INSTITUTE OF ECONOMIC RESEARCH, HITOTSUBASHI UNIVERSITY 2016
INSTITUTE OF ECONOMIC RESEARCH HIT0TSUBASHI UNIVERSITY 2016
INSTITUTE OF ECONOMIC RESEARCH HITOTSUBASHI UNIVERSITY
http://www.ier.hit-u.ac.jp/English/
2-1…Naka…Kunitachi…Tokyo…186-8603,…JAPAN Tel…:…+81…(0)…42…580…8327…Fax…:…+81…(0)…42…580…8333 E-mail…:…[email protected]
Copyright…ⓒ2016,…Institute…of…Economic…Research,…Hitotsubashi…University C
1 Message from the Director … …………………………………………………………………………………………………………………… 1
2 Research Activities Joint…Research…Projects
… Joint…Usage/Research…Center:…Center…for…Empirical…Analysis…on…Japanese…and…Global…Economy… …………………………………… 3
… Hitotsubashi…Project…on…Real…Estate,…Financial…Crisis,…and…Economic…Dynamics…(HIT-REFINED)…………………………………………… 5
… Service…Sector…Productivity…in…Japan:…Determinants…and…Policies…(SSPJ)… ……………………………………………………………… 7
… Japan's…Current…Account…Dynamics…in…the…Time…of…Population…Aging…and…Decline……………………………………………………… 9
… Analysis…of…Economic…Welfare…based…on…Panel…Data…in…Japan… …………………………………………………………………………… 9
… Population…Dynamics…in…Russia:…Micro-Econometric…Approach… ………………………………………………………………………… 10
… Applying…the…Capability…Approach…to…Develop…Multidimensional…Indexes…for…Individual…Opportunity…Sets… ……………………… 10
… Household…Dynamics…and…Its…Institutional…Analysis…in…the…Long-run:…Pre-War,…during…and…Post-War…Periods………………………… 11
… The…Value…of…Matchmaker… …………………………………………………………………………………………………………………… 11
… Heterogeneity…of…Price…Levels…across…Households…and…Consumption…Activities…of…Households…based…on…Point…of…Sales…Data…… … 12
… International…Research…Collaboration…for…Formulating…Trans-Positional…Capability…Index… …………………………………………… 12
Research…Departments/Faculty
… Research…Departments… ……………………………………………………………………………………………………………………… 13
… Faculty… ………………………………………………………………………………………………………………………………………… 14
Affiliated…Research…Centers
… Research…Centre…for…Information…and…Statistics…of…Social…Science… ……………………………………………………………………… 21
… Center…for…Economic…Institutions… …………………………………………………………………………………………………………… 23
… Center…for…Intergenerational…Studies… ……………………………………………………………………………………………………… 25
… Research…Center…for…Economic…and…Social…Risks……………………………………………………………………………………………… 27
3 International Network Russian…Research…Center… ………………………………………………………………………………………………………………………… 29
Research…Center…for…Normative…Economics… …………………………………………………………………………………………………… 31
International…Conferences… ……………………………………………………………………………………………………………………… 33
Foreign…Visitors… …………………………………………………………………………………………………………………………………… 35 u lications an Other Contri utions to Societ 1 Message from the Director Publications
The…Economic…Review…………………………………………………………………………………………………………………………… 37
Economic…Research…Series……………………………………………………………………………………………………………………… 37
Published…by…the…Research…Centre…for…Information…and…Statistics…of…Social…Science……………………………………………………… 38
Discussion…Paper…Series………………………………………………………………………………………………………………………… 38
Library………………………………………………………………………………………………………………………………………………… 39
Databases
Microdata…Analysis… …………………………………………………………………………………………………………………………… 40 2 Research Activities
Databases………………………………………………………………………………………………………………………………………… 41
Extension…Lectures… ……………………………………………………………………………………………………………………………… 43
A out the Institute IER…History… ………………………………………………………………………………………………………………………………………… 44
History-Chart… ……………………………………………………………………………………………………………………………………… 46
uilding-History……………………………………………………………………………………………………………………………………… 49 3 International Network Former…Director……………………………………………………………………………………………………………………………………… 50
Organi ation,… uilding… …………………………………………………………………………………………………………………………… 51
udget………………………………………………………………………………………………………………………………………………… 52
External…Committee
Institute…of…Economic…Research…Management…Committee…Members……………………………………………………………………… 53
Institute…of…Economic…Research…Joint…Center…Usage… …Joint…Research…Committee…Members…………………………………………… 53
External…Evaluation… ……………………………………………………………………………………………………………………………… 54
Contributions…to…Graduate…Education… ………………………………………………………………………………………………………… 56 Contributions to Society 4 Publications and Other Publication…of…Academic… ooks,… ook…Chapters,…and…Journal…Articles… ……………………………………………………………………… 56 5 About the Institute M 1 Message from the Director
The Institute of Economic Research (IER) is an World Economics, the Research Division of Economic organization with a long tradition, established April 1, Institutions and Policy, and the Research Division of Frontier 1940 as the Research Institute of East Asia Economies Sciences in Economics. It also operates four affi liated (Toa Keizai Kenkyusho in Japanese) of the Tokyo facilities, the Research Centre for Information and Statistics University of Commerce and then reorganized as the of Social Science, the Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University the Center for Intergenerational Studies, and the Research 2 Research Activities in 1949. Established with the objective of conducting Center for Economic and Social Risks, with the cooperation “comprehensive research on the Japanese economy and of faculty in each research division and partner researchers the world economy,” the IER has generated numerous in Japan and overseas. outstanding research results through individual research and joint research led by IER staff members, earning the Large-scale projects currently underway that have high regard of researchers, the research community, and been awarded Grants-in-Aid for Scientifi c Research include universities and research institutions in Japan and around the Hitotsubashi Project on Real Estate, Financial Crisis, the world. One of its achievements of particular note is the and Economic Dynamics (HIT-REFINED) (Grants-in-Aid for research for and publication of the Long-Term Economic Scientifi c Research (S)), Service Sector Productivity in Japan: Statistics Series (LTES) from the 1950s through the 1980s Determinants and Policies (SSPJ) (Grant-in-Aid for Scientifi c 3 International Network (14 volumes in total). As a successor to the LTES, since the Research (S)), Japan's Current Account Dynamics in the Time 1990s the IER has been carrying out research for the Asian of Population Aging and Decline (Grant- in-Aid for Scientifi c Historical Statistics Series (planned to make up 12 volumes in Research (A)), Analysis of economic welfare based on panel total), publication of which began in fi scal 2008. data in Japan (Grant- in-Aid for Scientifi c Research (A)), Population Dynamics in Russia: Micro-Econometric Approach The IER defi nes its current mission as follows: (Grant- in-Aid for Scientifi c Research (A)), Applying the “To play a leading role in Japan in the future through Capability Approach to Develop Multidimensional Indexes development of outstanding databases on economics for Individual Opportunity Sets (Grant- in-Aid for Scientifi c and society as well as advanced theoretical and empirical Research (A)), Household Dynamics and Its Institutional analysis and policy research directly connected to these Analysis in the Long-run: Pre-War, During and Post-War Contributions to Society 4 Publications and Other data, and to enhance its functions as a hub for joint research Periods (Grant- in-Aid for Scientifi c Research (A)), The activities in this fi eld in Japan and worldwide.” Value of Matchmaker (Grant- in-Aid for Scientifi c Research Hitotsubashi University has established medium-term (A)), Heterogeneity of Price Levels across Households and goals for the University as a whole. The parts of these goals Consumption Activities of Households based on Point relating to IER’s mission are (1) generating even higher levels of Sales Data (Grant- in-Aid for Scientifi c Research (A)). In of world-class research results, (2) putting the institutes for addition, active joint research is underway in International advanced social sciences research to active use to realize Research Collaboration for Formulating Trans-Positional fruitful joint international research, (3) maintaining a solid Capability Index, which has been chosen as a JSPS Program research infrastructure at all times, and (4) giving back the for Advancing Strategic International Networks to Accelerate results of research to society. Through alignment with these the Circulation of Talented Researchers. 5 About the Institute goals, the IER’s current plans are to actively promote (1) As can be seen from the themes of these research improvements to its databases, (2) development of facilities projects, the IER’s activities combine empirical research for joint use, (3) international joint research, and (4) system based on solid statistical data with normative research design and policy recommendations. based on economic theory and economic ethics, under an To carry out these plans, on April 1 of last year the IER integrated research structure aiming for solutions to diverse reorganized its research structure into the following fi ve economic issues. sections: the Research Division of Theories in Economics and This research structure is supported by a current staff Statistics, the Research Division of Economic Measurement of 74 faculty and researchers, 15 members of administrative and Statistics, the Research Division of Comparative and staff , and 36 research support staff . These 36 research
1 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute
Contributions to Society 2 Director, Director, University Hitotsubashi of Economic Institute Research (IER) Yukinobu Kitamura Yukinobu To achieve these goals, important it is To the that faculty, information it can use along with advice on system design and policy recommendations,and expected are we to play an active role in these as well. In fact, areas there opportunities many are faculty for IER contribute to to the management of contemporary society, both in the public and private sectors. There expectations great are for contributions faculty IER by such as those in areas that would require too much time or expense if private-sector businesses or government take them to were on and those require that accumulation of knowledge many over years order in design to optimal systems based on a deep understanding of them. in researchers, administrators, and support research staff divisions research ve and four newlythe IER’s established fi facilities research liated work together hard as one while affi maintaining a high level of contribution the public to good as well as a high degree of originality in their respective research. Next summarize I would to the like directions which in First, will we advance the collection, publication, and Second, it goes without saying the that of source The energetic IER’s activities research supported are by the should IER move in the future outstanding in this environment.research use of various types of statistical data (including historical data, the collection of and which maintenance requires cial amountsmassive of time and costs, secondary use of offi statistics collected the by government, and big data such as high-frequency data and data POS using state-of-the-art information technologies), which serve as the foundations of empirical research. Through doing will we so, aim to become an international hub for advanced empirical and theoretical in social research science in the same league as experimental will in natural research also science. We enhance our functions for joint use and as a center joint openresearch, not just in Japan but internationally as well, and actively would promote international joint research. We take on the to like challenges of developing new frontiers in economic activating research, the functions of the Research Division Sciences of Frontier in Economics. pride faculty for IER found is in their ability carry to out outstanding and research contributions make the in key domainsresearch of the the at social science. However, same time it important also is provide to society with support staff employed are mainly through competitive support staff c Research. grants such as Grants-in-Aid for Scientifi its support research structure featuring a ratio of support personnel faculty to and researchers nearly is that 0.7-to-one, supporting administrators and supportwith research 51 staff of Publicationsce and faculty74 and researchers. The Offi providece support for publication Faculty Support Offi of results, research the Large-Scale Data Archiving and Processing Section handles data entry and maintenance, support for analysis, Internet security, and other matters, and the archives and Institute’s the for Research Centre Information and Statistics of Social Science perform library functions. In addition, matters such as budget execution c Research are and for accounting Grants-in-Aid for Scientifi The high ce. IER’s managed strictly theby administration offi for ofrate acceptance competitive grants research over years canmany be said be to in large part thanks the to supportce’s for grant applications. offi With capacity this and as part of its joint-usage activities, Joint projects research include "Hitotsubashi Project http://www.ier.hit-u.ac.jp/kyodo-riyou/English/works/project.html the for Research Information Centre and Statistics of Social Science, Institute of Economic Research, Hitotsubashi Universityfunctioning is the as contact pointfor maintaining and expanding the usage of government statistics rst government microdata and for constructing fi Japan’s statistics in close microdata collaboration center with the This endeavor will provideNational Statistics easy Center. government to statisticsaccess as anonymous data to domestic and international researchers and promote the proper use of anonymous data in Japan. the same At time, on the basis of the feedback provided the by research community regarding data requirements, is the Center exploring new methods of providing anonymous data that bothimprove and consistency access and the contribute to empirical analysis of microdata in Japan. on Real Estate, Financial and Crisis, Economic Dynamics (Grants-in- Aid for Scientific(HIT-REFINED)" Research (S)) and "Service Sector Productivity in Japan: (2013-2017), for (Grant-in-Aid Scientific Determinants and Policies (SSPJ)" ndings from With the fi research (FY 2016-2020). Research (S)) these sorts of large-scale projects serving as the foundation, will pursuethe Center systems and policy based research on quantitative analysis. Please see the webpage provided below for details on the results of projects research conducted date: to E The Institute of Economic Research, Hitotsubashi With as the this background,the June in Institute 2009, R A U R C C E A E A E C C U R History of the Institute of Economic Research for as a center constructing statistical databases on Japan and Asia and a hub for international joint research University, played has a historical for joint role center as a onresearch the construction and use of databases for Japanese economic statistics. It also has made contributions an extentto unparalleled other any by facility the to collection and preparation of statistical and the materials construction of databases, such as for the estimation and compilation of the Asian Historical Statistics (ASHSTAT), Economic Statistics series Long-Term including Japan’s it enthusiastically has 1990s, the since late Moreover, (LTES). participated in advancing innovative, large-scale joint projectsresearch in which researchers from Japan and overseas actively are involved. The Institute as a Joint Usage/Research Center was recognized the by Ministry of Education, Sports, Culture, Science and Technology as a Joint Usage/Research Center. opportunity, this Using and based on its achievements to the Institutedate, maintained has developed a data archive, methods of statistical analysis, further and to aims develop as an international joint usage for the and center research advanced empirical analysis of the Japanese and global economies.
4 Publications and Other 3 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute
Contributions to Society 4 aculty Meeting Research Research Research Center Center Research Communities Committee Operating System Usage oint Research Research ivisions heories in Economics Statistics and Economic and easurement Statistics and Comparative orldEconomics Institutions Economic and olicy in Sciences Frontier Economics • • • • • Committee Management Management Organization Director of theof Institute Director committees, the Management Committee and the Joint Usage & Joint ResearchCenter Committee been have established for Empirical the at Center Analysis on Japanese and The Global Management Economy. Committee discusses the related issues management to of the Center as a whole, whereas Usage the & Joint Joint Research Center Committee deliberates the on related issues recruitment to and implementation of joint-use and projects. joint-research the that Institute ensure pays much attention theTo to opinions and requests of the domestic and international ects feedback this in how communitiesresearch and refl majorityit runs the of the Center, members of both committees researchers are from outside the Institute. (For information on committee members, please see 5. “Chapter About the Institute” outline.) in this Term Economic Statistics, Term Research Unit Research Center for Intergenerational Studies Intergenerational for Center Institutions Economic for Center Theoretical Analysis Institutional Group Price Dynamics for Center Research for Center Research Industrial inancial Network Research oint aboratory for Information and Statistics of of Statistics and Information for Social Science) Economics and for Center Research Social Risks Group Analysis Data ong Research Economics Regional Group Center Research Russian Research oint aboratory Micro Data Center (Research Centre Centre (Research Center Data Micro • • • • • • • • • • • • Scale Pro Scale ect Scale Data Processing Scale Data Research Organi Research ation Publications and Secretariat (Support Section Secretariat and Publications International for Office Research) oint Publicity Committee Office Administrative Support Office for arge IER ibrary and Statistics Information for Centre Research Science Social of Support Office for arge Archive, ata Support System complementary theories, complementary institutional research policy methods, and empirical analysis empirical methods, and Section Analysis ata esponsible for the development of of the development for esponsible data, the development of the development analytical data, Responsible for the of for Responsible maintenance R Section olicy Analysis heoretical Institutional System Relations Information Information Department International International Promotion of Promotion Administrative Administrative Research Support Research Publishing System Publishing A number of these joint projects research will lead to The Institute currently maintains close and progressive the subsequent development of bigger even joint research projects and the acquisition of large-scale funding. research Aiming for further development of the through Center broad incorporation of feedback from the research community relationships with various external organizations and groups.research In its operations, strives the Center to understand the opinions and expectations of the external communityresearch with the regard Institute, to in addition ascertainingto the latest academic trends through joint withresearch these external parties. In terms of formal For (3), various hypotheses consisting of fi nancial and various hypothesesFor (3), consisting of fi on the basis of the results of the priceFor (4), mechanism than 20 years, this mechanism will be clarifi ed through years,than 20 mechanism this will be clarifi the construction of a large-scale database did that not ered ndings of will research this be off previously exist. The fi as a benchmark for analysis not only Japan to but also to othermany countries searching are that for extricate ways to nancial themselves from slumping estate real markets and fi crises, those well as as to currently are that experiencing a estatereal bubble. real-world aspects being are tested. the current point At c hypotheses being considered a are thein time, specifi estatereal mortgage constraint hypothesis, a systemic risk hypothesis, a labor and capital immobility hypothesis, a ect hypothesis, and an asset meltdown hypothesis. wealth eff cation and the hypothesis testing, each hypothesis is clarifi ed with the regard question to of what type being quantifi ect a shock in the estate real market on has economic of eff activities such as consumption, capital investment, and production. This being is done information using by on transaction networks between companies, between banks, and between companies and banks, as well as locational information on properties, households, companies, and nancial institutions. This will shed on light the degree fi ected, as economic whichto economic activities aff are activities believed are vary to region, by type of industry, and other company attributes. These tasks will it possible make analyzeto whether anomalies in the estate real market nancial ect on economic activity via their fi eff a greater have aspects or via their real-world aspects. Kentaro Nakajima (Tohoku Univ.) NakajimaKentaro (Tohoku Univ.) Arito Ono Univ.) (Chuo of Tokyo) Hirano (Univ. Tomohiro Takaaki Ohnishi (Univ. of Tokyo) For (2), an analysis of the mechanism whichby estate real For (2), For (1), a real estate a real price database will that become the For (1), In this project,In this which scheduled is be to implemented The estate real market an has important presence and its Takayuki MizunoTakayuki (National Institute of Informatics) Hiroyuki Kasahara of British Columbia) (Univ. Mitsukuni (Johns Nishida Hopkins Carey Business School) FY 2014-2017 Daisuke MiyakawaDaisuke (Hitotsubashi Univers) Iichiro UesugiIichiro (IER, Hitotsubashi Univ.) ShimizuChihiro (Reitaku Univ.) Hirofumi Uchida (Kobe Univ.) of Tokyo) Watanabe (Univ. Tsutomu Iwaisako (IER, Hitotsubashi Tokuo Univ.) Kiyohiko Nishimura (Univ. of Tokyo) of Tokyo) Kiyohiko Nishimura (Univ. Masahiro Hori (ESRI, Cabinet Office) Kaoru Hosono (Gakushuin Univ.) H R E F C E HIT REFINE HIT REFINE E C F E R H S R S A ◆ of Project Term ◆ Members ◆ Project Leader prices in general formed are and an analysis concerning the early detectionof price bubbles being are performed. cornerstone of the project entire being is prepared based on the such as transaction items examples and the appraisal values of land. In addition, the estate real price data are being databases linked to on companies and households. Research summaryResearch research scal 2013, ve-year period starting in fi a fi over as items ve activities being are undertaken for each of the fi cation clarifi ed database, (2) construction of a unifi follows: (1) of the price mechanism testing in the estate real market, (3) of hypotheses pertaining the relationship to between the nancial crises/economic growth, estatereal market and fi cation of the transmission mechanism from the quantifi (4) estatereal the market economy to as a whole, based on the testing of each hypothesis, feedback and (5) economic to theory and policies. characteristics need be to completely examined, inasmuch nancial crises in many as it become has for the fi “epicenter” countries, including Japan. project, In this researchers who elds have currentlyare active in a wide range of economic fi gathered clarify to the mechanism which by anomalies in nancial crises and suppress the estate real market cause fi economic growth. For Japan, where declining land prices and low economic growth continued have for more
4 Publications and Other 5 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute
Contributions to Society 6 : hypothesis Real aspect Real negative e negative effects uity amount of amount of land trades Asset meltdown hypothesis: Conse price estate real of uences choice and portfolio ealth effect change on the real economy through through economy real the on change Characteristics of real estate prices: prices: of estate real Characteristics In particular, a number of conferences research have Test the demographic effects on prices on land effects demographic the Test hypothesis immobility abor and capital and information on the properties they own, as well as a database of information on changes in property registrations from 2000 onward, which had not been used for purposes research Connecting now. until these various types of databases it makes possible proceed to in testing the hypotheses on the estate real price mechanism and the relationship between the estate real market and the real economy. been held the since start of the project. For example, in there was a large-scaleDecember open research 2014, meeting in which practitioners and policy makers met discuss on theto relationship between the estate real market there and was macroeconomy an In October 2016, international in collaboration conference with the Research and Industry Trade Institute (RIETI) of Economy, on real estate, productivity, and prices. There another is international which to is be to conference held in the autumn of 2017, present all the products research of the project. entire and land prices on several study uantitative Research topics Research ricing ricing mechanisms of real estate and or ban on data burst process burst - post Financial aspect Financial lending channel hypothesis Systemic ris Systemic hypothesis: channel collateral est Collateral constraint hypothesis: hypothesis: constraint Collateral Evaluation of financial risk involved in risk of financial involved Evaluation bubble: estate the real of echanisms based prices estate real on theory the est With regard to (5), this project this With expected (5), regard is to reveal to Three years passed has the since project began, and many policymany implications, including those the related to early detection of shocks caused estate real by prices theand position to of the estate real market in national land development policy, macroeconomic management, macroprudential policy, and monetary policy. These implications will be thus fed policy back into through opinion exchanges between domestic and international public institutions. Findings date to its participants been have extremely active, including publishing working 63 papers and holding seminars 55 In particular, for date. ndings to discuss theto fi research ed database, the project the construction of the unifi acquiredhas not only estate a real transaction database, which recently has become possible obtain, to but also a large-scale database of company panel data extends that nancial information 100,000to companies, including fi Estimate production functions taking imperfect The project ample has team experience in the kind of activities) activities) market) competition) Daiji Kawaguchi (Univ. of Tokyo) KawaguchiDaiji (Univ. Oshio (IER, Hitotsubashi Univ.) Takashi Masayuki Morikawa (RIETI) Osamu Saito (Hitotsubashi Univ.) Hyeog (Nihon Univ.) Ug Kwon Makiko Nakamuro Univ.) (Keio Miki Kohara (Osaka Univ.) Hideo of Tokyo) Owan (Univ. Kohei Kawaguchi (Hitotsubashi Univ.) economic competencies (brand equity, fi rm-specifi c human rm-specifi economic competencies (brand equity, fi capital, organizational structure) plays an important role in raising service sector productivity growth. Miyagawa Leader: Tsutomu (ICTMiho Takizawa investment; intangible assets) MiyakawaDaisuke (Financing of intangible investment) Labor & Human Capital III): (Group competition examine account; into the impact of the elderly and womenre-entering the labor market after raising children on labor supply and wages; and others. Leader: Kawaguchi Daiji Inui (Higher educationTomohiko geared service toward Makiko Nakamuro (Higher education geared service toward Hideo Owan (Work patterns and productivity) Kondo (InstitutionalAyako distortions in services labor Kohei Kawaguchi (Production functions under imperfect economic growth and living standards. proposedresearch and includes members of government- related statistics and departments, research with which the project will work in close cooperation. Investment in intangible assets such as ICT and Research activities will be conducted in four groups that ators and output Construct quality-adjusted defl Numerous studies on shown Japan growth have that in Kyoji Fukao (IER, Hitotsubashi Univ.) Kyoji Miyagawa Univ.) (Gakushuin Tsutomu Naohito Abe (IER, Hitotsubashi Univ.) Shigeru Sugihara (Tokyo Medical and Dental Univ.) Univ.) Inui (Gakushuin Tomohiko (IER, Hitotsubashi Usui Univ.) Emiko NakajimaKentaro (Tohoku Univ.) Univ.) (Toyo Miho Takizawa Miyakawa Daisuke (Hitotsubashi Univ.) of Tokyo) Kondo (Univ. Ayako FY2016-2020 productivity) S SS S S R S A Shigeru Sugihara (Medical care sector productivity) Osamu Saito (History of service sector employment system) (Public services Usui Emiko demand) Hyeog (Productivity Ug Kwon dynamics; industries) creative Capital Formation II): (Group Research Methods will closely work together. Project Supervision I): (Group Issues & Measurement indexes for major service sectors construction, (commerce, education, medical public care, administration, social ces; welfare, and propose etc.) these statistical to offi indexesimprove of service productivity for international and prefectural comparisons; examine the impact of Industry (big4.0 data, robotics, develop a productivity etc.); index for industries;creative Databases. revise JIP and R-JIP Fukao Leader: Kyoji Oshio (Public servicesTakashi demand; education sector ◆ Members ◆ Project Leader ◆ of Project Term servicesector productivity has been sluggish and, moreover, productivitythat low quite compared is the United to States and Given Europe. the that service sector accounts for about GDP and80 employment, of Japan’s percent boosting service sector productivity plays a crucial role in raising
4 Publications and Other 7 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute
Contributions to Society 8 In contrast, in Japan, partly as a result of insuffi cient In contrast, in Japan, partly as a result of insuffi The proposed project, leading comprising Japan’s to examineto the determinants of productivity and devise policies for raising productivity growth. In fact, statistical abroadces already responded have such initiatives, to offi for Nationalce Statistics output creating Offi with the UK’s indexes which, for a wide range of public services including education, take quality the Similarly, changes account. into adopted has United States various improve to measures statistics construction, with commerce, regard to etc. ces, there been has little progress in statistical at offi staff preparing and improving service sector statistics, so that Japan started has fall to behind other advanced countries. without data, accurate However, meaningful empirical andresearch policy recommendations impossible. are researchers on productivity, seeks remedy to situation this in collaboration with statistical agencies and in conjunction with ongoing initiatives research abroad through comprehensive on research service sector productivity to drastically the improve service of measurement real sector output and productivity develop and to a new approach to the study of service sector activity taking the simultaneity of production a large- Such account. and consumption into scale almost endeavor research is unprecedented both in Japan and abroad. The project will a substantial make contribution global to and on research the of, measurement policies raise, service to sector productivity. In recent years,In recent initiatives address to measurement Estimate utility functions taking the complementarity of inequality) price regulations) Miki Kohara (Utility function estimation) Importance and necessity of this Project examine to issues service sector performance and devise policies raise to productivity growth sprung have up in advancedmany countries. The OECD Statistics Directorate, for example, released has a manual on methods construct to outputreal statistics for medical care and education in 2010. The basic approach recommended in the manual when constructing output real indexes for public services for avoid cult to is which the construction of price diffi data is using factor inputs as a substitute and include instead to quality adjustments as scholastic (such ability test results or survival when measuring rates) as the quantities (such number Meanwhile, the of SPINTAN graduates or patients). project supported by (Smart Public Intangibles, 2013-14) nd accurately ways to the tries Commission European fi to servicemeasure quality and output real and use the results Kentaro NakajimaKentaro (Urban business services; regional Simultaneity of Production IV): and Consumption (Group service account. consumption and into leisure Leader: Naohito Abe Masayuki Morikawa (Industry service 4.0; home production; Toshiaki Watanabe (IER, Hitotsubashi Univ.) Toshiaki longitudinal data obtained from these surveys, conduct we econometric analysis focusing the on related issues to socioeconomic behaviorfollowing: such as employment (1) and sociodemographic income earnings, (2) behavior such as marriage subjective and child (3) care, well-being such as life satisfaction and perceived choices happiness, and (4) of social policies. obtain we policy Finally, implications from these empirical analyses, especially regarding public pension plans, health employment, care, and family policies. research projectresearch on the Japanese investigate we economy, the dynamics of thecurrent and trade accounts with the microeconomic analysis of the investment/saving decisions citsof households and corporate sectors and the budget defi ects on the current of the national government. The eff uctuations fromaccount other exogenous factors, such as fl in the exchange and rate the global recession, will also be examined for better understanding of the Japanese economy as a whole. Ryo Kambayashi (IER, Hitotsubashi Univ.) This project analyzes the determinants of an individual’s Japan’s current account surplus declining current is account dueJapan’s to Takashi Oshio (IER, Hitotsubashi Univ.) Takashi Abe Aya (IPSS) Seiichi of Health Inagaki and Welfare) (International Univ. (IER, Hitotsubashi Usui Univ.) Emiko Noriyuki (Hitotsubashi Univ.) Takayama FY 2014-2016 Tokuo Iwaisako (IER, HitotsubashiTokuo Univ.) Unayama (IER, Hitotsubashi Univ.) Takashi FY 2013-2016 A E E A A R S A C A T A A T A C A R S A ◆ Project Leader ◆ Members ◆ of Project Term ◆ Project Leader ◆ Members ◆ of Project Term socio-demographic and -economic behaviors and subjective well-being, providing evidence-based policy proposals this order in enhance economic to welfare. To end, conduct we two types of panel surveys-a nationwide survey targeted for young adults, entitled “Longitudinal Survey on Employment and Fertility” and its internet version with speciallongitudinal reference to information les and job careers. Based on microlevel such as wage profi population aging. This decline a natural is phenomenon and not a concern is from a purely neoclassical perspective. the declineHowever, surplus in the current and account the cit occurring are during the global increase in the trade defi scal situation deteriorating is and its fi recession, and Japan’s exports struggling. are the medium Consequently, and long- involves uncertainty, current account term trend of Japan’s and itcan impact the future course In this of the economy.
4 Publications and Other 9 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 10
Noriko Igarashi Univ.) (Tenri Throughout the period, research individual data from the RLMS This will research be undertaken in cooperation with overseas co- foundation for micro-econometric analysis of the behavior of individuals and households in Russia. used are perform to and ISSP the research. In addition, a sociological investigation planned is give substance to the analytical to items. The facilitateanalysis to aims a comprehensive understanding of population dynamics factors integrating by in Russia aspects labor, such as gender, lifestyles, and regional societies form to the of the core data analysis and interpretation. researchers and facilities, research including the Academy Russian of Sciences’ Institute of Geography, Higher School of Economics in Russia, and the Institute for East and Southeast Studies European in Regensburg. systems and policies. More than simply proposing new indices, these distinguishing of features the approach have expandthe to potential the framework of welfare economics itself. The subject of study this the is formularization of this approach based on its social relationship to choice theory, it will attemptcally, another economics. pillar of Sen’s Specifi a method of formularization based on the evaluations of individuals while ascertaining the essential properties of the capability indices of multidimensionality and grouping. Paul DumouchelPaul (Ritsumeikan Univ.) Oshio (IER, Hitotsubashi Univ.) Takashi Yuka Takeda (Kyushu Univ.) Univ.) (Kyushu Takeda Yuka Norihito Sakamoto of Science) (Tokyo Univ. The capability approach advocated Amartya by Sen This a cutting-edge is research analysis of population dynamics FY2014-2017 Chiaki Moriguchi (IER, Hitotsubashi Univ.) Reiko Gotoh (IER, Hitotsubashi Univ.) Hideyuki Kita (Kobe Univ.) Mayu Michigami (Niigata Univ.) Mayu Michigami (Niigata Univ.) Ichiro Iwasaki (IER, Hitotsubashi Univ.) FY 2014-2017 Kazuhiro (IER, Kumo HItotsubashi Univ.) Norio of Toyama) Horie (Univ. A S A R S A A C A M I I O I I M S A C A R M E A M E A R A R S A ◆ of Project Term in Russia for internationalin Russia publication. individual Using responses from the Longitudinal Russia Monitoring Survey (RLMS) data on householdsRussian and the International Social Science Program and focusing on the population(ISSP) economics, labor economics, and sociological perspectives, study this will analyze the relationships the birthbetween and rate such micro-level (1) factors as household division of labor and the household and death rate such (2) consumption; micro- characteristics as individual habits and lifestyles; individual and (3) and household characteristics and regional/ international migration. The objective develop to is an analysis integrates the that aspects of “gender and birth “the historical rate,” chronology and of “micro the death rate,” characteristics and population migration,” which all been have lacking in previous analyses population of Russian dynamics and also have tended be to investigated The individually. study also seeks provide to a ◆ Members ◆ Project Leader ◆ of Project Term ◆ Project Leader ◆ Members has attracted attention from numerous fi elds, including attractedhas attention from numerous fi medicine, welfare, and transportation planning, in which attempts being are made its toward use in practical applications. The objective of study this propose to is a basic theoryfor clinical application ofthe capability approach. The capability approach distinguished is the by way it focuses on individual evaluation well-being, (income, in critical welfare) analysis of existing economic systems seek to out practicable
Motoi Kusadokoro of Agriculture (Tokyo and Technology) Univ. Chiaki Moriguchi (IER, Hitotsubashi Univ.) UesugiIichiro (IER, Hitotsubashi Univ.) of Tokyo) Genda (Univ. Yuji Masahiro Sato (IER, Hitotsubashi Univ.) Masahiro (IER, Sato Hitotsubashi Univ.) Maru (IER, Hitotsubashi Univ.) Takeshi Nobuko Nagase (Ochanomizu Univ.) Masahiro Ohmori (Ochanomizu Univ.) LeeSujin (Hirosaki Univ.) to existingto data such as government statistics, it ascertains the systemic conditions and actual state of each through studies conducted independently, pursuing a broader, fact-based form of logic on such matchmaking, which has tended be to bound the by keywords of incentives and coordination, and proposing policies as appropriate. centered on agriculturecentered one on mining to centered and manufacturing. studies onHowever, prewar household budgets consisted mainly now until have of empirical studies using aggregate macro data, and almost no analysis of micro data been has conducted individual using data. This study will generate a database enable to such empirical analysis a micro level at and how elucidate household consumption responded a period to of economic massive ects. change and overcame the accompanying negative eff The purpose of paper this pursue to is a general logic The fi rst objective of study this develop to is panel data The fi FY2016-2018 Ryo Kambayashi (IER, Hitotsubashi Univ.) ce) Ueno (Cabinet Offi Yuko Naomi Kodama (Hitotsubashi Univ.) Arimoto (IER,Yutaka Hitotsubashi Univ.) Univ.) (Kyoto Teruyama Hiroshi FY2016-2018 Takashi Unayama (IER, Hitotsubashi Univ.) Unayama (IER, Hitotsubashi Univ.) Takashi Okazaki ofTetsuji Tokyo) (Univ. ShigekawaJunko (Saitama Univ.) Manabu Ozeki (Okayama Univ.) Noriko Matsuda (Bunkyo Univ.) Yukinobu Kitamura (IER, HitotsubashiUniv.) Osamu Hitotsubashi Saito (Emeritus Univ.) Professor, A S A R S A T V M T V A R S A H I I A H A I I ◆ of Project Term ◆ Members ◆ of Project Term ◆ Project Leader ◆ Project Leader ◆ Members based on demonstrative a studies of the “matchmaker,” party considerable has that power a market in economy. of (A) areas ve it lookscally, matchmaking at in the fi Specifi employment, marriage (B) and adoption, estate, real (C), wholesale(D) and retail, and (E) policy, focusing on the mechanisms and organizations of matchmaking. In addition from Household the prewar Farm Survey Economy verify to dynamic changes in economies of farm households under a historic period of turmoil. the same At it time, also aims compare andto contrast changes consumption in lifestyles of workers in the interwar period with those of farmers, through developing a database of household book account data on worker households other than farm households. ofThe household content consumption underwent massive changes during the shift from an economic structure
4 Publications and Other 11 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 12 Takashi Kano (Hitotsubashi Univ.) Takashi Chiaki Moriguchi (IER, Hitotsubashi Univ.) Shimozuma (RitsumeikanKojiro Univ.) E
More specifi cally, in this project, we tried to (1) grasp project, in this cally, tried we (1) to More specifi Re-examine(2) the philosophical, and conceptual, erent Draw an overall “trans-positional”(3) map of diff heterogeneity of price levels across households and the relationship between the price level and decisions consumer on consumption and labor supply. cial CPI the importance of the potential problems of the offi making by quantitatively, use of the various information contained data POS in collected from stores and households; the wage measure real and income(2) in household levels using resulting price information precisely; elucidate and (3) in economicerence activity arises from how much of a diff ation. oference quantitatively measured defl the diff places,erent situations, underlying ideas, developed for diff and populations (“positions” in short). First, going are we to look the at multidimensional poverty index (developed at Oxford), the Beyond and the GDP Medical- index (Princeton), Transportation-Disability capability index (Japan). capabilityerent indexes methodological backgrounds of diff in order develop to a theoretical foundation for a broader framework. expect We cooperate to with scholars based Harvard,in Pavia, and elsewhere, who work extensively on social choice theory, welfare economics, and political philosophy. capability indexes in order construct to a coherent and encompassing framework within which can we apply the capability approach, allowing thus for policy recommendations across a wide range such as of areas health care and civil engineering. Hideyuki Kita (Kobe Univ.)
ce) Ueno (Cabinet Offi Yuko The capability approach, originally developed A. by This program implement to aims the following: capabilityerent indexes and their Compare diff (1) The consumer price index plays a signifi cant role when The price consumer index plays a signifi Akiyuki (IER, Hitotsubashi Univ.) Tonogi Kazuko Kano (Musashino Univ.) FY2015-2018 Ryo Kambayashi (IER, Hitotsubashi Univ.) Chiaki Moriguchi (IER, Hitotsubashi Univ.) Reiko Gotoh (IER, Hitotsubashi Univ.) SuzumuraKotaro (Japan Academy) Amherst) (UMass Naoki Yoshihara Naohito Abe (IER, Hitotsubashi Univ.) FY2014-2016 I R C F T C I T F C R I C N A I S A S S R T H H C A H A H C H S A R S A ◆ of Project Term ◆ Project Leader ◆ Members ◆ Project Leader ◆ Members ◆ of Project Term Sen and M. Nussbaum, a method is social evaluate to states and public policies looking by directly individual at wellbeing and opportunity rather than focus by on income or subjective utility. This approachbeen has widely used assessto policies in various such as public areas health, disabilities and intractable diseases, violence, and poverty. Its largely formulation, depends however, on the context, and its implementation be yet to clearly is established. The purpose of program this advance to is international research collaboration sending by talented researchers (and to inviting prominent scholars well-respected from) overseas eld of research, institutions engaged expanding this in fi nal including Oxford, and Pavia, Princeton, Harvard. Our fi goal gather diverse to is context-based data and synthesize general theories facilitating by talented researchers. analyzing the values real of consumption and saving. oftenIt is assumed price that levels identical are across households. each household in reality, faces However, priceerent levels. The reason simple. for is In general, this diff uctuations of each commodity price not are identical; the fl a household is, that purchases that commodities with decreasing prices faces a lower price index than households spendthat more on products with increasing prices. ifEven each purchases consumer the same commodity, if stores,erent their price they purchase the products diff at project, research In this er. used we large- indexes diff may scale point of sales analyze data to (POS) the degree of the The of aims the Research Division of Economic The Research Division Sciences of Frontier in Economics carries out empirical and theoretical combining research the approaches of comparative economics, comparative system analysis and comparative economic history; development economics and theories of economic development; theories of emerging markets, theories of economies in transition and regional economic analysis (including and Russia Eastern Asia, Europe, Its and Africa). main themes research historicalare and empirical on research Japan, before and after industrialization; analysis of economic systems and historical on research economies in transition in (countries contemporary Asia and Africa as well as Central and Eastern and interdisciplinary on research andEurope poverty Russia); underdevelopment. and Research Division of Economic Institutions and Policy Institutions and Policy theoretically elucidate to are and empirically the of issues the various economic systems and economic policies impact greatly that our economic activities and everyday lives, such market as systems, public and socialnance, security, study and to their and private fi desirable do it so, carries forms. out To advanced theoretical onresearch subjects including the economic behavior of nancial businesses andconsumers, employment systems, fi systems, the mechanisms determine that prices, consumer ects of wages, and asset prices, and analysis of the eff systemsand policies, advancing well as as applied economic includingresearch empirical analysis based on big data. A distinguishing of division research this feature the is way it carries out from research a policy-oriented approach, for example through actively providing policy advice based on the results of research. this Research Division of Frontier Sciences in Economics a special-purposeis division research established to foundation as a kind of organizational slack for adapting to changes in interdisciplinary trends in the near future. As its ers from the other four divisions research name implies, it diff domain.c research Currently not itin that assigned is a specifi its main objective of that pursuing is the themes research institutionsliated of the Center ed the by affi IER identifi for Economic Institutions, for Intergenerational the Center Studies, and for the Economic Research and Center Social Risks. its future However, activities research will not be restricted these to alone. This division research also includes an associate division research accepts that outstanding researchers from across Japan and around the world. Capitalist economies changed have various in and cance of empirical in the research social The signifi The historical experiences of the Europe United States, R Research Division of Theories in Economics and Statistics exible ways the since birth of capitalist Western European fl economic society passing through century, the in the 19th stages of imperialism, two world wars, the growth of the welfare state after and II, the World War age of neoliberalism This division research starting carries out in the 1970s. in theresearch following design to sustainable areas economic systems based on a recognition of historical this background: development of new microeconomic, macroeconomic, and statistical theory serve to as the foundation of risk management and policy analysis and related based research on large-scale, high-frequency data; normative analysis on alternative economic systems and economic theory of system design; comparative analysis of economic systems (focusing on elucidation of facts); and elucidation of the historical development of the economic thinking on which contemporary economics grounded. is Through these topics the division research play a to aims role in expanding and deepening the frontiers of economic and statistical theoretical analysis. Research Division of Economic Measurement and Statistics sciences can be compared of that experiments to the in natural sciences. Of utmost importance for such empirical the is research availability of long-term statistics and micro- data. Based on recognition, this division research this manages for Research Information the Centre IER’s and Statistics of Social Science, a facility open both to the Japanese and international communities. research It estimates and publishes long-term economic statistics on Japan and Asia, industrial and regional statistics, productivity statistics, and other data, while also making progress on easy micro data of government to access statistics in partnership airs with the Statistics of Bureau the Ministry of Aff Internal and Communications. It also advances such areas in research as applied econometrics, economic statistical theory, and quantitative economic history. Research Division of Comparative and World Economics and Japan provide valuable suggestions for developing economies and emerging markets, while the analysis of developing economies and emerging markets in turn helps understand the historical processes of developed countries. perspective, this From division research this
4 Publications and Other 13 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 14 As of October 2016 E ARIMOTO, Yutaka ARIMOTO, Associate Professor / Research Division of Comparative and World Economics Agricultural trading1. in Madagascar and modern Japan cking in Thailand and Cambodia Human2. traffi Governance3. of fake/low-quality fertilizers in modern Japan Institutional4. evolution of standards for rice in modern Japan reallocation Farmland 5. and consolidation in Japan Kyoji FUKAO, Professor / Research Division of Economic Measurement and Statistics Service1. sector productivity in Japan: Determinants and policies (SSPJ) lost decades Japan’s 2. Japan3. industrial productivity database (JIP database) Regional-level4. Japan industrial productivity database) database (R-JIP Asian KLEMS5. database 6. Economic history of Japan Global economic history7. 8. Asia historical statistics Jun GOTO, Assistant Professor Research Division of Comparative and World Economics The role of social1. norms and social preferences for economic development nance The2. mechanisms of poverty reduction through microfi The3. evolution of institutions for common pool management resource ABE, Naohito Professor / Research Division of Economic Institutionsand Policy Structural estimation1. of household decision model based on various micro data Investigation2. of price dynamics based on large scale point of sales data Empirical3. analysis of product pricing decision N R Research Interests F F analysis ---New informational basis of welfare Economics--- erences and public reciprocity of diff systems in the emerging market economies Eastern Europe and the former Soviet Union 2. Methodological2. re-examination of normative economics Rawls andSen through Arrow, Reconstruction3. of welfare state based on the conceptions of substantive freedom, equality MasazumiHATTORI, Professor Industry-University-Government Collaboration / Research Division of Frontier Sciences in Economics ation expectations in Japan Empirical analysis ofevolution 1. of infl ation gauge for Japan Construction2. of underlying infl Investigation3. on interest parity covered deviations Empirical4. analysis of global spillovers of volatility risk premiums nancial conditions and domestic Empirical5. analysis of interaction banking between global fi Tokuo IWAISAKO, Professor Research Division of Economic Institutions and Policy Analysis of cross-section1. of stock returns Dynamics2. trade of Japan’s and current account rms Saving3. and portfolio households/fi choice of Japan’s IchiroIWASAKI, Professor Research Division of Comparative and World Economics Empirical analysis of the1. impacts on of crisis European post-communist emerging markets review Systematic 2. and meta-analysis of the 25-year history of economic transformation in Empirical3. institutional analysis of the corporate Russian system GOTOH, Reiko GOTOH, Professor Research Division of Theories in Economics and Statistics Operational formulation1. of capability approach through factor-relational and structural JINNAI, Ryo AssociateProfessor Research Division of Theories in Economics and Statistics Financial shocks1. and slow recoveries after the Recession Great Liquidity2. and asset prices Research3. and development and productivity Bubbles4. and hysteresis
4 Publications and Other 15 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 16 pension, employment, health, marriage, and opinion survey ation-linked bonds, evaluations of income, consumption and inheritance taxes, of infl impact of cryptocurrencies on monetary policy agriculturalhouseholds industrialization KANEKO, Yoshihiro KANEKO, Professor Industry-University-Government Collaboration / Research Division of Frontier Sciences in Economics ects of social security Empirical analysis system ofthe 1. economic and social eff policies nancing and income distribution International2. comparative studies of social security fi Economic3. analysis of the welfare for measures the people with disabilities Yukinobu KITAMURA, Director / Professor Research Division of Economic Measurement and Statistics publicrm behavior, cial micro data analysis of consumption, fi Microeconometrics:1. offi scal policy: construction Monetary2. of an individual price consumer index, and fi evaluation nancial institutions, and Economic3. history:money, history of interest rates, public bonds, fi KAMBAYASHI, Ryo KAMBAYASHI, Professor Research Division of Economic Institutions and Policy The and 2000s transition during Employment 1990s 1. of System' 'Japanese ciency in Japanese of matching employment agencies Empirics2. on the effi KUMO, KazuhiroKUMO, Professor Research Division of Comparative and World Economics Population studies and for1. Russia the Soviet Union nance Regions2. and in Russia regional fi Statistical3. studies of labor and industrial force location patterns in early Soviet ects on the Russian/former Globalization Soviet4. Union economies and its eff KUROSAKI,Takashi Professor Research Division of Comparative and World Economics Microeconomic and microeconometric analysis of economic development Poverty, vulnerability, and1. human capital in South and Southeast Asia Credit2. market, communities, and economic development in South Asia Long-term3. growth process of agriculture in South Asia Turkey childhood and school age for child welfare using contemporary and historical data in Japan, the U.S., and other countries Japan and their determinants from comparative and historical perspectives implications for economic growth comparing by century Japan andthe in China 19th research betweenresearch and China Japan Saharan Africa African countries 3. Consumption behavior3. of farm households during the interwar period in Japan MIMURA, Kunio Assistant Professor Industry-University-Government Collaboration / Research Division of Frontier Sciences in Economics Empirical analysis on action1. determinants in child-rearing and education early in children’s ects of work on health status of the elderly Empirical2. analysis on the eff Empirical3. analysis on educational aspiration in junior high school students MORIGUCHI, Chiaki Professor Research Division of Comparative and World Economics The economic1. analysis of child adoption: understanding child adoption and its implications Economic2. inequality in Japan: the evolution of income inequality and wage disparity in scal capacity Comparative3. and historical its analysis of Japan exploring and China: states’ fi MARU, Takeshi MARU, Assistant Professor Research Division of Economic Measurement and Statistics ects of rural development projects on female labor Eff participation1. rural in society Turkey in ux on female labor participationects in agricultural of refugees Syrian labor market in infl Eff 2. 3. Empirical3. analysis on economic system transition and labor market segmentation in China MASUDA, Kazuya Assistant Professor Research Division of Comparative and World Economics The economic1. analysis of fee-free secondary education policy in Sub-Saharan Africa Early2. childhood malnutrition, micro-nutrient supplementation, and humancapital in Sub- system Tracking 3. and learning outcome among primary school students in Philippines Hospital4. construction, utilization, and health improvement in Sub-Saharan Africa Female post-primary5. education, teenage pregnancy, and labor participation force West in MA,Xinxin AssociateProfessor Research Division of Comparative and World Economics Empirical analysis on economic1. system transition and income inequality in China ect Social2. in population security aging society: system reform Comparison and its eff
4 Publications and Other 17 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 18 process of development imported from Western countries model OSHIO, Takashi OSHIO, Professor Research Division of Economic Institutions and Policy Socioeconomic1. determinants of health and subjective well-being Poverty,2. income inequality, and redistribution policies The3. impact of social security programs on labor supply of the elderly Saumik PAUL, AssociateProfessor Research Division of Comparative and World Economics Inequality1. and structural transformation Agrarian2. reforms and economic history of India ects of migration General3. equilibrium eff Masahiro SATO, Professor Research Division of Economic Measurement and Statistics History of statistical1. survey systems in Japan, Britain and the former colonies of Japan: The Social2. history of modern Japan: Focusing on the popular perception of institutions KiyomiSHIRAKAWA, AssociateProfessor Research Division of Economic Measurement and Statistics a synthetic Creating microdata 1. based on the descriptive statistics Empirical2. Analysis for sensitivity creating rules cation analysis for an creating anonymized microdata based on the graphical Multi-Stratifi 3. Empirical4. analysis of urbanization in the least developed country Visualization5. of large-scale sparse matrix OKABE, Tomohito Assistant Professor Research Division of Economic Institutions and Policy Fiscal policy1. analysis with politico-economic models Econometric2. analysis of political economy innovation using large-scale point-of-sale data. (POS) distribution companies in order reproduce to the statistical properties of the actual data by simulation. model incorporates that R&D capital stocks and applying estimation methods for R&D investment and capital stock in line with the 2008 statistical SNA standards. performance-based rms pay systems in Japanese and North American sales auto fi rms case using studies and questionnaire comparing Japanese, and Korean Chinese fi survey methods performanceand team USUI, Emiko USUI, AssociateProfessor Research Division of Economic Institutions and Policy Fertility, child-rearing,1. and female employment in Japan Health2. and economic status of the elderly in Japan Employer3. learning on workers’ productivity Racial4. wage gap in the United States Population surveys5. in Japan 2. Constructing2. structural models explain to price setting, sales, discount and procurement of Evaluating3. science and technology policy in Japan using a dynamic general equilibrium Tsuyoshi TSURU, Professor Research Division of Theories in Economics and Statistics rm mechanisms: incentive a comparative quantitative analysis of Analysis of intrafi 1. Analysis2. of product development and human management resource in East Asia: Investigating3. the impact of communication patterns among engineers regarding individual UESUGI, Iichiro Professor Research Division of Economic Institutions and Policy Financial intermediation and banking1. Evaluation2. of government intervention in the credit market Real estate3. market and interaction with economic activities rm networks Propagation4. of shocks through interfi Takashi UNAYAMA, AssociateProfessor Research Division of Economic Measurement and Statistics Impacts1. of household asset portfolio on consumption ectiveness of pro-natal policies Japanin Eff 2. Property3. of Japanese household surveys TONOGI, Akiyuki TONOGI, Adjunct Assistant Professor Research Division of Frontier Sciences in Economic Examining changes1. in price and sales volume, old and new product models, and product
4 Publications and Other 19 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 20 management such as volatility forecasting, option pricing, value-at-risk and expected shortfall and Markov switchingparameter models VAR MCMC using 2. Bayesian2. analysis of macroeconometric time models varying such as DSGE, DSGE-VAR, WATANABE, Toshiaki WATANABE, Professor Research Division of Theories in Economics and Statistics nancial volatility high-frequency using data with Estimation its application of fi 1. risk to E As part of its expansion and reorganization in 2002, the its continuing same is At services the time, RCISSS gained has The wide RCISSS praise for its activities with The reason for the Statistical Activities award was as 132 non-University members.132 The number of times the The number of interlibrary used were materials was 4,137. photocopy requests the by accepted library was 325. took on a newthe role RCISSS as the institution in charge of making government microdata available researchers. to After expansion and reorganization, it initially functioned as a service for the provision center of government microdata made available researchers to on a trial basis. Then, in 2009, it shifted from providing data on a trial functioning basis to as a service for the provision center of anonymous data. For further Assessment details on point, this please “4. refer to er statistical microdata collected the by of the trial off to Japanese government” Cooperation and “5. agreement In addition,with using such the National Statistics Center.” started has data, the RCISSS compileto and publicly make available original aggregative of data a high is level that of academic interest but not has that been constructed the by Statistics Bureau. With activities research regard to using government statistical microdata, please Section refer to 4.2, “Microdata Analysis.” for researchers with historical regard to and macroeconomic volumesdata. of The the highly data regarded of all 14 Economic Statistics can all be accessedLong-Term from the With website. work regard to on the collationCentre’s and cataloguing of Japanese historical in Japan material such as Business Records and Town/VillageFamily Economic Level Performance, please of report. page this refer to 33 Finally, a major new task the of is compilation the Centre of a database from farm accounts and family budget surveys in pre-WWII Japan. er statistical microdata Assessment4. of the trial off to collected the by Japanese government theregard trial to system statistical make to microdata collected the by Japanese government available for academic research. As such, it received an honorable mention for statistical activities from the Japan Statistical Association in 2006 and won the Annual Prize for Statistical Activities awarded the by Japan Statistical Society in September2007. the standardfollows:“Although of statistical surveysJapan in The compilation and management of materials The for Research Information Centre and Statistics At present, there are fi ve full-time academic staff attached full-timeve academic staff present,At there fi are R C I S S S S S I C R to the RCISSS conducting research. Refl ecting the division of conducting the RCISSS to research. Refl majorve departments research well (as the Institute itself fi into as a department the for visiting research and other researchers), correspondingve activities organized are fi of the into RCISSS play an integral of role the RCISSS units, and the academic staff in large-scale projects research currently being undertaken employs theby Institute. moreover, four The full-time RCISSS, who as well as a large number of part-time staff support staff provide a variety of support services for the activities research lling its objective of providing of the Institute. In addition fulfi to statistical and other information researchers to nationwide, also providesthe Centre vital support research the Institute to collectingby and supplying the academic Institute’s staff with necessary materials for their research. With the Institute currently engaged in a number of large-scale projects research the involve that compilation of various statistical and materials the construction of major databases, the importance of this support function rapidly is increasing. 3. Current activities3. focusing on the Japanese economy and social sciences thestatistics holdings of ongoing, are and, as of FY2015, volumes as well as 163 the library amounted 199,670 to subscribed journals. These catalogued are materials using retrieval system basedan OPAC on the National Institute of Informatics cataloguing system Books) (CiNii and are available researchers to nationwide for reference and the library had 734photocopying. users including In FY2015, 1. Objective1. of attached Social is Science (RCISSS) the Institute to of Economic and Research was (IER) established gather and to manage social sciences-related information and statistics. By making these widely available researchers, to it seeks to the contribute advancement to of thein research humanities and social sciences. Starting out as the Documentation attached for theCentre Japanese Economy, the Institute to of Economic Research, which as a national was set up 1964 in for the humanities center resource and social sciences, it was subsequently expanded and reorganized, becoming the Japanese Economic Statistics and before Information Centre, taking its current name in 2002. The2. and IER the RCISSS
4 Publications and Other 21 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 22 One of the projects engaged is the present in at RCISSS The survey forms detailed contain information on budget surveys in pre-WWII Japan No. 1 at theNo. 1 at Kodaira International Campus of Hitotsubashi cation as an on-site facilityUniversity from obtained certifi This on-sitethe facility Statistics Center. high a has level of information security protect in place to information leakage. This enables detailed analyses using survey response information cannot that be analyzed as anonymous data. This facility open is not only those to within the University, but outside also to researchers and others. 6.Compilation of a database from farm and account family theis compilation of a database from farm accounts and family budget surveys in pre-WWII Japan. Although an enormous collection of completed survey forms available is hardly beenUniversity, these so far, used have, as Kyoto at statistical microdata. put has reason, For this the RCISSS andlm in the is process of building these forms on microfi lm placinga database date, these from on microfi them. To beenhas completed for the period, entire and building the to database now in progress is for the period from 1931 surveys for all prefectures been have As of 2013, March 1941. the database, into entered and correction and compilation now begun.have Entry the database into planned is for the remaining period. individual agricultural households’ farming activities as well as their consumption, assets, work Once etc. time, it becomes possible use detailed to microdata for the period in which Japan was still a developing the door country, historicalto and empirical economic on research Japan’s development will open. end this our continue we that to It is orts compile database. to this eff One of came the host reasons the to RCISSS the trial, In conjunction with the of the enforcement new Statistics which received such great acclaim, is that the RCISSS has has which received the that is acclaim, RCISSS such great been continuously involved in large-scale collaborative projectsresearch government using statistical microdata. One example a ground-breaking is large-scale project c Researchon Priority funded a Grant-in-Aid by for Scientifi whichAreas obtained approval for other the than the “use ve originaldesignated intent” statistics of 33 collected fi by governmenterent ministries. diff 5. Cooperation agreement with the National Statistics Center Law in April anonymous 2009, data (i.e., post-anonymization of the above-mentioned specimen was formally data) provided each by government ministry. Therefore, in March concluded the RCISSS 2009, a cooperation agreement with the National the (hereafter, Statistics Statistics Center act to as the serviceCenter) for the Statistics center Bureau airs and Communications. The of the Ministry of Aff Internal beganRCISSS providing service this institution as a satellite twoof the in June Moreover, Statistics full-time 2009. Center instructors been have from accepted the Statistics Center in a personnel Project Room exchange. In December 2010, reaches an international level, the use of microdata lags behind in Europe and that the The United States. activities prizeof year’s this winner expand greatly the opportunities for the use of government statistical microdata, which hitherto faced limitations, many for empirical in the research form of anonymous sample data. therefore It is appropriate commendto contribution, this which provides the basis for raising empirical statistical in Japan research an to international level and play a large will role to continue even after therevision of the Statistics Law 2007.” in May E At the sameAt consider continuity CEI at we time, in
4 Publications and Other 23 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 24 Harvard University Nihon University Economies of Developing Institute Organi Trade External apan ation Bank World International Rice Research Institute Others Keio University Keio Kyoto University Kyoto University The Chinese University of Hong Hong Kong of Chinese University The Seoul University of Groningen University Research Economic for Center apan University of Warwick National University Australia Asian Development Bank SOAS University of Tokyo University Waseda CEI aspires to be aspires to CEI an international hub for into research the networking research From CEI point of view, occasionallyWe hold international conferences co- Speaking about databases, wide has CEI trust and macro data under the framework of national accounting, Historical Statisticalsuch as the Database. Asia Long-Term International3. networks economic institutions. research CEI's dispatching are We results through publishing books, discussion papers, and papers,research building worldwide researching networks, and establishing original database of the enterprises in Japan and Asia. holds regular seminars, research inviting domestic and international scholars present to their research. recent held we 2016, to scal 2012 year During the period from fi seminars with 93 over vivid and productive discussions. In the same time period, invited we 23 scholars in total, from Indian University Statisticalthe Institute New York (USA), Valery Paul Institute University(India), for East (France), and Southeast Studies National European (Germany),and University of Kyiv-Mohyla as our Academy visiting (Ukraine), faculty members. organized with domestic and international research nameinstitutions. some of the international conferences To Knowledge would note be,to "Advancing in Developing Economics and Development Economics in Conference" co-hosted The by School of Oriental and 2011, September, African Studies, University and "Poverty of London (SOAS), Reduction, Institutions, Markets, and Policies Developing in co-hosted the by 2013, in March, Countries Conference" of Japanc Research (S) KAKENHI Grant-in-aid for Scientifi Society for the Promotion of Science. These conferences received high interests from researchers many active in front both line, making nationally and a huge internationally, ering productive discussions a at impact of attendance, off higher level. ering Large Shareholder/Board Members reliability in off which of the Listed Companies in Japan Database 2012, detailedcontains information on corporate governance structure The East in Japan Asian the since 1950s. Listed also available is on our Companies (EALC) Database 2010 rms in Japan, and China which targetswebsite, all listed fi nancial sector). It includes South the (excluding fi Korea data necessary factor total measure to productivity the at company level. aculty CEI aculty isiting aculty aculty Associate Research Network Research Affiliated and and Ad Affiliated unct Head IER IER aculty Meeting CEI Research Director CEI Research CEI Steering Committee CEI Steering IER Administration Office Administration IER Institutions Economic Research and and Research Economic the Center for Economic Economic for the Center Director of ofthe Director Institute Organi ation Organization
4 Publications and Other 25 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 26 -- Policy and institutions to: institutions (Sweden) and Welfare abour Cooperation overseaswith research earn from the experience lessonsand of other countries Draw on internationally available expertise Ensure research theof highest global standard Implement oint research and oint surveys Hold international conferences research expenses Share abour I O ISSA Overseas OECD EU ADB ADBI KDI (Korea) (Munich, Germany) World Bank IM (University Turin, of Italy) Research Institutes Research Pacific research institutions Ifo International Institutions International Peking University (China) Brookings Institution Institution (US)Brookings University of University of ondon (UK) University of Michigan (US)University of orsakringskassan European and US Institutions European and US Pension Research Council (US) CeRP Asia National TaiwanUniversity (Taiwan) University of Auckland (New Auckland (New University of ealand) MEA (University Mannheim, of MEA Germany) Training National Institute of Population Population Social of National and Institute Security Research The apan Institute for Institute for Monetary and Economic Studies National University Singapore of (Singapore) Shanghai Academy of Social Sciences (China) − − CPS, University CPS, of new South Wales (Australia) Bank of apan Ministry of inance, Policy Research Institute Research Institute Economy, of Tradeand Industry Economicand Social Research Institute, Cabinet Office Government of apan Ministry Health,of Central Government of Japan and Affiliated Affiliated and Japan of Government Central • • • • • e r o institutions to: institutions C Cooperation with domestic researchdomestic Cooperation with Promote academic research Exchange personnel between government and academia collaboration research Promote between industryacademia and results research Implement research expenses Share Risks Hitotsubashi Statistics aw Statistics Policy University Economics Economics Institutions anguage and Society International Corporate Setup and Operation of the Center for Intergenerational Studies Intergenerational for Center the of Operation and Setup Strategy Hitotsubashi Tokyo oundation Centre for Information and Statistics Center for Economic and Social IER, GraduateSchool of for Economicfor GraduateSchool of Center for Intergenerational Studies The Health Care Science Institute The apan Research Institute, td. GraduateSocialSchool Sciences of Domestic partner research institutions Theories in Economicsand Economic Measurement and Comparative and World Economic Institutions Economic Institutions and Sciences in Economics rontier Research Socialof Science Center Research Domestic Partner Research Institutions School International of and Public Policy GraduateSchool of • • • • • • • • GraduateSchool of Formation of a globally leading research center through partnerships with domestic and overseas research institutions institutions research and overseas domestic with partnerships through center research leading of a globally Formation National Institute for Research Advancement Nationalfor Institute Cooperation corewith member to: Education Research acilities at -- Graduate School Commerceof and Management to connect theoretical quantitativeand research resultspolicy with planningand design to promote theoretical and quantitative needs meets policy research that • • Exchangepersonnel between government and academia Promote research collaboration between government and academia research expenses Share virtuousa orm cycle ofbetween theory policy and Section Analysis E Methodology Maintaining Computer Server of the IER Database of Economic Construction ・ ・ ） IER * To summarize the evaluation the relating impacts to * To SRI-Hitotsubashi purchase consumer indexes, which of Section associated with prices, fi nancial systems, labor markets, associated with prices, fi Thenance. establishment is of the Center and public fi a direct result of previous large-scale projects research conducted the at Global of Excellence Center (G-COE) and nancial networks,the on price IER dynamics, industry and fi and productivity measurement. In addition the above- to mentioned topics, tackling is the Center several new topics such as uncertainties in labor markets and public The secondnance. provide to Center's is mission practical, fi real-world training, transcending traditional academic young to researchers.study, plan collaborate to with We several governmental ministries, companies, research and er t organizations conduct to joint and research off nonprofi opportunities young to researchers for on-the-job training. Drawing on the results of empirical studies, derive aim we to useful policy implications regarding potential future risks to the Japanese economy. issues. of various risks brought about aging by and erosion of the population, then and to examine how these results relate and turn how to these policies. ideas into SRI-Hitotsubashi5. consumer purchase indexes of the(Features indexes) beenhave developed as a collaborative project among The for Economic Research and Center Social Risks, New Supermarket Association HOLDINGS of Japan, and INTAGE The projectInc., been have open the public to 2014. since Research Director Policy Analysis （Director Director Resource MechanismAllocationResource the after Mechanism of Monetary Policy Propagation ・ Rate Tax Consumption the in Revision ・ through Inter through Section Household in Mechanism Analysis Prices Risks of Bank Relationship Bank Economic Estimation Shock Propagation Relationship between Real Estate Market and Market Estate Real between Relationship apanese Industrial Productivity Measurement, ・ Consumption and ・ irms, irm ・ Economy Real ・ and Statistics Economic Term ong * To quantitatively the evaluate risks* To relating to establish the data integrating by archive * To the home While establishing a data can that archive analyze the In May 2014, the Institute of Economic Research at 2014, In May The primary Center's conduct to mission is research R C E S R S E C R macroeconomics in Japan using the SRI-Hitotsubashi purchaseconsumer indexes and making proposals relating the macroto monetary policy. scanner data, government statistics, and our questionnaire then and to studysurvey, how households correspond risks ation, and employment such as variability of income, infl 4. Research4. plan impact of the unexpected quantitatively crisis and promptly, the following have we aims: 3. Research3. Section 1. Establishment1. of RCESR Hitotsubashi University established new a organization, the for EconomicResearch and Center Social The Risks (RCESR). focus to on is risksremit of the center and examine their impact on the economy with the approval of the Ministry of Education, Sports Culture, Science and Technology ofthe Japanese government. As prescribed in the Hitotsubashi University Basic Regulation, the is this fourth formal research the at Institutecenter of Economic Research. The current director of the Professor RCESR is Yukinobu Kitamura, and the director research Professor is Naohito Abe. Objective2. on risks facing the Japanese including risks economy,
4 Publications and Other 27 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 28 Effect ( ) Price Index ( ) Index Sales ( ) Index uantity ( ) Unit alue Price ( ) Product Turnover GMS Supermarket Products Store Products Other Store Types Store Other Convenience Store Convenience Total Health and Pharmaceutical Health and Pharmaceutical Indexes by Store Types Store by Indexes * The indexes calculated are based on the transaction * The data opens rapidly on the updated It is web. based it is * Since on the transaction data of individual In SRI-Hitotsubashi purchase consumer indexes, we published have we the “Unit Value 2015, 28, May Since data of millions of kinds of goods on thousands of diff erent data of millions of kinds of goods on thousands of diff kinds of store categories, stores, such as convenience supermarkets, drug stores, and large retail stores; therefore the indexes highly are statistics accurate for ensuring regional representation. weekly with about two week time lag. products, the data includes not only sales but also price and quantity information for new goods and disappeared products. (Kinds of indexes) downbreak changes expenditures in consumer price, into ect of product which shown are in turnover, andquantity, eff the Expenditure “Consumer-purchase Index.” The purpose see to here is the change the in price of purchases, consumer which shown is the in Index,” Price “Consumer-purchase in order see to the change in the quantity of consumer purchases in the Quantity “Consumer-purchase Index.” ects of product turnover in This enables witnessing the eff purchases,consumer which shown are in the “Consumer- ect Index.” purchase Turnover-eff The IndexPrice indexes (Preliminary).” capture the impact of capacity changes and the replacement of new and old ation. products on price infl aims to grasp the to aims reality ofthe purchasing behavior of households the using indexes. The indexesthe have following three features: E Following the are major projects and past) (current of Population Dynamics Microeconometric1. in Russia: Socio-Economic2. Analysis of and the Crisis European Theproject conducts anempirical study onthe potential Japan and sponsorship from private funds. The research 2008from to 2007 focused policy on Russia's regarding its automobile industry. Itinvolved understanding the medium-term economic policies and government economic forecasts, interviewing people from and experts on the government,Russian and conducting an extensive study of the relevant documents. started we 2009, Since expanding the scope of our and research planned the investigate to framework for implementing industrial(1) policies used theby federal government, including the legal system, relationship between(2) policies and business under the governmentPutin administration, policy (3) regarding the developmentpopulation of company and labor (4) force, andlaw corporate governance system, issues and (5) regarding the globalization including economy, of Russian the macroeconomic impact of the world oil market and the nancial crisis. politico-fi recent Research3. Activities RRC: c Research A, 2014-2017). Approach for (Grant-in-Aid Scientifi See Section 2 of bulletin this for more details. Emerging Markets: An Interdisciplinary International Project (Suntory Foundation, 2015-2017) impact of the global recent politico-economic crises, which the Eurozone (b) Lehman Shock the US (2008), include: (a) The the Ukrainian and (c) (2014). crisis sovereign (2009), crisis project studies the impact of the crises on post-communist emerging markets in Central and Eastern and Europe (CEE) the former conducting by Soviet Union (FSU) an international comparative economies analysis of the and CEE FSU and country-based case studies on Czech Republic, Hungary, Poland, and the Federation. Russian This a joint research is project with the Vienna Institute for International Economic withliated the Research Russian which affi is Studies (wiiw), Center. I N The (RRC) Research Russian Center was established The current administration of RRC organized is as follows: R R R C 1. Purpose 1. liation with theInstitute of in affi 2007 on November 1, Economic Research Hitotsubashi at University when the university became a National University Corporation. It was triggered from commission a research by the Toyota ortsMotor Corporation was that part of the university’s eff promote collaborationto between academia and industry. the theSince end institute of the Second has World War, been in Japan the for on research main center socialist planned widely It is economy. recognized as a leader of eld of theoretical and activities research Japan's in the fi empirical studies on the transition process of the former communist economic systems, which started with the fall Therefore, the studies research of the Berlin in 1989. Wall focus on the present Federation Russian used that be to the of thecore Soviet Union. By leveraging on the accumulated knowledge and extensivenetwork of researchers and academic organizations research worldwide, (1) RRC to aims thecontribute development to of on research the Russian economy the at build institute strong and (2) collaborative relationships between the institute and industry by providing academic support Japanese to companies that establishedhave or plan establish to a foothold Russia. in The2. Institute and RRC the Director of the Institute acts as the Director of RRC, two professors from the Research Division of Comparative members, and World Economics work staff as research and associate a research supports the activities of RRC. Other researchers and academics work RRC at as research RRCcollaborators. conducting is Currently, several research projects on the society Russian and economy based on the of the Ministrygrant-in-aid(s) of Education and Science of
4 Publications and Other 29 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 30 Comparative Economic Studies, Economic 6. Research on the Prospects Future (Joint of Russia This joint project research used scenario analysis to Market and Environment Government-Business 7. 8. Economic De Zone and Facto Industrial Policy of Policy for the Russia’s Automobile Industry9. (Research In addition these to projects, RRC regularly organizes of interdisciplinarythis study establish was to the foundation for microeconometric analysis of household behavior in transition economies of countries such as Russia. projectresearch with the Society Laboratory, and Frontier 2009) & NissanNissan Motor Company, Research Center study the economic Russian growth, industrial conditions, and the role of the More automobile business in 2020. the the situation project ofcally, the examined (1) specifi future industrial economyRussian Russia’s and industry, (2) structure and scenario for economic the risks growth, (3) associated with these investment (the issues environment and prospects infrastructure), (4) for the market, Russian and the development(5) of the automobile industry. Relationship (Project in Russia selected the by university, 2008-2009) the Commonwealth (Research of Independent (CIS) States Motor Corporation,commissioned 2008) Toyota by Motor Corporation,commissioned 2007) Toyota by seminarsresearch and promotes communication between the industry and academics worldwide specialize (who the working Moreover, in the economy). papers Russian and other researchers on topics associated staff of RRC’s with the economy been Russian have published (ISSN nos. and (Issue available are website on RRC’s 1883-1656) RRC1-64 staff and two special of issues December 2016). members also publish a large number of books and journal articles Japanese, English, in and languages. Russian Their worksrecent appeared have in the following international refereed journals: Change and Restructuring, Economics Letters, Europe- Asia Studies, European Journal of Political Economy, Journal of Comparative Economics, Journal of Economic Surveys, Post-Communist Economies, Transition Studies Review, and World Development. 5. Determinants5. of Childbirth Micro Data in Russia: This project investigated the decision-making of 4. Toward Comparative Transition Economics: Comparative A Meta- Transition Toward 4. This project aimed develop to the in research 3. Economic3. Integration and RegionalDevelopment ects of This project research examined the eff Approach (Grant-in-Aid for Scientifi c Research 2011-2013) B, Approach for (Grant-in-Aid Scientifi females on childbirth combining by in Russia studies of labordemography, economics, and sociology. micro Using survey data from the Longitudinal Russia Monitoring ects of gender division Survey examined we (RLMS), the eff of labor households, in childbearing assistance systems, nancial conditions labor market situations, and household fi on the decision children. have Thus, to examined we the relationship between female behavior and the economic, social, and demographic aspects of the household. The aim Analysis of the 20-Year History of Post-CommunistAnalysis of the Transition 20-Year c Research A, a Market for (Grant-in-Aid Scientifi Economy to 2011-2014) comparative transition economics in Japan through a meta- analysis of the years of 20 the systemic transformation markettoward economies states. and More in CEE FSU conducted we cally, a comprehensive study of the specifi literature on transition economies publishedduring the past two decades and reexamined the relationship between the theoretical implications and empirical evidence. Thus, we focused on the most controversies, including intense the choice of transition strategies, the social impact of economic transformation, integration the and world into economy, enterprise restructuring. In addition, conducted we original empirical work on unexplored using unique issues datasets of transition economies complement to earlier literature in eld. fi research this in North East Asia:Evaluating the impact WTO of Russia’s (HeiwaAccession Nakajima Foundation, 2014-2015) international economic relations on the countries of Northeast Asia. Due the increased to connection between trade and direct investment, the interdependence between the economies In of these countries grow. continues to particular, the regional economic relations expected were to become strongerthe WTOto accession after 2012. in Russia’s The two questions given below crucial were predicting in What positionthe future would each regional economy: (1) country occupy in the Northeast Asian regional economic ect How would trade (2) system? and direct investment aff the countries of Northeast The purpose Asia? of the study address these questions conducting by (1) was to an analysis of regional-level panel data and company-level microdata devise comprehensiveand (2) and evidence-based policy recommendations. E the Center aims for aims a synthesisthe Center between basic theoretical andresearch applied empirical research. elds with similar fi erent organizationsresearch in diff elds include, for interests.research These fi research example, political legal philosophy, studies, civil engineering, health economics and ethics, social security, and social welfare. organizationsresearch with interests. research similar It can encourage, for example, collaboration between groupsresearch developing multidimensional poverty Oxfordindices (at University), the ‘Beyond GDP’ indices (at University),Princeton and the Japanese network research for the capability approach. of theories and ideas welfare in economics, dating back the earlyto of days the New Welfare Economics. We expect collaboration Amartya with Kenneth Arrow, Sen, Allan Gibbard, Hammond, Peter and other distinguished scholars. proposesInstitute, the Center review to the birth of welfare economics before the Second and its World War subsequent development and characterize its history in oflight the evolution of the existing welfare state system. comprehensive on research new theories and methods in normative economics, including, for example, the capability approach and studies in rules for fair distribution and expanded notions of rationality. 3. With respect for the cooperative eff orts mentioned With3. above, respect for the cooperative eff The seeks4. Center develop to closer tieswith domestic The seeks5. Center develop to closer ties with overseas 6. The proposes Centre outline to a contemporary history With extensive available materials archive the at 7. 8. conduct The plans to Center fundamental and The for Normative Research Center Economics was Economics long has been established as a positive The Director of the Institute of Economic Research facilitates: (a) collaborationfacilitates: between (a) normative economic analyses and positive economic analyses and (b) cooperation among economics, political philosophy, ethics, and legal studies. erent cooperation among researchers working on diff subjects in public policy (laws, rules, and institutions). The subjects include, for example, medical care, c ts, disability policy, nursing traffi care, welfare benefi and transportation, information, knowledge, and communication. The also promotes the integration Center of on research these subjects with more traditional themes such as inequality, poverty exploitation. and/or R C N E E N C R established in June, 2014. Its aim, members,established agendas, and 2014. in June, projectsresearch as follows. are AIM it should not bescience. However, restricted from tackling normative as long issues as it addresses a wide range of social problems. The for Normative Research Center academicerent Economics promotes dialogue among diff disciplines with respect tackling to normative in issues economics and it also fosters historical, methodological, empirical, and philosophical explorations normative in economic theory. Members serves as the Members director include, of the Center. among others, Professors Reiko Gotoh, Ryo Naoki Yoshihara, Kambayashi, Chiaki Moriguchi, Yukinobu Kitamura, Koichi (Faculty external of as well as many Economics) Tadenuma committee members including Suzumura Kotaro (emeritus professor and Japan Academy). Agendas In the of basic area theoretical1. the research, Center In applied2. empirical promotes the research, Center
4 Publications and Other 31 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 32 , P. Gibbard Research Research economic normative normative Hammond, T. Hammond, T. A. Atkinson, etc. Atkinson, Sen, K. Arrow, Arrow, K. Sen, partnership in in partnership theory with A. Study of of Study Economic Inequality Capability Association Society for the for Society Society for the for Society Welfare, Human Welfare, Social Choice and and Choice Social Development and and Development (Princeton (Princeton University) index team team index ‘Beyond GDP’ ‘Beyond Hitotsubashi ‘Multidimensional (Oxford University) (Oxford Poverty Index’ team team Index’ Poverty University Exploration of the Possibility of Nonwelfaristic Formulation Joint Research Project organized Hiroyuki by (2014. Yoshida) Joint Research Economics and Public Philosophy (2013. Project organized Norihito by Sakamoto) 3. Normative3. Analysis Re-examination of ‘Welfarism’: and Comparative4. Analysis of Distributive Justice: Welfare Institute of Economic of Economic Institute normative Economics, normative Research, Research, The Research Center for for Center The Research welfare disability, disability, Health andHealth analysis nursing care, care, nursing economic Normative Normative research research Applied policy policy Applied Basic theoretical theoretical Basic studies Political Political poverty, poverty, analysis Empirical economic Inequality, Inequality, philosophy, philosophy, knowledge, knowledge, ethics, legal ethics, legal exploitation Transportation, Transportation, communication Research Projects Program for JSPS positional Capability Index (2014‒2017, Advancing Strategic International Networks Accelerate to Researchers) the Circulation of Talented for individuals using the Capability approach (2014‒2017, c Research A) Grant-in-Aid for Scientifi JSPS International Collaboration for1. Formulating Trans- Developing2. multidimensional indices of opportunity sets Research groups and organizations Hosted by Hitotsubashi University September 1 - 3, 2016, Tokyo, Japan Capability and Diversity in a Global Society 2016 HDCA Annual Conference The following representative small a are selection of nancial year. conferences held in the past fi
2016 HDCA Annual Conference Hitotsubashi University September 1-3, 2016 September 1-3, Kunitachi CampusHitotsubashi Univ. 6 plenary Rima Khalaf Martha (United sessions: Nations ESCWA), Ravi Kanbur Univ.), (Cornell of Oxford), Suzumura Alkire Kotaro (Univ. of Chicago), (Hitotsubashi Univ.),Sabina Nussbaum (Univ. Amartya of York), ar Qizilbash (Univ. Sen (Harvard Univ.), Mozaff ofEnrica Pavia), Chiappero (Univ. participants CollegeMichael more than 320 Marmot London), (Univ. from about countries. 50 Jay Sabina Alkire (Oxford HitotsubashiProgram Univ.), Univ.), Committee: Reiko Gotoh (Chair, Sakiko Fukuda-ParrDrydyk Zina Nimeh (Maastricht (New School, Univ.), New (Carleton York Univ.), of Lomas de Sridhar Zamora), VenkatapuramCity), (National College Graciela Univ. (King's Tonon (Hitotsubashi Naoki Univ.) Yoshihara Univ.), (Georgia State Xu Yongsheng London), Ryo Reiko Gotoh | General Chair, (Hitotsubashi Univ.): Local Organizing Committee and Staff Kambayashi Hiroyuki | Local Kuribayashi Manager, | Conference Chair, Secretariat: Akiko (chief) Ito and others © studio 燦 / ユウタ The institute frequently hosts or co-hosts major 2016 H CA A C 2016 C S V H CA A 2016 C O C I C I conferences as part of its collaborative projects. research
4 Publications and Other 33 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 34 August 5-6, 2016 Sano-ShoinHitotsubashi Univ., Hall Kim Jinill Univ.), (Korea of Tokyo), Mototsugu(Univ. Shintani Kano (Hitotsubashi Univ.), Takashi Naoko Hara (Hitotsubashi Univ.), (Hitotsubashi Univ.), Yamamoto Yohei of Sydney), (Univ. Eo Yunjong Gianni Amisano (Board of Watanabe (Hitotsubashi Univ.), Toshiaki (Hitotsubashi Shioji Etsuro Univ.), Governors of the Federal Pablo A. Morita Reserve Hiroshi Guerron-Quintana (Hosei Univ.), System), (Federal Reserve Bank Kuo-Hsuan of Philadelphia / Boston Ryo Jinnai College), (Hitotsubashi Univ.), Gemma (Hitotsubashi Yasufumi Univ.) Univ.), (FengChin Chia Watanabe (Hitotsubashi Univ.) Toshiaki August 4-5, 2016 August 4-5, Sano-ShoinHitotsubashi Institute Univ., Hall, of Economic Research, Hitotsubashi Univ. Michihito Ando (National Institute Fukao (Hitotsubashi Univ.), Kyoji Univ.), Inui (Gakushuin Tomohiko of Population and Social Security Andrew Daiji Kawaguchi Johnson (Univ. Research), (Texas A&M Univ.), Kohei Kawaguchi Miyagawa Univ.), (Gakushuin Tsutomu Hyunbae (Sogang Chun Univ.), of Tokyo), Ho Mun-Sing Univ.), (Toyo Miho Takizawa Naohito Abe (Hitotsubashi Univ.), (Hitotsubashi Univ.), Hak Liang (National Central Univ.), Chi-Yuan Harry(Beijing, Harvard (Hitotsubashi Univ.), Wu Univ.), Deb K. Keun-Hee Univ.), Pyo (Seoul (Shinshu Rhee National Labor Univ.), (Korea Joji Tokui Institute), Rosmiza Rosly Masayuki (MPC), (Delhi Das Univ.), MorikawaKusum (RIETI), Nakajima Kentaro (Tohoku Katherine Keenan (TheUniv.), Ilya (National Australian Research B. Voskoboynikov of Statistics), Bureau Higher SchoolUniv. of Economics, Surapol Moscow), Srihuang (National Economic and Social Development Caesar Board), Maman Setiawan (Virginia Cororaton (Padjadjaran Univ.), Polytechnic Statistical Maung Abid Organization), (Central Wah A. Wah Burki and Institute Univ.), and State Mushtaq A. Hyunbae Khan Mun Ho of (Harvard Management (Lahore Chun Sciences), Univ. Univ.), Hee Keun Rhee Labor (Korea (Sogang Univ.), Institute) Fukao (Hitotsubashi Univ.) Kyoji August 2-3, 2016 August 2-3, Sano-ShoinHitotsubashi Univ., Hall Mano Sonobe (Hitotsubashi Yukichi Univ.),Yuki (GRIPS), Tetsushi Nicholas Bloom Univ.), (Stanford of Shizuoka), Kazuya Sonobe Go Shimada (Univ. (GRIPS), MasudaHiguchi Tetsushi (Nagoya City Univ.), Masamitsu Kurata Arimoto (Hitotsubashi Yutaka Univ.), of Tokyo), Suzuki Aya (Univ. (Hitotsubashi Univ.), Hironori Ishizaki Kurosaki Jun (Hitotsubashi Goto (Rebright Univ.), Partners), Takashi (Sophia Univ.), Kuroishi Yusuke of Tokyo), (Univ. Tsuda Shunsuke of Tokyo), Sawada Yasuyuki (Univ. (Hitotsubashi Univ.), Rinchan Ali Mirza of Oxford/Univ. Saumik (Hitotsubashi Paul Univ.), (Univ. of Namur, of Tokyo), (Univ. of Katsuo of Copenhagen), Pablo Kogure (Univ. Selaya (Univ. Masahiro Univ.), Shoji(Seijo Belgium), Kudo (IDE-JETRO) Yuya of Tokyo), (Univ. Takasaki Yoshito MasahiroOsaka), Kubo (Hitotsubashi Univ.), Kurosaki (Hitotsubashi Univ.) Takashi V O T 2 H S I M E T 2 H S I T E S M M V O T 2 H S I E V O E A A UniversityKyushu Academia Sinica Aarhus University & CREATES Musashino University Osaka University The Johns Hopkins Carey Business School Hitotsubashi University (Professor Emeritus) Kochi University of Technology Hitotsubashi University (Professor Emeritus) University of Queensland McMaster University A National University of Singapore The University of Adelaide Aarhus University Hungarian Demographic Research Institute National University of Kyiv-Mohyla Academy The University of Adelaide The University of New South Wales Chinese Academy of Social Sciences Institute for East and Southeast Studies European Delhi School of Economics UniversityFudan University of Queensland Foreign Visiting Scholars in FY2013-2014 (as of the end of (as November 2014) Foreign Visiting Scholars in FY2013-2014 Foreign Visiting Faculties in FY2015-2016 (as of the end of (as November 2016) Foreign Visiting in FY2015-2016 Faculties A A Federal Reserve Board of Governors University of Technology Sydney Federal University of Rio Grande Brazil do Sul, University West Paris La Nanterre Defense Postdoctoral(JSPS Fellowship for Foreign Researchers) Visiting and Adjunct Faculties in FY2015-2016 (as of the end of (as November 2016) Visiting and Adjunct in FY2015-2016 Faculties N David Cashin K.Marc Chan Comim Vasconcellos Favio Benjamin David Ivan Deseatnicov N Reiko Aoki H.Chen Stacey KanayaShin Kazuko Kano Katsuo Kogure Mitsukuni Nishida OdakaKonosuke Saijo Tatsuyoshi Osamu Saito Tanaka Satoshi Yamaguchi Shintaro Ka ChengAlbert Tsui ChesnokovaTatyana Anders Fredriksen Robert Gal Olga Kupets Dimitryi Kvasov Hodaka Morita Deng,Quheng Ekaterina Selezneva Partha Sen Tangjun Yuan Waki Yuichiro N F V F
4 Publications and Other 35 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 36 California University, East State Bay CNAM (Conservatoire des arts et Metiers) Institut National de la Recheche Agronomique/ School Paris of Economics University of Rochester Australian National University Monash University Goethe University Frankfurt University of British Columbia Australian National University UniversityTeikyo United Arab University Emirate UniversityColgate University Tamagawa Osaka University Sophia University University of Hong Kong Postdoctoral(JSPS Fellowship for Foreign Researchers) University of Pavia Australian National University Australian National University Osaka University The University of Nottingham Malaysia Campus University of Nottingham Campus) (Malaysia University of Lille 1 University American College Skopje SchoolToulouse of Economics University Diderot Paris 7 - Paris Utrecht University Shere-e-Bangla Agricultural University KEDGE Business School Universitat de Girona/ University of Kent National University of Singapore Australian National University cation -Cereq d' Etudes et deCentre Recherche les sur Qualifi Ecole des Hautes Etudes en Sciences Sociales VU University Amsterdam McMaster University Royal Melbourne Institute of Technology (RMIT) University of Massachusetts Amherst Ecole des Hautes Etudes en Sciences Sociales L' RichardDuhautois Akiko Suwa-Eisenmann B. EllicksonPaul Pierre van der Eng LataGangadharan Markus Heckel mann Florian Hoff Timothy Kam Hideki Kamiyama Karabchuk Tatiana Kato Takao Akihito Katsuo Katsuo Kogure Konishi Yoshifumi Sau-Him Lau Paul Pei-Hsin Lin Enrica Chiappero Martinetti Reneé McKibbin Warwick McKibbin OyaKosuke Rasyad Parinduri Saumik Paul Heloise Petit Marjan Petreski Poinas Francois ReberiouxAntoine Ingrid Robeyns Mizanur Rahman Sarker Thomas Lagoarde-Segot Jose I. Silva SngTuan-Hwee Tang John P. Vero Josiane Gilles Vinay Postel Watanabe Makoto Yamaguchi Shintaro Nobuaki Yamashita Naoki Yoshihara BenedicteZimmermann Jed Devaro The Economic Review is to address to real is The Economic Review On the occasion of the launch of “The aim This and continues mission today The Economic Review States, and China: Estimation and China: States, of a Nonlinear Cointegration Jan. 2014. No.1, Model,” Japanese) (in Vol.65, the in the View U.S.:Labor of From Data Point Turnover Construction,” 2013. Japanese) (in Vol.64, No.2, Apr. the in the View U.S.:Labor of From Data Point Turnover Construction,” Japanese) 2013. (in Vol.64, No.2, Apr. in the Formative EconomicState Age: Progress and Welfare in Marshall's Economic Thought,” Japanese) (in Jan. 2013. Vol.64, No.1, Predictability No.4, Vol.63, Market,” Japanese), (in in Tokyo Oct. 2012. An Economic Analysis of the 1950-2010: United States, Jul. No.3, 2012. Vol.63, Historical Trends,” 2012. No.2, Apr. Vol.63, Japanese), (in Survey,” Japan: An Empirical Analysis Based on the Establishment Jan. No.1, Vol.63, Japanese), (in and Enterprise Census,” 2012. E E ＊ Ryo Kambayashi, “Survey on Empirical Analysis of ＊ Ryo Kambayashi, “Survey on Empirical Analysis of ＊ Nishizawa, “Welfare Tamotsu Economics and the Welfare ＊ Iwaisako, “Re-examination Tokuo Return of Stock ＊ Chiaki Moriguchi, “The Evolution of Child Adoption in ＊ Kazuhiro “Mortality Kumo, Revisited: in Russia Trends ＊ Fukao and Hyeog “Who Kyoji Ug Kwon, Jobs in Creates in 1950, Shigeto Tsuru, the director of the Tsuru, Institute Shigeto the at in 1950, observed:time, volume published a year. economic provide and issues to a space quarterly in this journal for the global academic community publish works to deliberatelythat fall outside the established arena.” research 1950) No.1, (Vol.1, serves as a forum for the publication of economic papers scholarsby from Japan and abroad with on “measurement theory” and “theory with measurement” as well as for the assessment and proposal of economic policies. is a is Keizai Kenkyu (The quarterly academic journal of articles in Japanese or published English by the Institute of Economic Economic Review) O C S C O The Economic Research Series presents the research Mitsuhiro Fukuzawa, “Problem-solving Activities in Product Development: Evidence from Engineer-level Surveys in Japan, Japanese) (in and Vol.65, Korea, China,” Oct.No.4, 2014. “Zero-Labor-Productivity-Growth” Maddison's China: Hypothesis Jul. No.3, 2014. Revisited,” Vol.65, Based Development and Shocks Aggregate in Developing Countries: The Experience of an NGO in Pakistan,” (in 2014. No.2, Apr. Japanese) Vol.65, Indexes Price Comovement in Stock of Japan, United Exchange Shock, Rate (in and the Japanese Economy,” Oct.Japanese) Vol.66, No.4, 2015. Bank Lending Channel of Real Estate Japanese) (in Prices,” Vol.66, Jul. No.3, 2015. A SurveyAnalysis with of Business Cycles: the Application the Compositeto Index Japanese) (in in Japan,” Vol.66, 2015. No.2, Apr. in PovertyMeta-Analysis on Determinants,” Trends (in Jan. 2015. Japanese) Vol.66, No.1, E R S R E T E R T E ＊ Tsuyoshi Tsuru, Norio Tokumaru, Kentaro Nakajima Kentaro ＊ Norio and Tokumaru, Tsuru, Tsuyoshi ＊ Harry “The X. Wu, Growth of “Non-material Services” in ＊ Kurosaki and Hidayat Khan, Ullah Takashi “Community- ＊ Kazumi Zhang and Zhentao Asako, Liu, “The Yan Research. Each consists issue of submitted articles, invited articles, survey articles, and book reviews. Survey articles are long and comprehensive papers written faculty by members of the institute publicize to their outcomes. research The following a selection is of survey recent articles: ＊ Iwaisako Nakata,“Large and Hayato Tokuo Oil Price, ＊ Hazama Uesugi, Iichiro Makoto and Kaoru Hosono, “The ＊ “Econometric Watanabe, Ishihara and Toshiaki Tsunehiro ＊Kazuhiro “Poverty Kumo Economies: Studies Transitional in results of members of the Institute, with typically one
4 Publications and Other 37 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 38 First published in 1957. 44 First published in 1957. Publisher: Kinokuniya Prix ChaptalAwards: volumes been have published as of now. Maruzen (Volume 1-31), (Volume 32-) de la Recherche, La Soci?t? d’Encouragement pour l’ Industrie Nationale (France) http://www.ier.hit-u.ac.jp/English/publication/search. E index.html Financial and Crisis, Economic Dynamics) Working PaperSeries and Policies a Theory in Developing Countries: Toward of Comparative Economic Development) Discussion PaperSeries Economic Research Series English) (in Japanese) (in Series) “Catalog of Statistical on Materials 72 Imperial Japan and Overseas 1973; etc.; since Territories,” volumes published. http://risk.ier.hit-u.ac.jp/English/publication/index.html ＊ Working Paper RRC Research Series Center) (Russian http://www.ier.hit-u.ac.jp/rrc/English/workingpapers/ ＊ (HitotsubashiProject HIT-REFINED on Real Estate, ned/?page_id=262 http://www.ier.hit-u.ac.jp/hit-refi ＊ (Poverty PRIMCED Reduction, Institutions, Markets, http://www.ier.hit-u.ac.jp/primced/e-index.html published in a particular series. The Discussion Paper Series fullyare searchable in the Hitotsubashi University Repository (HERMES-IR) managed the by university library. html E E First published in Publisher:Iwanami The Institute of 1953. 63 regular 63 volumes 1953. and 8 special ones have been published as of now. Shoten Economic Research publishes the Discussion Paper Series listed below. Shown in parentheses numberis of papers Series Series html PaperSeries html Discussion Paper Series Publications available make to the results of activities of Shiryo Shirizu Data (Statistical andTokei Documentation Awards: Japan AcademyAwards: Nikkei Prize, Prize for ＊ (Institute IER Discussion of Economic Paper Research) http://www.ier.hit-u.ac.jp/English/publication/ier.html ＊ for Economic Institutions) Working (Center Paper CEI http://cei.ier.hit-u.ac.jp/English/publication/wp/index. ＊ Discussion for Intergenerational Studies) (Center CIS http://cis.ier.hit-u.ac.jp/English/publication/dp/index. ＊ for Economic RCESR and (Research Center Social Risks) S R C I S S S S S I C R Economic Research Series Japanese) (in the for Research Information Centre and Statistics of Social Science as compilation, (such processing, and systemization of statistical for of the a wide convenience data) range of data users include the following. titles Many of Series this are and thealso available Hitotsubashi Website on the RCISSS University Repository (HERMES-IR). Excellent Books in Economic for Science, Annual Award Research Monographs on Okita Labour, Memorial Prize for International Development Research, etc. (Amur Survey(Amur Group (Collection of Academic (National Statistics of (Investigation for Organizing the Best Offi cial (Investigation for Organizing the Best Offi And more: http://www.ier.hit-u.ac.jp/library/Japanese/collections/ The library publicly makes accessible the large amount http://www.ier.hit-u.ac.jp/library/Japanese/exhibition/ Development Marketization Promote Aid to in Vietnam) Imperial Russia) (Call No. VLc.78-39, AMF-L-35) No. VLc.78-39, (Call Imperial Russia) Result Series) (Call No. VRc.42-5) Result (Call Series) Research Works titled “Under the Marxist Banner”) (Call AMF-Z-10) No. ZVK-1, Chosa Betonamu Shijo Keizaika Shien Kaihatsu Seisaku Amuru Chousatai no Gyouseki Series Teiseiki Roshia no Kokka Toukei Marukusu shugi no Hata no Motoni colidx-j.html Documents Donated Professor by Emeritus Shigeto Tsuru of documents donated the Institute to Professor by Emeritus in the which autumn include of 2003, Tsuru Shigeto manuscripts and letters, and provides assistance for research and questions. Main documents displayed are the at Shigeto Memorial Corner as permanentTsuru exhibits. If you would documents, to access have to pleaselike a request make beforehand. to depositto their papers research in HERMES-IR (institute repository of Hitotsubashi University), and collaborates on the operation Social of “Hi-Stat Science Database the Institute joined EconBiz Open Network”. June 2013, From Partner Network promote open scholarly to to access and educationally literatures. Library Collection ・ ・ ・ ・ Recent years, it assists for the members Institute’s In fi scal 2015, the Library IER was open and days 238 scal 2015, In fi The Library's IER holdings available are for browsing As of the end of fi scal 2015, the Library IER held has scal 2015, As of the end of fi The Library IER started out as a reading room attached had 1,967 users including 340 non-Universityhad 1,967 members. TheThe number number of interlibrary of loans was 5,978. lled the by Library was 198. photocopy requests fi in the reading room also by external users, as long as it does not hinder activities research the at Institute. And also are providedmaterials for the interlibrary photocopy the Library started has service. 2014 May From the mutual use services with the Library of Institute of Developing Economies. 153,618 East Western language Asian language and 255,796 153,618 volumes. In addition, it has volumes for of a total 409,414 East Asian Western language languageheld 3,341 and 2,670 overall. The Library’sjournal holdings titles for of a total 6,011 searchableare in the university library’s online catalog. Moreoverthe Library holds a large number of micro-form andmaterials, the title list posted is on Library’s web site. to the universityto library when the Institute of Research in East Asian was Economy reorganized the Institute into of then, Since order in to Economic Research 1949. March in support the theoretical Institute’s and empirical research activities, the Library been has engaged in the systematic and comprehensive collection and provision of economic and statistical which materials indispensable are conduct to comprehensive on research the Japanese economy and on the The world economy. Library been has placing emphasis on the collection of statistical on the materials Asian as area a whole, including and Russia the Middle East. the Moreover, Library been has building up a rich collection on of materials ed as one of the the Soviet Union/Russia, which was identifi objectiveskey who was Professor by Emeritus Tsuru, Shigeto rst director of the Institute. The Libraryelected also as the fi orts those acquire through to materials beenhas making eff publication exchange or donation with institutions research and government agencies home at and abroad.
4 Publications and Other 39 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 40 Based on these activities, withIn accordance the application of October 2008. receivedthe an RCISSS honorable mention for statistical activities from the Japan StatisticalAssociation in 2006 and won the Third Annual Prize for Statistical Activities awarded the by Japan StatisticalSociety in September2007. new Statistics Act, which ect in April the 2009, took eff “Provision of Anonymized begun. has Data” Hitotsubashi University made has an arrangement with the National Statistics Center 2009 in March and (NSTAC) commenced the provision of the following anonymized microdata from June 2009: the Employment Survey, Status Furthermore, the “Resampling Data Usage Promotion The experiences and results of trial this system have The trial system allowed use of the following four the National Survey Income and Expenditure, of Family the Survey on Time Activities, and Use Leisure the Housing and Land and the Survey, Labour In addition, Survey. Force provision of anonymized microdata of the Population commencedCensus from December 2013. in order encourage to theProgram” use began in April 2010 of anonymized microdata in the government statistics by young researchers. been incorporated deliberations into on guidelines for the actual provision of anonymized microdata based on the revision of the2007 Statistics Act. surveys: the Employment the National Survey, Status Survey Income and Expenditure, of Family the Survey on Time Activities, and Use Leisure and the Housing and Land nal the up until fi applications Accepted Survey. totaled 132 At the sameAt the time, In response a report to the by Science Council of Japan, M A Statistics of Bureau the airs Ministry of Aff Internal and Communications, based cial Agreement on the Offi “New Directions in the Development of Government Statistical Services” (Meeting of the Heads of the Statistical Departments of the Cabinet has andce Ministries), Offi examined provide ways to government to access microdata. Because the best such make way to data available for academic purposes can only be determined together with the academic the community, already is conductingRCISSS related under research the Century Program “Research COE Unit for Statistical 21st Analysis in Social Sciences,” and it been has asked to collaborate in establishing a trial system provide to to access government microdata. Given request this that in line is with the objective of the Microdata Analysis Section, the RCISSS respondedhas request this to positively and set up a trial system for the provision of anonymized microdata in the government statistics for academic university by research researchers nationwide from November 2004. the for Research Information Centre and Statistics of Social attachedScience (RCISSS), the IER, to set up“Microdata a Analysis Section” provide to support in 2002 for the use of government microdata. Objectiveof section this to is establish both the mechanisms and the facilities required grant researchersto to from access Japan all over greater a wider range of unaggregated, individual level data of government statistics the in order improve quality to of empirical in Japan. research This activity formed part of the Century ofresearch the 21st Program, “ResearchCOE Unit for Statistical Analysis Social in Sciences.” http://www.rieti.go.jp/jp/database/JIP2011/index.html and been other data have that adjusted to JIP 2012 In collaboration with RIETI’s Study on Industry-Level and http://www.rieti.go.jp/jp/database/R-JIP2012/index.html The East Asian Listed Companies (EALC) Database http://www.jcer.or.jp/eng/research/database070528. E Studyon Industry-Level and Firm-Level Productivity Japan in conducted and Trade the by Research Institute of Economy, Industry (RIETI). Classifying the Japanese 108 economy into yearssectors, 1970- (covering the newest edition, JIP 2012 annual data contains tables2009), on investments in capital services, investment in the quality and nominal of labor, and industrialreal indicators, which all essential are for estimating factortotal productivity It (TFP). also calculations contains of TFP growth made growth using accounting. enable comparisons with other countries can be found on the EU-KLEMS http://www.euklems.net/. at website Database 2012 R-JIP Firm-Level Productivity in Japan, G-COE built the Hi-Stat Regional-Level Japan Industrial Productivity Database (R-JIP) as a basic industrial reference for analysis of Japan’s structure erences in productivity. Containing data on and regional diff 2008 to (Okinawa 23 industries prefectures in 47 from 1970 annual covers 2012 R-JIP onwards), includedis from 1972 data essential for(calendar year) estimating factor total productivity, including nominal and value real added, investment in capital and labor in consideration of quality erences, and social capital stock, as well as regional diff erences in TFP levels industry by and calculations of TFP diff growth region by and industry. data for (Some have items the benchmark only.) year DatabaseEALC 2010 rms in Japan, China, principally targets all listed fi 2010 nancial sector). It the (excluding fi South and Korea, Taiwan includes data necessary the TFP at measure company to forlevel. through 2007 The periods 1985 are covered rms, through 2005 for Chineserms, fi 1999 Japanese fi through 2005 for South and Korean Taiwanese and 1985 rms. The database for Economic the by created Center is fi Institutions Hitotsubashi at University (CEI) in collaboration with for the the Economic Japan Research Center (JCER), for and China AsianCenter Nihon Studies at University (project for and the leader: Center Inui), Professor Tomohiko Corporate Competitiveness Seoul at National University (led Professorby Lee). Keun html The Institute of Economic Research compiled has vast Economic Statistics (KazushiThe Okawa, Long-Term http://rcisss.ier.hit-u.ac.jp/English/database/ltes.html As one of the subprojects Project, of the Hi-Stat the Asian http://hi-stat.ier.hit-u.ac.jp/research/database/ashstat. PartNote: of the statistical data prepared under the http://www.ier.hit-u.ac.jp/COE/English/online_data/ Hitotsubashi University’s Research Unit for Statistical and amounts of statistical and bibliographical information, Economic Statistics, which it such makes as the Long-Term available the public. to The following provides a short introduction of themajor databases compiled within the Institute and as part of large-scale projects. Economic StatisticsLong-Term Economic Database StatisticsLong-Term (LTES) Miyohei Shinohara, and Mataji Umemura, eds., Keizai Tokyo a series are of statistical compendia Shinposha 1965-1988) providethat a comprehensive systematic collection of carefully estimated and prepared historical statistics of modern Japan spanning a variety of economic activities. Conforming the of National System to they Accounts, present time-series economic statistics from the beginning of the Meiji period. Database The the contains main LTES economic statistics Economic Statistics from the Long-Term in a database format. Asian Historical Statistics: Basic Data ProjectHistorical provides Statistics estimates of (ASHSTAT) long-term economic statistics on the Asian region spanning from the pre-World period II War the present to based on The basic data usedthe of National (SNA). System Accounts in the estimation process made are public on a trial basis. For currently available data, please the refer following to website. html project COE also availableis (see the website 1995-2000 information, For access pleasebelow). the read for notes Historical Statistics: Please that also note "Asian Basic Data." the data made were public a while ago. index.html Industry- and Firm-Level Data JIP Database 2012 Empirical Analysis in Social Sciences Program (Global COE G-COE produced has HiStat) and updated the Japan Industrial Productivity Database cooperation in (JIP) with the
4 Publications and Other 41 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 42 The Japanese is Study of Aging and Retirement (JSTAR) http://www.rieti.go.jp/jp/projects/jstar/index.html The for Information Research Center and Statistics Household and labor statistics data Japanese Study of Aging and Retirement (JSTAR) a comprehensive survey collect to panel data concerning the lives and health of the It was elderly. established 2007 in and conducted RIETI, by Hitotsubashi University, and the University The of Tokyo. survey the designed to is ensure, to maximum extent possible, comparability with preceding surveys such as the Health and Retirement Study (HRS) the in theUnited Survey States, of Health, Aging, and Retirement and in continental the Europe, in Europe (SHARE) English Longitudinal Study of in the Aging (ELSA) United Kingdom. c By data, analyzing researchers can track JSTAR specifi characteristicselderly of Japan's population globaland make comparisons of their characteristics. is sense, In this JSTAR rst globally comparable panel data survey of the fi Japan's elderly. Economy SurveyFarm Database of Social Science of Hitotsubashi University’s Institute of a singleEconomic Research database collated has into the pre-World farm II War economy survey documents of the Ministry of Agriculture and Forestry now held Kyoto by University. These farm economy survey documents are statistical covering the materials operating and economic activities of farmers as collected the by Imperial Agricultural Association, the Ministry of Agriculture and and Commerce, the Ministry of Agriculture and Forestry starting in 1913. Survey subjects consisted of independent farmers, owner- farmers,tenant farmers and tenant from each prefecture, and survey included items a broad range of data, such as farm assets, production, and consumption. The labor, survey results published were in a national edition every Althoughscal possible it is the year. investigate general to fi this scal year, economic conditions for farmers in each fi project on concentrates compiling panel data from survey which the is time period 1941, to forms dating from 1931 corresponding the farm to economy’s recovery from the Showa panic the until beginningdevastation of of the 1927 II. World War The for Economic Institutions Center of Hitotsubashi (CEI) http://cei.ier.hit-u.ac.jp/Japanese/database/index.html The for Information Research Center and Statistics http://rcisss.ier.hit-u.ac.jp/Japanese/database/special. The G-COE Program, in collaboration Hi-Stat with the http://www.ier.hit-u.ac.jp/histatdb/ Database on Large Shareholders and Corporate Offi cers Database on Large Shareholders and Corporate Offi 2012 University’s Institute of Economic Research collaborated has Century Program,with Normative COE the University’s 21st Evaluation and Social Choice of Contemporary Economic build to a large-scale, (COE/RES), Systems long-term cers database of large shareholders and corporate offi (directors, auditors, of Japanese etc.) public companies. The database, which includes time periods not covered private-sectorby databases, information contains on large lattercers (the from 1962) shareholders and corporate offi from almost all public companies as gathered from their nancial reports and other materials. The current edition, for fi data on large shareholders includes for 2,108 pre-1980 2012, cers data on corporatepublic offi companies and pre-1990 public non-banking banks.for companies 1,787 and 140 aggregation/calculation Originaldata The Data Center’s of Social Science supports the use of micro-data from ort, it has government statistics. As part eff of the center's started independently to collect and publish data which are notgathered various by data-collecting entities despite their importance from the perspective of researchers. data Such calledare and collected "the are data" Center's to according academic inquiries of the time. html Database Guide Service / Data Access SocialHi-Stat Science Database Network Library,IER constructed Social the "Hi-Stat website Science Database Network," which presents databases and created collected faculty IER by and researchers. Databases include those compiled the by G-COE Program and Hi-Stat other projects. In addition, includes website this the databases purchased as well as government IER by survey micro data for which the micro analysis section of the supports IER secondary use. Hitotsubashi University Policy Forum 2015 DecemberDate: 13, Josui KaikanPlace: (Chiyoda-ku, Tokyo) Hara Keishiro SaijoLectures: (Hitotsubashi Univ.), Tatsuyoshi Iwate ce, Offi Town (Yahaba Ritsuji Yoshioka (Osaka Univ.), Takashi of Technology), Hizen (Kochi Univ. Yoichi Prefecture), Michinori Uwasu (Osaka Univ.), Univ.), Oshio ((Hitotsubashi Univ.) Reiko Aoki (Kyushu of Tokyo), Moriguchi (Univ. Yuichi Saijo (HitotsubashiOrganizer: Univ.) Tatsuyoshi 2015 NovemberDate: 18, HitotsubashiPlace: Hall (Chiyoda-ku, Tokyo) Lectures: Reiko Yukinobu Kitamura (Hitotsubashi Univ.), Suzumura Kotaro (Japan Gotoh (Hitotsubashi Univ.), Katsuhito Hitotsubashi Emeritus Univ.), Professor, Academy, Ryo Kambayashi of Tokyo), Univ. EmeritusIwai Professor, (ICU, Shigeki Uno Sakai Univ.), (Keio Toyotaka (Hitotsubashi Univ.), Univ.) Wataru Sano (Kyoto of Tokyo), (Univ. Organizer: Reiko Gotoh (Hitotsubashi Univ.) In March 2001, Tokyo Medical Tokyo and Dental University, 2001, In March E Four University AllianceLectures UniversityTokyo of Institute Foreign Studies, Tokyo of and Hitotsubashi UniversityTechnology, a “Four entered University The Four University Alliance.” Alliance Lectures form part of this. The lecture series was started from 2006 and then held it is every year. 11th OctoberDate: 2016 28, HitotsubashiPlace: Hall (Chiyoda-ku, Tokyo) Lectures: Akio Kishida (Tokyo Medical and Dental Univ.), (Tokyo Masahiko Togawa Naohito Abe (Hitotsubashi Univ.), Nobuhiro Nishiyama (Tokyo of Foreign Studies), Univ. Institute of Technology) 10th OctoberDate: 2015 2, HitotsubashiPlace: Hall (Chiyoda-ku, Tokyo) Lectures: Nishikida of Aiko Foreign Studies), (Tokyo Univ. (Tokyo Institute Takashi Yamada Satoshi of Technology), (Tokyo Medical Koichi Tanaka Kurosaki (Hitotsubashi Univ.), and Dental Univ.)
4 Publications and Other 43 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 44 To catch up catch To
the fi rst volume, the fi Iwanami 1955. Shoten, the Economic Review, It been has the regular institute’s practice conduct to In addition to the fi departments research ve In addition the fi to an academic trends in Economics fi eld years, in recent the an academic trends in Economics fi institute reorganized the departments research in April, The Theories new departments in Economics (1) are 2015. Economic and Measurement and Statistics; Statistics; (3) (2) Comparative Economic Institutions and World Economics; (4) and Sciences Policy; Frontier in Economics. hope (5) We that t and will feature develop fundamental this by our benefi organization reform. collaborative and research projects with partners outside the institute and its departments. The for Economic Center Institutions was established in 2000, and it contributed has expandingtoward the network institute’s of relationships (American Economy, USSR Economy, National Income and Economy, USSR (American Economy, Reproduction, Statistics, and Classical were that Economics) present the at inception of the reorganized IER, a Japanese departmentEconomy was added Later, the in following year. departmentthis was divided two into parts and three more departments-British and British Commonwealth Economies, and SoutheastChinese Economy, Asian Economy-were the added of a total nine make departments. to In 1961, institute added the department of International Economy, and the departments of Economic Measurement, Economic Financial Economics, System, and ModernEconomic Analysis raise to the number subsequentlywere of added 1977 by departments fourteen. to with the revision of However, largeve ministerial ordinances, the institute was reduced fi to Japanese and (1) and 1979: sectionsresearch during 1978 Economies; U.S., and European USSR Asian Economies; (2) Contemporary Comparative Economic (3) Economies; (4) Analysis. Economic Systems and (5) Systems; Long-Term Economic Conceptions of the Institute (1949) as follows: “The most important (1949) (edited Kazushi by Ohkawa, Miyohei Shinohara, Dr. Tsuru, the IER’s head, the explained IER’s the Tsuru, planfor Dr. The Institute of Economic Research (henceforth, at IER) I A IER H IER and Mataji Umemura, 1965-1988). reorganizationof the institute in Hitotsubashi University was originally called the Research Institute of East Asian Economies, which was founded in the 1940. library College of Tokyo on of April Commerce 01, It was not a government organization buttime, that at an withliated the university and supported a by institute affi grantresearch from Kenkichi Kagami, the president of Tokyo rst head was Marine and The Insurance. Fire fi institute’s Ueda, president of Shoka the Tokyo University.Teijiro research topic is ‘National topicresearch is Income and Reproduction’ because it theoretical, contains statistical, empirical, and policy-oriented aspects. also It advantageous is research to topicthis collaboratively, researchers so many that would try themselves involve to subject. in this Other topics research will include statistics, econometrics, and the American and Soviet economies. will also value We and pursue on research classical economic the theories.” Japanese Later, economy was added subject, as a research and statistical and empirical on research Japanese national income, economy, and processes of economic growth, as well on as research the socialist economies and China, became of the USSR the Study Group prominent in the academic world. In 1957, on National Income Estimates was launched with Kazushi Ohkawa with as its support leader, from the Rockefeller Foundation. All the results work of were study this group’s collected in the fourteen volumes of of Economic Research Statistics , Iwanami 1974- Shoten, in 1980. Through the integration and in 1980. Just before the beginning of the 21st century, IER added IER Just century, before the beginning of the 21st as a JSPS Grant-in-Aid for Creative Scientifi c Research called Grant-in-Aid Scientifi for Creative as a JSPS ationDynamics in the Japanese “Understanding the Infl Economy” and “Economic Analysis of Intergenerational Searching Development,”Issues: for Future supported were a Grant-in-Aidby for Specially Promoted Research. These projectsare became that possible the by reinforcement of theoretical emphasis research, on policy-oriented perspectives, and promotion of institutional and policy ects of integrating comprises that research the synergistic eff theoretical and empirical activities, research which were put in place after the publication of the article “History and in theFuture” thirtieth anniversary edition of the journal further development of the two programs, COE a global COE entitled “Research Unit for Statistical and Empirical Analysis in Social Sciences” was also promoted. new missions, promoting originaland cutting-edge research and establishing a joint unit research for members of the communityresearch both within and outside Japan, in addition continuing its to comprehensive economic research the was IER designated as on Japan and the world. In 2010, a “Research Unit for Empirical Analysis of the Japanese and World Economy” the by Joint Usage/Research system Center in the Ministry of Education, Sports, Culture, Science, and Technology; then since it been has establishing a foundation with joint projects research for a jointusage center, research and facilities as its core. Economic Research 1979 (14 volumes in total) (received the 32th Nikkei volumes the Prize (received 32th in total) for (14 1979 Excellent Books in Economic Science, 1989) Long Term Economic Statistics (LTES) , from 1995 to to , from 1995 Long-Term Economic , Iwanami 1953- Shoten, chef d’oeuvre as the institute’s Based on the tradition of Economic Research Series 2000 the Asian Historical Statistics Project was organized. Other projects included “Expanding Usages of Statistical (supported 1999 Grants-in-Aid by to Information” from 1996 c Research on Priority and the “Project Areas) on for Scientifi Intergenerational Equity” from to 2003 2000 From 2005. to programs of Excellence Center (COE) two 21st-Century 2007, entitled “Research Unit for Statistical Analysis in the Social Sciences” and “Normative Evaluation and Social Choice of Contemporary launched, Economicwere Systems” as well with researchers and institutions both domestically and The for Statistical Center Literatureinternationally. on establishedthe became Japanese Economy, 1964, in the for InformationResearch Center and Statistics of Social Science, with a new section for microdata analysis, as part of the extension and reorganization of the institute in It provides2002. microdata on government statistics in collaboration with the Statistics in the Bureau Ministry of the Center airs and Communications. In 2007, Aff Internal for Intergenerational Studies was founded, pursuing the formation of a cutting-edge base research collaborating by with four Ministries. Furthermore, for the Research Center Economic and Social for Risks was established 2014 in May the purpose of conducting empirical analysis of various risks thethat Japanese economy publishes face. This may center the -Hitotsubashi SRI Index Purchase Consumer on its website. Statistics
4 Publications and Other 45 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute
Contributions to Society 46
Research. Economic of Institute the with affiliated was Risks) Social
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Organization
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Application), its and (Statistics Kenkyuubumon kannsuru History). Economic and History (Doctrinal Kenkyu Keizaishi oyobi Gakusetsushi . 7
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Sections Research 1948
9014 9015 9016 9017 9018 9019 0020 00201 2010 2005 2000 1995 1990 1985 1980 1975 1970 1965 1960 1955 1950 1945 1940 5
4 Publications and Other 47 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute
Contributions to Society 48
Economics Normative for Center Research 2014
Center Research Russian 2007
Fukao] Kyoji [Leader: (S)) Research Scientific for Aid ‐ in ‐ (Grant
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9014 9015 9016 9017 9018 9019 0020 00201 2010 2005 2000 1995 1990 1985 1980 1975 1970 1965 1960 1955 1950 1945 1940 5 B H
4 Publications and Other 49 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 50 1940 - May April, 1940 - August 1946 1940 May - February 1949 1947 March - NovemberFebruary 1949 1949 - OctoberNovember 1956 1949 - JanuaryFebruary 1959 1957 - January 1963 February 1959 - JanuaryFebruary 1965 1963 - JanuaryFebruary 1967 1965 - JanuaryFebruary 1969 1967 - August 1969 February 1969 - October 1970 August 1969 - October1972 October 1970 - April 1974 October 1972 - June 1974 April 1974 1976 - May June 1974 1978 - May June 1976 1980 - May June 1978 1982 - March June 1980 - February 1984 1982 March - February 1984 March 1986 - February 1986 March 1988 - February 1988 March 1990 - February 1990 March 1992 - February 1994 1992 March - February 1994 March 1996 - February 1996 March 1998 - February 1998 March 2000 2000March - February 2002 - February 2002 March 2004 2004March - July 2005 August 2005 - July 2007 2011 - March August 2007 2013 - March April 2011 2015 - March April 2013 - April 2015 Teijiro Ueda Teijiro Sotaro Takase Kinnosuke Ootsuka Ichiro Nakayama Tsuru Shigeto OharaKeiji Chotaro Takahashi Ryotaro Iochi Tsuru Shigeto Isamu Yamada Seizaburo Oono Kazushi Ohkawa Hideo Yamada Shigeru Ishikawa UmemuraMataji Masakichi Ito Sadayuki Sato Kuribayashi Yoshimasa Koichi Emi Shozaburo Fujino Noboru Miyanabe Tsuda Takumi MizoguchiToshiyuki Ryoshin Minami Tomizawa Kenji OdakaKonosuke KiyokawaYukihiko Teranishi Juro Osamu Saito Nishimura Yoshiaki Masaaki Kuboniwa Noriyuki Takayama Nishizawa Tamotsu Kazumi Asako Fukao Kyoji Yukinobu Kitamura N F F 125 T 36 O 2 2 2 2 S S 156m 5,313m 1,000m 6,469m IER F A A S F S V F F 3 4 3 6 5 4 R R A 2 2 2 2 24 155m 329m 1,541m 2,025m R B A B Research Divisions Theories in Economics and Statistics Economic and Measurement Statistics Comparative and World Economics Economic Institutions and Policy Facilities liated Affi Sciences Frontier in Economics for Research Information Centre and Statistics of Social Science for Economic Institutions Center for Intergenerational Center Studies Research Assistant Divisions for Economic Research and Center Social Risks of Publicationsce Offi ce Faculty Support Offi Administrative Divisions Large-Scale Data Archiving and Processing Section airs Section General Aff Library IER Library for Japanese Statistics V F F F R R A A 7 5 1 A 10 A Total Joint Center Usage & Joint Research Committee 17 members Number of Institute of Economic Research Institute of Economic Research Annex forResearch Information Centre and Statistics of Social Science B O * Including adjuction Professor" posts and "Assistant". "Assistant for "Professor", post* Including JSPS doctoral fellow for "Fellow". Personnel: as of 1st July, 2016 July, Personnel: as of 1st Director ManagementCommittee Faculty Meeting
4 Publications and Other 51 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 52 ¥15,939 thou.¥15,939 ¥23,965 thou. ¥23,965 ¥111,595 thou. ¥5,300 thou.¥5,300 / 4 project ¥4,700 thou.¥4,700 / 6 projects ¥4,700 thou.¥4,700 / 4 projects ¥8,900 thou. projects / 10 ¥27,500 thou.¥27,500 / 8 projects ¥31,000 thou.¥31,000 / 1 projects ¥42,540 thou. / 3 projects ¥38,600 thou. / 6 projects ¥163,240 thou.¥163,240 projects / 42 A S R A S Special Grants of Education and Research Others R S R Total Grant-in-Aid for JSPS FellowsGrant-in-Aid for JSPS Grant-in-Aid for Scientifi c Research (S) Grant-in-Aid for Scientifi Grant-in-Aid for Scientifi c Research (A) Grant-in-Aid for Scientifi c Research (B) Grant-in-Aid for Scientifi c Research (C) Grant-in-Aid for Scientifi ScientistsGrant-in-Aid for (B) Young Operational Budget from the MEXT Supporting Grants of Operational Expenditures of IER) (share B Fiscal Year 2015 Fiscal Year Reiko Aoki (Kyushu Univ.) Reiko Aoki (Kyushu Nobuyuki Izumida (National Institute of Population and Social SecurityResearch) Ueda (WasedaTakako Univ.) of Tokyo) SawadaYasuyuki (Univ. Nakamura National Univ.) (Yokohama Yasushi Univ.) (Keio Isamu Yamamoto OtsukiYasuhiro (Hitotsubashi Univ.) Yukinobu Kitamura (IER, Hitotsubashi Univ.) Oshio (IER, Hitotsubashi Univ.) Takashi Naohito Abe (IER, Hitotsubashi Univ.) Kazuhiro (IER, Kumo Hitotsubashi Univ.) Naoto Kunitomo (Univ. of Tokyo) (Univ. Kunitomo Naoto Professor Emeritus/ (Hitotsubashi Project Univ., Seijo Univ., Professor) Tajika Eiji Professor Emeritus) (Hitotsubashi Univ., Teranishi Juro Haruko Noguchi (Waseda Univ.) MizobataSatoshi Univ.) (Institute of Economic Research, Kyoto Miyagawa Univ.) (Gakushuin Tsutomu Yukinobu Kitamura (IER, Hitotsubashi Univ.) Fukao (IER, Hitotsubashi Univ.) Kyoji Oshio (IER, Hitotsubashi Univ.) Takashi Naohito Abe (IER, Hitotsubashi Univ.) Kazuhiro (IER, Kumo Hitotsubashi Univ.) I E R C U R C M C R U C R E I I E R M C M C M R E I
4 Publications and Other 53 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 54 C M Tsuneaki Sato (Professor Emeritus, Yokohama (Professor Sato Emeritus, Yokohama Tsuneaki City University) NakamuraTakafusa (Professor Emeritus, University of Tokyo) Shozaburo (Professor Emeritus, Fujino Hitotsubashi University) Masaaki Shibuya (Takachiho University) University) SadamichiHiroshi (Kyoto (Okayama University) Tarumi Tomoyuki Baba (InstituteYasumasa of Statistical Mathematics) Hiroyuki Okada (Professor Emeritus, Hosei University) Ono (Institute ofYoshiyasu Social and Economic Research) Hara (UniversityYonosuke of Tokyo) Akiyoshi Horiuchi (University of Tokyo) Kazuhiro Igawa (Kobe University) Sadanori Nagayama (Japan Statistical Association) OdakaKonosuke (Hosei University) University) (Kyoto Yamamoto Yuzo Kazuhito Ikeo University) (Keio Masayuki Iwata (Tokyo International University) Ohta (WasedaMakoto University) HoriokaCharles Yuji (Osaka University) Takeaki Kariya University) (Meiji Takeaki HaradaYutaka (Waseda University) University) MizobataSatoshi (Kyoto Haruko Noguchi (Waseda University) E and state of individual in research departments. and procedure of budget allocation. equipment between the research departments of the etc., IER, the RCISSS, and the administration. organization. infrastructures. support. staff publication of information). output of the Institute overall and departments. individualresearch and international conferences and contribution society. to withliated a national institute affi university. the RCISSS such as the compilation,the RCISSS management, and use of statistical information. of the RCISSS. academic staff an information in terms of its center contribution academia to and society. from an overall organizational perspective. projectsresearch for and the Center Economic Institutions. and their supporting faculties (1) Research activities of the Institute(1) overall Budgeting(2) directly research, related to (1) The coordination of the use of computer (1) Evaluation in terms of personnel(2) and Evaluation in terms of facilities(3) and ciency of services and Evaluation of suffi (4) Network(5) and databases (including the (1) Examination of activities research (1) and Evaluation of contribution(2) national to Overall evaluation(3) of the as a research IER (1) Examination of the operations of (1) Examination(2) of the activities of the Overall evaluation(3) of the RICSSS as (1) Research system and activities research (1) Research level and output(2) of large-scale The support research (3) structure. (1) Overall evaluation of the institute activities(1) June 1997 March 1999 March October 2003 September2006 March 2013 1st 2nd 3rd March 2001 4th 5th 6th E E Shin-ichi (University Fukuda of Tokyo) (Hokkaido Tabata Shinichiro University) Osaka Ohtake (ISER, Fumio University) Masahiro Abe University) (Chuo for collection and processing of micro data and use of government statistics (particularly with use regard of to the facility users by from outside the University and promotion of joint research with parties outside the University) governance of the Institute as a base for joint use and joint research international joint research with the public and private sectors and contributions society, to as systems of a base for joint use and joint research (1) Management of the Institute as a base (1) The states(2) of the organization and Management of the Institute(3) as a base for The states of the(4) structure for exchange 7th
4 Publications and Other 55 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 4 Publications and Other 1 Message from the Director 2 Research Activities 3 International Network 5 About the Institute Contributions to Society 56 47 53 49 49 54 Y FY2015 B a b 3 13 71 57 58 57 73 B academic books, book chapters, and journal articles in Japanese and foreign languages. The following table reports nancial years. fi ve the number of publications in the last fi 28 54 9 7 8 19 15 M B and the 2 7 3 1 2 B Economic Review (Keizai Kenkyu) Energy Economics, Journal of Banking & Finance, American Economic Journal: Macroeconomics, Journal of Review of Economics of the Household, Journal of Siberian and Far Eastern Studies, History of Economic Ideas, F Y2011 FY2012 FY2015 FY2013 FY2014 F F Besides the 1. Number of students1. whose main advisor for member of the IER their doctoral thesis was staff a Number2. of students whose main academic member of the IER supervisor an academic is staff A B A A B C C E C Published in Published in Economic Research Series mentioned above, faculty staff s Economic Research Series mentioned above, faculty staff of the Institute of Economic Research actively are publishing b a Journal of Theoretical Politics... Economic Surveys, Review of Economic Dynamics, Economics Letters… A
Directions
Narita Airport Bus Keisei Skyliner Nippori Narita Express Yamanote Line
Keisei Bus ←To Takao Tachikawa Kunitachi Nishi-Kokubunji Kokubunji Shinjuku Chuo Line Nishi-Kunitachi Hitotsubashi Tokyo University Yagawa Tokyo Hamamatsucho Monorail Shinagawa To Kawasaki→ Yaho Nishifu Keikyu Nanbu Line
Haneda Airport Bus
From TOKYO (東京) or SHINJUKU (新宿) Station From NARITA AIRPORT (成田空港) Take the JR CHUO line (中央線) to KUNITACHI (国立) station in Limousine Bus ☆☆ the direction of TAKAO (高尾) station. Please note: if you board a Bus service to PALACE HOTEL TACHIKAWA (パレスホテル立川). TOKUBETSU KAISOKU (特別快速) train, be certain to change at Bus runs 3 times in the morning and 6 times in the afternoon. KOKUBUNJI (国分寺) station to a KAISOKU (快速) train, since the Pick up the bus at Bus Stops #11 or #2 located in Terminal 1; Tokubetsu Kaisoku does NOT stop at Kunitachi. Bus Stops # 6 or #16 located in Terminal 2; or Bus Stop # 4 Time: Approximately 1 hour from Tokyo; 40 minutes from Shinjuku. located in Terminal 3. From Tachikawa Station, take the JR Chuo line to Kunitachi in the direction of Tokyo, or take a taxi service (also available) to the campus. Time: Approximately 3 hours. From HANEDA AIRPORT (羽田空港) http://www.limousinebus.co.jp/en/platform_searches/index/2/102 Limousine Bus ☆☆ Bus service to TACHIKAWA RAILWAY STATION NORTH EXIT or KEISEI BUS (京成バス) ☆ PALACE HOTEL TACHIKAWA (パレスホテル立川) runs around once Bus service to TOKYO STATION YAESU GATE (東京駅八重洲口) per hour. Bus Stop #4 is located in the International Terminal. runs 3 times per hour. From Shinjuku station, take the JR Chuo From Tachikawa station, take the JR Chuo line to Kunitachi in the line to Kunitachi. Time: Approximately 2.5 hours (1.5 hours for direction of Tokyo. Taxi service is also available to the campus. the bus; 1 hour for the train). Time: Approximately 2 hours. http://www.keiseibus.co.jp/en/kousoku/nrt16.html http://hnd-bus.com/route/haijima.html NARITA EXPRESS (成田エクスプレス) train ☆ TOKYO MONORAIL (東京モノレール) ☆ Take the Narita Express train to Tokyo or Shinjuku station, and Take the Tokyo Monorail to HAMAMATSUCHO (浜松町) station, change to the JR Chuo line to Kunitachi. Time: Approximately 2 and change to the JR YAMANOTE (山手線) line in the direction of hours. Tokyo. From Tokyo station, take the JR Chuo line to Kunitachi. http://www.jreast.co.jp/e/nex/ Time: Approximately 1.5 hours. http://www.tokyo-monorail.co.jp/english/guidance/index.html ☆We recommend this route as the best way to get to the campus.
Campus Map
West Campus To JR Kunitachi Station
Research Centre for Information and Statistics of Social Science
Institute of Kanematsu Economic Research Auditorium Main Gate
University Library Daigaku Dori
International House
Hitotsubashi University About 10 minutes walk from the south exit of JR Kunitachi station.
佐野書院To JR Yaho Station
INSTITUTE OF ECONOMIC RESEARCH, HITOTSUBASHI UNIVERSITY 2016
INSTITUTE OF ECONOMIC RESEARCH HIT0TSUBASHI UNIVERSITY 2016
INSTITUTE OF ECONOMIC RESEARCH HITOTSUBASHI UNIVERSITY
http://www.ier.hit-u.ac.jp/English/
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