By focusing on the impacts of investment in the disaster areas for reconstruction on the demand-side effects, the purpose of this study is to measure the economic impacts and regional spillover effects of investment for reconstruction. After the Great East Japan Earthquake of 2011, government...

The paper examines the impact of communication cost reductions on growth and welfare by means of an endogenous spatial growth model. Policy makers having to decide upon transport policies often claim certain policies such as infrastructure investments to have growth stimulating effects that...

In recent years there have been frequent efforts to analyse the systems for providing public production and propose to increase the productivity and find alternative service-delivery mechanisms based on public-choice assumptions and perspectives. It is used an approach New public services, which...

I analyze energy-efficiency policy as a prescription of a minimum-efficiency standard for energy-using household goods like cars, building insulation, and home appliances. Such a policy has two effects. At the intensive margin, a household that invests will choose a more efficient device. At the...

Spatial and environmental issues related to mobility are exacerbated in urban areas. Road congestion, rivalry of use for parking spaces and air pollution are major issues regularly at the heart of local transportation policies. They have been dealt with through various approaches. Mass transit...

This study investigates the benefits of cash in a general context. First, we explicitly address the arguments of cash critics, who are calling for cash to be abolished altogether. Second, we show that cash plays a crucial role in the current two-tier banking system. Third, we are discussing a...

Evaluation of amenities and benefits of public service broadcasting is crucially important with the accelerated convergence of broadcasting and telecommunications and the increasing heterogeneities of media use by individuals. With the use of the microdata provided from a survey carried out by...

This paper develops a search and matching model with hierarchical firms, human capital accumulation, internal promotions and on-the-job search. At the time of their market entry firms maximize present value of profits with respect to their promotion rule. Workers who are eligible for promotion...

Public health experts caution that global warming increases the likelihood of novel coronaviruses and amplifies their impacts. Such contagions are virtually unique in their ability to inflict catastrophic worldwide harm. Even more alarming is the forecast that future coronavirus pandemics will...

Despite evidence of the gender wage gap in favor of men, aggregate findings from correspondence studies show that women are more likely than men to be invited for a job interview (Gornall and Strebulaev, 2018). We hypothesize that the predominance of women among recruiters may explain this...