When governments levy taxes on labor income on the basis of a balanced budget rule, two steady states in an economy exist, which can cause two movement patterns, namely, indeterminacy paths and a saddle path. Many economists deal with this issue based on indivisiblelabor. On an general...

The production of simple silk fabric, called habutae or habutai, expanded rapidly from 1890 to the end of the 1910s in Fukui prefecture, and it was exported to Europe and the U.S. Habutae was initially woven by hand looms in cottage enterprises and, hence, its production was labor intensive. It...

This paper examines the effect of the aggravated male employment environment on female marriage behavior in Japan. Using extensive individual data from Japanfs Employment Status Survey, I conduct an empirical analysis on the effect of increase in the male irregular employee rate, in terms of...

We construct a continuous-time overlapping-generations model with labor market friction in order to examine the relationship between bubbles, economic growth, and unemployment. We show that the existence of bubbles is contingent upon the equilibrium unemployment rate. Asset bubbles can (not)...

Using a unique data set from our survey of academic economists in Japan, we present the first detailed study of gender promotion gaps in Japanese academia. The length of time from initial appointment to promotion to associate professor is greater for women than men, largely due to women spending...

This study investigates the market for traditional dress in Japan in the second half of the 20th century. The textile industry has been regarded as a gdecliningh or mature industry in Japan since around the 1970s, and imports from developing countries with lower wages have increased rapidly....