Using a detailed calibrated general equilibrium model, we evaluate the effects of greater cooperation or confrontation in bilateral trade relations between the U.S. and Japan. Our numerical results indicate that, if a trade war between the two were precipitated, the U.S. would eventually benefit...

Traded commodities embody an environmental service, namely the amount of pollution emitted domestically when goods are produced for export. Japan's extensive economic ties with its Asian Pacific trading partners necessitate special consideration of trade and environment linkages. The data...

We investigate how childbirth affects intrahousehold resource allocation for married Japanese couples. We develop reduced-form and structural-form sepcifications from a unified theoretical framework. Under a weak set of assumptions, we can focus on private goods to track the changes in...