The Japanese Economic Review

2016 - 2025

Continuation of The Japanese Economic Review.

Current editor(s): Michihiro Kandori

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Volume 76, issue 2, 2025

Preface to the JER special issue on “Heterogeneity and Macroeconomics” pp. 227-229

Toshihiko Mukoyama, Makoto Nakajima and Tomoaki Yamada

Earnings, income, and wealth inequality in Japan: a long-term perspective, 1984–2019 pp. 231-283

Sagiri Kitao and Tomoaki Yamada

Medical expenditures over the life-cycle: persistent risks and insurance pp. 285-336

Taiyo Fukai, Hidehiko Ichimura, Sagiri Kitao and Minamo Mikoshiba

Establishment dynamics in post-war Japan: missing entry and shrinking size pp. 337-374

Xuanli Zhu

Macroeconomic and welfare effects of family policy: cash transfers vs in-kind benefits pp. 375-427

Reona Hagiwara

Productivity over the life-cycle and its effect on the interest rate pp. 429-461

Momo Komatsu, David Murakami and Ivan Shchapov

Fiscal sustainability and market incompleteness: quantitative findings for Japan pp. 463-491

Selahattin İmrohoroğlu and Akio Ino

Discretizing earnings dynamics: implications of Gaussian-mixture shocks for life-cycle models pp. 493-519

Robert Kirkby

Volume 76, issue 1, 2025

The optimum quantity of debt for an aging Japan: welfare and demographic dynamics pp. 1-52

Akira Okamoto

Aggregate productivity slowdown and share of temporary workers pp. 53-89

Nobuyuki Kanazawa

Did the BOJ’s negative interest rate policy increase bank lending? pp. 91-120

Hiroshi Gunji

Cashless payment methods and COVID-19: evidence from Japanese consumer panel data pp. 121-162

Hiroshi Fujiki

Interim information and managerial risk taking in professional basketball pp. 163-194

Wen-Jhan Jane

The role of nudge-based messages on the acceptability and download of COVID-19 contact tracing apps: survey experiments pp. 195-225

Hirofumi Kurokawa, Shusaku Sasaki and Fumio Ohtake

Volume 75, issue 4, 2024

Preface to the special issue on “Demographic change and wellbeing in Japan and Asian economies” pp. 483-484

Yasuyuki Sawada

The state of mental health among older Chinese and the role of children pp. 485-517

Yi Chen and Hanming Fang

Wellbeing of the older individuals in East Asia pp. 519-546

Hidehiko Ichimura, Xiaoyan Lei, Chulhee Lee, Jinkook Lee, Albert Park and Yasuyuki Sawada

Well-being paradox: comparing the age-happiness relationship across Japan, China, and the US pp. 547-562

Takashi Oshio and Satoshi Shimizutani

The state of well-being of older people: a comparative study across developing Asia pp. 563-609

Aiko Kikkawa, Martino Pelli, Lennart O. Reiners and Douglas Rhein

Family structure, gender, and subjective well-being: effect of children before and after COVID-19 in Japan pp. 611-635

Eiji Yamamura and Fumio Ohtake

Who suffered most in the pandemic? A distribution regression analysis of happiness in Japan pp. 637-690

Anqi Li and Shiko Maruyama

Unraveling the determinants of overemployment and underemployment among older workers in Japan: A machine learning approach pp. 691-737

Meilian Zhang, Ting Yin, Emiko Usui, Takashi Oshio and Yi Zhang

Does free cancer screening make a difference? Evidence from the effects of a free-coupon program in Japan pp. 739-778

Meng Zhao

National Transfer Accounts (NTA) in Japan: 1984−2014 pp. 779-821

Taiyo Fukai, Setsuya Fukuda, Hidehiko Ichimura, Daigo Nakata, Itaru Sato and Kazuyuki Terada

Impact of retirement and re-employment on the life satisfaction of older adults in Korea pp. 823-852

Do Won Kwak and Jong-Wha Lee

Accessing long-term care social insurance benefits in South Korea and its correlates pp. 853-876

Joelle H. Fong and John Piggott

Upstream or downstream transfer behind patrilocal coresidence? Evidence from three-generational panel data pp. 877-926

Meng-Chi Tang and Hsin-Yi Chiu

Subjective well-being of older persons in Malaysia pp. 927-950

Maki Nakajima, Aiko Kikkawa, Norma Mansor and Halimah Awang

The impact of ICT development on female employment and household’s well-being in Vietnam pp. 951-978

Hang Nguyen, Miki Kohara and Secil Er

An empirical study of the well-being of older individuals in China, Japan, and Korea pp. 979-1006

Selahattin İmrohoroğlu and Zhixiu Yu

On the effectiveness of insurance mechanisms for older individuals in China pp. 1007-1040

Jingyi Fang and Yasuyuki Sawada

Correction: Well-being paradox: comparing the age-happiness relationship across Japan, China, and the US pp. 1041-1042

Takashi Oshio and Satoshi Shimizutani

Volume 75, issue 3, 2024

The Feldstein–Horioka Puzzle or Paradox after 44 years: a fallacy of composition pp. 383-404

Charles Horioka

The 2023 Japanese Economic Association Nakahara Prize: Recipient—Prof. Toru Kitagawa, Brown University and University College London pp. 405-406

Ryo Okui

Bandit algorithms for policy learning: methods, implementation, and welfare-performance pp. 407-447

Toru Kitagawa and Jeff Rowley

The 2023 Japanese Economic Association Award for Young Female Researchers sponsored by the Nippon Life Insurance Company pp. 449-450

Mari Tanaka

How serious was it? The impact of preschool closure on mothers’ psychological distress: evidence from the first COVID-19 outbreak pp. 451-471

Izumi Yokoyama and Reo Takaku

Input price discrimination in endogenous competition mode: comment pp. 473-478

Qing Hu and Shuxiao Chen

Correction to: Overcoming problems of coordination and freeriding in a game with multiple public goods: dynamic contribution with information provision pp. 479-480

Ai Takeuchi and Erika Seki

Correction: The potential compensation principle and constant marginal utility of income pp. 481-481

Stephen Martin

Volume 75, issue 2, 2024

Do hybrid auctions always give “the best of both worlds” ? An illustration from asymmetric Anglo–Dutch auctions pp. 215-242

Daniel Marszalec

Economic effects of pension reform: applying the overlapping generations model to long-term nursing care pp. 243-268

Takehiro Ito and Kazumitsu Sako

Ambiguity and self-protection: evidence from social distancing under the COVID-19 pandemic pp. 269-300

Daiki Kishishita, Hans H. Tung and Charlotte Wang

Groups versus individuals, partial lying, and social image concern in a dice-rolling experiment pp. 301-331

Yoshitaka Okano and Eiji Goto

Input price discrimination and incentives for raising rivals’ costs pp. 333-353

Chin-Sheng Chen

The adverse effect of competition on consumers under foreign competition pp. 355-379

Junlin Chen, Jingyi Huang, Yue Yu and Chenhang Zeng

Volume 75, issue 1, 2024

Factor decomposition of changes in the income tax base pp. 1-28

Taro Ohno, Junpei Sakamaki, Daizo Kojima and Tomotsugu Imahori

Comparing behavior between a large sample of smart students and Japanese adults pp. 29-67

Nobuyuki Hanaki, Keigo Inukai, Takehito Masuda and Yuta Shimodaira

Input price, bargaining power, and a multi-input-multi-product firm pp. 69-92

Pei-Cyuan Shih, Yan-Shu Lin and Yen-Ju Lin

Strategic delegation and tariff protection with network externalities pp. 93-119

Kangsik Choi and Ki-Dong Lee

The conflict between residents and tourists: on the variety-shifting effect of tourism growth pp. 121-145

Takaaki Takahashi

Tourism infrastructure and the environment: how does environmental regulation affect welfare, tourism industry, and domestic wage inequality? pp. 147-179

Takanori Shimizu and Hisayuki Okamoto

The effect of employer tenure on wages in Japan pp. 181-214

Ayaka Nakamura