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Abstract Comparison between Japan and other advanced countries shows that the relative poverty rate is high in Japan, and that many of the poor households are those with a non-regular worker. As for mobility between income classes, the proportion of households remaining in the poor class for a...
Abstract This paper attempts to reinterpret the familiar approach to strategic public policies from the viewpoint of inefficiencies involved in oligopoly where firms engage in Cournot competition. To this end, we introduce tools called “quasi-reaction functions” and “quasi-supply curves”. These...
Abstract In the context of limited local government resources, cultural expenditures are often targeted for reduction. In Japan in particular, with its aging population, cultural expenditures have low priority. This paper examines whether or not local governments strategically influence each...
Abstract This paper examines the long-run impacts of selective (or sector-specific) commodity, payroll, and profit taxes in a two-sector endogenous growth model with sector-specific production externalities, in which one sector produces consumption goods and the other produces investment goods....
Abstract This paper examines misconfidence (over- or underconfidence) and marriage proposal strategies in a two-sided search model with non-transferable utility. Single agents are vertically heterogeneous—there exists a ranking of marital charm (types). It is shown that there are two...
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