KIER Working Papers

From Kyoto University, Institute of Economic Research
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712: Aggregation, Heterogeneous Autoregression and Volatility of Daily International Tourist Arrivals and Exchange Rates

Chia-Lin Chang and Michael McAleer

711: Financing Harmful Bubbles

Hitoshi Matsushima

710: Ten Things We Should Know About Time Series

Michael McAleer and Les Oxley

708: IV Estimation of a Panel Threshold Model of Tourism Specialization and Economic Development

Chia-Lin Chang, Thanchanok Khamkaew and Michael McAleer

707: How does Zinfluence Affect Article Influence?

Chia-Lin Chang, Michael McAleer and Les Oxley

706: What Makes a Great Journal Great in Economics? The Singer Not the Song

Chia-Lin Chang, Michael McAleer and Les Oxley

705: Modeling the Volatility in Global Fertilizer Prices

Ping-Yu Chen, Chia-Lin Chang, Chi-Chung Chen and Michael McAleer

704: Liquidity, Interbank Market, and Capital Formation

Tarishi Matsuoka

703: Japano-Sclerosis?

Kenn Ariga and Ryosuke Okazawa

702: Indeterminacy and expectation-driven uctuations with non-separable preferences

Kazuo Nishimura and Alain Venditti

701: Heterogeneous Beliefs in a Continuous-Time Model

Chiaki Hara

700: A Fundamental Difficulty Underlying International Harmonization of Competition Policies

Makoto Yano and Takakazu Honryo

699: Observability of Chaotic Economic Dynamics in the Matsuyama Model

Makoto Yano, Kenji Sato and Yuichi Furukawa

698: A Two-Country Game of Competition Policies

Makoto Yano and Takakazu Honryo

697: Centralization and Local Public Finance in Russia

Kazuho Yokogawa

696: Risk and Uncertainty in Health Investment

Takao Asano and Akihisa Shibata

695: Securities Pricing with Information-Sensitive Discounting

Andrea Macrina and Priyanka Parbhoo

694: Constrained Inefficiency and Optimal Taxation with Uninsurable Risks

Piero Gottardi, Atsushi Kajii and Tomoyuki Nakajima

693: Lévy Random Bridges and the Modelling of Financial Information

Edward Hoyle, Lane Hughston and Andrea Macrina

692: Pricing Fixed-Income Securities in an Information-Based Framework

Lane Hughston and Andrea Macrina

691: Discrete-Time Interest Rate Modelling

Lane Hughston and Andrea Macrina

690: Trade Structure and Equilibrium Indeterminacy in a Two-Country Model

Yunfang Hu and Kazuo Mino

689: Do All Exporters Benefit from Export Boom? -Evidence from Japan

Naomitsu Yashiro and Daisuke Hirano

688: The Economic Crisis in Russia: Fragility and Robustness of Globalisation

Satoshi Mizobata

687: An Industrial Agglomeration Approach to Central Place and City Size Regularities

Tomoya Mori and Smith Tony

686: A Dynamic Two Country Heckscher-Ohlin Model with Non-Homothetic Preferences

Eric Bond, Kazumichi Iwasa and Kazuo Nishimura

685: Effectively Complete Asset Markets with Multiple Goods and over Multiple Periods

Chiaki Hara

684: Production Structure, Household Time Allocation, and Fertility

Masako Kimura and Daishin Yasui

683: Consumption Externalities and Wealth Distribution in a Neoclassical Growth Model

Kazuo Mino and Yasuhiro Nakamoto

682: A Probabilistic Modeling Approach to the Detection of Industrial Agglomerations

Tomoya Mori and Smith Tony

681: Firm Heterogeneity and Different Modes of Internationalization: Evidence from Japanese Firms

Ryuhei Wakasugi and Ayumu Tanaka

680: The Japanese Economic System under the Global Crisis: Change and Continuity

Satoshi Mizobata

679: Location and organization choice of firms

Kenmei Tsubota

678: How do high school graduates in Japan compete for regular, full time jobs? An empirical analysis based upon an internet survey of the youth

Kenn Ariga, Masako Kurosawa, Fumio Ohtake and Masaru Sasaki

677: Long-Run Impacts of Inflation Tax in the Presence of Maintenance Expenditures

Seiya Fujisaki and Kazuo Mino

676: Internal vs. External Habit Formation in a Growing Economy with Overlapping Generations

Masako Ikefuji and Kazuo Mino

675: Agglomeration and wage bargaining

Kenmei Tsubota

674: Skill-Biased Technical Change and Wage Inequality: The U.S. versus Europe

Ryosuke Okazawa

673: Inequality and Sequence of Economic Liberalization and Democratization

Nobuhiro Mizuno

672: Colonial Experience and Postcolonial Underdevelopment in Africa

Nobuhiro Mizuno and Ryosuke Okazawa

671: Evolutionary Sequential Trading

Ryosuke Ishii

670: Optimal Execution in an Evolutionary Setting

Ryosuke Ishii

669: A Reconsideration of the NAS Rule from an Industrial Agglomeration Perspective

Tomoya Mori and Smith Tony

668: Employment and Wage Adjustments at Firms under Distress in Japan: An Analysis Based upon a Survey

Kenn Ariga and Ryo Kambayashi

667: A Study of Russian High-tech Industrial Policy

Hironori Fushita

666: ASYMPTOTICS OF STOCHASTIC RECURSIVE ECONOMIES UNDER MONOTONICITY

Takashi Kamihigashi and John Stachurski

665: Heterogeneous Impatience in a Continuous-Time Model

Chiaki Hara

664: Tradeoff between Inflation Stabilization and Growth Maximization

Hiroki Arato

663: Optimal Operational Monetary Policy Rules in an Endogenous Growth Model: a calibrated analysis

Hiroki Arato

662: Public Provision of Private Child Goods

Masako Kimura and Daishin Yasui