Almost Ideal Demand System (AIDS) has a flexible functional form that can first order approximate any sets of demand functions derived from utility maximizing behavior. This flexibility, however, comes with a cost of estimating numerously many parameters, hindering practical use of this model....

The uniform price auction often allows financially constrained bidders to bid on, with auctioneersputting restrictions on bids to prevent bidders to pay a price that they cannot afford. For example, Google’s initial public offering (IPO) and Korea’s emission trade system auctions restrict...

In this study, we analyze suicide rates among OECD countries, with particular effort made to gain insight into how suicide in Japan is different from suicides in other OECD countries. Several findings emerged from fixed-effect panel regressions with country-specific time-trends. First, the...

In this paper, we investigate the nexus between life insurance and suicide behavior using OECD cross-country data from 1980 to 2002. Through semiparametric instrumental variable regressions with fixed effects, we find that for the majority of observations, there exists a positive relationship...

This paper contributes to the literature of suicide studies by presenting procedures for estimating the number of family members who lose their loved ones to suicide. Using Japanese data, three main findings emerge: first, there are approximately five bereaved family members per suicide; second,...

In this study, we analyze suicide rates among OECD countries with a particular effort made to gain insight into how suicide in Japan is different from suicides in other OECD countries. Several findings emerged from fixed effect panel regressions with country specific time-trend. First, the...

In this article, we review economic theories and empirical studies on the socioeconomic aspects of suicide. Through our survey, we would like to emphasize the importance of studying suicide by employing a "rational" approach that complements the medical perspective on suicide, which assumes...

This article investigates the abrupt jump in the number of suicide cases in Japan in 1998 and the subsequent persistency of this figure by utilizing a generalized decomposition formula. In particular, by considering the change in the demographic structure, we decompose the 1998 jump in the...

This paper contributes to the literature of suicide studies by presenting procedures and its estimates of the number of family members who lose their loved ones to suicide. Using Japanese aggregate level data, three main findings emerge: first, there are approximately five bereaved family...