We examine how Japanese parents evaluate the current education system and assess possible reforms, based on a nationwide parent survey. Parents who have higher educational background, occupational status, and household income and expect higher education attainment from their children tend to be...

We attempt to examine the extent to which poverty in childhood adversely affects success in adulthood, using micro data from nationwide surveys in Japan and taking into account the recursive structure of life outcomes. We use retrospective assessments of income class at the age of 15, because...

Evidence on the effect of the social security earnings test on the labor supply of the elderly continues to be mixed. We utilize microlevel data compiled by the Japanese government in order to examine the labor supply effect for those aged 6569 before and after two majo reforms of the social...

We attempt to examine the extent to which poverty in childhood adversely affects success in adulthood, using micro data from nationwide surveys in Japan and taking into account the recursive structure of life outcomes. We use retrospective assessments of income class at the age of 15, because...

This article calculates the production function of education for combined junior and senior high schools (âcombined high schoolsâ) in the capital and Kinki regions. The results of the empirical analysis conducted lead to the following three conclusions. First, at all combined high schools in...

We construct a continuous-time overlapping-generations model with labor market friction in order to examine the relationship between bubbles, economic growth, and unemployment. We show that the existence of bubbles is contingent upon the equilibrium unemployment rate. Asset bubbles can (not)...

This study investigates the market for traditional dress in Japan in the second half of the 20th century. The textile industry has been regarded as a gdecliningh or mature industry in Japan since around the 1970s, and imports from developing countries with lower wages have increased rapidly....