ISER Discussion Paper

From Institute of Social and Economic Research, The University of Osaka
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0634: Price Bubbles sans Dividend Anchors: Evidence from Laboratory Stock Markets

Shinichi Hirota and Shyam Sunder

0633: Trade Reforms, Deforestation and Industrial Pollution in Developing Countries: One Size Does Not Fit All

Ian Coxhead and Sisira Jayasuriya

0632: Why Did Japan's Household Savings Rate Fall in the 1990s?

Kazuo Ogawa

0631: Characterizing the Vickrey Combinatorial Auction by Induction

Soo Hong Chew and Shigehiro Serizawa

0630: The Reason Why You Are Unhappy (in Japanese: 「なぜあなたは不幸なのか」)

Yoshiro Tsutsui, Fumio Ohtake and Shinsuke Ikeda

0629: Pairwise Strategy-Proofness and Self-Enforcing Manipulation

Shigehiro Serizawa

0628: Maximal Domain for Strategy-Proof Rules in Allotment Economies

Hideyuki Mizobuchi and Shigehiro Serizawa

0627: The Productivity of Public Capital: Evidence from the 1994 Electoral Reform of Japan

Daiji Kawaguchi, Fumio Ohtake and Keiko Tamada

0626: Test of Efficiency Structure Hypothesis for Shinkin Banks (in Japanese: 「信用金庫と効率性仮説」)

Yoshiro Tsutsui

0625: Why Commercial Banks Held Excess Reserves: The Japanese Experience of the Late '90s

Kazuo Ogawa

0624: An Assessment of Consumption and Income Taxes in Japan

Charles Horioka and Shizuka Sekita

0623: Economic Stimulus, Pension Reform, and the Consumption Tax, (in Japanese: 「景気対策・年金改革と 消費税」)

Charles Horioka and Shizuka Sekita

0622: Decreasing Marginal Impatience in a Monetary Growth Model

Ken-Ichi Hirose and Shinsuke Ikeda

0621: Signal Qualities, Order of Decisions, and Informational Cascades: Experimental Evidences

Shunichiro Sasaki

0620: Market Efficiency and International Linkage of Stock Prices: An Analysis with High-Frequency Data

Yoshiro Tsutsui and Kenjiro Hirayama

0619r: Habit Formation in an Interdependent World Economy

Shinsuke Ikeda and Ichiro Gombi

0619: Habit Formation in an Interdependent World Economy

Shinsuke Ikeda and Ichiro Gombi

0618: Does a Large Loss of Bank Capital Cause Ever-greening or Flight to Quality?: Evidence from Japan

Wako Watanabe

0617: Prudential Regulation, the Credit Crunch" and the Ineffectiveness of Monetary Policy: Evidence from Japan

Wako Watanabe

0616: Availability of Firms' Information and their Choice of External Credit: Evidence from the Data of Small Firms

Wako Watanabe

0615: The Rise (and Fall) of Labour Market Programmes: The Role of Global and Domestic Factors

Noel Gaston and Gulasekaran Rajaguru

0614: Stated Beliefs and Play in Normal-Form Games

Miguel Costa-Gomes and Georg Weizsäcker

0613: Cognition and Behavior in Two-Person Guessing Games: An Experimental Study

Miguel Costa-Gomes and Vincent Crawford

0612: Elimination of Competitors: Some Economics of Payment Card Associations

Koki Arai

0611: A Study on the FTC's Opinion of the Three Tenors CDs, (in Japanese:「三大テノール歌手CDの販売協定審決の分析」)

Koki Arai and Yohei Ibata

0610: Portfolio Inertia and ε-Contaminations

Takao Asano

0609: Portfolio Inertia under Ambiguity

Takao Asano

0608: The Retirement of the Baby Boom Generation and Japan's Household Saving Rate, (in Japanese: 「団塊世代の退職と日本の家計 貯蓄率」)

Charles Horioka

0607: Debt, R&D Investment and Technological Progress: A Panel Study of Japanese Manufacturing Firms in the 90s

Kazuo Ogawa

0606: Are the Japanese Unique? An Analysis of Consumption and Saving Behavior in Japan

Charles Horioka

0605: Do the Elderly Dissave in Japan?

Charles Horioka

0604: Corruption and Its Alternatives: A Takeoff Theory of Good Governance

Evan Osborne

0603: Who Supports Redistribution?

Fumio Ohtake and Jun Tomioka

0602: Testing the Morale Theory of Nominal Wage Rigidity

Daiji Kawaguchi and Fumio Ohtake

0601: Learning, Liquidity Preference, and Business Cycle

Ryo Horii and Yoshiyasu Ono

0600: Measuring Peer Effects on Youth Smoking Behavior

Ryo Nakajima

0599: The Stagnation of Household Consumption in Japan

Charles Horioka

0598: The Sources of Growth at Different Levels of Development

Evan Osborne

0597: Beliefs in Repeated Games

John Nachbar

0596: Atkinson and Stiglitz Theorem with Endogenous Human Capital Accumulation

Hisahiro Naito

0595: Optimal Nonlinear Income and Inheritance Taxation in an Infinite Horizon Model with Quasi-linear Preference

Hisahiro Naito

0594: Redistribution, Production Inefficiency and Decentralized Efficiency

Hisahiro Naito

0593: Management Ownership and Firm's Value: An Empirical Analysis Using Panel Data

Sang-Mook Lee and Keunkwan Ryu

0592: The Recall and New Job Search of Laid-off Workers: A Bivariate Proportional Hazard Model with Unobserved Heterogeneity

Bruce Fallick and Keunkwan Ryu

0591: Competitive Equilibria: Convergence, Cycles or Chaos

Anjan Mukherji

0590: Endogenous Human Capital Accumulation, Comparative Advantage and Direct vs. Indirect Redistribution

Hisahiro Naito

0589: Global Stability Conditions on the Plane

Anjan Mukherji

0588: Robust Cyclical Growth

Anjan Mukherji

0587: The Market for Liars: Reputation and Auditor Honesty

Andrew McLennan and In-Uck Park

0586: Monotonicity of Chi-square Test Statistics

Keunkwan Ryu