While female CEOs are under-represented, the barriers they face in the business environment remain poorly understood. This study investigates the influence of gender bias in forming CEOs' business networks. Using transaction data of 1 million Japanese firms, we find that CEOs of the same gender...

This study exploits over 5,000 variations in subsidy generosity across ages and municipalities in Japan to examine how children respond to healthcare prices. We find that free care significantly increases outpatient spending, with price elasticities considerably smaller than for adults. Price...

We estimate the impact of mask mandates and other non-pharmaceutical interventions (NPI) on COVID-19 case growth in Canada, including regulations on businesses and gatherings, school closures, travel and self-isolation, and long-term care homes. We partially account for behavioral responses...

This study tests whether demand responds symmetrically to price increases and decreases--a seemingly obvious proposition under conventional demand theory that has not been rigorously tested. Exploiting rapid expansion in municipal subsidies for child healthcare in a difference-in-differences...

Risk preferences play a fundamental role in individuals' economic decision-making. We examine whether the historical macroeconomic environment shapes individuals' willingness to take risks. Using nationally representative samples from Japan and exploiting regional variation in economic...

Risk preferences play a fundamental role in individuals' economic decision-making. We examine whether the historical macroeconomic environment shapes individuals' willingness to take risks. Using nationally representative samples from Japan and exploiting regional variation in economic...