In this study, we examine what promotes individual's health-related activities and how these activities affect the individual's health status. For this purpose, we use data from an original survey conducted in Japan. We adopt an estimation model which takes into account the following points: the...

The Bank of Japan adopted the Quantitative Easing (QE) Policy from March 2001 to March 2006. This paper investigates whether or not this QE had an effect in stimulating real economy in Japan. The identification of policy effect in the above Japanese case enables us to evaluate indirectly the...