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Online experimental auctions
El Haji, Anouar; Lusk, Jayson L.; Mermer, Ayse; … - 2023
For companies, it is essential to obtain information about customers' preferences to successfully market their products and services. Experimental auctions are a promising method for acquiring such information considering that they are incentive compatible and non-hypothetical. Their...
Persistent link: https://www.econbiz.de/10014390433
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Impact of infrastructure investment on tax: Estimating spillover effects of the Kyushu high-speed rail Line in Japan on regional tax revenue
Yoshino, Naoyuki; Abidhadjaev, Umid - 2016
the economy has often been debated. We estimated its impact in the Kyushu region of Japan by using the difference … impact not only in the case of Japan but also in other cases such as Uzbekistan. …
Persistent link: https://www.econbiz.de/10011653776
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Three arrows of "Abenomics" and the structural reform of Japan: Inflation targeting policy of the Central Bank, fiscal consolidation, and growth strategy
Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - 2014
"Abenomics" refers to the economic policies advocated by Prime Minister Shinzo Abe who became prime minister of Japan … experienced Japan's rapid growth of retired people. In this paper we will explain these three aspects of Abenomics and the current … state of the Japanese economy, and examine what further remedies may be required if Japan is to recover from its long …
Persistent link: https://www.econbiz.de/10011310989
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Local government finance in Japan : Can irresponsible borrowing be avoided?
Yoshino, Naoyuki; Robaschik, Frank - 2004
Rapidly rising local government debt in Japan presents a nontrivial addition to the central government debt. The …
Persistent link: https://www.econbiz.de/10010296985
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The effectiveness of Japan's negative interest rate policy
Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad; Miyamoto, … - 2017
In April 2013, the Bank of Japan (BOJ) introduced an inflation target of 2% with the aim of overcoming deflation and … reduce its 2% inflation target in the present low oil price era. Secondly, it argues that Japan cannot make a sustainable … interest rates are set too low. Japan's long-term recession is due to structural problems that cannot be solved by its current …
Persistent link: https://www.econbiz.de/10011688675
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Reforming the fee structure of investment trusts to increase demand
Yoshino, Naoyuki; Aoyama, Naoko - 2017
Since 1998, sales channels for investment trusts have expanded in Japan. We expected this to result in greater demand … Japanese markets. Investment trusts are the vehicle for seizing world economic trends. However, the performance of Japan …
Persistent link: https://www.econbiz.de/10011688681
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Impact of Fukushima nuclear disaster on oil-consuming sectors of Japan
Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki; … - 2017
The Fukushima Daiichi nuclear disaster was an accident at the Fukushima I Nuclear Power Plant in Fukushima, Japan …-long nuclear shutdown in the country. During the shutdown, Japan substituted fossil fuels for nuclear power and became more … elasticity of oil consumption to crude oil price before and after the Fukushima disaster in Japan's various economic sectors. To …
Persistent link: https://www.econbiz.de/10011688682
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Decreased effectiveness of fiscal and monetary policies in Japan's aging society
Yoshino, Naoyuki; Miyamoto, Hiroaki - 2017
This paper studies how an aging population affects economic performance and the effectiveness of fiscal and monetary policies. We develop a New Keynesian dynamic stochastic general equilibrium model with heterogeneous households, workers, and retirees. We demonstrate that an increase in the...
Persistent link: https://www.econbiz.de/10011688714
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Economic burden of neurological disorders in an aging society (Japan): A panel data analysis
Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki; Mortha, Aline - 2020
Japan's aging population poses a variety of problems, one of which is the increase in neurological disorders. In this … of labor shortages. Nevertheless, given the aging trend in Japan and many other G20 economies, increasing R&D and private …
Persistent link: https://www.econbiz.de/10012609987
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Financial literacy and fintech adoption in Japan
Yoshino, Naoyuki; Morgan, Peter J. - 2020
services in Japan, using data from a survey conducted by the Bank of Japan, including 25,000 individuals aged from 18 to 79. We …
Persistent link: https://www.econbiz.de/10012609990