Discussion Paper Series

From Research Institute for Economics & Business Administration, Kobe University
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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

2014: Monetary Policy, Incomplete Asset Markets, and Welfare in a Small Open Economy

Shigeto Kitano and Kenya Takaku

2014: Decoding the Growth-Nutrition Nexus in China: Inequality, Uncertainty and Food Insecurity

Jing You, Katsushi Imai and Raghav Gaiha

2014: Seeking Ergodicity in Dynamic Economies

Takashi Kamihigashi and John Stachurski

2014: Perfect Simulation for Models of Industry Dynamics

Takashi Kamihigashi and John Stachurski

2014: An Axiomatic Approach to Measuring Degree of Stochastic Dominance

Takashi Kamihigashi and John Stachurski

2014: Multiple Interior Steady States in the Ramsey Model with Elastic Labor Supply

Takashi Kamihigashi

2014: Stability Analysis for Random Dynamical Systems in Economics

Takashi Kamihigashi and John Stachurski

2014: Corporate Environmental Initiatives and Shareholder Value: Focusing on the Role of Environmental Information and Its Credibility

Kimitaka Nishitani and Katsuhiko Kokubu

2014: Buffer Stock Savings by Portfolio Adjustment: Evidence from Rural India

Katsushi Imai and Bilal Malaeb

2014: Dynamic and Long-term Linkages among Growth, Inequality and Poverty in Developing Countries

Katsushi Imai and Raghav Gaiha

2014: Agricultural Employment, Wages and Poverty in Developing Countries

Katsushi Imai, Raghav Gaiha and Constanza Di Nucci

2014: Multiple Interior Steady States in the Ramsey Model with Elastic Labor Supply

Takashi Kamihigashi

2014: Product Innovation in Response to Environmental Standards and Competitive Advantage: A Hedonic Analysis of Refrigerators in the Japanese Retail Market

Kimitaka Nishitani and Munehiko Itoh

2014: The Announcement Effects of Regional Tourism Industrial Policy:The Case of the Hainan International Tourism Island Policy in China

Jianjun Sun, Su Zhang and Nobuyoshi Yamori

2014: An Application of Kleene's Fixed Point Theorem to Dynamic Programming: A Note

Takashi Kamihigashi, Kevin Reffett and Masayuki Yao

2014: The Effect of Institutional Factors on Discontinuities in Earnings Distribution: Public Versus Private Firms in Japan

Akinobu Shuto and Takuya Iwasaki

2014: Japanese SMEs and the Credit Guarantee System after the Global Financial Crisis

Nobuyoshi Yamori

2014: A Comparison between Optimal Capital Controls under Fixed Exchange Rates and Optimal Monetary Policy under Flexible Rates

Shigeto Kitano and Kenya Takaku

2014: Partial Stochastic Dominance

Takashi Kamihigashi and John Stachurski

2014: Seeking Ergodicity in Dynamic Economies

Takashi Kamihigashi and John Stachurski

2014: Welfare Benefits of Capital Controls:The Case of Spain

Shigeto Kitano and Yoichi Matsubayashi

2014: An Experimental Examination of Compensation Schemes and Level of Effort in Differentiated Tasks

Hiromasa Takahashi, Junyi Shen and Kazuhito Ogawa

2014: Nutrition, Activity Intensity and Wage Linkages: Evidence from India

Katsushi Imai, Samuel Annim, Veena S. Kulkarni and Raghav Gaiha

2014: Stable Shareholdings, the Decision Horizon Problem, and Patterns of Earnings Management

Akinobu Shuto and Takuya Iwasaki

2014: Women's Empowerment and Prevalence of Stunted and Underweight Children in Rural India

Katsushi Imai, Samuel Annim, Veena S. Kulkarni and Raghav Gaiha

2014: Cultural Openness, Interpersonal Justice, and Job Satisfaction among Millennials and Seniors: Evidence from Japanese Target Employees following M&A

Ralf Bebenroth and Maimunah Ismail

2014: Nutritional Status of Children, Food Consumption Diversity and Ethnicity in Lao PDR

Samuel Annim and Katsushi Imai

2014: Macroeconomic Policy with Financial Market Stability: A Case Study of the Early 19th Century in Japan

Masahiko Shibamoto and Yasuo Takatsuki

2014: Accounting for Dissolution: The Case of Japanese Mining Corporations 1946-1950

Masayoshi Noguchi, Yasuhiro Shimizu and Tsunehiko Nakamura

2014: Corporate Environmental Initiatives and Shareholder Value: Focusing on the Role of Environmental Information and Its Credibility

Kimitaka Nishitani, M.B. Haider and Katsuhiko Kokubu

2014: Exchange Rate Adjustment, Monetary Policy and Fiscal Stimulus in Japan's Escape from the Great Depression

Masahiko Shibamoto and Masato Shizume

2014: Source of Underestimation of the Monetary Policy Effect: Re-examination of the Policy Effectiveness in Japan's 1990s

Masahiko Shibamoto

2014: Perfect Simulation for Models of Industry Dynamics

Takashi Kamihigashi and John Stachurski

2014: The Share of Nonprofit and For-profit Organizations in the Quasi-market: An Analysis of the Long-term Care Services Market in Japan

Junyi Shen, Nobuko Kanaya and Hiromasa Takahashi

2014: Greasing the Wheels? The Effect of Corruption in Regulated Manufacturing Sectors of India

Takahiro Sato and Atsushi Kato

2014: Capital Accumulation through Studying Abroad and Return Migration

Takumi Naito and Laixun Zhao

2014: State Space Application to Recent Automobile Sector Triangle Trade between Japan and Latin America

Nobuaki Hamaguchi, Silvio Miyazaki and Leonardo Correia

2014: The Nikodym Convergence Theorem for Countably Additive Set Functions on an Arbitrary Family of Sets

Takashi Kamihigashi and John Stachurski

2014: On the (de)Stabilizing Effect of Public Debt In a Ramsey Model with Heterogeneous Agents

Kazuo Nishimura, Carine Nourry, Thomas Seegmuller and Alain Venditti

2014: Seeking Ergodicity in Dynamic Economies

Takashi Kamihigashi and John Stachurski

2014: Examining the Tradeoff between Fixed Pay and Performance-related Pay: A Choice Experiment Approach

Junyi Shen, Kazuhito Ogawa and Hiromasa Takahashi