MQ Discussion Series について
MQ Discussion Series は『市場の質』研究に携わる研究者の間での自由な議論に供することを目的としたディスカッションペーパーシリーズで、インターネット上で広く公開されます。どなたでもご応募いただけます。投稿を希望される方はガイドラインをお読みください。
新着ディスカッションペーパー
MQ Discussion Series 2016-001
September 2016
Scale effects on long-run economic growth
by Daishoku Kanehara
Summary
Empirical studies about scale effect indicate in decades-long data there
is no scale effect, but in a very long-run data scale effect is clearly observed. Read more...
MQ Discussion Series 2015-005
March, 2016
金融危機後の公開市場操作のポートフォリオリバランス 効果: 買入長期国債の残存期間別データの構築による検証
by 中澤正彦・矢野誠
Summary
日本,米国,英国の中央銀行は,世界金融危機に際し,バランスシート拡大させる非伝統的な金融政策を採用したが,日本経済の金融危機からの回復経路は,アメリカやイギリスと比べても,遅々としたものである. Read more...
MQ Discussion Series 2015-004
March, 2016
Obscurantism in the Fukushima Nuclear Accident and a Neologism-Proof Equilibrium
by Takakazu Honryo and Makoto Yano
Summary
During the Fukushima nuclear accident, the government informed people that
something bad was happening but provided little information as to exactly how bad it was. Read more...
MQ Discussion Series 2015-003
November 2015
Fiscal Policy in a Growing Economy with Financial Frictions and Firm Heterogeneity
by Kazuo Mino
Summary
This paper constructs a tractable model of endogenous growth with financial frictions and firm heterogeneity. Read more...
MQ Discussion Series 2015-002
October 2015
Heterogeneous Conformism and Wealth Distribution in a Neoclassical Growth Model
by Kazuo Mino and Yasuhiro Nakamoto
Summary
This paper explores the role of consumption externalities in a neoclassical growth model in which households have heterogeneous preferences. Read more...
MQ Discussion Series 2015-001
January 2015
An Experimental Test of a Search Model under Ambiguity
by Takao Asano, Hiroko Okudaira and Masaru Sasaki
Summary
The objective of this study is to design a laboratory experiment to explore the effect of ambiguity on a subject’s search behavior in a finite-horizon sequential search model. Read more...
MQ Discussion Series 2014-014
December 2014
A Simple Model of Endogenous Growth with Financial Frictions and Firm Heterogeneity
by Kazuo Mino
Summary
This paper constructs a simple model of endogenous growth with financial frictions and firm heterogeneity. In the presence of financial constraints and heterogeneity Read more...
MQ Discussion Series 2014-013
September 2014
Credit Market Imperfections and Macroeconomic Instability
by Takuma Kunieda and Akihisa Shibata
Summary
Credit market imperfections typically characterize a low quality financial market, where the quality of information about borrowers is low and/or enforcement rules or institutions are not well developed. Read more...
MQ Discussion Series 2014-012
September 2014
Overconfidence, Underconfidence, and Welfare
by Takao Asano, Takuma Kunieda and Akihisa Shibata
Summary
Using a simple framework of Cooper and John (1988) and Cooper (1999), this paper derives the conditions under which overconfidence and underconfidence of agents lead to Pareto improvement. Read more...
MQ Discussion Series 2014-011
August 2014
Conformism and Wealth Distribution
by Kazuo Mino and Yasuhiro Nakamoto
Summary
This paper explores the role of consumption externalities in a neoclassical growth model in which households have heterogeneous preferences. Read more...