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RCESR Discussion Paper Series

This Discussion Paper Series is an important part of research products by RCESR.

In principle, this DP Series is posted on the websites of RCESR and institutional repositories such as HERMES-IR and RePEc.

No. Authors Title Date
DP26-12 Akiyuki Tonogi An Analysis of Japan's Engel Coefficient Using a Non-Homothetic CES Utility Function (in Japanese) 2026.06
DP26-11 Naohito Abe
D.S. Prasada Rao
Commensurability in Hedonic Price Indices: Axiomatic Foundations and The Necessity of Log Transformations 2026.04
DP26-10 Chihiro Shimizu The Last Broker
Information Externalities, Tipping Points, and Housing Market Death
2026.03
DP26-9 Chihiro Shimizu Vintage Depreciation, User Costs, and Total Factor Productivity: Theory and Identification for Real Estate Capital 2026.03
DP26-8 W. Erwin Diewert
Chihiro Shimizu
Measuring the Services of Durables and Owner Occupied Housing: A Unified Framework and Forty Years of Tokyo Evidence 2026.03
DP26-7 W. Erwin Diewert
Chihiro Shimizu
Quality Adjustment, Hedonic Regressions and the Extension Problem 2026.03
DP26-6 Cihiro Shimizu Development of Real Estate Information Infrastructure and Redesign of Legal Systems: Legislative Approaches to Integrating Registration, Cadastre, and Spatial Coordinates (in Japanese) 2026.03
DP26-5 Cihiro Shimizu Legislative Approaches to Real Estate Transaction Price Information: Comparative Legal Typologies and a Proposal for an Ancillary Recording System under Japanese Law (in Japanese) 2026.03
DP26-4 Chihiro Shimizu Information Disclosure and Welfare in Housing Markets A Search-Theoretic Framework with Endogenous Participation and Broker Exit 2026.03
DP26-3 Yongheng Deng
Tomoo Inoue
Kiyohiko Nishimura
Chihiro Shimizu
Aging and the Price Level: Irreversible Capital, Demographic Transitions, and the Shifting Phillips Curve 2026.03
DP26-2 Yongheng Deng
Tomoo Inoue
Kiyohiko Nishimura
Chihiro Shimizu
Too Many Houses, Too Few People: Demographic Optimism, Housing Oversupply, and Falling House Prices across Advanced Economies 2026.03
DP26-1 Naohito Abe
Inakura Noriko
Akiyuki Tonogi
An Analysis of the Recent Rise in Rice Prices and the Demand System (in Japanese) 2026.01
DP25-3 Naohito Abe
D.S. Prasada Rao
To Log or not to Log? Proportionality in Time-Dummy Hedonic Price Indexes 2025.08
DP25-2 Masashige Hamano
Philip Schnattinger
Mototsugu Shintani
Iichiro Uesugi
Francesco Zanetti
Credit Market Tightness and Zombie Firms: Theory and Evidence 2025.01
DP25-1 Naohito Abe
Noriko Inakura
Refining Real Consumption: Accounting for In-Kind Transfers, Imputed Rents, and Preference Heterogeneities 2025.01
DP24-2 Tomohito Honda
Arito Ono
Iichiro Uesugi
Yukihiro Yasuda
Anatomy of Out-of-Court Debt Workouts for SMEs 2023.12
DP24-1 Naohito Abe
D.S. Prasada Rao
On the Normalization Condition for Cost of Living Comparisons under Time-Varying Preferences 2024.01
DP22-6 Hiroshi Morita
Shiro Yuasa
Nonlinear Effects of Uncertainty Shocks: State-dependency and Asymmetry 2022.12
DP22-5 Tomohito Honda
Kaoru Hosono
Daisuke Miyakawa
Arito Ono
Iichiro Uesugi
Determinants and Effects of the Use of COVID-19 Business Support Programs in Japan 2022.11
DP22-4 Iichiro Uesugi
Kazuki Hiraga
Masashi Manabe
Naoyuki Yoshino
Measuring Concentration in the Japanese Loan and Deposit Markets 2022.03
DP22-3 Iichiro Uesugi
Kazuki Hiraga
Masashi Manabe
Naoyuki Yoshino
Interregional Flow of Funds in Japan via Loans and Deposits of Financial Institutions, and its Determinants 2022.03
DP22-2 Tomohito Honda The Effects of Credit Lines on Cash Holdings and Capital Investment: Evidence from Japan 2022.03
DP22-1 Naohito Abe
D.S. Prasada Rao
Transitivity, Substitution Bias and the Fixed Basket Multilateral Walsh Index for International Price and Real Expenditure Comparisons 2022.05
DP21-3 Naohito Abe
Noriko Inakura
Miki Kohara
Time Constraints and Home Production Function for Service (in Japanese) 2021.03
DP21-2 Tomohito Honda
Iichiro Uesugi
COVID-19 and Precautionary Corporate Cash Holdings: Evidence from Japan 2021.02
DP21-1 Nguyen Thuy Linh The Impact of the Bank of Japan's Exchange Traded Fund and Corporate Bond Purchases on Firms' Capital Structure 2021.01
DP20-2 Naohito Abe
Toshikatsu Inoue
Hideyasu Sato
Price Index Numbers Under Large-Scale Demand Shocks- The Japanese Experience of the COVID-19 Pandemic 2020.07
DP20-1 Naohito Abe
D.S. Prasada Rao
Generalized Logarithmic Index Numbers with Demand Shocks-Bridging the Gap between Theory and Practice 2020.06
DP19-2 Hideyasu Sato Do Large-scale Point-of-sale Data Satisfy the Generalized Axiom of Revealed Preference in Aggregation Using Representative Price Indexes?: A Case Involving Processed Food and Beverages 2020.03
DP19-1 Naohito Abe
D.S. Prasada Rao
Multilateral Sato-Vartia Index for International Comparisons of Prices and Real Expenditures 2019.06
DP18-4 Naohito Abe
Noriko Inakura
Miki Kohara
An Emprical Analysis on Time and Money Spending on Leisure Appendix Table (in Japanese) 2018.07
DP18-3 Naohito Abe
Noriko Inakura
Miki Kohara
An Empirical Analysis on Time and Money Spending on Leisure (in Japanese) 2018.03
DP18-2 Hiroyuki Kasahara
Yasuyuki Sawada
Michio Suzuki
The Effect of Bank Recapitalization Policy on Corporate Investment: Evidence from a Banking Crisis in Japan 2018.03
DP18-1 Naohito Abe
Kyoji Fukao
Kenta Ikeuchi
D.S. Prasada Rao
Quantifying and Accounting for Quality Differences in Services in International Price Comparisons: A Bilateral Price Comparison between United States and Japan 2018.03
DP17-4 Chiaki Moriguchi Did Japan Become an Unequal Society? Japan's Income Disparity in a Comparative Historical Perspective (in Japanese) 2017.11
DP17-3 Xiangdan Piao In search of a comprehensive picture of the gender gap: An examination of male and female choices of labor supply, leisure, consumption, and home production 2017.09
DP17-2 Naohito Abe
Noriko Inakura
Akiyuki Tonogi
Effects of the Entry and Exit of Products on Price Indexes 2017.03
DP17-1 Akiyuki Tonogi
Konomi Tonogi
Multiple q and the Measurement of R&D Investment by Industry - Analysis of Japanese Listed Companies' Investments in Capital Goods - (in Japanese) 2017.02
DP16-3 Takeshi Mizuta
Chihiro Shimizu
Iichiro Uesugi
How Inheritance Affects the Real Estate Market in an Aging Economy: Evidence from Transaction and Registry Data 2016.09
DP16-2 Ryo Kambayashi
Yuko Ueno
Firms' Incentive Provisions: Tournament Structure and Worker Flow 2016.05
DP16-1 Naohito Abe
Yuko Ueno
The Mechanism of Inflation Expectation Formation among Consumers 2016.03
DP15-11 Ryo Kambayashi
Yuko Ueno
Firms' Incentive Provisions: Tournament Structure and Worker Flow 2015.12
DP15-10 John P. Tang THE ENGINE AND THE REAPER: INDUSTRIALIZATION AND MORTALITY IN EARLY MODERN JAPAN 2015.11
DP15-9 Akiyuki Tonogi Economic Growth Analysis of Japan by Dynamic General Equilibrium Model with R&D Investment (in Japanese) 2015.10
DP15-8 Etsuro Shioji Money creation at the zero lower bound on interest rates in Japan (in Japanese) 2015.09
DP15-7 Naohito Abe
Noriko Inakura
Toshiki Enda
Akiyuki Tonogi
Cost of Living Index and Price Index Based on Point of Sales Data: Math Appendix (in Japanese) 2015.09
DP15-6 Naohito Abe
Noriko Inakura
Toshiki Enda
Akiyuki Tonogi
Cost of Living Index and Price Index Based on Point of Sales Data (in Japanese) 2015.09
DP15-5 Naohito Abe
Yuko Ueno
Measuring Inflation Expectations: Consumers' Heterogeneity and Nonlinearity 2015.06
DP15-4 Osamu Saito
Masanori Takashima
Estimating the shares of secondary- and tertiary-sector output in the age of early modern growth: the case of Japan, 1600-1874 2015.05
DP15-3 Osamu Saito
Masanori Takashima
Population, urbanisation and farm output in early modern Japan, 1600-1874: a review of data and benchmark estimates 2015.05
DP15-2 Naohito Abe
Toshiki Enda
Noriko Inakura
Akiyuki Tonogi
Effects of New Goods and Product Turnover on Price Indexes 2015.03
DP15-1 Tokihiko Settsu Industrial Structure, Prefectural Inequality, and Convergence in Pre-war Japan (1874-1940) 2015.02
DP14-3 Yawen SUN Smoking and Wage: Evidence from Japanese Panel Data (in Japanese) 2014.12
DP14-2 Kyoji Fukao
Sonoe Arai
Biases to Manufacturing Statistics from Offshoring: Evidence from Japan 2014.10
DP14-1 Naohito Abe
Chiaki Moriguchi
Noriko Inakura
The Effects of Natural Disasters on Prices and Purchasing Behaviors: The Case of the Great East Japan Earthquake 2014.09

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