Showing 1 - 10 of 31
Employing the Japan-U.S. international survey, this study analyzed the cause of rising perception of the widening … income gap in Japan. Between these two countries, their distinct value judgments on the substance of gap influence their …
Persistent link: https://www.econbiz.de/10003490408
This study is an empirical attempt to investigate the effects of balance sheet deterioration of Japanese firms and banks during the 1990s on credit allocation using the Short-term Economic Survey of Enterprises. This survey includes a unique item: the proportion of firms perceiving the lending...
Persistent link: https://www.econbiz.de/10003407383
Persistent link: https://www.econbiz.de/10003692572
Cabinet ; survey ; Japan …
Persistent link: https://www.econbiz.de/10003502801
puzzle in Japan, thereby suggesting that Japanese investors are less risk averse than US investors. However, a model … simple capital asset-pricing model in Japan. -- Risk premium puzzle ; nonexpected utility ; CAPM …
Persistent link: https://www.econbiz.de/10003981977
Ever since the classical works of Smith and Veblen, economists have recognized that individuals care about their relative positions and status in addition to their own consumption. This paper addresses a new framework of choice experiments in order to specify the shape of utility function with...
Persistent link: https://www.econbiz.de/10003921828
Persistent link: https://www.econbiz.de/10011348431
In this paper, we conduct a theoretical analysis of why individuals provide care and attention to their elderly parents using a two-period overlapping generations model with endogenous saving and a "contest success function" and test this model using micro data from a Japanese household survey,...
Persistent link: https://www.econbiz.de/10011458795
. Estimating a fixed effects model, we found that supporters of the Democratic Party of Japan (DPJ), the winner, became … significantly happier, and supporters of the Liberal Democratic Party of Japan (LDP) and New Komeito, the losers, became …
Persistent link: https://www.econbiz.de/10010471753
Based on a panel data set of Japanese manufacturing firms in research-intensive industries, we investigate quantitatively the extent to which debt outstandings in the 90s affected the firm’s R&D activities. We find that massive debt outstandings had significantly negative effect on R&D...
Persistent link: https://www.econbiz.de/10002104622