Details about Taiji Harashima

Access statistics for papers by Taiji Harashima.

Last updated 2025-02-09. Update your information in the RePEc Author Service.

Short-id: pha242

Working Papers

2025

1. Numerical Simulation of Economic Inequality Widened by the Persistent Effects of Temporary Rent Income
   MPRA Paper, University Library of Munich, Germany

2024

2. Disinformation and Mutual Trust: An Economic Model
   MPRA Paper, University Library of Munich, Germany
3. Economic Utility Obtained from “Sense of Play”: Marketing in Evolution toward “Play-Oriented Economies”
   MPRA Paper, University Library of Munich, Germany
4. Macroeconomics Is Still Useful and Necessary: A Mechanism to Explain the Condition when Strict Convexity is Unsatisfied
   MPRA Paper, University Library of Munich, Germany
5. Numerical Simulation of Economic Depression
   MPRA Paper, University Library of Munich, Germany

2023

6. An Economic Theory of Disinformation
   MPRA Paper, University Library of Munich, Germany View citations (1)
7. Economic Rents Extracted in the Process of Consumption
   MPRA Paper, University Library of Munich, Germany
8. Numerical Simulation of Reaching a Steady State: Effects of Economic Rents on Development of Economic Inequality
   MPRA Paper, University Library of Munich, Germany View citations (1)
9. Numerical Simulation of an Endogenously Growing Economy and Its Balanced Growth Path
   MPRA Paper, University Library of Munich, Germany
10. Numerical Simulations of How Economic Inequality Increases in Democratic Countries
    MPRA Paper, University Library of Munich, Germany View citations (1)
11. Secular Increase in Economic Inequality Accompanying a Constant Output/Capital Ratio
    MPRA Paper, University Library of Munich, Germany

2022

12. A Household’s Preferences Vary Depending on Whether Incomes Are Permanent or Temporary: A Solution to the Time-Inconsistency Problem and Equity-Premium Puzzle
    MPRA Paper, University Library of Munich, Germany
13. Asymmetric Information and Ranked Information Are Equivalent in Making Information Utilization Heterogeneous
    MPRA Paper, University Library of Munich, Germany View citations (1)
14. How Many Innovations Need to Be Produced in the Process of Endogenous Growth with Fluid Intelligence
    MPRA Paper, University Library of Munich, Germany
15. Numerical Simulations of Reaching a Steady State: No Need to Generate Any Rational Expectations
    MPRA Paper, University Library of Munich, Germany

2021

16. An Economic Theory of Education Externalities: Effects of Education Capital
    MPRA Paper, University Library of Munich, Germany
17. Consequence of Heterogeneous Economic Rents under the MDC-based Procedure
    MPRA Paper, University Library of Munich, Germany View citations (6)
18. Economic Inequality and Heterogeneous Success Rates of Investment
    MPRA Paper, University Library of Munich, Germany View citations (2)
19. Mechanisms that Make Economic Inequality Increase in Democratic Countries
    MPRA Paper, University Library of Munich, Germany
20. The Root Cause of Sovereign Default
    MPRA Paper, University Library of Munich, Germany

2020

21. A Mechanism of Recession that Accompanies Persistent Pareto Inefficiency
    MPRA Paper, University Library of Munich, Germany
22. A Theory of the Credit-to-GDP Gap: Using Credit Gaps to Predict Financial Crises
    MPRA Paper, University Library of Munich, Germany
23. An Alternative Rationale for the Necessity of an Inheritance Tax
    MPRA Paper, University Library of Munich, Germany
24. Economic Inequality Exacerbated by Economic Rents from Exploitative Contracting
    MPRA Paper, University Library of Munich, Germany
25. Rethinking the Ability-to-Pay and Equal Sacrifice Principles of Taxation: An Alternative Rationale for a Progressive Income Tax
    MPRA Paper, University Library of Munich, Germany
26. Why Is Risk Aversion Essentially Important for Endogenous Economic Growth?
    MPRA Paper, University Library of Munich, Germany View citations (2)

2019

27. A Pareto Inefficient Path to Steady State in Recession
    MPRA Paper, University Library of Munich, Germany
28. A Theory of Inflation: The Law of Motion for Inflation under the MDC-based Procedure
    MPRA Paper, University Library of Munich, Germany
    Also in MPRA Paper, University Library of Munich, Germany (2019) View citations (1)
29. Preventing Widening Inequality: Economic Rents and Sustainable Heterogeneity
    MPRA Paper, University Library of Munich, Germany
30. The Correlation between Time Preference and Incomes Is Spurious: They Are Bridged by Fluid Intelligence
    MPRA Paper, University Library of Munich, Germany
31. Why Is Executive Compensation So High? A Model of Executive Compensation
    MPRA Paper, University Library of Munich, Germany

2018

32. An Acceleration Mechanism of Within-Country Inequality by Globalization
    MPRA Paper, University Library of Munich, Germany
33. Bubbles and Bluffs: Risk Lovers Can Survive Economically
    MPRA Paper, University Library of Munich, Germany View citations (1)
34. Do Households Actually Generate Rational Expectations? “Invisible Hand” for Steady State
    MPRA Paper, University Library of Munich, Germany View citations (5)
35. Superstars in Team Sports: An Economic Model
    MPRA Paper, University Library of Munich, Germany
36. Why Are Inflation and Real Interest Rates So Low? A Mechanism of Low and Floating Real Interest and Inflation Rates
    MPRA Paper, University Library of Munich, Germany

2017

37. A Theory on the Economic Impacts of Immigration
    MPRA Paper, University Library of Munich, Germany View citations (2)
38. Should a Government Fiscally Intervene in a Recession and, If So, How?
    MPRA Paper, University Library of Munich, Germany
39. The Mechanism behind Product Differentiation: An Economic Model
    MPRA Paper, University Library of Munich, Germany View citations (3)
    See also Journal Article The Mechanism behind Product Differentiation An Economic Model, Journal of Advanced Research in Management, ASERS Publishing (2017) View citations (3) (2017)
40. Wage Inequality and Innovative Intelligence-Biased Technological Change
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article WAGE INEQUALITY AND INNOVATIVE INTELLIGENCE-BIASED TECHNOLOGICAL CHANGE, Theoretical and Practical Research in the Economic Fields, ASERS Publishing (2018) (2018)

2016

41. A Theory of Deflation: Can Expectations Be Influenced by a Central Bank?
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article A THEORY OF DEFLATION: CAN EXPECTATIONS BE INFLUENCED BY A CENTRAL BANK?, Theoretical and Practical Research in the Economic Fields, ASERS Publishing (2016) (2016)
42. Live and Let Live: Sustainable Heterogeneity Will Generally Prevail
    MPRA Paper, University Library of Munich, Germany
43. Ranking Value and Preference: A Model of Superstardom
    MPRA Paper, University Library of Munich, Germany View citations (14)
44. The Cause of the Great Recession: What Caused the Downward Shift of the GDP Trend in the United States?
    MPRA Paper, University Library of Munich, Germany View citations (5)
45. The Impending Long March of the Chinese Economy
    MPRA Paper, University Library of Munich, Germany

2015

46. A Way Out of the Euro Crisis: Fiscal Transfers Are Indispensable for Sustainability in a Union with Heterogeneous Members
    MPRA Paper, University Library of Munich, Germany View citations (3)
47. Bubbles, Bluffs, and Greed
    MPRA Paper, University Library of Munich, Germany View citations (3)
48. The Rate of Time Preference of Government
    MPRA Paper, University Library of Munich, Germany View citations (1)
49. Why Has the U.S. Current Account Deficit Persisted? International Sustainable Heterogeneity under Floating Exchange Rates
    MPRA Paper, University Library of Munich, Germany View citations (1)

2014

50. Division of Work and Fragmented Information: An Explanation for the Diminishing Marginal Product of Labor
    MPRA Paper, University Library of Munich, Germany
51. The Representative Household Assumption Requires sustainable Heterogeneity in Dynamic Models
    MPRA Paper, University Library of Munich, Germany View citations (6)
52. Time Preference Shocks
    MPRA Paper, University Library of Munich, Germany View citations (8)

2013

53. Escaping a Liquidity Trap: Keynes’ Prescription Is Right But His Reasoning Is Wrong
    MPRA Paper, University Library of Munich, Germany View citations (4)
54. Sustainable Heterogeneity in Exogenous Growth Models: The Socially Optimal Distribution by Government’s Intervention
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article SUSTAINABLE HETEROGENEITY IN EXOGENOUS GROWTH MODELS. THE SOCIALLY OPTIMAL DISTRIBUTION BY GOVERNMENT’S INTERVENTION, Theoretical and Practical Research in the Economic Fields, ASERS Publishing (2014) View citations (5) (2014)
55. The Phillips Curve and a Micro-foundation of Trend Inflation
    MPRA Paper, University Library of Munich, Germany View citations (1)
    See also Journal Article THE PHILLIPS CURVE AND A MICRO-FOUNDATION OF TREND INFLATION, Theoretical and Practical Research in the Economic Fields, ASERS Publishing (2013) View citations (1) (2013)

2012

56. A Theory of Intelligence and Total Factor Productivity: Value Added Reflects the Fruits of Fluid Intelligence
    MPRA Paper, University Library of Munich, Germany View citations (6)
57. Sustainable Heterogeneity as the Unique Socially Optimal Allocation for Almost All Social Welfare Functions
    MPRA Paper, University Library of Munich, Germany View citations (22)

2011

58. A Mechanism of Cyclical Volatility in the Vacancy-Unemployment Ratio: What Is the Source of Rigidity?
    MPRA Paper, University Library of Munich, Germany View citations (2)
59. A Mechanism of Inflation Differentials and Current Account Imbalances in the Euro Area
    MPRA Paper, University Library of Munich, Germany View citations (4)
60. A Model of Total Factor Productivity Built on Hayek’s View of Knowledge: What Really Went Wrong with Socialist Planned Economies?
    MPRA Paper, University Library of Munich, Germany View citations (4)

2010

61. An Asymptotically Non-Scale Endogenous Growth Model
    MPRA Paper, University Library of Munich, Germany View citations (3)
62. Sustainable Heterogeneity: Inequality, Growth, and Social Welfare in a Heterogeneous Population
    MPRA Paper, University Library of Munich, Germany View citations (38)

2009

63. A Theory of Total Factor Productivity and the Convergence Hypothesis: Workers’ Innovations as an Essential Element
    MPRA Paper, University Library of Munich, Germany View citations (18)
64. Depression as a Nash Equilibrium Consisting of Strategies of Choosing a Pareto Inefficient Transition Path
    MPRA Paper, University Library of Munich, Germany View citations (12)
65. Endogenous Growth Models in Open Economies: A Possibility of Permanent Current Account Deficits
    MPRA Paper, University Library of Munich, Germany View citations (1)
    Also in International Trade, University Library of Munich, Germany (2005) View citations (1)
66. Trade Liberalization and Heterogeneous Rates of Time Preference across Countries: A Possibility of Trade Deficits with China
    MPRA Paper, University Library of Munich, Germany View citations (3)

2008

67. A Microfounded Mechanism of Observed Substantial Inflation Persistence
    MPRA Paper, University Library of Munich, Germany View citations (9)

2007

68. Hyperinflation, disinflation, deflation, etc.: A unified and micro-founded explanation for inflation
    MPRA Paper, University Library of Munich, Germany View citations (3)
69. The Optimal Quantity of Money Consistent with Positive Nominal Interest Rates
    MPRA Paper, University Library of Munich, Germany View citations (5)
70. Why should central banks be independent?
    MPRA Paper, University Library of Munich, Germany View citations (4)

2006

71. The Sustainability of Budget Deficits in an Inflationary Economy
    MPRA Paper, University Library of Munich, Germany View citations (10)

2005

72. A New Asymptotically Non-Scale Endogenous Growth Model
    Development and Comp Systems, University Library of Munich, Germany View citations (1)
73. An Estimate of the Elasticity of Intertemporal Substitution in a Production Economy
    Macroeconomics, University Library of Munich, Germany View citations (3)
74. The Cause of the Great Inflation: Interactions between the Government and the Monetary Policymakers
    Macroeconomics, University Library of Munich, Germany View citations (9)
75. The Pro-cyclical R&D Puzzle: Technology Shocks and Pro-cyclical R&D Expenditure
    Macroeconomics, University Library of Munich, Germany View citations (3)
76. The Ultimate Source of Inflation: A Microfoundation of the Fiscal Theory of the Price Level
    Macroeconomics, University Library of Munich, Germany View citations (15)
77. Trade Liberalization and Heterogeneous Time Preference across Countries: A Possibility of Trade Deficits with China
    International Trade, University Library of Munich, Germany View citations (2)

2004

78. A More Realistic Endogenous Time Preference Model and the Slump in Japan
    Macroeconomics, University Library of Munich, Germany View citations (13)
79. A Possibility of Protracted Output Gaps in an Economy without Any Rigidity
    Microeconomics, University Library of Munich, Germany View citations (3)
80. The Bad Government: A Source of Uncertainty and Business Fluctuations
    Microeconomics, University Library of Munich, Germany

Journal Articles

2018

1. WAGE INEQUALITY AND INNOVATIVE INTELLIGENCE-BIASED TECHNOLOGICAL CHANGE
   Theoretical and Practical Research in the Economic Fields, 2018, 9, (1), 17-24
   See also Working Paper Wage Inequality and Innovative Intelligence-Biased Technological Change, MPRA Paper (2017) (2017)

2017

2. The Mechanism behind Product Differentiation An Economic Model
   Journal of Advanced Research in Management, 2017, 8, (2), 95-111 View citations (3)
   See also Working Paper The Mechanism behind Product Differentiation: An Economic Model, MPRA Paper (2017) View citations (3) (2017)

2016

3. A THEORY OF DEFLATION: CAN EXPECTATIONS BE INFLUENCED BY A CENTRAL BANK?
   Theoretical and Practical Research in the Economic Fields, 2016, 7, (2), 98-145
   See also Working Paper A Theory of Deflation: Can Expectations Be Influenced by a Central Bank?, MPRA Paper (2016) (2016)

2014

4. SUSTAINABLE HETEROGENEITY IN EXOGENOUS GROWTH MODELS. THE SOCIALLY OPTIMAL DISTRIBUTION BY GOVERNMENT’S INTERVENTION
   Theoretical and Practical Research in the Economic Fields, 2014, 5, (1), 73-100 View citations (5)
   See also Working Paper Sustainable Heterogeneity in Exogenous Growth Models: The Socially Optimal Distribution by Government’s Intervention, MPRA Paper (2013) (2013)

2013

5. THE PHILLIPS CURVE AND A MICRO-FOUNDATION OF TREND INFLATION
   Theoretical and Practical Research in the Economic Fields, 2013, 4, (2), 151-182 View citations (1)
   See also Working Paper The Phillips Curve and a Micro-foundation of Trend Inflation, MPRA Paper (2013) View citations (1) (2013)