Discussion Paper Series

From Research Institute for Economics & Business Administration, Kobe University
2-1 Rokkodai, Nada, Kobe 657-8501 JAPAN.
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2025: Technology and Professional Associations

Masashi Goto

2025: The Determinants of the Growth of Japanese Start-ups: A Resource-based View Analysis

Nobuaki Hamaguchi and Joao Carlos Ferraz

2025: Trade Liberalization, Wage, and Unemployment: Theory and Evidence from Chile

Sayaka Takada and Yoshimichi Murakami

2025: Testing for Spatial Autocorrelation in Stata

Keisuke Kondo

2025: Identification of Relationship Lending in Bank-Borrower Networks

Yoshitaka Ogisu, Shoka Hayaki and Masahiko Shibamoto

2025: Power of Values-based Investors on ESG Actions of Value-orientated Managers

Meg Adachi-Sato

2024: Effects of Capital Flow Management Measures on Wealth Inequality: New Evidence from Counterfactual Estimators

Yang Zhou and Shigeto Kitano

2024: The Concomitance of Prosociality and Social Networking Agency

Danyang Jia, Ivan Romic, Lei Shi, Qi Su, Chen Liu, Jinzhuo Liu, Petter Holme, Xuelong Li and Zhen Wang

2024: Altruistic Care for the Elderly in Thailand: Does the Social Gender Norm on Altruistic Behavior Matter?

Minh Tam Bui, Ivo Vlaev and Katsushi Imai

2024: Household Saving in Japan: The Past, Present, and Future

Charles Horioka

2024: Maintaining Private and Public Facilities: Theory and Experiment

Mayuko Nakamaru, Takaaki Ohkawauchi, Rei Okawa, Koki Oikawa, Yuto Otani, Hiroo Sasaki, Junyi Shen, Koichi Takase, Hirofumi Yamamura and Takehiko Yamato

2024: Sustainable Investing Under Delegated Investment Management

Meg Adachi-Sato and Hiroshi Osano

2024: Is It Possible to Detect the Insolvency of a Company?

Katsuyuki Tanaka, Takuo Higashide, Takuji Kinkyo and Shigeyuki Hamori

2024: Empirical Validation of the Attraction Effect Using Randomized Field Experiments: Real-World Evidence of Contextual Decision-Making Bias

Ryo Kato, Taiga Hashimoto and Takahiro Hoshino

2024: Quantitative Convergence Rates for Stochastically Monotone Markov Chains

Takashi Kamihigashi and John Stachurski

2024: Insatiable Wealth Preference: Evidence from Japanese Household Survey

Mika Akesaka, Ryo Mikami and Yoshiyasu Ono

2024: The Impact of Intergenerational Transfers on the Distribution of Wealth: An International Comparison

Charles Horioka

2024: Did COVID-19 Deteriorate Mismatch in the Japanese Labor Market?

Yudai Higashi and Masaru Sasaki

2024: Industry Dynamics with Cartels: The Case of the Container Shipping Industry

Suguru Otani

2024: Can Sustainable Consumption and Production Solve the Dilemma of Corporate Environmental Responsibility and Economic Performance? An Empirical Analysis of Japanese-listed Companies from the Stakeholder Management Perspective

Tingting Yin and Kimitaka Nishitani

2024: Why Do Europeans Save? Micro-Evidence from the Household Finance and Consumption Survey

Charles Horioka and Luigi Ventura

2024: Delegating Decisions to Independent Committees

Narumi Teshima

2024: The Nexus between Long-term Care Insurance, Formal Care, Informal Care, and Bequests: The Case of Japan

Charles Horioka, Emin Gahramanov and Xueli Tang

2024: Above the Clouds: Unveiling Insights Through Semi-Structured Interviews with Airline Employees Surrounding the COVID-19 Pandemic Era

Hansha Kistamah and Miwa Matsuo

2024: Instrumented Difference-in-Differences with Heterogeneous Treatment Effects

Sho Miyaji

2024: Strategic Export Decisions in International Trade

Kazuhiro Takauchi, Tomomichi Mizuno and Katsufumi Fukuda

2024: Nonparametric Regression under Cluster Sampling

Yuya Shimizu

2024: Preference for Childbirth Support Measures: Results of a Stated-choice Experiment in Japan

Junyi Shen and Ken-Ichi Shimomura

2024: Optimal Income Taxation and Formalization of the Informal Economy

Hirofumi Takikawa

2024: Preferences for Policies from the Perspectives of Different Generations: Evidence from a Stated Choice Experiment in Japan

Yoichiro Tsuji and Junyi Shen

2024: Distinguishing the Urban Wage Premium from Human Capital Externalities: Evidence from Mexico

Keisuke Kondo

2024: Capital Controls or Macroprudential Policies: Which is Better for Land Booms and Busts?

Yang Zhou and Shigeto Kitano

2024: Measuring the Attractiveness of Trip Destinations: A Study of the Kansai Region of Japan

Keisuke Kondo

2024: Informality and Dynamism of Microbusinesses in Africa: Possible Causalities

Hiroyuki Hino, Nobuaki Hamaguchi, Charles Piot and Jiahan Yin

2024: Multi-Dimensional Informality and Dynamism of Microenterprises in Africa

Nobuaki Hamaguchi, Hiroyuki Hino, Charles Piot and Jiahan Yin

2024: Rethinking the Informal Economy in Africa: Findings of a Survey of Microbusinesses in Ghana, Kenya and Nigeria

Hiroyuki Hino, Charles Piot, Nobuaki Hamaguchi, Lilly Brouwer and Jiahan Yin

2024: Measuring Trend Inflation Using Financial Condition: The Case of Japan

Masahiko Shibamoto

2024: How Do Relative Concerns Affect Mental Health among Elderly Japanese?

Yumi Ishikawa

2024: Foreign Affiliates' Position in Global Value Chains and Local Sourcing in Chile: Evidence from Plant-Level Panel Data

Yoshimichi Murakami

2024: Tradition and Craft Organising: A Review of the Context of Japanese Sake Master Brewer

Masashi Goto

2024: Are there any Long-lasting Human-Capital Effects from Exposure to the United States' Herbicide Bombings over Generations? Evidence from the Vietnam War

Thanh P. Bui and Katsushi Imai

2024: The Impact of Individual Loss Aversion on Market Risk-Return Trade-off: A Non-linear Approach

Shoka Hayaki

2024: Reality Hits Early Warning System: Based on Unsupervised Isolation Forest Anomaly Detection

Katsuyuki Tanaka, Takuo Higashide, Takuji Kinkyo and Shigeyuki Hamori

2024: The Feldstein-Horioka Puzzle or Paradox after 44 Years: A Fallacy of Composition

Charles Horioka

2024: Backgrounds and Effectiveness of Remote Work during the Early Stage of the COVID-19 Pandemic in Japan

Ikutaro Enatsu

2024: Does the Restriction Policy of High-skill Immigrants Benefit Native Workers?

Takuma Sugiyama

2023: Commodity Prices, Financial Frictions, and Macroprudential Policies

Shigeto Kitano and Kenya Takaku

2023: Effects of Corporate Governance on the Relationship between Accounting Quality and Trade Credit: Evidence from Japan

Masahiro Enomoto

2023: Which Type of Misinformation Is the Hardest to Detect? Gender and Age-Group Differences in Fake News Consumption on Social Media

Vera Paola Shoda

2023: Colonialism, Institutional Quality, and the Resource Curse

Jubril Animashaun, Ada Wossink and Katsushi Imai

2023: The Contribution of Environmental Management Control Systems to Sustainable Development Goals Through Sustainable Consumption and Production: An Empirical Analysis of Companies in Thailand, Vietnam, Japan, and Germany

Kimitaka Nishitani, Thomas Guenther, Qi Wu, Edeltraud Guenther and Katsuhiko Kokubu

2023: Pilots' Desire to Become Future Space Tourism Pilots: Polynomial Regression Using Response Surface Analysis

Robert A. Goehlich and Ralf Bebenroth

2023: ESG Incentives and Attracting Socially Responsible Capital

Meg Adachi-Sato

2023: Effect of Sovereign Wealth Funds in Commodity-Exporting Economies when Commodity Prices Affect Interest Spreads

Shigeto Kitano and Kenya Takaku

2023: Destination Trade Credit and Exports: Evidence from Cross Country Panel Data

Changyuan Luo, Shuai Zeng and Laixun Zhao

2023: Endowments-swapping-proofness and Efficiency in Multiple-Type Housing Markets

Di Feng

2023: Impacts and Distribution of Premiums from Temporal Social Networks across Generations

Yoshitaka Ogisu

2023: Do Deep Regional Trade Agreements Facilitate Regional Production Networks in Latin American and Caribbean Countries?

Yoshimichi Murakami

2023: The Nexus between Small and Large Factories in the Supply Chain of Indian Assembly Industries

Shuji Uchikawa and Takahiro Sato

2023: Effectiveness of Capital Controls: Gates versus Walls

Yang Zhou and Shigeto Kitano

2023: Impact of ESG Activities on Corporate Financial Performance: A Meta-analytical Approach

Qi Wu, Rui Wang and Xin Fu

2023: A Two Country Model of Trade with International Borrowing and Lending

Kazumichi Iwasa and Kazuo Nishimura

2023: Top Executive Turnover and Loan Loss Provisions: Evidence from Japanese Regional Banks

Masahiro Enomoto and Yusuke Fukaya

2023: A Comparison of Professional and Recreational Tennis Players' Self-presentation on Instagram

Vera Paola Shoda, Gian Philip R. Antolin and Angela Chriselle Y. Vaquilar

2023: Inflation, Business Cycle, and Monetary Policy: The Role of Inflationary Pressure

Masahiko Shibamoto

2023: Identifying Quantitative and Qualitative Monetary Policy Shocks

Kiyotaka Nakashima, Masahiko Shibamoto and Koji Takahashi

2023: Gender Gap and Parenthood Penalties in Business Travel from 2001 to 2017: Occupational Variations and Associations with Technology Use

Hristina Gaydarska and Miwa Matsuo

2023: Socially Responsible Investment: Ex-ante Contracting or Ex-post Bargaining?

Meg Adachi-Sato