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Bertrand competition under network externalities

Aoyagi, Masaki - 2013

consumption externalities, we show that an equilibrium price equals the marginal cost if and only if the buyer network is complete … or cyclic. When the externalities are approximately linear in the size of consumption, we identify the classes of …

Persistent link: https://www.econbiz.de/10010332222

Tax reform in Japan: The case of personal taxes

Horioka, Charles Yuji; Sekita, Shizuka - 2006

In this paper, we conduct a theoretical analysis of personal taxes (defined to include consumption and income taxes … policy recommendations about how to reform personal taxes in Japan. We find that the structure of Japan's current consumption …

Persistent link: https://www.econbiz.de/10010332244

The causes of Japan's 'lost decade': The role of household consumption

Horioka, Charles Yuji - 2006

stagnation of household consumption during the 1990s and find that the stagnation of household disposable income, the decline in …

Persistent link: https://www.econbiz.de/10010332277

Recent trends in consumption in Japan and the other Group of Seven (G7) countries

Horioka, Charles Yuji - 2012

In this paper, we present data on recent trends in private consumption and in possible determinants of private … consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of … consumption growth rates but also in the determinants of private consumption growth during the 2002-07 period. With respect to …

Persistent link: https://www.econbiz.de/10010332369

Do borrowing constraints matter? An analysis of why the permanent income hypothesis does not apply in Japan

Kohara, Miki; Horioka, Charles Yuji - 2006

We use micro data on young married households from the Japanese Panel Survey of Consumers in order to analyze the importance of borrowing constraints in Japan. We find (1) that 8 to 15 percent of young married Japanese households are borrowing-constrained, (2) that household assets and the...

Persistent link: https://www.econbiz.de/10010332375

The dissaving of the aged revisited: The case of Japan

Horioka, Charles Yuji - 2006

In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of this paper, all previous studies as well as the newly...

Persistent link: https://www.econbiz.de/10010332389

The (dis)saving behavior of the aged in Japan

Horioka, Charles Yuji - 2009

, increases in consumption expenditures, and increases in taxes and social insurance premiums. These findings are consistent with …

Persistent link: https://www.econbiz.de/10010332495

Does the selfish life-cycle model apply in the case of Japan?

Horioka, Charles - 2020

In this paper, we first provide a brief exposition of the simplest version of the selfish life cycle model or hypothesis, which is undoubtedly the most widely used theoretical model of household behavior in economics, and then survey the literature on household saving behavior in Japan (with...

Persistent link: https://www.econbiz.de/10012430036

Is the selfish life-cycle model more applicable in Japan and, if so, why? A literature survey

Horioka, Charles - 2020

The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said to have closer family ties than other countries? In...

Persistent link: https://www.econbiz.de/10012543994

Are Americans more Altruistic than the Japanese Comparison of Saving and Bequest Motives.

Horioka, C.Y.; Fujisaki, H.; Watanabe, W.; Kouno, T. - Institute of Social and Economic Research (ISER), Osaka … - 2000

In this paper, we analyze a variety of data on saving motives, bequest motives, and bequest division from the "Comparative Survey of Savings in Japan and the United States", a binational survey conducted in 1996 by the Institute for Posts and Telecommunications Policy of the Ministry of Posts...

Persistent link: https://www.econbiz.de/10008458117