Research

Publications (Refereed Scholarly)

Nishiyama, Shinichi, “The Joint Labor Supply Decision of Married Couples and the U.S. Social Security Pension System,” Review of Economic Dynamics, vol. 31, pages 277-304, January 2019. doi:10.1016/j.red.2018.08.001

Nishiyama, Shinichi, “Fiscal Policy Effects in a Heterogeneous-Agent OLG Economy with an Aging Population,” Journal of Economic Dynamics and Control, Vol. 61, pp. 114-132, December 2015. doi:10.1016/j.jedc.2015.09.007

Nishiyama, Shinichi, and Kent Smetters, “Financing Old Age Dependency,” Annual Review of Economics, Vol. 6, pp. 53-76, 2014. doi:10.1146/annurev-economics-080213-041304

Nishiyama, Shinichi, and Kent Smetters, “Analyzing Fiscal Policies in a Heterogeneous-Agent Overlapping-Generations Economy,” Chapter 3 in Kenneth L. Judd and Karl Schmedders, eds., Handbook of Computational Economics, vol. 3, February 2014. doi:10.1016/B978-0-444-52980-0.00003-7

Nishiyama, Shinichi, “The Budgetary and Welfare Effects of Tax-Deferred Retirement Saving Accounts,” Journal of Public Economics, Vol. 95, Nos. 11-12, pp. 1561-1578, December 2011. doi:10.1016/j.jpubeco.2011.07.010

Nishiyama, Shinichi, and Kent Smetters, “Does Social Security Privatization Produce Efficiency Gains?” Quarterly Journal of Economics, Vol. 122, No. 4, pp. 1677-1719, November 2007. doi:10.1162/qjec.2007.122.4.1677

Nishiyama, Shinichi, and Kent Smetters, “Consumption Taxes and Economic Efficiency with Idiosyncratic Wage Shocks,” Journal of Political Economy, Vol. 113, No. 5, pp. 1088-1115, October 2005. doi:10.1086/432137

Nishiyama, Shinichi, “Bequests, Inter Vivos Transfers, and Wealth Distribution,” Review of Economic Dynamics, Vol. 5, No. 4, pp. 892-931, October 2002. doi:10.1006/redy.2002.0185

Working Papers

Most papers are available through ideas.repec.org.

Nishiyama, Shinichi, and Felix Reichling, “The Costs to Different Generations of Policies That Close the Fiscal Gap,” Congressional Budget Office, Working Papers 2015-10, December 2015.

Nishiyama, Shinichi, “Fiscal Policy Effects in a Heterogeneous-Agent OLG Economy with an Aging Population,” Lancaster University, Department of Economics, LancasterWP2015_018, August 2015 (The long version of the JEDC paper).

Nishiyama, Shinichi, “The Joint Labor Supply Decision of Married Couples and the Social Security Pension System,” Lancaster University, Department of Economics, LancasterWP2015_017, August 2015; Michigan Retirement Research Center, Working Papers WP229, September 2010 (The earlier versions of the RED paper).

Nishiyama, Shinichi, “Fiscal Policy Effects in a Heterogeneous-Agent Overlapping-Generations Economy with an Aging Population,” Congressional Budget Office, Working Paper 2013-07, December 2013.

Nishiyama, Shinichi, and Kent Smetters, “The Optimal Design of Social Security Benefits,” Michigan Retirement Research Center, Working Papers WP197, September 2008.

Nishiyama, Shinichi, and Kent Smetters, “Social Security Privatization with Income-Mortality Correlation,” Michigan Retirement Research Center, Working Papers WP140, November 2006.

Yamauchi, Futoshi, and Shinichi Nishiyama, “Community, Inequality, and Local Public Goods: Evidence from School Financing in South Africa,” International Food Policy Research Institute (IFPRI), FCND Discussion Papers 201, March 2005.

Nishiyama, Shinichi, and Kent Smetters, “Does Social Security Privatization Produce Efficiency Gains?” Congressional Budget Office, Technical Papers 2005-04, April 2005; NBER Working Paper #11622, September 2005 (The earlier version of the QJE paper with different policy assumptions).

Arnold, Robert, Ufuk Demiroglu, Robert Dennis, Tracy Foertsch, Douglas Hamilton, Mark Lasky, Shinichi Nishiyama, Larry Ozanne, John Peterson, Frank Russek, John Sturrock, and David Weiner, “Macroeconomic Analysis of a 10 Percent Cut in Income Tax Rates,” Congressional Budget Office, Technical Papers 2004-07, May 2004.

Nishiyama, Shinichi, “Analyzing an Aging Population---A Dynamic General Equilibrium Approach,” CIRJE, Faculty of Economics, University of Tokyo, CIRJE-F-266, March 2004; Congressional Budget Office, Technical Papers 2004-03, February 2004.

Nishiyama, Shinichi, “Analyzing Tax Policy Changes Using a Stochastic OLG Model with Heterogeneous Households,” Congressional Budget Office, Technical Papers 2003-12, December 2003.

Nishiyama, Shinichi, and Kent Smetters, “Consumption Taxes and Economic Efficiency in a Stochastic OLG Economy,” NBER Working Paper #9492, February 2003; Congressional Budget Office, Technical Papers 2002-06, December 2002 (The old and long version of the JPE paper).

Nishiyama, Shinichi, and Kent Smetters, “Ricardian Equivalence with Incomplete Household Risk Sharing,” NBER Working Paper #8851, March 2002; Congressional Budget Office, Technical Papers 2002-04, November 2002.

Nishiyama, Shinichi, “Bequests, Inter Vivos Transfers, and Wealth Distribution,” Congressional Budget Office, Technical Papers 2000-08, December 2000.

Nishiyama, Shinichi, “Measuring Time Preference and Parental Altruism,” Congressional Budget Office, Technical Papers 2000-07, October 2000 (originally titled as “Patience and Intergenerational Altruism: A Measurement of Their Sizes”).