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Skip to Content Japanese English Chinese About RIETI Site Map Help Contact Discussion Papers Search Site Search Menu Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Projects Survey Fellows According to Title Alphabetical order RIETI Alumni Research/Policy Papers Discussion Papers (English) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles in Journals Research Digest Discussion Papers Search Publications RIETI Books (English) RIETI Books (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Events Symposiums Workshops BBL Seminars Archived Seminar Series Data JIP Database R-JIP Database CIP Database Industry-Specific Nominal and Real Effective Exchange Rates AMU and AMU Deviation Indicators JSTAR RIETI-TID RIETI FDI Database ICPA Project Links Articles Column Special Series Newspapers & Magazines Fellows' Works VoxEU Column From IZA Perspectives from Around the World Other Contents RIETI Report Policy Update Keizai Sangyo Journal (METI Journal) Research Areas Fellows Research/Policy Papers Publications Events Data Articles Site Map Technical Issues Coontact Discussion Papers Search Close HomeResearch/Policy PapersDiscussion Papers (English) Discussion Papers (English) FY2020 Print March 2021 21-E-028 Leveraging Standard Essential Patents for Capturing Innovation Rents: The Strategic Disclosure of License Rules Dong HUO (Harbin Institute of Technology, Shenzhen) / Jianwei DANG (Tongji University) / MOTOHASHI Kazuyuki (Faculty Fellow, RIETI) Download paper [PDF:737KB] March 2021 21-E-027 The Effect of Public-Sponsored Job Training in Japan HARA Hiromi (Japan Women's University) Download paper [PDF:799KB] March 2021 21-E-026 Chasing Two Hares at Once? Effect of Joint Institutional Change for Promoting Commercial Use of University Knowledge and Scientific Research KWON Seokbeom (University of Tokyo) / MOTOHASHI Kazuyuki (Faculty Fellow, RIETI) / IKEUCHI Kenta (Fellow (Policy Economist), RIETI) Download paper [PDF:1.2MB] March 2021 21-E-025 New Indicator of Science and Technology Inter-Relationship by Using Text Information of Research Articles and Patents in Japan MOTOHASHI Kazuyuki (Faculty Fellow, RIETI) / KOSHIBA Hitoshi (NISTEP / AIST) / IKEUCHI Kenta (Fellow (Policy Economist), RIETI) Download paper [PDF:1.9MB] March 2021 21-E-024 Working from Home: Its Effects on Productivity and Mental Health KITAGAWA Ritsu (Waseda University) / KURODA Sachiko (Faculty Fellow, RIETI) / OKUDAIRA Hiroko (Doshisha University) / OWAN Hideo (Faculty Fellow, RIETI) Download paper [PDF:1.6MB] March 2021 21-E-023 Foreign Direct Investment in China and Domestic Activities of Japanese Firms OKUBO Toshihiro (Keio University) Download paper [PDF:877KB] March 2021 21-E-022 Establishment Size, Workforce Composition and the College Wage Gap in Japan IKEUCHI Kenta (Fellow (Policy Economist), RIETI) / FUKAO Kyoji (Faculty Fellow, RIETI) / Cristiano PERUGINI (University of Perugia / IZA) Download paper [PDF:1.2MB] March 2021 21-E-021 Regional Banking and Plant Survival in Japan NISHIOKA Shuichiro (West Virginia University) / OKUBO Toshihiro (Keio University) / TANAKA Mari (Hitotsubashi University) Download paper [PDF:831KB] March 2021 21-E-020 Macroeconomic Effects of Global Policy and Financial Risks OGAWA Eiji (Faculty Fellow, RIETI) / Pengfei LUO (Setsunan University) Download paper [PDF:2.4MB] March 2021 21-E-019 The Global Monetary System and the Use of Local Currencies in ASEAN+3 ITO Hiroyuki (Visiting Fellow, RIETI) / KAWAI Masahiro (University of Tokyo / ERINA) Download paper [PDF:2.0MB] March 2021 21-E-018 Reassessing China's GDP Growth Performance: an Exploration of The Underestimated Price Effect Harry X. WU (National School of Development, Peking University / Institute of Economic Research, Hitotsubashi University) / Zhan LI (National School of Development, Peking University) Download paper [PDF:1.6MB] Non Technical Summary March 2021 21-E-017 The Exposure of French and South Korean Firms to Exchange Rates and the COVID-19 Pandemic: Evidence from the Stock Market Willem THORBECKE (Senior Fellow, RIETI) Download paper [PDF:815KB] Non Technical Summary March 2021 21-E-016 The Dollar, the Yen, or the RMB? A Survey Data Analysis of Invoicing Currencies among Japanese Overseas Subsidiaries ITO Takatoshi (Columbia University) / KOIBUCHI Satoshi (Chuo University) / SATO Kiyotaka (Yokohama National University) / SHIMIZU Junko (Gakushuin University) / YOSHIMI Taiyo (Chuo University) Download paper [PDF:1.5MB] March 2021 21-E-015 In Search of Lost Time: Firm Vintage and Macroeconomic Dynamics HAMANO Masashige (Waseda University) / OKUBO Toshihiro (Keio University) Download paper [PDF:4.1MB] March 2021 21-E-014 The Impact of COVID-19 on Global Production: Evidence from Japanese Multinational Firms ZHANG Hongyong (Senior Fellow, RIETI) Download paper [PDF:1.4MB] March 2021 21-E-013 No Successor, No Success? The Impact of a Little Son on Business Performance KODAMA Naomi (Research Associate, RIETI) / MURAKAMI Yoshiaki (Osaka University of Commerce) / TANAKA Mari (Hitotsubashi University) Download paper [PDF:516KB] February 2021 21-E-012 Designing a Tourism Stimulus During the COVID-19 Pandemic in Japan MATSUURA Toshiyuki (Keio University) / SAITO Hisamitsu (Hokkaido University) Download paper [PDF:967KB] February 2021 21-E-011 Stakeholder Participation in a Company's Success and Resilience Against Shocks OKUBO Toshihiro (Keio University) / Alexander F. WAGNER (University of Zurich) / YAMADA Kazuo (Ritsumeikan University) Download paper [PDF:700KB] February 2021 21-E-010 Why Do Real Wages Stagnate in Japan and Korea? Hyunbae CHUN (Sogang University) / FUKAO Kyoji (Faculty Fellow, RIETI) / KWON Hyeog Ug (Faculty Fellow, RIETI) / Jungsoo PARK (Sogang University) Download paper [PDF:1.3MB] February 2021 21-E-009 Epidemic and Economic Consequences of Voluntary and Request-based Lockdowns in Japan HOSONO Kaoru (Faculty Fellow, RIETI) Download paper [PDF:1.3MB] February 2021 21-E-008 Selection on Welfare Gains: Experimental Evidence from Electricity Plan Choice ITO Koichiro (Visiting Fellow, RIETI) / IDA Takanori (Kyoto University) / TANAKA Makoto (GRIPS) Download paper [PDF:1.9MB] January 2021 21-E-007 Estimating the Effects of the Minimum Wage Using the Introduction of Indexation KAWAGUCHI Daiji (Faculty Fellow, RIETI) / MORI Yuko (Tsuda University) Download paper [PDF:754KB] January 2021 21-E-006 Dual Labor Market and the "Phillips Curve Puzzle" AOYAMA Hideaki (Faculty Fellow, RIETI) / Corrado DI GUILMI (University of Technology Sydney) / FUJIWARA Yoshi (University of Hyogo) / YOSHIKAWA Hiroshi (Faculty Fellow, RIETI) Download paper [PDF:1.0MB] January 2021 21-E-005 Money Flow Network Among Firms' Accounts in a Regional Bank of Japan FUJIWARA Yoshi (University of Hyogo) / INOUE Hiroyasu (University of Hyogo) / YAMAGUCHI Takayuki (Shiga University) / AOYAMA Hideaki (Faculty Fellow, RIETI) / TANAKA Takuma (Shiga University) / KIKUCHI Kentaro (Shiga University) Download paper [PDF:4.0MB] January 2021 21-E-004 Covid-19 and Output in Japan FUJII Daisuke (Research Associate, RIETI) / NAKATA Taisuke (University of Tokyo) Download paper [PDF:3.6MB] January 2021 21-E-003 High-speed Rail and the Spatial Distribution of Economic Activity: Evidence from Japan's Shinkansen HAYAKAWA Kazunobu (Institute of Developing Economies) / Hans R.A. KOSTER (Vrije Universiteit Amsterdam, HSE University, Tinbergen Institute, and CEPR) / TABUCHI Takatoshi (Faculty Fellow, RIETI) / Jacques-François THISSE (Institute of Developing Economies, HSE University, and CEPR) Download paper [PDF:6.6MB] January 2021 21-E-002 Productivity of Working from Home during the COVID-19 Pandemic: Evidence from a Firm Survey MORIKAWA Masayuki (President, RIETI) Download paper [PDF:700KB] January 2021 21-E-001 Do Economic Effects of the Anti-COVID-19 Lockdowns in Different Regions Interact through Supply Chains? INOUE Hiroyasu (University of Hyogo) / MURASE Yohsuke (RIKEN Center for Computational Science) / TODO Yasuyuki (Faculty Fellow, RIETI) Download paper [PDF:5.0MB] December 2020 20-E-092 Three Minds Equal Manjushari's Wisdom: An Anatomy of Informal Social Learning with Heterogenous Agents by the Hierarchical Bayesian Approach SATO Masahiro (Tohoku University) / OTA Rui (Yokohama City University) / ITO Arata (Fellow, RIETI) / YANO Makoto (Chairman, RIETI) Download paper [PDF:1.2MB] December 2020 20-E-091 New Assessment of Economic Integration in East Asia: Application of Industry-Specific G-PPP Model KAWASAKI Kentaro (Toyo University) / SATO Kiyotaka (Yokohama National University) Download paper [PDF:2.6MB] December 2020 20-E-090 Do People Accept Different Cultures? NAKAGAWA Mariko (University of Tokyo) / SATO Yasuhiro (University of Tokyo) / TABUCHI Takatoshi (Faculty Fellow, RIETI) / YAMAMOTO Kazuhiro (Osaka University) Download paper [PDF:1.3MB] December 2020 20-E-089 Simulating the Impacts of Interregional Mobility Restriction on the Spatial Spread of COVID-19 in Japan KONDO Keisuke (Senior Fellow, RIETI) Download paper [PDF:9.0MB] December 2020 20-E-088 How the Coronavirus Crisis is Affecting the Korean Economy: Evidence from the Stock Market Willem THORBECKE (Senior Fellow, RIETI) Download paper [PDF:492KB] Non Technical Summary November 2020 20-E-087 FCPA and Market Quality in Emerging Economies Krishnendu Ghosh DASTIDAR (Jawaharlal Nehru University) / YANO Makoto (Chairman, RIETI) Download paper [PDF:512KB] November 2020 20-E-086 Local Industry Influence on Commercialization of University Research by University Startups KANG Byeongwoo (Hitotsubashi University) / MOTOHASHI Kazuyuki (Faculty Fellow, RIETI) Download paper [PDF:1.3MB] November 2020 20-E-085 Product Complexity, Exports, and Exchange Rates: Evidence from the Japanese Chemical Industry Willem THORBECKE (Senior Fellow, RIETI) / Nimesh SALIKE (Xi'an Jiaotong-Liverpool University, Suzhou) / CHEN Chen (Xi'an Jiaotong-Liverpool University, Suzhou) Download paper [PDF:1.0MB] Non Technical Summary November 2020 20-E-084 Peer Effects on Job Satisfaction from Exposure to Elderly Workers KAWATA Yuji (Waseda University) / OWAN Hideo (Faculty Fellow, RIETI) Download paper [PDF:520KB] October 2020 20-E-083 Exchange Rates, International Outsourcing, and Firm Export Dynamics INUI Tomohiko (Gakushuin University) / Young Gak KIM (Senshu University) Download paper [PDF:1.3MB] October 2020 20-E-082 Firm Growth, Financial Constraints, and Policy-Based Finance Tim E. DORE (Federal Reserve Board) / OKAZAKI Tetsuji (Faculty Fellow, RIETI) / ONISHI Ken (Federal Reserve Board) / WAKAMORI Naoki (University of Tokyo) Download paper [PDF:1.2MB] October 2020 20-E-081 Measuring Business-Level Expectations and Uncertainty: Survey Evidence and the COVID-19 Pandemic CHEN Cheng (Clemson University) / SENGA Tatsuro (Fellow (Specially Appointed), RIETI) / ZHANG Hongyong (Senior Fellow, RIETI) Download paper [PDF:762KB] October 2020 20-E-080 Emissions Trading and International Trade ISHIKAWA Jota (Faculty Fellow, RIETI) / KIYONO Kazuharu (Waseda University) / YOMOGIDA Morihiro (Sophia University) Download paper [PDF:627KB] October 2020 20-E-079 Month-of-Birth Effects on Skills and Skill Formation YAMAGUCHI Shintaro (University of Tokyo) / ITO Hirotake (Keio Research Institute at SFC) / NAKAMURO Makiko (Keio University) Download paper [PDF:897KB] October 2020 20-E-078 Information Acquisition and Price Setting under Uncertainty: New Survey Evidence CHEN Cheng (Clemson University) / SENGA Tatsuro (Fellow (Specially Appointed), RIETI) / SUN Chang (University of Hong Kong) / ZHANG Hongyong (Senior Fellow, RIETI) Download paper [PDF:852KB] October 2020 20-E-077 Moving Out of China? Evidence from Japanese Multinational Firms Changyuan LUO (Fudan University) / Chunxiao SI (Fudan University) / ZHANG Hongyong (Senior Fellow, RIETI) Download paper [PDF:1.0MB] October 2020 20-E-076 What Do People Say When They become "Future People"? - Positioning Imaginary Future Generations (IFGs) in General Rules for Good Decision Making HIROMITSU Toshiaki (Policy Research Institute, Ministry of Finance) / KITAKAJI Yoko (Hiroshima University) / HARA Keishiro (Consulting Fellow, RIETI) / SAIJO Tatsuyoshi (Research Institute for Future Design, Kochi University of Technology / Research Institute of Humanity and Nature) Download paper [PDF:721KB] September 2020 20-E-075 The Relationship between Product Complexity and Exchange Rate Elasticities: Evidence from the People's Republic of China's Manufacturing Industries Willem THORBECKE (Senior Fellow, RIETI) / CHEN Chen (Xi'an Jiaotong-Liverpool University. Suzhou) / Nimesh SALIKE (Xi'an Jiaotong-Liverpool University. Suzhou) Download paper [PDF:668KB] Non Technical Summary September 2020 20-E-074 The Effect of Computer Assisted Learning on Children's Cognitive and Noncognitive Skills: Evidence from a Randomized Experiment in Cambodia NAKAMURO Makiko (Keio University) / ITO Hirotake (Keio University) Download paper [PDF:1.1MB] September 2020 20-E-073 Productivity of Working from Home during the COVID-19 Pandemic: Evidence from an Employee Survey MORIKAWA Masayuki (President, RIETI) Download paper [PDF:930KB] September 2020 20-E-072 Why Beauty Matters: Candidates' Facial Appearance and Electoral Success ONO Yoshikuni (Faculty Fellow, RIETI) / ASANO Masahiko (Takushoku University) Download paper [PDF:803KB] August 2020 20-E-071 Global Competition and Labor-intensive Production in SMEs: Evidence from Japan(Previous title) Global Competition, Worker Retention, and Immigrant Employment in Manufacturing SMEs* HASHIMOTO Yuki (Fellow, RIETI) Download paper [PDF:768KB] August 2020 20-E-070 Constructing the Customer Journey Map of Competitive Brands: A Complex Time-series Analysis MIZUNO Makoto (Meiji University) / AOYAMA Hideaki (Faculty Fellow, RIETI) / FUJIWARA Yoshi (University of Hyogo) Download paper [PDF:2.7MB] August 2020 20-E-069 How Do Voters Evaluate the Age of Politicians? Charles McCLEAN (University of California, San Diego) / ONO Yoshikuni (Faculty Fellow, RIETI) Download paper [PDF:1.0MB] August 2020 20-E-068 The Impact of the COVID-19 Pandemic on the U.S. Economy: Evidence from the Stock Market Willem THORBECKE (Senior Fellow, RIETI) Download paper [PDF:1.1MB] Non Technical Summary August 2020 20-E-067 Winners, Losers, and Near-Rationality: Heterogeneity in the MPC out of a Large Stimulus Tax Rebate Cameron LAPOINT (Yale University) / UNAYAMA Takashi (Faculty Fellow, RIETI) Download paper [PDF:1.2MB] July 2020 20-E-066 Ignorance is Bliss? Age, Misinformation, and Support for Women's Representation Barry C. BURDEN (University of Wisconsin-Madison) / ONO Yoshikuni (Faculty Fellow, RIETI) Download paper [PDF:782KB] July 2020 20-E-065 Firm Exit during the COVID-19 Pandemic: Evidence from Japan MIYAKAWA Daisuke (Hitotsubashi University) / OIKAWA Koki (Waseda University) / UEDA Kozo (Waseda University) Download paper [PDF:872KB] July 2020 20-E-064 Who Suffers from the COVID-19 Shocks? Labor Market Heterogeneity and Welfare Consequences in Japan KIKUCHI Shinnosuke (Massachusetts Institute of Technology) / KITAO Sagiri (Faculty Fellow, RIETI) / MIKOSHIBA Minamo (University of Tokyo) Download paper [PDF:852KB] July 2020 20-E-063 Ascriptive Characteristics and Perceptions of Impropriety in the Rule of Law: Race, Gender, and Public Assessments of Whether Judges Can Be Impartial ONO Yoshikuni (Faculty Fellow, RIETI) / Michael A. ZILIS (University of Kentucky) Download paper [PDF:3.5MB] June 2020 20-E-062 Reforming Inefficient Energy Pricing: Evidence from China ITO Koichiro (Visiting Fellow, RIETI) / ZHANG Shuang (University of Colorado, Boulder) Download paper [PDF:909KB] June 2020 20-E-061 How the Coronavirus Crisis Affected Japanese Industries: Evidence from the Stock Market Willem THORBECKE (Senior Fellow, RIETI) Download paper [PDF:1.2MB] Non Technical Summary June 2020 20-E-060 Listing Advantages Around the World UEDA Kenichi (University of Tokyo / TCER / CEPR) / Somnath SHARMA (University of Tokyo / Reserve Bank of India) Download paper [PDF:1.4MB] June 2020 20-E-059 Overinvestment and Macroeconomic Uncertainty: Evidence from Renewable and Non-Renewable Resource Firms Denny IRAWAN (Australian National University) / OKIMOTO Tatsuyoshi (Visiting Fellow, RIETI) Download paper [PDF:1.4MB] June 2020 20-E-058 Incentive or Disincentive for Disclosure of Research Data? A Large-Scale Empirical Analysis and Implications for Open Science Policy KWON Seokbeom (University of Tokyo) / MOTOHASHI Kazuyuki (Faculty Fellow, RIETI) Download paper [PDF:1.2MB] June 2020 20-E-057 Labor Market Flexibility and Inward Foreign Direct Investment KAMATA Isao (University of Niigata Prefecture) Download paper [PDF:606KB] June 2020 20-E-056 Intermediaries in Transaction Networks: Location of Wholesalers' Headquarters and Other Establishments ITO Tadashi (Gakushuin University) / OKAMOTO Chigusa (Rikkyo University) / SAITO Yukiko (Senior Fellow (Specially Appointed), RIETI) Download paper [PDF:1.4MB] May 2020 20-E-055 Why Do Japanese MNEs Enter and Exit Foreign Markets? Ivan DESEATNICOV (NRU Higher School of Economics) / FUJII Daisuke (Research Associate, RIETI) / Konstantin KUCHERYAVYY (University of Tokyo) / SAITO Yukiko (Senior Fellow (Specially Appointed), RIETI) Download paper [PDF:2.7MB] May 2020 20-E-054 China's Impact on Regional Employment: Propagation through Supply Chains and Co-agglomeration Pattern SAITO Yukiko (Senior Fellow (Specially Appointed), RIETI) / KAINUMA Shuhei (University of Tokyo) / Michal FABINGER (University of Tokyo) Download paper [PDF:1.1MB] May 2020 20-E-053 The Impact of Market Size on Firm Selection KONDO Keisuke (Senior Fellow, RIETI) / OKUBO Toshihiro (Keio University) Download paper [PDF:1.3MB] May 2020 20-E-052 Heterogenous Impacts of National Research Grants on Academic Productivity ONISHI Koichiro (Waseda University) / OWAN Hideo (Faculty Fellow, RIETI) Download paper [PDF:1.3MB] May 2020 20-E-051 Robots and Employment: Evidence from Japan, 1978-2017 ADACHI Daisuke (Yale University) / KAWAGUCHI Daiji (Program Director, RIETI) / SAITO Yukiko (Senior Fellow (Specially Appointed), RIETI) Download paper [PDF:4.8MB] May 2020 20-E-050 The Revitalization of Shrinking Cities: Lessons from the Japanese Service Sector KONDO Keisuke (Senior Fellow, RIETI) / OKUBO Toshihiro (Keio University) Download paper [PDF:11.2MB] May 2020 20-E-049 Macroscopic Structure and Evolution in the Japanese Production Network GOTO Hiromitsu (Nihon University) / SOUMA Wataru (Nihon University) Download paper [PDF:1.8MB] May 2020 20-E-048 Characteristics of Firms Transmitting Data Across Borders: Evidence from Japanese Firm-level Data TOMIURA Eiichi (Faculty Fellow, RIETI) / ITO Banri (Research Associate, RIETI) / KANG Byeongwoo (Hitotsubashi University) Download paper [PDF:717KB] Non Technical Summary May 2020 20-E-047 Productivity of Offshore Affiliates and Distance from Headquarters: Evidence from Affiliate-Level Data of Japanese Multinationals LU Yi (Tsinghua University) / TOMIURA Eiichi (Faculty Fellow, RIETI) / ZHU Lianming (Osaka University) Download paper [PDF:659KB] May 2020 20-E-046 Diplomatic Protest and Patriotism: The Effect of Foreign Voices on Japanese Public Opinion KAGOTANI Koji (Osaka University of Economics) / ONO Yoshikuni (Faculty Fellow, RIETI) Download paper [PDF:676KB] May 2020 20-E-045 Technological Competitiveness of China's Internet Platforms: Comparison of Google and Baidu Using Patent Text Information MOTOHASHI Kazuyuki (Faculty Fellow, RIETI) / ZHU Chen (University of Tokyo) Download paper [PDF:3.0MB] May 2020 20-E-044 Supply-Chain Network Analysis of Kyoto's Traditional Craft Industry SATO Daisuke (Kyoto University) / IKEDA Yuichi (Kyoto University) / KAWAI Shuichi (Kyoto University) / Maxmilian SCHICH (University of Texas at Dallas) Download paper [PDF:2.8MB] May 2020 20-E-043 Welfare Effects of Polarization: Occupational Mobility over the Life-cycle KIKUCHI Shinnosuke (Massachusetts Institute of Technology) / KITAO Sagiri (Faculty Fellow, RIETI) Download paper [PDF:733KB] May 2020 20-E-042 Reserve Requirements and Bubbles ASAOKA Shintaro (Institute of Economic Research, Kyoto University) Download paper [PDF:455KB] May 2020 20-E-041 Endogenous Business Cycles with Bubbles ASAOKA Shintaro (Institute of Economic Research, Kyoto University) Download paper [PDF:672KB] May 2020 20-E-040 Covid-19 Pandemic and Politics: The Cases of Florida and Ohio YANO Makoto (Chairman, RIETI) Download paper [PDF:568KB] April 2020 20-E-039 Heterogeneous Vulnerability to the COVID-19 Crisis and Implications for Inequality in Japan KIKUCHI Shinnosuke (Massachusetts Institute of Technology) / KITAO Sagiri (Faculty Fellow, RIETI) / MIKOSHIBA Minamo (University of Tokyo) Download paper [PDF:630KB] April 2020 20-E-038 The Effect of Exporting on Product Compositional Changes and a Manufacturing Plant's Average Product Characteristics in Japan ITO Keiko (Chuo University) / Chin Hee HAHN (Gachon University) Download paper [PDF:762KB] April 2020 20-E-037 The Propagation of Economic Impacts through Supply Chains: The Case of a Mega-city Lockdown to Prevent the Spread of COVID-19 INOUE Hiroyasu (University of Hyogo) / TODO Yasuyuki (Waseda University) Download paper [PDF:647KB] April 2020 20-E-036 Heterogeneous Treatment Effects of Place-based Policies: Which Cities Should be Targeted? FUJISHIMA Shota (Hitotsubashi University) / HOSHINO Tadao (Waseda University) / SUGAWARA Shinya (Tokyo University of Science) Download paper [PDF:766KB] April 2020 20-E-035 Transfer Pricing Regulation and Tax Competition Jay Pil CHOI (Michigan State University) / FURUSAWA Taiji (University of Tokyo) / ISHIKAWA Jota (Faculty Fellow, RIETI) Download paper [PDF:868KB] April 2020 20-E-034 Gender Differences in Campaigning under Alternative Voting Systems: Evidence from a Quantitative Text Analysis of Election Manifestos in Japan ONO Yoshikuni (Faculty Fellow, RIETI) / MIWA Hirofumi (Gakushuin University) Download paper [PDF:3.1MB] April 2020 20-E-033 Declining Demand and Product Quality: An Empirical Study of the Japanese PC Monitor Market OTA Rui (Yokohama City University) / ZHANG Lili (Nissan Trading China Co., Ltd) Download paper [PDF:627KB] April 2020 20-E-032 Heterogenous Job Separations and the Balassa-Samuelson Effect Noel GASTON (University of South Australia) / YOSHIMI Taiyo (Chuo University) Download paper [PDF:938KB] April 2020 20-E-031 A Structural Estimation of the Disutility of Commuting KONDO Keisuke (Senior Fellow, RIETI) Download paper [PDF:8.0MB] April 2020 20-E-030 The Credit Spread Curve Distribution and Economic Fluctuations in Japan OKIMOTO Tatsuyoshi (Visiting Fellow, RIETI) / TAKAOKA Sumiko (Seikei University) Download paper [PDF:340KB] April 2020 20-E-029 Differences in the Usage of Credit Guarantees Across Banks Xiuwei TANG (Northeast Electric Power University) / UCHIDA Hirofumi (Kobe University) Download paper [PDF:754KB] April 2020 20-E-028 Pernicious Bias and Judicial Illegitimacy: Do Americans Perceive Diverse Judges as Inherently Biased? 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