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The Consumption Response to Seasonal Income : Evidence from Japanese Public Pension Benefits
Stephens, Melvin - 2010
Japanese public pension benefits, which were distributed quarterly through February 1990 and every other month since then, induce substantial but predictable income fluctuations. The relative magnitude of the payments combined with the delay between payments yields a stronger test of the...
Persistent link: https://www.econbiz.de/10013138326
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The Effect of Patient Cost Sharing on Utilization, Health, and Risk Protection
Shigeoka, Hitoshi - 2013
This paper exploits a sharp reduction in patient cost sharing at age 70 in Japan, using a regression discontinuity …
Persistent link: https://www.econbiz.de/10013071761
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A Model to Evaluate Vehicle Emission Incentive Policies in Japan
Fullerton, Don - 2014
Using three years of data from the 47 prefectures of Japan, we estimate behavior of households who simultaneously make …
Persistent link: https://www.econbiz.de/10013050156
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Nationalism and Economic Exchange : Evidence from Shocks to Sino-Japanese Relations
Fisman, Raymond J. - 2014
We study the impact of nationalism and interstate frictions on international economic relations by analyzing market reaction to adverse shocks to Sino-Japanese relations in 2005 and 2010. Japanese companies with high China exposure suffer relative declines during each event window; a symmetric...
Persistent link: https://www.econbiz.de/10013054515
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'Risky Habits' and the Marginal Propensity to Consume Out of Permanent Income, or, How Much Would a Permanent Tax Cut Boost Japanese Consumption?
Carroll, Christopher D. - 2021
stimulating aggregate demand in Japan may be misguided …
Persistent link: https://www.econbiz.de/10013225124
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Borrowing Constraints and Consumption Behavior in Japan
Wakabayashi, Midori; Horioka, Charles Yuji - 2021
In this paper, we use Japanese micro data to examine what characteristics borrowing-constrained households have and whether borrowing constraints have an important influence on household consumption behavior. We identify borrowing-constrained households using three different indicators, some of...
Persistent link: https://www.econbiz.de/10013249189
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The Persistence of Moral Suasion and Economic Incentives : Field Experimental Evidence from Energy Demand
Ito, Koichiro - 2015
Firms and governments often use moral suasion and economic incentives to influence intrinsic and extrinsic motivations for various economic activities. To investigate the persistence of such interventions, we randomly assigned households to moral suasion and dynamic pricing that stimulate energy...
Persistent link: https://www.econbiz.de/10013029026
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Privacy and Innovation
Goldfarb, Avi - 2014
the extent and direction of data-based innovation. We also show that the impact of privacy regulation can be extremely … heterogeneous. Therefore, we argue that digitization means that privacy policy is now a part of innovation policy …
Persistent link: https://www.econbiz.de/10013067852
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Induction and Evolution in the Origin of Inventions : Evidence from Smoking Cessation Products
Werfel, Seth H. - 2014
innovation in a socially desirable substitute. Evolutionary theory emphasizes the possibility of innovation waves associated with … products. It does appear, however, that dominant designs did have substantial positive innovation effects. More specifically … innovation effects at the firm level than among individual inventors …
Persistent link: https://www.econbiz.de/10013069009
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Dynamics of Consumer Demand for New Durable Goods
Gowrisankaran, Gautam - 2009
Most new consumer durable goods experience rapid prices declines and quality improvements, suggesting the importance of modeling dynamics. This paper specifies a dynamic model of consumer preferences for new durable goods with persistently heterogeneous consumer tastes, rational expectations,...
Persistent link: https://www.econbiz.de/10012764836