Japanese Economic Review最新文献

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":"73 3","pages":"483-513"},"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

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

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

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":"73 1","pages":"61-82"},"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

Online learning during school closure due to COVID-19. 2019冠状病毒病停课期间的在线学习。

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2021-01-01 Epub Date: 2021-06-10 DOI: 10.1007/s42973-021-00079-7

Masato Ikeda, Shintaro Yamaguchi

引用次数: 10

Introduction to the special issue "The Impacts of COVID-19 on the Japanese Economy". 《新冠肺炎对日本经济的影响》特刊简介。

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2021-01-01 Epub Date: 2021-06-14 DOI: 10.1007/s42973-021-00082-y

Yasushi Iwamoto, Daisuke Miyakawa, Fumio Ohtake

引用次数: 3

Structure of epidemic models: toward further applications in economics. 流行病模型的结构:在经济学中的进一步应用。

IF 1.2 4区经济学

Japanese Economic Review Pub Date : 2021-01-01 Epub Date: 2021-08-31 DOI: 10.1007/s42973-021-00094-8

Toshikazu Kuniya

{"title":"Structure of epidemic models: toward further applications in economics.","authors":"Toshikazu Kuniya","doi":"10.1007/s42973-021-00094-8","DOIUrl":"https://doi.org/10.1007/s42973-021-00094-8","url":null,"abstract":"In this paper, we review the structure of various epidemic models in mathematical epidemiology for the future applications in economics. The heterogeneity of population and the generalization of nonlinear terms play important roles in making more elaborate and realistic models. The basic, effective, control and type reproduction numbers have been used to estimate the intensity of epidemic, to evaluate the effectiveness of interventions and to design appropriate interventions. The advanced epidemic models includes the age structure, seasonality, spatial diffusion, mutation and reinfection, and the theory of reproduction numbers has been generalized to them. In particular, the existence of sustained periodic solutions has attracted much interest because they can explain the recurrent waves of epidemic. Although the theory of epidemic models has been developed in decades and the development has been accelerated through COVID-19, it is still difficult to completely answer the uncertainty problem of epidemic models. We would have to mind that there is no single model that can solve all questions and build a scientific attitude to comprehensively understand the results obtained by various researchers from different backgrounds.","PeriodicalId":45642,"journal":{"name":"Japanese Economic Review","volume":"72 4","pages":"581-607"},"PeriodicalIF":1.2,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8405350/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39386303","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: 3