The purpose of this article is not to analyze or evaluate the performance of the Japanese employment custom directly. This article discusses the relationship between Japanese labor law and Japanese employment customs.

We conducted an experiment to examine the performance of the bilateral trading institution in GHG emissions trading. First, we found that the efficiency of bilateral trading is quite high, regardless of the disclosure or closure of contracted price and/or marginal abatement cost curve...

We re-evaluate two experiments by Hizen and Saijo (1999a,b) to examine the performance of bilateral trading and double auction institutiions in GHG emissions trading.

We discuss that Japan should make a comprehensive reform of the existing institutions of health insurance in view of the apparent structural problems centering on the financial instability of health care finance, and discrepancies in premiums and benefits among the insured.

We examine the current account effect of a terms-of-trade deterioration for a small country model, incorporating weakly nonseparable preference a la Shi (1994) under endogenous time preference.

An interesting finding in recent research is that strategic considerations and collective bargaining structure often influence foreign direct investment. In this paper, I argue that the support for the decentralisation of collective bargaining may ba an optimal response by unions to the growing...

Models which estimate influenza mortality probably overestimate this mortality because their baseline estimates include only nonepidemic weeks. We present a stochastic frontier estimation model which better reflects influenza mortality.

This paper examines how the unemployment benefit (UB) affects the intensity or search effort of the unemployed, which is measured by the workin conditions of a new job resultin from search behavior, controllin for the endo eneity of the duration of unemployment. Estimation results show that the...

This paper explores optimal environmental tax policy under which duopoly firms strategically choose the location of their plants in a simple three-stage game. We examine how the relationship between the optimal emission tax and the choice of location of duopoly firms affects the welfare of the...

This paper constructs a growth model in which monopolistically competing firms choose the characteristic of their own product from an unbounded product space. While consumers wish to satisfy various needs by purchasing a diverse range of goods, production costs are lower for those goods that are...