Japanese spousal tax deduction and social security systems cause a non-convex piece-wise budget constraint for married women. Using a pooled sample from the Japanese Panel Survey of Consumers, we structurally estimated a labor supply model that explicitly takes into account the nonlinearity in...

By using a unique data set of academic economists in Japanese universities, we conduct the first detailed study of gender differences in the duration of promotion within Japanese academia. We employ a duration model that simultaneously allows: a non-parametric estimation of the baseline hazard...

By using unique data about academic economists in Japanese universities, we conduct the first detailed study of gender salary differences within Japanese academia. Despite the common belief among Japanese academics that there cannot be a gender salary gap within the Japanese academia, our...

Japanese spousal tax deduction and social security system cause a piecewise linear and discontinuous budget constraint for a married woman. Using a sample from the Japanese Panel Survey of Consumers, we estimate a labor supply model that simultaneously controls for wage endogeneity, sample...

We conduct a comprehensive analysis of the existing literature on the labor supply of Japanese married women using the Japanese Panel Survey of Consumers. We first conduct a detailed sensitivity analysis of the estimates of the wage elasticity to various economic and statistical assumptions used...

This paper provides empirical evidence of the effect stock options and total compensation on the job turnover of corporate Chief Executive Officers (CEOs). Our estimates indicate that both the amount and the composition of the compensation package are important determinants of CEO turnover...

Using the personnel and transaction data from a large auto dealership in Japan, this paper discusses the value, incentives, assignments, determinants of performance, and learning of managers. We find that: (1) moving one standard deviation up the distribution of manager fixed effects raises a...

Subjective performance evaluation serves as a double-edged sword. While it can mitigate multitasking agency problems, it also opens the door to evaluators' biases, resulting in lower job satisfaction and a higher rate of worker quits. Using the personnel records of individual sales...

As climate change is established to occur on scientific bases, it is imperative to identify the effect of climate shocks on economy. According to international organizations, agriculture, forestry and fisheries are the most vulnerable sectors to climate change predominantly for developing and...