Discussion Paper Series

From School of Economics, Kwansei Gakuin University
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237: Asset Bubbles, Entrepreneurial Risks, and Economic Growth

Takeo Hori and Ryonghun Im

236: A note on the equilibrium of a monopoly providing a pure network good and the stand-alone effect: A reconsideration of the coordination problem

Tsuyoshi Toshimitsu

235: Cournot, Bertrand or Chamberlin: Market Structures and the Home Market Effect

Kenji Fujiwara

234: An Empirical Study on the Relationship of Regional Entrepreneurial Activities and Utilization of Digital Technology in Knowledge-Intensive Business Services (KIBS)

Nobuo Kobayashi and Takeshi Mori

233: Hidden Cost of Sanctions in a Dynamic Principal-Agent Model: Reactance to Controls and Restoration of Freedom

Kohei Daido and Tomoya Tajika

232: Public and Private Educational Expenditure and Human Capital Accumulation

Hiroki Tanaka and Masaya Yasuoka

231: Tax Incidence and Fiscal Sustainability in DSGE Model

Junko Doi, Kota Yamada and Masaya Yasuoka

230: How Do the Relative Superiority of a High-quality Good and Cost Inefficiency between Firms Affect Product Lines in Multiproduct Firms?

Tetsuya Shinkai and Ryoma Kitamura

229: Free entry under an output-cap constraint

Hiroaki Ino and Toshihiro Matsumura

228: Construction of an Aggregated Economy - Aggregated TFP and Price Level -

Junko Doi, Takao Fujii, Shinya Horie, Jun Iritani, Sumie Sato and Masaya Yasuoka

227: Redistributive Policy and R&D-based Growth

Ken Tabata

226: Evaluating Japan's Corporate Income Tax Reform using Firm-specific Effective Tax Rates

Toshiyuki Uemura

225: Financial Destabilization

Ken-ichi Hashimoto, Ryonghun Im, Takuma Kunieda and Akihisa Shibata

224: Strategic investment and industry location in a footloose capital model of economic geography

Kenji Fujiwara

223: Market competition and strategic choices of electric power sources under fluctuating demand

Hiroaki Ino, Norimichi Matsueda and Toshihiro Matsumura

222: Education Choice and Human Capital Accumulation with Endogenous Fertility Model

Hiroki Tanaka and Masaya Yasuoka

221: Pollution, Human Capital, and Growth Cycles

Takuma Kunieda and Kazuo Nishimura

220: On excess capacity in a monopoly market with network externalities

Tsuyoshi Toshimitsu

219: Competition and Public Policy in Sharing Economy: A Survey

Noriyuki Doi

218: Asset Bubbles, Unemployment, and Financial Market Frictions

Ken-ichi Hashimoto, Ryonghun Im, Takuma Kunieda and Akihisa Shibata

217: On the observable restrictions of limited consideration models: theory and application

Yuta Inoue and Koji Shirai

216: Education Choice of Households and Income Inequality -Empirical Research of Mixed Public and Private Education Model-

Hiroki Tanaka and Masaya Yasuoka

215: Effects of Changes in Exchange Rate Volatility on Short-run Equilibrium in International Oligopoly

Tetsuya Shinkai, Takao Ohkawa, Makoto Okamura and Ryoma Kitamura

214-2: Measuring the Value of Corporate Cash Holdings against Predictable and Unpredictable Negative Shocks

Kohei Aono and Keiichi Hori

214: Can Cash Be a Ventilator for Firms Suffering from COVID-19? Evidence from Stock Market in Japan

Kohei Aono and Keiichi Hori

213: CEO Succession and New-Firm Performance: Does Successor Origin Matter?

Masatoshi Kato and Yuji Honjo

212: Determinants of the decision of international students to remain to work in Japan after graduation

Nguyet Thi Khanh Cao

211: Optimal Taxation in an Endogenous Fertility Model with Non-Cooperative Couples

Takuya Obara, and Yoshitomo Ogawa

210: On the excess entry theorem in the presence of network effect-sensitive consumers

Tsuyoshi Toshimitsu

209: Long-term care insurance effects on Japan fs regional economy: an approach linking theoretical with empirical analysis

Ryoji Hasegawa and Masaya Yasuoka

208: Central Bank Capital and Credibility: A Literature Survey

Atsushi Tanaka

207: Revenue-Neutral Tax Reform in Vertically Related Markets

Kenji Fujiwara

206: Promoting Green or Restricting Gray? An Analysis of Green Portfolio Standards

Hiroaki Ino and Toshihiro Matsumura

205: Abstention by Loss-Averse Voters

Kohei Daido and Tomoya Tajika

204: Does Financial Development Amplify Sunspot Fluctuations?

Takuma Kunieda and Kazuo Nishimura

203: On a Stackelberg leader's incentive to invite entry into horizontally differentiated oligopolies with network externalities: A reexamination

Ryoma Kitamura and Tsuyoshi Toshimitsu

202: A factor analysis of business start-up rates in Japan: contemporary and historical context

Nobuo Kobayashi

201: Strategic Production Subsidy/Tax under Mutual Endogenous Entry of Foreign Firms

Keisaku Higashida and Hiroaki Ino

200: Trademarks as an indicator of regional innovation: Evidence from Japanese prefectures

Joern Block, Christian Fisch, Kenta Ikeuchi and Masatoshi Kato

199: Optimality of Emission Pricing Policies Based on Emission Intensity Targets under Imperfect Competition

Hiroaki Ino and Toshihiro Matsumura

198: Inequality and Institutional Quality in a Growth Model

Takuma Kunieda and Masashi Takahashi

197: Production Substitution of Goods Within and Between Firms in a Multiproduct Duopoly

Tetsuya Shinkai and Ryoma Kitamura

196: How Can a Central Bank Exit Quantitative Easing Without Rapidly Shrinking its Balance Sheet?

Atsushi Tanaka

195: Note on the Excess Entry Theorem in the Presence of Network Externalities

Tsuyoshi Toshimitsu

194: Fertility and Labor Share of Child Care Service

Masaya Shintani and Masaya Yasuoka

193: Elderly Labor and Precautionary Saving

Masaya Yasuoka

192: Patent Protection and Public Capital Accumulation

Ken Tabata

191: An inverted-U effect of patents on economic growth in an overlapping generations model

Yuta Nakabo and Ken Tabata

190: Trade Intermediaries, the Choice of Export Mode, and the “Learning-By-Exporting” Hypothesis

Tsuyoshi Toshimitsu

189: Burden of Inspection Costs and Effectiveness of Environmental Regulations

Keisaku Higashida