KEIO ECONOMIC SOCIETYDISCUSSION PAPER SERIES
1979 年度
KESDP No.1 (1979) Yoko Sazanami, J. Kikuchi & K. Onoda, “Effects of Trade
Liberalization on Employment and Economic Welfare -Some
Quantitative Assessments of Removing Trade Barriers on
Agricultural Products in Japan” 25pages.
KESDP No. 2 (1979) Fumimasa Hamada, “Inter-Industry Allocation of Investment:
An Economic Approach” 52pages.
KESDP No. 3 (1981) Osamu Saito, “Population and the Peasant Family Economy
in Proto-Industrial Japan “ 23pages.
1982 年度
KESDP No. 4 (1982) Haruo Shimada, “Wage Determination and Labor Market in
Japan: A Corporatist Approach” 39pages.
KESDP No. 5 (1982) Haruo Shimada, “Japanese Postwar Industrial Growth &Labor-Management Relations” 10pages.
1983 年度
KESDP No. 6 (1983) Haruo Shimada, “International Trade and Labour Market
Adjustment : A Case of Japan” 50pages.
KESDP No. 7 (1983) Haruo Shimada, “An Analysis of Trends in Female Labor
Force Participation in Japan” 29pages.
1984 年度
KESDP No. 8 (1984) Kunio Kawamata, “Conjectural Variations and Oligopolistic
Equilibrium” 31pages.
KESDP No. 9 (1984) Michihiro Ohyama, “Factor Endowment and the Pattern ofCommodity and Factor Trade” 19 pages.
KESDP No. 10 (1984) Michihiro Ohyama, “The Natural Wage Rate Hypothesis : A
Theory of Unemployment and Inflation” 23 pages.
KESDP No. 11 (1984) Shinsuke Nakamura, “Existence of Fair Allocations in an
Economy with Public Goods” 20 pages.
KESDP No. 12 (1984) Yukio Watanabe, “The Role of Very Small Engineering Firms
in Tokyo” 25pages.

KESDP No. 13 (1984) Yoko Sazanami, “Japanese Trade in the Pacific Rim—
Relationship between Trade & Investment—” 29 pages.
1985 年度
KESDP No. 14 (1985) Yoko Sazanami & Atsuko Matsumura, “Income and Price
Elasticities in U.S.-Japan Bilateral Trade” 12 pages.
KESDP No. 15 (1985) Haruo Shimada & Hitoshi Hayami, “The Revision of Labor
Standard Law —Japanese Case” 34 pages.
1986 年度
KESDP No. 16 (1986) Eiji Hosoda, “Competitive Equilibrium and Wage-Profit
Frontier” 30pages.
KESDP No. 17 (1986) Eiji Hosoda, “Reconsideration of the Dual Relationship in A
Theory of Capital : Graphical Presentation” 26 pages.
1987 年度
KESDP No. 18 (1987) Fumimasa Hamada, “A Dynamic Anticipation and Economic
Behavior : An Application of the Expect System” 20 pages.
KESDP No. 19(1987) Yoko Sazanami, “The Japanese Economy between Western
Europe and Asia” 28 pages.
KESDP No. 20(1987) 平野絢子「戦後日本の近代化投資と産業資金供給」 9 pages
KESDP No. 21(1987) 大島通義「戦後日本の財政政策と経済の高度成長への展開」
9 pages.
KESDP No .22(1987) 常盤政治「戦後の日本の三大改革と高度経済成長」 9 pages.

1988 年度
KESDP No. 8801 (1988) Michihiro Ohyama, “Exchange Rates, the Terms of Tradeand the Current Account” 42 pages.
KESDP No. 8802 (1988) Michio Terade, “A Marxian Interpretation of Asiatic
Societies” 33 pages.
KESDP No. 8803 (1988) Eiji Hosoda, “A Desegregated Capitalist Economy in A
Short-Run Equilibrium” 27 pages.
1989 年度
KESDP No. 8901 (1989) Fumimasa Hamada, “Distributed Expectations andSecurity Price Determination” 29 pages.
KESDP No. 8902 (1989) Michihiro Ohyama, “Human Capital and EndogenousEconomic Growth”

26 pages.

KESDP No. 8903 (1989) Shinsuke Nakamura, Qi Li and Guoqiang Tian, “NashImplementation of the Lindahl Correspondence with Decreasing
Returns to Scale Technology” 19 pages.
1990 年度
KESDP No. 9001 (1990) Eiji Hosoda, “On Technology and Value”

21 pages.

* KESDP No. 9002 (1990) 中野英夫「財政製作の産出効果について」 54 pages.
KESDP No. 9003 (1990) Shuhei Shiozawa, “Monetary Policy and International
Money Flow” 19 pages.
KESDP No. 9004 (1990) Michihiro Ohyama, “Firms, Entry and Hysteresis in the
Heckscher-Ohlin-Samuelson Model of Production and Trade” 37 pages.
* KESDP No. 9005 (1990) Tadaaki Yoshioka “An Incentive Compatible Tax Rulefor Attaining Lindahl Allocations” 13pages.
* KESDP No. 9006 (1990) Tadaaki Yoshioka “Nash Implementation of Walrasian
Allocations by A Smooth and Balanced Outcome Function for Twoor Agents” 7 pages.
KESDP No. 9007 (1990) Eiji Hosoda, “Growth and Distribution under An
Environmental Restriction” 40 pages.
1991 年度
KESDP No. 9101 (1991) Fumimasa Hamada, “A Mechanism of Swelling Currency”
26 pages.
KESDP No.9102 (1991) Yoko Sazanami, “Determinants of Japanese Foreign Direct
Investment-Locational Attractiveness of European Countries toJapanese Multinationals” 54 pages.
Graduate Student No.9101 (1991) 井出多加子＊「地価の動学的マクロ経済分析—金融緩和と土地税制の効果に関する理論・実証研究」 28 pages.

1992 年度
KESDP No. 9201 (1992) Eiji Hosoda, “Consumers’ Puchase of Emission Rights”
30 pages.
KESDP No. 9202 (1992) Kunio Kawamata & Koji Ishibashi, “Labour Efforts,
Interpersonal Comparisons of Utility and Optimal Taxation” 22 pages.
KESDP No. 9203 (1992) Yoko Sazanami, “Japanese Service Foreign Direct Investment
to the Asia Pacific” 22 pages.

1993 年度
KESDP No .9301 (1993) Eiji Hosoda & Michio Terade, “Woodcutting in an
Agricultural Community” 23 pages.
KESDP No. 9302 (1993) Shumpei Takemori & Masatoshi Tsumagari, “Optimal
Trade Taxes in the Presence of Foreign Ownership and Equity
Exchanges” 27 pages.
KESDP No. 9303 (1993) Eiji Hosoda, “Trade of Emission Rights and Stability”
17 pages.
KESDP No. 9304 (1993) Hiroaki Osana, “The Minimal Informational Size of
Message Spaces of Allocation Mechanisms for Indecomposable
Environments” 27 pages.
KESDP No. 9305 (1993) 吉野直行＆義村政治, 「金融政策反応関数の変化とマネー
サプライコントロール」 46 pages.
KESDP No. 9306 (1993) Shuhei Shiozawa, “International Capital Movements—Competitive Capital Market and Direct Investment—” 25 pages.
KESDP No. 9307 (1993) Naoyuki Yoshino, “Changing Behavior of Private Banksand Corporations and Monetary Policy in Japan” 56 pages.
Graduate Student No. 9301 (1993) Hussein Kotby ＊ “The Privatization Debate : A
Micro-Economic Perspective” 35 pages.
1994 年度
KESDP No. 9401 (1994) Eiji Hosoda, “Wastes, Recycling and Reproduction in a Linear
Economy” 22 pages.
KESDP No. 9402 (1994) Hiroaki Osana, “Nash-Implementation of the Weak Pareto
Choice Rule for Indecomposable Environments” 12 pages.
KESDP No. 9403 (1994) 吉野直行＆藤田康範, 「公的金融と民間金融が存続する金融市場における競争と経済厚生」 18 pages.
KESDP No. 9404 (1994) Yoko Sazanami & Wong Yu Ching, “Strategies of JapaneseMultinationals : Changes in the Locational Importance of Asia, EC and North
America” 28 pages.
Graduate Student No.9401 (1994) Emiko Magoshi, “Trans-Cultural Management ofJapanese Multinationals” 34 pages.
Graduate Student No. 9402 (1994) Rie Shibuya, “Ambivalente Romantik : Naturund Sozietätsphilosophie bei Franz Xaver von Baader” 61 pages.

1995 年度
KESDP No. 9501 (1995) 吉野直行,「新産業育成のための金融商品の提供」 21 pages.
KESDP No. 9502 (1995) Eiji Hosoda, “On Asymmetry of Price Control and Quantity
Control in an Environmental Policy” 17 pages.
KESDP No. 9503 (1995) Naoyuki Yoshino & Masaharu Yoshimura, “An Empirical
Analysis of Monetary Policy Reactions and Monetary Policy
Instruments in Japan” 30 pages.
KESDP No. 9504 (1995) 吉野直行＆藤田康範, 「寡占的金融市場における公的金融の役割」, 13 pages.
KESDP No. 9505 (1995) Takako Fujiwara-Greve, “Wage Differentials as Reputation
Equilibria” 43 pages.
KESDP No. 9506 (1996) Yoko Sazanami & Wong Yu Ching, “The Determinants ofIntrafirm Transactions and Intrafirm Trade Among Japanese MNEs” 30 pages.
1996 年度
KESDP No. 9601 (1996) Takako Fujiwara-Greve & Henrich R. Greve, “Industry
Diversity, Inequality, and Reputational on Wages : Evidence from
Norwegian Data” 40 pages.
KESDP No. 9602 (1996) 吉野直行＆義村政治, 「地価の変動要因とそのマクロ経済効果」, 15 pages.
KESDP No. 9603 (1996) 瀬下博之＆吉野直行, 「地価の変動が銀行行動に与える影響」
23 pages.
KESDP No. 9604 (1996) Shuhei Shiozawa, “Environmental Tax System andEfficient Energy Allocation” 15 pages.

1997 年度
KESDP No. 9701 (1997) 吉野直行＆中田真佐男,「政策金融の投資誘導効果」 33 pages.
KESDP No. 9702 (1997) Takako Fujiwara-Greve, “Repeated Games with Outside
Offers I : Structure of Trigger Strategy Equilibrium Payoffs” 52 pages.
KESDP No. 9703 (1997) Hideo Nakano & Shumpei Takemori, “Is the High Land
Price an Obstacle to Foreign Direct Investment in Japan?” 39 pages.
KESDP No. 9704 (1997) Ph. R. Mosse, “Health Care Reforms in Europe

- a view from Japan -”22 pages.

KESDP No. 9705 (1997) Hiroaki Osana, “Nash-Implementation of the Weak Pareto
Choice Rule for Indecomposable Environments” 33 pages.
KESDP No. 9706 (1997) James R. Rhodes & Naoyuki Yoshino, “Window Guidanceby the Bank of Japan : Was Lending Controlled?” 41 pages.
KESDP No. 9707 (1997) Sahoko Kaji, “Successful Structural reforms after Emu”
KESDP No. 9708 (1997) 柳澤

37 pages.

遊, 「慶應義塾図書館「満鉄」関係蔵書目録」 80 pages.

KESDP No. 9709 (1997) Shuhei Shiozawa, “Annuity Insurance System in an
Overlapping- generations Model of Aging Society” 18 pages.
KESDP No. 9710 (1997) Koji Ishibashi, “Optimal Financial Contracts for Long-Term
Projects under the Presence of Competing Firms” 34 pages
KESDP No. 9711 (1997) Koji Ishibashi, “Strategic Delegation under Quality Competition”
29 pages
KESDP No. 9712 (1997) Ken’ichi Tomobe, “Statistical Observations on Stillbirth andInfantDeath of North-Eastern Tokugawa Villages and Illegal
Abortion of Later Meiji Japan : Toward A Social Sciences
History of Childbirth in Traditional Japan” 18 pages
KESDP No. 9713 (1997) 矢野 誠, 「一般均衡モデルにおける財政政策の一時性と恒久性について」 55 pages.
KESDP No. 9714 (1997) Makoto Yano, “Stability and Turnpike Theorems in Dynamic
Competitive Equilibrium” 43 pages
KESDP No. 9715 (1997) Sahoko Kaji, “The Japanese Financial Sector and34 pages

Globalisation”

1998 年度
KESDP No. 9801 (1998) Makoto Yano & Jeffrey B. Nugent, “Aid, Non-Traded Goods and theTransfer Paradox in Small Countries” 39 pages

KESDP No. 9802 (1998) Michihiro Ohyama, “Market, Trade and Welfare in General
Equilibrium” 30 pages.
KESDP No.9803 (1998) Eiji Hosoda, “Bads as Joint Products”

32 pages.

KESDP No. 9804 (1998) Makoto Yano & Fumio Dei, “A Trade Model with Vertical
Production Chain Competition Policy in the Downstream Sector” 31 pages.
KESDP No. 9805 (1998) Takako Fujiwara-Greve & Carsten Krabbe Nielsen,“Learning with Forward Looking Players” 28 pages.
KESDP No. 9806 (1998) Sahoko Kaji, “Financial Markets and Globalisation”
59pages.

1999 年度
KESDP No. 9901 (1999) 吉野直行＆中田真佐男、「平成不況期における設備投資の低迷と財投融資の投資誘導効果 —設備投資関数と設備資金貸出供給関数の同時方程式体系による実証分析—」 56 pages.
KESDP No. 9902 (1999) Michihiro Ohyama, “The Economic Significance of the
GATT/WTO Rules” 23 pages.
KESDP No. 9903 (1999) 友部謙一、「徳川農村における「出生力」とその近接要因について—「間引き」説の批判と農村母性の変遷をめぐる考察—」
33 pages.
KESDP No. 9904 (1999) 友部謙一、「日本農村の出生力水準—ハッテライト指標の分析 1700 年代から 1930 年代—」

26 pages.

KESDP No. 9905 (1999) 土居丈朗、「わが国の政府債務に持続可能性と財政運営」
21 pages.
KESDP No. 9906 (1999) Yoshimasa Shirai, “Moral Hazard in Credit Market andEconomic Growth” 21 pages.
KESDP No. 9907 (1999) Yoshimasa Shirai, “Investment Dynamics with Changing
Attitudes toward Risk” 36 pages.
KESDP No. 9908 (1999) Yoshimasa Shirai, “Product Development Cycles”

30 pages.
KESDP No. 9909 (1999) Masanao Aoki & Yoshimasa Shirai, “Another Look at
the Diamond Search Model: Stochastic Cycles and Equilibrium
Selection in Search Equilibrium” 34 pages
KESDP No. 9910 (1999) 友部謙一、「プロト工業化と人口」
KESDP No. 9911 (1999) 友部謙一、「近世中後期の人口」

16pages.
20pages.

KESDP No. 9912 (1999) Sahoko Kaji, “The End of Japan as We Have Known It”
14 pages.
KESDP No. 9913 (1999) Sahoko Kaji, “What can Countries do to avoid a Financial Crisis?”
27 pages.
KESDP No. 9914 (1999) 友部謙一、「歴史のなかの家族と「家」の成立からみた近世日本農村の事例—」 14 pages.

—人口と市場

KESDP No. 9915 (1999) Makoto Yano, “Trade Imbalance and Domestic Market Competition
Policy” 30 pages.
KESDP No. 9916 (1999) 友部謙一、「百姓一揆からみた幕末農民の市場「心性」Mentalitté─市場・権力・地域、1844 年〜1867 年— KEIO-CRONOS (G-SEC)をつかって」 35 pages.

2000 年度
KESDP No. 00-1 (2000) Ken’ichi Tomobe, “Coale-Trussell indices, breast-feeding andInfanticide in Tokugawa Japan” 34 pages.
KESDP No. 00-2 (2000) 友部謙一、「徳川前期の人口増加と「家」の成立
経済からみた「直系家族」形成試論─」 33 pages.

─人口と市場

KESDP No. 00-3 (2000)Yi-Hang Shao & Denzo Kamiya, “A New Approach to the Economic
Growthwith Endogenous Government Spending” 18 pages.
KESDP No. 00-4 (2000) Teruo Nakatsuma, “Bayesian ARCH Model Selection”

26pages.

KESDP No. 00-5 (2000) Yukihisa Utsumi and Mikio Nakayama, “The Core Equals StrongEquilibria in a Public Goods Economy”

10 pages.

KESDP No. 00-6 (2000) Mokio Nakayama, “Kinship Recognition and Self-Sacrifice in
the Prisoner’s Dilemma” 13pages.
KESDP No. 00-7 (2000) 友部謙一、「幕末期摂津農村における市場経済化・農家経済・
ライフサイクル：摂津国多紀郡大山宮村、天保 4 年〜慶應 2 年
─プロト工業化論の批判的検討と歴史人口学の成果─」 31 pages.
KESDP No. 00-8 (2000) 友部謙一、「歴史人口学における方法と史料：数量経済史と社会史の接点」 12 pages.
KESDP No. 00-9 (2000) 津谷典子、「近世日本の出生レジ−ム：奥州二本松藩農村の人別改帳デ−タのイベント・ヒストリー分析」 29 pages.
KESDP No. 00-10 (2000) Noriko O.Tsuya, “Nuptiality change in Asia: Patterns, Causes,
and Prospects”49 pages.

2001 年度
KESDP No. 01-1 (2001) 飯島高雄＆池尾和人、「韓国の金融システムにおける政府の役割」47 pages.
KESDP No. 01-2 (2001) Ken’ichi Tomobe＆Tomoko Shimada, “Patterns of Peasant’s Market
Behavior Embedded in Agricultural Production of Early Meiji Japan: aquantitative analysis of Nohi Ryogoku Choson Ryakushi, ca.1882” 16 pages.
KESDP No. 01-3(2001) Noriko O. Tsuya, “Family Formation, Childbearing and Population
Aging in Japan” 23 pages.
KESDP No. 01-4 (2001) Ken’ichi Tomobe, “Agricultural Production Function, Labor
Productivity, and Wage Embedded in Meiji Peasant Productive Behaviors:
a quantitative analysis of Nohi Ryogoku Choson Ryakushi, ca. 1881” 17 pages.
KESDP No. 01-5(2001) Yukihiro Utsumi and Mikio Nakayama, “The Regulated Strong
Equilibria and Cores in a Public Goods Economy”, 16 pages.
Graduate Student No. 01-1 (2001) 坂口 誠、「近代横浜市におけるペスト対策−1902〜09 年の流行を事例として−」 15pages.

Graduate Student No. 01-2 (2001)梅原秀元、「統計にみる伝染病—『衛生局年報』の統計から−」 12 pages.
Graduate Student No .01-3 (2001)Yukihisa Utsumi, “The Existence of TU Strong
Equilibria and Cooperation Effects for Horizontal Merges” 14 pages.

2002 年度
KESDP No .02-1 (2002) Michihiro Ohyama, “Effective Demand and National Income:A Microeconomics of the IS-LM Analysis”, 20 pages.
KESDP No. 02-2 (2002) 吉野直行、仲田真佐男、和田良子、Thomas Cargill、「財投融資の投資誘導効果と家計の資産選択行動」
22 pages.
KESDP No. 02-3 (2002) Michihiro Ohyama & Hisao Nagata, “Cooperation Failure
among Consumers and the Keynesian Equilibrium”, 16 pages.
KESDP No. 02-4 (2002) Eiji Hosoda, “Convergence of a Short-Run Equilibrium to a Long-Run
Equilibrium in a Emission Right”, 29 pages.
KESDP No. 02-5 (2002) Kunio Kawamata, “Cournot Competition and Access Pricing
in Regulated Industries”, 18 pages.
KESDP No. 02-6 (2002) Makoto Yano, “Bertrand Price Competition and the Competitive
Outcome”, 51 pages.
KESDP No. 02-7 (2002) Hiroaki Osana, “Externalities Do Not Necessarily Require Larger Sizeof Message Spaces for Realizing Pareto-Efficient Allocations”, 33 pages.
Graduate Student No. 02-1 (2002)Yukihisa Utsumi, “Existence of Strong Equilibria” 10pages.
Graduate Student No. 02-2 (2002)Takuya Masuzawa, “N-Person Prisoner’s Dilemma Games are
Oridinal Convex” 11 pages.

2003 年度
KESDP No. 03-1 (2003) Kunio kawamata, “On the Measurement of Welfare Changes at Second–Best Optima”, 18 pages.
KESDP No. 03-2(2003) Koji Ishibashi and Toyokazu Kaneko, “Partial Privatization in MixedOligopoly with Price and Quality Competition”, 25 pages.
KESDP No. 03-3 (2003) Toshiyuki Hirai, Takuya Masuzawa and Mikio Nakayama,“Coalition-Proofness, Retaliations and Punishment Dominance in a Class ofStrategic Games”, 15 pages.
KESDP No. 03-4 (2003) Ayumi Onuma, “The Broad Stock of Society’s Capital And
Sustainability”, 21 pages.
KESDP No. 03-5 (2003) Ayumi Onuma and Takashi Saito, “Some Effects of Deposit-Refund
System on Producers and Consumers”, 22 pages.
KESDP No. 03-6 (2003) 飯田 恭、「『農場』と『小屋』−近世後期マルク・ブランデンブルクにおける土地希少化の諸相−」、26 pages.
Graduate Student No. 03-1 (2003)

岸田真「日英同盟の経済的側面─中国市場進出と日英資本提携をめぐる経済界の対応─」

20 pages.

2004 年度
KESDP No. 04-1(2004) 小室正紀・堀 和孝・三島憲之・佐藤 敬・石井寿美世編著「資料 官員録 1 彦根貞編『改正官員録』
明治 11 年 12 月 24 日御届・明治 12 年 1 月 7 日出版」、368 pages.
KESDP No. 04-2 (2004) Noriko Tsuya and Chizu Yoshida, “The Need for Childcare Services
and Desired Fertility in Contemporary Urban Japan: The Case of Yokohama
City 2000”, 21 pages.
Graduate Student No. 04-1 (2004)Takuya Masuzawa, “Computation of Cores of Strategic Games
with Punishment-Dominance Relations”, 20 pages.

2005 年度
KESDP No. 05-1 (2005) Hiroaki Osana, “Externalities Do Not Necessarily Require Larger
Message Spaces for Realizing Pareto-Efficient Allocations”, 67 pages.
KESDP No. 05-2 (2005) Takuji Arai, “An Approximate Approach to the Exponential Utility
Indifference Valuation”, 30 pages.
KESDP No. 05-3 (2005) Ayumi Onuma, “Black Market and Trade Ban: Can the Ban ReduceIllegal Production?”, 34 pages.
KESDP No. 05-4 (2005) Yukichika kawata , Jānis Ozoliņš and Jānis Baumanis, “A Brief
Comparison of the Latvian and Japanese Wildlife Management Systems with
Some Economic Implications”, 39 pages.

2006 年度
KESDP No. 06-1 (2006) 井堀利宏・岩本康志・河西康之・土居丈朗・山本健介「基準財政需要の近年の動向等に関する実証分析―地方交付税制度の見直しに向けて―」、187 pages.
KESDP No. 06-2(2006) Takuji Arai, “ L p -projections of random variables and its application tofinance”, 25 pages.
KESDP No. 06-3 (2006) 寺出道雄「ビーヴァーと鹿の交換」、13 pages.
KESDP No. 06-4 (2006) 井堀利宏・岩本康志・河西康之・土居丈朗・山本健介「基準財政需要額に占める『義務的な費用』に関する実証分析」
156 pages.
KESDP No. 06-5 (2006) 伊藤幹夫「状態空間モデルの直接法による平滑化」、22 pages.
KESDP No. 06-6 (2006) 伊藤幹夫・杉山俊輔「市場効率性の時変構造」、30 pages.
Graduate Student No. 06-1 (2006) Toshiyuki Hirai, “Von Neumann-Morgenstern Stable Sets ofIncome Tax Rates in Public Good Economies”, 31 pages.
Graduate Student No .06-2 (2006) Shin Sato, “On Constructing Strategy-Proof and Democratic
Social Choice Correspondences: Possibility and Impossibility Results”,
32 pages.
Graduate Student No. 06-3 (2006) Shin Sato, “On the Informational Aspects of Social Choice
Rules: Another Characterization of the Plurality Rule”, 20pages.
Graduate Student No. 06-4 (2006) Shin Sato, “Social Choice of Ordered Pairis : Generalizationsof the Gibbard-Satterthwaite Theorem”, 30 pages.

2007 年度

KESDP No. 07-1(2007) 寺出道雄「史料紹介『水野文書』」、27 pages.
KESDP No. 07-2 (2007) Mikio Ito and Shunsuke Sugiyama “Measuring the Degree of Time
Varying Market Inefficiency”, 10 pages.
KESDP No. 07-3 (2007) Ayumi Onuma and Shin Sakaue “Non-cooperative and Cooperative
Water Uses in a River Basin”, 20 pages.
KESDP No. 07-4 (2007) Takuji Arai and Muneki Kawaguchi “q-optimal martingale measuresfor discrete time models”, 18 pages.
KESDP No. 07-5 (2007) Takuji Arai “Optimal hedging strategies on asymmetric functions”,
9 pages.
KESDP. No. 07-6 (2007) 櫻川昌哉・細野薫「日本の財政の維持可能性のカリブレーションによる検証」、 26 pages.
KESDP No. 07-7 (2007) Koji Ishibashi “Effects of Asymmetric Information within a Firm on
Oligopolistic Market Outcomes”, 23 pages.
KESDP No. 07-8 (2007) Mikio Ito “A New Method for Estimating Economic Models with
General Time-varying Structures”, 18 pages.
KESDP No. 07-9 (2007) Masaya Sakuragawa and Yukie Sakuragawa“Land Price, Collateral, and Economic Growth”, 28 pages.
KESDP No. 07-10 (2007) 河田幸視「もうひとつのサスティナブル・ツーリズム」、33 pages.

KESDP No. 07-11 (2007) Takuji Arai “Good Deal Bounds Induced by Shortfall Risk”, 22 pages.
KESDP No. 07-12(2007) Naoyuki Yoshino “Steps Toward the Development and the Integrationof Asia Bond Market”, 28 pages.
KESDP No. 07-13 (2007) Naoyuki Yoshino, Sahoko Kaji and Tamon Asonuma “Dynamic
Effect of Change in Exchange Rate System-Form the Fixed Exchange Rate
Regime to the Basket-peg or Floating Regime”, 31 pages.
KESDP No. 07-14 (2007) Naoyuki Yoshino, Sahoko Kaji and Tamon Asonuma “Simple rule forbasket weight under basket peg regime”, 41 pages.
Graduate Student No. 07-1 (2007) Yuhki Hosoya,”An Elementary Proof of Local
Integrability”,3pages.
Graduate Student No. 07-2 (2007) Shin Sato, “Strategy-proof Social Choice with Fixed
Indifference Classes”,12pages.
Graduate Student No. 07-3 (2007) Toshiyuki Hirai, “The Menu-Induced Core of an Economy
with an Excludable Public Good”, 14pages.
Graduate Student No. 07-4 (2007) Shin Sato, “A Small Dictatorial Domain”, 6pages.
Graduate Student No. 07-5 (2007) Shin Sato, “On the Manipulation of Arrovian Social
Welfare Functions”, 14pages.
Graduate Student No. 07-6 (2007) Kazunobu Hayakawa & Toshiyuki Matsuura, “The Role ofMarket Potential in Location Choice: Evidence from Japanese Investment”,
41pages.

2008 年度
KESDP No. 08-1 (2008) Hideo Akabayashi and Michio Naoi “Does the Public Sector Crowd
Out the Private Sector in the Higher Education Market?: Theory and Evidence
from Japan”, 20 pages.
KESDP No. 08-2 (2008) 寺出道雄「比例と均衡―｢経済表範式｣再考―」、20 pages.

Graduate Student No. 08-1 (2008) Ayako Obashi, “Production Network in East Asia: Export
Varieties and Trading Partners”, 37pages.
Graduate Student No. 08-2 (2008) 青栁淳子、「海保青陵年譜考」

47pages.

2009 年度
KESDP No. 09-1 (2009) Michio Naoi, Miki Seko and Kazuto Sumita “Community Rating, Cross
Subsidies and Underinsurance: Shy So Many Households in Japan Do Not
Purchase Earthquake Insurance”, 25 pages.
KESDP No. 09-2 (2009) Michio Naoi, Miki Seko and Kazuto Sumita “Earthquake Risk andHousing Prices in Japan: Evidence Before and After Massive Earthquakes”,

30 pages.
KESDP No. 09-3 (2009) Miki Seko, Kazuto Sumita and Michio Naoi, “Residential Mobility
Decision in Japan: Identifying the Effects of Housing Equity Constraints andIncome Shocks under the Recourse Loan System”, 24 pages.
KESDP No. 09-4 (2009) Takuji Arai, “Convex Risk Measures on Orlicz Spaces:
Convolution and Shortfall”, 18 pages.

2010 年度
KESDP No. 10-1(2010) Mikio Ito and Akihiko Noda, “Information Criteria for Moment
Restriction Models: An Application of Empirical Cressie-Read Estimator for
CCAPM”, 17 pages.
KESDP No. 10-2 (2010) 寺出道雄 ＜資料紹介＞「「日本共産党運動年表」文部省思想局
刊行資料への共産党関係者による書き込み本」、25 pages.
KESDP No. 10-3 (2010) 寺出道雄「植物の再生産表式―門司正三再読―」、17 pages.

KESDP No. 10-4 (2010) Pranab Bardhan, Dilip Mookherjee and Masatoshi Tsumagari,“Middlemen Margins and Globalization”, 57 pages
KESDP No. 10-5 (2010) 寺出道雄、徐一睿＜資料＞「毛沢東の野坂参三宛て書簡」、9pages.
KESDP No. 10-6 (2010) Dilip Mookherjee and Masatoshi Tsumagari, “Mechanism Design with
Limited Communication: Implications for Decentralization”, 48 pages
KESDP No. 10-7 (2010)

塩澤修平･大滝英生・檀原浩志「経済成長、環境および環境保全の誘因」、17pages.

KESDP No. 10-8 (2010)

塩澤修平「フィランソロピー、NPO、政府と社会的便益」、13pages.

KESDP No. 10-9 (2010)

塩澤修平「中堅中小・新興企業ファイナンスと社会的インフラ

ストラクチャー」、15pages.

KESDP No. 10-10 (2010) Junichi Hasegawa, “Reconstruction planning of Plymouth
during the Second World War”, 22 pages.
KESDP No. 10-11 (2010) Masaya Sakuragawa, Kaoru Hosono, and Kaoru Sano,“Simulating fiscal sustainability in the US”, 32 pages.
KESDP No. 10-12 (2010) Masaya Sakuragawa, Kaoru Hosono, and Kaoru Sano, “Simulating
fiscal sustainability in the US”, 32 pages
KESDP No. 10-13 (2010)太田聰一「就職氷河期における雇用と賃金の変化」、24pages.

KESDP No. 10-14 (2010)太田聰一、安田宏樹「内部労働市場と新規学卒者採用―中途採用者との比較から―」、20pages.

Graduate Student No.10-1 (2010) Eisei Ohtaki “A Note on Indeterminacy of Monetary
Equilibrium in Stochastic OLG Models”, 5 pages.

2011 年度
KESDP No. 11-1 (2011) Keisuke Nakao and Masatoshi Tsumagari, “The Inquisitor Judge’s
Trilemma”, 21 pages.
KESDP No. 11-2 (2011) Vipul Bhatt and Masao Ogaki, “Tough Love and Intergenerational
Altruism”, 50 pages.
KESDP No. 11-3 (2011) Keisuke Nakao and Masatoshi Tsumagari, “Pseudo-Adversarialism”,
37 pages.
KESDP No. 11-4 (2011) Mikio Ito and Akihiko Noda, “CCAPM with Time-Varying Parameters:
Some Evidence from Japan”, 25 pages.

2012 年度
KESDP No. 12-1 (2012) Hiroshi Onishi, “Marxian Optimal Growth Model; Reproduction
Scheme and General Law of Capitalist Accumulation”, 29 pages.
KESDP No. 12-2 (2012) 寺出道雄「徂徠素人の読み方―『政談』」を学ぶ―」、18pages.

KESDP No. 12-3 (2012) 寺出道雄「新井白石の貨幣政策論―「白石建議」を読む―」、

10pages.

KESDP No. 12-4 (2012) Ayumi Onuma and Eiji Sawada, “REDD and Optimal Carbon Credits
Trading”, 25 pages.
KESDP No. 12-5 (2012)

Hiroshi Onishi, “Superstructure Determined by Base”, 20 pages.

Graduate Student No. 12-1 (2012) Soh Kaneko “Cantillon on Value: A Rational Reconstructionof the Roles of Landownership”, 28 pages.

2013 年度
KESDP No. 13-1 (2013)

Naoyuki Yoshino, Farhad Taghizadeh Hesary and Farhad Nili,“Optimal Premiums for the Deposit Insurance System: An EmpiricalWork on the Deposit Insurance System of Japan”, 19 pages.

NESDP No. 13-2 (2013) Hiroshi Onishi and Atsushi Tazoe, “Birth of Agriculture and Its
Development Caused by Population Pressure”, 12 pages.