13-10<\/td>\n<td><a href=\"..\/dp\/1310.pdf\" target=\"_blank\" rel=\"noopener\">Long-Run Fiscal Multiplier for Autonomous Prefectures in China<br \/>\n                        <\/a><\/td>\n<td>Yingxin Shi, Mototsugu Fukushige\n                        <\/td>\n<td>June 2013<\/td>\n<\/tr>\n<tr>\n<td>13-09<\/td>\n<td>The Leading Indicator Property of the Term Spread and the Monetary Policy Factors in Japan\n                        <\/td>\n<td>Hiroshi Nakaota, Yuichi Fukuta\n                        <\/td>\n<td>May 2013<\/td>\n<\/tr>\n<tr>\n<td>13-08<\/td>\n<td><a href=\"..\/dp\/1308.pdf\" target=\"_blank\" rel=\"noopener\">Wealth Distribution Dynamics with Status Preference: asymmetric motivations for status<br \/>\n                        <\/a><\/td>\n<td>Yutaro Hatta\n                        <\/td>\n<td>May 2013<\/td>\n<\/tr>\n<tr>\n<td>13-07<\/td>\n<td>Fiscal Sustainability, Macroeconomic Stability, and Welfare under Fiscal Discipline in a Small Open<br \/>\n                        Economy\n                        <\/td>\n<td>Keiichi Morimoto, Takeo Hori, Noritaka Maebayashi, Koichi Futagami\n                        <\/td>\n<td>May 2013<\/td>\n<\/tr>\n<tr>\n<td>13-06<\/td>\n<td>Public Education and Social Security: A Political Economy Approach\n                        <\/td>\n<td>Tetsuo Ono\n                        <\/td>\n<td>May 2013<\/td>\n<\/tr>\n<tr>\n<td>11-31-Rev.<\/td>\n<td><a href=\"..\/dp\/1131R.pdf\" target=\"_blank\" rel=\"noopener\">Relationships and Growth<\/a><br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b> [11-31, 2011]<\/div>\n<\/td>\n<td>Shingo Ishiguro\n                        <\/td>\n<td>May 2013<\/td>\n<\/tr>\n<tr>\n<td>11-26-Rev.<\/td>\n<td>Old-age Social Security vs. Forward Intergenerational Public Goods Provision<br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b> [11-26, 2011]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                        <\/td>\n<td>April 2013<\/td>\n<\/tr>\n<tr>\n<td>13-02-Rev.<\/td>\n<td>Disposition Effect and Loss Aversion: An Analysis Based on a Simulated Experimental Stock Market<br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b> [13-02, 2013]<\/div>\n<\/td>\n<td>Youki Kohsaka, Grzegorz Mardyla, Shinji Takenaka, Yoshiro Tsutsui\n                        <\/td>\n<td>April 2013<\/td>\n<\/tr>\n<tr>\n<td>13-05<\/td>\n<td><a href=\"..\/dp\/1305.pdf\" target=\"_blank\" rel=\"noopener\">Preemption, leverage, and financing constraints<br \/>\n                        <\/a><\/td>\n<td>Michi Nishihara, Takashi Shibata\n                        <\/td>\n<td>April 2013<\/td>\n<\/tr>\n<tr>\n<td>13-04<\/td>\n<td><a href=\"..\/dp\/1304.pdf\" target=\"_blank\" rel=\"noopener\">Central Bank Independence and the Signaling Effect of Intervention: A Preliminary Exploration<br \/>\n                        <\/a><\/td>\n<td>Shinji Takagi, Hiroki Okada\n                        <\/td>\n<td>March 2013<\/td>\n<\/tr>\n<tr>\n<td>13-03<\/td>\n<td><a href=\"..\/dp\/1303.pdf\" target=\"_blank\" rel=\"noopener\">Model-free Implied Volatility Index of Japanese Stock Market<br \/>\n                        <\/a><\/td>\n<td>Nattapol TAKKABUTR\n                        <\/td>\n<td>March 2013<\/td>\n<\/tr>\n<tr>\n<td>13-02<\/td>\n<td>Disposition Effect and Loss Aversion: An Analysis Based on a Simulated Experimental Stock Market\n                        <\/td>\n<td>Youki Kohsaka, Grzegorz Mardyla, Shinji Takenaka, Yoshiro Tsutsui\n                        <\/td>\n<td>February 2013<\/td>\n<\/tr>\n<tr>\n<td>12-08-Rev.<\/td>\n<td>Dynamic analysis of reductions in public debt in an endogenous growth model with public capital<br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b> [12-08, 2012]<\/div>\n<\/td>\n<td>Noritaka Maebayashi, Takeo Hori, Koichi Futagami\n                        <\/td>\n<td>February 2013<\/td>\n<\/tr>\n<tr>\n<td>13-01<\/td>\n<td>The Impact of Mandatory Disclosure on Information Acquisition: Theory and Experiment\n                        <\/td>\n<td>Kazunori Miwa\n                        <\/td>\n<td>February 2013<\/td>\n<\/tr>\n<tr>\n<td>11-32-Rev.2<\/td>\n<td><a href=\"..\/dp\/1132R2.pdf\" target=\"_blank\" rel=\"noopener\">Marital Status and Derived Pension Rights: A Political Economy Model of Public Pensions with Borrowing Constraints<\/a><br \/>\n                        <\/p>\n<div><b>* Revised\uff1a<\/b> [11-32-Rev., 2012]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                        <\/td>\n<td>January 2013<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2012\" class=\"infoSubTitle\">2012\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>12-19<\/td>\n<td><a href=\"..\/dp\/1219.pdf\" target=\"_blank\" rel=\"noopener\">Welfare effects of patent protection and productive public services: why do developing countries prefer weaker patent protection?<br \/>\n                          <\/a><\/td>\n<td>Tatsuro Iwaisako\n                          <\/td>\n<td>December 2012<\/td>\n<\/tr>\n<tr>\n<td>11-04-Rev.<\/td>\n<td><a href=\"..\/dp\/1104R.pdf\" target=\"_blank\" rel=\"noopener\">Free Entry, Market Diffusion, and Social Inefficiency with Endogenously Growing Demand<\/a><br \/>\n                          <\/p>\n<div><b>* Revised\uff1a<\/b> [11-04, 2011]<\/div>\n<\/td>\n<td>Hiroshi Kitamura, Akira Miyaoka, Misato Sato<\/td>\n<td>November 2012<\/td>\n<\/tr>\n<tr>\n<td>12-18<\/td>\n<td><a href=\"..\/dp\/1218.pdf\" target=\"_blank\" rel=\"noopener\">What caused the failure of nationalisation of the railway system in Germany? : Malfunction of the German Imperial Railway Office<br \/>\n                          (<i class=\"italic\">Reichseisenbahnamt<\/i>) in the 1870s and 1880s<br \/>\n                          <\/a><\/td>\n<td>Ayumu Banzawa\n                          <\/td>\n<td>October 2012<\/td>\n<\/tr>\n<tr>\n<td>08-18-Rev.4<\/td>\n<td><a href=\"..\/dp\/0818R4.pdf\" target=\"_blank\" rel=\"noopener\">A Political Economy Model of Earnings Mobility and Redistribution Policy<\/a><br \/>\n                          <\/p>\n<div><b>* Revised\uff1a<\/b> [08-18-Rev.3, 2011]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                          <\/td>\n<td>October 2012<\/td>\n<\/tr>\n<tr>\n<td>11-06-Rev.<\/td>\n<td><a href=\"..\/dp\/1106R.pdf\" target=\"_blank\" rel=\"noopener\">An Experimental Test of a Committee Search Model<\/a><br \/>\n                          <\/p>\n<div><b>* Revised\uff1a<\/b>An Experimental Test of a Collective Search Model [11-06, 2011]<\/div>\n<\/td>\n<td>Yoichi Hizen, Keisuke Kawata, Masaru Sasaki<\/td>\n<td>September 2012<\/td>\n<\/tr>\n<tr>\n<td>12-17<\/td>\n<td>An Empirical Study on Stabilities of the Predictive Role of the Yield Spread for Future Economic Activity and the Monetary Policy Stance in Japan\n                          <\/td>\n<td>Yuichi Fukuta, Hiroshi Nakaota\n                          <\/td>\n<td>September 2012<\/td>\n<\/tr>\n<tr>\n<td>12-16<\/td>\n<td><a href=\"..\/dp\/1216.pdf\" target=\"_blank\" rel=\"noopener\">Tobin&#8217;s q as a transmission channel for nontraditional monetary policy: The case of Japan<br \/>\n                          <\/a><\/td>\n<td>Yuzo Honda, Minoru Tachibana\n                          <\/td>\n<td>September 2012<\/td>\n<\/tr>\n<tr>\n<td>12-15<\/td>\n<td><a href=\"..\/dp\/1215.pdf\" target=\"_blank\" rel=\"noopener\">Mariners in Bristol in the seventeenth and eighteen centuries -An analysis based on probate inventories-<br \/>\n                          <\/a><\/td>\n<td>Yoshihiko Okabe\n                          <\/td>\n<td>August 2012<\/td>\n<\/tr>\n<tr>\n<td>12-14<\/td>\n<td><a href=\"..\/dp\/1214.pdf\" target=\"_blank\" rel=\"noopener\">\u8fb2\u5bb6\u7d4c\u55b6\u3068\u7523\u696d\u7d44\u5408\u306e\u4fe1\u7528\u4e8b\u696d\u2015\u7121\u9650\u8cac\u4efb\u7af9\u9928\u6797\u6a8e\u751f\u7523\u8cfc\u8cb7\u8ca9\u58f2\u4fe1\u7528\u7d44\u5408\u306e\u4e8b\u4f8b<br \/>\n                          <\/a><\/td>\n<td>\u767d\u4e95\u6cc9\n                          <\/td>\n<td>July 2012<\/td>\n<\/tr>\n<tr>\n<td>12-13<\/td>\n<td><a href=\"..\/dp\/1213.pdf\" target=\"_blank\" rel=\"noopener\">\u975e\u6d41\u52d5\u6027\u8cc7\u7523\u306e\u4fdd\u6709\u306b\u95a2\u3059\u308b\u5bb6\u8a08\u306e\u610f\u601d\u6c7a\u5b9a\u2015\u73fe\u5728\u601d\u8003\u3068\u30b3\u30df\u30c3\u30c8\u30e1\u30f3\u30c8\u306e\u89b3\u70b9\u304b\u3089\u2015<br \/>\n                          <\/a><\/td>\n<td>\u76db\u672c\u6676\u5b50\n                          <\/td>\n<td>July 2012<\/td>\n<\/tr>\n<tr>\n<td>12-12<\/td>\n<td><a href=\"..\/dp\/1212.pdf\" target=\"_blank\" rel=\"noopener\">\u65b0\u898f\u682a\u5f0f\u516c\u958b\u3092\u3081\u3050\u308b\u4f1a\u8a08\u64cd\u4f5c\u3068\u682a\u5f0f\u5e02\u5834\u306e\u53cd\u5fdc<br \/>\n                          <\/a><\/td>\n<td>\u5c71\u672c\u9054\u53f8, \u52a0\u85e4\u82f1\u660e\n                          <\/td>\n<td>June 2012<\/td>\n<\/tr>\n<tr>\n<td>12-11<\/td>\n<td><a href=\"..\/dp\/1211.pdf\" target=\"_blank\" rel=\"noopener\">Does globalization foster economic growth?<br \/>\n                          <\/a><\/td>\n<td>Tadashi Morita, Hajime Takatsuka, Kazuhiro Yamamoto\n                          <\/td>\n<td>June 2012<\/td>\n<\/tr>\n<tr>\n<td>12-10<\/td>\n<td><a href=\"..\/dp\/1210.pdf\" target=\"_blank\" rel=\"noopener\">Identifying the De Facto Exchange Rate Regime for Moldova: A State-Space Approach<br \/>\n                          <\/a><\/td>\n<td>Vitalie Ciubotaru\n                          <\/td>\n<td>May 2012<\/td>\n<\/tr>\n<tr>\n<td>12-09<\/td>\n<td>Inequality, Growth and the Politics of Education and Redistribution\n                          <\/td>\n<td>Tetsuo Ono\n                          <\/td>\n<td>May 2012<\/td>\n<\/tr>\n<tr>\n<td>11-32-Rev.<\/td>\n<td>Marital Status and Derived Pension Rights:<br \/>\n                          A Political Economy Model of Public Pensions with Borrowing Constraints<br \/>\n                          <\/p>\n<div><b>* Revised\uff1a<\/b> [11-32, 2011]<\/div>\n<\/td>\n<td>Tetsuo Ono\n                          <\/td>\n<td>May 2012<\/td>\n<\/tr>\n<tr>\n<td>11-07-Rev.<\/td>\n<td><a href=\"..\/dp\/1107R.pdf\" target=\"_blank\" rel=\"noopener\">Measuring Search Frictions Using Japanese Microdata<\/a><br \/>\n                          <\/p>\n<div><b>* Revised\uff1a<\/b> [11-07, 2011]<\/div>\n<\/td>\n<td>Masaru Sasaki, Miki Kohara, Tomohiro Machikita<\/td>\n<td>May 2012<\/td>\n<\/tr>\n<tr>\n<td>11-02-Rev.2<\/td>\n<td><a href=\"..\/dp\/1102R2.pdf\" target=\"_blank\" rel=\"noopener\">Redistributive Politics and Government Debt in a Borrowing-constrained Economy<\/a><br \/>\n                          <\/p>\n<div><b>* Revised\uff1a<\/b> [11-02-Rev., 2011]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono<\/td>\n<td>May 2012<\/td>\n<\/tr>\n<tr>\n<td>12-08<\/td>\n<td>Dynamic analysis of reductions in public debt in an endogenous growth model with public capital\n                          <\/td>\n<td>Noritaka Maebayashi, Takeo Hori, Koichi Futagami\n                          <\/td>\n<td>April 2012<\/td>\n<\/tr>\n<tr>\n<td>12-07<\/td>\n<td><a href=\"..\/dp\/1207.pdf\" target=\"_blank\" rel=\"noopener\">The effects of external financing costs on investment timing and sizing decisions<br \/>\n                          <\/a><\/td>\n<td>Michi Nishihara, Takashi Shibata\n                          <\/td>\n<td>April 2012<\/td>\n<\/tr>\n<tr>\n<td>12-06<\/td>\n<td><a href=\"..\/dp\/1206.pdf\" target=\"_blank\" rel=\"noopener\">\uff2d\u30fb\u30dc\u30a6\u30eb\u30c8\u30f3\u306e\u30af\u30ea\u30b9\u30c6\u30a3\u30fc\u30ba\u306b\u304a\u3051\u308b\u5c55\u793a\u8ca9\u58f2\u4f1a\u2015\u8fd1\u5e74\u306e\u7814\u7a76\u52d5\u5411\u306b\u898b\u308b\u30dc\u30a6\u30eb\u30c8\u30f3\u50cf\u2015<br \/>\n                          <\/a><\/td>\n<td>\u5ca1\u90e8\u82b3\u5f66\n                          <\/td>\n<td>April 2012<\/td>\n<\/tr>\n<tr>\n<td>12-05<\/td>\n<td><a href=\"..\/dp\/1205.pdf\" target=\"_blank\" rel=\"noopener\">Capital mobility\uff0da resource curse or blessing? How, when, for whom?<br \/>\n                          <\/a><\/td>\n<td>Hikaru Ogawa, Jun Oshiro, Yasuhiro Sato\n                          <\/td>\n<td>March 2012<\/td>\n<\/tr>\n<tr>\n<td>12-04<\/td>\n<td><a href=\"..\/dp\/1204.pdf\" target=\"_blank\" rel=\"noopener\">THE POLITICAL ECONOMY OF FOREIGN EXCHANGE MARKET INTERVENTION<br \/>\n                          <\/a><\/td>\n<td>Shinji Takagi, Kenichi Hirose, Issei Kozuru\n                          <\/td>\n<td>March 2012<\/td>\n<\/tr>\n<tr>\n<td>12-03<\/td>\n<td><a href=\"..\/dp\/1203.pdf\" target=\"_blank\" rel=\"noopener\">Testing the Effectiveness of Market-Based Controls: Evidence from the Experience of Japan with Short-Term Capital Flows in the 1970s<br \/>\n                          <\/a><\/td>\n<td>Taro Esaka, Shinji Takagi\n                          <\/td>\n<td>March 2012<\/td>\n<\/tr>\n<tr>\n<td>11-01-Rev.<\/td>\n<td><a href=\"..\/dp\/1101R.pdf\" target=\"_blank\" rel=\"noopener\">Weather and Individual Happiness<\/a><br \/>\n                          <\/p>\n<div><b>* Revised\uff1a<\/b>Climate and Individual Well-being [11-01, 2011]<\/div>\n<\/td>\n<td>Yoshiro Tsutsui<\/td>\n<td>March 2012<\/td>\n<\/tr>\n<tr>\n<td>12-02<\/td>\n<td><a href=\"..\/dp\/1202.pdf\" target=\"_blank\" rel=\"noopener\">Free entry, regulatory competition, and globalization<br \/>\n                          <\/a><\/td>\n<td>Kaz Miyagiwa, Yasuhiro Sato\n                          <\/td>\n<td>March 2012<\/td>\n<\/tr>\n<tr>\n<td>12-01<\/td>\n<td><a href=\"..\/dp\/1201.pdf\" target=\"_blank\" rel=\"noopener\">Return and Volatility Spillovers between Japanese and Chinese Stock Markets\uff1aAn Analysis of Overlapping Trading Hours with High-frequency Data<br \/>\n                          <\/a><\/td>\n<td>Yusaku Nishimura, Yoshiro Tsutsui, Kenjiro Hirayama\n                          <\/td>\n<td>February 2012<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2011\" class=\"infoSubTitle\">2011\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>11-35<\/td>\n<td><a href=\"..\/dp\/1135.pdf\" target=\"_blank\" rel=\"noopener\">Corporate Governance and the Costs of Public Debt Financing: Evidence from Japan<\/a><\/td>\n<td>Takanori Tanaka\n                            <\/td>\n<td>December 2011<\/td>\n<\/tr>\n<tr>\n<td>11-34<\/td>\n<td><a href=\"..\/dp\/1134.pdf\" target=\"_blank\" rel=\"noopener\">ID\u4ed8POS\u30c7\u30fc\u30bf\u3092\u7528\u3044\u305f\u60f3\u8d77\uff0f\u8003\u616e\u96c6\u5408\u306e\u63a8\u6e2c<\/a><\/td>\n<td>\u30a6\u30a3\u30e9\u30ef\u30f3\u30fb\u30c9\u30cb\u30fb\u30c0\u30cf\u30ca, \u4e2d\u5cf6\u671b\n                            <\/td>\n<td>December 2011<\/td>\n<\/tr>\n<tr>\n<td>10-13-Rev.<\/td>\n<td><a href=\"..\/dp\/1013R.pdf\" target=\"_blank\" rel=\"noopener\">Can the health insurance reforms stop an increase in medical expenditures for middle- and old-aged persons in Japan?<\/a><br \/>\n                            <\/p>\n<div><b>* Revised\uff1a<\/b>Can the Health Insurance Reforms stop an increase in medical costs of middle- and old-aged persons in Japan? [10-13, 2010]<\/div>\n<\/td>\n<td>Tamie Matsuura, Masaru Sasaki\n                            <\/td>\n<td>December 2011<\/td>\n<\/tr>\n<tr>\n<td>11-33<\/td>\n<td><a href=\"..\/dp\/1133.pdf\" target=\"_blank\" rel=\"noopener\">A Political Economy Theory of Government Debt and Social Security<\/a><\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                            <\/td>\n<td>November 2011<\/td>\n<\/tr>\n<tr>\n<td>11-32<\/td>\n<td>Marital Status and Derived Pension Rights:<br \/>\n                            A Political Economy Model of Public Pensions with Borrowing Constraints\n                            <\/td>\n<td>Tetsuo Ono\n                            <\/td>\n<td>November 2011<\/td>\n<\/tr>\n<tr>\n<td>11-31<\/td>\n<td>Relationships and Growth\n                            <\/td>\n<td>Shingo Ishiguro\n                            <\/td>\n<td>November 2011<\/td>\n<\/tr>\n<tr>\n<td>11-30<\/td>\n<td><a href=\"..\/dp\/1130.pdf\" target=\"_blank\" rel=\"noopener\">Fair Contracts<br \/>\n                            <\/a><\/td>\n<td>Shingo Ishiguro\n                            <\/td>\n<td>November 2011<\/td>\n<\/tr>\n<tr>\n<td>11-29<\/td>\n<td><a href=\"..\/dp\/1129.pdf\" target=\"_blank\" rel=\"noopener\">Investment timing with fixed and proportional costs of external financing<br \/>\n                            <\/a><\/td>\n<td>Michi Nishihara, Takashi Shibata\n                            <\/td>\n<td>November 2011<\/td>\n<\/tr>\n<tr>\n<td>11-28<\/td>\n<td><a href=\"..\/dp\/1128.pdf\" target=\"_blank\" rel=\"noopener\">\u682a\u5f0f\u5206\u5272\u30d0\u30d6\u30eb\u3068\u30e9\u30a4\u30d6\u30c9\u30a2\u30fb\u30b7\u30e7\u30c3\u30af<br \/>\n                            <\/a><\/td>\n<td>\u9ad8\u962a\u52c7\u6bc5\n                            <\/td>\n<td>October 2011<\/td>\n<\/tr>\n<tr>\n<td>11-27<\/td>\n<td>1919-1929\u5e74\u306b\u304a\u3051\u308b\u5317\u90e8\u30a4\u30bf\u30ea\u30a2\u7d79\u7e54\u7269\u696d\u306e\u8f38\u51fa\u62e1\u5927\n                            <\/td>\n<td>\u65e5\u91ce\u771f\u7d00\u5b50\n                            <\/td>\n<td>September 2011<\/td>\n<\/tr>\n<tr>\n<td>09-13-Rev.<\/td>\n<td><a href=\"..\/dp\/0913R.pdf\" target=\"_blank\" rel=\"noopener\">Market Diffusion with Consumer-Based Bilateral Learning<\/a><br \/>\n                            <\/p>\n<div><b>* Revised\uff1a<\/b> [09-13, 2009]<\/div>\n<\/td>\n<td>Hiroshi Kitamura, Akira Miyaoka\n                            <\/td>\n<td>September 2011<\/td>\n<\/tr>\n<tr>\n<td>11-02-Rev.<\/td>\n<td>Redistributive Politics and Government Debt in a Borrowing-constrained Economy<br \/>\n                            <\/p>\n<div><b>* Revised\uff1a<\/b> [11-02, 2011]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono<\/td>\n<td>September 2011<\/td>\n<\/tr>\n<tr>\n<td>08-18-Rev.3<\/td>\n<td>A Political Economy Model of Earnings Mobility and Redistribution Policy<br \/>\n                            <\/p>\n<div><b>* Revised\uff1a<\/b> [08-18-Rev.2, 2010]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                            <\/td>\n<td>August 2011<\/td>\n<\/tr>\n<tr>\n<td>11-26<\/td>\n<td>Old-age Social Security vs. Forward Intergenerational Public Goods Provision\n                            <\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                            <\/td>\n<td>August 2011<\/td>\n<\/tr>\n<tr>\n<td>11-25<\/td>\n<td><a href=\"..\/dp\/1125.pdf\" target=\"_blank\" rel=\"noopener\">ID\u4ed8POS\u30c7\u30fc\u30bf\u3092\u7528\u3044\u305f\u8003\u616e\u96c6\u5408\u306e\u63a8\u6e2c<br \/>\n                            <\/a><\/td>\n<td>\u30a6\u30a3\u30e9\u30ef\u30f3\u30fb\u30c9\u30cb\u30fb\u30c0\u30cf\u30ca, \u4e2d\u5cf6\u671b\n                            <\/td>\n<td>August 2011<\/td>\n<\/tr>\n<tr>\n<td>11-24<\/td>\n<td><a href=\"..\/dp\/1124.pdf\" target=\"_blank\" rel=\"noopener\">The \u201cWill\u201d to Save in China<br \/>\n                            <\/a><\/td>\n<td>Ting Yin\n                            <\/td>\n<td>August 2011<\/td>\n<\/tr>\n<tr>\n<td>11-23<\/td>\n<td><a href=\"..\/dp\/1123.pdf\" target=\"_blank\" rel=\"noopener\">\u30a2\u30c3\u30d7\u30b0\u30ec\u30fc\u30c9\uff0f\u30c0\u30a6\u30f3\u30b0\u30ec\u30fc\u30c9\uff1f\u2015\u30aa\u30f3\u30e9\u30a4\u30f3\u30fb\u30b7\u30e7\u30c3\u30d4\u30f3\u30b0\u306b\u304a\u3051\u308b\u30d5\u30ec\u30fc\u30df\u30f3\u30b0\u52b9\u679c\u306b\u3064\u3044\u3066\u2015<br \/>\n                            <\/a><\/td>\n<td>\u4e2d\u5cf6\u671b\n                            <\/td>\n<td>August 2011<\/td>\n<\/tr>\n<tr>\n<td>09-15-Rev.<\/td>\n<td><a href=\"..\/dp\/0915R.pdf\" target=\"_blank\" rel=\"noopener\">Rational Consumers<br \/>\n                            <\/a><\/td>\n<td>Kohei Kubota, Mototsugu Fukushige\n                            <\/td>\n<td>June 2011<\/td>\n<\/tr>\n<tr>\n<td>11-22<\/td>\n<td><a href=\"..\/dp\/1122.pdf\" target=\"_blank\" rel=\"noopener\">\u80b2\u5150\u652f\u63f4\u306f\u5b50\u3069\u3082\u6570\u3092\u5897\u3084\u3059\u304b\uff1f\u975e\u81ea\u767a\u7684\u5931\u696d\u3092\u7279\u306b\u8003\u616e\u3057\u305f\u30a2\u30d7\u30ed\u30fc\u30c1<br \/>\n                            <\/a><\/td>\n<td>\u6c60\u7530\u4eae\u4e00\n                            <\/td>\n<td>June 2011<\/td>\n<\/tr>\n<tr>\n<td>11-21<\/td>\n<td><a href=\"..\/dp\/1121.pdf\" target=\"_blank\" rel=\"noopener\">Efficiency of skill training for acquiring sector-specific skills with search frictions<br \/>\n                            <\/a><\/td>\n<td>Keisuke Kawata\n                            <\/td>\n<td>May 2011<\/td>\n<\/tr>\n<tr>\n<td>11-20<\/td>\n<td><a href=\"..\/dp\/1120.pdf\" target=\"_blank\" rel=\"noopener\">Welfare Analysis of Free Entry in a Dynamic General Equilibrium Model<br \/>\n                            <\/a><\/td>\n<td>Koichi Futagami, Tatsuro Iwaisako, Makoto Okamura\n                            <\/td>\n<td>May 2011<\/td>\n<\/tr>\n<tr>\n<td>11-19<\/td>\n<td><a href=\"..\/dp\/1119.pdf\" target=\"_blank\" rel=\"noopener\">Cost Efficiency and Scale Economies of Japanese Water Utilities<br \/>\n                            <\/a><\/td>\n<td>Theara Horn, Hitoshi Saito\n                            <\/td>\n<td>May 2011<\/td>\n<\/tr>\n<tr>\n<td>11-18<\/td>\n<td><a href=\"..\/dp\/1118.pdf\" target=\"_blank\" rel=\"noopener\">\u91d1\u878d\u5371\u6a5f\u3068\u65e5\u672c\u306e\u91cf\u7684\u7de9\u548c\u653f\u7b56<br \/>\n                            <\/a><\/td>\n<td>\u672c\u591a\u4f51\u4e09, \u7acb\u82b1\u5b9f\n                            <\/td>\n<td>May 2011<\/td>\n<\/tr>\n<tr>\n<td>11-17<\/td>\n<td><a href=\"..\/dp\/1117.pdf\" target=\"_blank\" rel=\"noopener\">Tariff Policy and Transport Costs under Reciprocal Dumping<br \/>\n                            <\/a><\/td>\n<td>Jun Oshiro\n                            <\/td>\n<td>May 2011<\/td>\n<\/tr>\n<tr>\n<td>11-16<\/td>\n<td><a href=\"..\/dp\/1116.pdf\" target=\"_blank\" rel=\"noopener\">Trade costs, wage difference, and endogenous growth<br \/>\n                            <\/a><\/td>\n<td>Akinori Tanaka, Kazuhiro Yamamoto\n                            <\/td>\n<td>May 2011<\/td>\n<\/tr>\n<tr>\n<td>11-15<\/td>\n<td><a href=\"..\/dp\/1115.pdf\" target=\"_blank\" rel=\"noopener\">\u7fa9\u52d9\u6559\u80b2\u8cbb\u306b\u95a2\u3059\u308b\u76f8\u4e92\u53c2\u7167\u884c\u52d5<br \/>\n                            <\/a><\/td>\n<td>\u9f4a\u85e4\u4ec1\n                            <\/td>\n<td>May 2011<\/td>\n<\/tr>\n<tr>\n<td>11-14<\/td>\n<td><a href=\"..\/dp\/1114.pdf\" target=\"_blank\" rel=\"noopener\">The Comeback of the Swiss Watch Industry on the World Market:<br \/>\n                            A Business History of the Swatch Group (1983-2010)<br \/>\n                            <\/a><\/td>\n<td>Pierre-Yves DONZ\u00c9\n                            <\/td>\n<td>April 2011<\/td>\n<\/tr>\n<tr>\n<td>11-13<\/td>\n<td><a href=\"..\/dp\/1113.pdf\" target=\"_blank\" rel=\"noopener\">\u65e5\u672c\u306b\u304a\u3051\u308b\u5316\u77f3\u71c3\u6599\u3068\u7d4c\u6e08\u6210\u9577\u306e\u56e0\u679c\u6027\u5206\u6790\uff0d\u591a\u5909\u6570\u30a2\u30d7\u30ed\u30fc\u30c1\u306b\u57fa\u3065\u3044\u3066<br \/>\n                            <\/a><\/td>\n<td>\u77f3\u7530\u8449\u6708<\/td>\n<td>April 2011<\/td>\n<\/tr>\n<tr>\n<td>11-12<\/td>\n<td><a href=\"..\/dp\/1112.pdf\" target=\"_blank\" rel=\"noopener\">Design of a Social Security System: Pension System vs. Unemployment Insurance<br \/>\n                            <\/a><\/td>\n<td>Yusuke Kinai<\/td>\n<td>March 2011<\/td>\n<\/tr>\n<tr>\n<td>11-11<\/td>\n<td><a href=\"..\/dp\/1111.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Degree of Commitment in a Tax Policy<br \/>\n                            <\/a><\/td>\n<td>Yusuke Kinai<\/td>\n<td>March 2011<\/td>\n<\/tr>\n<tr>\n<td>11-10<\/td>\n<td><a href=\"..\/dp\/1110.pdf\" target=\"_blank\" rel=\"noopener\">Solution Concept for Intergenerational Conflict: the Role of Intergenerational Bargaining<br \/>\n                            <\/a><\/td>\n<td>Yusuke Kinai<\/td>\n<td>March 2011<\/td>\n<\/tr>\n<tr>\n<td>11-09<\/td>\n<td><a href=\"..\/dp\/1109.pdf\" target=\"_blank\" rel=\"noopener\">Real Options Valuation of Abandoned Farmland<br \/>\n                            <\/a><\/td>\n<td>Michi Nishihara<\/td>\n<td>March 2011<\/td>\n<\/tr>\n<tr>\n<td>09-24-Rev.<\/td>\n<td><a href=\"..\/dp\/0924R.pdf\" target=\"_blank\" rel=\"noopener\">A Welfare Analysis of Global Patent Protection in a Model with Endogenous Innovation and Foreign Direct Investment<\/a><br \/>\n                            <\/p>\n<div><b>* Revised\uff1a<\/b>  [09-24, 2009]<\/div>\n<\/td>\n<td>Tatsuro Iwaisako, Hitoshi Tanaka, Koichi Futagami\n                            <\/td>\n<td>March 2011<\/td>\n<\/tr>\n<tr>\n<td>10-29-Rev.<\/td>\n<td><a href=\"..\/dp\/1029R.pdf\" target=\"_blank\" rel=\"noopener\">\u91d1\u878d\u5371\u6a5f\u3068\u65e5\u4e2d\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff1a\u65e5\u7c73\u4e2d\u682a\u5f0f\u5e02\u5834\u306e\u6bd4\u8f03\u5206\u6790<\/a><br \/>\n                            <\/p>\n<div><b>* Revised\uff1a<\/b>  [10-29, 2010]<\/div>\n<\/td>\n<td>\u897f\u6751\u53cb\u4f5c, \u7b52\u4e95\u7fa9\u90ce, \u5e73\u5c71\u5065\u4e8c\u90ce<\/td>\n<td>March 2011<\/td>\n<\/tr>\n<tr>\n<td>11-08<\/td>\n<td><a href=\"..\/dp\/1108.pdf\" target=\"_blank\" rel=\"noopener\">Welfare Effects of Access to Water Service in Cambodia<br \/>\n                            <\/a><\/td>\n<td>Theara Horn<\/td>\n<td>February 2011<\/td>\n<\/tr>\n<tr>\n<td>11-07<\/td>\n<td>Measuring Search Frictions Using Japanese Microdata\n                            <\/td>\n<td>Masaru Sasaki, Miki Kohara, Tomohiro Machikita<\/td>\n<td>February 2011<\/td>\n<\/tr>\n<tr>\n<td>11-06<\/td>\n<td>An Experimental Test of a Collective Search Model\n                            <\/td>\n<td>Yoichi Hizen, Keisuke Kawata, Masaru Sasaki<\/td>\n<td>February 2011<\/td>\n<\/tr>\n<tr>\n<td>11-05<\/td>\n<td><a href=\"..\/dp\/1105.pdf\" target=\"_blank\" rel=\"noopener\">An Experimental Test of a Search Model under Knightian Uncertainty<br \/>\n                            <\/a><\/td>\n<td>Takao Asano, Hiroko Okudaira, Masaru Sasaki<\/td>\n<td>February 2011<\/td>\n<\/tr>\n<tr>\n<td>11-04<\/td>\n<td>Free Entry, Market Diffusion, and Social Inefficiency with Endogenously Growing Demand\n                            <\/td>\n<td>Hiroshi Kitamura, Akira Miyaoka, Misato Sato<\/td>\n<td>February 2011<\/td>\n<\/tr>\n<tr>\n<td>10-23-Rev.<\/td>\n<td><a href=\"..\/dp\/1023R.pdf\" target=\"_blank\" rel=\"noopener\">Economic and Behavioral Factors in an Individual&#8217;s Decision to Take the Influenza Vaccination in Japan<\/a><br \/>\n                            <\/p>\n<div><b>* Revised\uff1a<\/b>Economic and Behavioral Factors in an Individual&#8217;s Decision to Get an Influenza Vaccination in Japan [10-23, 2010]<\/div>\n<\/td>\n<td>Yoshiro Tsutsui, Uri Benzion, Shosh Shahrabani\n                            <\/td>\n<td>February 2011<\/td>\n<\/tr>\n<tr>\n<td>11-03<\/td>\n<td><a href=\"..\/dp\/1103.pdf\" target=\"_blank\" rel=\"noopener\">On-the-job search in urban areas<br \/>\n                            <\/a><\/td>\n<td>Keisuke Kawata, Yasuhiro Sato<\/td>\n<td>February 2011<\/td>\n<\/tr>\n<tr>\n<td>08-33-Rev.<\/td>\n<td><a href=\"..\/dp\/0833R.pdf\" target=\"_blank\" rel=\"noopener\">Reluctance to Lend and Its Spatial Differences in Japan&#8217;s Lost Decade: What Can We Learn from It?<\/a><br \/>\n                            <\/p>\n<div><b>* Revised\uff1a<\/b>Credit Crunch: A Lesson from the Japanese Case [08-33, 2008]<\/div>\n<\/td>\n<td>Daisuke Ishikawa, Yoshiro Tsutsui\n                            <\/td>\n<td>January 2011<\/td>\n<\/tr>\n<tr>\n<td>11-02<\/td>\n<td>Redistributive Politics and Government Debt in a Borrowing-constrained Economy\n                            <\/td>\n<td>Ryo Arawatari, Tetsuo Ono<\/td>\n<td>January 2011<\/td>\n<\/tr>\n<tr>\n<td>11-01<\/td>\n<td>Climate and Individual Well-being\n                            <\/td>\n<td>Yoshiro Tsutsui<\/td>\n<td>January 2011<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2010\" class=\"infoSubTitle\">2010\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>10-29<\/td>\n<td>\u91d1\u878d\u5371\u6a5f\u3068\u65e5\u4e2d\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff1a\u65e5\u7c73\u4e2d\u682a\u5f0f\u5e02\u5834\u306e\u6bd4\u8f03\u5206\u6790\n                              <\/td>\n<td>\u897f\u6751\u53cb\u4f5c, \u7b52\u4e95\u7fa9\u90ce, \u5e73\u5c71\u5065\u4e8c\u90ce<\/td>\n<td>December 2010<\/td>\n<\/tr>\n<tr>\n<td>10-28<\/td>\n<td><a href=\"..\/dp\/1028.pdf\" target=\"_blank\" rel=\"noopener\">Trading volume and serial correlation in stock returns: a threshold regression approach<\/p>\n<p>                              <\/a><\/td>\n<td>Shoko Morimoto, Mototsugu Shintani\n                              <\/td>\n<td>December 2010<\/td>\n<\/tr>\n<tr>\n<td>10-27<\/td>\n<td><a href=\"..\/dp\/1027.pdf\" target=\"_blank\" rel=\"noopener\">The effects of costly exploration on optimal investment timing<br \/>\n                              <\/a><\/td>\n<td>Michi Nishihara, Takashi Shibata\n                              <\/td>\n<td>November 2010<\/td>\n<\/tr>\n<tr>\n<td>10-26<\/td>\n<td><a href=\"..\/dp\/1026.pdf\" target=\"_blank\" rel=\"noopener\">A Non-Unitary Discount Rate Model<br \/>\n                              <\/a><\/td>\n<td>Koichi Futagami, Takeo Hori\n                              <\/td>\n<td>October 2010<\/td>\n<\/tr>\n<tr>\n<td>10-25<\/td>\n<td><a href=\"..\/dp\/1025.pdf\" target=\"_blank\" rel=\"noopener\">Technology transfer with requisitioned material from Germany: The impact of \u201cPB reports\u201d on Japanese postwar technological development<br \/>\n                              <\/a><\/td>\n<td>Yuki Nakajima\n                              <\/td>\n<td>October 2010<\/td>\n<\/tr>\n<tr>\n<td>10-24<\/td>\n<td><a href=\"..\/dp\/1024.pdf\" target=\"_blank\" rel=\"noopener\">\u9752\u68ee\u6797\u6a8e\u306e\u751f\u7523\u3068\u6d41\u901a\uff1a\u5357\u6d25\u8efd\u90e1\u7af9\u9928\u7523\u696d\u7d44\u5408\u306e\u53d6\u7d44\u307f\uff0c1870\u5e74\u4ee3\uff5e1920\u5e74\u4ee3<br \/>\n                              <\/a><\/td>\n<td>\u767d\u4e95\u6cc9\n                              <\/td>\n<td>September 2010<\/td>\n<\/tr>\n<tr>\n<td>08-18-Rev.2<\/td>\n<td>A Political Economy Model of Earnings Mobility and Redistribution Policy<br \/>\n                              <\/p>\n<div><b>* Revised\uff1a<\/b>The Political Economy of Occupational Mobility and Redistribution Policy [08-18-Rev., 2009]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                              <\/td>\n<td>September 2010<\/td>\n<\/tr>\n<tr>\n<td>10-04-Rev.<\/td>\n<td><a href=\"..\/dp\/1004R.pdf\" target=\"_blank\" rel=\"noopener\">Retirement and Social Security: A Political Economy Perspective<\/a><br \/>\n                              <\/p>\n<div><b>* Revised\uff1a<\/b>  [10-04, 2010]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                              <\/td>\n<td>September 2010<\/td>\n<\/tr>\n<tr>\n<td>10-23<\/td>\n<td>Economic and Behavioral Factors in an Individual&#8217;s Decision to Get an Influenza Vaccination in Japan\n                              <\/td>\n<td>Yoshiro Tsutsui, Uri Benzion, Shosh Shahrabani\n                              <\/td>\n<td>August 2010<\/td>\n<\/tr>\n<tr>\n<td>09-38-Rev.<\/td>\n<td><a href=\"..\/dp\/0938R.pdf\" target=\"_blank\" rel=\"noopener\">The Political Economy of Social Security and Public Goods Provision in a Borrowing-constrained Economy<\/a><br \/>\n                              <\/p>\n<div><b>* Revised\uff1a<\/b>  [09-38, 2009]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                              <\/td>\n<td>August 2010<\/td>\n<\/tr>\n<tr>\n<td>10-22<\/td>\n<td><a href=\"..\/dp\/1022.pdf\" target=\"_blank\" rel=\"noopener\">Environmental discounting in a small open economy with a renewable resource<br \/>\n                              <\/a><\/td>\n<td>Koichi Futagami, Yasuhiro Nakamoto\n                              <\/td>\n<td>July 2010<\/td>\n<\/tr>\n<tr>\n<td>10-21<\/td>\n<td>Dynamic analysis of a renewable resource in a small open economy: The role of environmental policies<br \/>\n                              for the environment\n                              <\/td>\n<td>Koichi Futagami, Yasuhiro Nakamoto\n                              <\/td>\n<td>July 2010<\/td>\n<\/tr>\n<tr>\n<td>10-20<\/td>\n<td><a href=\"..\/dp\/1020.pdf\" target=\"_blank\" rel=\"noopener\">Expenditure Efficiency and the Optimal Size of Government in Developing Countries<br \/>\n                              <\/a><\/td>\n<td>Yogi Rahmayanti, Theara Horn\n                              <\/td>\n<td>July 2010<\/td>\n<\/tr>\n<tr>\n<td>10-19<\/td>\n<td><a href=\"..\/dp\/1019.pdf\" target=\"_blank\" rel=\"noopener\">Evaluating the occurrence and disappearance of real options<br \/>\n                              <\/a><\/td>\n<td>Michi Nishihara\n                              <\/td>\n<td>July 2010<\/td>\n<\/tr>\n<tr>\n<td>10-18<\/td>\n<td><a href=\"..\/dp\/1018.pdf\" target=\"_blank\" rel=\"noopener\">Who gains from capital market integration: Tax competition between unionized and non-unionized countries<br \/>\n                              <\/a><\/td>\n<td>Hikaru Ogawa, Yasuhiro Sato, Toshiki Tamai\n                              <\/td>\n<td>June 2010<\/td>\n<\/tr>\n<tr>\n<td>10-17<\/td>\n<td><a href=\"..\/dp\/1017.pdf\" target=\"_blank\" rel=\"noopener\">Technological advantage and market loss: Siemens and the X-ray machine business in Japan (1900-1960)<br \/>\n                              <\/a><\/td>\n<td>Pierre-Yves DONZ\u00c9\n                              <\/td>\n<td>June 2010<\/td>\n<\/tr>\n<tr>\n<td>10-16<\/td>\n<td>Can technological progress in renewable energy sustain an age of cheap energy?<br \/>\n                              <!--<br \/>\n                              (subsequently published in <I><a href=\"http:\/\/www.lifescienceglobal.com\/journals\/journal-of-technology-innovations-in-renewable-energy\" target=\"_brank\" rel=\"noopener\">Journal of Technology Innovations in Renewable Energy<\/a><\/I>, vol.2, no.3, 2013.) -->\n                              <\/td>\n<td>Hazuki Ishida\n                              <\/td>\n<td>May 2010<\/td>\n<\/tr>\n<tr>\n<td>10-15<\/td>\n<td><a href=\"..\/dp\/1015.pdf\" target=\"_blank\" rel=\"noopener\">\u516c\u7acb\u5c0f\u5b66\u6821\u6559\u80b2\u306e\u975e\u52b9\u7387\u3068\u8981\u56e0\u5206\u6790<br \/>\n                              <\/a><\/td>\n<td>\u9f4a\u85e4\u4ec1\n                              <\/td>\n<td>April 2010<\/td>\n<\/tr>\n<tr>\n<td>10-14<\/td>\n<td><a href=\"..\/dp\/1014.pdf\" target=\"_blank\" rel=\"noopener\">Unemployment and Workplace Safety in a Search and Matching Model<br \/>\n                              <\/a><\/td>\n<td>Masaru Sasaki\n                              <\/td>\n<td>April 2010<\/td>\n<\/tr>\n<tr>\n<td>10-13<\/td>\n<td>Can the Health Insurance Reforms stop an increase in medical costs of middle- and old-aged persons in Japan?\n                              <\/td>\n<td>Tamie Matsuura, Masaru Sasaki\n                              <\/td>\n<td>April 2010<\/td>\n<\/tr>\n<tr>\n<td>10-12<\/td>\n<td><a href=\"..\/dp\/1012.pdf\" target=\"_blank\" rel=\"noopener\">A model for determining whether a firm should exercise multiple real options individually or simultaneously<br \/>\n                              <\/a><\/td>\n<td>Michi Nishihara\n                              <\/td>\n<td>April 2010<\/td>\n<\/tr>\n<tr>\n<td>10-11<\/td>\n<td><a href=\"..\/dp\/1011.pdf\" target=\"_blank\" rel=\"noopener\">The Change of Nationality in Top Executives of Foreign Affiliates: A Study of North American, European and Asian MNCs in Japan<br \/>\n                              <\/a><\/td>\n<td>Tomoki Sekiguchi, Sachiko Yamao\n                              <\/td>\n<td>March 2010<\/td>\n<\/tr>\n<tr>\n<td>10-10<\/td>\n<td><a href=\"..\/dp\/1010.pdf\" target=\"_blank\" rel=\"noopener\">Career Development of College Students through Part-Time Work: The Role of Leader-Member Exchange and Taking Charge Behavior<br \/>\n                              <\/a><\/td>\n<td>Tomoki Sekiguchi\n                              <\/td>\n<td>March 2010<\/td>\n<\/tr>\n<tr>\n<td>10-09<\/td>\n<td><a href=\"..\/dp\/1009.pdf\" target=\"_blank\" rel=\"noopener\">\u8fd1\u4e16\u671f\u306b\u304a\u3051\u308b\u5c71\u4e2d\u5175\u53f3\u885b\u9580\u5bb6\u5fa1\u6bbf\u5834\u9152\u5e97\u306e\u7d4c\u55b6<br \/>\n                              <\/a><\/td>\n<td>\u9234\u6728\u6566\u5b50\n                              <\/td>\n<td>March 2010<\/td>\n<\/tr>\n<tr>\n<td>10-08<\/td>\n<td><a href=\"..\/dp\/1008.pdf\" target=\"_blank\" rel=\"noopener\">\u5e74\u91d1\u3068\u4fdd\u967a\uff1a\u4fdd\u967a\u7406\u8ad6\u306e\u89b3\u70b9\u304b\u3089\u898b\u305f\u516c\u7684\u5e74\u91d1\u306e\u3042\u308a\u65b9<br \/>\n                              <\/a><\/td>\n<td>\u5c71\u7530\u96c5\u4fca\n                              <\/td>\n<td>March 2010<\/td>\n<\/tr>\n<tr>\n<td>10-07<\/td>\n<td><a href=\"..\/dp\/1007.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Public Utility Pricing: A Further Reconsideration<br \/>\n                              <\/a><\/td>\n<td>Masatoshi Yamada\n                              <\/td>\n<td>March 2010<\/td>\n<\/tr>\n<tr>\n<td>09-22-Rev.<\/td>\n<td><a href=\"..\/dp\/0922R.pdf\" target=\"_blank\" rel=\"noopener\">Does Trade Credit Provides Favorable Information to Banks? Evidence from Japan<\/a><br \/>\n                              <\/p>\n<div><b>* Revised\uff1a<\/b>  [09-22, 2009]<\/div>\n<\/td>\n<td>Takanori Tanaka\n                              <\/td>\n<td>February 2010<\/td>\n<\/tr>\n<tr>\n<td>10-06<\/td>\n<td><a href=\"..\/dp\/1006.pdf\" target=\"_blank\" rel=\"noopener\">The Chinese Economy and Income Inequality among East Asian Countries<br \/>\n                              <\/a><\/td>\n<td>Sumie Sato, Mototsugu Fukushige\n                              <\/td>\n<td>February 2010<\/td>\n<\/tr>\n<tr>\n<td>07-29-Rev.3<\/td>\n<td><a href=\"..\/dp\/0729R3.pdf\" target=\"_blank\" rel=\"noopener\">Variety expansion and fertility rates<\/a><br \/>\n                              <\/p>\n<div><b>* Revised\uff1a<\/b> [07-29-Rev2., 2008]<\/div>\n<\/td>\n<td>Akiko Maruyama, Kazuhiro Yamamoto\n                              <\/td>\n<td>February 2010<\/td>\n<\/tr>\n<tr>\n<td>10-05<\/td>\n<td><a href=\"..\/dp\/1005.pdf\" target=\"_blank\" rel=\"noopener\">\u80b2\u5150\u652f\u63f4\u3068\u975e\u81ea\u767a\u7684\u5931\u696d<br \/>\n                              <\/a><\/td>\n<td>\u6c60\u7530\u4eae\u4e00\n                              <\/td>\n<td>February 2010<\/td>\n<\/tr>\n<tr>\n<td>09-12-Rev.<\/td>\n<td><a href=\"..\/dp\/0912R.pdf\" target=\"_blank\" rel=\"noopener\">Inequality, Mobility and Redistributive Politics<\/a><br \/>\n                              <\/p>\n<div><b>* Revised\uff1a<\/b>  [09-12, 2009]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                              <\/td>\n<td>February 2010<\/td>\n<\/tr>\n<tr>\n<td>10-04<\/td>\n<td>Retirement and Social Security: A Political Economy Perspective\n                              <\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                              <\/td>\n<td>February 2010<\/td>\n<\/tr>\n<tr>\n<td>10-03<\/td>\n<td><a href=\"..\/dp\/1003.pdf\" target=\"_blank\" rel=\"noopener\">Public Capital, Public Pension, and Growth<br \/>\n                              <\/a><\/td>\n<td>Noritaka Maebayashi\n                              <\/td>\n<td>January 2010<\/td>\n<\/tr>\n<tr>\n<td>10-02<\/td>\n<td><a href=\"..\/dp\/1002.pdf\" target=\"_blank\" rel=\"noopener\">Coordination Behavior and Optimal Committee Size<br \/>\n                              <\/a><\/td>\n<td>Keiichi Morimoto\n                              <\/td>\n<td>January 2010<\/td>\n<\/tr>\n<tr>\n<td>10-01<\/td>\n<td><a href=\"..\/dp\/1001.pdf\" target=\"_blank\" rel=\"noopener\">Endogenous Choice on Tax Instruments in a Tax Competition Model: Unit Tax versus Ad Valorem Tax<br \/>\n                              <\/a><\/td>\n<td>Nobuo Akai, Hikaru Ogawa, Yoshitomo Ogawa\n                              <\/td>\n<td>January 2010<\/td>\n<\/tr>\n<tr>\n<td>09-32-Rev.<\/td>\n<td><a href=\"..\/dp\/0932R.pdf\" target=\"_blank\" rel=\"noopener\">\u9752\u68ee\u6797\u6a8e\u306e\u751f\u7523\u3068\u6d41\u901a\u2015\u5357\u6d25\u8efd\u90e1\u7af9\u9928\u7523\u696d\u7d44\u5408\uff0c1907\u5e74\uff5e1920\u5e74\u4ee3\u524d\u534a\u306e\u4e8b\u4f8b<\/a><br \/>\n                              <\/p>\n<div><b>* Revised\uff1a<\/b> \u9752\u68ee\u770c\u5357\u6d25\u8efd\u90e1\u7af9\u8218\u6797\u6a8e\u751f\u7523\u8cfc\u8cb7\u8ca9\u58f2\u4fe1\u7528\u7d44\u5408\u306e\u8ca9\u58f2\u4e8b\u696d\uff1a\u7d44\u5408\u30fb\u7d44\u5408\u54e1\u30fb\u6307\u5b9a\u554f\u5c4b\u306e\u5354\u529b\u95a2\u4fc2\u306e\u69cb\u7bc9\uff0c1907\u5e74\uff5e1910\u5e74\u4ee3\u3092\u4e2d\u5fc3\u306b [09-32, 2009]<\/div>\n<\/td>\n<td>\u767d\u4e95\u6cc9\n                              <\/td>\n<td>January 2010<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"2009\" class=\"infoSubTitle\">2009\u5e74-2000\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>09-41<\/td>\n<td><a href=\"..\/dp\/0941.pdf\" target=\"_blank\" rel=\"noopener\">Financial Structure and Social Coalitional Equilibrium<br \/>\n                                <\/a><\/td>\n<td>\u6d66\u4e95\u61b2, \u5409\u753a\u662d\u5f66, \u6a2a\u7530\u8015\u7950\n                                <\/td>\n<td>December 2009<\/td>\n<\/tr>\n<tr>\n<td>09-36-Rev.<\/td>\n<td><a href=\"..\/dp\/0936R.pdf\" target=\"_blank\" rel=\"noopener\">Optimal Structure of Monetary Policy Committees<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [09-36, 2009]<\/div>\n<\/td>\n<td>Keiichi Morimoto\n                                <\/td>\n<td>December 2009<\/td>\n<\/tr>\n<tr>\n<td>09-40<\/td>\n<td>Incorporating water purification in efficiency evaluation: Evidence from Japanese water utilities<br \/>\n                                (<i><a href=\"https:\/\/doi.org\/10.1080\/13504851.2011.564119\" target=\"_brank\" rel=\"noopener\">Applied Economics Letters<\/a>,<\/i> forthcoming)\n                                <\/td>\n<td>Theara Horn\n                                <\/td>\n<td>December 2009<\/td>\n<\/tr>\n<tr>\n<td>09-39<\/td>\n<td><a href=\"..\/dp\/0939.pdf\" target=\"_blank\" rel=\"noopener\">Bias-Corrected Realized Variance under Dependent Microstructure Noise<br \/>\n                                <\/a><\/td>\n<td>Kosuke Oya\n                                <\/td>\n<td>December 2009<\/td>\n<\/tr>\n<tr>\n<td>09-38<\/td>\n<td>The Political Economy of Social Security and Public Goods Provision in a Borrowing-constrained Economy\n                                <\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                                <\/td>\n<td>November 2009<\/td>\n<\/tr>\n<tr>\n<td>09-37<\/td>\n<td><a href=\"..\/dp\/0937.pdf\" target=\"_blank\" rel=\"noopener\">Changing Worker&#8217;s States and Inefficient Decisions on Turnover<br \/>\n                                <\/a><\/td>\n<td>Keisuke Kawata\n                                <\/td>\n<td>November 2009<\/td>\n<\/tr>\n<tr>\n<td>09-18-Rev.<\/td>\n<td><a href=\"..\/dp\/0918R.pdf\" target=\"_blank\" rel=\"noopener\">A model of urban demography<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [09-18, 2009]<\/div>\n<\/td>\n<td>Hiroshi Aiura, Yasuhiro Sato\n                                <\/td>\n<td>November 2009<\/td>\n<\/tr>\n<tr>\n<td>09-36<\/td>\n<td>Optimal Structure of Monetary Policy Committees\n                                <\/td>\n<td>Keiichi Morimoto\n                                <\/td>\n<td>October 2009<\/td>\n<\/tr>\n<tr>\n<td>09-35<\/td>\n<td><a href=\"..\/dp\/0935.pdf\" target=\"_blank\" rel=\"noopener\">Are Chinese Stock Investors Watching Tokyo? An Analysis of Intraday High-Frequency Data from Two Chinese Stock Markets and the Tokyo Stock<br \/>\n                                Market<br \/>\n                                <\/a><\/td>\n<td>Kenjiro Hirayama, Yoshiro Tsutsui\n                                <\/td>\n<td>October 2009<\/td>\n<\/tr>\n<tr>\n<td>09-34<\/td>\n<td><a href=\"..\/dp\/0934.pdf\" target=\"_blank\" rel=\"noopener\">Does Pre-trade Transparency Affect Market Quality in the Tokyo Stock Exchange?<br \/>\n                                <\/a><\/td>\n<td>Hideaki Sakawa, Masato Ubukata\n                                <\/td>\n<td>October 2009<\/td>\n<\/tr>\n<tr>\n<td>09-33<\/td>\n<td><a href=\"..\/dp\/0933.pdf\" target=\"_blank\" rel=\"noopener\">Asset markets can achieve efficiency in the directed search framework<br \/>\n                                <\/a><\/td>\n<td>Shoko Morimoto\n                                <\/td>\n<td>September 2009<\/td>\n<\/tr>\n<tr>\n<td>09-32<\/td>\n<td>\u9752\u68ee\u770c\u5357\u6d25\u8efd\u90e1\u7af9\u8218\u6797\u6a8e\u751f\u7523\u8cfc\u8cb7\u8ca9\u58f2\u4fe1\u7528\u7d44\u5408\u306e\u8ca9\u58f2\u4e8b\u696d\uff1a\u7d44\u5408\u30fb\u7d44\u5408\u54e1\u30fb\u6307\u5b9a\u554f\u5c4b\u306e\u5354\u529b\u95a2\u4fc2\u306e\u69cb\u7bc9\uff0c1907\u5e74\uff5e1910\u5e74\u4ee3\u3092\u4e2d\u5fc3\u306b\n                                <\/td>\n<td>\u767d\u4e95\u6cc9\n                                <\/td>\n<td>September 2009<\/td>\n<\/tr>\n<tr>\n<td>09-31<\/td>\n<td><a href=\"..\/dp\/0931.pdf\" target=\"_blank\" rel=\"noopener\">Hybrid or Electric Vehicles? A Real Options Perspective<br \/>\n                                <\/a><\/td>\n<td>Michi Nishihara\n                                <\/td>\n<td>September 2009<\/td>\n<\/tr>\n<tr>\n<td>09-30<\/td>\n<td><a href=\"..\/dp\/0930.pdf\" target=\"_blank\" rel=\"noopener\">Large-scale portfolios using realized covariance matrix: evidence from the Japanese stock market<br \/>\n                                <\/a><\/td>\n<td>Masato Ubukata\n                                <\/td>\n<td>September 2009<\/td>\n<\/tr>\n<tr>\n<td>09-29<\/td>\n<td><a href=\"..\/dp\/0929.pdf\" target=\"_blank\" rel=\"noopener\">IT\u7d4c\u55b6\u529b\u306fIT\u6295\u8cc7\u306e\u52b9\u679c\u3092\u9ad8\u3081\u308b\u306e\u304b\uff1f\u2015\u4f01\u696d\u30a2\u30f3\u30b1\u30fc\u30c8\u8abf\u67fb\u30c7\u30fc\u30bf\u306b\u57fa\u3065\u304f\u5206\u6790\u2015<br \/>\n                                <\/a><\/td>\n<td>\u5e03\u65bd\u5321\u7ae0, \u7530\u4e2d\u5b5d\u61b2\n                                <\/td>\n<td>September 2009<\/td>\n<\/tr>\n<tr>\n<td>09-28<\/td>\n<td><a href=\"..\/dp\/0928.pdf\" target=\"_blank\" rel=\"noopener\">Inequality, Mobility and Redistributive Taxation in a Finance-constrained Economy<br \/>\n                                <\/a><\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                                <\/td>\n<td>September 2009<\/td>\n<\/tr>\n<tr>\n<td>09-27<\/td>\n<td><a href=\"..\/dp\/0927.pdf\" target=\"_blank\" rel=\"noopener\">Revisiting the unemployment controversy: Pigou&#8217;s viewpoint<br \/>\n                                <\/a><\/td>\n<td>Norikazu Takami\n                                <\/td>\n<td>August 2009<\/td>\n<\/tr>\n<tr>\n<td>09-26<\/td>\n<td><a href=\"..\/dp\/0926.pdf\" target=\"_blank\" rel=\"noopener\">Parent-Child Co-residence and Bequest Motives in China<br \/>\n                                <\/a><\/td>\n<td>Ting Yin\n                                <\/td>\n<td>August 2009<\/td>\n<\/tr>\n<tr>\n<td>09-25<\/td>\n<td><a href=\"..\/dp\/0925.pdf\" target=\"_blank\" rel=\"noopener\">\u516c\u7684\u4fdd\u967a\u6a5f\u95a2\u306e\u653f\u7b56\u8a55\u4fa1\u2015\u8cc7\u91d1\u5faa\u74b0\u5206\u6790\u306b\u3088\u308b\u63a5\u8fd1\u2015<br \/>\n                                <\/a><\/td>\n<td>\u771f\u934b\u96c5\u53f2\n                                <\/td>\n<td>August 2009<\/td>\n<\/tr>\n<tr>\n<td>09-24<\/td>\n<td>A Welfare Analysis of Global Patent Protection in a Model with Endogenous Innovation and Foreign Direct Investment\n                                <\/td>\n<td>Hitoshi Tanaka, Tatsuro Iwaisako, Koichi Futagami\n                                <\/td>\n<td>August 2009<\/td>\n<\/tr>\n<tr>\n<td>09-23<\/td>\n<td><a href=\"..\/dp\/0923.pdf\" target=\"_blank\" rel=\"noopener\">Habit Formation, Interest-Rate Control and Equilibrium Determinacy<br \/>\n                                <\/a><\/td>\n<td>Seiya Fujisaki\n                                <\/td>\n<td>August 2009<\/td>\n<\/tr>\n<tr>\n<td>09-22<\/td>\n<td>Does Trade Credit Provides Favorable Information to Banks? Evidence from Japan\n                                <\/td>\n<td>Takanori Tanaka\n                                <\/td>\n<td>July 2009<\/td>\n<\/tr>\n<tr>\n<td>09-21<\/td>\n<td><a href=\"..\/dp\/0921.pdf\" target=\"_blank\" rel=\"noopener\">Technological Progress and Population Growth: Do we have too few children?<br \/>\n                                <\/a><\/td>\n<td>Koichi Futagami, Takeo Hori\n                                <\/td>\n<td>July 2009<\/td>\n<\/tr>\n<tr>\n<td>09-20<\/td>\n<td><a href=\"..\/dp\/0920.pdf\" target=\"_blank\" rel=\"noopener\">ETF \u5c0e\u5165\u306f\u65e5\u7d4c225 \u73fe\u5148\u9593\u306e\u88c1\u5b9a\u53d6\u5f15\u3092\u6d3b\u767a\u306b\u3055\u305b\u305f\u304b\uff1f<br \/>\n                                <\/a><\/td>\n<td>\u9ad8\u962a\u52c7\u6bc5\n                                <\/td>\n<td>July 2009<\/td>\n<\/tr>\n<tr>\n<td>09-19<\/td>\n<td><a href=\"..\/dp\/0919.pdf\" target=\"_blank\" rel=\"noopener\">\u53cc\u66f2\u5272\u5f15\u3068\u6d88\u8cbb\u884c\u52d5\u2015\u30a2\u30f3\u30b1\u30fc\u30c8\u30c7\u30fc\u30bf\u3092\u7528\u3044\u305f\u5b9f\u8a3c\u5206\u6790\u2015<br \/>\n                                <\/a><\/td>\n<td>\u76db\u672c\u6676\u5b50\n                                <\/td>\n<td>July 2009<\/td>\n<\/tr>\n<tr>\n<td>09-18<\/td>\n<td>A model of urban demography\n                                <\/td>\n<td>Hiroshi Aiura, Yasuhiro Sato\n                                <\/td>\n<td>June 2009<\/td>\n<\/tr>\n<tr>\n<td>09-17<\/td>\n<td><a href=\"..\/dp\/0917.pdf\" target=\"_blank\" rel=\"noopener\">Decision to get influenza vaccination: A behavioral economic approach<br \/>\n                                <\/a><\/td>\n<td>Yoshiro Tsutsui, Uri Benzion, Shosh Shahrabani, Gregory Yom Din\n                                <\/td>\n<td>June 2009<\/td>\n<\/tr>\n<tr>\n<td>09-16<\/td>\n<td><a href=\"..\/dp\/0916.pdf\" target=\"_blank\" rel=\"noopener\">Preemptive Investment Game with Alternative Projects<br \/>\n                                <\/a><\/td>\n<td>Michi Nishihara\n                                <\/td>\n<td>June 2009<\/td>\n<\/tr>\n<tr>\n<td>09-15<\/td>\n<td>Rational consumers\n                                <\/td>\n<td>Kohei Kubota, Mototsugu Fukushige\n                                <\/td>\n<td>May 2009<\/td>\n<\/tr>\n<tr>\n<td>09-14<\/td>\n<td><a href=\"..\/dp\/0914.pdf\" target=\"_blank\" rel=\"noopener\">\u9752\u68ee\u770c\u306b\u304a\u3051\u308b\u8fb2\u696d\u306e\u767a\u5c55\u3068\u8fb2\u5bb6\u7d4c\u6e08\u306e\u5b89\u5b9a\uff1a\u7a32\u4f5c\u751f\u7523\u6027\u306e\u5411\u4e0a\u3068\u5546\u54c1\u4f5c\u7269\u30ea\u30f3\u30b4\u306e\u5b9a\u7740\uff0c1870\u5e74\u4ee3\uff5e1930\u5e74\u4ee3<br \/>\n                                <\/a><\/td>\n<td>\u767d\u4e95\u6cc9\n                                <\/td>\n<td>May 2009<\/td>\n<\/tr>\n<tr>\n<td>09-13<\/td>\n<td>Market Diffusion with Consumer-Based Bilateral Learning\n                                <\/td>\n<td>Hiroshi Kitamura\n                                <\/td>\n<td>May 2009<\/td>\n<\/tr>\n<tr>\n<td>09-12<\/td>\n<td>Inequality, Mobility and Redistributive Politics\n                                <\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                                <\/td>\n<td>April 2009<\/td>\n<\/tr>\n<tr>\n<td>08-18-Rev.<\/td>\n<td>The Political Economy of Occupational Mobility and Redistribution Policy<br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>The Political Economy of Earnings Mobility and Redistribution Policy [08-18, 2008]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                                <\/td>\n<td>April 2009<\/td>\n<\/tr>\n<tr>\n<td>09-11<\/td>\n<td><a href=\"..\/dp\/0911.pdf\" target=\"_blank\" rel=\"noopener\">Systematized and Path-independent Measurement of Biased Technical Change<br \/>\n                                <\/a><\/td>\n<td>Tsunehiro Otsuki\n                                <\/td>\n<td>April 2009<\/td>\n<\/tr>\n<tr>\n<td>09-10<\/td>\n<td><a href=\"..\/dp\/0910.pdf\" target=\"_blank\" rel=\"noopener\">Managerial Entrenchment and Corporate Bond Financing: Evidence from Japan<br \/>\n                                <\/a><\/td>\n<td>Takanori Tanaka\n                                <\/td>\n<td>March 2009<\/td>\n<\/tr>\n<tr>\n<td>09-09<\/td>\n<td><a href=\"..\/dp\/0909.pdf\" target=\"_blank\" rel=\"noopener\">Velocity and Monetary Expansion in a Growing Economy with Interest-Rate Control<br \/>\n                                <\/a><\/td>\n<td>Seiya Fujisaki\n                                <\/td>\n<td>March 2009<\/td>\n<\/tr>\n<tr>\n<td>09-04-Rev.<\/td>\n<td><a href=\"..\/dp\/0904R.pdf\" target=\"_blank\" rel=\"noopener\">Exit and Voice in a Marriage Market<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [09-04, 2009]<\/div>\n<\/td>\n<td>Akiko Maruyama, Takashi Shimizu, Kazuhiro Yamamoto\n                                <\/td>\n<td>March 2009<\/td>\n<\/tr>\n<tr>\n<td>09-08<\/td>\n<td><a href=\"..\/dp\/0908.pdf\" target=\"_blank\" rel=\"noopener\">\u57fa\u790e\u5e74\u91d1\u306e\u7a0e\u65b9\u5f0f\u5316\u306b\u3064\u3044\u3066\u306e\u518d\u691c\u8a0e\uff0d\u52b4\u50cd\u7d44\u5408\u8cc3\u91d1\u4ea4\u6e09\u30e2\u30c7\u30eb\u306b\u3088\u308b\u5206\u6790\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u6c60\u7530\u4eae\u4e00\n                                <\/td>\n<td>February 2009<\/td>\n<\/tr>\n<tr>\n<td>09-07<\/td>\n<td><a href=\"..\/dp\/0907.pdf\" target=\"_blank\" rel=\"noopener\">Market Size and Entrepreneurship<br \/>\n                                <\/a><\/td>\n<td>Yasuhiro Sato, Takatoshi Tabuchi, Kazuhiro Yamamoto\n                                <\/td>\n<td>February 2009<\/td>\n<\/tr>\n<tr>\n<td>09-06<\/td>\n<td><a href=\"..\/dp\/0906.pdf\" target=\"_blank\" rel=\"noopener\">Endogenous Policy Announcement and Accountability for Inflation Target<br \/>\n                                <\/a><\/td>\n<td>Keiichi Morimoto\n                                <\/td>\n<td>February 2009<\/td>\n<\/tr>\n<tr>\n<td>09-05<\/td>\n<td><a href=\"..\/dp\/0905.pdf\" target=\"_blank\" rel=\"noopener\">Inflation Inertia and Optimal Delegation of Monetary Policy<br \/>\n                                <\/a><\/td>\n<td>Keiichi Morimoto\n                                <\/td>\n<td>February 2009<\/td>\n<\/tr>\n<tr>\n<td>09-04<\/td>\n<td>Exit and Voice in a Marriage Market\n                                <\/td>\n<td>Akiko Maruyama, Takashi Shimizu, Kazuhiro Yamamoto\n                                <\/td>\n<td>February 2009<\/td>\n<\/tr>\n<tr>\n<td>09-03<\/td>\n<td><a href=\"..\/dp\/0903.pdf\" target=\"_blank\" rel=\"noopener\">What decreases the TFP? The aging labor and ICT imbalance<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi, Pekka Ilmakunnas\n                                <\/td>\n<td>February 2009<\/td>\n<\/tr>\n<tr>\n<td>09-02<\/td>\n<td><a href=\"..\/dp\/0902.pdf\" target=\"_blank\" rel=\"noopener\">Managerial Entrenchment, Banker Distribution, and Corporate Governance: Evidence from Japan<br \/>\n                                <\/a><\/td>\n<td>Takanori Tanaka\n                                <\/td>\n<td>January 2009<\/td>\n<\/tr>\n<tr>\n<td>09-01<\/td>\n<td><a href=\"..\/dp\/0901.pdf\" target=\"_blank\" rel=\"noopener\">Financial Integration and Aggregate Stability<br \/>\n                                <\/a><\/td>\n<td>Yunfang Hu, Kazuo Mino\n                                <\/td>\n<td>January 2009<\/td>\n<\/tr>\n<tr>\n<td>08-39<\/td>\n<td><a href=\"..\/dp\/0839.pdf\" target=\"_blank\" rel=\"noopener\">Exclusionary Vertical Contracts with Multiple Entrants<br \/>\n                                <\/a><\/td>\n<td>Hiroshi Kitamura\n                                <\/td>\n<td>December 2008<\/td>\n<\/tr>\n<tr>\n<td>08-38<\/td>\n<td><a href=\"..\/dp\/0838.pdf\" target=\"_blank\" rel=\"noopener\">A Planner of Global Income Transfers: International Public Goods and Productivity Differentials<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi\n                                <\/td>\n<td>December 2008<\/td>\n<\/tr>\n<tr>\n<td>08-37<\/td>\n<td><a href=\"..\/dp\/0837.pdf\" target=\"_blank\" rel=\"noopener\">Note on the Determinants of Wage Dispersion<br \/>\n                                <\/a><\/td>\n<td>Yosuke Oda\n                                <\/td>\n<td>December 2008<\/td>\n<\/tr>\n<tr>\n<td>08-36<\/td>\n<td><a href=\"..\/dp\/0836.pdf\" target=\"_blank\" rel=\"noopener\">The Sigmoidal Investment Function<br \/>\n                                <\/a><\/td>\n<td>Yuzo Honda, Kazuyuki Suzuki\n                                <\/td>\n<td>November 2008<\/td>\n<\/tr>\n<tr>\n<td>08-35<\/td>\n<td><a href=\"..\/dp\/0835.pdf\" target=\"_blank\" rel=\"noopener\">Trade and mergers in the presence of firm heterogeneity<br \/>\n                                <\/a><\/td>\n<td>Noriaki Matsushima, Yasuhiro Sato, Kazuhiro Yamamoto\n                                <\/td>\n<td>November 2008<\/td>\n<\/tr>\n<tr>\n<td>08-34<\/td>\n<td><a href=\"..\/dp\/0834.pdf\" target=\"_blank\" rel=\"noopener\">Does Broader-Based Local Government affect Expenditure on Public Long-Term Care Insurance? The Case of Japan<br \/>\n                                <\/a><\/td>\n<td>Haruaki Hirota, Hideo Yunoue\n                                <\/td>\n<td>September 2008<\/td>\n<\/tr>\n<tr>\n<td>08-33<\/td>\n<td>Credit Crunch: A Lesson from the Japanese Case\n                                <\/td>\n<td>Daisuke Ishikawa, Yoshiro Tsutsui\n                                <\/td>\n<td>September 2008<\/td>\n<\/tr>\n<tr>\n<td>08-32<\/td>\n<td><a href=\"..\/dp\/0832.pdf\" target=\"_blank\" rel=\"noopener\">How Fast Do Tokyo and New York Stock Exchanges Respond to Each Other?: An Analysis with High-Frequency Data<br \/>\n                                <\/a><\/td>\n<td>Yoshiro Tsutsui, Kenjiro Hirayama\n                                <\/td>\n<td>September 2008<\/td>\n<\/tr>\n<tr>\n<td>08-31<\/td>\n<td><a href=\"..\/dp\/0831.pdf\" target=\"_blank\" rel=\"noopener\">Ecological dumping under foreign investment quotas<br \/>\n                                <\/a><\/td>\n<td>Yasuyuki Sugiyama, Muneyuki Saito\n                                <\/td>\n<td>September 2008<\/td>\n<\/tr>\n<tr>\n<td>08-30<\/td>\n<td><a href=\"..\/dp\/0830.pdf\" target=\"_blank\" rel=\"noopener\">Consumption Externalities and Equilibrium Dynamics with Heterogenous Agents<br \/>\n                                <\/a><\/td>\n<td>Kazuo Mino, Yasuhiro Nakamoto\n                                <\/td>\n<td>September 2008<\/td>\n<\/tr>\n<tr>\n<td>08-29<\/td>\n<td><a href=\"..\/dp\/0829.pdf\" target=\"_blank\" rel=\"noopener\">\u5e78\u798f\u5ea6\u3067\u6e2c\u3063\u305f\u5730\u57df\u9593\u683c\u5dee<\/a><\/td>\n<td>\u5c71\u6839\u667a\u6c99\u5b50, \u5c71\u6839\u627f\u5b50, \u7b52\u4e95\u7fa9\u90ce\n                                <\/td>\n<td>August 2008<\/td>\n<\/tr>\n<tr>\n<td>08-28<\/td>\n<td><a href=\"..\/dp\/0828.pdf\" target=\"_blank\" rel=\"noopener\">\u30c8\u30e9\u30f3\u30b8\u30b9\u30bf\u30e9\u30b8\u30aa\u8f38\u51fa\u306e\u5c55\u958b\uff0d\u7523\u696d\u5f62\u6210\u671f\u306b\u304a\u3051\u308b\u4e2d\u5c0f\u96f6\u7d30\u4f01\u696d\u306e\u5c55\u958b\u3092\u4e2d\u5fc3\u306b\uff0d<\/p>\n<p>                                <\/a><\/td>\n<td>\u4e2d\u5cf6\u88d5\u559c\n                                <\/td>\n<td>July 2008<\/td>\n<\/tr>\n<tr>\n<td>08-04-Rev.<\/td>\n<td><a href=\"..\/dp\/0804R.pdf\" target=\"_blank\" rel=\"noopener\">A Second Chance at Success: A Political Economy Perspective<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [08-04, 2008]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono<\/td>\n<td>July 2008<\/td>\n<\/tr>\n<tr>\n<td>08-27<\/td>\n<td><a href=\"..\/dp\/0827.pdf\" target=\"_blank\" rel=\"noopener\">A Dynamic Model of Conflict and Cooperation<br \/>\n                                <\/a><\/td>\n<td>Wolfgang Eggert, Jun-ichi Itaya, Kazuo Mino\n                                <\/td>\n<td>July 2008<\/td>\n<\/tr>\n<tr>\n<td>08-26<\/td>\n<td><a href=\"..\/dp\/0826.pdf\" target=\"_blank\" rel=\"noopener\">\u6d88\u8cbb\u8005\u91d1\u878d\u696d\u306e\u7af6\u4e89\u5ea6<br \/>\n                                <\/a><\/td>\n<td>\u7aaa\u7530\u5eb7\u5e73, \u7b52\u4e95\u7fa9\u90ce\n                                <\/td>\n<td>June 2008<\/td>\n<\/tr>\n<tr>\n<td>08-25<\/td>\n<td><a href=\"..\/dp\/0825.pdf\" target=\"_blank\" rel=\"noopener\">Self-selection and Earnings of Migrants: Evidence from Rural China<br \/>\n                                <\/a><\/td>\n<td>Zheren WU\n                                <\/td>\n<td>June 2008<\/td>\n<\/tr>\n<tr>\n<td>08-24<\/td>\n<td><a href=\"..\/dp\/0824.pdf\" target=\"_blank\" rel=\"noopener\">Relative Income Positions and Labor Migration: A Panel Study Based on a Rural Household Survey in China<br \/>\n                                <\/a><\/td>\n<td>Zheren WU\n                                <\/td>\n<td>June 2008<\/td>\n<\/tr>\n<tr>\n<td>07-29-Rev.2<\/td>\n<td>Variety expansion and fertility rates<br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b> Variety expansion and fertility rate [07-29-Rev., 2008]<\/div>\n<\/td>\n<td>Akiko Maruyama, Kazuhiro Yamamoto\n                                <\/td>\n<td>June 2008<\/td>\n<\/tr>\n<tr>\n<td>08-23<\/td>\n<td><a href=\"..\/dp\/0823.pdf\" target=\"_blank\" rel=\"noopener\">\u30d0\u30fc\u30df\u30f3\u30ac\u30e0\u30fb\u30a2\u30bb\u30a4\u30aa\u30d5\u30a3\u30b9(\u8cb4\u91d1\u5c5e\u5206\u6790\u6240)\u306e\u8a2d\u7acb\u3068\u88c5\u98fe\u9280\u88fd\u54c1\u306e\u88fd\u9020<br \/>\n                                <\/a><\/td>\n<td>\u5ca1\u90e8\u82b3\u5f66\n                                <\/td>\n<td>May 2008<\/td>\n<\/tr>\n<tr>\n<td>08-22<\/td>\n<td><a href=\"..\/dp\/0822.pdf\" target=\"_blank\" rel=\"noopener\">Progressive Taxation, Wealth Distribution, and Macroeconomic Stability<br \/>\n                                <\/a><\/td>\n<td>Kazuo Mino, Yasuhiro Nakamoto\n                                <\/td>\n<td>May 2008<\/td>\n<\/tr>\n<tr>\n<td>08-21<\/td>\n<td><a href=\"..\/dp\/0821.pdf\" target=\"_blank\" rel=\"noopener\">Equilibrium Determinacy of Endogenous Growth with Generalized Taylor Rule:<br \/>\n                                A Discrete-Time Analysis<br \/>\n                                <\/a><\/td>\n<td>Seiya Fujisaki\n                                <\/td>\n<td>April 2008<\/td>\n<\/tr>\n<tr>\n<td>08-20<\/td>\n<td><a href=\"..\/dp\/0820.pdf\" target=\"_blank\" rel=\"noopener\">Income Taxation, Interest-Rate Control and Macroeconomic Stability with Balanced-Budget<br \/>\n                                <\/a><\/td>\n<td>Seiya Fujisaki, Kazuo Mino\n                                <\/td>\n<td>April 2008<\/td>\n<\/tr>\n<tr>\n<td>08-19<\/td>\n<td><a href=\"..\/dp\/0819.pdf\" target=\"_blank\" rel=\"noopener\">Aging, Inequality and Social Security<br \/>\n                                <\/a><\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                                <\/td>\n<td>April 2008<\/td>\n<\/tr>\n<tr>\n<td>08-18<\/td>\n<td>The Political Economy of Occupational Mobility and Redistribution Policy\n                                <\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                                <\/td>\n<td>April 2008<\/td>\n<\/tr>\n<tr>\n<td>08-17<\/td>\n<td><a href=\"..\/dp\/0817.pdf\" target=\"_blank\" rel=\"noopener\">Strategy-Proof and Anonymous Rule in Queueing Problems: A Relationship between Equity and Efficiency<br \/>\n                                <\/a><\/td>\n<td>Kazuhiko Hashimoto, Hiroki Saitoh\n                                <\/td>\n<td>April 2008<\/td>\n<\/tr>\n<tr>\n<td>08-16<\/td>\n<td><a href=\"..\/dp\/0816.pdf\" target=\"_blank\" rel=\"noopener\">Estimation of Substitution Elasticities for CGE models<br \/>\n                                <\/a><\/td>\n<td>Azusa Okagawa, Kanemi Ban\n                                <\/td>\n<td>April 2008<\/td>\n<\/tr>\n<tr>\n<td>08-15<\/td>\n<td><a href=\"..\/dp\/0815.pdf\" target=\"_blank\" rel=\"noopener\">Self-Esteem and Justice Orientation as Moderators for Individual- and Group-Level Justice Effects<br \/>\n                                <\/a><\/td>\n<td>Tomoki Sekiguchi, Yoichiro Hayashi<\/td>\n<td>April 2008<\/td>\n<\/tr>\n<tr>\n<td>08-14<\/td>\n<td><a href=\"..\/dp\/0814.pdf\" target=\"_blank\" rel=\"noopener\">Speed of the price and efficiency of the concession the treaty port market in Japan\u2019s industrialization<br \/>\n                                <\/a><\/td>\n<td>Masaki Nakabayashi<\/td>\n<td>March 2008<\/td>\n<\/tr>\n<tr>\n<td>08-13<\/td>\n<td><a href=\"..\/dp\/0813.pdf\" target=\"_blank\" rel=\"noopener\">Peasant economy in the \u2018debate on Japanese capitalism\u2019:                                   Tenancy contract facing the \u2018Turning point\u2019<br \/>\n                                <\/a><\/td>\n<td>Masaki Nakabayashi<\/td>\n<td>March 2008<\/td>\n<\/tr>\n<tr>\n<td>08-12<\/td>\n<td><a href=\"..\/dp\/0812.pdf\" target=\"_blank\" rel=\"noopener\">Rise of the Japanese fiscal state<br \/>\n                                <\/a><\/td>\n<td>Masaki Nakabayashi\n                                <\/td>\n<td>March 2008<\/td>\n<\/tr>\n<tr>\n<td>07-03-Rev.2<\/td>\n<td><a href=\"..\/dp\/0703R2.pdf\" target=\"_blank\" rel=\"noopener\">A Test for Dependence and Covariance Estimator of Market Microstructure Noise<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b> Test of Unbiasedness of the Integrated Covariance Estimation in the Presence of Noise [07-03-Rev., 2007 ]<\/div>\n<\/td>\n<td>Masato Ubukata, Kosuke Oya\n                                <\/td>\n<td>March 2008<\/td>\n<\/tr>\n<tr>\n<td>08-11<\/td>\n<td><a href=\"..\/dp\/0811.pdf\" target=\"_blank\" rel=\"noopener\">Seigniorage Revenue or Consumer Revenue? Theoretical and Empirical Evidences<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi\n                                <\/td>\n<td>March 2008<\/td>\n<\/tr>\n<tr>\n<td>08-10<\/td>\n<td><a href=\"..\/dp\/0810.pdf\" target=\"_blank\" rel=\"noopener\">Job Satisfaction and Happiness: New Evidence from Japanese Union Workers<br \/>\n                                <\/a><\/td>\n<td>Adrian de la Garza, Atsushi Sannabe, Katsunori Yamada\n                                <\/td>\n<td>March 2008<\/td>\n<\/tr>\n<tr>\n<td>08-09<\/td>\n<td><a href=\"..\/dp\/0809.pdf\" target=\"_blank\" rel=\"noopener\">Alteration in Skills and Career-Enhancing in a Frictional Labor Mark<br \/>\n                                <\/a><\/td>\n<td>Yosuke Oda<\/td>\n<td>March 2008<\/td>\n<\/tr>\n<tr>\n<td>07-44-Rev.<\/td>\n<td><a href=\"..\/dp\/0744R.pdf\" target=\"_blank\" rel=\"noopener\">\u8fd1\u4e16\u65e5\u672c\u7c73\u5e02\u5834\u306e\u5236\u5ea6\u7684\u57fa\u790e\uff0d\u53d6\u5f15\u7d71\u6cbb\u6a5f\u69cb\u3092\u4e2d\u5fc3\u3068\u3057\u3066\uff0d<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [07-44, 2007]<\/div>\n<\/td>\n<td>\u9ad8\u69fb\u6cf0\u90ce<\/td>\n<td>February 2008<\/td>\n<\/tr>\n<tr>\n<td>08-08<\/td>\n<td><a href=\"..\/dp\/0808.pdf\" target=\"_blank\" rel=\"noopener\">The Economic Costs of Court Decisions Concerning Dismissals in Japan: Identification by Judge Transfers<br \/>\n                                <\/a><\/td>\n<td>Hiroko Okudaira<\/td>\n<td>February 2008<\/td>\n<\/tr>\n<tr>\n<td>08-07<\/td>\n<td>How Many Times did Structural Changes in the Relationship between<br \/>\n                                the Term Spread and Future Real Economic Activity Occur in Japan?\n                                <\/td>\n<td>Hiroshi Nakaota, Yuichi Fukuta<\/td>\n<td>February 2008<\/td>\n<\/tr>\n<tr>\n<td>08-06<\/td>\n<td>What is the Cause of the Predictive Power of the Term Spread?\n                                <\/td>\n<td>Hiroshi Nakaota<\/td>\n<td>February 2008<\/td>\n<\/tr>\n<tr>\n<td>08-05<\/td>\n<td><a href=\"..\/dp\/0805.pdf\" target=\"_blank\" rel=\"noopener\">Preference Structure and Volatility in a Financially Integrated World<br \/>\n                                <\/a><\/td>\n<td>Kazuo Mino<\/td>\n<td>February 2008<\/td>\n<\/tr>\n<tr>\n<td>07-29-Rev.<\/td>\n<td>Variety expansion and fertility rate<br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [07-29, 2007]<\/div>\n<\/td>\n<td>Akiko Maruyama, Kazuhiro Yamamoto<\/td>\n<td>January 2008<\/td>\n<\/tr>\n<tr>\n<td>08-04<\/td>\n<td>A Second Chance at Success: A Political Economy Perspective\n                                <\/td>\n<td>Ryo Arawatari, Tetsuo Ono<\/td>\n<td>January 2008<\/td>\n<\/tr>\n<tr>\n<td>08-03<\/td>\n<td><a href=\"..\/dp\/0803.pdf\" target=\"_blank\" rel=\"noopener\">Supply Chain Coordination Model with Retailer&#8217;s Risk Attitudes<br \/>\n                                <\/a><\/td>\n<td>Huy Chhaing<\/td>\n<td>January 2008<\/td>\n<\/tr>\n<tr>\n<td>08-02<\/td>\n<td><a href=\"..\/dp\/0802.pdf\" target=\"_blank\" rel=\"noopener\">Merchants, institutions and the market: changes in the salt trade in early colonial Bengal<br \/>\n                                <\/a><\/td>\n<td>Sayako Kanda<\/td>\n<td>January 2008<\/td>\n<\/tr>\n<tr>\n<td>08-01<\/td>\n<td><a href=\"..\/dp\/0801.pdf\" target=\"_blank\" rel=\"noopener\">\u5916\u90e8\u4e0d\u7d4c\u6e08\u8ab2\u7a0e\u306b\u95a2\u3059\u308bDouble-dividend\u4eee\u8aac\u518d\u8003<br \/>\n                                <\/a><\/td>\n<td>\u89d2\u91ce\u6d69, \u5c71\u7530\u96c5\u4fca<\/td>\n<td>January 2008<\/td>\n<\/tr>\n<tr>\n<td>07-47<\/td>\n<td><a href=\"..\/dp\/0747.pdf\" target=\"_blank\" rel=\"noopener\">\u90fd\u9053\u5e9c\u770c\u5225\u884c\u653f\u6295\u8cc7\u306e\u5c06\u6765\u63a8\u8a08\uff0d\u793e\u4f1a\u8cc7\u672c\u30b9\u30c8\u30c3\u30af\u306e\u7dad\u6301\u3092\u76ee\u7684\u3068\u3057\u305f\u30b7\u30df\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u5206\u6790\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u6a3a\u514b\u88d5<\/td>\n<td>December 2007<\/td>\n<\/tr>\n<tr>\n<td>07-46<\/td>\n<td><a href=\"..\/dp\/0746.pdf\" target=\"_blank\" rel=\"noopener\">Utility Indifference Pricing in an Incomplete Market Model with Incomplete Information<br \/>\n                                <\/a><\/td>\n<td>Kazuhiro Takino<\/td>\n<td>December 2007<\/td>\n<\/tr>\n<tr>\n<td>07-19-Rev.<\/td>\n<td><a href=\"..\/dp\/0719R.pdf\" target=\"_blank\" rel=\"noopener\">\u8fd1\u4e16\u5e02\u5834\u6a5f\u69cb\u306e\u5f62\u6210\u904e\u7a0b\uff0d\u5802\u5cf6\u7c73\u4f1a\u6240\u306b\u304a\u3051\u308b\u7c73\u4fa1\u5f62\u6210\u306e\u52b9\u7387\u6027\uff0d<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [07-19, 2007]<\/div>\n<\/td>\n<td>\u9ad8\u69fb\u6cf0\u90ce\n                                <\/td>\n<td>December 2007<\/td>\n<\/tr>\n<tr>\n<td>07-45<\/td>\n<td><a href=\"..\/dp\/0745.pdf\" target=\"_blank\" rel=\"noopener\">Valuation of Japanese Corporations during the 1980s: evidence from an accounting dataset<br \/>\n                                <\/a><\/td>\n<td>Hiroki Arato, Katsunori Yamada<\/td>\n<td>December 2007<\/td>\n<\/tr>\n<tr>\n<td>07-44<\/td>\n<td>\u8fd1\u4e16\u65e5\u672c\u7c73\u5e02\u5834\u306e\u5236\u5ea6\u7684\u57fa\u790e\uff0d\u53d6\u5f15\u7d71\u6cbb\u6a5f\u69cb\u3092\u4e2d\u5fc3\u3068\u3057\u3066\uff0d\n                                <\/td>\n<td>\u9ad8\u69fb\u6cf0\u90ce<\/td>\n<td>December 2007<\/td>\n<\/tr>\n<tr>\n<td>07-43<\/td>\n<td><a href=\"..\/dp\/0743.pdf\" target=\"_blank\" rel=\"noopener\">Globalization and Economic Inequality in the Short and Long Run:<br \/>\n                                The Case of South Korea 1975-1995<br \/>\n                                <\/a><\/td>\n<td>Sumie Sato, Mototsugu Fukushige<\/td>\n<td>November 2007<\/td>\n<\/tr>\n<tr>\n<td>07-32-Rev.<\/td>\n<td><a href=\"..\/dp\/0732R.pdf\" target=\"_blank\" rel=\"noopener\">Endogenous Political Instability<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [07-32, 2007]<\/div>\n<\/td>\n<td>Ryo Arawatari, Kazuo Mino<\/td>\n<td>November 2007<\/td>\n<\/tr>\n<tr>\n<td>07-31-Rev.<\/td>\n<td><a href=\"..\/dp\/0731R.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic Political Economy of Redistribution Policy:<br \/>\n                                The Role of Education Costs<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>Markov Perfect Political Equilibria with Public Policy:<br \/>\n                                The Role of Education Cost [07-31, 2007]<\/div>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                                <\/td>\n<td>November 2007<\/td>\n<\/tr>\n<tr>\n<td>07-42<\/td>\n<td><a href=\"..\/dp\/0742.pdf\" target=\"_blank\" rel=\"noopener\">\u30ea\u30d4\u30fc\u30bf\u30fc\u89b3\u5149\u5ba2\u80b2\u6210\u306b\u5411\u3051\u305f\u89b3\u5149\u30d7\u30ed\u30e2\u30fc\u30b7\u30e7\u30f3\u7b56<br \/>\n                                <\/a><\/td>\n<td>\u5ca1\u6751\u85ab, \u798f\u91cd\u5143\u55e3\n                                <\/td>\n<td>November 2007<\/td>\n<\/tr>\n<tr>\n<td>07-41<\/td>\n<td><a href=\"..\/dp\/0741.pdf\" target=\"_blank\" rel=\"noopener\">\u6771\u30a2\u30b8\u30a2\u306b\u304a\u3051\u308b\u81ea\u7531\u8cbf\u6613\u5354\u5b9a\u3068\u95a2\u897f\u5730\u57df\u306e\u8cbf\u6613\uff1a\u8f38\u51fa\u5165\u306e\u9023\u52d5\u30e2\u30c7\u30eb\u306b\u3088\u308b\u52b9\u679c\u4e88\u6e2c<br \/>\n                                <\/a><\/td>\n<td>\u4f50\u85e4\u7d14\u6075, \u798f\u91cd\u5143\u55e3\n                                <\/td>\n<td>October 2007<\/td>\n<\/tr>\n<tr>\n<td>07-40<\/td>\n<td><a href=\"..\/dp\/0740.pdf\" target=\"_blank\" rel=\"noopener\">\u8cc7\u672c\u5e02\u5834\u3068\u4f01\u696d\u7d71\u6cbb\uff0d\u8fd1\u4ee3\u65e5\u672c\u306e\u7dbf\u7d21\u7e3e\u4f01\u696d\u306b\u304a\u3051\u308b\u6210\u9577\u6226\u7565\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u7d50\u57ce\u6b66\u5ef6\n                                <\/td>\n<td>October 2007<\/td>\n<\/tr>\n<tr>\n<td>07-39<\/td>\n<td><a href=\"..\/dp\/0739.pdf\" target=\"_blank\" rel=\"noopener\">\u91d1\u878d\u5236\u5ea6\u6539\u9769\u671f\u306b\u304a\u3051\u308b\u5730\u65b9\u91d1\u878d\uff0d\u5c71\u53e3\u770c\u4e0a\u95a2\u753a\u306e\u8cea\u7269\u91d1\u878d\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u9ad8\u69fb\u6cf0\u90ce\n                                <\/td>\n<td>October 2007<\/td>\n<\/tr>\n<tr>\n<td>07-38<\/td>\n<td><a href=\"..\/dp\/0738.pdf\" target=\"_blank\" rel=\"noopener\">The End of Import-Led Growth? North Korean Evidence<br \/>\n                                <\/a><\/td>\n<td>Sumie Sato, Mototsugu Fukushige<\/td>\n<td>October 2007<\/td>\n<\/tr>\n<tr>\n<td>07-37<\/td>\n<td><a href=\"..\/dp\/0737.pdf\" target=\"_blank\" rel=\"noopener\">\u8cc7\u91d1\u5faa\u74b0\u3068\u30de\u30af\u30ed\u7d4c\u6e08\uff0d\u516c\u7684\u91d1\u878d\u6a5f\u95a2\u306e\u653f\u7b56\u8a55\u4fa1\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u771f\u934b\u96c5\u53f2<\/td>\n<td>October 2007<\/td>\n<\/tr>\n<tr>\n<td>07-36<\/td>\n<td><a href=\"..\/dp\/0736.pdf\" target=\"_blank\" rel=\"noopener\">\u5236\u5ea6\u90e8\u9580\u9593\u306e\u8cc7\u91d1\u5faa\u74b0\u7d71\u8a08\u306e\u63a8\u8a08<br \/>\n                                <\/a><\/td>\n<td>\u771f\u934b\u96c5\u53f2<\/td>\n<td>October 2007<\/td>\n<\/tr>\n<tr>\n<td>07-35<\/td>\n<td><a href=\"..\/dp\/0735.pdf\" target=\"_blank\" rel=\"noopener\">Employment and Hours of Work<br \/>\n                                <\/a><\/td>\n<td>Noritaka Kudoh, Masaru Sasaki<\/td>\n<td>October 2007<\/td>\n<\/tr>\n<tr>\n<td>07-34<\/td>\n<td><a href=\"..\/dp\/0734.pdf\" target=\"_blank\" rel=\"noopener\">Precautionary Demand for Labor in Search Equilibrium<br \/>\n                                <\/a><\/td>\n<td>Noritaka Kudoh, Masaru Sasaki<\/td>\n<td>October 2007<\/td>\n<\/tr>\n<tr>\n<td>07-33<\/td>\n<td><a href=\"..\/dp\/0733.pdf\" target=\"_blank\" rel=\"noopener\">Pigou\u2019s theory of business cycle as an inquiry into unemployment:<br \/>\n                                on the relative effects of the gold standard and the wage rigidity in the twenties<br \/>\n                                <\/a><\/td>\n<td>Norikazu Takami<\/td>\n<td>September 2007<\/td>\n<\/tr>\n<tr>\n<td>07-32<\/td>\n<td>Endogenous Political Instability\n                                <\/td>\n<td>Ryo Arawatari, Kazuo Mino<\/td>\n<td>August 2007<\/td>\n<\/tr>\n<tr>\n<td>07-31<\/td>\n<td>Markov Perfect Political Equilibria with Public Policy:<br \/>\n                                The Role of Education Cost<\/p>\n<\/td>\n<td>Ryo Arawatari, Tetsuo Ono\n                                <\/td>\n<td>August 2007<\/td>\n<\/tr>\n<tr>\n<td>07-30<\/td>\n<td><a href=\"..\/dp\/0730.pdf\" target=\"_blank\" rel=\"noopener\">Market Efficiency, Asymmetric Price Adjustment and Over-Evaluation:<br \/>\n                                Linking Investor Behaviors to EGARCH<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi, Yoshihiko Tsukuda, Junji Shimada\n                                <\/td>\n<td>August 2007<\/td>\n<\/tr>\n<tr>\n<td>07-29<\/td>\n<td>Variety expansion and fertility rate\n                                <\/td>\n<td>Akiko Maruyama, Kazuhiro Yamamoto\n                                <\/td>\n<td>July 2007<\/td>\n<\/tr>\n<tr>\n<td>07-28<\/td>\n<td><a href=\"..\/dp\/0728.pdf\" target=\"_blank\" rel=\"noopener\">Informatization, Voter Turnout and Income Inequality<br \/>\n                                <\/a><\/td>\n<td>Ryo Arawatari\n                                <\/td>\n<td>July 2007<\/td>\n<\/tr>\n<tr>\n<td>07-27<\/td>\n<td><a href=\"..\/dp\/0727.pdf\" target=\"_blank\" rel=\"noopener\">A Welfare Cost of the Lost Decade in Japan<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi, Masakatsu Okubo\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-26<\/td>\n<td><a href=\"..\/dp\/0726.pdf\" target=\"_blank\" rel=\"noopener\">The Dynamic Welfare Cost of Stagnation: An Alternative Measure to the Lucas-Obstfeld Model<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi, Masakatsu Okubo, Junji Shimada\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-25<\/td>\n<td><a href=\"..\/dp\/0725.pdf\" target=\"_blank\" rel=\"noopener\">The Dynamic Welfare Costs of the 1997 Asian Crisis<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi, Masakatsu Okubo, Junji Shimada\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-24<\/td>\n<td><a href=\"..\/dp\/0724.pdf\" target=\"_blank\" rel=\"noopener\">The Effects of IMF Supported-Program on the Asian Crisis<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi, Yoshihiko Tsukuda, Junji Shimada\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-23<\/td>\n<td><a href=\"..\/dp\/0723.pdf\" target=\"_blank\" rel=\"noopener\">Asymmetric International Transmission in the Conditional Mean and Volatility to the Japanese Market from the U.S.: EGARCH vs. SV Models<br \/>\n                                <\/a><\/td>\n<td>Junji Shimada, Yoshihiko Tsukuda, Tatsuyoshi Miyakoshi\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-22<\/td>\n<td><a href=\"..\/dp\/0722.pdf\" target=\"_blank\" rel=\"noopener\">Population Growth and Local Home Environment Externality in an Endogenous Growth Model with Two Engines of Growth<br \/>\n                                <\/a><\/td>\n<td>Shirou Kuwahara, Katsunori Yamada\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-21<\/td>\n<td><a href=\"..\/dp\/0721.pdf\" target=\"_blank\" rel=\"noopener\">\u8fd1\u4e16\u306b\u304a\u3051\u308b\u5e02\u5834\u9593\u9023\u52d5\uff0d\u4e2d\u592e\u5e02\u5834\u306e\u4fa1\u683c\u5f62\u6210\u3068\u6ce2\u53ca\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u9ad8\u69fb\u6cf0\u90ce\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-20<\/td>\n<td><a href=\"..\/dp\/0720.pdf\" target=\"_blank\" rel=\"noopener\">\u6226\u9593\u8a18\u65e5\u672c\u306b\u304a\u3051\u308b\u8fb2\u5bb6\u306e\u52b4\u50cd\u529b\u914d\u5206\u6226\u7565\u3068\u4e73\u5150\u6b7b\u4ea1\u304b\u3089\u307f\u305f\u6bcd\u80ce\u30fb\u6bcd\u4f53\u3092\u53d6\u308a\u5dfb\u304f\u751f\u6d3b\u74b0\u5883\uff1a1910\uff5e1930\u5e74\u4ee3\u3001\u6771\u5317\u8fb2\u6751<br \/>\n                                <\/a><\/td>\n<td>\u767d\u4e95\u6cc9\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-19<\/td>\n<td>\u8fd1\u4e16\u5e02\u5834\u6a5f\u69cb\u306e\u5f62\u6210\u904e\u7a0b\uff0d\u5802\u5cf6\u7c73\u4f1a\u6240\u306b\u304a\u3051\u308b\u7c73\u4fa1\u5f62\u6210\u306e\u52b9\u7387\u6027\uff0d\n                                <\/td>\n<td>\u9ad8\u69fb\u6cf0\u90ce\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>07-18<\/td>\n<td><a href=\"..\/dp\/0718.pdf\" target=\"_blank\" rel=\"noopener\">\u9280\u884c\u5408\u4f75\u306e\u52d5\u6a5f\u3068\u305d\u306e\u52b9\u679c<br \/>\n                                <\/a><\/td>\n<td>\u5ca1\u7530\u591a\u60e0\n                                <\/td>\n<td>June 2007<\/td>\n<\/tr>\n<tr>\n<td>06-28-Rev.2<\/td>\n<td><a href=\"..\/dp\/0628R2.pdf\" target=\"_blank\" rel=\"noopener\">The formation of the efficient market in Tokugawa Japan<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [06-28Rev., 2006]<\/div>\n<\/td>\n<td>Yasuo Takatsuki<\/td>\n<td>May 2007<\/td>\n<\/tr>\n<tr>\n<td>07-17<\/td>\n<td><a href=\"..\/dp\/0717.pdf\" target=\"_blank\" rel=\"noopener\">Public Expenditure Composition and Economic Growth: Optimal Adjustment by Using Gradient Method<br \/>\n                                <\/a><\/td>\n<td>Tatsuyoshi Miyakoshi, Yoshihiko Tsukuda, Tatsuhito Kono, Makoto Koyanagi,\n                                <\/td>\n<td>May 2007<\/td>\n<\/tr>\n<tr>\n<td>06-28-Rev.<\/td>\n<td>The formation of the efficient market in Tokugawa Japan<br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [06-28, 2006]<\/div>\n<\/td>\n<td>Yasuo Takatsuki<\/td>\n<td>May 2007<\/td>\n<\/tr>\n<tr>\n<td>07-16<\/td>\n<td><a href=\"..\/dp\/0716.pdf\" target=\"_blank\" rel=\"noopener\">Collusion in Repeated Procurement Auction: a Study of Paving Market in Japan<br \/>\n                                <\/a><\/td>\n<td>Rieko Ishii\n                                <\/td>\n<td>May 2007<\/td>\n<\/tr>\n<tr>\n<td>07-15<\/td>\n<td><a href=\"..\/dp\/0715.pdf\" target=\"_blank\" rel=\"noopener\">Detecting Collusion through Exchange of Favors in Repeated Procurement Auctions<br \/>\n                                <\/a><\/td>\n<td>Rieko Ishii\n                                <\/td>\n<td>May 2007<\/td>\n<\/tr>\n<tr>\n<td>07-14<\/td>\n<td><a href=\"..\/dp\/0714.pdf\" target=\"_blank\" rel=\"noopener\">Organizational Dynamics<br \/>\n                                <\/a><\/td>\n<td>Shingo Ishiguro\n                                <\/td>\n<td>May 2007<\/td>\n<\/tr>\n<tr>\n<td>07-13<\/td>\n<td><a href=\"..\/dp\/0713.pdf\" target=\"_blank\" rel=\"noopener\">Holdup, Search and Inefficiency<br \/>\n                                <\/a><\/td>\n<td>Shingo Ishiguro\n                                <\/td>\n<td>May 2007<\/td>\n<\/tr>\n<tr>\n<td>07-12<\/td>\n<td><a href=\"..\/dp\/0712.pdf\" target=\"_blank\" rel=\"noopener\">Trade impacts on skill formation: welfare improvements accompanied by rises in inequality<br \/>\n                                <\/a><\/td>\n<td>Yasuhiro Sato, Kazuhiro Yamamoto\n                                <\/td>\n<td>April 2007<\/td>\n<\/tr>\n<tr>\n<td>07-03-Rev.<\/td>\n<td>Test of Unbiasedness of the Integrated Covariance Estimation in the Presence of Noise<br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b>  [07-03, 2007]<\/div>\n<\/td>\n<td>Masato Ubukata, Kosuke Oya\n                                <\/td>\n<td>April 2007<\/td>\n<\/tr>\n<tr>\n<td>07-11<\/td>\n<td><a href=\"..\/dp\/0711.pdf\" target=\"_blank\" rel=\"noopener\">Capacity Expansion in Markets with Intertemporal Consumption Externalities<br \/>\n                                <\/a><\/td>\n<td>Hiroshi Kitamura<\/td>\n<td>April 2007<\/td>\n<\/tr>\n<tr>\n<td>07-10<\/td>\n<td><a href=\"..\/dp\/0710.pdf\" target=\"_blank\" rel=\"noopener\">The Persistence of Differences in Productivity, Wages, Skill Mixes and Profits Between Firms<br \/>\n                                <\/a><\/td>\n<td>Katsuya Takii<\/td>\n<td>April 2007<\/td>\n<\/tr>\n<tr>\n<td>07-09<\/td>\n<td><a href=\"..\/dp\/0709.pdf\" target=\"_blank\" rel=\"noopener\">\u7d44\u7e54\u7684\u516c\u6b63\u3068\u4eba\u6750\u30de\u30cd\u30b8\u30e1\u30f3\u30c8<br \/>\n                                <\/a><\/td>\n<td>\u95a2\u53e3\u502b\u7d00, \u6797\u6d0b\u4e00\u90ce<\/td>\n<td>March 2007<\/td>\n<\/tr>\n<tr>\n<td>07-08<\/td>\n<td><a href=\"..\/dp\/0708.pdf\" target=\"_blank\" rel=\"noopener\">AN INJECTION OF BASE MONEY AT ZERO INTEREST RATES:<br \/>\n                                EMPIRICAL EVIDENCE FROM THE JAPANESE EXPERIENCE 2001-2006<br \/>\n                                <\/a><\/td>\n<td>Yuzo Honda, Yoshihiro Kuroki, Minoru Tachibana<\/td>\n<td>March 2007<\/td>\n<\/tr>\n<tr>\n<td>07-07<\/td>\n<td><a href=\"..\/dp\/0707.pdf\" target=\"_blank\" rel=\"noopener\">Growth and Bubbles with Consumption Externalities<br \/>\n                                <\/a><\/td>\n<td>Kazuo Mino<\/td>\n<td>February 2007<\/td>\n<\/tr>\n<tr>\n<td>07-06<\/td>\n<td><a href=\"..\/dp\/0706.pdf\" target=\"_blank\" rel=\"noopener\">Patent Acquisitions under Uncertainty: The Case of Requests for Examination<br \/>\n                                <\/a><\/td>\n<td>Masayo Kani<\/td>\n<td>February 2007<\/td>\n<\/tr>\n<tr>\n<td>07-05<\/td>\n<td><a href=\"..\/dp\/0705.pdf\" target=\"_blank\" rel=\"noopener\">Innovation, Licensing, and Imitation: The Effects of Intellectual Property Rights Protection and Industrial Policy<br \/>\n                                <\/a><\/td>\n<td>Koichi Futagami, Tatsuro Iwaisako, Hitoshi Tanaka<\/td>\n<td>February 2007<\/td>\n<\/tr>\n<tr>\n<td>07-04<\/td>\n<td><a href=\"..\/dp\/0704.pdf\" target=\"_blank\" rel=\"noopener\">Intergenerational Transfers of Time and Public Long-term Care with an Aging Population<\/p>\n<p>                                <\/a><\/td>\n<td>Atsue Mizushima<\/td>\n<td>February 2007<\/td>\n<\/tr>\n<tr>\n<td>07-03<\/td>\n<td>Test of Unbiasedness of the Integrated Covariance Estimation in the Presence of Noise\n                                <\/td>\n<td>Masato Ubukata, Kosuke Oya<\/td>\n<td>February 2007<\/td>\n<\/tr>\n<tr>\n<td>07-02<\/td>\n<td><a href=\"..\/dp\/0702.pdf\" target=\"_blank\" rel=\"noopener\">Risk Sharing and Growth in the Gifts Economy<\/a><\/td>\n<td>Atsue Mizushima, Keiichi Koda<\/td>\n<td>February 2007<\/td>\n<\/tr>\n<tr>\n<td>07-01<\/td>\n<td><a href=\"..\/dp\/0701.pdf\" target=\"_blank\" rel=\"noopener\">\u751f\u7523\u6027\u5730\u65b9\u672c\u90e8\u306e\u8ca1\u653f\u7684\u81ea\u7acb\uff0d\u95a2\u897f\u306e\u5834\u5408\uff0d<\/a><\/td>\n<td>\u5ca9\u7530\u61b2\u6cbb,\n                                <\/td>\n<td>January 2007<\/td>\n<\/tr>\n<tr>\n<td>06-30<\/td>\n<td><a href=\"..\/dp\/0630.pdf\" target=\"_blank\" rel=\"noopener\">Social Recognition and Economic Equilibrium<\/a><\/td>\n<td>Ken Urai<\/td>\n<td>December 2006<\/td>\n<\/tr>\n<tr>\n<td>06-29<\/td>\n<td><a href=\"..\/dp\/0629.pdf\" target=\"_blank\" rel=\"noopener\">The Relationship between Managerial Compensation and Business Performance in Japan:<br \/>\n                                New Evidence using Micro Data<\/a><\/td>\n<td>Hideaki Sakawa, Naoki Watanabel,\n                                <\/td>\n<td>November 2006<\/td>\n<\/tr>\n<tr>\n<td>06-28<\/td>\n<td>The formation of the efficient market in Tokugawa Japan<\/td>\n<td>Yasuo Takatsuki<\/td>\n<td>November 2006<\/td>\n<\/tr>\n<tr>\n<td>06-27<\/td>\n<td><a href=\"..\/dp\/0627.pdf\" target=\"_blank\" rel=\"noopener\">Equilibrium Dynamics in an Overlapping Generations Economy with Endogenous Labor Supply<\/a><\/td>\n<td>Atsue Mizushima,\n                                <\/td>\n<td>October 2006<\/td>\n<\/tr>\n<tr>\n<td>06-06-Rev.<\/td>\n<td><a href=\"..\/dp\/0606R.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic Analysis of Innovation and International Transfer of Technology through Licensing<\/a><\/p>\n<div><b>* Revised\uff1a<\/b>Dynamic Analysis of Innovation and Licensing: The Effects of Intellectual Property Rights Protection[06-06, 2006]<\/div>\n<\/td>\n<td>Hitoshi Tanaka, Tatsuro Iwaisako, Koichi Futagami\n                                <\/td>\n<td>October 2006<\/td>\n<\/tr>\n<tr>\n<td>06-26<\/td>\n<td><a href=\"..\/dp\/0626.pdf\" target=\"_blank\" rel=\"noopener\">Random Correlation Matrix and De-Noising<\/a><\/td>\n<td>Ken-ichi Mitsui, Yoshio Tabata\n                                <\/td>\n<td>September 2006<\/td>\n<\/tr>\n<tr>\n<td>06-25<\/td>\n<td><a href=\"..\/dp\/0625.pdf\" target=\"_blank\" rel=\"noopener\">The Incentive to Declare Taxes and Tax Revenue: The Lottery Receipt Experiment in China<br \/>\n                                <\/a><\/td>\n<td>Junmin Wan\n                                <\/td>\n<td>September 2006<\/td>\n<\/tr>\n<tr>\n<td>06-24<\/td>\n<td><a href=\"..\/dp\/0624.pdf\" target=\"_blank\" rel=\"noopener\">Is Cash Flow a Proxy for Financing Constraints in the Investment Equation?<br \/>\n                                The Case of Unlisted Japanese Firms<br \/>\n                                <\/a><\/td>\n<td>Yuzo Honda, Kazuyuki Suzuki\n                                <\/td>\n<td>August 2006<\/td>\n<\/tr>\n<tr>\n<td>06-23<\/td>\n<td><a href=\"..\/dp\/0623.pdf\" target=\"_blank\" rel=\"noopener\">Research &amp; Development in the Telecommunication Industry<br \/>\n                                in Prewar Japan\uff0dAutomatic Telephone Switchboard\uff0d<br \/>\n                                <\/a><\/td>\n<td>Yuki Nakajima\n                                <\/td>\n<td>August 2006<\/td>\n<\/tr>\n<tr>\n<td>06-22<\/td>\n<td><a href=\"..\/dp\/0622.pdf\" target=\"_blank\" rel=\"noopener\">Export Processing Zones and Environmental Policy<br \/>\n                                <\/a><\/td>\n<td>Yasuyuki Sugiyama\n                                <\/td>\n<td>August 2006<\/td>\n<\/tr>\n<tr>\n<td>06-21<\/td>\n<td><a href=\"..\/dp\/0621.pdf\" target=\"_blank\" rel=\"noopener\">Impacts of Tourism and Fiscal Expenditure on Remote Islands in Japan: A Panel Data Analysis<br \/>\n                                <\/a><\/td>\n<td>Noriko Ishikawa, Mototsugu Fukushige\n                                <\/td>\n<td>July 2006<\/td>\n<\/tr>\n<tr>\n<td>06-20<\/td>\n<td><a href=\"..\/dp\/0620.pdf\" target=\"_blank\" rel=\"noopener\">ARE VOLATILITY EXPECTATIONS CHARACTERIZED BY REGIME SHIFTS?<br \/>\n                                EVIDENCE FROM IMPLIED VOLATILITY INDICES<br \/>\n                                <\/a><\/td>\n<td>Kazuhiko Nishina, Nabil Maghrebi, Mark J. Holmes\n                                <\/td>\n<td>July 2006<\/td>\n<\/tr>\n<tr>\n<td>06-19<\/td>\n<td><a href=\"..\/dp\/0619.pdf\" target=\"_blank\" rel=\"noopener\">Does the Diversity of Human Capital Increase GDP? A Comparison of Education Systems<br \/>\n                                <\/a><\/td>\n<td>Katsuya Takii, Ryuichi Tanaka\n                                <\/td>\n<td>July 2006<\/td>\n<\/tr>\n<tr>\n<td>06-18<\/td>\n<td><a href=\"..\/dp\/0618.pdf\" target=\"_blank\" rel=\"noopener\">\u9078\u629e\u578b\u5b9f\u9a13\u6cd5\u306b\u3088\u308b\u516c\u5171\u4ea4\u901a\u6295\u8cc7\u306e\u8cbb\u7528\u4fbf\u76ca\u5206\u6790\uff0d\u5927\u962a\u30e2\u30ce\u30ec\u30fc\u30eb\u306e\u5f69\u90fd\u7dda\u5ef6\u4f38\u306e\u4f8b\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u6c88\u4fca\u6bc5, \u5742\u7530\u88d5\u8f14, \u6a4b\u672c\u4ecb\u4e09\n                                <\/td>\n<td>July 2006<\/td>\n<\/tr>\n<tr>\n<td>06-17<\/td>\n<td><a href=\"..\/dp\/0617.pdf\" target=\"_blank\" rel=\"noopener\">A Note on Sufficient Conditions of Cross Risk Vulnerability<br \/>\n                                <\/a><\/td>\n<td>Yusuke Osaki\n                                <\/td>\n<td>June 2006<\/td>\n<\/tr>\n<tr>\n<td>06-16<\/td>\n<td><a href=\"..\/dp\/0616.pdf\" target=\"_blank\" rel=\"noopener\">Comparative Risk Aversion under Background Risks Revisited<br \/>\n                                <\/a><\/td>\n<td>Masamitsu Ohnishi, Yusuke Osaki\n                                <\/td>\n<td>June 2006<\/td>\n<\/tr>\n<tr>\n<td>06-15<\/td>\n<td><a href=\"..\/dp\/0615.pdf\" target=\"_blank\" rel=\"noopener\">\u5728\u90f7\u5546\u4eba\u306e\u6700\u9069\u8ca9\u58f2\u6226\u7565\uff0d\u8fd1\u4e16\u306b\u304a\u3051\u308b\u90fd\u5e02\u7279\u6a29\u682a\u4ef2\u9593\u304a\u3088\u3073\u975e\u7279\u6a29\u4ef2\u9593\u3068\u306e\u6728\u7dbf\u53d6\u5f15\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u68da\u6a4b\u3042\u3059\u304b\n                                <\/td>\n<td>June 2006<\/td>\n<\/tr>\n<tr>\n<td>05-32-Rev.2<\/td>\n<td><a href=\"..\/dp\/0532R2.pdf\" target=\"_blank\" rel=\"noopener\">Hedonic prices and multidimensional incentives<\/a><\/p>\n<div><b>* Revised\uff1a<\/b>Hedonic prices and multitask incentives[05-32Rev., 2006]<\/div>\n<\/td>\n<td>Masaki Nakabayashi<\/td>\n<td>May 2006<\/td>\n<\/tr>\n<tr>\n<td>06-14<\/td>\n<td><a href=\"..\/dp\/0614.pdf\" target=\"_blank\" rel=\"noopener\">Learning, Inflation Cycles, and Depression<br \/>\n                                <\/a><\/td>\n<td>Ryo Horii, Yoshiyasu Ono\n                                <\/td>\n<td>May 2006<\/td>\n<\/tr>\n<tr>\n<td>06-13<\/td>\n<td><a href=\"..\/dp\/0613.pdf\" target=\"_blank\" rel=\"noopener\">Natural Disasters in a Two-Sector Model of Endogenous Growth<br \/>\n                                <\/a><\/td>\n<td>Masako Ikefuji, Ryo Horii\n                                <\/td>\n<td>May 2006<\/td>\n<\/tr>\n<tr>\n<td>06-12<\/td>\n<td><a href=\"..\/dp\/0612.pdf\" target=\"_blank\" rel=\"noopener\">Dual Poverty Trap<\/a><\/td>\n<td>Ryo Horii, Masaru Sasaki\n                                <\/td>\n<td>May 2006<\/td>\n<\/tr>\n<tr>\n<td>06-11<\/td>\n<td>Decomposing interregional differentials in productivities:<br \/>\n                                An empirical analysis for Japanese data<br \/>\n                                <br \/>\n                                (subsequently published in <i><a href=\"https:\/\/doi.org\/10.1016\/j.econlet.2007.03.013\" target=\"_brank\" rel=\"noopener\">Economics Letters<\/a>,<\/i> vol.97, no.3, pp.240-246, December 2007.)\n                                <\/td>\n<td>Mototsugu Fukushige, Noriko Ishikawa\n                                <\/td>\n<td>May 2006<\/td>\n<\/tr>\n<tr>\n<td>05-23-Rev.<\/td>\n<td><a href=\"..\/dp\/0523R.pdf\" target=\"_blank\" rel=\"noopener\">Economic Growth with Imperfect Protection of Intellectual Property Rights<\/a><\/p>\n<div><b>* Revised\uff1a<\/b>[05-23, 2005]<\/div>\n<\/td>\n<td>Ryo Horii, Tatsuro Iwaisako<\/td>\n<td>April 2006<\/td>\n<\/tr>\n<tr>\n<td>06-10<\/td>\n<td><a href=\"..\/dp\/0610.pdf\" target=\"_blank\" rel=\"noopener\">Flexibility and diversity: the putting-out system in the silk fabric industry<br \/>\n                                of Kiryu, Japan<\/a><\/td>\n<td>Masaki Nakabayashi<\/td>\n<td>April 2006<\/td>\n<\/tr>\n<tr>\n<td>06-09<\/td>\n<td><a href=\"..\/dp\/0609.pdf\" target=\"_blank\" rel=\"noopener\">Stock Market Volatility and the Forecasting Accuracy of Implied Volatility Indices<br \/>\n                                <\/a><\/td>\n<td>Kazuhiko Nishina, Nabil Maghrebi, Moo-Sung Kim\n                                <\/td>\n<td>March 2006<\/td>\n<\/tr>\n<tr>\n<td>05-32-Rev.<\/td>\n<td>Hedonic prices and multitask incentives<\/p>\n<div><b>* Revised\uff1a<\/b>[05-32, 2005]<\/div>\n<\/td>\n<td>Masaki Nakabayashi<\/td>\n<td>March 2006<\/td>\n<\/tr>\n<tr>\n<td>04-12-Rev.<\/td>\n<td><a href=\"..\/dp\/0412R.pdf\" target=\"_blank\" rel=\"noopener\">Consumption of Cigarettes, Nicotine, and Tar under Anti-smoking Policies: Japan as a Case Study<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b> Response to Health Information: Evidence from Cigarette Consumption and Intake of Nicotine and Tar in Japan [04-12, 2004]<\/div>\n<\/td>\n<td>Junmin Wan<\/td>\n<td>March 2006<\/td>\n<\/tr>\n<tr>\n<td>06-08<\/td>\n<td>A Lost Decade Revisited: Zombie Firms and Inefficient Labor Allocation\n                                <\/td>\n<td>Takanori Tanaka\n                                <\/td>\n<td>March 2006<\/td>\n<\/tr>\n<tr>\n<td>06-07<\/td>\n<td><a href=\"..\/dp\/0607.pdf\" target=\"_blank\" rel=\"noopener\">A Variety-Expansion Model of Growth with External Habit Formation<br \/>\n                                <\/a><\/td>\n<td>Junko Doi, Kazuo Mino\n                                <\/td>\n<td>February 2006<\/td>\n<\/tr>\n<tr>\n<td>04-13-Rev.<\/td>\n<td><a href=\"..\/dp\/0413R.pdf\" target=\"_blank\" rel=\"noopener\">Response of Consumers to the Mandatory Disclosure of Information:Evidence from Natural Experiments<br \/>\n                                in Japanese Inter-brand Cigarette Demands<\/a><br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b> Response of Consumers to the Mandatory Disclosure of Information: Evidence from Japanese Inter-brand Cigarette Sales [04-13, 2004]<\/div>\n<\/td>\n<td>Junmin Wan<\/td>\n<td>February 2006<\/td>\n<\/tr>\n<tr>\n<td>04-11-Rev.<\/td>\n<td><a href=\"..\/dp\/0411R.pdf\" target=\"_blank\" rel=\"noopener\">Cigarette Tax Revenues and Tobacco Control in Japan<\/a><br \/>\n                                <br \/>\n                                (subsequently published in <i>Applied Economics,<\/i> vol.38, no.14, pp.1663-1675, August 2006.)<br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b> Rational Addiction, Tax Revenues and Tobacco Control [04-11, 2004]<\/div>\n<\/td>\n<td>Junmin Wan<\/td>\n<td>February 2006<\/td>\n<\/tr>\n<tr>\n<td>04-01-Rev.<\/td>\n<td>Rational Addiction with Optimal Inventories: Theory and Evidence from Cigarette Purchases in Japan<br \/>\n                                <\/p>\n<div><b>* Revised\uff1a<\/b> Rational Addiction with an Optimal Inventory:Theory and Evidence from Japanese Daily and Monthly Purchases [04-01, 2004]<\/div>\n<\/td>\n<td>Junmin Wan<\/td>\n<td>February 2006<\/td>\n<\/tr>\n<tr>\n<td>06-06<\/td>\n<td>Dynamic Analysis of Innovation and Licensing: The Effects of Intellectual Property Rights Protection\n                                <\/td>\n<td>Hitoshi Tanaka, Tatsuro Iwaisako, Koichi Futagami\n                                <\/td>\n<td>February 2006<\/td>\n<\/tr>\n<tr>\n<td>06-05<\/td>\n<td><a href=\"..\/dp\/0605.pdf\" target=\"_blank\" rel=\"noopener\">A Comparison between Latent Class Model and Mixed Logit Model for Transport Mode Choice:<br \/>\n                                Evidences from Two Datasets of Japan<br \/>\n                                <\/a><\/td>\n<td>Junyi Shen, Yusuke Sakata, Yoshizo Hashimoto<\/td>\n<td>January 2006<\/td>\n<\/tr>\n<tr>\n<td>06-04<\/td>\n<td><a href=\"..\/dp\/0604.pdf\" target=\"_blank\" rel=\"noopener\">The Influence of Environmental Deterioration and Network  Improvement<br \/>\n                                on Transport Modal Choice<\/a><\/td>\n<td>Yusuke Sakata, Junyi Shen, Yoshizo Hashimoto<\/td>\n<td>January 2006<\/td>\n<\/tr>\n<tr>\n<td>06-03<\/td>\n<td><a href=\"..\/dp\/0603.pdf\" target=\"_blank\" rel=\"noopener\">Wants and Past Knowledge: Growth Cycles with Emerging Industries<br \/>\n                                <\/a><\/td>\n<td>Ryo Horii<\/td>\n<td>January 2006<\/td>\n<\/tr>\n<tr>\n<td>06-02<\/td>\n<td><a href=\"..\/dp\/0602.pdf\" target=\"_blank\" rel=\"noopener\">Valuing Medical Schools in Japan: National versus Private Universities<br \/>\n                                <\/a><\/td>\n<td>Mototsugu Fukushige, Hideo Yunoue<\/td>\n<td>January 2006<\/td>\n<\/tr>\n<tr>\n<td>06-01<\/td>\n<td>Impact of BSE and Bird Flu on Comsumers\u2019 Meat Demand in Japan<br \/>\n                                <br \/>\n                                (<i><a href=\"https:\/\/doi.org\/10.1080\/00036840701564392\" target=\"_brank\" rel=\"noopener\">Applied Economics<\/a>,<\/i> forthcoming)\n                                <\/td>\n<td>Takashi Ishida, Noriko Ishikawa, Mototsugu Fukushige<\/td>\n<td>January 2006<\/td>\n<\/tr>\n<tr>\n<td>05-35<\/td>\n<td><a href=\"..\/dp\/0535.pdf\" target=\"_blank\" rel=\"noopener\">Technology, Preference Structure, and the Growth Effect of Money Supply<br \/>\n                                <\/a><\/td>\n<td>Jun-ichi Itaya, Kazuo Mino<\/td>\n<td>December 2005<\/td>\n<\/tr>\n<tr>\n<td>05-34<\/td>\n<td><a href=\"..\/dp\/0534.pdf\" target=\"_blank\" rel=\"noopener\">Equilibrium Dynamics in Discrete-Time Endogenous Growth Models with Social Constant Returns<br \/>\n                                <\/a><\/td>\n<td>Kazuo Mino, Kazuo Nishimura, Koji Shimomura, Ping Wang<\/td>\n<td>December 2005<\/td>\n<\/tr>\n<tr>\n<td>05-33<\/td>\n<td><a href=\"..\/dp\/0533.pdf\" target=\"_blank\" rel=\"noopener\">Relationships between Non-Bossiness and Nash Implementability<br \/>\n                                <\/a><\/td>\n<td>Hideki Mizukami, Takuma Wakayama<\/td>\n<td>December 2005<\/td>\n<\/tr>\n<tr>\n<td>05-32<\/td>\n<td>Hedonic prices and multitask incentives\n                                <\/td>\n<td>Masaki Nakabayashi<\/td>\n<td>December 2005<\/td>\n<\/tr>\n<tr>\n<td>05-31<\/td>\n<td><a href=\"..\/dp\/0531.pdf\" target=\"_blank\" rel=\"noopener\">Job Security Laws and Structural Change in the Japanese Labor Market<br \/>\n                                <\/a><\/td>\n<td>Kenji Azetsu, Mototsugu Fukushige<\/td>\n<td>November 2005<\/td>\n<\/tr>\n<tr>\n<td>05-30<\/td>\n<td><a href=\"..\/dp\/0530.pdf\" target=\"_blank\" rel=\"noopener\">The Effect of Education Subsidies in an Aging Economy<\/a><\/td>\n<td>Megumi Mochida<\/td>\n<td>October 2005<\/td>\n<\/tr>\n<tr>\n<td>05-29<\/td>\n<td><a href=\"..\/dp\/0529.pdf\" target=\"_blank\" rel=\"noopener\">Is Individual Environmental Consciousness One of the Determinants in Transport Mode Choice?<\/a><\/td>\n<td>Junyi Shen, Yusuke Sakata, Yoshizo Hashimoto<\/td>\n<td>October 2005<\/td>\n<\/tr>\n<tr>\n<td>05-28<\/td>\n<td>Who Expects the Municipalities to Take the Initiative in Tourism Development? Residents&#8217; Attitudes of Amami Oshima Island in Japan<br \/>\n                                <br \/>\n                                (subsequently published in <i><a href=\"http:\/\/www.sciencedirect.com\/science\/journal\/02615177\" target=\"_brank\" rel=\"noopener\">Tourism Management<\/a>,<\/i> vol.28, no.2, pp.461-475, April 2007.)\n                                <\/td>\n<td>Noriko Ishikawa, Mototsugu Fukushige<\/td>\n<td>October 2005<\/td>\n<\/tr>\n<tr>\n<td>05-27<\/td>\n<td><a href=\"..\/dp\/0527.pdf\" target=\"_blank\" rel=\"noopener\">A Review of Stated Choice Method<\/a><\/td>\n<td>Junyi Shen<\/td>\n<td>October 2005<\/td>\n<\/tr>\n<tr>\n<td>05-26<\/td>\n<td>Wavelet based Multi-grid analysis, Wavelet Galerkin method and their Applications to American option: A Survey\n                                <\/td>\n<td>Ken-ichi Mitsui, Yoshio Tabata<\/td>\n<td>October 2005<\/td>\n<\/tr>\n<tr>\n<td>03-14-Rev.<\/td>\n<td><a href=\"..\/dp\/0314R.pdf\" target=\"_blank\" rel=\"noopener\">Availability of Higher Education and Long-Term Economic Growth<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [03-14, 2003]<\/div>\n<\/td>\n<td>Ryo Horii, Akiomi Kitagawa, Koichi Futagami<\/td>\n<td>September 2005<\/td>\n<\/tr>\n<tr>\n<td>05-25<\/td>\n<td><a href=\"..\/dp\/0525.pdf\" target=\"_blank\" rel=\"noopener\">\u53d6\u5f15\u30d1\u30bf\u30fc\u30f3\u3068\u6d41\u52d5\u6027\u6307\u6a19\u306e\u95a2\u4fc2<br \/>\n                                <\/a><\/td>\n<td>\u6a4b\u672c\u5c1a\u53f2<\/td>\n<td>September 2005<\/td>\n<\/tr>\n<tr>\n<td>05-24<\/td>\n<td>Impacts of Tourism and Fiscal Expenditure to Remote Islands: The Case of the Amami Islands in Japan<br \/>\n                                <br \/>\n                                (subsequently published in <i>Applied Economics Letters,<\/i> vol.14, no.9, <a href=\"http:\/\/www.informaworld.com\/smpp\/content~content=a780553466~db=all~order=page\" target=\"_brank\" rel=\"noopener\">pp.661-666<\/a>, July 2007.)\n                                <\/td>\n<td>Noriko Ishikawa, Mototsugu Fukushige<\/td>\n<td>September 2005<\/td>\n<\/tr>\n<tr>\n<td>05-23<\/td>\n<td>Economic Growth with Imperfect Protection of Intellectual Property Rights<\/td>\n<td>Ryo Horii, Tatsuro Iwaisako<\/td>\n<td>August 2005<\/td>\n<\/tr>\n<tr>\n<td>05-22<\/td>\n<td><a href=\"..\/dp\/0522.pdf\" target=\"_blank\" rel=\"noopener\">Eigenvector Procedure based on Weighted Preference Flows in Multicriteria Outranking Analysis<br \/>\n                                <\/a><\/td>\n<td>Santha Chenayah, Eiji Takeda<\/td>\n<td>August 2005<\/td>\n<\/tr>\n<tr>\n<td>05-08-Rev.<\/td>\n<td><a href=\"..\/dp\/0508R.pdf\" target=\"_blank\" rel=\"noopener\">Finance, Technology and Inequality in Economic Development<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [05-08, 2005]<\/div>\n<\/td>\n<td>Ryo Horii, Ryoji Ohdoi, Kazuhiro Yamamoto<\/td>\n<td>August 2005<\/td>\n<\/tr>\n<tr>\n<td>05-21<\/td>\n<td><a href=\"..\/dp\/0521.pdf\" target=\"_blank\" rel=\"noopener\">Deflation and Downward Nominal Wage Rigidity: Evidence from Japan<br \/>\n                                <\/a><\/td>\n<td>Kengo Yasui, Shinji Takenaka<\/td>\n<td>July 2005<\/td>\n<\/tr>\n<tr>\n<td>05-20<\/td>\n<td><a href=\"..\/dp\/0520.pdf\" target=\"_blank\" rel=\"noopener\">A Characterization of the Randomized Uniform Rule<br \/>\n                                <\/a><\/td>\n<td>Wataru Kureishi, Hideki Mizukami<\/td>\n<td>July 2005<\/td>\n<\/tr>\n<tr>\n<td>05-19<\/td>\n<td><a href=\"..\/dp\/0519.pdf\" target=\"_blank\" rel=\"noopener\">The Restructuring of Cotton Spinning Companies in Postwar Japan<br \/>\n                                <\/a><\/td>\n<td>Takeshi Abe<\/td>\n<td>June 2005<\/td>\n<\/tr>\n<tr>\n<td>05-18<\/td>\n<td><a href=\"..\/dp\/0518.pdf\" target=\"_blank\" rel=\"noopener\">The Estimation of Asymmetric Adjustment Costs for the Number of Workers and Working Hours<br \/>\n                                 \uff0dEmpirical Evidence from Japanese Industry Data<br \/>\n                                <\/a><\/td>\n<td>Kenji Azetsu, Mototsugu Fukushige<\/td>\n<td>June 2005<\/td>\n<\/tr>\n<tr>\n<td>05-17<\/td>\n<td><a href=\"..\/dp\/0517.pdf\" target=\"_blank\" rel=\"noopener\">\u30de\u30eb\u512a\u5236\u5ea6\u3068\u5bb6\u8a08\u306e\u8cc7\u7523\u9078\u629e \uff0d\u300c\u8caf\u84c4\u52d5\u5411\u8abf\u67fb\u300d\u5e74\u9f62\u968e\u7d1a\u5225\u30c7\u30fc\u30bf\u306b\u3088\u308b\u5206\u6790\uff0d<br \/>\n                                <\/a><\/td>\n<td>\u95a2\u7530\u9759\u9999<\/td>\n<td>June 2005<\/td>\n<\/tr>\n<tr>\n<td>05-16<\/td>\n<td><a href=\"..\/dp\/0516.pdf\" target=\"_blank\" rel=\"noopener\">Migration and agglomeration with knowledge spillovers<br \/>\n                                <\/a><\/td>\n<td>Kyoko Hirose<\/td>\n<td>June 2005<\/td>\n<\/tr>\n<tr>\n<td>05-15<\/td>\n<td><a href=\"..\/dp\/0515.pdf\" target=\"_blank\" rel=\"noopener\">Knowledge spillovers, location of industry, and endogenous growth<br \/>\n                                <\/a><\/td>\n<td>Kyoko Hirose, Kazuhiro Yamamoto<\/td>\n<td>June 2005<\/td>\n<\/tr>\n<tr>\n<td>05-14<\/td>\n<td><a href=\"..\/dp\/0514.pdf\" target=\"_blank\" rel=\"noopener\">The Monotonicity of Asset Prices with Changes in Risk<br \/>\n                                <\/a><\/td>\n<td>Masamitsu Ohnishi, Yusuke Osaki<\/td>\n<td>May 2005<\/td>\n<\/tr>\n<tr>\n<td>05-13<\/td>\n<td><a href=\"..\/dp\/0513.pdf\" target=\"_blank\" rel=\"noopener\">Dependent Background Risks and Asset Prices<\/p>\n<p>                                <\/a><\/td>\n<td>Yusuke Osaki<\/td>\n<td>May 2005<\/td>\n<\/tr>\n<tr>\n<td>05-12<\/td>\n<td><a href=\"..\/dp\/0512.pdf\" target=\"_blank\" rel=\"noopener\">ECONOMIC ANALYSIS OF ASEAN FREE TRADE AREA; BY A COUNTRY PANEL DATA<br \/>\n                                <\/a><\/td>\n<td>Nguyen Trung Kien, Yoshizo Hashimoto<\/td>\n<td>May 2005<\/td>\n<\/tr>\n<tr>\n<td>05-11<\/td>\n<td><a href=\"..\/dp\/0511.pdf\" target=\"_blank\" rel=\"noopener\">Child Allowances, Fertility, and Uncertain Lifetime<br \/>\n                                <\/a><\/td>\n<td>Megumi Mochida<\/td>\n<td>May 2005<\/td>\n<\/tr>\n<tr>\n<td>05-10<\/td>\n<td>\u5bb6\u8a08\u306b\u3088\u308b\u9810\u91d1\u8005\u898f\u5f8b\u306f\u5b58\u5728\u3059\u308b\u306e\u304b\uff1f<\/td>\n<td>\u95a2\u7530\u9759\u9999<\/td>\n<td>May 2005<\/td>\n<\/tr>\n<tr>\n<td>05-09<\/td>\n<td><a href=\"..\/dp\/0509.pdf\" target=\"_blank\" rel=\"noopener\">Wealth Heterogeneity and Escape from the Poverty-Environment Trap<br \/>\n                                <\/a><\/td>\n<td>Masako Ikefuji, Ryo Horii<\/td>\n<td>May 2005<\/td>\n<\/tr>\n<tr>\n<td>05-08<\/td>\n<td>Finance, Technology and Inequality in Economic Development\n                                <\/td>\n<td>Ryo Horii, Ryoji Ohdoi, Kazuhiro Yamamoto<\/td>\n<td>April 2005<\/td>\n<\/tr>\n<tr>\n<td>05-07<\/td>\n<td><a href=\"..\/dp\/0507.pdf\" target=\"_blank\" rel=\"noopener\">Regional redistribution policy and welfare in a two-region endogenous growth model<br \/>\n                                <\/a><\/td>\n<td>Yutaro Murakami<\/td>\n<td>March 2005<\/td>\n<\/tr>\n<tr>\n<td>05-06<\/td>\n<td>IT Usage by SMEs in Japan: A Comparative Study of Higashiosaka and Ohta Ward, Tokyo SUMMARY<\/td>\n<td>Masatsugu Tsuji, Hiroaki Miyoshi, Teruyuki Bunno, Hiroki Idota, Masaru Ogawa, Etsuko Tsutsumi, Machiko Nakanishi, Noah Smith\n                                <\/td>\n<td>March 2005<\/td>\n<\/tr>\n<tr>\n<td>05-05<\/td>\n<td><a href=\"..\/dp\/0505.pdf\" target=\"_blank\" rel=\"noopener\">Strategy-proof Sharing<\/a><\/td>\n<td>Hideki Mizukami, Tatsuyoshi Saijo, Takuma Wakayama<\/td>\n<td>March 2005<\/td>\n<\/tr>\n<tr>\n<td>04-03-Rev.<\/td>\n<td><a href=\"..\/dp\/0403R.pdf\" target=\"_blank\" rel=\"noopener\">Dominant Strategy Implementation in Pure Exchange Economies<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [04-03, 2004]<\/div>\n<\/td>\n<td>Hideki Mizukami, Takuma Wakayama<\/td>\n<td>March 2005<\/td>\n<\/tr>\n<tr>\n<td>05-04<\/td>\n<td>Analysis of Optimal Taxation in an OLG Model: from the Viewpoint of Time-Consistency\n                                <\/td>\n<td>Yusuke Kinai<\/td>\n<td>March 2005<\/td>\n<\/tr>\n<tr>\n<td>05-03<\/td>\n<td><a href=\"..\/dp\/0503.pdf\" target=\"_blank\" rel=\"noopener\">Pricing a Bermudan Swaption with a Short Rate Lattice Method<\/a><\/td>\n<td>Yasuhiro TAMBA<\/td>\n<td>March 2005<\/td>\n<\/tr>\n<tr>\n<td>05-02<\/td>\n<td><a href=\"..\/dp\/0502.pdf\" target=\"_blank\" rel=\"noopener\">\u516c\u5171\u9078\u629e\u8ad6\u306e\u985e\u578b\u5316\u3068\u8ab2\u984c\uff1a\u653f\u7b56\u6c7a\u5b9a\u7406\u8ad6\u306b\u3064\u3044\u3066\u306e\u5c55\u671b<br \/>\n                                <\/a><\/td>\n<td>\u5c71\u7530\u96c5\u4fca<\/td>\n<td>February 2005<\/td>\n<\/tr>\n<tr>\n<td>05-01<\/td>\n<td><a href=\"..\/dp\/0501.pdf\" target=\"_blank\" rel=\"noopener\">PROMETHEE Multicriteria Analysis for Evaluation of Recycling Strategies in Malaysia<br \/>\n                                <\/a><\/td>\n<td>Santha Chenayah, Eiji Takeda<\/td>\n<td>February 2005<\/td>\n<\/tr>\n<tr>\n<td>04-20<\/td>\n<td><a href=\"..\/dp\/0420.pdf\" target=\"_blank\" rel=\"noopener\">Various Features of the Chooser Flexible Cap<\/a><\/td>\n<td>Masamitsu OHNISHI, Yasuhiro TAMBA<\/td>\n<td>December 2004<\/td>\n<\/tr>\n<tr>\n<td>04-19<\/td>\n<td><a href=\"..\/dp\/0419.pdf\" target=\"_blank\" rel=\"noopener\">The Comparative Statics of Equilibrium Derivative Prices<\/a><\/td>\n<td>Masamitsu Ohnishi, Yusuke Osaki<\/td>\n<td>November 2004<\/td>\n<\/tr>\n<tr>\n<td>03-04-Rev.<\/td>\n<td><a href=\"..\/dp\/0304R.pdf\" target=\"_blank\" rel=\"noopener\">Market Efficiency and International Linkage of Stock Prices: An Analysis with High Frequency Data<\/a><\/p>\n<div><b>* Revised\uff1a<\/b> [03-04, 2003]<\/div>\n<\/td>\n<td>Yoshiro Tsutsui, Kenjiro Hirayama<\/td>\n<td>October 2004<\/td>\n<\/tr>\n<tr>\n<td>04-18<\/td>\n<td><a href=\"..\/dp\/0418.pdf\" target=\"_blank\" rel=\"noopener\">Pricing of a Chooser Flexible Cap and its Calibration<\/a><\/td>\n<td>Daisuke ITO, Masamitsu OHNISHI, Yasuhiro TAMBA<\/td>\n<td>October 2004<\/td>\n<\/tr>\n<tr>\n<td>04-17<\/td>\n<td><a href=\"..\/dp\/0417.pdf\" target=\"_blank\" rel=\"noopener\">\u30ea\u30b5\u30a4\u30af\u30eb\u4e8b\u696d\u306e\u793e\u4f1a\u7684\u8a55\u4fa1\u3068\u5229\u7528\u4fc3\u9032\u653f\u7b56\u306e\u5f62\u6210<br \/>\uff0d\u30a8\u30b3\u30ec\u30f3\u30ac\u4e8b\u696d\u306e\u4e8b\u4f8b\u3092\u4e2d\u5fc3\u3068\u3057\u305fCVM \u5206\u6790\uff0d<\/a><\/td>\n<td>\u88d8\u6625\u6689,<br \/>\n                                \u5742\u7530\u88d5\u8f14, \u6a4b\u672c\u4ecb\u4e09<\/td>\n<td>September 2004<\/td>\n<\/tr>\n<tr>\n<td>04-16<\/td>\n<td>Juvenile Crime and Punishment: Evidence from Japan<\/td>\n<td>Tatsushi Oka<\/td>\n<td>September 2004<\/td>\n<\/tr>\n<tr>\n<td>04-15<\/td>\n<td><a href=\"..\/dp\/0415.pdf\" target=\"_blank\" rel=\"noopener\">Who Benefits from a Better Education Environment?<\/a><\/td>\n<td>Akiomi Kitagawa, Ryo Horii, Koichi Futagami<\/td>\n<td>July 2004<\/td>\n<\/tr>\n<tr>\n<td>02-10-Rev.<\/td>\n<td><a href=\"..\/dp\/0210R.pdf\" target=\"_blank\" rel=\"noopener\">Degree of Competition in the Japanese Securities Industry<\/a><\/p>\n<div><b>* Revised<\/b>\uff1a Competition in Japanese Securities Industry [02-10, 2002]<\/div>\n<\/td>\n<td>Yoshiro Tsutsui, Akiko Kamesaka<\/td>\n<td>July 2004<\/td>\n<\/tr>\n<tr>\n<td>04-14<\/td>\n<td><a href=\"..\/dp\/0414.pdf\" target=\"_blank\" rel=\"noopener\">Welfare Analysis of Debt Policy during Recessions<\/a><\/td>\n<td>Takayuki Ogawa<\/td>\n<td>July 2004<\/td>\n<\/tr>\n<tr>\n<td>04-13<\/td>\n<td>Response of Consumers to the Mandatory Disclosure of Information: Evidence from Japanese Inter-brand Cigarette Sales<\/td>\n<td>Junmin Wan<\/td>\n<td>June 2004<\/td>\n<\/tr>\n<tr>\n<td>04-12<\/td>\n<td>Response to Health Information: Evidence from Cigarette Consumption and Intake of Nicotine and Tar in Japan<\/td>\n<td>Junmin Wan<\/td>\n<td>June 2004<\/td>\n<\/tr>\n<tr>\n<td>04-11<\/td>\n<td>Rational Addiction, Tax Revenues and Tobacco Control<\/td>\n<td>Junmin Wan<\/td>\n<td>June 2004<\/td>\n<\/tr>\n<tr>\n<td>04-10<\/td>\n<td><a href=\"..\/dp\/0410.pdf\" target=\"_blank\" rel=\"noopener\">The Comparative Statics on Asset Prices Based on Bull and Bear Market Measure<\/a><\/td>\n<td>Masamitsu Ohnishi, Yusuke Osaki<\/td>\n<td>May 2004<\/td>\n<\/tr>\n<tr>\n<td>04-09<\/td>\n<td><a href=\"..\/dp\/0409.pdf\" target=\"_blank\" rel=\"noopener\">Environmental Kuznets Curve on Country Level: Evidence from China<\/a><\/td>\n<td>Junyi Shen, Yoshizo Hashimoto<\/td>\n<td>May 2004<\/td>\n<\/tr>\n<tr>\n<td>04-08<\/td>\n<td>Consumption Satiation and Balanced-Budget Multipliers<\/td>\n<td>Takayuki Ogawa<\/td>\n<td>April 2004<\/td>\n<\/tr>\n<tr>\n<td>04-07<\/td>\n<td>Habit Formation, Irreversible Capital Investment, and Unemployment<\/td>\n<td>Takayuki Ogawa<\/td>\n<td>April 2004<\/td>\n<\/tr>\n<tr>\n<td>04-06<\/td>\n<td><a href=\"..\/dp\/0406.pdf\" target=\"_blank\" rel=\"noopener\">Measuring Education Levels of Farmers: Evidence from Innovation Adoption in Bangladesh<br \/>\n                                <\/a><\/td>\n<td>Masakazu Hojo<\/td>\n<td>March 2004<\/td>\n<\/tr>\n<tr>\n<td>04-05<\/td>\n<td><a href=\"..\/dp\/0405.pdf\" target=\"_blank\" rel=\"noopener\">Monetary Transmissions Immediately after the Crisis<br \/>\n                                in East Asia<br \/>\n                                <\/a><\/td>\n<td>Masahiro Enya, Akira Kohsaka<\/td>\n<td>March 2004<\/td>\n<\/tr>\n<tr>\n<td>04-04<\/td>\n<td><a href=\"..\/dp\/0404.pdf\" target=\"_blank\" rel=\"noopener\">Credit Crunch in East Asia: A Retrospective<\/a><\/td>\n<td>Masahiro Enya, Akira Kohsaka, Mervin Pobre<\/td>\n<td>March 2004<\/td>\n<\/tr>\n<tr>\n<td>04-03<\/td>\n<td>Dominant Strategy Implementation in Pure Exchange Economies\n                                <\/td>\n<td>Hideki Mizukami, Takuma Wakayama<\/td>\n<td>March 2004<\/td>\n<\/tr>\n<tr>\n<td>04-02<\/td>\n<td><a href=\"..\/dp\/0402.pdf\" target=\"_blank\" rel=\"noopener\">The Effect of Partial Information Sharing in a Two-Level Supply Chain<br \/>\n                                <\/a><\/td>\n<td>Huy Chhaing, Eiji Takeda<\/td>\n<td>February 2004<\/td>\n<\/tr>\n<tr>\n<td>04-01<\/td>\n<td>Rational Addiction with an Optimal Inventory: Theory and Evidence from Japanese Daily and Monthly Purchases\n                                <\/td>\n<td>Junmin Wan<\/td>\n<td>January 2004<\/td>\n<\/tr>\n<tr>\n<td>03-15<\/td>\n<td><a href=\"..\/dp\/0315.pdf\" target=\"_blank\" rel=\"noopener\">Is There a Direct Effect of Money?: Money&#8217;s Role in an Estimated Monetary Business Cycle Model of the Japanese Economy<br \/>\n                                <\/a><\/td>\n<td>Ippei Fujiwara<\/td>\n<td>December 2003<\/td>\n<\/tr>\n<tr>\n<td>03-14<\/td>\n<td>Availability of Higher Education and Long-Term Economic Growth<\/td>\n<td>Akiomi Kitagawa, Ryo Horii, Koichi Futagami<\/td>\n<td>November 2003<\/td>\n<\/tr>\n<tr>\n<td>02-09-Rev.<\/td>\n<td><a href=\"..\/dp\/0209R.pdf\" target=\"_blank\" rel=\"noopener\">Has Competition in the Japanese Banking Sector Improved?<\/a><\/p>\n<div><b>* Revised<\/b>\uff1a Has the Competition in the Japanese Banking Sector Improved ? [02-09, 2002]<\/div>\n<\/td>\n<td>Hirofumi Uchida, Yoshiro Tsutsui<\/td>\n<td>September 2003<\/td>\n<\/tr>\n<tr>\n<td>02-14-Rev.<\/td>\n<td>The Effects of Peer Pressure and Risk Sharing on Incentives<\/p>\n<div><b>* Revised<\/b>\uff1a Risk-Averse Agents with Peer Pressure [02-14, 2002]<\/div>\n<\/td>\n<td>Kohei Daido<\/td>\n<td>August 2003<\/td>\n<\/tr>\n<tr>\n<td>03-13<\/td>\n<td>Peer Pressure and Incentives<\/td>\n<td>Kohei Daido<\/td>\n<td>August 2003<\/td>\n<\/tr>\n<tr>\n<td>03-12<\/td>\n<td><a href=\"..\/dp\/0312.pdf\" target=\"_blank\" rel=\"noopener\">Heterogeneous Yield Curves and Basis Swaps<\/a><\/td>\n<td>Keiichi Tanaka<\/td>\n<td>June 2003<\/td>\n<\/tr>\n<tr>\n<td>03-11<\/td>\n<td><a href=\"..\/dp\/0311.pdf\" target=\"_blank\" rel=\"noopener\">\u5ca1\u5c71LRT\u306e\u5c0e\u5165\u306b\u95a2\u3059\u308b\u516c\u5171\u30b5\u30fc\u30d3\u30b9\u4f9b\u7d66\u306e\u3042\u308a\u65b9<\/a><\/td>\n<td>\u6a4b\u672c\u4ecb\u4e09, \u88d8\u6625\u6689, \u5bae\u585a\u900f<\/td>\n<td>May 2003<\/td>\n<\/tr>\n<tr>\n<td>03-10<\/td>\n<td><a href=\"..\/dp\/0310b.pdf\" target=\"_blank\" rel=\"noopener\">\u5354\u540c\u7d44\u7e54\u91d1\u878d\u6a5f\u95a2\u306e\u7d4c\u55b6\u52b9\u7387\u6027<\/a><\/td>\n<td>\u7b52\u4e95\u7fa9\u90ce<\/td>\n<td>May 2003<\/td>\n<\/tr>\n<tr>\n<td>03-09<\/td>\n<td><a href=\"..\/dp\/0309.pdf\" target=\"_blank\" rel=\"noopener\">DETERMINANTS OF THE INITIAL DECISIONS BY JAPANESE FIRMS<br \/>\n                                TO UNDERTAKE FOREIGN DIRECT INVESTMENT<br \/>\n                                <\/a><\/td>\n<td>Yutaka Horiba, Kazuo Yoshida<\/td>\n<td>April 2003<\/td>\n<\/tr>\n<tr>\n<td>03-08<\/td>\n<td><a href=\"..\/dp\/0308.pdf\" target=\"_blank\" rel=\"noopener\">Has the effect of monetary policy changed during 1990s?:<br \/>\n                                <font size=\"-1\">An Application of Identified Markov Switching Vector Autoregression to the Impulse Response Analysis When the Nominal Interest Rate is Almost Zero<\/font><br \/>\n                                <\/a><\/td>\n<td>Ippei Fujiwara<\/td>\n<td>April 2003<\/td>\n<\/tr>\n<tr>\n<td>03-07<\/td>\n<td><a href=\"..\/dp\/0307.pdf\" target=\"_blank\" rel=\"noopener\">Output Composition of Monetary Policy Transmission Mechanism in Japan<\/a><\/td>\n<td>Ippei Fujiwara<\/td>\n<td>April 2003<\/td>\n<\/tr>\n<tr>\n<td>03-06<\/td>\n<td><a href=\"..\/dp\/0306.pdf\" target=\"_blank\" rel=\"noopener\">\u5944\u7f8e\u5927\u5cf6\u306e\u89b3\u5149\u4fa1\u5024\u306b\u95a2\u3059\u308b\u7d4c\u6e08\u8a55\u4fa1\u5206\u6790<\/a><\/td>\n<td>\u88d8\u6625\u6689, \u6a4b\u672c\u4ecb\u4e09<\/td>\n<td>April 2003<\/td>\n<\/tr>\n<tr>\n<td>03-05<\/td>\n<td><a href=\"..\/dp\/0305.pdf\" target=\"_blank\" rel=\"noopener\">\u5317\u90e8\u4e5d\u5dde\u5730\u533a\u3067\u306e\u5730\u65b9\u9280\u884c\u518d\u751f\u306e\u7d4c\u9a13\u3068\u73fe\u4ee3\u7684\u610f\u7fa9<\/a><\/td>\n<td>\u5b89\u5b6b\u5b50\u52c7\u4e00, \u5409\u5ca1\u5b5d\u662d<\/td>\n<td>January 2003<\/td>\n<\/tr>\n<tr>\n<td>03-04<\/td>\n<td>Market Efficiency and International Linkage of Stock Prices: An Analysis with High Frequency Data<\/td>\n<td>Kenjiro Hirayama, Yoshiro Tsutsui<\/td>\n<td>January 2003<\/td>\n<\/tr>\n<tr>\n<td>03-03<\/td>\n<td><a href=\"..\/dp\/0303.pdf\" target=\"_blank\" rel=\"noopener\">\u30d1\u30cd\u30eb\u30fb\u30c7\u30fc\u30bf\u3092\u7528\u3044\u305f\u5730\u57df\u7d4c\u6e08\u3068\u5730\u57df\u91d1\u878d\u306b\u95a2\u3059\u308b\u5b9f\u8a3c\u5206\u6790<\/a><\/td>\n<td>\u5b89\u5b6b\u5b50\u52c7\u4e00, \u5409\u5ca1\u5b5d\u662d<\/td>\n<td>January 2003<\/td>\n<\/tr>\n<tr>\n<td>03-02<\/td>\n<td><a href=\"..\/dp\/0302.pdf\" target=\"_blank\" rel=\"noopener\">Tax-Financed Public Funds Injection into Banks and its Welfare Implications<\/a><\/td>\n<td>Daisuke Ishikawa<\/td>\n<td>January 2003<\/td>\n<\/tr>\n<tr>\n<td>03-01<\/td>\n<td><a href=\"..\/dp\/0301.pdf\" target=\"_blank\" rel=\"noopener\">A Periodic Review Inventory Model in a Random Environment<\/a><\/td>\n<td>Hirotaka Matsumoto, Yoshio Tabata<\/td>\n<td>January 2003<\/td>\n<\/tr>\n<tr>\n<td>02-21<\/td>\n<td>Technological Progress May Reduce Welfare<\/td>\n<td>Keisuke Hattori<\/td>\n<td>December 2002<\/td>\n<\/tr>\n<tr>\n<td>02-20<\/td>\n<td>Reconsideration of the crowding-out effect with non-linear contribution technology<\/td>\n<td>Keisuke Hattori<\/td>\n<td>December 2002<\/td>\n<\/tr>\n<tr>\n<td>02-19<\/td>\n<td><a href=\"..\/dp\/0219.pdf\" target=\"_blank\" rel=\"noopener\">\u7523\u696d\u5ec3\u68c4\u7269\u306e\u30ea\u30b5\u30a4\u30af\u30eb\u4e8b\u696d\u3068\u5916\u90e8\u52b9\u679c\u306e\u63a8\u8a08\u3000\uff0d\u95a2\u897f\u96fb\u529b\u306e\u30a8\u30b3\u30ec\u30f3\u30ac\u4e8b\u696d\u306e\u4e8b\u4f8b\u3092\u4e2d\u5fc3\u306b\uff0d<\/a><\/td>\n<td>\u5ca1\u6751\u85ab, \u88d8\u6625\u6689, \u6a4b\u672c\u4ecb\u4e09<\/td>\n<td>November 2002<\/td>\n<\/tr>\n<tr>\n<td>02-18<\/td>\n<td><a href=\"..\/dp\/0218.pdf\" target=\"_blank\" rel=\"noopener\">GEM\u3092\u7528\u3044\u305f\u30b8\u30a7\u30f3\u30c0\u30fc\u306e\u56fd\u969b\u6bd4\u8f03\u3068\u305d\u306e\u554f\u984c\u70b9<\/a><\/td>\n<td>\u5c71\u5185\u76f4\u4eba, \u91d1\u8c37\u4fe1\u5b50<\/td>\n<td>October 2002<\/td>\n<\/tr>\n<tr>\n<td>02-17<\/td>\n<td>Is the Government Failure Theory Still Relevant?: A Panel Analysis Using U.S. State Level Data<\/td>\n<td>Yoshiho Matsunaga, Naoto Yamauchi<\/td>\n<td>September 2002<\/td>\n<\/tr>\n<tr>\n<td>02-16<\/td>\n<td>Cooperative Investments and Transfer Pricing<\/td>\n<td>Atsushi Shiiba, Hiroji Takao<\/td>\n<td>August 2002<\/td>\n<\/tr>\n<tr>\n<td>02-15<\/td>\n<td><a href=\"..\/dp\/0215.pdf\" target=\"_blank\" rel=\"noopener\">\u500b\u4eba\u5185\u3067\u306e\u9078\u597d\u306e\u5909\u5316\u3092\u8003\u616e\u3057\u305f\u5e02\u5834\u69cb\u9020\u5206\u6790<br \/>\n                                <\/a><\/td>\n<td>\u91cc\u6751\u5353\u4e5f<\/td>\n<td>August 2002<\/td>\n<\/tr>\n<tr>\n<td>02-14<\/td>\n<td>Risk-Averse Agents with Peer Pressure\n                                <\/td>\n<td>Kohei Daido<\/td>\n<td>August 2002<\/td>\n<\/tr>\n<tr>\n<td>02-13<\/td>\n<td>Peer Pressure and Incentives in the Workplace\n                                <\/td>\n<td>Kohei Daido<\/td>\n<td>August 2002<\/td>\n<\/tr>\n<tr>\n<td>02-12<\/td>\n<td><a href=\"..\/dp\/0212.pdf\" target=\"_blank\" rel=\"noopener\">The Stochastic Dynamics, Forecasting Ability and Risk Factors in Implied Volatility<br \/>\n                                <\/a><\/td>\n<td>Kazuhiko Nishina, Nabil Maghrebi<\/td>\n<td>July 2002<\/td>\n<\/tr>\n<tr>\n<td>02-11<\/td>\n<td><a href=\"..\/dp\/0211.pdf\" target=\"_blank\" rel=\"noopener\">Japanese Corporate Pension Plans and the Impact on Stock Prices<br \/>\n                                <\/a><\/td>\n<td>Kazuo Yoshida, Yutaka Horiba<\/td>\n<td>July 2002<\/td>\n<\/tr>\n<tr>\n<td>02-10<\/td>\n<td>Competition in Japanese Securities Industry\n                                <\/td>\n<td>Akiko Kamesaka, Yoshiro Tsutsui<\/td>\n<td>June 2002<\/td>\n<\/tr>\n<tr>\n<td>02-09<\/td>\n<td>Has the Competition in the Japanese Banking Sector Improved?\n                                <\/td>\n<td>Hirofumi Uchida, Yoshiro Tsutsui<\/td>\n<td>June 2002<\/td>\n<\/tr>\n<tr>\n<td>02-08<\/td>\n<td>Optimal Natural Resources Management under Uncertainty with Catastrophic Risk<\/td>\n<td>Motoh Tsujimura<\/td>\n<td>March 2002<\/td>\n<\/tr>\n<tr>\n<td>02-07<\/td>\n<td>Optimal Dividend Policy with Transaction Costs under a Brownian Cash Reserve<\/td>\n<td>Masamitsu Ohnishi, Motoh Tsujimura<\/td>\n<td>March 2002<\/td>\n<\/tr>\n<tr>\n<td>02-06<\/td>\n<td>Existence of Equilibrium with Non-Convex Constraint Correspondences: Including an Application for the Default Economy\n                                <\/td>\n<td>Ken Urai, Akihiko Yoshimachi<\/td>\n<td>March 2002<\/td>\n<\/tr>\n<tr>\n<td>02-05<\/td>\n<td>Why there isn\u2019t a complete description of the human society II: The Society and Social Values\n                                <\/td>\n<td>Ken Urai<\/td>\n<td>March 2002<\/td>\n<\/tr>\n<tr>\n<td>02-04<\/td>\n<td>Why there isn\u2019t a complete description of the human society I: The Rationality and Individuals\n                                <\/td>\n<td>Ken Urai<\/td>\n<td>March 2002<\/td>\n<\/tr>\n<tr>\n<td>02-03<\/td>\n<td>An Elucidation of Debt Neutrality and Equivalence with Tax Finance<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>March 2002<\/td>\n<\/tr>\n<tr>\n<td>02-01<\/td>\n<td><a href=\"..\/dp\/0201.pdf\" target=\"_blank\" rel=\"noopener\">\u500b\u4eba\u9593\u306e\u5730\u7406\u7684\u8981\u56e0\u306b\u3088\u308b\u88fd\u54c1\u666e\u53ca\u7279\u6027<\/a><\/td>\n<td>\u5ca1\u672c\u9686<\/td>\n<td>January 2002<\/td>\n<\/tr>\n<tr>\n<td>01-18<\/td>\n<td><a href=\"..\/dp\/0118.pdf\" target=\"_blank\" rel=\"noopener\">\u5927\u5b66\u5352\u696d\u751f\u306e\u82f1\u8a9e\u80fd\u529b\u3068\u6240\u5f97:\u65e5\u672c\u793e\u4f1a\u306b\u30a4\u30f3\u30b0\u30ea\u30c3\u30b7\u30e5\u30fb\u30c7\u30a3\u30d0\u30a4\u30c9\u306f\u751f\u3058\u3066\u3044\u308b\u304b<\/a><\/td>\n<td>\u677e\u7e41\u5bff\u548c<\/td>\n<td>November 2001<\/td>\n<\/tr>\n<tr>\n<td>01-17<\/td>\n<td>The Role of Public Capital on Regional Economic Development and Disparity in Thai Economy<\/td>\n<td>Worawet Suwanrada<\/td>\n<td>November 2001<\/td>\n<\/tr>\n<tr>\n<td>01-16<\/td>\n<td>A Reconciliation of Optimal Tax Rules in a Dynamic Economy<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>July 2001<\/td>\n<\/tr>\n<tr>\n<td>01-15<\/td>\n<td><a href=\"..\/dp\/0115.pdf\" target=\"_blank\" rel=\"noopener\">\u5927\u9023\u7d4c\u6e08\u6280\u8853\u958b\u767a\u533a\u306e\u30a4\u30f3\u30d5\u30e9\u306e\u6574\u5099\u72b6\u6cc1\u3068\u512a\u9047\u653f\u7b56\u52d5\u5411<\/a><\/td>\n<td>\u5f35\u3000\u514b, \u6a4b\u672c\u4ecb\u4e09<\/td>\n<td>July 2001<\/td>\n<\/tr>\n<tr>\n<td>01-14<\/td>\n<td>\u958b\u696d\u3001\u6210\u9577\u3001\u5ec3\u696d\u3068\u96c7\u7528\u5275\u51fa\u529b<\/td>\n<td>\u677e\u7e41\u5bff\u548c<\/td>\n<td>July 2001<\/td>\n<\/tr>\n<tr>\n<td>01-13<\/td>\n<td>\u4e2d\u5c0f\u30fb\u96f6\u7d30\u4f01\u696d\u306e\u7d4c\u55b6\u306b\u304a\u3051\u308b\u5973\u6027\u4f01\u696d\u5bb6\u306e\u7279\u5fb4<\/td>\n<td>\u677e\u7e41\u5bff\u548c<\/td>\n<td>July 2001<\/td>\n<\/tr>\n<tr>\n<td>01-12<\/td>\n<td>\u8d77\u696d\u5f8c\u306e\u6210\u9577\u3092\u6c7a\u5b9a\u3059\u308b\u8981\u56e0<\/td>\n<td>\u677e\u7e41\u5bff\u548c<\/td>\n<td>July 2001<\/td>\n<\/tr>\n<tr>\n<td>01-11<\/td>\n<td>\u8cc3\u91d1\u3068\u67fb\u5b9a\u306b\u898b\u3089\u308c\u308b\u6210\u679c\u4e3b\u7fa9\u5c0e\u5165\u306e\u52b9\u679c\uff1a\u4f01\u696d\u5185\u30de\u30a4\u30af\u30ed\u30c7\u30fc\u30bf\u306b\u3088\u308b\u5206\u6790<\/td>\n<td>\u6885\u5d0e\u3000\u4fee, \u4e2d\u5d8b\u54f2\u592b, \u677e\u7e41\u5bff\u548c<\/td>\n<td>July 2001<\/td>\n<\/tr>\n<tr>\n<td>01-10<\/td>\n<td><a href=\"..\/dp\/0110ueeda.pdf\" target=\"_blank\" rel=\"noopener\">Does manager voluntarily disclose private information?\uff0dA test of the basic model of full disclosure using experimental approach<\/a><\/td>\n<td>Masayuki Ueeda<\/td>\n<td>June 2001<\/td>\n<\/tr>\n<tr>\n<td>01-09<\/td>\n<td><a href=\"..\/dp\/0109satomura.pdf\" target=\"_blank\" rel=\"noopener\">Dynamic Segmentation using Markov-Switching Model<\/a><\/td>\n<td>Takuya Satomura<\/td>\n<td>April 2001<\/td>\n<\/tr>\n<tr>\n<td>01-08<\/td>\n<td>Dynamic Stability, Paradoxical Comparative Statics and Factor-Market Distortions in an Economy with Three Production Sectors<\/td>\n<td>Murray C. Kemp, Masatoshi Yamada<\/td>\n<td>April 2001<\/td>\n<\/tr>\n<tr>\n<td>01-07<\/td>\n<td><a href=\"..\/dp\/0107.pdf\" target=\"_blank\" rel=\"noopener\">\u4e2d\u56fd\u5927\u9023\u7d4c\u6e08\u6280\u8853\u958b\u767a\u533a\u306b\u304a\u3051\u308b\u4e2d\u5c0f\u4f01\u696d\u7d4c\u55b6\u8005<\/a><\/td>\n<td>\u677e\u7e41 \u5bff\u548c<\/td>\n<td>April 2001<\/td>\n<\/tr>\n<tr>\n<td>01-06<\/td>\n<td><a href=\"..\/dp\/0106.pdf\" target=\"_blank\" rel=\"noopener\">\u4e2d\u56fd\u5927\u9023\u7d4c\u6e08\u6280\u8853\u958b\u767a\u533a\u4f01\u696d\u306b\u304a\u3051\u308b\u4eba\u6750\u306e\u73fe\u5730\u5316\u3068\u5185\u90e8\u52b4\u50cd\u5e02\u5834<\/a><\/td>\n<td>\u677e\u7e41 \u5bff\u548c<\/td>\n<td>April 2001<\/td>\n<\/tr>\n<tr>\n<td>01-05<\/td>\n<td>\u73fe\u5730\u8abf\u9054\u7387\u3068\u73fe\u5730\u5e02\u5834<\/td>\n<td>\u6a4b\u672c \u4ecb\u4e09, \u88d8 \u6625\u6689, \u677e\u7e41 \u5bff\u548c<\/td>\n<td>April 2001<\/td>\n<\/tr>\n<tr>\n<td>01-04<\/td>\n<td>A Sufficient Condition for Consistent Majority Decision in an Economic Domain<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>April 2001<\/td>\n<\/tr>\n<tr>\n<td>01-03<\/td>\n<td>How Do the Japanese Define a Volunteer? Testing the Net Cost Hypothesis<\/td>\n<td>Kiriko Asano, Naoto Yamauchi<\/td>\n<td>February 2001<\/td>\n<\/tr>\n<tr>\n<td>01-02<\/td>\n<td><a href=\"..\/dp\/0102.pdf\" target=\"_blank\" rel=\"noopener\">\u56fd\u7acb\u5b66\u6821\u7279\u5225\u4f1a\u8a08\u3068\u305d\u306e\u653f\u7b56\u7684\u8a55\u4fa1<\/a><\/td>\n<td>Worawet Suwanrada, \u524d\u5ddd \u8061\u5b50<\/td>\n<td>February 2001<\/td>\n<\/tr>\n<tr>\n<td>01-01<\/td>\n<td><a href=\"..\/dp\/0101banzawa.pdf\" target=\"_blank\" rel=\"noopener\">On the &#8220;Exceptions&#8221; in the Establishing Bureaucratic Employment System in the German-Prussian State Railway in the 19th Century \uff0d A Social-Historical Approach to the Employment of the Railway Civil Servants (<i class=\"italic\">Staatseisenbahnbeamten<\/i>) 1840-1870<\/a><\/td>\n<td>Ayumu Banazawa<\/td>\n<td>January 2001<\/td>\n<\/tr>\n<tr>\n<td>00-20<\/td>\n<td><a href=\"..\/dp\/0020hashimoto.pdf\" target=\"_blank\" rel=\"noopener\">\u4e2d\u56fd\u306b\u304a\u3051\u308b\u5206\u696d\u578b\u751f\u7523\u7d44\u7e54\u306e\u6709\u52b9\u6027\u306b\u3064\u3044\u3066\u2015\u2015\u5927\u9023\u306b\u9032\u51fa\u3057\u305f\u65e5\u7cfb\u4f01\u696d\u306e\u6d3b\u52d5\u3092\u4e2d\u5fc3\u306b\u2015\u2015<\/a><\/td>\n<td>\u6a4b\u672c \u4ecb\u4e09, \u88d8 \u6625\u6689<\/td>\n<td>December 2000<\/td>\n<\/tr>\n<tr>\n<td>00-19<\/td>\n<td><a href=\"..\/dp\/0019.pdf\" target=\"_blank\" rel=\"noopener\">Recent Competition in Japanese Life Insurance Industry<\/a><\/td>\n<td>Toshiyuki Souma, Yoshiro Tsutsui<\/td>\n<td>December 2000<\/td>\n<\/tr>\n<tr>\n<td>00-18<\/td>\n<td>A Genetic Algorithm Approach for Design of Index Fund <\/td>\n<td>Sangheon Han, Yoshio Tabata<\/td>\n<td>October 2000<\/td>\n<\/tr>\n<tr>\n<td>00-17<\/td>\n<td>The East Asian Path of Economic Development: A Long-term Perspective<\/td>\n<td>Kaoru Sugihara<\/td>\n<td>October 2000<\/td>\n<\/tr>\n<tr>\n<td>00-16<\/td>\n<td><a href=\"..\/dp\/0016maeda.pdf\" target=\"_blank\" rel=\"noopener\">On the Index of Environmental Awareness <\/a><\/td>\n<td>Tetsuo Ono, Yasuo Maeda<\/td>\n<td>September 2000<\/td>\n<\/tr>\n<tr>\n<td>00-15<\/td>\n<td>Long-run Neutralized Effects of International Transfers on the Environment<\/td>\n<td>Tetsuo Ono, Yasuo Maeda<\/td>\n<td>September 2000<\/td>\n<\/tr>\n<tr>\n<td>00-14<\/td>\n<td><a href=\"..\/dp\/0014.pdf\" target=\"_blank\" rel=\"noopener\">Exchange Rate and Stock Prices in Japan <\/a><\/td>\n<td>Tetsushi Homma, YoshiroTsutsui, Uri Benzion<\/td>\n<td>September 2000<\/td>\n<\/tr>\n<tr>\n<td>00-13<\/td>\n<td>The Interdependence and Its Cause of Japanese and U.S. Stock Prices: An Event Study <\/td>\n<td>Yoshiro Tsutsui<\/td>\n<td>September 2000<\/td>\n<\/tr>\n<tr>\n<td>00-12<\/td>\n<td>Are International Portfolio Adjustments A Cause of Comovements in Stock Prices?<\/td>\n<td>Yoshiro Tsutsui, Kenjiro Hirayama<\/td>\n<td>September 2000<\/td>\n<\/tr>\n<tr>\n<td>00-11<\/td>\n<td><a href=\"..\/dp\/0011enya.pdf\" target=\"_blank\" rel=\"noopener\">\u6771\u30a2\u30b8\u30a2\u306b\u304a\u3051\u308b\u4f01\u696d\u91d1\u878d\u884c\u52d5\uff1a\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u304a\u3088\u3073\u6cd5\u74b0\u5883\u306b\u95a2\u3059\u308b\u5b9f\u8a3c\u5206\u6790<\/a><\/td>\n<td>\u5869\u8c37 \u96c5\u5f18<\/td>\n<td>September 2000<\/td>\n<\/tr>\n<tr>\n<td>00-10<\/td>\n<td><a href=\"..\/dp\/0010utaka.pdf\" target=\"_blank\" rel=\"noopener\">Confidence and the Real Economy: The Japanese Case<\/a><\/td>\n<td>Atsuo Utaka <\/td>\n<td>September 2000<\/td>\n<\/tr>\n<tr>\n<td>00-09<\/td>\n<td>Stock Prices in Japan Rise at Night<\/td>\n<td>Yoshiro Tsutsui<\/td>\n<td>August 2000<\/td>\n<\/tr>\n<tr>\n<td>00-08<\/td>\n<td>Geographical Segmentation<br \/>\n                                in Japanese Bank Loan Markets<\/td>\n<td>Masaji Kano, Yoshiro Tsutsui<\/td>\n<td>July 2000<\/td>\n<\/tr>\n<tr>\n<td>00-07<\/td>\n<td><a href=\"..\/dp\/y-hashimoto0007.pdf\" target=\"_blank\" rel=\"noopener\">\u5730\u57df\u30a2\u30c9\u30f4\u30a1\u30f3\u30c6\u30fc\u30b8\u3092\u3069\u3046\u898b\u308b\u304b<\/a><\/td>\n<td>\u6a4b\u672c \u4ecb\u4e09<\/td>\n<td>July 2000<\/td>\n<\/tr>\n<tr>\n<td>00-06<\/td>\n<td><a href=\"..\/dp\/banzawa0006.pdf\" target=\"_blank\" rel=\"noopener\">1850\u5e74\u4ee3\u521d\u982d\u30d7\u30ed\u30a4\u30bb\u30f3\u9244\u9053\u696d\u306b\u304a\u3051\u308b\uff62\u6c11\u4e3b\u4e3b\u7fa9\u7684\uff63\u8077\u54e1<\/a><\/td>\n<td>\u3070\u3093\u6fa4\u3000\u6b69<\/td>\n<td>June 2000<\/td>\n<\/tr>\n<tr>\n<td>00-05<\/td>\n<td><a href=\"..\/dp\/tanigawa0005.pdf\" target=\"_blank\" rel=\"noopener\">\u6307\u5024\u6ce8\u6587\u306e\u57f7\u884c\u78ba\u7387<\/a><\/td>\n<td>\u5b87\u91ce  \u6df3, \u5927\u6751  \u656c\u4e00, \u8c37\u5ddd  \u5be7\u5f66<\/td>\n<td>June 2000<\/td>\n<\/tr>\n<tr>\n<td>00-04<\/td>\n<td>\u8f38\u51fa\u81ea\u4e3b\u898f\u5236\u3068Yano\u52b9\u679c \uff0d\u9244\u92fc\u696d\u306e\u5834\u5408\uff0d<\/td>\n<td>\u79cb\u5c71  \u4fee\u4e00<\/td>\n<td>May 2000<\/td>\n<\/tr>\n<tr>\n<td>00-03<\/td>\n<td>Global Instability in Experimental General Equilibrium: The Scarf Example<\/td>\n<td>Christopher M. Anderson, Sander Granat, Charles R. Plott, Ken-Ichi Shimomura<\/td>\n<td>May 2000<\/td>\n<\/tr>\n<tr>\n<td>00-02<\/td>\n<td>Social-Welfare Improving Inequalization: A Note<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>April 2000<\/td>\n<\/tr>\n<tr>\n<td>00-01<\/td>\n<td>Invariance and Uniqueness of the Equilibrium with Private Proposition of Public Goods<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>February 2000<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div class=\"yearDp\">\n<h3 id=\"1999\" class=\"infoSubTitle\">1999\u5e74-1993\u5e74<\/h3>\n<table>\n<tbody>\n<tr>\n<td>99-17<\/td>\n<td>Bank Bailout, Moral Hazard, and Allocative Efficiency<\/td>\n<td>Yasuo Maeda, Akira Momota<\/td>\n<td>December 1999<\/td>\n<\/tr>\n<tr>\n<td>99-16<\/td>\n<td>A Stadard-based Solution to the Problem of Externalities when Enforecement is Imperfect<\/td>\n<td>Singo Nagamatsu<\/td>\n<td>December 1999<\/td>\n<\/tr>\n<tr>\n<td>99-15<\/td>\n<td>The Minimum utility Assumption in a Temporary General Equilibrium Model with Bankruptcy<\/td>\n<td>Akihiko Yoshimachi<\/td>\n<td>October 1999<\/td>\n<\/tr>\n<tr>\n<td>99-14<\/td>\n<td><a href=\"..\/dp\/9914.pdf\" target=\"_blank\" rel=\"noopener\">Escape from Locke: British Political Economists on Tax Incidence<\/a><\/td>\n<td>Takuo Dome<\/td>\n<td>October 1999<\/td>\n<\/tr>\n<tr>\n<td>99-13<\/td>\n<td>Appropriate Lag Specification for Daily Responses of International Stock Markets<\/td>\n<td>Yoshiro Tsutsui, Kenjiro Hirayama<\/td>\n<td>September 1999<\/td>\n<\/tr>\n<tr>\n<td>99-12<\/td>\n<td><a href=\"..\/dp\/9912.pdf\" target=\"_blank\" rel=\"noopener\">Efficient Lending and a New Aspect of Government Deposit Insurance Agency<\/a><\/td>\n<td>Toshiyuki Soma<\/td>\n<td>August 1999<\/td>\n<\/tr>\n<tr>\n<td>99-11<\/td>\n<td>\u4e2d\u56fd\u306e\u5bfe\u5916\u958b\u653e\u653f\u7b56\u306e\u73fe\u72b6\u306b\u3064\u3044\u3066\uff0d\u5927\u9023\u7d4c\u6e08\u6280\u8853\u958b\u767a\u533a\u3092\u4e2d\u5fc3\u306b\u3057\u305f\u4e8b\u4f8b\u5206\u6790\uff0d<\/td>\n<td>\u6a4b\u672c\u3000\u4ecb\u4e09, \u88d8\u3000\u6625\u6689<\/td>\n<td>August 1999<\/td>\n<\/tr>\n<tr>\n<td>99-10<\/td>\n<td><a href=\"..\/dp\/9910.pdf\" target=\"_blank\" rel=\"noopener\">An Application of Professors Galor&#8217;s and Tsiddon&#8217;s &#8220;Technological Progress, Mobility and Economic Growth&#8221;<\/a><\/td>\n<td>Shinji Miyake<\/td>\n<td>July 1999<\/td>\n<\/tr>\n<tr>\n<td>99-09<\/td>\n<td>Consumers&#8217; Different Preferences and Firms&#8217; Locations<\/td>\n<td>Naotaka Horio<\/td>\n<td>July 1999<\/td>\n<\/tr>\n<tr>\n<td>99-08<\/td>\n<td><a href=\"..\/dp\/9908.pdf\" target=\"_blank\" rel=\"noopener\">A Generalization of Continuity and Convexity Conditions for Correspondence in the Economic Equilibrium Theory<\/a><\/td>\n<td>Ken Urai, Takashi Hayashi<\/td>\n<td>May 1999<\/td>\n<\/tr>\n<tr>\n<td>99-07<\/td>\n<td>\u9707\u707d\u3068\u5bb6\u8a08\u8cc7\u7523\u306b\u95a2\u3059\u308b\u8003\u5bdf<\/td>\n<td>\u6c38\u677e\u3000\u4f38\u543e<\/td>\n<td>March 1999<\/td>\n<\/tr>\n<tr>\n<td>99-06<\/td>\n<td><a href=\"..\/dp\/9906.pdf\" target=\"_blank\" rel=\"noopener\">International Circumstances surrounding the Postwar Japanese Cotton Textile Industry<\/a><\/td>\n<td>Kaoru Sugihara<\/td>\n<td>March 1999<\/td>\n<\/tr>\n<tr>\n<td>99-05<\/td>\n<td>Public Investment Rule in a Continuously Growing Economy Reexamined<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>March 1999<\/td>\n<\/tr>\n<tr>\n<td>99-04<\/td>\n<td>Price Analysis of Tradable Emission Permits of CO2 by a Real Option Model<\/td>\n<td>Motoo Tsujimura<\/td>\n<td>March 1999<\/td>\n<\/tr>\n<tr>\n<td>99-03<\/td>\n<td>\u516c\u7684\u91d1\u878d\u306e\u5f79\u5272\u3068\u73fe\u72b6<\/td>\n<td>\u7b52\u4e95\u3000\u7fa9\u90ce<\/td>\n<td>March 1999<\/td>\n<\/tr>\n<tr>\n<td>99-02<\/td>\n<td>\u9280\u884c\u306e\u7d4c\u55b6\u5408\u7406\u5316<\/td>\n<td>\u7b52\u4e95\u3000\u7fa9\u90ce, \u7af9\u5185\u3000\u54f2\u6cbb, \u7c95\u8c37\u3000\u5b97\u4e45<\/td>\n<td>February 1999<\/td>\n<\/tr>\n<tr>\n<td>99-01<\/td>\n<td>General Equilibrium Analysis of Demand-Creating Activities<\/td>\n<td>Atsuo Utaka<\/td>\n<td>January 1999<\/td>\n<\/tr>\n<tr>\n<td>98-09<\/td>\n<td>Sir James Steuart on Taxation and Public Debt<\/td>\n<td>Takuo Dome<\/td>\n<td>October 1998<\/td>\n<\/tr>\n<tr>\n<td>98-08<\/td>\n<td>Estimation of the Common and Country-Specific Shock to Stock  Prices<\/td>\n<td>Yoshiro Tsutsui,  Kenjiro Hirayama<\/td>\n<td>September 1998<\/td>\n<\/tr>\n<tr>\n<td>98-07<\/td>\n<td>International Linkage of Stock Prices: Appropriate Lag Specification for Daily Observations<\/td>\n<td>Y. Tsutsui,  K. Hirayama<\/td>\n<td>July 1998<\/td>\n<\/tr>\n<tr>\n<td>98-06<\/td>\n<td>\u65e5\u672c\u7523\u696d\u306e\u69cb\u9020\u5909\u9769<\/td>\n<td>\u6a4b\u672c\u3000\u4ecb\u4e09<\/td>\n<td>July 1998<\/td>\n<\/tr>\n<tr>\n<td>98-05<\/td>\n<td>\u90fd\u5e02\u898f\u6a21\u3068\u3054\u307f\u8f29\u51fa\u50be\u5411\u306e\u5b9f\u8a3c\u5206\u6790<\/td>\n<td>\u5742\u7530\u3000\u88d5\u8f14, \u6a4b\u672c\u3000\u4ecb\u4e09<\/td>\n<td>July 1998<\/td>\n<\/tr>\n<tr>\n<td>98-04<\/td>\n<td>Establishing Group Dominance in Multicriteria Decision Problems with Incomplete Information<\/td>\n<td>Eiji Takeda,  Junko Satoh<\/td>\n<td>April 1998<\/td>\n<\/tr>\n<tr>\n<td>98-03<\/td>\n<td>An Extended DEA model: Appending and additional input to make all DMUs on the boundary<\/td>\n<td>Eiji Takeda<\/td>\n<td>March 1998<\/td>\n<\/tr>\n<tr>\n<td>98-02<\/td>\n<td>Invariance, Increase and Decrease: A Generalization and Comparative Statistics of the Warr&#8217;s Theorem<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>March 1998<\/td>\n<\/tr>\n<tr>\n<td>98-01<\/td>\n<td>An Estimation of the Investment Thresholds at Large Japanese Manufactures<\/td>\n<td>Yuzo Honda,  Kazuyuki Suzuki<\/td>\n<td>March 1998<\/td>\n<\/tr>\n<tr>\n<td>97-25<\/td>\n<td>\u4ecb\u8b77\u4fdd\u967a\u306e\u30de\u30af\u30ed\u7d4c\u6e08\u52b9\u679c\u3068\u305d\u306e\u904b\u55b6\u306b\u95a2\u3059\u308b\u4e00\u8003\u5bdf<\/td>\n<td>\u5927\u5b88\u3000\u3000\u9686 <\/td>\n<td>December 1997<\/td>\n<\/tr>\n<tr>\n<td>97-24<\/td>\n<td>Intensifying International Linkage of Stock Prices: Cointegration and VEC Analysis<\/td>\n<td>Kenjiro Hirayama,  Yoshiro Tsutsui<\/td>\n<td>December 1997<\/td>\n<\/tr>\n<tr>\n<td>97-23<\/td>\n<td>A Comparative Analysis of Human Resource Management Between Japan and Malaysia in Automanufacturing Companies<\/td>\n<td>Hooi Lai Wan<\/td>\n<td>December 1997<\/td>\n<\/tr>\n<tr>\n<td>97-22<\/td>\n<td>Education and Training in Automanufacturing Companies in Japan and Malaysia: A Comparative Analysis<\/td>\n<td>Hooi Lai Wan<\/td>\n<td>December 1997<\/td>\n<\/tr>\n<tr>\n<td>97-21<\/td>\n<td>\u4eca\u4e95\u4fdd\u592a\u90ce\u6c0f\u8ac7\u8a71\u9332<\/td>\n<td>\u963f\u90e8\u6b66\u53f8, \u4e2d\u6751\u9686\u82f1, \u8c37\u672c\u96c5\u4e4b<\/td>\n<td>November 1997<\/td>\n<\/tr>\n<tr>\n<td>97-20<\/td>\n<td>A Generalization of Continuity and Convexity Conditions for Correspondences in the Economic Equilibrium Theory<\/td>\n<td>Ken Urai,  Takashi Hayashi<\/td>\n<td>November 1997<\/td>\n<\/tr>\n<tr>\n<td>97-19<\/td>\n<td>Bentham and J.S. Mill on Tax Reform<\/td>\n<td>Takuo Dome<\/td>\n<td>October 1997<\/td>\n<\/tr>\n<tr>\n<td>97-18<\/td>\n<td>Ricard on Income Tax: A Note<\/td>\n<td>Takuo Dome <\/td>\n<td>October 1997<\/td>\n<\/tr>\n<tr>\n<td>97-17<\/td>\n<td>A Reconsideration on Public Investment Criterion<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>September 1997<\/td>\n<\/tr>\n<tr>\n<td>97-16<\/td>\n<td>\u56fd\u969b\u8cc4\u8cc2\u884c\u70ba\u898f\u5236\u3068\u6226\u7565\u7684\u8cbf\u6613\u653f\u7b56<\/td>\n<td>\u9ec4\u3000\u826f\u8ecd<\/td>\n<td>September 1997<\/td>\n<\/tr>\n<tr>\n<td>97-15<\/td>\n<td>\u30b1\u30a4\u30f3\u30ba\u3068\u73fe\u4ee3\u7d4c\u6e08\uff1a\u8cc7\u7523\u4fa1\u683c\u306e\u8996\u70b9\u304b\u3089\u306e\u5c55\u671b<\/td>\n<td>\u672c\u591a\u7950\u4e09<\/td>\n<td>September 1997<\/td>\n<\/tr>\n<tr>\n<td>97-14<\/td>\n<td>The Development of the Putting-out System in Modern Japan: The Case of Cotton Weaving Industry<\/td>\n<td>Takeshi Abe<\/td>\n<td>July 1997<\/td>\n<\/tr>\n<tr>\n<td>97-13<\/td>\n<td>The Effect of Incomplete Information on the Duopoly of R&amp;D Joint Ventures<\/td>\n<td>Yoshiro Iida<\/td>\n<td>July 1997<\/td>\n<\/tr>\n<tr>\n<td>97-12<\/td>\n<td>Threshold Effect in International Linkage of Stock Prices<\/td>\n<td>Kenjiro Hirayama, Yoshiro Tsutsui<\/td>\n<td>May 1997<\/td>\n<\/tr>\n<tr>\n<td>97-11<\/td>\n<td>An Empirical Investigation of Cost Efficiencies in Japanese banking: A Non-Parametric Approach<\/td>\n<td>Keiichi Hori<\/td>\n<td>April 1997<\/td>\n<\/tr>\n<tr>\n<td>97-10<\/td>\n<td>Restructuring &#8211; The New Zealand Experience<\/td>\n<td>Richard Mulgan<\/td>\n<td>April 1997<\/td>\n<\/tr>\n<tr>\n<td>97-09<\/td>\n<td>Financial Restructuring in Australia<\/td>\n<td>Kevin Davis<\/td>\n<td>April 1997<\/td>\n<\/tr>\n<tr>\n<td>97-08<\/td>\n<td>Privatization in Australia: the good, the bad and the awful<\/td>\n<td>Stephen P. King<\/td>\n<td>April 1997<\/td>\n<\/tr>\n<tr>\n<td>97-07<\/td>\n<td>Do Banks Diversify Portfolio Risk: A Test of the Risk Cost Hypothesis<\/td>\n<td>Sinnichi Hirota, Yoshiro Tsutsui<\/td>\n<td>March 1997<\/td>\n<\/tr>\n<tr>\n<td>97-06<\/td>\n<td>Factor-Market Distortion, Dynamic Stability and Perverse Effects Reconsidered<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>March 1997<\/td>\n<\/tr>\n<tr>\n<td>97-05<\/td>\n<td>Privatization of Japan National Railway<\/td>\n<td>Kenzo Takeuchi, Ryu Imahashi, Hirotaka Yamauchi<\/td>\n<td>March 1997<\/td>\n<\/tr>\n<tr>\n<td>97-04<\/td>\n<td>Tobin&#8217;s as an Indicator of Rent Incumbents<\/td>\n<td>Takashi Omori<\/td>\n<td>March 1997<\/td>\n<\/tr>\n<tr>\n<td>97-03<\/td>\n<td>Ricardo and J.S. Mill on Income Tax<\/td>\n<td>Takuo Dome<\/td>\n<td>February 1997<\/td>\n<\/tr>\n<tr>\n<td>97-02<\/td>\n<td>Some Implication of the Basle Accord: The Case Study of Japan<\/td>\n<td>Yuzo Honda<\/td>\n<td>January 1997<\/td>\n<\/tr>\n<tr>\n<td>97-01<\/td>\n<td>Japanese Life Insurance Industry in the Interwar Period<\/td>\n<td>Yoshiro Tstsui, M. Sekiguchi, Tsutomu Chano<\/td>\n<td>January 1997<\/td>\n<\/tr>\n<tr>\n<td>96-12<\/td>\n<td>A Bank Panic with a Bond Market<\/td>\n<td>Yasuo Maeda, Yoshikiyo Sakai<\/td>\n<td>December 1996<\/td>\n<\/tr>\n<tr>\n<td>96-11<\/td>\n<td>A Risk on Health  Conditions and an Efficiency of Social Security Systems<\/td>\n<td>Yasuo Maeda, Akira Momota<\/td>\n<td>December 1996<\/td>\n<\/tr>\n<tr>\n<td>96-10<\/td>\n<td>Labor Unionism and the Japanese Corporate Pension  System<\/td>\n<td>Yutaka Horiba, Kazuo Yoshida<\/td>\n<td>November 1996<\/td>\n<\/tr>\n<tr>\n<td>96-09<\/td>\n<td>Hierarchical Data Envelopment Analysis in Multicriteria Decision Problems<\/td>\n<td>Eiji Takeda, Junko Satoh<\/td>\n<td>October 1996<\/td>\n<\/tr>\n<tr>\n<td>96-08<\/td>\n<td>International Duopoly, Tariff Policies and the Case of Free Trade<\/td>\n<td>Yutaka Horiba, Shunichi Tsutsui<\/td>\n<td>October 1996<\/td>\n<\/tr>\n<tr>\n<td>96-07<\/td>\n<td>Technology Transfer and Management in East Asian Machine Tool Industries: Lesson Learned from the Japanese Machine Tool Industry<\/td>\n<td>Masatsugu Tsuji, Mineo Ishikawa, Makoto Ishikawa<\/td>\n<td>October 1996<\/td>\n<\/tr>\n<tr>\n<td>96-06<\/td>\n<td>Technology Management in Eastern Europe in an Era of Transition: The Case of Hungary and Bulgaria<\/td>\n<td>Makoto Ishikawa<\/td>\n<td>September 1996<\/td>\n<\/tr>\n<tr>\n<td>96-05<\/td>\n<td>Structure of Strong Substitutes<\/td>\n<td>Masatoshi Yamada<\/td>\n<td>September 1996<\/td>\n<\/tr>\n<tr>\n<td>96-04<\/td>\n<td>The Interdependence and Its Cause of Japanese and U.S. Stock Prices: An Analysis Base on the Returns of Trading and Non-Trading Periods<\/td>\n<td>Yoshiro Tsutsui<\/td>\n<td>September 1996<\/td>\n<\/tr>\n<tr>\n<td>96-03<\/td>\n<td>\u4e2d\u5c0f\u4f01\u696d\u96c6\u7a4d\u5730\u57df\u306e\u7d4c\u6e08\u5206\u6790  \uff0d\u5927\u7530\u533a\u3001\u71d5\u30fb\u4e09\u6761\u5730\u57df\u3001\u6771\u5927\u962a\u5730\u57df\u306e\u6bd4\u8f03\u5206\u6790\u3092\u4e2d\u5fc3\u306b\uff0d<\/td>\n<td>\u6a4b\u672c\u3000\u4ecb\u4e09, \u5c0f\u6797  \u4f38\u751f<\/td>\n<td>April 1996<\/td>\n<\/tr>\n<tr>\n<td>96-02<\/td>\n<td>Public Goods and the Transfer Paradox in an Overlapping Generations Model<\/td>\n<td>M. Yanagihara<\/td>\n<td>March 1996<\/td>\n<\/tr>\n<tr>\n<td>96-01<\/td>\n<td>Default and Renegotiation in Financial Distress in the Multiple Bank Model: An Analysis of the Main Bank System<\/td>\n<td>Hiroshi Osano<\/td>\n<td>March 1996<\/td>\n<\/tr>\n<tr>\n<td>95-18<\/td>\n<td>CES Family of Homothetic Preferences: Continuity with respect to parameters<\/td>\n<td>Hiroaki Nagatani<\/td>\n<td>December 1995<\/td>\n<\/tr>\n<tr>\n<td>95-17<\/td>\n<td>Index Fund and its Properties under Mean Square Error Tracking<\/td>\n<td>Yoshio Tabata<\/td>\n<td>December 1995<\/td>\n<\/tr>\n<tr>\n<td>95-16<\/td>\n<td>Policy Response to Business Survey Indicators: a Case Study of Japan<\/td>\n<td>Kanemi Ban<\/td>\n<td>November 1995<\/td>\n<\/tr>\n<tr>\n<td>95-15<\/td>\n<td>A Multiperiod 0-1 Mixed Integer Goal Programming Model (MMIGP) for Financing Problem<\/td>\n<td>Ali A.A. Rostamy, Yoshio Tabata<\/td>\n<td>November 1995<\/td>\n<\/tr>\n<tr>\n<td>95-14<\/td>\n<td>An Evolutionary Model of Corporate Governance and Employment Contracts<\/td>\n<td>Hiroshi Osano<\/td>\n<td>October 1995<\/td>\n<\/tr>\n<tr>\n<td>95-13<\/td>\n<td>The Impact of Changes in Defense Spending on the Japanese Economy<\/td>\n<td>Kanemi Ban<\/td>\n<td>September 1995<\/td>\n<\/tr>\n<tr>\n<td>95-12<\/td>\n<td>Skill Transfer and Economic Growth<\/td>\n<td>Katsuya Takii<\/td>\n<td>August 1995<\/td>\n<\/tr>\n<tr>\n<td>95-11<\/td>\n<td>\u91d1\u878d\u52b4\u50cd\u30b7\u30b9\u30c6\u30e0\u95a2\u4fc2\u306e\u5236\u5ea6\u7684\u88dc\u5b8c\u6027\u30fb\u591a\u69d8\u6027\u3068\u9032\u5316<\/td>\n<td>\u5c0f\u4f50\u91ce\u3000\u5e83<\/td>\n<td>August 1995<\/td>\n<\/tr>\n<tr>\n<td>95-10<\/td>\n<td>Accountability Approach versus Decision Usefulness Approach. \uff0dHow Different Are They? \uff0d<\/td>\n<td>Hiroji Takao<\/td>\n<td>December 1995<\/td>\n<\/tr>\n<tr>\n<td>95-09<\/td>\n<td>A Game Theoretic Characterization of Monetary Equilibria in Perfect Foresight Double Infinity Economies<\/td>\n<td>Ken Urai<\/td>\n<td>November 1995<\/td>\n<\/tr>\n<tr>\n<td>95-08<\/td>\n<td>Autoregressive Time Series<\/td>\n<td>Oya Kosuke<\/td>\n<td>July 1995<\/td>\n<\/tr>\n<tr>\n<td>95-07<\/td>\n<td>An Optimal Tax Scheme to Finance Social Security in a Model with Endogenous Longevity<\/td>\n<td>Yasuo Maeda, Nobuo Akai<\/td>\n<td>July 1995<\/td>\n<\/tr>\n<tr>\n<td>95-06<\/td>\n<td>Intercorporate Shareholdings and Corporate Control in the Japanese Firm<\/td>\n<td>Hiroshi Osano<\/td>\n<td>January 1995<\/td>\n<\/tr>\n<tr>\n<td>95-05<\/td>\n<td>\u65b0\u3057\u3044\u7af6\u4e89\uff1a \u7d44\u7e54\u3068\u5e02\u5834\u30c0\u30a4\u30ca\u30df\u30ba\u30e0<\/td>\n<td>\u6a4b\u672c \u4ecb\u4e09<\/td>\n<td>January 1995<\/td>\n<\/tr>\n<tr>\n<td>95-04<\/td>\n<td>\u660e\u6cbb\u524d\u671f\u306b\u304a\u3051\u308b\u80a5\u524d\u9676\u78c1\u5668\u696d\u306e\u8f38\u51fa\u6226\u7565<\/td>\n<td>\u5c71\u7530 \u96c4\u4e45<\/td>\n<td>January 1995<\/td>\n<\/tr>\n<tr>\n<td>95-03<\/td>\n<td>Japanese Stock Returns and Investment: A Test of Production-based Asset Pricing Model<\/td>\n<td>Keiichi Hori<\/td>\n<td>March 1995<\/td>\n<\/tr>\n<tr>\n<td>95-02<\/td>\n<td>\u5730\u57df\u9593\u74b0\u5883\u683c\u5dee\u306e\u7d4c\u6e08\u5206\u6790<\/td>\n<td>\u8d64\u4e95 \u4f38\u90ce, \u5927\u7af9 \u6587\u96c4<\/td>\n<td>February 1995<\/td>\n<\/tr>\n<tr>\n<td>95-01<\/td>\n<td>The Benchmark Issue Premium in the Japanese Government Bond Market: A Re-examination<\/td>\n<td>Yuichi Fukuta<\/td>\n<td>January 1995<\/td>\n<\/tr>\n<tr>\n<td>94-17<\/td>\n<td>Keiretsu, Competition, and Market Access<\/td>\n<td>Paul Sheard<\/td>\n<td>December 1994<\/td>\n<\/tr>\n<tr>\n<td>94-16<\/td>\n<td>A Comparison of Short-Term Interest Rate Models: Empirical Tests of Interest Rate Volatility<\/td>\n<td>Mikiyo Kii<\/td>\n<td>December 1994<\/td>\n<\/tr>\n<tr>\n<td>94-15<\/td>\n<td>Do Stock Prices Link with Futures and Options?: A Cointegration Analysis<\/td>\n<td>Mikiyo Kii<\/td>\n<td>December 1994<\/td>\n<\/tr>\n<tr>\n<td>94-14<\/td>\n<td>Price Relationships between Japanese Cities: Is Tokyo the Economic Epicenter of Japan?<\/td>\n<td>Shinji Takagi, Tomoaki Nagata<\/td>\n<td>November 1994<\/td>\n<\/tr>\n<tr>\n<td>94-13<\/td>\n<td>A Cointegration Test of Long-run Purchasing Power Parity between Major Japanese Cities, 1951-1991<\/td>\n<td>Shinji Takagi, Yushi Yoshida<\/td>\n<td>November 1994<\/td>\n<\/tr>\n<tr>\n<td>94-12<\/td>\n<td>On Efficient Estimation and Correct Inference in Models with Generated Regressors: A General Approach<\/td>\n<td>C. R. McKenzie, Michael McAleer<\/td>\n<td>November 1994<\/td>\n<\/tr>\n<tr>\n<td>94-11<\/td>\n<td>Breach of Contracts and Renegotiation in Corporate Takeovers<\/td>\n<td>Hiroshi Osano<\/td>\n<td>November 1994<\/td>\n<\/tr>\n<tr>\n<td>94-10<\/td>\n<td>LM Tests for Unit Roots in the Presence of Missing Observations<\/td>\n<td>Hiro Y. Toda, C.R. McKenzie<\/td>\n<td>November 1994<\/td>\n<\/tr>\n<tr>\n<td>94-09<\/td>\n<td>A Mechanism of Technology Development: The Case of the Japanese Textile Industry<\/td>\n<td>Yasuo Maeda<\/td>\n<td>October 1994<\/td>\n<\/tr>\n<tr>\n<td>94-08<\/td>\n<td>Price Tier Effects on Competitive Structure in Japan<\/td>\n<td>Ichiro Furukawa<\/td>\n<td>September 1994<\/td>\n<\/tr>\n<tr>\n<td>94-07<\/td>\n<td>Endogenous Life Spans<\/td>\n<td>Nobuo Akai<\/td>\n<td>September 1994<\/td>\n<\/tr>\n<tr>\n<td>94-06<\/td>\n<td>Obitani Shoten: The Strategy and Structure of a Cotton   Weaving Firm in the Sen&#8217;nan District of Osaka Prefecture<\/td>\n<td>Takeshi Abe<\/td>\n<td>August 1994<\/td>\n<\/tr>\n<tr>\n<td>94-05<\/td>\n<td>\u6226\u9593\u671f\u306e\u751f\u547d\u4fdd\u967a\u306e\u7523\u696d\u7d44\u7e54<\/td>\n<td>\u7b52\u4e95 \u7fa9\u90ce, \u95a2\u53e3 \u660c\u5f66, \u8336\u91ce  \u52aa<\/td>\n<td>March 1994<\/td>\n<\/tr>\n<tr>\n<td>94-04<\/td>\n<td>\u6771\u5357\u30a2\u30b8\u30a2\u767a\u5c55\u8ad6\u3092\u9867\u307f\u308b<\/td>\n<td>\u5b89\u5834 \u4fdd\u5409<\/td>\n<td>March 1994<\/td>\n<\/tr>\n<tr>\n<td>94-03<\/td>\n<td>\u65e5\u672c\u7d4c\u6e08\u53f2\u306b\u304a\u3051\u308b\u8cc7\u6e90\u30001800\uff5e1940<\/td>\n<td>\u5b89\u5834 \u4fdd\u5409<\/td>\n<td>March 1994<\/td>\n<\/tr>\n<tr>\n<td>94-02<\/td>\n<td>Optimality of a Competitive Equilibrium in a Small Open City with Congestion<\/td>\n<td>Nobuo Akai, Takashi Fukushima, Tatsuo Hatta<\/td>\n<td>March 1994<\/td>\n<\/tr>\n<tr>\n<td>94-01<\/td>\n<td>Some Empirical Evidence on Demand System and Optimal Commodity Taxation<\/td>\n<td>Seki Asano, Takashi Fukushima<\/td>\n<td>January 1994<\/td>\n<\/tr>\n<tr>\n<td>93-10<\/td>\n<td>Natural Resources in Japanese Economic History, 1800-1940<\/td>\n<td>Yasukichi Yasuba<\/td>\n<td>January 1993<\/td>\n<\/tr>\n<tr>\n<td>93-09<\/td>\n<td>Renegotiation-Proof Lotteries Equilibrium in an Economy with Private Information<\/td>\n<td>Hiroshi Osano<\/td>\n<td>December 1993<\/td>\n<\/tr>\n<tr>\n<td>93-08<\/td>\n<td>The Bicriteria Optimization Problem of Designing an Index Fund<\/td>\n<td>Yoshio Tabata, Eiji Takeda<\/td>\n<td>November 1993<\/td>\n<\/tr>\n<tr>\n<td>93-07<\/td>\n<td>\u7c73\u5e02\u5834\u958b\u653e\u306e\u9577\u671f\u8a08\u753b<\/td>\n<td>\u5b89\u5834 \u4fdd\u5409<\/td>\n<td>November 1993<\/td>\n<\/tr>\n<tr>\n<td>93-06<\/td>\n<td>\u4e0d\u6cc1\u3001\u65e5\u7c73\u95a2\u4fc2\u3068\u8ca1\u653f\u653f\u7b56<\/td>\n<td>\u5b89\u5834 \u4fdd\u5409<\/td>\n<td>November 1993<\/td>\n<\/tr>\n<tr>\n<td>93-05<\/td>\n<td>The Pricing Decisions of Japanese Firms: An Empirical Perspective<\/td>\n<td>Ichiro Furukawa<\/td>\n<td>January 1993<\/td>\n<\/tr>\n<tr>\n<td>93-04<\/td>\n<td>A Theory of Open Lotteries, Adverse Selection and the Pyramid<\/td>\n<td>Toshihiko Hayashi<\/td>\n<td>August 1993<\/td>\n<\/tr>\n<tr>\n<td>93-03<\/td>\n<td>Assessing Priority Weights from Subsets of Pairwise Comparisons in Multiple Criteria Optimization Problems<\/td>\n<td>Eiji Takeda, Po-Lung Yu<\/td>\n<td>September 1993<\/td>\n<\/tr>\n<tr>\n<td>93-02<\/td>\n<td>Fundamentals Uncertainty, Bubbles, and Exchange Rate Dynamics<\/td>\n<td>Shinsuke Ikeda, Akihisa Shibata<\/td>\n<td>October 1993<\/td>\n<\/tr>\n<tr>\n<td>93-01<\/td>\n<td>Network Dynamics: Competition and Welfare<\/td>\n<td>Toshihiko Hayashi<\/td>\n<td>August 1993<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>\u203b2010\u5e744\u67081\u65e5\u3088\u308aweb\u516c\u958b\u306e\u307f\u3068\u306a\u308a\u307e\u3057\u305f\u3002<\/p>\n<div id=\"downloadBox\" class=\"downloadBox\">\n<h3 class=\"infoSubTitle\">\u30c0\u30a6\u30f3\u30ed\u30fc\u30c9\u306b\u3064\u3044\u3066 \/ <br class=\"-u-PcNoneSpBlock\">Download Papers<\/h3>\n<p>\u30bf\u30a4\u30c8\u30eb\u306b\u30ea\u30f3\u30af\u306e\u3042\u308b\u30da\u30fc\u30d1\u30fc\u306fPDF\u5f62\u5f0f\u3067\u30c0\u30a6\u30f3\u30ed\u30fc\u30c9\u53ef\u80fd\u3067\u3059\u3002PDF\u30d5\u30a1\u30a4\u30eb\u3092\u3054\u89a7\u3044\u305f\u3060\u304f\u305f\u3081\u306b\u306fAcrobat Reader\u304c\u5fc5\u8981\u3068\u306a\u308a\u307e\u3059\u3002Acrobat Reader\u3092\u304a\u6301\u3061\u3067\u306a\u3044\u65b9\u306f\u4e0b\u8a18\u304b\u3089\u30c0\u30a6\u30f3\u30ed\u30fc\u30c9\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n<p>The most recent papers allow you to download the whole text as PDF file. Click on the papers title  to view the text.<br \/>\n          Adobe Acrobat Reader is required to view the PDF format.<\/p>\n<p><a href=\"https:\/\/get.adobe.com\/jp\/reader\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-content\/themes\/osaka-gakkai\/dist\/assets\/img\/pdf_link.png\" alt=\"\"> <\/a><\/p>\n<\/p><\/div>\n<div id=\"copyrightBox\" class=\"copyrightBox\">\n<h3 class=\"infoSubTitle\">\u8457\u4f5c\u6a29\u306b\u3064\u3044\u3066 \/ Copyright<\/h3>\n<p>\u3053\u306e\u30da\u30fc\u30b8\u306b\u63b2\u8f09\u3055\u308c\u3066\u3044\u308b\u30c7\u30a3\u30b9\u30ab\u30c3\u30b7\u30e7\u30f3\u30da\u30fc\u30d1\u30fc\u306e\u8457\u4f5c\u6a29\u306f\u305d\u308c\u305e\u308c\u306e\u8457\u8005\u306b\u5e30\u5c5e\u3057\u307e\u3059\u3002\u8457\u4f5c\u6a29\u8005\u306b\u7121\u65ad\u3067\u5185\u5bb9\u306e\u4e00\u90e8\u307e\u305f\u306f\u5168\u90e8\u3092\u8907\u5199\u30fb\u8ee2\u8f09\u3059\u308b\u3053\u3068\u306f\u3067\u304d\u307e\u305b\u3093\u3002<\/p>\n<p>Copyright to each paper in the archive remains with the authors or their assignees. No reproduction or republication without written permission.<\/p>\n<\/p><\/div>\n<\/section>\n<p><\/main><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discussion Papers in Economics and BusinessGraduate School of Economics, The University of Osaka \u6295\u7a3f\u306b\u3064\u3044\u3066Informa [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-json\/wp\/v2\/pages\/28"}],"collection":[{"href":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-json\/wp\/v2\/comments?post=28"}],"version-history":[{"count":96,"href":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-json\/wp\/v2\/pages\/28\/revisions"}],"predecessor-version":[{"id":673,"href":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-json\/wp\/v2\/pages\/28\/revisions\/673"}],"wp:attachment":[{"href":"https:\/\/www2.econ.osaka-u.ac.jp\/econ_society\/wp-json\/wp\/v2\/media?parent=28"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}