In order to make public as quickly as possible the results of theoretical research and policy analysis, discussion papers will be posted on our web site. We hope that this will stimulate further discussion on matters of policy and policy research.
Discussion papers may include Japanese fonts. If you have trouble viewing the PDF file, please install "Asian font Packs for Adobe Reader" that is freely downloadable at Adobe website.
Australia's Deflation in the 1890s
Download paper [PDF:212KB]Colin McKENZIE
(Faculty Fellow, RIETI / Keio University)
March 2006
06-E-017
Do Banks Reduce Lending Preemptively in Response to Capital Losses?
Download paper [PDF:344KB]NISHIYAMA Shinichi
(Bank of Canada)
OKADA Tae
(Graduate School of Economics, Osaka University)
WATANABE Wako
(Graduate School of Economics and Management, Tohoku University)
March 2006
06-E-016
"Irrational Exuberance" in the Pigou Cycle under Collateral Constraints
Download paper [PDF:352KB]KOBAYASHI Keiichiro
(Fellow, RIETI)
INABA Masaru
(Graduate School of Economics, The University of Tokyo)
March 2006
06-E-015
Employment of MNEs in Japan: New Evidence
Download paper [PDF:356KB]KIYOTA Kozo
(Faculty Fellow, RIETI / Yokohama National University)
MATSUURA Toshiyuki
(RIETI)
March 2006
06-E-014
Characterizing Receiver-Active National System of Innovation
Download paper [PDF:364KB]KODAMA Fumio
(Faculty Fellow, RIETI / Graduate School of Engineering Management / Shibaura Institute of Technology / University of Tokyo)
SUZUKI Jun
(Graduate School of Engineering Management / Shibaura Institute of Technology / University of Tokyo)
March 2006
06-E-013
Has the Credit Crunch Occurred in Japan in 1990s?
Download paper [PDF:336KB]ISHIKAWA Daisuke
(Kyoto University)
TSUTSUI Yoshiro
(Faculty Fellow, RIETI / Osaka University)
March 2006
06-E-012
Borrowing Constraints and Protracted Recessions
Download paper [PDF:456KB]KOBAYASHI Keiichiro
(Fellow, RIETI)
INABA Masaru
(Graduate School of Economics, The University of Tokyo)
March 2006
06-E-011
Transaction Services and Asset-price Bubbles (Revised)
Download paper [PDF:428KB]KOBAYASHI Keiichiro
(Fellow, RIETI)
March 2006
06-E-010
The Effect of Exchange Rate Changes on Trade in East Asia
Download paper [PDF:384KB]Willem THORBECKE
(Senior Fellow, RIETI)
March 2006
06-E-009
Technocracy in Indonesia: A Preliminary Analysis
Download paper [PDF:228KB]SHIRAISHI Takashi
(Faculty Fellow, RIETI / National Graduate Institute for Policy Studies)
March 2006
06-E-008
How Effective are Emission Taxes in an Open Economy?
Download paper [PDF:220KB]ISHIKAWA Jota
(Faculty Fellow, RIETI / Hitotsubashi University)
KURODA Tomohiro
(Nagoya Gakuin University)
March 2006
06-E-007
International Intrafirm Transfer of Management Technology by Japanese Multinational Corporations
Download paper [PDF:96KB]URATA Shujiro
(Faculty Fellow, RIETI / Waseda University)
MATSUURA Toshiyuki
(RIETI)
Yuhong WEI
(RIETI / Hitotsubashi University)
February 2006
06-E-006
R&D of Multinationals in China: Structure, Motivations and Regional Difference
Download paper [PDF:214KB]MOTOHASHI Kazuyuki
(Faculty Fellow, RIETI / Research Center for Advanced Science and Technology, The University of Tokyo)
February 2006
06-E-005
Effectiveness of Credit Guarantees in the Japanese Loan Market
Download paper [PDF:324KB]UESUGI Iichiro
(Fellow, RIET)
SAKAI Koji
(Graduate School of Economics, Hitotsubashi University / RIETI)
Guy M. YAMASHIRO
(Department of Economics, California State University, Long Beach)
February 2006
06-E-004
This paper is part of the result of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the result of this study group and the positioning of each paper within the project.
Information Verifiability, Bank Organization, Bank Competition and Bank-Borrower Relationships
Download paper [PDF:340KB]KANO Masaji
(Faculty of Economics, Osaka Prefecture University)
UCHIDA Hirofumi
(Faculty of Economics, Wakayama University)
Gregory F. UDELL
(Kelley School of Business, Indiana University)
WATANABE Wako
(Graduate School of Economics and Management, Tohoku University)
January 2006
06-E-003
AMU Deviation Indicator for Coordinated Exchange Rate Policies in East Asia and its Relation with Effective Exchange Rates
Download paper [PDF:456KB]OGAWA Eiji
(Graduate School of Commerce and Management, Hitotsubashi University / Faculty Fellow, RIETI)
SHIMIZU Junko
(Institute of Economic Research, Hitotsubashi University)
January 2006
06-E-002
Reconsidering the Effects of Intranational and International R&D Spillovers on Productivity Growth: Firm-level Evidence from Japan
Download paper [PDF:272KB]KIYOTA Kozo
(Yokohama National University / Faculty Fellow, RIETI)
January 2006
06-E-001
Bank Health and Small Business Investment: Evidence from Japan
Download paper [PDF:132KB]HOSONO Kaoru
(Gakushuin University)
MASUDA Akane
December 2005
05-E-030
This paper is part of the result of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the result of this study group and the positioning of each paper within the project.
Banking Crises, Deposit Insurance, and Market Discipline: Lessons from the Asian Crises
Download paper [PDF:336KB]HOSONO Kaoru
(Gakushuin University)
IWAKI Hiroko
(Development Bank of Japan)
TSURU Kotaro
(Senior Fellow, RIETI)
December 2005
05-E-029
How Are Loans by Their Main Bank Priced?
Bank Effects, Information and Non-price Terms of Contract
Download paper [PDF:252KB]WATANABE Wako
(Graduate School of Economics and Management Tohoku University)
November 2005
05-E-028
This paper is part of the result of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the result of this study group and the positioning of each paper within the project.
The Role of Collateral and Personal Guarantees in Relationship Lending: Evidence from Japan's Small Business Loan Market
Download paper [PDF:304KB]ONO Arito
(Mizuho Research Institute)
UESUGI Iichiro
(Fellow, RIETI)
November 2005
05-E-027
This paper is part of the result of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the result of this study group and the positioning of each paper within the project.
Firm Age and the Evolution of Borrowing Costs: Evidence from Japanese Small Firms
Download paper [PDF:464KB]SAKAI koji
(Graduate School of Economics, Hitotsubashi University)
UESUGI Iichiro
(Fellow, RIETI)
WATANABE Tsutomu
(Faculty Fellow, RIETI / Institute of Economic Research, Hitotsubashi University)
November 2005
05-E-026
This paper is part of the result of the "Corporate Financing Study Group," a RIETI research project. Click here (available in Japanese only) for an overall picture of the result of this study group and the positioning of each paper within the project.
IT, Enterprise Reform and Productivity in Chinese Manufacturing Firms
Download paper [PDF:260KB]MOTOHASHI Kazuyuki
(Faculty Fellow, RIETI /Research Center for Advanced Science and Technology, the University of Tokyo)
September 2005
05-E-025
The Impact of Financial Services Trade Liberalization on China
Download paper [PDF:388KB]Li-Gang LIU
(Former Senior Fellow, RIETI)
September 2005
05-E-024
Business Cycle Accounting for the Japanese Economy
Download paper [PDF:372KB]KOBAYASHI Keiichiro
(Fellow, RIETI)
INABA Masaru
(Graduate School of Economics, University of Tokyo)
September 2005
05-E-023
Data Appendix
Productivity and the Business Cycle in Japan
-Evidence from Japanese Industry Data -
Download paper [PDF:288KB]MIYAGAWA Tsutomu
(Faculty Fellow, RIETI / Department of Economics, Gakushuin University)
SAKURAGAWA Yukie
(Faculty of Management, Atomi University)
TAKIZAWA Miho
(Graduate School of Economics, Hitotsubashi University)
July 2005
05-E-022
Optimal Transmission Capacity under Nodal Pricing and Incentive Regulation for Transco
Download paper [PDF:260KB]TANAKA Makoto
(Faculty Fellow, RIETI / National Graduate Institute for Policy Studies)
June 2005
05-E-021
Pass-Through of Exchange Rate Changes and Macroeconomic Shocks to Domestic Inflation in East Asian Countries
Download paper [PDF:380KB]ITO Takatoshi
(Faculty Fellow, RIETI / Graduate School of Economics, the University of Tokyo)
SASAKI N. Yuri
(Department of Economics, Meiji Gakuin University)
SATO Kiyotaka
(Faculty of Economics, Yokohama National University)
May 2005
05-E-020
