Details about Taiji Harashima

Access statistics for papers by Taiji Harashima.

Last updated 2023-11-08. Update your information in the RePEc Author Service.

Short-id: pha242

Working Papers

2023

1. An Economic Theory of Disinformation
   MPRA Paper, University Library of Munich, Germany
2. Economic Rents Extracted in the Process of Consumption
   MPRA Paper, University Library of Munich, Germany
3. 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)
4. Numerical Simulations of How Economic Inequality Increases in Democratic Countries
   MPRA Paper, University Library of Munich, Germany
5. Secular Increase in Economic Inequality Accompanying a Constant Output/Capital Ratio
   MPRA Paper, University Library of Munich, Germany

2022

6. 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
7. Asymmetric Information and Ranked Information Are Equivalent in Making Information Utilization Heterogeneous
   MPRA Paper, University Library of Munich, Germany
8. How Many Innovations Need to Be Produced in the Process of Endogenous Growth with Fluid Intelligence
   MPRA Paper, University Library of Munich, Germany
9. Numerical Simulations of Reaching a Steady State: No Need to Generate Any Rational Expectations
   MPRA Paper, University Library of Munich, Germany

2021

10. An Economic Theory of Education Externalities: Effects of Education Capital
    MPRA Paper, University Library of Munich, Germany
11. Consequence of Heterogeneous Economic Rents under the MDC-based Procedure
    MPRA Paper, University Library of Munich, Germany View citations (4)
12. Economic Inequality and Heterogeneous Success Rates of Investment
    MPRA Paper, University Library of Munich, Germany View citations (1)
13. Mechanisms that Make Economic Inequality Increase in Democratic Countries
    MPRA Paper, University Library of Munich, Germany
14. The Root Cause of Sovereign Default
    MPRA Paper, University Library of Munich, Germany

2020

15. A Mechanism of Recession that Accompanies Persistent Pareto Inefficiency
    MPRA Paper, University Library of Munich, Germany
16. A Theory of the Credit-to-GDP Gap: Using Credit Gaps to Predict Financial Crises
    MPRA Paper, University Library of Munich, Germany
17. An Alternative Rationale for the Necessity of an Inheritance Tax
    MPRA Paper, University Library of Munich, Germany
18. Economic Inequality Exacerbated by Economic Rents from Exploitative Contracting
    MPRA Paper, University Library of Munich, Germany
19. 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
20. Why Is Risk Aversion Essentially Important for Endogenous Economic Growth?
    MPRA Paper, University Library of Munich, Germany View citations (1)

2019

21. A Pareto Inefficient Path to Steady State in Recession
    MPRA Paper, University Library of Munich, Germany
22. 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)
23. Preventing Widening Inequality: Economic Rents and Sustainable Heterogeneity
    MPRA Paper, University Library of Munich, Germany
24. The Correlation between Time Preference and Incomes Is Spurious: They Are Bridged by Fluid Intelligence
    MPRA Paper, University Library of Munich, Germany
25. Why Is Executive Compensation So High? A Model of Executive Compensation
    MPRA Paper, University Library of Munich, Germany

2018

26. An Acceleration Mechanism of Within-Country Inequality by Globalization
    MPRA Paper, University Library of Munich, Germany
27. Bubbles and Bluffs: Risk Lovers Can Survive Economically
    MPRA Paper, University Library of Munich, Germany View citations (1)
28. Do Households Actually Generate Rational Expectations? “Invisible Hand” for Steady State
    MPRA Paper, University Library of Munich, Germany View citations (4)
29. Superstars in Team Sports: An Economic Model
    MPRA Paper, University Library of Munich, Germany
30. 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

31. A Theory on the Economic Impacts of Immigration
    MPRA Paper, University Library of Munich, Germany View citations (2)
32. Should a Government Fiscally Intervene in a Recession and, If So, How?
    MPRA Paper, University Library of Munich, Germany
33. The Mechanism behind Product Differentiation: An Economic Model
    MPRA Paper, University Library of Munich, Germany View citations (2)
    See also Journal Article in Journal of Advanced Research in Management (2017)
34. Wage Inequality and Innovative Intelligence-Biased Technological Change
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article in Theoretical and Practical Research in the Economic Fields (2018)

2016

35. A Theory of Deflation: Can Expectations Be Influenced by a Central Bank?
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article in Theoretical and Practical Research in the Economic Fields (2016)
36. Live and Let Live: Sustainable Heterogeneity Will Generally Prevail
    MPRA Paper, University Library of Munich, Germany
37. Ranking Value and Preference: A Model of Superstardom
    MPRA Paper, University Library of Munich, Germany View citations (11)
38. 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 (4)
39. The Impending Long March of the Chinese Economy
    MPRA Paper, University Library of Munich, Germany

2015

40. 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)
41. Bubbles, Bluffs, and Greed
    MPRA Paper, University Library of Munich, Germany View citations (3)
42. The Rate of Time Preference of Government
    MPRA Paper, University Library of Munich, Germany View citations (1)
43. 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

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

2013

47. Escaping a Liquidity Trap: Keynes’ Prescription Is Right But His Reasoning Is Wrong
    MPRA Paper, University Library of Munich, Germany View citations (4)
48. 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 in Theoretical and Practical Research in the Economic Fields (2014)
49. The Phillips Curve and a Micro-foundation of Trend Inflation
    MPRA Paper, University Library of Munich, Germany View citations (1)
    See also Journal Article in Theoretical and Practical Research in the Economic Fields (2013)

2012

50. 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 (5)
51. Sustainable Heterogeneity as the Unique Socially Optimal Allocation for Almost All Social Welfare Functions
    MPRA Paper, University Library of Munich, Germany View citations (20)

2011

52. 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)
53. A Mechanism of Inflation Differentials and Current Account Imbalances in the Euro Area
    MPRA Paper, University Library of Munich, Germany View citations (4)
54. 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

55. An Asymptotically Non-Scale Endogenous Growth Model
    MPRA Paper, University Library of Munich, Germany View citations (3)
56. Sustainable Heterogeneity: Inequality, Growth, and Social Welfare in a Heterogeneous Population
    MPRA Paper, University Library of Munich, Germany View citations (35)

2009

57. 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 (17)
58. Depression as a Nash Equilibrium Consisting of Strategies of Choosing a Pareto Inefficient Transition Path
    MPRA Paper, University Library of Munich, Germany View citations (10)
59. 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)
60. 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

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

2007

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

2006

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

2005

66. A New Asymptotically Non-Scale Endogenous Growth Model
    Development and Comp Systems, University Library of Munich, Germany View citations (1)
67. An Estimate of the Elasticity of Intertemporal Substitution in a Production Economy
    Macroeconomics, University Library of Munich, Germany View citations (3)
68. The Cause of the Great Inflation: Interactions between the Government and the Monetary Policymakers
    Macroeconomics, University Library of Munich, Germany View citations (9)
69. The Pro-cyclical R&D Puzzle: Technology Shocks and Pro-cyclical R&D Expenditure
    Macroeconomics, University Library of Munich, Germany View citations (3)
70. The Ultimate Source of Inflation: A Microfoundation of the Fiscal Theory of the Price Level
    Macroeconomics, University Library of Munich, Germany View citations (15)
71. 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

72. A More Realistic Endogenous Time Preference Model and the Slump in Japan
    Macroeconomics, University Library of Munich, Germany View citations (13)
73. A Possibility of Protracted Output Gaps in an Economy without Any Rigidity
    Microeconomics, University Library of Munich, Germany View citations (2)
74. 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 (2017)

2017

2. The Mechanism behind Product Differentiation An Economic Model
   Journal of Advanced Research in Management, 2017, 8, (2), 95-111 View citations (2)
   See also Working Paper (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 (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 (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 (2013)