Working papers since 2006
No.12: Naohito Abe, Chiaki Moriguchi and Noriko Inakura
"The Impact of the Great East Japan Earthquake on Commodity Prices:
New Evidence from High-Frequency Scanner Data"
PDF file
No.11: Naohito Abe and Kyosuke Shiotani
"Analysis of Price Level Heterogeneity across Households based on the Geary-Khamis Price Index"
PDF file
No.10: Xiangdan Piao
"Sweets or Alcohol? The Gender Battle within Japanese Families"
PDF file
No.9: Naohito Abe (in Japanese)
"An Empirical Analysis on Risks and Consumption Variations Facing Japanese Youth"
PDF file
No.8: Akiyuki Tonogi
"The Relation between Inventory Investment and Price Dynamics in a Distributive Firm"
PDF file
No.7: Kohei Aono (in Japanese)
"The Analysis of Japanese Monetary Policy～An Empirical Examination Using Tomorrow Next Data～"
PDF file
No.6: Akiyuki Tonogi (in Japanese)
"Empirical Analysis on Large-scale POS Data, and Implications for the Phillips Curve"
PDF file
No.5: SungJin Cho and John Rust
"Does Zero Interest Work as An Important Marketing Tool?"
PDF file
No.4: Takayasu Matsuoka
"Retail Price Stickiness, Market Structure and Distribution Channels"
PDF file
No.3: Naohito Abe and Kyosuke Shiotani
"Who faces higher prices?
-An empirical analysis based on Japanese homescan data-"
PDF file
No.2: Naohito Abe, Chiaki Moriguchi, and Noriko Inakura
"The Great East Japan Earthquake and its Short-run Effects on Household Purchasing Behavior"
PDF file
No.1: Tsutomu Watanabe
“Moderate but persistent deflation in Japan” (in Japanese)PDF file
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No.77: Atushi Ishikawa, Shouji Fujimoto, Tsutomu Watanabe, and Takayuki Mizuno
“Emergence of power laws with different power-law exponents
from reversal quasi-symmetry and Gibrat's law”
PDF file
No.76: Makoto Nirei
“Beauty Contests and Fat Tails in Financial Markets”
PDF file
No.75: S.Fujimoto, A.Ishikawa, T.Mizuno, and T.Watanabe
“A New Method for Measuring Tail Exponents of Firm Size Distributions”
PDF file
No.74: Ryo Kambayashi
“Nominal Wage Rigidity in Japan(1993-2006) Quasi-panel approach”
(in Japanese, abstract in English)
PDF file
No.73: Chih-nan Chen,Tsutomu Watanabe, and Tomoyoshi Yabu
“A New Method for Identifying the Effects of Foreign Exchange Interventions”
PDF file
No.72: Tsutomu Watanabe, Takayuki Mizuno, Atushi Ishikawa, and Shouji Fujimoto
“A New Method for Specifying Functional Form of Production Function” (in Japanese)
PDF file
No.71: Takayasu Matsuoka
“Price Rigidity and Market Structure:
Evidence from the Japanese Scanner Data” PDF file
No.70: Arata Ito, Tsutomu Watanabe, and Tomoyoshi Yabu
“Fiscal Policy Switching in Japan, the U.S., and the U.K.” PDF file
No.69:Chihiro Shimizu, Kiyohiko G. Nishimura and
Tsutomu Watanabe
“House Prices at Different Stages of the Buying/Selling Process”
PDF file
No.68:Tsutomu Watanabe and Takayuki Mizuno
“Fair or unfair pricing in internet auctions”(in Japanese)
PDF file
No.67:Tsutomu Watanabe
“Mild deflation at the zero lower bound on interest rates
”(in Japanese)
PDF file
No.66:Chihiro Shimizu and Tsutomu Watanabe
“On the nominal rigidities of housing rents”(in Japanese)
PDF file
No.65:Takaaki Ohnishi, Hideki Takayasu, Takatoshi Ito, Yuko Hashimoto,
Tsutomu Watanabe and Misako Takayasu
“On the Nonstationarity of the Exchange Rate Process”
PDF file
No.64:Makoto Nirei and Vladyslav Sushko
“Stochastic Herding by Institutional Investment Managers”
PDF file
No.63:Kohei Aono and Tokuo Iwaisako
“Forecasting Japanese Stock Returns with
Financial Ratios and Other Variables”
PDF file
No.62:Chihiro Shimizu, Kiyohiko G. Nishimura and
Tsutomu Watanabe
“Housing Prices in Tokyo: A Comparison of Hedonic and
Repeat Sales Measures”
PDF file
No.61:Takaaki Ohnishi, Takayuki Mizuno, Chihiro Shimizu and
Tsutomu Watanabe
“On the Evolution of the House Price Distribution”
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No.60:Jun-Hyung Ko and Koichi Murase
“The Great Moderation in the Japanese Economy ”
PDF file
No.59:Jun-Hyung Ko
“The Role of the IMF Under the Noise of Signals”
PDF file
No.58:Jun-Hyung Ko, Kensuke Miyazawa and Tuan Khai Vu
“News shocks and the Japanese macroeconomic fluctuations”
PDF file
No.57:Takayuki Mizuno, Makoto Nirei and Tsutomu Watanabe
“Closely Competing Firms and Price Adjustment:
Some Findings from an Online Marketplace”
PDF file
No.56:Takaaki Ohnishi, Takayuki Mizuno, Chihiro Shimizu and
Tsutomu Watanabe
“On the Evolution of the House Price Distribution”
PDF file
No.55:Ryohei Hisano and Takayuki Mizuno
“Sales Distribution of Consumer Electronics”
PDF file
No.54:Takayuki Mizuno, Makoto Nirei and Tsutomu Watanabe
“Competing Firms and Price Adjustment:
Evidence from an Online Marketplace”
PDF file
No.53: Hiroki Arato and Katsunori Yamada
“Japan's Intangible Capital and Valuation of
Corporations in a Neoclassical Framework”
PDF file
No.52: Chihiro SHIMIZU, Hideoki TAKATSUJI, Hiroya ONO
and Kiyohiko G. NISHIMURA
“Structural and Temporal Changes in the Housing Market and Hedonic Housing Price Indices ”
PDF file
No.51: Chihiro Shimizu and Koji Karato
“Estimation of Redevelopment Probability using Panel Data
-Asset Bubble Burst and Office Market in Tokyo-”
PDF file
No.50: Chihiro Shimizu and Tsutomu Watanabe
“Housing Bubble in Japan and the United States”
PDF file
No.49: Naohito Abe and Daiji Kawaguchi
“Incumbent's Price Response to New Entry:The Case of Japanese Supermarkets”
PDF file
No.48: Chihiro Shimizu, Kiyohiko G. Nishimura and Tsutomu Watanabe
“House Prices in Tokyo: A Comparison of
Repeat-Sales and Hedonic Measures”
PDF file
No.47: Naohito Abe (in Japanese)
“A study of income risks faced by recent young people”
PDF file
No.46: Takayuki Mizuno, Tsutomu Watanabe and Yukiko Umeno Saito
“Measuring Nominal and Real Rigidities of Prices: Some Methodological Issues”(in Japanese)
PDF file
No.45: Tsutomu Watanabe and Tomoyoshi Yabu
“Japan's Foreign Exchange Interventions during the Quantitative Easing Period”(in Japanese)
PDF file
No.44: Takayuki Mizuno, Makoto Nirei and Tsutomu Watanabe
“Real Rigidities: Evidence from an Online Marketplace”
PDF file
No.43: Kohei Aono and Tokuo Iwaisako
“On the Predictability of Japanese Stock Returns using Dividend Yield”
PDF file
No.42: Hiroki Arato and Tomoya Nakamura
“The welfare effect of disclosure through media: a zero-sum case”
PDF file
No.41: Chihiro Shimizu, Kiyohiko G. Nishimura and Tsutomu Watanabe
“Housing Prices and Rents in Tokyo: A Comparison of Repeat-Sales and Hedonic Measures”
PDF file
No.40: Takayuki Mizuno and Tsutomu Watanabe
“A statistical analysis of product prices in online markets”
PDF file
No.39: Katsuhiro Nishinari, Mitsuru Iwamura, Yukiko Umeno Saito and
Tsutomu Watanabe
“The bursting of housing bubble as jamming phase transition”
PDF file
No.38: Koji Sakai and Tsutomu Watanabe
“The Firm as a Bundle of Barcodes”
PDF file
No.37: Akiyuki Tonogi
“Factor Analysis of Price Changes Using a Large Scale POS Data” (in Japanese)
PDF file
No.36: Kenn Ariga and Ryo Kambayashi
“Employment and Wage Adjustments at Firms under Distress in Japan:
An Analysis Based upon a Survey”
PDF file
No.35: Kohei Aono
“The Effects of Monetary Policy on the Stock and Bond Markets
～An Empirical Examination Using Euro--Yen 3-month Future Rates～” (in Japanese)
PDF file
No.34: Tokuo Iwaisako, and Keiko Okada
“Understanding the Decline in the Japanese Saving Rate in the New Millennium”
PDF file
No.33: Tsutomu Watanabe
“Price Dynamics in Japan over the Last Quarter Century”(in Japanese)
PDF file
No.32: Chihiro Shimizu,Tsutomu Watanabe
“Housing Bubbles in Japan and US”(in Japanese)
PDF file
No.31: Takayasu Matsuoka
“Goodness-of-Fit Test for Price Duration Distributions”
PDF file
No.30: Chih-nan Chen,Tsutomu Watanabe, and Tomoyoshi Yabu
“A New Method for Identifying the Effects of Central Bank Interventions”
PDF file
No.29: Chihiro Shimizu, Kiyohiko G.Nishimura, Tsutomu Watanabe
“Residential Rents and Price Rigidity:Micro Structure and Macro Consequences”
PDF file
No.28: Tsutomu Watanabe, Tomoyoshi Yabu and Arata Ito
“Measuring Fiscal Multipliers during the Zero Interest Rate Period”(in Japanese)
PDF file
No.27:Naohito Abe, Akiyuki Tonogi and Tsutomu Watanabe
“Stickiness in Producer and Consumer Prices―Investigation through Survey and Scanner Data― ”(in Japanese)
PDF file
No.26: Ryo Kambayashi and Kenn Ariga
“Wage - Employment Adjustment and Price Setting Behavior” (in Japanese)
PDF file
No.25: Yuko Hashimoto, Takatoshi Ito, Takaaki Ohnishi,
Misako Takayasu, Hideki Takayasu, and Tsutomu Watanabe
“Random Walk or A Run
―Market Microstructure Analysis of the Foreign Exchange Rate Movements
based on Conditional Probability― ” PDF file
No.24: Takayuki Mizuno and Tsutomu Watanabe
“Why the Law of One Price Does Not Hold? Evidence from a Japanese Price
Comparison Site”(in Japanese)
PDF file
No.23: Koji Sakai
“Financing Behavior of Japanese Firms”(in Japanese)
PDF file
No.22: Yoko Konishi and Yoshihiko Nishiyama
“Tests of the Rank Size Rule Regression” (in Japanese)
PDF file
No.21: Naohito Abe and Noriko Inakura
“The Cause of Volatility in Panel Data of Household Expenditure ― A Study on Measurement Errors and Time Aggregation―”
(in Japanese)
PDF file
No.20: Tokuo Iwaisako
“Disagreement and Stock Prices in the JASDAQ ―An Empirical Investigation Using Market Survey Data” PDF file
No.19: Tokuo Iwaisako
“Disagreement and Stock Prices in the JASDAQ ―An Empirical Investigation Using Market Survey Data” (in Japanese)
PDF file
No.18: Naohito Abe and Akiyuki Tonogi
“Micro and Macro Price Dynamics over Twenty Years in Japan ―A Large Scale Study Using Daily Scanner Data―” PDF file
No.17: Yukiko Umeno Saito and Tsutomu Watanabe
“Menu Costs and Price Change Distributions: Evidence from Japanese Scanner Data” PDF file
No.16: Takayasu Matsuoka
“Unobserved Heterogeneity in Price-Setting Behavior:
a Duration Analysis Approach” PDF file
No.15: Naohito Abe and Akiyuki Tonogi (in Japanese)
“Price change frequency, bargain sales, and the CPI - An empirical
analysis based on large scale scanner data”
PDF file
No.14: Takayasu Matsuoka
“Microeconometric Analysis on Nominal Price Stickiness” (in Japanese)
PDF file
No.13: Yukiko Saito and Tsutomu Watanabe
“Firm Growth and Interfirm Network: Evidence from Japan” (in Japanese)
PDF file
No.12: Tsutomu Watanabe and Tomoyoshi Yabu
“The Great Intervention and Massive Money Injection: The Japanese Experience 2003-2004” PDF file
No.11: Kohei Aono
“On the Predictability of Japanese Stock Market” (in Japanese)
PDF file
No.10: Yukiko Umeno Saito, Tsutomu Watanabe and Mitsuru Iwamura
“Do Larger Firms Have More Interfirm Relationships?” PDF file
No.9:Kohei Aono and Tokuo Iwaisako
“The Consumption-Wealth Ratio and the Japanese
Stock Market” PDF file
No.8: Naohito Abe and Yessica C.Y. Chung
“Voluntary Information Disclosure and Corporate Governance
The Empirical Evidence on Earnings Forecasts” PDF file
No.7: Naohito Abe，Noriko Inakura (in Japanese)
“Consumption, Saving, and Labor Profiles in Japan”
PDF file
No.6: Naohito Abe and Ichiro Iwasaki
“IMPACTS OF CORPORATE GOVERNANCE AND PERFORMANCE ON MANAGERIAL TURNOVER IN RUSSIAN FIRMS” PDF file
No.5: Kenn Ariga, Giorgio Brunello, Roki Iwahashi and Lorenzo Rocco
“On the Efficiency Costs of De-tracking Secondary Schools” PDF file
No.4: Tamon Takamura, Tsutomu Watanabe
“The Liquidity Trap and Optimal Monetary Policy: A Survey”(In Japanese)
PDF file
No.3: Tamon Takamura, Tsutomu Watanabe, and Takeshi Kudo
“Optimal Monetary Policy at the Zero Interest Rate Bound: The Case of Endogenous Capital Formation.” PDF file
No.2: Arata Ito, Tsutomu Watanabe, and Tomoyoshi Yabu
“Fiscal Policy Switching: Evidence from Japan, US, and UK.” PDF file
No.1: Mitsuru Iwamura, Shigenori Shiratsuka, and Tsutomu Watanabe,
“Massive Money Injection in an Economy with Broad Liquidity Services: The Japanese Experience 2001-2006.” PDF file
