Discussion papers

From Research Institute of Economy, Trade and Industry (RIETI)
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21057: Algorithm is Experiment: Machine Learning, Market Design, and Policy Eligibility Rules

Yusuke Narita and Kohei Yata

21056: Optimal Wealth Taxation in the Schumpeterian Growth Model with Unemployment

Ryoji Hiraguchi

21055: Macro Uncertainties and Tests of Capital Structure Theories across Renewable and Non-Renewable Resource Companies

Denny Irawan and Tatsuyoshi Okimoto

21054: Measuring Robot Quality: Has Quality Improvement Slowed Down?

Ippei Fujiwara, Ryo Kimoto, Shigenori Shiratsuka and Toyoichiro Shirota

21053: When Does the Japan Empowering Women Index Outperform Its Parent and the ESG Select Leaders Indexes?

Kohei Aono and Tatsuyoshi Okimoto

21052: Sustainability and Credit Spreads in Japan

Tatsuyoshi Okimoto and Sumiko Takaoka

21051: Outsourcing Active Ownership in Japan

Marco Becht, Julian Franks, Hideaki Miyajima and Kazunori Suzuki

21050: Nagahama Survey on Social Science

Makoto Yano, Shigeru Hirota, Masato Yodo and Fumihiko Matsuda

21049: Graduation of Initial Public Offering Firms from Junior Stock Markets: Evidence from the Tokyo Stock Exchange

Yuji Honjo and Koki Kurihara

21048: Why Do Citizens Prefer Highly Skilled Immigrants to Low-Skilled Immigrants? Identifying Causal Mechanisms of Immigration Preferences with a Survey Experiment

Akira Igarashi, Hirofumi Miwa and Yoshikuni Ono

21047: Culture, Tastes, and Market Integration: Testing the Localized Taste Hypothesis

Cecilia Guerrero, Tomoya Mori and Jens Wrona

21046: Do Japanese Expatriates Matter for Foreign Subsidiary Performance? A Role-Based Analysis of Three-Wave Panel Data

Jesper Edman and Riki Takeuchi

21045: The Heterogeneous Effects of COVID-19 on Labor Markets: People's Movement and Non-Pharmaceutical Interventions

Kisho Hoshi, Hiroyuki Kasahara, Ryo Makioka, Michio Suzuki and Satoshi Tanaka

21044: The Resilience of FDI to Natural Disasters through Industrial Linkages

Hayato Kato and Toshihiro Okubo

21043: Impact of Cash Transfers on Consumption during the COVID-19 Pandemic: Evidence from Japanese Special Cash Payments

Takahiro Hattori, Norihiro Komura and Takashi Unayama

21042: Uncertainty of Firms' Economic Outlook During the COVID-19 Crisis

Masayuki Morikawa

21041: Socio-Life Scientific Survey on COVID-19

Shigeru Hirota, Kazuya Setoh, Masato Yodo and Makoto Yano

21040: Enhancing Team Productivity through Shorter Working Hours: Evidence from the Great Recession

Ruo Shangguan, Jed DeVaro and Hideo Owan

21039: Are Applying for and Receiving Subsidy Worth for Small Enterprises? Evidence from the Government Support Program in Japan

Yuki Hashimoto and Kohei Takahashi

21038: Innovation for Tax Avoidance: Product Differentiation and the Arm's Length Principle

Hirofumi Okoshi

21037: Understanding the Transmission of COVID-19 News to French Financial Markets

Willem Thorbecke

21036: Wake Not a Sleeping Lion: Free Trade Agreements and Decision Rights in Multinationals

Hiroshi Mukunoki and Hirofumi Okoshi

21035: Centrality Bias in Inter-city Trade

Tomoya Mori and Jens Wrona

21034: Curse of Democracy: Evidence from 2020

Yusuke Narita and Ayumi Sudo

21033: How Do ESG Performance and Awareness Affect Firm Value and Corporate Overinvestment?

Denny Irawan and Tatsuyoshi Okimoto

21032: Competition, Productivity and Trade, Reconsidered

Tomohiro Ara

21031: Conditional Capital Surplus and Shortfall across Resource Firms

Denny Irawan and Tatsuyoshi Okimoto

21030: Carbon Tax and Border Tax Adjustments with Technology and Location Choices

Haitao Cheng and Jota Ishikawa

21029: China's Investment in Intangible Assets by Industry: A Preliminary Estimation in an Extended Sources-of-Growth Framework

Janet X. Hao and Harry X. Wu

21028: Leveraging Standard Essential Patents for Capturing Innovation Rents: The Strategic Disclosure of License Rules

Dong Huo, Jianwei Dang and Kazuyuki Motohashi

21027: The Effect of Public-Sponsored Job Training in Japan

Hiromi Hara

21026: Chasing Two Hares at Once? Effect of Joint Institutional Change for Promoting Commercial Use of University Knowledge and Scientific Research

Seokbeom Kwon, Kazuyuki Motohashi and Kenta Ikeuchi

21025: New Indicator of Science and Technology Inter-Relationship by Using Text Information of Research Articles and Patents in Japan

Kazuyuki Motohashi, Hitoshi Koshiba and Kenta Ikeuchi

21024: Working from Home: Its Effects on Productivity and Mental Health

Ritsu Kitagawa, Sachiko Kuroda, Hiroko Okudaira and Hideo Owan

21023: Foreign Direct Investment in China and Domestic Activities of Japanese Firms

Toshihiro Okubo

21022: Establishment Size, Workforce Composition and the College Wage Gap in Japan

Kenta Ikeuchi, Kyoji Fukao and Cristiano Perugini

21021: Regional Banking and Plant Survival in Japan

Shuichiro Nishioka, Toshihiro Okubo and Mari Tanaka

21020: Macroeconomic Effects of Global Policy and Financial Risks

Eiji Ogawa and Pengfei Luo

21019: The Global Monetary System and the Use of Local Currencies in ASEAN+3

Hiro Ito and Masahiro Kawai

21018: Reassessing China's GDP Growth Performance: an Exploration of The Underestimated Price Effect

Harry X. Wu and Zhan Li

21017: The Exposure of French and South Korean Firms to Exchange Rates and the COVID-19 Pandemic: Evidence from the Stock Market

Willem Thorbecke

21016: The Dollar, the Yen, or the RMB? A Survey Data Analysis of Invoicing Currencies among Japanese Overseas Subsidiaries

Takatoshi Ito, Satoshi Koibuchi, Kiyotaka Sato, Junko Shimizu and Taiyo Yoshimi

21015: In Search of Lost Time: Firm Vintage and Macroeconomic Dynamics

Masashige Hamano and Toshihiro Okubo

21014: The Impact of COVID-19 on Global Production: Evidence from Japanese Multinational Firms

Hongyong Zhang

21013: No Successor, No Success? The Impact of a Little Son on Business Performance

Naomi Kodama, Yoshiaki Murakami and Mari Tanaka

21012: Designing a Tourism Stimulus During the COVID-19 Pandemic in Japan

Toshiyuki Matsuura and Hisamitsu Saito

21010: Why Do Real Wages Stagnate in Japan and Korea?

Hyunbae Chun, Kyoji Fukao, Hyeog Ug Kwon and Jungsoo Park

21009: Epidemic and Economic Consequences of Voluntary and Request-based Lockdowns in Japan

Kaoru Hosono

21008: Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice

Koichiro Ito, Takanori Ida and Makoto Tanaka

21007: Estimating the Effects of the Minimum Wage Using the Introduction of Indexation

Daiji Kawaguchi and Yuko Mori