Discussion Paper Series

From Research Institute for Economics & Business Administration, Kobe University
2-1 Rokkodai, Nada, Kobe 657-8501 JAPAN.
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2016: A Multiple-Try Extension of the Particle Marginal Metropolis-Hastings (PMMH) Algorithm with an Independent Proposal

Takashi Kamihigashi and Hiroyuki Watanabe

2016: The Role of Local Accounting Standard Setters in Institutional Complexity: 'Explosion' of Local Standards in Japan

Saori Matsubara and Takahiro Endo

2016: Estimation of Vulnerability to Poverty Using a Multilevel Longitudinal Model: Evidence from the Philippines

Christian Mina and Katsushi Imai

2016: Rates of time preference and the current account in a dynamic model of perpetual youth -Should "global imbalances" always be balanced?-

Koichi Hamada and Masaya Sakuragawa

2016: Discontinuities in Earnings and Earnings Change Distributions after J-SOX Implementation: Empirical evidence from Japan

Masahiro Enomoto and Tomoyasu Yamaguchi

2016: Job Satisfaction of Returnees to Japan

Lara Makowski and Ralf Bebenroth

2016: Beyond Taxation: Discourse around Energy Policy in Japan

Takahiro Endo, Yuki Tsuboyama and Yoritoshi Hara

2016: Asia's Rural-urban Disparity in the Context of Growing Inequality

Katsushi Imai and Bilal Malaeb

2016: Remittances, Growth and Poverty Reduction in Asia - A Critical Review of the Literature and the New Evidence from Cross-country Panel Data

Katsushi Imai, Bilal Malaeb and Fabrizio Bresciani

2016: Dynamic and Long-term Linkages among Agricultural and Non-Agricultural Growth, Inequality and Poverty in Developing Countries

Katsushi Imai, Wenya Cheng and Raghav Gaiha

2016: Fast Bellman Iteration: An Application of Legendre-Fenchel Duality to Deterministic Dynamic Programming in Discrete Time

Ronaldo Carpio and Takashi Kamihigashi

2016: 41 Counterexamples to Property (B) of the Discrete Time Bomber Problem

Takashi Kamihigashi

2016: A Simple Optimality-Based No-Bubble Theorem for Deterministic Sequential Economies

Takashi Kamihigashi

2016: Regime-Switching Sunspot Equilibria in a One-Sector Growth Model with Aggregate Decreasing Returns and Small Externalities

Takashi Kamihigashi

2016: How Did the Introduction of Deposit Insurance Affect Chinese Banks? An Investigation of Its Wealth Effect

Jianjun Sun and Nobuyoshi Yamori

2016: Infinite-Horizon Deterministic Dynamic Programming in Discrete Time: A Monotone Convergence Principle and a Penalty Method

Takashi Kamihigashi and Masayuki Yao

2016: Revisiting Marshallian versus Walrasian Stability in an Experimental Market

Junyi Shen, Ken-Ichi Shimomura, Takehiko Yamato, Tokinao Ohtaka and Kiyotaka Takahashi

2016: Disciplinary Pressure is More Necessary for Cooperative Banks Than Stock Banks: Results from Bank Efficiencies Estimation

Kozo Harimaya, Kei Tomimura and Nobuyoshi Yamori

2016: Empirical Assessment of the Impact of Monetary Policy Communication on the Financial Market

Masahiko Shibamoto

2016: The Impact of Japanese Regulatory Changes on Accrual-Based and Real Earnings Management

Masahiro Enomoto and Tomoyasu Yamaguchi

2016: Does Agricultural Growth Reduce Inequality and Poverty in Developing Countries?

Katsushi Imai, Raghav Gaiha and Wenya Cheng

2016: Welfare Effects of Endogenous Information Acquisition and Disclosure in Duopoly Markets

Kazunori Miwa

2016: A Simple No-Bubble Theorem for Deterministic Sequential Economies

Takashi Kamihigashi

2016: Endogenous Procyclicality of Labor Productivity, Employment, Real Wages and Effort in Conditionally Heteroskedastic Sunspots Unemployment Business Cycles with Negishi-Solow Efficiency Wages

Jean-Michel Grandmont

2016: Does Physical Exercise Affect Tradeoffs between Fixed Pay and Performance-related Pay for Individuals?

Weiyi Zhang, Hiromasa Takahashi and Junyi Shen

2016: An Empirical Analysis on the Determinants of Overweight and Obesity in China

Ping Gao and Junyi Shen

2016: Gender-specific Reference-dependent Preferences in an Experimental Trust Game

Hiromasa Takahashi, Junyi Shen and Kazuhito Ogawa

2016: Understanding Regional Growth Dynamics in JAPAN: Panel Cointegration Approach Utilizing The PANIC Method

Masahiko Shibamoto, Yoshiro Tsutsui and Chisako Yamane

2016: Recursive Utility and the Solution to the Bellman Equation

Masayuki Yao

2016: A Comparative Empirical Analysis of the Determinants of Initiation of Integrated Reporting Practices in Japanese and UK Listed Companies: The View of Voluntary Disclosure Theory or Legitimacy Theory?

Kimitaka Nishitani

2016: Consumption Smoothing, Risk Sharing and Household Vulnerability in Rural Mexico

Naoko Uchiyama

2016: Fast Bellman Iteration: An Application of Legendre-Fenchel Duality to Deterministic Dynamic Programming in Discrete Time

Ronaldo Carpio and Takashi Kamihigashi

2016: Robust Comparative Statics for Non-monotone Shocks in Large Aggregative Games

Carmen Camacho, Takashi Kamihigashi and Çağrı Sağlam

2016: Violent Conflicts and Economic Performance of the Manufacturing Sector in India

Atsushi Kato and Takahiro Sato

2016: External Debt and Taylor Rules in a Small Open Economy

Shigeto Kitano and Kenya Takaku

2016: Hometown-specific Bargaining Power in an Experimental Market in China

Xiangdong Qin, Junyi Shen, Ken-Ichi Shimomura and Takehiko Yamato

2015: International Transmission of Bubble Crashes in a Two-Country Overlapping Generations

Lise Clain-Chamosset-Yvrard and Takashi Kamihigashi

2015: Regime-Switching Sunspot Equilibria in a One-Sector Growth Model with Aggregate Decreasing Returns and Small Externalities

Takashi Kamihigashi

2015: The Tangibility Effect of Paper Money and Coins in an Investment Experiment

Junyi Shen and Hiromasa Takahashi

2015: Seeking Ergodicity in Dynamic Economies

Takashi Kamihigashi and John Stachurski

2015: Critical Capital Stock in a Continuous-Time Growth Model with a Convex-Concave Production Function

Ken-Ichi Akao, Takashi Kamihigashi and Kazuo Nishimura

2015: A Simple No-Bubble Theorem for Deterministic Sequential Economies

Takashi Kamihigashi

2015: Indeterminacy in a Model with Production Externality and Inferiority in Consumption

Kazumichi Iwasa and Kazuo Nishimura

2015: Inefficiency and Self-Determination: Simulation-based Evidence from Meiji Japan

Eric Weese, Masayoshi Hayashi and Masashi Nishikawa

2015: Mate Choice Mechanism for Solving a Quasi-Dilemma

Tatsuyoshi Saijo and Junyi Shen

2015: Geography and Demography: New Economic Geography with Endogenous Fertility

Hiroshi Goto and Keiya Minamimura

2015: Infnite-Horizon Deterministic Dynamic Programming in Discrete Time: A Monotone Convergence Principle

Takashi Kamihigashi and Masayuki Yao

2015: Reciprocity and Exclusion in Informal Financial Institutions: An Experimental Study of Rotating Savings and Credit Associations

Shimpei Koike, Mayuko Nakamaru, Tokinao Otaka, Hajime Shimao, Ken-Ichi Shimomura and Takehiko Yamato

2015: Effects on the Cross-Country Difference in the Minimum Wage on International Trade, Growth and Unemployment

Chihiro Inaba and Katsufumi Fukuda

2015: Robust Predictions under Finite Depth of Reasoning

Kota Murayama

2015: Robust Comparative Statics of Non-monotone Shocks in Large Aggregative Games

Carmen Camacho, Takashi Kamihigashi and Çağrı Sağlam

2015: A Simple No-Bubble Theorem for Deterministic Dynamic Economies

Takashi Kamihigashi

2015: When Organizational Justice Matters for Affective Merger Commitment

Ralf Bebenroth and Kai Oliver Thiele

2015: International Transmission of Bubble Crashes: Stationary Sunspot Equilibria in a Two-Country Overlapping Generations Model

Lise Claini-Chamosset-Yvrard and Takashi Kamihigashi

2015: The Effects of Globalization on Regional Inequality in a Model of Semi-endogenous Growth and Foot-loose Capital

Katsufumi Fukuda

2015: Accrual-Based and Real Earnings Management: An International Comparison for Investor Protection

Masahiro Enomoto, Fumihiko Kimura and Tomoyasu Yamaguchi

2015: Declining Nutrient Intake in a Growing China: Does Household Heterogeneity Matter?

Jing You, Katsushi Imai and Raghav Gaiha

2015: Declining Nutrient Intake in a Growing China: Does Household Heterogeneity Matter?

Noriaki Matsushima and Laixun Zhao

2015: Fertility, Regional Demographics, and Economic Integration

Hiroshi Goto and Keiya Minamimura

2015: Estimation of Vulnerability to Poverty Using a Multilevel Longitudinal Model: Evidence from the Philippines

Christian Mina and Katsushi Imai

2015: Deterministic Dynamic Programming in Discrete Time: A Monotone Convergence Principle

Takashi Kamihigashi and Masayuki Yao

2015: Identifying High Growth Firms in India: An Alternative Approach

Aradhna Aggarwal and Takahiro Sato

2015: The Growing Indian Middle Class: Attracting Indian Tourists to Japan

Srabani Roy Choudhury

2015: A Reexamination of Changes in Accounting Policy: Evidence from Japan

Masahiro Enomoto

2015: Fast Bellman Iteration: An Application of Legendre-Fenchel Duality to Infinite-Horizon Dynamic Programming in Discrete Time

Ronaldo Carpio and Takashi Kamihigashi

2015: Property Rights Protection in 18th century Japan Revisited; the Case of Rice Backed Security Exchange Market

Yasuo Takatsuki

2015: Workfare as "Collateral": The case of the National Rural Employment Guarantee Scheme (NREGS) in India

Subhasish Dey and Katsushi Imai

2015: Predetermined Exchange Rate, Monetary Targeting, and Inflation Targeting Regimes

Shigeto Kitano

2015: Cross-Country Evidence on Determinants of Fiscal Policy Effectiveness –The Role of Capital Flows and a Country's International Trade and Financial Position

Agata Wierzbowska and Masahiko Shibamoto

2015: Rural and Urban Poverty Estimates for Developing Countries: Methodologies

Katsushi Imai and Bilal Maleb

2015: Do Agricultural Extension Programmes Reduce Poverty and Vulnerability? Farm Size, Agricultural Productivity and Poverty in Uganda

Katsushi Imai, Md. Faruq Hasan and Eleonora Porreca

2015: Efficiencies of Small Financial Cooperatives in Japan: Comparison of Estimation Methods

Kozo Harimaya, Kei Tomimura and Nobuyoshi Yamori

2015: A Simple No-Bubble Theorem

Takashi Kamihigashi

2015: Does Non-Farm Sector Employment Reduce Rural Poverty and Vulnerability? Evidence from Vietnam and India

Katsushi Imai, Raghav Gaiha and Ganesh Thapa

2015: Inter-Industrial Factor Allocation in the Short and Long Runs in Chamberlinian Monopolistic Competition

Hiroshi Goto