The poor live paycheck to paycheck and are repeatedly exposed to strong cyclical income fluctuations. We investigate whether such income fluctuations affect risk preference among the poor. If risk preference temporarily changes around payday, optimal decisions made before payday may no longer be...

In Japan, as in other developed countries, smoking rates have been decreasing among men but it has been increasing among women. The prevalence of smoking may relate to accompanying gender differences in the labor market. The purpose of this paper is to empirically examine how occupation affects...

There are some problems with the standard errors of QALY weights proposed by Groot (2000, Journal of Health Economics 19). The standard errors show smaller values than those of Groot when we recalculate using his method. Moreover, we correct the derivation of his approximation and derive...

Background: For the past two decades, more and more women in certain European countries, Japan, and the United States are giving birth to their first child at a considerably later age than ever before. It remains unclear as to what extent this age-related general fertility decline is affected by...

We investigate whether individuals' risk preferences change after experiencing a natural disaster, specifically, the 2011 Great East Japan Earthquake. Exploiting the panels of nationally representative surveys on risk preferences, we find that men who experienced greater intensity of the...

The poor live paycheck to paycheck and are repeatedly exposed to strong cyclical income fluctuations. We investigate whether such income fluctuations affect risk preference among the poor. If risk preference temporarily changes around payday, optimal decisions made before payday may no longer be...