Discussion Papers 2006


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F-Series
J-Series


Number Authors Title Date
CIRJE-F-459 Tsukuma, Hisayuki and Tatsuya Kubokawa "Simultaneous estimation of normal precision matrices" December 2006
CIRJE-F-458 Chousa, Juan Pineiro, Haider A. Khan, Davit N. Melikyan and Artur Tamazian "Democracy, Finance and Development" December 2006
CIRJE-F-457 Khan, Haider A. "Soft Infrastructure, Trading Costs and Regional Co-operation" December 2006
CIRJE-F-456 Ssto, Yasuhiro and Jacques-Francois Thisse "Competing for capital when labor is heterogeneous" December 2006
CIRJE-F-455 Behrens, Kristian, Carl Gaigne and Jacques-Francois Thisse "Is the regulation of the transport sector always detrimental to consumers?" December 2006
CIRJE-F-454 Jean Cavailhes, Carl Gaigne, Takatoshi Tabuchi and Jacques-Francois Thisse "Trade and the structure of cities" December 2006
CIRJE-F-453 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 Ichimura, Hidehiko and Petra E. Todd "Implementing Nonparametric and Semiparametric Estimators" December 2006
CIRJE-F-451 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 Ihori, Toshihiro and Martin McGuireb "Group Provision Against Adversity: Security By Insurance vs. Protection" November 2006
CIRJE-F-449 Aoki, Masanao "Patterns of Non-exponential Growth of Macroeconomic Models: Two-parameter Poisson-Dirichlet Models" November 2006
CIRJE-F-448 Lee, Jeong-Joon and Yasuyuki Sawada "The Degree of Precautionary Saving: A Reexamination" November 2006
CIRJE-F-447 Okazaki, Tetsuji "Micro-aspects of Monetary Policy: Lender of Last Resort and Selection of Banks in Pre-war Japan" November 2006
CIRJE-F-446 Aoki, Masanao "Growth Patterns of Two Types of Macro-Models: Limiting Behavior of One-and Two-Parameter Poisson-Dirichlet Models" October 2006
CIRJE-F-445 Aoki, Masanao "Thermodynamic Limits of Macroeconomic or Financial Models: One-and Two-Parameter Poisson-Dirichlet Models" October 2006
CIRJE-F-444 Riew, John "The U.S. Information Technology Revolution and Its Impact on U.S. Economy and Beyond " October 2006
CIRJE-F-443 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 Fukuda, Shin-ichi and Masanori Ono "On the Determinants of Exporters' Currency Pricing: History vs. Expectations" October 2006
CIRJE-F-441 Fukuda, Shin-ichi and Sanae Ohno "Post-crisis Exchange Rate Regimes in ASEAN:A New Empirical Test Based on Intra-daily Data" October 2006
CIRJE-F-440 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 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
CIRJE-F-438 Nakayama, Keita and Akihiko Takahashi "A Factor Allocation Approach to Optimal Bond Portfolio" October 2006  
CIRJE-F-437 Chan, Alex W.H. and Nai-fu Chen "Convertible Bond Underpricing: Renegotiable Covenants, Seasoning and Convergence" September 2006
CIRJE-F-436 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 Mai, Chao-cheng, Shin-Kun Peng and Takatoshi Tabuchi "Economic Geography with Tariff Competition" September 2006   
CIRJE-F-434 Hakamada, Takeshi, Akihiko Takahashi and Kyo Yamamoto "Selection and Performance Analysis of Asia-Pacific Hedge Funds" September 2006
CIRJE-F-433 Nakamura, Hisashi "A Dynamic Theory of Debt Restructuring" August 2006
CIRJE-F-432 Fukui, Tadashi and Yasushi Iwamoto "Policy Options for Financing the Future Health and Long-term Care Costs in Japan" July 2006
CIRJE-F-431 Hirukawa, Masayuki "A Two-Stage Plug-In Bandwidth Selection and Its Implementation for Covariance Estimation" June 2006; Revised in June 2008  
CIRJE-F-430 Kitamura, Yuichi "Empirical Likelihood Methods in Econometrics: Theory and Practice" June 2006
CIRJE-F-429 Smith, William T. and Qiang Zhang "Asset Pricing With Multiplicative Habit and Power-Expo Preferences" June 2006
CIRJE-F-428 Zhang, Qiang "The Spirit of Capitalism and Asset Pricing: an Empirical Investigation" June 2006
CIRJE-F-427 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 Ichimura, Hidehiko and Sokbae Lee "Characterization of the Asymptotic Distribution of Semiparametric M-Estimators" May 2006
CIRJE-F-425 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 Miyawaki, Koji, Yasuhiro Omori and Akira Hibiki "Bayesian Estimation of Demand Functions under Block Rate Pricing" May 2006; Revised in May 2007
CIRJE-F-423 Westlund, Hans "The Social Capital of Regional Dynamics: A Policy Perspective" May 2006
CIRJE-F-422 Doi, Takero and Toshihiro Ihori "Soft-Budget Constraints and Local Expenditures" May 2006
CIRJE-F-421 Nakamura, Hisashi "A Continuous-Time Analysis of Optimal Defaultable Debt Contracts: Theory and Applications" April 2006  
CIRJE-F-420 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 Matsushima, Hitoshi "Relative Performance Evaluation between Multitask Agents" April 2006
CIRJE-F-418 Khan, Haider A. "Markets, Democracy and Economic Justice in the Age of Postmodernism: Fictions, "Factions", or Frictions?" April 2006 
CIRJE-F-417 Kamiya, Kazuya and Takashi Shimizu "A Dynamic General Equilibrium Model with Centralized Auction Markets" April 2006 
CIRJE-F-416 Okazaki, Tetsuji "Selection or Imitation? : Organizational Evolution in the Japanese Cotton Industry, 1905-1935: " April 2006
CIRJE-F-415 Fujiwara-Greve, Takako and Masahiro Okuno-Fujiwara "Voluntarily Separable Prisoner's Dilemma" April 2006 
CIRJE-F-414 Tabuchi, Takatoshi and Jacques-Francois Thisse "Self-organizing Urban Hierarchy" April 2006 
CIRJE-F-413 Hirokazu Ishise and Yasuyuki Sawada "Aggregate Returns to Social Capital: Estimates Based on the Augmented Augmented-Solow Model" April 2006 
CIRJE-F-412 Braun, R. Anton and Max Gillman "Banking in General Equilibrium with an Application to Japan." April 2006 
CIRJE-F-411 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 Khan, Haider A. "Value, Social Capabilities, Alienation:The Right to Revolt" April 2006 
CIRJE-F-409 Kubokawa, Tatsuya "Characterization of Priors in the Stein Problem" March 2006; Revised in June 2006
CIRJE-F-408 Abe, Makoto ""Counting Your Customers" One by One: An Individual Level RF Analysis Based on Consumer Behavior Theory" March 2006 
CIRJE-F-407 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 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 Matsushima, Hitoshi "Role of Honesty in Full Implementation" March 2006
CIRJE-F-404 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 Obinata, Takashi and Kazuyuki Suda "Value Relevance of the Multi-step Income Statement in Japan" March 2006
CIRJE-F-402 Ihori, Toshihiro and Martin C. McGuire "Collective Risk Control And Group Security: The Unexpected Consequences of Differential Risk Aversion" March 2006 
CIRJE-F-401 Matsushima, Hitoshi, Koichi Miyazaki and Nobuyuki Yagi "Role of Linking Mechanisms in Multitask Agency with Hidden Information" February 2006 
CIRJE-F-400 Okazaki, Tetsuji and Michiru Sawada "Effects of a bank consolidation promotion policy: Evaluating Bank Law in 1927 Japan" February 2006 
CIRJE-F-399 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 Okazaki, Tetsuji "Micro-aspects of Monetary Policy in Pre-war Japan: Lender of Last Resort and Selection of Banks" January 2006 
CIRJE-F-397 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
CIRJE-F-396 Lee, Jeong-Joon "The Adjusted Solow Residual and Asset Returns" January 2006 
CIRJE-F-395 Kandori, Michihiro "Repeated Games, Entry in The New Palgrave Dictionary of Economics, 2nd Edition" January 2006 
CIRJE-F-394 Iwami, Toru "Globalization and Pollution Industries in East Asia" January 2006
CIRJE-F-393 Kubokawa, Tatsuya "Integral Inequality for Minimaxity and Characterization of Priors by Use of Inverse Laplace Transform" January 2006 


  
Number Authors Title Date
CIRJE-J-171 Kubokawa, Tatsuya "Linear Mixed Models and Small Area Estimation" December 2006 
CIRJE-J-170 Okazaki, Tetsuji  "Portfolio Management and Profitability of Mitsubishi Zaibatsu during the War: 1935-1944" December 2006 
CIRJE-J-169 Takahashi, Akihiko "On an Asymptotic Expansion Approach to Numerical Problems in Finance" October 2006
CIRJE-J-168 Kobayashi, Takao  "The Critical Weakness of the Japanese Financial System and Its Remedy " October 2006 
CIRJE-J-167 Kobayashi, Takao  "The Market Efficiency - 35 years after Fama" September 2006 
CIRJE-J-166 Chen, Nai-fu, Takao Kobayashi and Risa Sai "Rethinking '100% Money': Challenges from New Financial Technology" August 2006
CIRJE-J-165 Obinata, Takashi  "Value Relevance of Consolidated Earnings ―― Evaluation of Japanese Revolution and a New Proposal by FASB ―― " August 2006
CIRJE-J-164 Obinata, Takashi  "Accounting Policy and the Value Relevance of Earnings ―― The Case of Revenue Recognition in the Construction Industry ――" July 2006 
CIRJE-J-163 Iwamoto, Yasushi  "On the Design of Social Security Contributions" June 2006 
CIRJE-J-162 Iwamoto, Yasushi  "On the Design of Social Security Financing" June 2006 
CIRJE-J-161 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 Koibuchi, Satoshi and Shin-ichi Fukuda "Costs and Benefits of a Shock Therapy: Experiences from Large and Small Firms in Japan" May 2006 
CIRJE-J-159 Takeda, Yuka " Determinants of Poverty Alleviation and Impoverishment in Transitional Russia -Urban Areas and Rural Areas-" May 2006
CIRJE-J-158 Okuno-Fujiwara, Masahiro, Hirokazu Takizawa and Yasunori Watanabe "Increasing Complexity of Artifacts and the Role of Product Architecture" April 2006
CIRJE-J-157 Fukuda, Shin-ichi and Satoshi Koibuchi "Bad Loans and Loan Write-Offs" April 2006
CIRJE-J-156 Okazaki, Tetsuji "A framework for empirical analysis of institutional change and its applications: Towards understanding institutional change" April 2006
CIRJE-J-155 Okuno, Masahiro and Toshiaki Kouno "Propensity to Procrasternate and Collective Decisionmaking Systems in Japan" April 2006
CIRJE-J-154 Takeda, Yuka "Rural Poverty Dynamics in Transitional Russia: A Comparison with Urban Poverty Dynamics" March 2006
CIRJE-J-153 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
CIRJE-J-152 Kasuya, Makoto "The beginning and modification of bonus payments to directors in Japan" March 2006
CIRJE-J-151 Kasuya, Makoto "Personnel Management in a City Bank in Prewar Japan: A Case of Mitsui Bank, 1897-1943" March 2006
CIRJE-J-150 Okazaki, Tetsuji and Michiru Sawada "Role of Inter-bank Networks in the Pre-war Japanese Financial System" March 2006
CIRJE-J-149 Okuno, Masahiro and Yasunori Watanabe "Production Architecture as a Coordination System" February 2006
CIRJE-J-148 Mori, Tateshi "The Payment of Wages in Yawata Steel Works from 1900s to 1930s" February 2006
CIRJE-J-147 Kunitomo, Naoto  "On Seasonal Adjustment Methods " January 2006
CIRJE-J-146 Kobayashi, Takao  "Style Management and Behavioral Finance" January 2006
CIRJE-J-145 Okazaki, Tetsuji  "Lender of Last Resort and Selection of Banks in Pre-war Japan" January 2006
CIRJE-J-144 Okazaki, Tetsuji  "Organizational Evolution in the Cotton Spinning Industry in Pre-war Japan" January 2006
CIRJE-J-143 Okazaki, Tetsuji  "Portfolio Management and Profitability of Mitsubishi Zaibatsu" January 2006


   
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