Japanese Economic Review最新文献

Can e-commerce mitigate the negative impact of COVID-19 on international trade? 电子商务能否缓解新冠肺炎疫情对国际贸易的负面影响?

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2023-01-01 DOI: 10.1007/s42973-021-00099-3

Kazunobu Hayakawa, Hiroshi Mukunoki, Shujiro Urata

引用次数: 12

Ambiguity and self-protection: evidence from social distancing under the COVID-19 pandemic. 模糊性与自我保护：COVID-19 大流行病下社会疏远的证据。

IF 1.5 4区经济学

Japanese Economic Review Pub Date : 2022-10-01 DOI: 10.1007/s42973-022-00120-3

Daiki Kishishita, Hans H Tung, Charlotte Wang

引用次数: 0

Tourism infrastructure and the environment: how does environmental regulation affect welfare, tourism industry, and domestic wage inequality? 旅游基础设施与环境：环境监管如何影响福利、旅游业和国内工资不平等？

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2022-01-07 DOI: 10.1007/s42973-021-00109-4

Takanori Shimizu, Hisayuki Okamoto

{"title":"Tourism infrastructure and the environment: how does environmental regulation affect welfare, tourism industry, and domestic wage inequality?","authors":"Takanori Shimizu, Hisayuki Okamoto","doi":"10.1007/s42973-021-00109-4","DOIUrl":"10.1007/s42973-021-00109-4","url":null,"abstract":"This study presents a general equilibrium model of a small open developing economy with pollution generated by the tourism industry. The national government issues emission permits and constructs tourism infrastructure for the tourism sector. We examine the effects of a stricter environmental regulation on welfare, production, and income distribution. If the elasticity of substitution in the tourism sector is sufficiently low, a stricter environmental regulation paradoxically expands the tourism sector and narrows domestic wage inequality, even under constant tourism terms of trade. In this model, in addition to the two traditional channels, there is a new channel through which a stricter environmental regulation affects the tourism terms of trade and domestic welfare. The new channel, which arises from the difference between the marginal value product of tourism infrastructure and its price, improves the tourism terms of trade and domestic welfare if (1) the marginal value product of tourism infrastructure is greater than its price, (2) the output of tourism infrastructure is increased by a stricter environmental regulation, and (3) the excess supply of a tourism service decreases with a stricter environmental regulation.","PeriodicalId":45642,"journal":{"name":"Japanese Economic Review","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2022-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8736332/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39812518","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Racers' attractive looks, popularity, and performance: how do speedboat racers react to fans' expectations? 赛艇手的魅力、人气和表现:赛艇手如何回应粉丝的期待?

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2022-01-01 Epub Date: 2020-11-17 DOI: 10.1007/s42973-020-00064-6

Eiji Yamamura, Ryohei Hayashi, Yoshiro Tsutsui, Fumio Ohtake

引用次数: 2

Toward market design in practice: a progress report. 走向市场设计实践:进展报告。

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2022-01-01 Epub Date: 2021-10-04 DOI: 10.1007/s42973-021-00103-w

Fuhito Kojima, Hiroaki Odahara

引用次数: 0

High-frequency identification of monetary policy shocks in Japan. 日本货币政策冲击的高频识别。

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2022-01-01 Epub Date: 2022-01-24 DOI: 10.1007/s42973-021-00110-x

Hiroyuki Kubota, Mototsugu Shintani

{"title":"High-frequency identification of monetary policy shocks in Japan.","authors":"Hiroyuki Kubota, Mototsugu Shintani","doi":"10.1007/s42973-021-00110-x","DOIUrl":"https://doi.org/10.1007/s42973-021-00110-x","url":null,"abstract":"We identify monetary policy shocks in Japan during the unconventional monetary policy period using high-frequency data for interest rate futures. Following the empirical strategy of Gürkaynak et al. (Int J Cent Bank 1: 55-93, 2005), we conduct an event-study analysis to estimate the effects of the monetary policy surprises on asset prices around the timing of policy announcements made by the Bank of Japan between 1999 and 2020. We find that a monetary policy shock can be described by two factors that have statistically significant effects on the financial market. A surprise monetary tightening has negative effects on stock returns and positive effects on government bond yields, even in the low-interest environment. We also find that the responses of the longer term yields tend to be larger than those of the shorter term yields. The response is the largest for the 10-year government bond yield, which has, in the last 2 decades, been effectively targeted by the Bank of Japan. This finding contrasts with those of previous studies of the conventional monetary policy period, in which responses are larger for the shorter term yields.","PeriodicalId":45642,"journal":{"name":"Japanese Economic Review","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8785384/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39871374","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

Correction to: COVID‑19 and output in Japan. 更正:COVID - 19和日本的产出。

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2022-01-01 Epub Date: 2021-10-14 DOI: 10.1007/s42973-021-00104-9

Daisuke Fujii, Taisuke Nakata

引用次数: 1

Mari Tanaka awarded for the 2021 Japanese Economic Association award for young female researchers sponsored by the Nippon Life Insurance Company. Mari Tanaka获得了由日本人寿保险公司赞助的2021年日本经济协会年轻女性研究人员奖。

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2022-01-01 Epub Date: 2022-02-01 DOI: 10.1007/s42973-022-00111-4

Haruko Noguchi

引用次数: 0

Can nudges save lives? 轻推能拯救生命吗?

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2022-01-01 Epub Date: 2021-09-07 DOI: 10.1007/s42973-021-00095-7

Fumio Ohtake

引用次数: 4

Watching, being watched, and human interactions: evidence from trust games. 观察、被观察和人类互动:来自信任游戏的证据。

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2022-01-01 Epub Date: 2021-09-24 DOI: 10.1007/s42973-021-00087-7

Kiyotaka Yageta

{"title":"Watching, being watched, and human interactions: evidence from trust games.","authors":"Kiyotaka Yageta","doi":"10.1007/s42973-021-00087-7","DOIUrl":"https://doi.org/10.1007/s42973-021-00087-7","url":null,"abstract":"Face-to-face communication increases human trust, which is crucial for making important decisions with others. Due to technological breakthroughs and the COVID-19 pandemic, human interactions now predominantly occur online, leading to two situations: other peoples' faces cannot be seen, but yours can, and vice versa. However, the relationships among watching, being watched, and face-to-face interaction are unclear in existing papers. This paper separately measures the effects of both watching and being watched on human interactions using a trust game. I derive the optimal behaviors of senders and receivers in the trust game and empirically validate it through a controlled experiment. The results show that more than half of the participants perform the optimal behavior. They also indicate that both watching and being watched enhance human trust and reciprocity, while the synergy effect of face-to-face is not observed. Additionally, women reciprocate more when they are watched, and trust increases when participants are paired with the opposite gender and can watch their partner. This paper theoretically concludes that the former comes from women's social pressure that they should be reciprocators, and the latter from participants' beliefs that the opposite gender reciprocates more than the same gender does. These results propose a framework based on watching and being watched affecting human behaviors and emphasize the importance of face-to-face communication in online human interactions.","PeriodicalId":45642,"journal":{"name":"Japanese Economic Review","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8460397/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39467291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0