There are two approaches to make a management style on the basis of post-modern political and administrative system. The first approach is positive approach to create a decision-making process based on volunteer, independency, and creativity of citizen. The second one is deliberative democracy,...

SA relation between employment growth and worker flows found among individual establishments is investigated by using micro-data from the Employment Trend Survey conducted by Ministry of Health, Labour and Welfare. The period analyzed is between 1997 and 2005. Main findings are as follows: The...

This paper studies how the fiscal authority's financing behavior affects dynamic responses to a government spending shock using an estimated medium-scale dynamic stochastic general equilibrium (DSGE) model of the Japanese economy. The estimated model successfully delivers a positive consumption...

This study uses micro-data on research and development, and finance of Japanese firms from 1995 to 2005 and examines the effect of knowledge spillover on the performance of firms. Four types of knowledge spillover are estimated and results of quantitative analysis on following the two topics are...

The DSGE-VAR model is used for estimating the parameters in a VAR model in a Bayesian fashion with the prior selected as if the artificial data were generated from a DSGE model. The more data is generated from the DSGE model, the more information from the DSGE model is incorporated. How...

The present paper considers a simple (Keynesian) macroeconomic model to quantify impacts of the large scale earthquake in Tokyo on national economy variables such as economic growth, price level, interest rate, fiscal balance by Monte Carlo simulations. The simulations reveal that while GDP...

Because habit formation among consumers preference has strong influence on policy effects, it is crucially important for public policy management. In this article, I estimate the Euler equation allowing habit formation based on Dynan (2000), using data from the Japanese Panel Survey of Consumers...

When most populous nations like China and India become industrialized and globalized it will potentially open a new chapter in the human history. Under this major trend in the 21st century, there need foresights flexible enough to embrace non-linear changes and discontinued progress to depict...

People who trust others and actively engage in various kinds of social networks can earn more than people who don't. An estimation of the Mincerian wage regression function using the JGSS-2005 data reveals that social capital (trust and social networks) as well as human capital (schooling and...

This paper investigates effectiveness of consumer policy in shared resource management where producers' coordination and government regulation fail. For this purpose, we employ conjoint analysis and experimental design through an internet survey of marine eco-label. Our results suggest that...