Discussion Papers 2006
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F-Series
J-Series
Discussion Paper F series (in English)
- CIRJE-F-459 Abstract Tsukuma, Hisayuki and Tatsuya Kubokawa, "Simultaneous estimation of normal precision matrices ", December 2006; subsequently published in Journal of Statistical Studies, 26, 119-138, 2007.
- CIRJE-F-458 Abstract Chousa, Juan Pineiro, Haider A. Khan, Davit N. Melikyan and Artur Tamazian, "Democracy, Finance and Development", December 2006.
- CIRJE-F-457 Abstract Khan, Haider A. , "Soft Infrastructure, Trading Costs and Regional Co-operation ", December 2006.
- CIRJE-F-456 Abstract Sato, Yasuhiro and Jacques-Francois Thisse, "Competing for capital when labor is heterogeneous ", December 2006.
- CIRJE-F-455 Abstract Behrens, Kristian, Carl Gaigne and Jacques-Francois Thisse, "Is the regulation of the transport sector always detrimental to consumers?", December 2006.
- CIRJE-F-454 Abstract Jean Cavailhes, Carl Gaigne, Takatoshi Tabuchi and Jacques-Francois Thisse, "Trade and the structure of cities", December 2006.
- CIRJE-F-453 Abstract Lechevalier, Sebastien, Yukio Ikeda and Junichi Nishimura, "Collaborative R&D in the robot technology in Japan: an inquiry based on patent data analysis (1991-2004)",December 2006.
- CIRJE-F-452 Abstract Ichimura, Hidehiko and Petra E. Todd "Implementing Nonparametric and Semiparametric Estimators", December 2006.
- CIRJE-F-451 Abstract Takahashi, Akihiko, Kota Takehara and Akira Yamazaki, "Pricing Currency Options with a Market Model of Interest Rates under Jump-Diffusion Stochastic Volatility Processes of Spot Exchange Rates", December 2006.
- CIRJE-F-450 Abstract Ihori, Toshihiro and Martin McGuireb, "Group Provision Against Adversity: Security By Insurance vs. Protection", November 2006.
- CIRJE-F-449 Abstract Aoki, Masanao, "Patterns of Non-exponential Growth of Macroeconomic Models: Two-parameter Poisson-Dirichlet Models", November 2006; forthcoming in Rivista Internazionale di Scienze Sociali, cxv No.1, pp. 109-125, 2007.
- CIRJE-F-448 Abstract Lee, Jeong-Joon and Yasuyuki Sawada, "The Degree of Precautionary Saving: A Reexamination", November 2006; subsequently published in Economics, Letters, 96(2), 196-201, 2007.
- CIRJE-F-447 Abstract Okazaki, Tetsuji, "Micro-aspects of Monetary Policy: Lender of Last Resort and Selection of Banks in Pre-war Japan", November 2006; forthcoming in Explorations in Economic History .
- CIRJE-F-446 Abstract Aoki, Masanao, "Growth Patterns of Two Types of Macro-Models: Limiting Behavior of One-and Two-Parameter Poisson-Dirichlet Models", October 2006; published as "Nonself Averaging Phenomenons in Macroeconomics Examples", proc. of SPIE2007 Conference on Fluctuation and Noise., vol. 6602, 2007.
- CIRJE-F-445 Abstract Aoki, Masanao, "Thermodynamic Limits of Macroeconomic or Financial Models: One-and Two-Parameter Poisson-Dirichlet Models", October 2006; forthcoming in Journal of Econmic Dynamics and Control, 2007.
- CIRJE-F-444 Abstract Riew, John, "The U.S. Information Technology Revolution and Its Impact on U.S. Economy and Beyond ", October 2006.
- CIRJE-F-443 Abstract Iwamoto, Yasushi, Miki Kohara and Makoto Saito, "On the Consumption Insurance Effects of Long-term Care Insurance In Japan: Evidence from Micro Household Data ", October 2006.
- CIRJE-F-442 Abstract Fukuda, Shin-ichi and Masanori Ono, "On the Determinants of Exporters' Currency Pricing: History vs. Expectations", October 2006; subsequently published in Journal of the Japanese and International Economies Vol.18, No.4, December 2006, pp.548-568.
- CIRJE-F-441 Abstract Fukuda, Shin-ichi and Sanae Ohno, "Post-crisis Exchange Rate Regimes in ASEAN:A New Empirical Test Based on Intra-daily Data", October 2006; forthcoming in Singapore Economic Review .
- CIRJE-F-440 Abstract Fukuda, Shin-ichi, Munehisa Kasuya and Kentaro Akashi , "The Role of Trade Credit for Small Firms: An Implication from Japan's Banking Crisis", October 2006.
- CIRJE-F-439 Abstract Fukuda, Shin-ichi and Satoshi Koibuchi, "The Impacts of "Shock Therapy" on Large and Small Clients:Experiences from Two Large Bank Failures in Japan", October 2006; forthcoming in Pacific-Basin Finance Journal .
- CIRJE-F-438 Abstract Nakayama, Keita and Akihiko Takahashi, "A Factor Allocation Approach to Optimal Bond Portfolio", October 2006; Revised at May 2007.
- CIRJE-F-437 Abstract Chan, Alex W.H. and Nai-fu Chen, "Convertible Bond Underpricing: Renegotiable Covenants, Seasoning and Convergence", September 2006; forthcoming in Management Science .
- CIRJE-F-436 Abstract Braun, R. Anton and Harald Uhlig, "The Welfare Enhancing Effects of a Selfish Government in the Presence of Uninsuarable, Idiosyncratic Risk", September 2006.
- CIRJE-F-435 Abstract Mai, Chao-cheng, Shin-Kun Peng and Takatoshi Tabuchi, "Economic Geography with Tariff Competition", September 2006.
- CIRJE-F-434 Abstract Hakamada, Takeshi, Akihiko Takahashi and Kyo Yamamoto, "Selection and Performance Analysis of Asia-Pacific Hedge Funds", September 2006; Revised as CIRJE-F-524.
- CIRJE-F-433 Abstract Nakamura, Hisashi, "A Dynamic Theory of Debt Restructuring", August 2006.
- CIRJE-F-432 Abstract Fukui, Tadashi and Yasushi Iwamoto, "Policy Options for Financing the Future Health and Long-term Care Costs in Japan", July 2006; forthcoming in Ficical Policy and Management in East Asia, Takatoshi Ito and Andrew Rose eds., University of Chicago Press.
- CIRJE-F-431 Abstract Hirukawa, Masayuki, "A Two-Stage Plug-In Bandwidth Selection and Its
Implementation for Covariance Estimation", June 2006; Revised in June 2008.
- CIRJE-F-430 Abstract Kitamura, Yuichi, "Empirical Likelihood Methods in Econometrics: Theory and Practice", June 2006.
- CIRJE-F-429 Abstract Smith, William T. and Qiang Zhang, "Asset Pricing With Multiplicative Habit and Power-Expo Preferences", June 2006; subsequently published in Economics Letters, 2007, 94(3), 319-325.
- CIRJE-F-428 Abstract Zhang, Qiang, "The Spirit of Capitalism and Asset Pricing: an Empirical Investigation", June 2006; subsequently published in The B.E. Journal of Macroeconomics (Topics in Macroeconomics), 2006, Vol. 6, Issue 3, Article 1, 1-23.
- CIRJE-F-427 Abstract Huang, Hsu-Huei, Paochung Hsu, Haider A. Khan and Yun-Lin Yu, "Does the Appointment of the Outside Director Increase Firm Value? The Evidence from Taiwan", May 2006.
- CIRJE-F-426 Abstract Ichimura, Hidehiko and Sokbae Lee, "Characterization of the Asymptotic Distribution of Semiparametric M-Estimators", May 2006.
- CIRJE-F-425 Abstract Aoki, Masanao, "Long-run Behavior of Macroeconomic Models with Heterogeneous Agents: Asymptotic Behavior of One- and Two-Parameter Poisson-Dirichlet Distributions", May 2006.
- CIRJE-F-424 Abstract Miyawaki, Koji, Yasuhiro Omori and Akira Hibiki, "Bayesian Estimation of Demand Functions under Block Rate Pricing", May 2006; Revised in May 2007; Revised as CIRJE-F-568.
- CIRJE-F-423 Abstract Westlund, Hans, "The Social Capital of Regional Dynamics: A Policy Perspective", May 2006; forthcoming in "Innovation, Dynamic Regions and Regional Dynamics", Karlsson C, Andersson AE, Chechire P and Stough RR (Eds.), Springer 2008
- CIRJE-F-422 Abstract Doi, Takero and Toshihiro Ihori, "Soft-Budget Constraints and Local Expenditures ", May 2006.
- CIRJE-F-421 Abstract Nakamura, Hisashi, "A Continuous-Time Analysis of Optimal Defaultable Debt Contracts: Theory and Applications", April 2006.
- CIRJE-F-420 Abstract Blundell, Richard, Amanda Gosling, Hidehiko Ichimura and Costas Meghir, "Changes in the Distribution of Male and Female Wages Accounting for Employment Composition Using Bounds", April 2006.
- CIRJE-F-419 Abstract Matsushima, Hitoshi, "Relative Performance Evaluation between Multitask Agents", April 2006.
- CIRJE-F-418 Abstract Khan, Haider A., "Markets, Democracy and Economic Justice in the Age of Postmodernism: Fictions, "Factions", or Frictions?", April 2006.
- CIRJE-F-417 Abstract Kamiya, Kazuya and Takazhi Shimizu, "A Dynamic General Equilibrium Model with Centralized Auction Markets", April 2006.
- CIRJE-F-416 Abstract Okazaki, Tetsuji, "Selection or Imitation? :
Organizational Evolution in the Japanese Cotton Industry, 1905-1935:", April 2006.
- CIRJE-F-415 Abstract Fujiwara-Greve, Takako and Masahiro Okuno-Fujiwara, "Voluntarily Separable Prisoner's Dilemma", April 2006; Revised as CIRJE-F-599.
CIRJE-F-414 Abstract Tabuchi, Takatoshi and Jacques-Francois Thisse, "Self-organizing Urban Hierarchy", April 2006.
CIRJE-F-413 Abstract Data Set Ishise, Hirokazu and Yasuyuki Sawada, "Aggregate Returns to Social Capital: Estimates Based on the Augmented Augmented-Solow Model", April 2006; forthcoming in Journal of Macroeconomics.
CIRJE-F-412 Abstract Braun, R. Anton and Max Gillman, "Banking in General Equilibrium with an Application to Japan.", April 2006.
CIRJE-F-411 Abstract Lin, Chin-Shien, Haider A. Khan, Ying-Chieh Wang and Ruei-Yuan Chang, "A New Approach to Modeling Early Warning Systems for Currency Crises : can a machine-learning fuzzy expert system predict the currency crises effectively? ", April 2006.
CIRJE-F-410 Abstract Khan, Haider A., "Value, Social Capabilities, Alienation:The Right to Revolt", April 2006.
CIRJE-F-409 Abstract Kubokawa, Tatsuya, "Characterization of Priors in the Stein Problem", March 2006; forthcoming in Journal of the Japan Statistical Society.
CIRJE-F-408 Abstract Abe, Makoto, ""Counting Your Customers" One by One: An Individual Level RF Analysis Based on Consumer Behavior Theory", March 2006; forthcoming in Marketing Science .
CIRJE-F-407 Abstract Ito, Takatoshi and Yuko Hashimoto, "Intra-day Seasonality in Activities of the Foreign Exchange Markets: Evidence from the Electronic Broking System", March 2006.
CIRJE-F-406 Abstract Ito, Takatoshi and Kiyotaka Sato, "Exchange Rate Changes and Inflation in Post-Crisis Asian Economies:
VAR Analysis of the Exchange Rate Pass-Through", March 2006.
CIRJE-F-405 Abstract Matsushima, Hitoshi, "Role of Honesty in Full Implementation", March 2006; Revised version of CIRJE-F-304 (2004).
CIRJE-F-404 Abstract Nakamura, Tsuyoshi and Kazuo Ueda, "On the Failure of University-Industry Research Collaboration to Stimulate High Quality Research in Japan", March 2006.
CIRJE-F-403 Abstract Obinata, Takashi and Kazuyuki Suda, "Relevance of the Multi-step Income Statement in Japan", March 2006.
CIRJE-F-402 Abstract Ihori, Toshihiro and Martin C. McGuire , "Collective Risk Control And Group Security: The Unexpected Consequences of Differential Risk Aversion", March 2006.
CIRJE-F-401 Abstract Matsushima, Hitoshi and Koichi Miyazaki, Nobuyuki Yagi , "Role of Linking Mechanisms in Multitask Agency with Hidden Information", February 2006.
CIRJE-F-400 Abstract Okazaki, Tetsuji and Michiru Sawada, "Effects of a bank consolidation promotion policy: Evaluating Bank Law in 1927 Japan", February 2006; forthcoming in Financial History Review .
CIRJE-F-399 Abstract Anderson, T. W., Naoto Kunitomo and Yukitoshi Matsushita, "A New Light from Old Wisdoms :
Alternative Estimation Methods of Simultaneous Equations with Possibly Many Instruments", February 2006.
CIRJE-F-398 Abstract Okazaki, Tetsuji, "Micro-aspects of Monetary Policy in Pre-war Japan: Lender of Last Resort and Selection of Banks", January 2006; Revised as CIRJE-F-447.
CIRJE-F-397 Abstract Miyake, Dario Ikuo, "The Shift from Belt Conveyor Line to Work-cell Based Assembly Systems to Cope with Increasing Demand Variation and Fluctuation in The Japanese Electronics Industries", January 2006; published as "The shift from belt conveyor line to work-cell based assembly systems to cope with increasing demand variation in Japanese industries", International Journal of Automotive Technology and Management Vol.6, No.4, 2006, pp. 419-439.
CIRJE-F-396 Abstract Lee, Jeong-Joon, "The Adjusted Solow Residual and Asset Returns", January 2006; subsequently published in Eastern Economic Journal, 2007, 33,(2), pp. 231-255.
CIRJE-F-395 Abstract Kandori, Michihiro, "Repeated Games, Entry in The New Palgrave Dictionary of Economics, 2nd Edition", January 2006; subsequently published in Econometrica, Vol 74, NO. 2 (March 2006) pp. 499-519.
CIRJE-F-394 Abstract
Iwami, Toru, "Globalization and Pollution Industries in East Asia", January 2006.
CIRJE-F-393 Abstract
Kubokawa, Tatsuya, "Integral Inequality for Minimaxity and Characterization of Priors by Use of Inverse Laplace Transform", January 2006.
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Discussion Paper J series (in Japanese)
- CIRJE-J-171 Abstract Kubokawa, Tatsuya, "Linear Mixed Models and Small Area Estimation", December 2006; 『応用統計学』, 35, 139-161に掲載。
- CIRJE-J-170 Abstract Okazaki, Tetsuji, "Portfolio Management and Profitability of Mitsubishi Zaibatsu during the War: 1935-1944", December 2006.
- CIRJE-J-169 Abstract Takahashi, Akihiko, "On an Asymptotic Expansion Approach to Numerical Problems in Finance", December 2006; 「数学」第59巻1号, (2007), 近刊。
- CIRJE-J-168 Abstract Kobayashi, Takao, "The Critical Weakness of the Japanese Financial System and Its Remedy ", October 2006.
- CIRJE-J-167 Abstract Kobayashi, Takao, "The Market Efficiency - 35 years after Fama", September 2006.
- CIRJE-J-166 Abstract Chen, Nai-fu, Takao Kobayashi and Risa Sai, "Rethinking '100% Money': Challenges from New Financial Technology", August 2006; Revised in November 2006.
- CIRJE-J-165 Abstract Obinata, Takashi, "Value Relevance of Consolidated Earnings ―― Evaluation of Japanese Revolution and a New Proposal by FASB ―― ", August 2006.
- CIRJE-J-164 Abstract Obinata, Takashi, "Accounting Policy and the Value Relevance of Earnings ―― The Case of Revenue Recognition in the Construction Industry ――", July 2006.
- CIRJE-J-163 Abstract Iwamoto, Yasushi, "On the Design of Social Security Contributions", June 2006; 『経済制度設計（経済制度の実証分析と設計・第３巻）』, 林文夫編, 東京大学出版会, 2007年, 165-180頁 所収。
- CIRJE-J-162 Abstract Iwamoto, Yasushi, "On the Design of Social Security Financing", June 2006; 『経済制度設計（経済制度の実証分析と設計・第３巻）』, 林文夫編, 東京大学出版会, 2007年, 103-163頁 所収。
- CIRJE-J-161 Abstract Obinata, Takashi, "Persistence, Capitalization Coefficients,
and Value Relevance of the Multi-step Income ―― The Information Contents of the Multi-step Income Statement in Japan――", June 2006.
- CIRJE-J-160 Abstract Koibuchi, Satoshi and Shin-ichi Fukuda, "Costs and Benefits of a Shock Therapy: Experiences from Large and Small Firms in Japan", May 2006; 林文夫編 『経済制度の実証分析と設計 第２巻：金融の機能不全』第４章、勁草書房 pp.99-123（2007年1月発行）所収。
- CIRJE-J-159 Abstract Takeda, Yuka, " Determinants of Poverty Alleviation and Impoverishment in Transitional Russia -Urban Areas and Rural Areas-", May 2006; 『経済学論集』東京大学経済学会、2006年、第72巻第１号、pp.30-50 に掲載。
- CIRJE-J-158 Abstract Okuno, Masahiro, Hirokazu Takizawa and Yasunori Watanabe, "Increasing Complexity of Artifacts and the Role of Product Architecture", April 2006; Revised as CIRJE-J-178.
- CIRJE-J-157 Abstract Fukuda, Shin-ichi and Satoshi Koibuchi, "Bad Loans and Loan Write-Offs", April 2006; 『経済研究』 第57巻第2号，2006年, pp.110-120に掲載。
- CIRJE-J-156 Abstract Okazaki, Tetsuji, "A framework for empirical analysis of institutional change and its applications: Towards understanding institutional change", April 2006; 『比較経済研究』44(1):1-11, 近刊。
- CIRJE-J-155 Abstract Okuno, Masahiro and Toshiaki Kouno, "Propensity to Procrasternate and Collective Decisionmaking Systems in Japan ", April 2006; 「システム転換と利害調整に基づく先送り」と改題。林文夫編『経済制度設計』（『経済制度の実証分析と設計』第3巻，勁草書房，2007年1月）に掲載（第7章，pp.253-287）。
- CIRJE-J-154 Abstract Takeda, Yuka, "Rural Poverty Dynamics in Transitional Russia: A Comparison with Urban Poverty Dynamics", March 2006; 『20世紀ロシア農民史』、奥田央編、社会評論社、2006年、pp.655-683に所収。
- CIRJE-J-153 Abstract Baba, Satoshi, "The British perception of German urban system and policy at the turn of the 20th century：An example of T.C.Horsfall", March 2006; 『19世紀末〜20世紀初頭のイギリスにおけるドイツ都市計画・都市行政認識とその背景（１）（２）−マンチェスターのT.C.ホースフォールの場合』と改題、『経済学論集』第72巻第2号（2006年7月）2-17ページ、同第72巻第3号（2006年10月）、69-81ページに掲載。
- CIRJE-J-152 Abstract Kasuya, Makoto, "The beginning and modification of bonus payments to directors in Japan", March 2006.
- CIRJE-J-151 Abstract Kasuya, Makoto, "Personnel Management in a City Bank in Prewar Japan: A Case of Mitsui Bank, 1897-1943", March 2006.
- CIRJE-J-150 Abstract Okazaki, Tetsuji and Michiru Sawada, "Role of Inter-bank Networks in the Pre-war Japanese Financial System", March 2006.
- CIRJE-J-149 Abstract Okuno, Masahiro and Yasunori Watanabe, "Production Architecture as a Coordination System", February 2006.
- CIRJE-J-148 Abstract Mori, Tateshi, "The Payment of Wages in Yawata Steel Works from 1900s to 1930s", February 2006; 『経済学論集』東京大学経済学会, 2006年1月, 第71巻第4号および2006年4月, 第72巻第1号, 掲載予定。
- CIRJE-J-147 Abstract Kunitomo, Naoto, "On Seasonal Adjustment Methods ", January 2006.
- CIRJE-J-146 Abstract Kobayashi, Takao, "Style Management and Behavioral Finance", January 2006; 『証券アナリストジャーナル』2006年1月号, 掲載予定。
- CIRJE-J-145 Abstract Okazaki, Tetsuji, "Lender of Last Resort and Selection of Banks in Pre-war Japan", January 2006.
- CIRJE-J-144 Abstract Okazaki, Tetsuji, "Organizational Evolution in the Cotton Spinning Industry in Pre-war Japan", January 2006;『経済志林』73(4), 掲載予定。
- CIRJE-J-143 Abstract Okazaki, Tetsuji, "Portfolio Management and Profitability of Mitsubishi Zaibatsu", January 2006;『三菱史料館論集』第7号, 掲載予定。
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