Using the Survey of Company Fringe Benefits provided by the Life Insurance Culture Centre in 2002 (Social Science Japan data archive), this study provides corrected estimates for endogeneity attributed to family-friendly policies on wages. The results indicate that the policies related to...

Housing wealth and financial wealth are the most important asset categories in households' portfolios, and they are the joint outcomes of one decision process by households. This paper investigates how the investment decision for housing and financial wealth of households are interrelated with...

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Recently, as low birth rates and the aging of society have intensified, considerable analysis is being conducted using overlapping generations models with endogenous birth rates. However, most previous studies have assumed full employment. Since it is the case that unemployment does exist in...

Research was conducted concerning the effects of child support. Many earlier studies have assumed full employment. However, in the real economy, there is unemployment. The relation between the number of children in the economy and unemployment was investigated. The overlapping generation model...