CIRJE F-Series

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CIRJE-F-246: Less is More: An Observability Paradox in Repeated Gamess

Michihiro Kandori and Ichiro Obara

CIRJE-F-245: Applications of the Asymptotic Expansion Approach based on Malliavin-Watanabe Calculus in Financial Problems

Naoto Kunitomo and Akihiko Takahashi

CIRJE-F-244: Implementation and Preference for Honesty

Hitoshi Matsushima

CIRJE-F-243: "Voice" and "Exit" in Japanese Firms during the Second World War: Sanpo Revisited

Tetsuji Okazaki

CIRJE-F-242: Repeated Games with Private Monitoring: Two Players

Hitoshi Matsushima

CIRJE-F-241: Measuring the Extent and Implications of Director Interlocking in the Pre-war Japanese Banking Industry

Tetsuji Okazaki, Michiru Sawada and Kazuki Yokoyama

CIRJE-F-240: Conflicts of Interest in Japanese Insolvencies: The Problem of Bank Rescues

Yoshiro Miwa and John Ramseyer

CIRJE-F-239: Does Relationship Banking Matter? Japanese Bank-Borrower Ties in Good Times and Bad

Yoshiro Miwa and John Ramseyer

CIRJE-F-238: Measuring the Cost of Imperfect Information in the Tokyo Housing Market

Chihiro Shimizu, Kiyohiko G. Nishimura and Yasushi Asami

CIRJE-F-237: Asymptotic Expansions of the Distributions of Semi-Parametric Estimators in a Linear Simultaneous Equations System

Naoto Kunitomo and Yukitoshi Matsushita

CIRJE-F-236: Does Community Management Help Keep Kids in Schools? Evidence Using Panel Data from El Salvador's EDUCO Program

Emmanuel Jimenez and Yasuyuki Sawada

CIRJE-F-235: Immiserizing Growth: An Empirical Evaluation

Yasuyuki Sawada

CIRJE-F-234: Credit Crunches and Household Welfare: The Case of the Korean Financial Crisis

Sun Jin Kang and Yasuyuki Sawada

CIRJE-F-233: The Future of Japanese Aid to South and Southeast Asia: A Comparative Analysis

Haider Khan

CIRJE-F-232: Liquidity Motives of Holding Money under Investment Risk: A Dynamic Analysis

Kiyohiko G. Nishimura and Hiroyuki Ozaki

CIRJE-F-231: Digital Transitions: The POLIS Theory and The NIEs

Haider Khan

CIRJE-F-230: Corporate Governance:The Limits of the Principal- Agent Approach in Light of the Family-Based Corporate Governance System in Asia

Haider Khan

CIRJE-F-229: Corporate Governance of Family-Based Businesses in Asia: Which Road to Take?

Haider Khan

CIRJE-F-228: Corporate Governance in Singapore and Hong Kong: What Can the Other Asian Economies Learn?

Haider Khan

CIRJE-F-227: Selection and Imitation in Institutional Evolution: Analysis of Institutional Change in Japan, 1960-1999

Tetsuji Okazaki

CIRJE-F-226: Empirical characteristic function approach to goodness-of-fit tests for the Cauchy distribution with parameters estimated by MLE or EISE

Muneya Matsui and Akimichi Takemura

CIRJE-F-225: The Japanese Banking Crisis and Economic Growth: Theoretical and Empirical Implications of Deposit Guarantees and Weak Financial Regulation

Robert Dekle and Kenneth Kletzer

CIRJE-F-224: Locational Disadvantage and Losses from Trade: Three Regions in Economic Geography

Takanori Ago, Ikumo Isono and Takatoshi Tabuchi

CIRJE-F-223: Regional Specialization, Urban Hierarchy, and Commuting Costs

Takatoshi Tabuchi and Jacques Thisse

CIRJE-F-222: Does Natural Selection Mechanism Still Work in Severe Recessions? --Examination of the Japanese Economy in the 1990s ---

Kiyohiko G. Nishimura, Takanobu Nakajima and Kozo Kiyota

CIRJE-F-221: Block Sampler and Posterior Mode Estimation for a Nonlinear and Non-Gaussian State-Space Model with Correlated Errors

Yasuhiro Omori and Toshiaki Watanabe

CIRJE-F-220: Random Matching Models and Money: The Global Structure and Approximation of the Set of Stationary Equilibria

Kazuya Kamiya and Adolphus Talman

CIRJE-F-219: A Simple Axiomatization of Iterated Choquet Objectives

Kiyohiko G. Nishimura and Hiroyuki Ozaki

CIRJE-F-218: Convergence and Catching Up in ASEAN: A Comparative Analysis

Lee Kian Lim and Michael McAleer

CIRJE-F-217: Patent Activity and Technical Change

Robert L. Basmann, Michael McAleer and Daniel Slottje

CIRJE-F-216: On the Structure, Asymptotic Theory and Applications of STAR-GARCH Models

Felix Chan and Michael McAleer

CIRJE-F-215: Asymptotic Properties of the Estimator of the Long-run Coefficient in a Dynamic Model with Integrated Regressors and Serially Correlated Errors

Zonglu He, Koichi Maekawa and Michael McAleer

CIRJE-F-214: Modelling International Travel Demand from Singapore to Australia

Christine Lim and Michael McAleer

CIRJE-F-213: Pricing of Non-ferrous Metals Futures on the London Metal Exchange

Clinton Watkins and Michael McAleer

CIRJE-F-212: Asian Monetary Integration: A Structural VAR Approach

Zhaoyong Zhang, Kiyotaka Sato and Michael McAleer

CIRJE-F-211: Fat Tails and Asymmetry in Financial Volatility Models

Peter Verhoeven and Michael McAleer

CIRJE-F-210: Volatility Models of Currency Futures in Developed and Emerging Markets

John M. Sequeira, Pang Chia Chiat and Michael McAleer

CIRJE-F-209: Input-output Structure and Growth in China

Baiding Hu and Michael McAleer

CIRJE-F-208: Modelling the Asymmetric Volatility of Electronics Patents in the USA

Felix Chan, Dora Marinova and Michael McAleer

CIRJE-F-207: Estimation and Testing for Unit Root Processes with GARCH (1, 1) Errors: Theory and Monte Carlo Evidence

Shiqing Ling, W. K. Li and Michael McAleer

CIRJE-F-206: Ecologically Sustainable Tourism Management

Christine Lim and Michael McAleer

CIRJE-F-205: Regression Quantiles for Unstable Autoregressive Models

Shiqing Ling and Michael McAleer

CIRJE-F-204: Environmental Technology Strengths: International Rankings Based on US Patent Data

Dora Marinova and Michael McAleer

CIRJE-F-203: Structure and Asymptotic Theory for Multivariate Asymmetric Volatility: Empirical Evidence for Country Risk Ratings

Suhejla Hoti, Felix Chan and Michael McAleer

CIRJE-F-202: A Theory of Optimal Tariffs under a Revenue Constraint

Tatsuo Hatta and Yoshitomo Ogawa

CIRJE-F-201: Multi-Group Incentives

Hitoshi Matsushima

CIRJE-F-200: On Finite Sample Distributions of the Empirical Likelihood Estimator and the GMM Estimator

Naoto Kunitomo and Yukitoshi Matsushita

CIRJE-F-199: The Role of the Senior HR Executive in Japan and the United States: Companies, Countries, and Convergence

Sanford M. Jacoby and Kazuro Saguchi

CIRJE-F-198: Income Risks, Gender, and Human Capital Investment in a Developing Country

Yasuyuki Sawada

CIRJE-F-197: Uncertainty, Policy Ineffectiveness, and Long Stagnation of the Macroeconomy

Masanao Aoki and Hiroshi Yoshikawa