| Working Paper |
File Downloads |
Abstract Views |
| Last month |
3 months |
12 months |
Total |
Last month |
3 months |
12 months |
Total |
| A Household’s Preferences Vary Depending on Whether Incomes Are Permanent or Temporary: A Solution to the Time-Inconsistency Problem and Equity-Premium Puzzle |
0 |
0 |
0 |
3 |
1 |
2 |
10 |
14 |
| A Mechanism of Cyclical Volatility in the Vacancy-Unemployment Ratio: What Is the Source of Rigidity? |
0 |
0 |
0 |
18 |
1 |
1 |
6 |
87 |
| A Mechanism of Inflation Differentials and Current Account Imbalances in the Euro Area |
0 |
0 |
0 |
94 |
1 |
1 |
17 |
199 |
| A Mechanism of Recession that Accompanies Persistent Pareto Inefficiency |
0 |
0 |
0 |
17 |
0 |
1 |
5 |
25 |
| A Microfounded Mechanism of Observed Substantial Inflation Persistence |
0 |
0 |
0 |
37 |
0 |
1 |
34 |
184 |
| A Model of Total Factor Productivity Built on Hayek’s View of Knowledge: What Really Went Wrong with Socialist Planned Economies? |
0 |
0 |
0 |
62 |
2 |
2 |
32 |
177 |
| A More Realistic Endogenous Time Preference Model and the Slump in Japan |
0 |
0 |
0 |
155 |
1 |
2 |
14 |
544 |
| A New Asymptotically Non-Scale Endogenous Growth Model |
0 |
0 |
0 |
73 |
0 |
0 |
12 |
246 |
| A Pareto Inefficient Path to Steady State in Recession |
0 |
0 |
0 |
18 |
0 |
2 |
10 |
59 |
| A Possibility of Protracted Output Gaps in an Economy without Any Rigidity |
0 |
0 |
0 |
33 |
0 |
1 |
7 |
244 |
| A Theory of Deflation: Can Expectations Be Influenced by a Central Bank? |
0 |
0 |
0 |
74 |
1 |
2 |
21 |
77 |
| A Theory of Inflation: The Law of Motion for Inflation under the MDC-based Procedure |
0 |
0 |
0 |
20 |
0 |
0 |
8 |
68 |
| A Theory of Inflation: The Law of Motion for Inflation under the MDC-based Procedure |
0 |
0 |
0 |
1 |
0 |
0 |
7 |
11 |
| A Theory of Intelligence and Total Factor Productivity: Value Added Reflects the Fruits of Fluid Intelligence |
0 |
0 |
0 |
53 |
0 |
0 |
17 |
114 |
| A Theory of Total Factor Productivity and the Convergence Hypothesis: Workers’ Innovations as an Essential Element |
0 |
0 |
1 |
74 |
2 |
4 |
29 |
379 |
| A Theory of the Credit-to-GDP Gap: Using Credit Gaps to Predict Financial Crises |
0 |
0 |
0 |
7 |
1 |
3 |
32 |
52 |
| A Theory on the Economic Impacts of Immigration |
0 |
0 |
0 |
78 |
0 |
0 |
17 |
133 |
| A Way Out of the Euro Crisis: Fiscal Transfers Are Indispensable for Sustainability in a Union with Heterogeneous Members |
0 |
0 |
0 |
46 |
0 |
0 |
8 |
67 |
| An Acceleration Mechanism of Within-Country Inequality by Globalization |
0 |
0 |
0 |
16 |
0 |
0 |
4 |
33 |
| An Alternative Rationale for the Necessity of an Inheritance Tax |
0 |
0 |
0 |
26 |
0 |
0 |
11 |
44 |
| An Asymptotically Non-Scale Endogenous Growth Model |
0 |
0 |
0 |
25 |
0 |
0 |
20 |
97 |
| An Economic Model of Public Funding of Science: The Optimal Ratio of Discovery to Invention for Endogenous Growth |
0 |
1 |
32 |
32 |
0 |
4 |
19 |
19 |
| An Economic Model of Ranked Information and "Big Picture" |
0 |
0 |
0 |
0 |
1 |
1 |
1 |
1 |
| An Economic Theory of Disinformation |
0 |
1 |
14 |
93 |
5 |
12 |
86 |
331 |
| An Economic Theory of Education Externalities: Effects of Education Capital |
0 |
0 |
2 |
36 |
0 |
2 |
20 |
66 |
| An Estimate of the Elasticity of Intertemporal Substitution in a Production Economy |
0 |
0 |
0 |
479 |
1 |
1 |
7 |
1,518 |
| Asymmetric Information and Ranked Information Are Equivalent in Making Information Utilization Heterogeneous |
0 |
0 |
0 |
7 |
0 |
0 |
11 |
23 |
| Bubbles and Bluffs: Risk Lovers Can Survive Economically |
0 |
0 |
0 |
30 |
0 |
0 |
9 |
58 |
| Bubbles, Bluffs, and Greed |
0 |
0 |
0 |
14 |
0 |
1 |
14 |
62 |
| Consequence of Heterogeneous Economic Rents under the MDC-based Procedure |
0 |
0 |
0 |
3 |
0 |
0 |
4 |
14 |
| Depression as a Nash Equilibrium Consisting of Strategies of Choosing a Pareto Inefficient Transition Path |
0 |
0 |
1 |
20 |
0 |
1 |
8 |
166 |
| Disinformation and Mutual Trust: An Economic Model |
0 |
0 |
0 |
7 |
0 |
0 |
14 |
28 |
| Disinformation and “Bad” Financial Speculations: A Mechanism behind Financial Crises |
0 |
0 |
1 |
6 |
0 |
0 |
12 |
15 |
| Disinformation, Benefit of Group Membership, and Conscience: An Economic Model |
0 |
0 |
0 |
3 |
0 |
0 |
12 |
15 |
| Division of Work and Fragmented Information: An Explanation for the Diminishing Marginal Product of Labor |
0 |
1 |
3 |
29 |
0 |
1 |
28 |
237 |
| Do Households Actually Generate Rational Expectations? “Invisible Hand” for Steady State |
0 |
0 |
0 |
14 |
1 |
1 |
18 |
41 |
| Economic Inequality Exacerbated by Economic Rents from Exploitative Contracting |
0 |
0 |
0 |
4 |
0 |
0 |
10 |
23 |
| Economic Inequality and Heterogeneous Success Rates of Investment |
0 |
0 |
0 |
11 |
0 |
0 |
7 |
12 |
| Economic Rents Extracted in the Process of Consumption |
0 |
0 |
0 |
2 |
2 |
2 |
13 |
18 |
| Economic Utility Obtained from “Sense of Play”: Marketing in Evolution toward “Play-Oriented Economies” |
0 |
0 |
1 |
3 |
0 |
1 |
14 |
17 |
| Endogenous Growth Models in Open Economies: A Possibility of Permanent Current Account Deficits |
0 |
0 |
0 |
41 |
1 |
1 |
11 |
95 |
| Endogenous Growth Models in Open Economies: A Possibility of Permanent Current Account Deficits |
0 |
0 |
0 |
201 |
0 |
0 |
13 |
550 |
| Escaping a Liquidity Trap: Keynes’ Prescription Is Right But His Reasoning Is Wrong |
0 |
0 |
0 |
43 |
1 |
2 |
19 |
98 |
| How Many Innovations Need to Be Produced in the Process of Endogenous Growth with Fluid Intelligence |
0 |
0 |
0 |
10 |
0 |
0 |
17 |
27 |
| Hyperinflation, disinflation, deflation, etc.: A unified and micro-founded explanation for inflation |
0 |
0 |
0 |
86 |
0 |
7 |
22 |
560 |
| Importance of Conscience in Total Factor Productivity: An Economic Model |
0 |
0 |
3 |
3 |
1 |
1 |
7 |
7 |
| Law of Motion for Economic Inequality: An Analogy to Newtonian Mechanics |
0 |
1 |
1 |
1 |
1 |
2 |
2 |
2 |
| Law of Motion for Inflation: An Analogy to Newtonian Mechanics |
0 |
3 |
3 |
3 |
0 |
2 |
2 |
2 |
| Live and Let Live: Sustainable Heterogeneity Will Generally Prevail |
0 |
0 |
0 |
2 |
0 |
0 |
8 |
42 |
| Macroeconomics Is Still Useful and Necessary: A Mechanism to Explain the Condition when Strict Convexity is Unsatisfied |
0 |
0 |
0 |
1 |
0 |
0 |
14 |
21 |
| Mechanisms that Make Economic Inequality Increase in Democratic Countries |
0 |
0 |
0 |
5 |
0 |
0 |
6 |
16 |
| Numerical Simulation of Economic Depression |
0 |
0 |
0 |
9 |
0 |
1 |
9 |
16 |
| Numerical Simulation of Economic Inequality Widened by the Persistent Effects of Temporary Rent Income |
0 |
0 |
0 |
0 |
0 |
1 |
9 |
11 |
| Numerical Simulation of Reaching a Steady State: Effects of Economic Rents on Development of Economic Inequality |
0 |
0 |
1 |
8 |
1 |
1 |
6 |
10 |
| Numerical Simulation of Reaching a Steady State: Effects of Using Progressive Income Tax and Public Assistance |
0 |
0 |
4 |
4 |
2 |
2 |
7 |
7 |
| Numerical Simulation of an Endogenously Growing Economy and Its Balanced Growth Path |
0 |
0 |
0 |
8 |
0 |
1 |
13 |
23 |
| Numerical Simulations of How Economic Inequality Increases in Democratic Countries |
0 |
0 |
0 |
5 |
0 |
1 |
9 |
20 |
| Numerical Simulations of Reaching a Steady State: No Need to Generate Any Rational Expectations |
0 |
0 |
0 |
7 |
0 |
0 |
11 |
16 |
| Personal Bankruptcy Can Be Economically Justified Even in a Non-stochastic Environment |
0 |
0 |
3 |
3 |
0 |
0 |
4 |
4 |
| Preventing Widening Inequality: Economic Rents and Sustainable Heterogeneity |
0 |
0 |
0 |
11 |
0 |
0 |
12 |
45 |
| Ranking Value and Preference: A Model of Superstardom |
0 |
0 |
0 |
17 |
0 |
1 |
13 |
76 |
| Rethinking the Ability-to-Pay and Equal Sacrifice Principles of Taxation: An Alternative Rationale for a Progressive Income Tax |
0 |
0 |
2 |
33 |
3 |
4 |
34 |
124 |
| Secular Increase in Economic Inequality Accompanying a Constant Output/Capital Ratio |
0 |
0 |
0 |
1 |
0 |
0 |
5 |
11 |
| Should a Government Fiscally Intervene in a Recession and, If So, How? |
0 |
0 |
1 |
22 |
0 |
3 |
14 |
70 |
| Superstars in Team Sports: An Economic Model |
0 |
0 |
0 |
59 |
1 |
1 |
12 |
137 |
| Sustainable Heterogeneity as the Unique Socially Optimal Allocation for Almost All Social Welfare Functions |
0 |
0 |
0 |
10 |
0 |
0 |
11 |
77 |
| Sustainable Heterogeneity in Exogenous Growth Models: The Socially Optimal Distribution by Government’s Intervention |
0 |
0 |
0 |
7 |
0 |
0 |
10 |
73 |
| Sustainable Heterogeneity: Inequality, Growth, and Social Welfare in a Heterogeneous Population |
0 |
0 |
0 |
44 |
0 |
0 |
10 |
178 |
| The Bad Government: A Source of Uncertainty and Business Fluctuations |
0 |
0 |
0 |
87 |
0 |
0 |
10 |
467 |
| The Cause of the Great Inflation: Interactions between the Government and the Monetary Policymakers |
0 |
0 |
0 |
293 |
0 |
0 |
19 |
906 |
| The Cause of the Great Recession: What Caused the Downward Shift of the GDP Trend in the United States? |
0 |
0 |
0 |
39 |
1 |
2 |
10 |
80 |
| The Correlation between Time Preference and Incomes Is Spurious: They Are Bridged by Fluid Intelligence |
0 |
0 |
0 |
14 |
1 |
1 |
19 |
35 |
| The Impending Long March of the Chinese Economy |
0 |
0 |
1 |
39 |
0 |
1 |
19 |
66 |
| The Mechanism behind Product Differentiation: An Economic Model |
0 |
0 |
0 |
69 |
0 |
0 |
18 |
75 |
| The Optimal Quantity of Money Consistent with Positive Nominal Interest Rates |
0 |
0 |
0 |
54 |
1 |
2 |
10 |
338 |
| The Phillips Curve and a Micro-foundation of Trend Inflation |
0 |
0 |
1 |
41 |
0 |
0 |
13 |
80 |
| The Pro-cyclical R&D Puzzle: Technology Shocks and Pro-cyclical R&D Expenditure |
0 |
0 |
0 |
252 |
2 |
3 |
9 |
804 |
| The Rate of Time Preference of Government |
0 |
0 |
0 |
31 |
0 |
0 |
21 |
63 |
| The Representative Household Assumption Requires sustainable Heterogeneity in Dynamic Models |
0 |
0 |
1 |
40 |
0 |
1 |
10 |
648 |
| The Root Cause of Sovereign Default |
0 |
0 |
0 |
40 |
0 |
0 |
9 |
60 |
| The Sustainability of Budget Deficits in an Inflationary Economy |
0 |
0 |
0 |
94 |
1 |
2 |
14 |
328 |
| The Ultimate Source of Inflation: A Microfoundation of the Fiscal Theory of the Price Level |
0 |
0 |
0 |
228 |
2 |
3 |
22 |
1,017 |
| Time Preference Shocks |
0 |
0 |
1 |
40 |
0 |
0 |
6 |
152 |
| Trade Liberalization and Heterogeneous Rates of Time Preference across Countries: A Possibility of Trade Deficits with China |
0 |
0 |
0 |
14 |
0 |
0 |
13 |
59 |
| Trade Liberalization and Heterogeneous Time Preference across Countries: A Possibility of Trade Deficits with China |
0 |
0 |
0 |
91 |
1 |
1 |
9 |
277 |
| Wage Inequality and Innovative Intelligence-Biased Technological Change |
0 |
0 |
0 |
18 |
0 |
1 |
7 |
35 |
| Why Are Inflation and Real Interest Rates So Low? A Mechanism of Low and Floating Real Interest and Inflation Rates |
0 |
0 |
0 |
53 |
12 |
13 |
27 |
121 |
| Why Has the U.S. Current Account Deficit Persisted? International Sustainable Heterogeneity under Floating Exchange Rates |
0 |
0 |
0 |
25 |
0 |
0 |
12 |
31 |
| Why Is Executive Compensation So High? A Model of Executive Compensation |
0 |
0 |
0 |
38 |
0 |
0 |
7 |
82 |
| Why Is Risk Aversion Essentially Important for Endogenous Economic Growth? |
0 |
0 |
1 |
14 |
2 |
5 |
27 |
49 |
| Why should central banks be independent? |
0 |
0 |
0 |
298 |
0 |
0 |
8 |
1,315 |
| Total Working Papers |
0 |
7 |
78 |
4,279 |
54 |
115 |
1,257 |
14,924 |
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