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Are the Japanese Selfish, Altruistic, Or Dynastic?
NBER WORKING PAPER SERIES ARE THE JAPANESE SELFISH, ALTRUISTIC, OR DYNASTIC? Charles Yuji Horioka Working Paper 8577 http://www.nber.org/papers/w8577 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 November 2001 This is the text of the 2001 JEA-Nakahara Prize Lecture, delivered at the fall meeting of the Japanese Economic Association at Hitotsubashi University on 7-8 October 2001. I am indebted to Fumiaki Asano, Takatoshi Ito, Yuko Kaneko, Miwa Kato, Nanae Machida, Kiminori Matsuyama, Colin McKenzie, Masashi Nishikawa, Shigejiro Nishimaki, Yoshiyasu Ono, Keunkwan Ryu, Dariusz Stanko, Wako Watanabe, Koji Yamashita, participants of the CIRJE/NBER/EIJS/CEPR Japan Project meeting, and especially Fumio Ohtake, Midori Wakabayashi, Ken Yamada, and an anonymous referee for their helpful comments and assistance. The research for this paper was supported by Grant-in-Aid for Scientific Research number 12124207 from the Ministry of Education, Culture, Sports, Science, and Technology of the Japanese Government. The views expressed herein are those of the author and not necessarily those of the National Bureau of Economic Research. © 2001 by Charles Yuji Horioka. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Are the Japanese Selfish, Altruistic, or Dynastic? Charles Yuji Horioka NBER Working Paper No. 8577 November 2001 JEL No. D12, D64, D91, E21 ABSTRACT In this paper, I analyze a variety of evidence for Japan and, where available, for the United States on bequest practices, on the importance and nature of bequest motives, on bequest division, on the willingness of individuals to help others, etc., in order to shed light on which model of household behavior applies in the two countries. -
Curriculum Vitae Akihiko Matsui Faculty of Economics, University of Tokyo E-Mail: Name: Amatsui, Domain: E.U-Tokyo.Ac.Jp
Curriculum Vitae Akihiko Matsui Faculty of Economics, University of Tokyo e-mail: name: amatsui, domain: e.u-tokyo.ac.jp Education B.A., Economics, University of Tokyo, 1985. Graduate Program, Economics, University of Tokyo, 1985-1987. Graduate Program, Managerial Economics and Decision Sciences, Northwestern University, 1987-2000. Ph.D., Managerial Economics and Decision Sciences, Northwestern University, 1990. Adviser: Itzhak Gilboa Dissertation Title: Cooperative Behavior in Noncooperative Games Professional Experiences Assistant Professor, Department of Economics, University of Pennsylvania, 1990-1994. Associate Professor, Department of Policy and Planning Sciences, University of Tsukuba, 1994-2001 (joint appointment with University of Tokyo, 1998-2001). Associate Professor, Faculty of Economics, University of Tokyo, 1998-2002. Professor, Faculty of Economics, University of Tokyo, 2002-present. Awards/Prizes Ouchi Hyoe Prize (B.A. thesis), 1985. Fulbright Scholarship, 1987-1989. W.P. Carey Term Chair, University of Pennsylvania, 1990-1993. Nikkei Book Award, 2003. JSPS (Japan Society for Promotion of Science) Prize, 2006. Japan Academy Medal, 2006. Nakahara Prize, 2007. Fellow, Econometric Society, 2008-. Publications (refereed journals) 1. Cho, I. K., & Matsui, A. Search, Adverse Selection and Market Clearing. forthcoming in International Economic Review. 2. Cho, I. K., & Matsui, A. (2017). Foundation of Competitive Equilibrium with non-transferable utility. Journal of Economic Theory, 170, 227-265. 3. Matsui, A. (2017). Disability and Economy: A Game Theoretic Approach. The Japanese Economic Review, 68(1), 5-23. 4. Cho, I. K., & Matsui, A. (2013). Search theory, competitive equilibrium, and the Nash bargaining solution. Journal of Economic Theory, 148, 1659-1688. 5. Kawagoe, T., & Matsui, A. (2012). Economics, Game Theory and Disability Studies. -
WEAI Program 2010-FINAL.Pub
Western Economic Association International Encouraging Excellence in Economics Since 1922 85th Annual Conference Program Hilton Portland & Executive Tower, Oregon Tuesday–Saturday, June 29–July 3, 2010 Participating Organizations • AEA Committee on the Status of Women in the Economics Profession • American Society of Hispanic Economists • Association for the Study of Religion, Economics, and Culture • Association of Indian Economics and Financial Studies • Chinese Economic Association of North America • Cliometric Society • Contemporary Economic Policy • Economists for Peace and Security • International Association of Sports Economists • International Banking, Economics and Finance Association • International Economics and Finance Society • Korea-America Economic Association • National Association of Forensic Economics • North American Association of Sports Economists • Society for the Advancement of Behavioral Economics START OR RENEW YOUR MEMBERSHIP TODAY! Western Economic Association International membership offers all of these great benefits... • Individual subscriptions to both • Reduced submission fee for your quarterly journals, Economic Inquiry individual paper submitted for and Contemporary Economic Policy presentation at either conference if (includes full collection online). you choose not to organize a • Reduced registration fees for the session. Annual Conference and for the • Manuscript submission fee is Biennial Pacific Rim Conference. waived for submitting your • Opportunity to organize your own conference paper to EI or CEP if sessions for both conferences with you do so within six months after the submission fees waived for all conference. included papers. • Reduced EI and CEP manuscript • Complimentary conference regis- submission fees for non- tration for either or both conference manuscripts. conferences if you are an • Discount on International Atlantic Institutional Member affiliate and Economic Society membership. organize a session. -
Curriculum Vitae Akihiko Matsui Faculty of Economics, University of Tokyo E-Mail: Name: Amatsui, Domain: E.U-Tokyo.Ac.Jp
Curriculum Vitae Akihiko Matsui Faculty of Economics, University of Tokyo e-mail: name: amatsui, domain: e.u-tokyo.ac.jp Education z B.A., Economics, University of Tokyo, 1985. z Graduate Program, Economics, University of Tokyo, 1985-1987. z Graduate Program, Managerial Economics and Decision Sciences, Northwestern University, 1987-2000. z Ph.D., Managerial Economics and Decision Sciences, Northwestern University, 1990. Adviser: Itzhak Gilboa Dissertation Title: Cooperative Behavior in Noncooperative Games Professional Experiences z Assistant Professor, Department of Economics, University of Pennsylvania, 1990-1994. z Associate Professor, Department of Policy and Planning Sciences, University of Tsukuba, 1994-2001 (joint appointment with University of Tokyo, 1998-2001). z Associate Professor, Faculty of Economics, University of Tokyo, 1998-2002. z Professor, Faculty of Economics, University of Tokyo, 2002-present. Awards/Prizes z Ouchi Hyoe Prize (B.A. thesis), 1985. z Fulbright Scholarship, 1987-1989. z W.P. Carey Term Chair, University of Pennsylvania, 1990-1993. z Nikkei Book Award, 2003. z JSPS (Japan Society for Promotion of Science) Prize, 2006. z Japan Academy Medal, 2006. z Nakahara Prize, 2007. z Fellow, Econometric Society, 2008-. Publications (refereed journals) 1. Tetsuo Yamamori, Kazuhiko Kato, and Akihiko Matsui, “When You Ask Zeus a Favor: The Third Party’s Voice in a Dictator Game,” Japanese Economic Review, forthcoming. 2. Tetsuo Yamamori, Kazuhiko Kato, Toshiji Kawagoe, and Akihiko Matsui, “Voice Matters in a Dictator Game,” Experimental Economics, vol.11, 336-343, 2008. 3. Akihiko Matsui, “A Theory of Man as a Creator of the World,” Japanese Economic Review, vol.59, 19-32, 2008. 4. Akihiko Matsui and Daisuke Oyama, “Rationalizable Foresight Dynamics,” Games and Economic Behavior, vol.56 pp.299-322, 2006. -
Economic Associations the Union of National in Japan
No.29 ISSN 0289 - 8721 NAL ECO IO N T O Information Bulletin of A M N I C F A O The Union of National S N S O O I C N I A Economic Associations U T E I O H T N S in Japan 日本経済学会連合 2009 Editorial Committee Tomonori NAKAMURA, Meiji University Yasuyoshi KUROKAWA, Senshu University Jota ISHIKAWA, Hitotsubashi University Shozo INOUYE, Rikkyo University Yoshio MAYA, Nihon University Yuji OSHITA, Hosei University Yoshiharu KUWANA, J.F.Oberlin University Koji YOSHIMURA, Meiji University Yuji YUI, Seijo University Toshio UEMURA, Asia University Hiroshi SAIGO, Waseda University Kazusei KATO, Nihon University Directors of the Union President Kenichi ENATSU, Waseda University Yasuo OKAMOTO, University of Tokyo Toshio KIKUCHI, Nihon University Mitsuhiko TSURUTA, Meiji University Yasuhiro OGURA, Toyo University Hiroshi OTSUKI, Waseda University Ryuhei WAKASUGI, Kyoto University Fumihiko HIRUMA, Waseda University Yukiko FUKAGAWA, Waseda University Kenji AKIYAMA, Kanagawa University Secretary General Masataka OTA, Waseda University Auditor Yoshiaki TAKAHASHI, Chuo University Takashi HASHIMOTO, Aoyama Gakuin University Emeritus Takashi SHIRAISHI, Keio University Osamu NISHIZAWA, Waseda University THE UNION OF NATIONAL ECONOMIC ASSOCIATIONS IN JAPAN 日本経済学会連合 The Union of National Economic Associations in Japan, established in 1950, celebrated its 50th anniversary in 2000, as the sole nationwide federation of associations of scholars and experts on economics, commerce, and business administration. In order to obtain membership an association is subject to an examination of its academic work. As of 2009, the Union had a membership of 63 associations, as listed on pp.100-120. The aims and objectives of the Union are to support the scholarly activities of its member associations and to promote academic exchanges both among members themselves, and between Japanese and academic societies overseas. -
RIETI Highlight Vol.63
2017 SPECIAL EDITION 63 The Research Institute of Economy, Trade and Industry (RIETI) is a policy think tank established in 2001. Our mission is to conduct theoretical and empirical research, Special BBL Seminar by the President to maximize synergies with those engaged in policymaking, and to make policy proposals based on evidence derived from such research activities. For such activities, RIETI has developed an excellent reputation both in Japan and abroad. Website: http://www.rieti.go.jp/en/ Law and Facebook: https://www.facebook.com/en.RIETI Economics on Market Quality RIETI Policy Symposium Frontier of Inter-firm Network Analysis: Makoto Yano Power of network and geographical friction President and Chief Research Ofcer (CRO), RIETI Research Activities RIETI Research Framework for the Fourth Medium-Term Period Message from the Chairman 2017 Special Edition 63 he global economy remains sluggish in part due to an oversupply Contents of oil and other resources and their resulting low prices. In the meantime, declining birthrates and aging populations in major T countries are weakening their potential growth rates due to Message from the Chairman 1 structural reasons. It has become increasingly necessary to undertake monetary and fiscal policies and structural reform to reinvigorate economies. SPECIAL BBL SEMINAR Law and Economics on Market Quality 2 One example is the Japanese economy, which has been seesawing up BY THE PRESIDENT and down despite favorable conditions such as monetary easing and low oil prices. Employment and income figures continue to improve, whereas the SPECIAL REPORT RIETI-CEPR Brexit Symposium in Japan Brexit: On the future of the UK and the global economy 7 slack global economy and strong yen have constrained the growth of exports and production. -
My Full Vita in Pdf Format
October 2010 CURRICULUM VITAE Fumio Hayashi Office Address: Graduate School of International Corporate Strategy Hitotsubashi University National Center of Sciences 2-1-2 Hitotsubashi, Chiyoda-ku, Tokyo 101-8439, Japan Fax: 81-3-4212-3020 Principal Current Positions: Professor, Hitotsubashi University Research Associate, National Bureau of Economic Research, Inc. (since 1986) Principal Past Positions: 2010 Advisor, Canon Institute for Global Studies 2005 Advisor, Banque AIG 1995 Professor, Department of Economics, University of Tokyo 2000 Visiting Professor, Department of Economics, Harvard University 1993 Carl Sumner Shoup Professor of Japanese Economy, Department of Economics, Columbia University 1989 Adviser, Research Department, Federal Reserve Bank of Minneapolis 1988 Professor of Economics, Department of Economics, University of Pennsylvania 1986 Visiting Professor, London School of Economics 1985 Assistant Professor, Department of Economics, Osaka University 1982 Assistant Professor, Institute of Socio-Economic Planning, University of Tsukuba, Japan 1980 Assistant Professor, Department of Economics, Northwestern University Education: B.A. (Economics) Department of Economics, University of Tokyo (March 1975) Ph. D. (Economics) Department of Economics, Harvard University (June 1980) Ph. D. Thesis "Consumption, Optimization, and Rational Expectations" (May 1980) Undergraduate Teaching Experience in the U.S.: Intermediate Macro, Intermediate Micro, Econometrics, Applied Econometrics, Mathematics for Economists (at Northwestern University); -
Kyoto University
KIER 2016-2017 Overview of Institute of Economic Research Kyoto University Kyoto University CONTENTS ◆2016-2017 Overview of Institute of Economic Research Kyoto University Foreword ……………………………………………………………………………………………01 Organization and Research Staff………………………………………………………………02 Actual Staff…………………………………………………………………………………………03 List of Directors……………………………………………………………………………………03 List of Professors Emeriti…………………………………………………………………………03 Research Divisions and Centers Economic Information Analysis Division …………………………………………………04 Economic Institution Division…………………………………………………………………04 Strategic Economic Studies Division………………………………………………………05 Finance Research Division……………………………………………………………………05 Research Center for Economics of Complex Systems…………………………………06 Research Center for Advanced Policy Studies …………………………………………06 Contemporary Economic Analysis Division (Visiting Researchers)…………………07 Joint Usage / Research center “International Joint Research Center of Advanced Economic Theory” …………07 International Research Unit of Integrated Complex System Science (IRU-ICSS) …07 Social Science Unit for Research and Education…………………………………………08 International Research Unit of Advanced Future Studies (IRU-AFS)…………………08 Research Unit for Development of Global Sustainability…………………………………08 ICAM Kyoto Branch………………………………………………………………………………08 Social Contribution ………………………………………………………………………………09 Track Record………………………………………………………………………………………16 Library ………………………………………………………………………………………………18 Finances ……………………………………………………………………………………………19 Chronological Table………………………………………………………………………………20 -
Endogenous Exchange Rate Fluctuations Under the Flexible Exchange Rate Regime
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, NBER-EASE Volume 3 Volume Author/Editor: Takatoshi Ito and Anne Krueger, editors Volume Publisher: University of Chicago Press Volume ISBN: 0-226-38669-4 Volume URL: http://www.nber.org/books/ito_94-1 Conference Date: June 17-19, 1992 Publication Date: January 1994 Chapter Title: Endogenous Exchange Rate Fluctuations under the Flexible Exchange Rate Regime Chapter Author: Shin-ichi Fukuda Chapter URL: http://www.nber.org/chapters/c8533 Chapter pages in book: (p. 203 - 225) 8 Endogenous Exchange Rate Fluctuations under the Flexible Exchange Rate Regime Shin-ichi Fukuda 8.1 Introduction In the past two decades, we have experienced in the foreign exchange mar- kets significant temporary fluctuations in the exchange rates of major currenc- ies. For example, by plotting the movements of the yeddollar exchange rate after 1973, we can see a clear downward trend in this exchange rate in the long run. However, we can also see that the trend was not monotonic in the short run and that there were significant temporary fluctuations around the trend (see fig. 8.1). The purpose of this paper is to investigate why the exchange rate shows such significant temporary fluctuations. The model of the following analysis is based on a model of money in the utility function with liquidity-in- advance. Following Fukuda (1990), we investigate the dynamic properties of a small open economy version of this monetary model. The methodology used in the following analysis is an application of the theory of “chaos.” In the previous literature, Benhabib and Day (1982), Day (1982, 1983), and Stutzer (1980) are the first attempts to study chaotic phe- nomena in economic models. -
Shuhei TAKAHASHI
Curriculum Vitae October 2020 Shuhei TAKAHASHI Office Address Institute of Economic Research Kyoto University Yoshida Honmachi, Sakyo-ku Kyoto, 606-8501, Japan Email: [email protected] Homepage: https://sites.google.com/site/shuheitakahashi Employment Associate Professor, Institute of Economic Research, Kyoto University, June 2017-present Assistant Professor, Institute of Economic Research, Kyoto University, July 2012-May 2017 Other Positions Research Fellow, The Canon Institute for Global Studies, January 2019-present Visiting Associate Professor, University of Tokyo, July 2018-March 2019 Education Ph.D., Economics, The Ohio State University, June 2012 M.A., Economics, The Ohio State University, August 2007 M.A., Economics, University of Tokyo, March 2006 B.A., Integrated Human Studies, Kyoto University, March 2004 Dissertation “Essays on Business Cycles and Micro-Level Regularities” Dissertation Supervisors: Bill Dupor and Aubhik Khan Areas of Specialization Research: Macroeconomics, Computational Economics, Japanese Economy Graduate Teaching: Macroeconomics, Computational Economics Undergraduate Teaching: Macroeconomics, Japanese Economy, Money and Banking Published Papers “A Note on the Uniqueness of Steady-State Equilibrium under State-Dependent Wage Setting,” Macroeconomic Dynamics, forthcoming. “Time-Varying Wage Risk, Incomplete Markets, and Business Cycles,” Review of Economic Dynamics, 37, 195-213, 2020. Shuhei TAKAHASHI Page 1/5 Curriculum Vitae October 2020 “The Effectiveness of Consumption Taxes and Transfers as Insurance against Idiosyncratic Risk,” (with Tomoyuki Nakajima), Journal of Money, Credit, and Banking, 52 (2-3), 505-530, 2020. “The Optimum Quantity of Debt for Japan,” (with Tomoyuki Nakajima), Journal of the Japanese and International Economies, 46, 17-26, 2017. “State Dependency in Price and Wage Setting,” International Journal of Central Banking, 13 (1), 151-189, 2017. -
Ryo Okui Awarded the 2020 Japanese Economic Association Nakahara Prize
The Japanese Economic Review (2021) 72:167–168 https://doi.org/10.1007/s42973-020-00069-1 ANNOUNCEMENT Ryo Okui awarded the 2020 Japanese Economic Association Nakahara Prize Mototsugu Shintani1 Published online: 2 January 2021 © Japanese Economic Association 2021 The Japanese Economic Association (JEA) Nakahara Prize was created in 1995 with a donation from Mr. Nobuyuki Nakahara. The prize was established to honour researchers in economics under the age of 45 who have made signifcant contribu- tions that are internationally recognized. It is a great pleasure to announce that the 2020 JEA Nakahara Prize has been awarded to Professor Ryo Okui, for his contribution to theoretical econometrics related to the choice of optimal instruments under many moment conditions. Born in 1975, Professor Okui earned a bachelor’s degree in Economics from Kyoto Uni- versity in 1998, a master’s degree in Economics from Kyoto University in 2000, and a Ph.D. in Economics from the University of Pennsylvania in 2005. He is currently an Associate Professor of Economics at Seoul National University. Professor Okui works in the research feld of econometric theory, which is centered on micro econo- metrics and panel data analysis, as well as in the feld of experimental economics. First, in a series of papers, Professor Okui examines the choice of optimal instru- mental variables in the context of bias-variance trade-ofs by approximating mean squared errors (MSE) of instrumental variables estimators in an environment where many possible instrumental variables are available. Okui (2009) considers a model of dynamic panel data, and it is the very frst paper that has derived MSE in such models. -
Curriculum Vitae Akihiko Matsui Faculty of Economics, University of Tokyo E-Mail: Name: Amatsui, Domain: E.U-Tokyo.Ac.Jp
Curriculum Vitae Akihiko Matsui Faculty of Economics, University of Tokyo e-mail: name: amatsui, domain: e.u-tokyo.ac.jp Education B.A., Economics, University of Tokyo, 1985. Graduate Program, Economics, University of Tokyo, 1985-1987. Graduate Program, Managerial Economics and Decision Sciences, Northwestern University, 1987-2000. Ph.D., Managerial Economics and Decision Sciences, Northwestern University, 1990. Adviser: Itzhak Gilboa Dissertation Title: Cooperative Behavior in Noncooperative Games Professional Experiences Assistant Professor, Department of Economics, University of Pennsylvania, 1990-1994. Associate Professor, Department of Policy and Planning Sciences, University of Tsukuba, 1994-2001 (joint appointment with University of Tokyo, 1998-2001). Associate Professor, Faculty of Economics, University of Tokyo, 1998-2002. Professor, Faculty of Economics, University of Tokyo, 2002-present. Awards etc. Ouchi Hyoe Prize (B.A. thesis), 1985. Fulbright Scholarship, 1987-1989. W.P. Carey Term Chair, University of Pennsylvania, 1990-1993. Nikkei Book Award, 2003. JSPS (Japan Society for Promotion of Science) Prize, 2006. Japan Academy Medal, 2006. Nakahara Prize, 2007. Fellow, Econometric Society, 2008-. President, Japan Economic Association, 2016-2017 Publications (refereed journals) 1. In-Koo Cho and Akihiko Matsui, “Search, Adverse Selection and Market Clearing,” International Economic Review, 59, 1437-1467, 2018. 2. In-Koo Cho and Akihiko Matsui, “Foundation of Competitive Equilibrium with non-transferable utility,” Journal of Economic Theory, 170, 227-265, 2017. 3. Akihiko Matsui, “Disability and Economy: A Game Theoretic Approach,” The Japanese Economic Review, 68(1), 5-23, 2017. 4. In-Koo Cho and Akihiko Matsui, Search theory, competitive equilibrium, and the Nash bargaining solution. Journal of Economic Theory, 148, 1659-1688, 2013.