Discussion Papers 2021

You can see the details of each paper by clicking the underlined number of the discussion paper.

Discussion Paper F series (in English)

Number Authors Title Date
CIRJE-F-1182 Nakajima, Tomoyuki "Principal-Agent Problems with Hidden Savings in Continuous Time" December 2021Revised in April 2023.
CIRJE-F-1181 Itoh, Ryo, Yasuhiro Sato and Yves Zenou "Intergenerational Assimilation of Minorities: The Role of the Majority Group" December 2021
CIRJE-F-1180 Fujii, Masaaki and Akihiko Takahashi "Strong Convergence to the Mean-Field Limit of A Finite Agent Equilibrium" December 2021
CIRJE-F-1179 Kano, Kazuko and Takashi Kano "Welfare Costs of Exchange Rate Fluctuations: Evidence from the 1972 Okinawa Reversion" November 2021
CIRJE-F-1178 Iguchi, Yuga, Riu Naito, Yusuke Okano, Akihiko Takahashi and Toshihiro Yamada "Deep Asymptotic Expansion: Application to Financial Mathematics" November 2021; Revised in February 2022
CIRJE-F-1177 Fujii, Masaaki and Akihiko Takahashi "A Mean Field Game Approach to Equilibrium Pricing with Market Clearing Condition" September 2021
CIRJE-F-1176 Yamauchi, Yuta and Yasuhiro Omori "Dynamic Factor, Leverage and Realized Covariances in Multivariate Stochastic Volatility" September 2021
CIRJE-F-1175 Awaya, Naoki and Yasuhiro Omori "Particle Rolling MCMC with Double-Block Sampling" September 2021
CIRJE-F-1174 Onuki, Mayuko, Keitaro Aoyagi and Yoshito Takasaki "Personal Intergroup Contact Between Different Groups of Ex-Combatants and Civilians: Evidence from a Behavioural Experiment in Rwanda" August 2021; Revised in August 2021.
CIRJE-F-1173 Kizaki, Keisuke, Taiga Saito and Akihiko Takahashi "Equilibrium Multi-Agent Model with Heterogeneous Views on Fundamental Risks" July 2021; Revised in August, September, December 2021, May and August 2023.
CIRJE-F-1172 Bessho, Shun-ichiro and Haruaki Hirota "Do Public Account Financial Statements Matter? Evidence from Japanese Municipalities" July 2021
CIRJE-F-1171 Takahashi, Yuta and Naoki Takayama "Tech-Driven Secular Low Growth: Cross-Country Evidence" June 2021; Revised in March 2022.
CIRJE-F-1170 Dore, Timothy E., Tetsuji Okazaki, Ken Onishi and Naoki Wakamori "Firm Growth, Financial Constraints, and Policy-Based Finance" June 2021
CIRJE-F-1169 Aiura, Hiroshi and Hikaru Ogawa "Does E-Commerce Ease or Intensify Tax Competition? Destination Principle vs. Origin Principle" June 2021
CIRJE-F-1168 Iguchi, Yuga, Riu Naito, Yusuke Okano, Akihiko Takahashi and Toshihiro Yamada "Deep Asymptotic Expansion with Weak Approximation" May 2021
CIRJE-F-1167 Takahashi, Akihiko and Toshihiro Yamada "Asymptotic Expansion and Deep Neural Networks Overcome the Curse of Dimensionality in the Numerical Approximation of Kolmogorov Partial Differential Equations with Nonlinear Coefficients" May 2021; Revised in November 2022.
CIRJE-F-1166 Okazaki, Tetsuji "The Impact of Technological Change on Labor: The Japanese Silk Weaving Industry during the Industrial Revolution" May 2021
CIRJE-F-1165 Saito, Taiga and Akihiko Takahashi "Portfolio Optimization with Choice of a Probability Measure" April 2021; Revised in December 2021 and March 2022.
CIRJE-F-1164 Hayashi, Masayoshi "Transfer Benefits, Implicit Taxes, and the Earnings of Welfare Recipients: Evidence from Public Assistance Programs in Japan" April 2021
CIRJE-F-1163 Kawata, Keisuke and Yasuhiro Sato "A First Aid Kit to Assess Welfare Impacts" April 2021
CIRJE-F-1162 Fujii, Masaaki and Akihiko Takahashi "Equilibrium Price Formation with a Major Player and its Mean Field Limit" February 2021; Revised in March 2021 and February 2022.
CIRJE-F-1161 Ogawa, Hikaru "Still Under-Taxing the Digital MNE? Assessing the Tax Principles of Pillar One in the BEPS Project" February 2021
CIRJE-F-1160 Saito, Taiga and Akihiko Takahashi "Supplementary File for "Sup-Inf/Inf-Sup Problem on Choice of a Probability Measure by FBSDE Approach"" February 2021; Revised in March 2021.
CIRJE-F-1159 Takahashi, Akihiko, Yoshifumi Tsuchida and Toshihiro Yamada "A New Efficient Approximation Scheme for Solving High-Dimensional Semilinear PDEs: Control Variate Method for Deep BSDE Solver" January 2021; Revised in August, November 2021, January and February 2022.

Discussion Paper J series (日本語)

Number Authors Title Date
CIRJE-J-302 Iwamoto, Yasushi "COVID-19 and Economics" November 2021
CIRJE-J-301 Okazaki, Tetsuji "Intrafirm resource reallocation and labor productivity growth in the Japanese coal mining industry: Comparative study on Mitsubishi Mining Co., Mitsui Mining Co., and Hokkaido Colliery & Steamship Co. in the 1930s" August 2021
CIRJE-J-300 Hayashi, Masayoshi "The System of Public Assistance and the Earnings of its Recipients in Japan" April 2021
CIRJE-J-299 Iwamoto, Yasushi "Welfare Economics of Managing Epidemic: An Exposition" January 2021