This study investigates the relationship of relative income on males' marital behavior using individual data taken from the Japanese Employment Status Survey. The data show that relatively low-income males among each reference group are more likely to marry when their income approaches the 50th...

This paper examines the effects of school curricula on subsequent preference formation. The estimation results, using Japanese data, show that the actual curriculum at public elementary schools varies widely from area to area and is associated with preference formation. Specifically, pupils who...

Purpose: Examining the linkage between self-reported ethnicity and the propensity for family-based informal health care, this study considers cultural connections to religion as a possible explanation for ethnic difference. Design and Methods: Nation-wide survey respondents (N = 2,126) were...

Japan, like most of the developed world, faces potentially extreme demographic shortfalls brought on by a rapidly aging society with a long life expectancy and low birthrate. Where other western countries have utilized greater levels of immigration to help fight these tendencies, immigration...

Japan, like most of the developed world, faces potentially extreme demographic shortfalls brought on by a rapidly aging society with a long life expectancy and low birthrate. Where other western countries have utilized greater levels of immigration to help fight these tendencies, immigration...

This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...

In this paper, I find (1) that Japan showed massive and persistent current account surpluses from at least 1981 and until at least 2011, (2) that Professor Ronald McKinnon was correct, at least in the case of Japan, and that these large and persistent current account surpluses were due primarily...

This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a desire for dynasty building) and shows that these assumptions have very different implications for bequest motives and bequest division. After reviewing some of the literature on...

The delay effect, that people discount the near future more than the distant future, has not been verified rigorously. An experiment conducted by us in China confirms that, by separating the delay from the interval, the delay effect exists only within a short delay. The results are reliable,...

In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a life cycle model and panel data on Chinese provinces for the 1995-2004 period from China's household survey. We find that China's household saving rate has been high and rising...