Books in the Development Bank of Japan Research Series series

This unique book develops an operational approach to preference and rationality as the author employs operators over binary relations to capture the concept of rationality.

This book theoretically and empirically explores why Japanese banks engaged in seemingly contradictory behaviors in the 1990s, namely, the credit crunch and evergreening, i.e., inefficient additional lending.

It covers three different contexts of social welfare evaluation, namely, social welfare evaluation within a generation, intergenerational social welfare evaluation involving infinitely many generations, and intergenerational social welfare evaluation with variable population sizes of generations.

This Brief sheds new light on three specific aspects of economic behavior - companies offering prize promotions, individuals making anonymous donations, and politicians creating political advertisements.

While one may argue that Harrod (1939) and Domar (1946) have already achieved that, Shimomura's theory centers policy recommendations for sustaining the high economic growth against the productivity growth that would cause excess supply in the market.

This book carefully examines the effects of changes in the corporate governance structure on corporate behavior or company performance, using micro-data from listed companies in Japan.

Conventional wisdom dictates that a fiscal policy should be counter-cyclical. In particular, by incorporating the political effort behavior of private agents into a weak government model, we explore how income fluctuations affect the optimal budget deficits in a political economy.

Exploiting the corporate financial dataset compiled by the Development Bank of Japan, it shows empirical evidence that an excessive conservative financial policy of firms in good standing were responsible for sluggish reallocation of productive resources after the recovery of "zombie" firms.

In this book, the basic information from each survey such as sampling methods, survey techniques, and available variables is provided and then compared to check the consistency across the same variables reported in different surveys.