For calibrating the conceptual hydrological models (CHM), the traditional calibration method with a single objective cannot properly measure all the behaviors of the hydrological system. To obtain a successful parameters calibration, in this paper, we propose a multi-objective cultural...

The rural commodity economy in the Edo period developed by leaps and bounds under the influence of institution, policy, technology and other factors. From the mid-17th century, the specific area of cash crops gradually took shape in Japan and the large-scale cultivation of cash crops greatly...

This study demonstrates how the stability of Mantel–Haenszel (MH) DIF (differential item functioning) methods can be improved by integrating information across multiple test administrations using Bayesian updating (BU). The authors conducted a simulation that showed that this approach,...

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...

This paper provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. First, a comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants are presented. A measure of...

This paper analyzes the relationship between the real exchange rate and the business cycle in Japan during the floating rate period. A structural vector autoregression is used to identify different types of macroeconomic shocks that determine fluctuations in aggregate output and the real...