Narrow search
Showing 1 - 10 of 205
Cover Image
Japanese corporate finance: What factors affect the financial decisions of Japanese firms? A survey result
Yamori, Nobuyoshi - 2006
largest economic block in Japan, with 2041 companies responding. This article introduces the results of this questionnaire …
Persistent link: https://www.econbiz.de/10010332431
Cover Image
The Degree of Judicial Enforcement and Credit Markets : Evidence from Japanese Household Panel Data
Horioka, Charles Yuji - 2010
In this paper, we conduct an empirical analysis of the impact of better judicial enforcement on the probability of being credit rationed, loan size, and the probability of bankruptcy using household-level data from the Japanese Panel Survey of Consumers, conducted by the Institute for Research...
Persistent link: https://www.econbiz.de/10013149663
Cover Image
Long-Term Effects of Labor Market Conditions on Family Formation for Japanese Youth
Hashimoto, Yuki; Kondo, Ayako - 2010
youth in Japan. Although deterioration in youth employment opportunities has often been blamed for Japan’s declining …
Persistent link: https://www.econbiz.de/10014191161
Cover Image
Tax reform in Japan: The case of personal taxes
Horioka, Charles Yuji; Sekita, Shizuka - 2006
), describe and evaluate the past and present structure of personal taxes in Japan, and based on our findings, make a number of … policy recommendations about how to reform personal taxes in Japan. We find that the structure of Japan's current consumption … improves both the efficiency and equity of Japan's personal taxes and, at the same time, achieves fiscal reconstruction. …
Persistent link: https://www.econbiz.de/10010332244
Cover Image
Managerial control inside the firm
Hirota, Shinichi; Kawamura, Kohei - 2005
This paper proposes an implicit control mechanism of managers inside the firm. We argue that the need to motivate workers may make it beneficial for a self-interested, short-sighted manager to pursue long-run viability of the firm. When the firm is in a stable environment, this implicit control...
Persistent link: https://www.econbiz.de/10010332257
Cover Image
Strategy-Proofness on Bankruptcy Problems with an Indivisible Object
Hashimoto, Kazuhiko - 2016
We analyze bankruptcy problems with an indivisible object, where real owners and outside traders want to allocate an indivisible object among them with monetary compensation. The object might be a company that has gone bankrupt or a house left by a parent who has died, and so on. We show that...
Persistent link: https://www.econbiz.de/10012997704
Cover Image
Fiscal Policy under Long-Run Stagnation : A New Interpretation of the Multiplier Effect
Murota, Ryu-ichiro - 2015
We develop a Keynesian cross analysis with a dynamic optimization setting that explains long-run stagnation caused by aggregate demand deficiency. We show that an increase in government purchases boosts GDP through a multiplier process, but the implication is quite different from the...
Persistent link: https://www.econbiz.de/10013022238
Cover Image
On the cash-flow and control rights of contingent capital
Mitchell, Chris - 2018
This paper develops a model of banking to study the risk-taking consequences of contingent capital (CC). It begins with the observation that partial conversion of CC provides its owners with a portfolio of equity and debt. Since the former (latter) asset typically induces a preference for risk...
Persistent link: https://www.econbiz.de/10012013655
Cover Image
Is Being Agreeable a Key to Success or Failure in the Labor Market?
Lee, Sun Youn - 2016
The main purpose of this paper is to study how the individual differences in non-cognitive skills, as measured by Big-Five personality traits, explain the variation in labor market outcomes. By analyzing the Japanese and US survey data, this study attempts to analyze how personality traits are...
Persistent link: https://www.econbiz.de/10012997706
Cover Image
Technological Progress, On-the-Job Search, and Unemployment
Miyamoto, Hiroaki; Takahashi, Yuya; Economic Research, … - 2009
This paper studies the impact of long-run productivity growth on job finding and separation rates, and thus the unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into the endogenous job separation model of Mortensen and...
Persistent link: https://www.econbiz.de/10014208790