Structural Reform, Aggregate Productivity and Resource Allocation

JSPS Grant-in-Aid for Scientific Research (B)

Research Purpose

This research program aims at understanding both qualitative and quantitative impacts of growth strategies in Japan, including deregulation, labor market reform, and economic integration using general equilibrium models of heterogeneous agents and microeconomic empirical analyses.

We hope we will provide assessment of the structural reforms that have been made so far and guidance for desirable reforms that will be made in the future.

【Information 】

Jan 10-11,2020

Japan Economic Workshop at University of Hawaii

・HOSONO, Kaoru "Firm Age, Productivity, and Intangible Capital"


July 20,2018

The 10th World Congress of the Bachelier Finance Society

・HOSONO, Kaoru "A Model of Banks' Asset Securitization Programs"


June 28,2018

93rd Annual Conference of Western Economic Association International

・ YAMANOUCHI, Kenta "Firm Age, Productivity, and Intangible Capital "

・HOSONO, Kaoru " The Effects of Size-Dependent Tax Policy on Firms' Finance and Growth:

Evidence from Corporate Tax Reform in Japan "


June 27,2018

The 30th Asian Finance Association Annual Meeting

・HOTEI, Masaki "The Effects of Size-Dependent Tax Policy on Firms' Finance and Growth:

Evidence from Corporate Tax Reform in Japan "


March 19-20,2018

26th Symposium of the Society of Nonlinear Dynamics and Econometrics

・ YAMANOUCHI, Kenta "Competition, Uncertainty, and Productivity Dispersion"


Jan 11-14,2018

Western Economic Association International 14th International Conference

・HOSONO, Kaoru "Intangible Capital and the Choice of External Financing Sources"


Sep 22-24,2017

14th Conference on the Comparative Analysis of Enterprise Data, we made the following presentation.

・HOSONO, Kaoru "Intangible Assets and Firms' Liquidity Holdings: Evidence from Japan"

・MIYAKAWA, Daisuke "Do Overseas Subsidiaries Benefit from Parent Firms' Intengibles?"

・KWON, Hyeog Ug "Buyers, Suppliers, and R&D Spillovers"

・YAMANOUCHI, Kenta "Competition, Uncertainty, and Productivity Dispersion"


Sep 9-10,2017

At the 2017 Japanese Economic Association Autumn Meeting, we made the following presentation.

・TAKIZAWA, Miho "Do Overseas Subsidiaries Benefit from Parent Firms' Intangibles?"

・HOSONO, Kaoru "Intangible Assets and Firms' Liquidity Holdings: Evidence from Japan"

・YAMANOUCHI, Kenta "Competition, Uncertainty, and Misallocation"

・HOTEI, Masaki "Tax avoidance by capital reduction: Evidence from corporate tax reform in japan"


Aug 19,2017

73rd Annual Congres of the International Institute of Public Finance （IIPF) , we made the following presentation.

・HOTEI, Masaki "Tax avoidance by capital reduction: Evidence from corporate tax reform in Japan "


Aug 5, 2017

At the SWET : Summer Workshop on Economic Theory, we made the following presentation.

・YAMANOUCHI, Kenta "Competition, Uncertainty, and Misallocation"


August 3-4, 2017

At the 2017 Japan-Korea Microdata Workshop, we made the following presentation.

・HOSONO, Kaoru "Size-dependent Policy and Firm Growth"


June 25-29, 2017

At the Western Economic Association International 92nd Annual Conference, we made the following presentation.

・MIYAKAWA, Daisuke "Spillover Effect of Domestically Accumulated Intangibles to Overseas Subsidiaries"

・HOSONO, Kaoru "Intangible Assets and Firms' Liquidity Holdings: Evidence from Japan"

・YAMANOUCHI, Kenta "Competition, Uncertainty, and Misallocation"