We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan's population can explain the level of, and past and...

This study estimates teacher value-added (TVA) for language arts and mathematics test scores of students in public primary schools to investigate the empirical relationship between testscore TVA and observable traits and promotions of teachers. Our empirical strategy employs Chetty, Friedman,...

We evaluate the causal effect of class size (i.e., number of students in a classroom) on incidence of class closure due to flu epidemic in 2015, 2016, and 2017, applying an instrumental variable method with the Maimonides rule to administrative data of public primary and middle school students...

This paper examines how class closures affect the academic achievements of Japanese students in primary and middle schools, with a special focus on the heterogeneous effects of the socioeconomic backgrounds of students' households. Utilizing the administrative data of students from a city in the...

We empirically examine how the decision to purchase private health insurance and hospitalization are made based on labor income, socio-demographic factors, and private health insurance. The increase in household labor income and wealth has a positive effect on purchasing private health...

We investigate how Japanese men aged 60-74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at age 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working are more likely to be...