本論文は、2008 年と2009 年に約2,000 の世帯に対して継続して実施したアンケート調査に基づきながら、家計の公的・民間地震保険に対する選択行動におけるコンテクスト効果を検証している。2008...

Using data from the Japanese Panel Survey of Consumers (JPSC), this paper analyzes how the wage rates of married women are related to whether they take care of their and their husbands’ parents or not. We find that married women who earn higher wages tend not to take care of their own parents...

In recent years, changes in women's lifestyles, and a decline in recreation goods price due to technological progress have been observed in Japan. In this paper, we use Japanese household micro data and examine the effect of recreation goods price on child birth in Japan. We find that the...

Japanese Abstract:...

Japanese Abstract:Erickson et al. (2019)...

This paper examines how the informational efficiency of the Japanese stock markets changed with the introduction of ETFs(Exchange-Traded Funds) by looking at the arbitrage relationships between cash and futures of the Nikkei225. This paper is unique in that it uses tick data, which enable me to...

This paper examines the efficiency of the Dojima Rice Market established in 1730 in Osaka, and closed in 1869 due to the collapse of Tokugawa Shogunate. It had already been shown that there existed the price mechanism in Dojima. However, the most significant question: Whether the world first...

This paper introduces probability which represents symmetry transaction pattern into Roll [1984] and shows that the second autocorrelation for stockfs return is not necessarily zero. Glosten/Harris [1988] considers trader who symmetrically trades as information trader. Then I examine the...