This paper analyzes and predicts the changes of relationship between income and fertility rate of cross-countries using a bivariate mixture model and a latent change score model. This paper has shown that there is a negative relationship between income and fertility rate, which is presented in...

This paper analyzes the effect of public pension system on lifespan and happiness level using optimal longevity model. This paper found the following. Public pension system can make life expectancy longer, however, the extension of lifespan caused by the public pension, not by own decision,...

Ethnic heterogeneity influences economic growth through various channels such as efficiency improvement and capital accumulation. However, it is open to discussion exactly how ethnic heterogeneity affects these channels. Hence, this paper attempts to examine the effects of heterogeneity on...

Ethnic heterogeneity influences economic growth through various channels such as efficiency improvement and capital accumulation. However, it is open to discussion exactly how ethnic heterogeneity affects these channels. Hence, this paper attempts to examine the effects of heterogeneity on...

This paper explores how an early leader's choices influence later followers' choices via social interaction, and to what extent this sequential behavior enhances industrial development by using the long-term data of Japanese professional baseball. Major findings make it evident that the "Leader"...