Discussion Paper Series

From Institute of Economic Research, Hitotsubashi University
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1995: The Role of Technical Progress in Japanese Environmental Problems

Tsutomu Miyagawa

1995: Human Resource Development and Economic Growth

Xun Jinjun

1995: Cascading Contigent Protection and Vertical Market Structure

Rene Belderbos, Clive Jie a Joen and Leo Sleuwaegen

1995: An Implementation of the HJM Model with Application to Japanese Interest Futures

Kenji Kamizono and Takeaki Kariya

1995: The Structural Determinants of Invoice Currencies in Japan: The Case of Foreign Trades with East Asian Countries

Shin-ichi Fukuda

1995: India's International Trade in Services

P Verma

1995: Economic Reforms in Russia and Japan's Experience in Post-War Economic Development

Valery Zaitsev

1995: Moral Hazard in an Insurance Market and the Optimum Quantity of Money

Shin-ichi Fukuda

1994: Wage Austerity Or/And Educational Push: The French Dilemma

Robert Boyer

1994: R&D Investment and Overseas Production: An Empirical Analysis of Japan's Electric machinery Industry Based on Corporate Data

Kyoji Fukao, Toshiyasu Izawa, Morio Kuninori and Toru Nakakita

1994: Coordination Failures under Incomplete Information and Global Games

Kyoji Fukao, 京司 深尾 and キョウジ フカオ

1994: Feldstein-Horioka Paradox Revisited

Hiroshi Fujiki and Yukinobu Kitamura

1994: Construction of Improved Estimators for the Regression Coefficient Matrix in GMANOVA Model

Yoshihiko Konno, Takeaki Kariya and William E. Strawderman

1994: Asymmetric Information and Endogeneous Stock Price Volatility: An Asset Pricing Model of Sunspot Equibria

Shin-ichi Fukuda

1994: Interpersonal Comparisons of the Extended Sympathy Type and the Possibility of Social Choice

Kotaro Suzumura

1994: Technology Choice in the Cotton Spinning Industry: the Switch from Mules to ring Frames

Yokihiko Kiyokawa

1994: Double Shrinkage Estimators in the GMANOVA Model

Takeaki Kariya and Yoshihiko Konno

1994: The Changing Nature of Capital Formation in Pre-modern Japan

Konosuke Odaka

1994: LUB for the Covariance Matrix of a GLSE in Regression with Applications to an SUR Model and a Heteroscedastic Model

Hiroshi Kurata and Takeaki Kariya

1994: On the Choice of Invoice Currency by Japanese Exporters: The PTM Approach

Shin-ichi Fukuda and Ji Cong

1994: Near Rationality and Sunspot Equilibria

Shin-ichi Fukuda and Nobusumi Sagara

1994: The Limits of Enterprise Unionism: An Empirical Examination of the Causes of Union Decline in Japan

James Rebitzer and Tsuyoshi Tsuru

1994: The Role of Human Capital Accumulation for Economic Growth in East Asian Countries

Shin-ichi Fukuda and Hideki Toya

1993: Labor Adjustment Policy in Japan

Tuvia Blumenthal

1993: Oligopolistic Competition and Economic Welfare: The Effects of Owenership Structures

Kotaro Suzumura

1993: New Bond Princing Models with Applications to Japanese Data

Takeaki Kariya and Hiroshi Tsuda

1993: Intrinsic Uncertainty and Extraneous Uncertainty: Sunspot Equilibria and Periodic Cycles under Fundamental Shocks

Shin-ichi Fukuda

1993: Collaborative Research and Devalopment: Economic Analysis in the Light of Japanese Experience

Kotaro Suzumura and Akira Goto

1993: Household Saving Behavior in Japan

Noriyuki Takayama and Yukinobu Kitamura

1993: The Adverse Selection Effects of Net Worth and the Crash of Land Price --Welfare Effects of Demand and Supply Shocks under Asymmetric Information--

Shin-ichi Fukuda and Ji Cong

1993: The Japanese Experience in Social Protection

Noriyuki Takayama

1993: On the Sustainability of Collaborative R&D through Private Incentives

Bhaskar Dutta and Kotaro Suzumura

1993: The Political Economy of Trade Liberalization and Integration:The Case of U.S. -Mexico Relations

Kwan S. Kim

1993: Infant mortality in pre-transition Japan: levels and trends

Osamu Saito

1993: Voluntary Trade Restraints and Economic Welfare

Kotaro Suzumura and Jota Ishikawa

1993: Endogenous Exchange Rate Fluctuations under the Flexible Exchange Rate Regime

Shin-ichi Fukuda

1993: The Determinants of Capital Controls and Their Effects on Trade Balance During the Period of Capital Market Liberalization in Japan

Shin-ichi Fukuda

1993: Competition, Commitment and Welfare

Kotaro Suzumura

1993: Gender, workload and agricultural progress: Japan's historical experience in perspective

Osamu Saito

1993: The Output and Price Structure of the Russian Economy

Masaaki Kuboniwa

1992: The Yen and the International Monetary System

Takatoshi Ito

1992: Tests for Multinormality with Application to Time Series

Takeaki Kariya, Ruey Tsay, Nobuhiko Terui and Hong Li

1992: Exchange Rate Economic Recovery of Japan in the 1930s

Masanori Okura and Juro Teranishi

1992: A Study of Japanese Manufaturing Industry: Growth, Productivity, Factor Substitution and Industrial Structure

Bishwanath Goldar

1992: Foreign Trade Regimes, Employment, and Income Distribution: Selected Developing Country Studies

Kwan S. Kim

1992: An Alternative Strategy for Equitable Growth in Developing Countries: An Application to Mexico

Kwan S. Kim

1992: The Role of Monetary Policy in Eliminating the Non-Convergent Dynamic Paths

Shin-ichi Fukuda

1992: U.S. Political Pressure and Economic Liberalization in East Asia

Takatoshi Ito

1992: Import Substitution Policy in Japan's Economic Development

Juro Teranishi

1992: Accmulation of Human Capital and Business Cycle

Kyoji Fukao and Masayuki Otaki

1992: Do Bulls and Bears Move Acoross Borders: International Transimission of Stock Returns and Volatility as the World Turns

Wen-Ling Lin, Robert Engle and Takatoshi Ito

1992: The Problem of International Values

Gabor Bakos

1992: Individual Rights and Social Evaluations: A Conceptual Framework

Prasanta K. Pattanaik and Kotaro Suzumura

1992: The Spring Offensive: The Spillover Effect and the Wage-Setting Institution in Japan

Tsuyoshi Tsuru

1991: Industrial Policy of Japan: Whither Now?

Kotaro Suzumura

1991: Cooperative and Non-Cooperative R&D in Oligopoly: Strategic Substitutes and Complements

Kotaro Suzumura and Noriyuki Yanagawa

1991: Financial System Reform After the War

Juro Teranishi

1991: Inflation Stabilization with Growth --Japanese Experience During 1945-1950

Juro Teranishi

1991: Symmetric Cournot Oligopoly and Economic Welfare: A Synthesis

Masahiro Okuno-Fujiwara and Kotaro Suzumura

1991: Accumulation of Human Capital, Labor Market Hysteresis, and the Business Cycle

Kyoji Fukao and Masayuki Otaki

1991: U.S.-Japan Macroeconomic Policy Coordinations: Agenda for the 1990s and beyond

Takatoshi Ito

1991: Individual Rights Revisited

Wulf Gaerther, Prasanta K. Pattanaik and Kotaro Suzumura

1991: Import Substitution Industrialization Where Does Sri Lanka Stand in the Japanese Experience

S.M.S.Sathkumara

1991: Bequest Taxes and Accumulation of Household Wealth: U.S.-Japan Comparison

Thomas A. Barthold and Takatoshi Ito

1990: Professor Sen on Minimal Liberty

Prasanta K. Pattanaik and Kotaro Suzumura

1990: International Trade and Investment under Different Rates of Time Preference

Kyoji Fukao, 京司 深尾, キョウジ フカオ, Koichi Hamada, 宏一 浜田 and コウイチ ハマダ

1990: The Land/ Housing Problem in Japan: A Macroeconomic Approach

Takatoshi Ito

1990: Temporal Aggregation of Financial Time Series in Taylor's Model

Takeaki Kariya and Yoshihiko Tsukuda

1990: A Note on Incentives and Efficiency; the Case of Public Good Economies

Yoshifumi Fujigaki

1990: Cooperative and Non-cooperative R&D in Oligopoly with Spillovers

Kotaro Suzumura

1990: Strategic Cost-Reduction Investment and Economic Welfare

Masahiro Okuno-Fujiwara and Kotaro Suzumura

1990: Strategic Aspects of International Lending and Borrowing: A Two-Country Dynamic Game Model

Kyoji Fukao, 京司 深尾 and キョウジ フカオ