Discussion Papers 2003


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F-Series
J-Series


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Number Authors Title Date
CIRJE-F-255 Kandori, Michihiro and Ichiro Obara "Efficiency in Repeated Games Revisited: The Role of Private Strategies" December 2003
CIRJE-F-254 Matsushima, Hitoshi "Universal Mechanisms and Moral Preferences in Implementation" December 2003
CIRJE-F-253 Yajima, Yoshihiro and Yasumasa Matsuda "On Nonparametric and Semiparametric Testing for Multivariate Time Series" December 2003
CIRJE-F-252 Braun, R. Anton and Etsuro Shioji "Monetary Policy and the Term Structure of Interest Rates in Japan" December 2003
CIRJE-F-251 Braun, R. Anton and Etsuro Shioji "Monetary Policy and Economic Activity in Japan and the United States" December 2003
CIRJE-F-250 Braun, R. Anton and Etsuro Shioji "Aggregate Risk in Japanese Equity Markets" December 2003
CIRJE-F-249 Takahashi, Akihiko and Nakahiro Yoshida "Monte Carlo Simulation with Asymptotic Method" November 2003
CIRJE-F-248 Takahashi, Akihiko and Nakahiro Yoshida "An Asymptotic Expansion Scheme for the Optimal Investment Problems" November 2003
CIRJE-F-247 Fukuda, Shin-ichi and Sanae Ohno
"Exchange Rate Regimes in East Asia after the Crisis: Implications from Intra-daily Data" November 2003
CIRJE-F-246 Michihiro Kandori and Ichiro Obara "Less is More: An Observability Paradox in Repeated Games"November 2003
CIRJE-F-245 Kunitomo, Naoto and Akihiko Takahashi "Applications of the Asymptotic Expansion Approach based on Malliavin-Watanabe Calculus in Financial Problems"November 2003
CIRJE-F-244 Matsushima, Hitoshi "Implementation and Preference for Honesty" October 2003
CIRJE-F-243 Okazaki, Tetsuji ""Voice" and "Exit" in Japanese Firms during the Second World War: Sanpo Revisited" October 2003
CIRJE-F-242 Matsushima, Hitoshi "Repeated Games with Private Monitoring: Two Players"October 2003
CIRJE-F-241 Okazaki, Tetsuji, Michiru Sawada and Kazuki Yokoyama "Measuring the Extent and Implications of Director Interlocking in the Pre-war Japanese Banking Industry" October 2003
CIRJE-F-240 Miwa, Yoshiro and J. Mark Ramseyer "Conflicts of Interest in Japanese Insolvencies: The Problem of Bank Rescues" September 2003
CIRJE-F-239 Miwa, Yoshiro and J. Mark Ramseyer "Does Relationship Banking Matter? Japanese Bank-Borrower Ties in Good Times and Bad" August 2003
CIRJE-F-238 Shimizu, Chihiro, Kiyohiko G. Nishimura and Yasushi Asami "Measuring the Cost of Imperfect Information in the Tokyo Housing Market" August 2003
CIRJE-F-237 Kunitomo, Naoto and Yukitoshi Matsushita "Asymptotic Expansions of the Distributions of Semi-Parametric Estimators in a Linear Simultaneous Equations System" August 2003
CIRJE-F-236 Jimenez, Emmanuel and Yasuyuki Sawada "Does Community Management Help Keep Kids in Schools? Evidence Using Panel Data from El Salvador's EDUCO Program" July 2003
CIRJE-F-235 Sawada, Yasuyuki "Immiserizing Growth: An Empirical Evaluation" July 2003
CIRJE-F-234 Kang, Sun Jin and Yasuyuki Sawada "Credit Crunches and Household Welfare: The Case of the Korean Financial Crisis"July 2003
CIRJE-F-233 Khan, Haider A. "The Future of Japanese Aid to South and Southeast Asia: A Comparative Analysis" July 2003
CIRJE-F-232 Nishimura, Kiyohiko G. and Hiroyuki Ozaki "Liquidity Motives of Holding Money under Investment Risk: A Dynamic Analysis"July 2003
CIRJE-F-231 Khan, Haider A. "Digital Transitions: The POLIS Theory and the NIEs" July 2003
CIRJE-F-230 Khan, Haider A "Corporate Governance: The Limits of the Principal-Agent Approach in Light of the Family-Based Corporate Governance System in Asia" July 2003
CIRJE-F-229 Khan, Haider A. "Corporate Governance of Family-Based Business in Asia: Which Road to Take?" July 2003
CIRJE-F-228 Khan, Haider A. "Corporate Governance in Singapore and Hong Kong: What Can the Other Asian Economies Learn?" July 2003
CIRJE-F-227 Okazaki, Tetsuji "Selection and Imitation in Institutional Evolution: Analysis of Institutional Change in Japan, 1960-1999"June 2003
CIRJE-F-226 Matsui, Muneya and Akimichi Takemura "Empirical Characteristic Function Approach to Goodness-of-Fit Tests for the Cauchy Distribution with Parameters Estimated by MLE or EISE"June 2003June 2008
CIRJE-F-225 Dekle, Robert and Kenneth Kletzer "The Japanese Banking Crisis and Economic Growth: Theoretical and Empirical Implications of Deposit Guarantees and Weak Financial Regulation"May 2003
CIRJE-F-224 Ago, Takanori, Ikumo Isono and Takatoshi Tabuchi "Locational Disadvantage and Losses from Trade: Three Regions in Economic Geography" May 2003
CIRJE-F-223 Tabuchi, Takatoshi and Jacques-Francois Thisse "Regional Specialization, Urban Hierarchy, and Commuting Costs"May 2003
CIRJE-F-222 Nishimura, Kiyohiko G., Takanobu Nakajima and Kozo Kiyota "Does Natural Selection Mechanism Still Work in Severe Recessions? --Examination of the Japanese Economy in the 1990s-‐"May 2003
CIRJE-F-221 Omori, Yasuhiro and Toshiaki Watanabe "Block Sampler and Posterior Mode Estimation for a Nonlinear and Non-Gaussian State-Space Model with Correlated Errors"May 2003
CIRJE-F-220 Kamiya, Kazuya and Dolf Talman "Random Matching Models and Money: The Global Structure and Approximation of the Set of Stationary Equilibria"May 2003
CIRJE-F-219 Nishimura, Kiyohiko G. and Hiroyuki Ozaki , "A Simple Axiomatization of Iterated Choquet Objectives" May 2003
CIRJE-F-218 Lim, Lee Kian and Michael McAleer "Convergence and Catching Up in ASEAN: A Comparative Analysis" March 2003
CIRJE-F-217 Basmann, Robert L., Michael McAleer and Daniel Slottje "Patent Activity and Technical Change" March 2003
CIRJE-F-216 Chan, Felix and Michael McAleer "On the Structure, Asymptotic Theory and Applications of STAR-GARCH Models" March 2003
CIRJE-F-215 He, Zonglu, Koichi Maekawa and Michael McAlee "Asymptotic Properties of the Estimator of the Long-run Coefficient in a Dynamic Model with Integrated Regressors and Serially Correlated Errors"March 2003
CIRJE-F-214 Lim, Christine and Michael McAleer "Modelling International Travel Demand from Singapore to Australia" March 2003
CIRJE-F-213 Watkins, Clinton and Michael McAleer "Pricing of Non-ferrous Metals Futures on the London Metal Exchange"March 2003
CIRJE-F-212 Zhang, Zhaoyong, Kiyotaka Sato and Michael McAleer "Asian Monetary Integration: A Structural VAR Approach"March 2003
CIRJE-F-211 Verhoeven, Peter and Michael McAleer "Fat Tails and Asymmetry in Financial Volatility Models"March 2003
CIRJE-F-210 Sequeira, John M., Pang Chia Chiat and Michael McAleer "Volatility Models of Currency Futures in Developed and Emerging Markets" March 2003
CIRJE-F-209 Hu, Baiding and Michael McAleer "Input-output Structure and Growth in China" March 2003
CIRJE-F-208 Chan, Felix, Dora Marinova and Michael McAleer "Modelling the Asymmetric Volatility of Electronics Patents in the USA" March 2003
CIRJE-F-207 Ling, Shiqing, W. K. Li and Michael McAleer "Estimation and Testing for Unit Root Processes with GARCH (1, 1) Errors: Theory and Monte Carlo Evidence"March 2003
CIRJE-F-206 Lim, Christine and Michael McAleer "Ecologically Sustainable Tourism Management" March 2003
CIRJE-F-205 Ling, Shiqing and Michael McAleer "Regression Quantiles for Unstable Autoregressive Models"March 2003
CIRJE-F-204 Marinova, Dora and Michael McAleer "Environmental Technology Strengths: International Rankings Based on US Patent Data"March 2003
CIRJE-F-203 Hoti, Suhejla, Felix Chan and Michael McAleer "Structure and Asymptotic Theory for Multivariate Asymmetric Volatility: Empirical Evidence for Country Risk Ratings" March 2003
CIRJE-F-202 Hatta, Tatsuo and Yoshitomo Ogawa "A Theory of Optimal Tariffs under a Revenue Constraint" March 2003.
CIRJE-F-201 Matsushima, Hitoshi. "Multi-Group Incentives" March 2003
CIRJE-F-200 Kunitomo, Naoto and Yukitoshi Matsushita "Finite Sample Distributions of the Empirical Likelihood Estimator and the GMM Estimator" March 2003; Revised in December 2003
CIRJE-F-199 Jacoby, Sanford M. and Kazuro Saguchi "The Role of the Senior HR Executive in Japan and the United States: Companies, Countries, and Convergence" February 2003
CIRJE-F-198 Yasuyuki Sawada "Income Risks, Gender, and Human Capital Investment in a Developing Country"February 2003
CIRJE-F-197 Aoki, Masanao and Hiroshi Yoshikawa "Uncertainty, Policy Ineffectiveness, and Long Stagnation of the Macroeconomy" August 2003
CIRJE-F-196 Okazaki, Tetsuji and Michiru Sawada "Bank Merger Wave and Evolution of Financial System: Experience in Prewar Japan"February 2003
CIRJE-F-195 Nishimura, Kiyohiko G. and Chihiro Shimizu "Distortion in Land Price Information---Mechanism in Sales Comparables and Appraisal Value Relation---"February 2003
CIRJE-F-194 Abe, Makoto "A Two-Stage Prediction Model for Web Page Transition" February 2003
CIRJE-F-193 Abe, Makoto, Yasemin Boztug and Lutz Hildebrandt "Investigating the Competitive Assumption of Multinomial Logit Models of Brand Choice by Nonparametric Modeling" February 2003
CIRJE-F-192 Khan, Haider A. "General Conclusions: From Crisis to A Global Political Economy of Freedom", February 2003
CIRJE-F-191 Khan, Haider A. "The Mangled Miracle and the Alchemy of Finance"February 2003
CIRJE-F-190 Kubokawa, Tatsuya and M. S. Srivastava "Improved Empirical Bayes Ridge Regression Estimators under Multicollinearity"January 2003
CIRJE-F-189 Okuda, Hiroshi, ed. "History of the Russian Peasantry in the 20th Century (volume 1), Tokyo, 2002" January 2003


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Number Authors Title Date
CIRJE-J-101 Obinata, Takashi "Value Relevance of Earnings in Energy Industry" December 2003
CIRJE-J-100 Kobayashi, Takao "Credit Risk Modeling Approaches" November 2003
CIRJE-J-99 Iwami, Toru "Global Sustainability of Population and Food" October 2003
CIRJE-J-98 Kamiya, Takayasu and Yoshitsugu Kanemoto, "The Structure of Fiduciary Duties: As Approached through Law & Economics" October 2003
CIRJE-J-97 Okazaki, Tetsuji "Mitsubishi Bank under the Showa Financial Crisis, 1927: The Crisis observed thorough the Daily Financial Data" October 2003
CIRJE-J-96 Omori, Takuma, Yuzo Hirano and Tokutaro Shibata "Tripolar Structure of the International Banking and Financial Markets-Transformation in the 1990s-" August 2003
CIRJE-J-95 Obinata, Takashi "Is Earnings of the Sluggish Industries Value-Irrelevant?" July 2003
CIRJE-J-94 Kandori, Michihiro "The Erosion and Sustainability of Norms and Morale" May 2003
CIRJE-J-93 Obinata, Takashi "Relevance of Earnings Components: Evidence from Manufacturing Firms in Japan― Part II Industry-Period Analysis ―" April 2003
CIRJE-J-92 Kobayashi, Takao, Ryoichi Ikeda and Yoichiro Hasegawa "Valuing Variable Annuities" April 2003; Revised in September 2003
CIRJE-J-91 Kasuya, Makoto "The Diffusion of Bills and Checks and the Development of Money Markets in Meiji Japan" March 2003
CIRJE-J-90 Miwa, Yoshiro "Shohisha keiyaku-ho [The Consumer Contract Act] of 2000" February 2003
CIRJE-J-89 Obinata, Takashi "Value Relevance of Earnings Levels and Changes: Evidence from Manufacturing Firms in Japan―Part II Industry-Period Analysis―" February 2003
CIRJE-J-88 Hirose, Sumio, Noriyuki Yanagawa and Makoto Saito "Equity Repurchases and Corporate Value: Evidence from Different Legal Procedures in Japan" January 2003


   
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