1. Perspective The number of personal bankruptcy has been increasing recently in Japan. The burden of defaulted credits to Consumer Finance Companies (so called "sala-kin" in Japan) has been increasing accordingly. On the background of this trend, we can detect the following three peculiarities...

In 1820, many people thought that the development of Argentina and Chile would be as smooth as that of the United States. What went wrong? If we compare Argentina and Chile to some European countries, we can see examples of rich countries gradually receding. In 1910, the per capita GDP of...

Using industry-level data of the Japan Industrial Productivity Database (JIP Database) and firm-level data of the Ministry of Economy, Trade and Industry's Basic Survey of Enterprises, we investigate the causes of the recent slowdown in Japan's total factor productivity (TFP) growth. We show...

Since the onset of the Asian crisis, what characterizes the East Asian exchange rates has been a topic of considerable discussion. In the pre-crisis period, the de facto pegs to the U.S. dollar sometimes destabilized the real "effective" exchange rates of these currencies. Several economists...

The main object of this study is to investigate how treatment patterns and patient outcomes vary among medical facilities in Japan. We take advantage of a unique survey on 3,502 patients with acute myocardial infarction treated by PTCA (Percutaneous Transluminal Coronary Angioplasty) in 2003....

PART I : Are Nonprofit Earnings Differentials Observed in Japan? Evidence from Micro-level Data in Japanese Nursing Homes This research is the first empirical assessment on the wage differentials between the nonprofit sector and profit sector in Japanese nursing homes, and makes use of the...

This paper reports the result of some stochastic simulations using a tentatively modified version of the Short-Run Macroeconometric Model of Japanese Economy, which was released in 2001 (Hori et al. [2001]). Repeatedly calculated multipliers indicate that the multipliers of an econometric model...

Economic growth was achieved by inputs of labor and capital, and by technological progress. Therefore, to achieve good economic performance, there can be no disturbances that impede free and efficient inputs of labor and capital in the market, and that technology progress is vigorous. There are...

In this paper, based on the Employment Trend Survey in 2000 and an interview in the companies which reduced the personnel and outplacement companies, we arrange the fact about separation and change of occupation for employers' convenience of 45 or more years old less than 60 years old workers....

This paper analyzes the factor of the deterioration of the financial position of the third sector in Japan and derives the structural problem equipped in the third sector. Recently a new movement like PFI or PPP toward an efficient provision of public services is focused on in a stream of the...