Details about Akihisa Shibata

Access statistics for papers by Akihisa Shibata.

Last updated 2023-01-12. Update your information in the RePEc Author Service.

Short-id: psh188

Working Papers

2022

1. Technology Choice, Externalities in Production, and Chaotic Middle-Income Traps
   KIER Working Papers, Kyoto University, Institute of Economic Research

2021

2. Financial Destabilization
   KIER Working Papers, Kyoto University, Institute of Economic Research
   Also in Discussion Papers, Graduate School of Economics, Kobe University (2021)
   Discussion Paper Series, School of Economics, Kwansei Gakuin University (2021)
   See also Journal Article in Journal of Mathematical Economics (2022)
3. Polarization and Permanent Fluctuations: Quasi-Periodic Motions in a Two-Class OLG Model (Revised version with a new title "Quasi-Periodic Motions in a Polarized Overlapping Generations Model with Technology Choice." KIER DP No.1070）
   KIER Working Papers, Kyoto University, Institute of Economic Research
4. Quasi-Periodic Motions in a Polarized Overlapping Generations Model with Technology Choice
   KIER Working Papers, Kyoto University, Institute of Economic Research View citations (1)

2020

5. Asset Bubbles, Unemployment, and Financial Market Frictions
   Discussion Papers, Graduate School of Economics, Kobe University View citations (2)
   Also in KIER Working Papers, Kyoto University, Institute of Economic Research (2020) View citations (2)
   ISER Discussion Paper, Institute of Social and Economic Research, Osaka University (2020) View citations (2)
   Discussion Paper Series, School of Economics, Kwansei Gakuin University (2020) View citations (2)
   See also Journal Article in Economic Inquiry (2022)
6. Free Trade Agreements with Environmental Standards
   KIER Working Papers, Kyoto University, Institute of Economic Research View citations (1)
   Also in Boston College Working Papers in Economics, Boston College Department of Economics (2018) View citations (1)
7. Middle-Income Traps and Complexity in Economic Development
   KIER Working Papers, Kyoto University, Institute of Economic Research View citations (3)

2018

8. Current Account Dynamics under Information Rigidity and Imperfect Capital Mobility
   ISER Discussion Paper, Institute of Social and Economic Research, Osaka University
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2018)
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2018)
   ESRI Discussion paper series, Economic and Social Research Institute (ESRI) (2018)
   See also Journal Article in Journal of International Money and Finance (2019)

2017

9. Asset Bubbles, Technology Choice, and Financial Crises
   Discussion Paper Series, School of Economics, Kwansei Gakuin University

2014

10. Overconfidence, Underconfidence, and Welfare
    KIER Working Papers, Kyoto University, Institute of Economic Research
    See also Journal Article in Journal of Institutional and Theoretical Economics (JITE) (2015)

2013

11. Taxing capital is a good idea: the role of idiosyncratic risk in an OLG model
    KIER Working Papers, Kyoto University, Institute of Economic Research View citations (2)
    See also Journal Article in Journal of Economic Dynamics and Control (2015)

2012

12. Asset bubbles, economic growth, and a self-fulfilling financial crisis: a dynamic general equilibrium model of infinitely lived heterogeneous agents
    MPRA Paper, University Library of Munich, Germany View citations (1)
13. Business Cycles and Financial Crises: A Model of Entrepreneurs and Financiers
    MPRA Paper, University Library of Munich, Germany
14. Financial Globalization and Animal Spirits
    MPRA Paper, University Library of Munich, Germany

2011

15. Asset Bubbles, Credit Market Imperfections, and Technology Choice
    KIER Working Papers, Kyoto University, Institute of Economic Research View citations (2)
    See also Journal Article in Economics Letters (2012)
16. Collateral Constraints and Legal Protection of Lenders: A Macroeconomic Perspective
    MPRA Paper, University Library of Munich, Germany
17. Endogenous Growth and Fluctuations in an Overlapping Generations Economy with Credit Market Imperfections
    MPRA Paper, University Library of Munich, Germany View citations (8)
    See also Journal Article in Asia-Pacific Journal of Accounting & Economics (2011)
18. Finance and Inequality: How Does Globalization Change Their Relationship?
    MPRA Paper, University Library of Munich, Germany View citations (1)
    See also Journal Article in Macroeconomic Dynamics (2014)

2010

19. Risk and Uncertainty in Health Investment
    KIER Working Papers, Kyoto University, Institute of Economic Research
    See also Journal Article in The European Journal of Health Economics (2011)

2009

20. Dynamic game model of endogenous growth with consumption externalities
    MPRA Paper, University Library of Munich, Germany View citations (2)
    Also in Keio/Kyoto Joint Global COE Discussion Paper Series, Keio/Kyoto Joint Global COE Program (2008)
    See also Journal Article in Journal of Optimization Theory and Applications (2010)

2007

21. International and Intergenerational Aspects of Capital Income Taxation in an Endogenously Growing World Economy
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
    See also Journal Article in Review of International Economics (2008)

2006

22. Capital Income Taxation and Specialization Patterns: Investment Tax vs. Saving Tax
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University
    Also in KIER Working Papers, Kyoto University, Institute of Economic Research (2006)
23. The Role of Expectations in a Specialization-driven Growth Model with Endogenous Technology Choice
    KIER Working Papers, Kyoto University, Institute of Economic Research
    See also Journal Article in Division of Labor & Transaction Costs (DLTC) (2006)

2003

24. Budget Deficits and Economic Growth
    Discussion Paper, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University View citations (3)
    See also Journal Article in Public Finance = Finances publiques (1998)
25. Credit Constraints and the Current Account: A Test for the Japanese Economy
    KIER Working Papers, Kyoto University, Institute of Economic Research
    See also Journal Article in Journal of International Money and Finance (2005)
26. Time Patience Does Not Lead to a Capital-intensive Nation
    KIER Working Papers, Kyoto University, Institute of Economic Research View citations (1)

1994

27. Capital Mobility in the World Economy: An Alternative Measure
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University View citations (1)

1991

28. Trade, Capital Accumulation, and Welfare
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University

1990

29. SPILL-OVER EFFECTS OF SUPPLY-SIDE CHANGES IN A TWO-COUNTRY ECONOMY WITH CAPITAL ACCUMULATION
    ISER Discussion Paper, Institute of Social and Economic Research, Osaka University View citations (4)
    See also Journal Article in Journal of International Economics (1992)

Journal Articles

2022

1. Asset bubbles, unemployment, and financial market frictions
   Economic Inquiry, 2022, 60, (4), 1806-1832
   See also Working Paper (2020)
2. Financial destabilization
   Journal of Mathematical Economics, 2022, 103, (C)
   See also Working Paper (2021)

2021

3. On the Two Catching-Up Mechanisms in Asian Development
   Asian Development Review (ADR), 2021, 38, (02), 31-57 View citations (1)

2019

4. Current account dynamics under information rigidity and imperfect capital mobility
   Journal of International Money and Finance, 2019, 92, (C), 153-176 View citations (2)
   See also Working Paper (2018)
5. Reexamination of the Serendipity Theorem from the Stability Viewpoint
   JODE - Journal of Demographic Economics, 2019, 85, (1), 43-70
   Also in Journal of Demographic Economics, 2019, 85, (1), 43-70 (2019)

2018

6. Specializations, financial constraints, and income distribution
   International Review of Economics & Finance, 2018, 56, (C), 3-14 View citations (1)

2017

7. A Simple Model of Contract Enforcement Institutions
   Pacific Economic Review, 2017, 22, (3), 410-434
8. ENTREPRENEURS, FINANCIERS, AND BOOM–BUST CYCLES
   Macroeconomic Dynamics, 2017, 21, (3), 785-816 View citations (4)
9. Unemployment, Nonstandard Employment, and Fertility: Insights From Japan’s “Lost 20 Years”
   Demography, 2017, 54, (6), 2301-2329 View citations (14)

2016

10. Asset bubbles, economic growth, and a self-fulfilling financial crisis
    Journal of Monetary Economics, 2016, 82, (C), 70-84 View citations (34)
11. COLLATERAL CONSTRAINTS AND THE CURRENT ACCOUNT: THEORY AND EVIDENCE
    Economic Inquiry, 2016, 54, (1), 633-651 View citations (4)
12. Corruption, Financial Development and Economic Growth: Theory and Evidence From an Instrumental Variable Approach With Human Genetic Diversity
    Economic Notes, 2016, 45, (3), 353-392 View citations (7)

2015

13. Announcement
    The Japanese Economic Review, 2015, 66, (1), 33-34
14. Overconfidence, Underconfidence, and Welfare
    Journal of Institutional and Theoretical Economics (JITE), 2015, 171, (2), 372-384
    See also Working Paper (2014)
15. Taxing capital is a good idea: The role of idiosyncratic risk in an OLG model
    Journal of Economic Dynamics and Control, 2015, 52, (C), 258-269 View citations (3)
    See also Working Paper (2013)

2014

16. Corruption, capital account liberalization, and economic growth: Theory and evidence
    International Economics, 2014, (139), 80-108 View citations (15)
17. Credit Market Imperfections and Macroeconomic Instability
    Pacific Economic Review, 2014, 19, (5), 592-611 View citations (8)
18. FINANCE AND INEQUALITY: HOW DOES GLOBALIZATION CHANGE THEIR RELATIONSHIP?
    Macroeconomic Dynamics, 2014, 18, (5), 1091-1128 View citations (26)
    See also Working Paper (2011)
19. Natural capital investment under knightian uncertainty
    Environment and Development Economics, 2014, 19, (5), 529-547 View citations (3)

2012

20. Asset bubbles, credit market imperfections, and technology choice
    Economics Letters, 2012, 116, (1), 52-55 View citations (11)
    See also Working Paper (2011)

2011

21. Endogenous Growth and Fluctuations in an Overlapping Generations Economy with Credit Market Imperfections
    Asia-Pacific Journal of Accounting & Economics, 2011, 18, (3), 333-357 View citations (7)
    See also Working Paper (2011)
22. Optimal pricing and quality choice of a monopolist under Knightian uncertainty
    International Journal of Industrial Organization, 2011, 29, (6), 746-754 View citations (5)
23. Risk and uncertainty in health investment
    The European Journal of Health Economics, 2011, 12, (1), 79-85 View citations (10)
    See also Working Paper (2010)

2010

24. Dynamic Game Model of Endogenous Growth with Consumption Externalities
    Journal of Optimization Theory and Applications, 2010, 145, (1), 93-107 View citations (2)
    See also Working Paper (2009)
25. Time Patience and Specialization Patterns in the Presence of Asset Trade
    Journal of Money, Credit and Banking, 2010, 42, (1), 93-112
    Also in Journal of Money, Credit and Banking, 2010, 42, (1), 93-112 (2010) View citations (5)

2008

26. International Asset Trade, Capital Income Taxation, and Specialization Patterns
    Journal of Public Economic Theory, 2008, 10, (5), 743-763 View citations (2)
27. International and Intergenerational Aspects of Capital Income Taxation in an Endogenously Growing World Economy
    Review of International Economics, 2008, 16, (2), 383-399 View citations (7)
    See also Working Paper (2007)

2006

28. Environmental transfers against global warming: a credit-based program
    International Journal of Global Environmental Issues, 2006, 6, (1), 47-72 View citations (2)
29. Long‐run Specialization*
    Review of International Economics, 2006, 14, (1), 1-15 View citations (12)
30. THE ROLE OF EXPECTATIONS IN A SPECIALIZATION-DRIVEN GROWTH MODEL WITH ENDOGENOUS TECHNOLOGY CHOICE
    Division of Labor & Transaction Costs (DLTC), 2006, 02, (01), 55-69
    See also Working Paper (2006)

2005

31. Credit constraints and the current account: A test for the Japanese economy
    Journal of International Money and Finance, 2005, 24, (8), 1261-1277 View citations (14)
    See also Working Paper (2003)
32. Endogenous growth cycles in an overlapping generations model with investment gestation lags
    Economic Theory, 2005, 25, (3), 751-762 View citations (10)
33. Fiscal Spending, Relative‐Price Dynamics, and Welfare in a World Economy*
    Review of International Economics, 2005, 13, (2), 216-236 View citations (14)

2002

34. Strategic Interactions in a Growth Model with Infrastructure Capital
    Metroeconomica, 2002, 53, (4), 434-460 View citations (8)

2001

35. Government spending, interest rates, and capital accumulation in a two-sector model
    Canadian Journal of Economics, 2001, 34, (4), 903-920 View citations (2)
    Also in Canadian Journal of Economics/Revue canadienne d'économique, 2001, 34, (4), 903-920 (2001)
36. Long gestation in an overlapping generations economy: endogenous cycles and indeterminacy of equilibria
    Journal of Mathematical Economics, 2001, 35, (1), 99-127 View citations (5)

2000

37. Growth Effects of Bubbles in an Endogenous Growth Model
    The Japanese Economic Review, 2000, 51, (2), 221-235 View citations (20)
38. Growth and Welfare Effects of Monetary Expansion in an Overlapping-generations Economy
    The Japanese Economic Review, 2000, 51, (3), 407-430 View citations (11)

1999

39. Foreign Tax Credit and the Current Account
    International Tax and Public Finance, 1999, 6, (2), 131-148 View citations (4)
40. Welfare effects of bubbles in an endogenous growth model
    Research in Economics, 1999, 53, (4), 381-403 View citations (10)

1998

41. Budget Deficits and Economic Growth
    Public Finance = Finances publiques, 1998, 53, (3-4), 331-54 View citations (3)
    See also Working Paper (2003)
42. Capital mobility in the world economy: an alternative test
    Journal of International Money and Finance, 1998, 17, (5), 741-756 View citations (54)
43. Keeping one step ahead of the Joneses: Status, the distribution of wealth, and long run growth
    Journal of Economic Behavior & Organization, 1998, 36, (1), 109-126 View citations (129)

1995

44. Fundamentals uncertainty, bubbles, and exchange rate dynamics
    Journal of International Economics, 1995, 38, (3-4), 199-222 View citations (14)

1994

45. A cointegration test of the optimal seigniorage model
    Economics Letters, 1994, 44, (4), 433-437 View citations (4)

1993

46. Subsidies on Investment and the Foreign Asset Holdings
    Economic Review, 1993, 44, (1), 23-31

1992

47. Fundamentals-dependent bubbles in stock prices
    Journal of Monetary Economics, 1992, 30, (1), 143-168 View citations (16)
48. Spill-over effects of supply-side changes in a two-country economy with capital accumulation
    Journal of International Economics, 1992, 33, (1-2), 127-146 View citations (18)
    See also Working Paper (1990)

1991

49. Capital income taxation and the current account in a small open economy
    Journal of International Money and Finance, 1991, 10, (4), 480-496 View citations (11)