DergiPark Akademik
Not a member yet
63137 research outputs found
Sort by
The Stories of the Sonnō Jōi : On Novels in the Early Stages of Modern Japan
No full textThis paper discusses how novels represented the Sonnō Jōi（尊王攘夷） in the early stages of modern Japan. At that time, the Sonnō Jōi, especially Jōi (the anti-Western ideology）, was an ideology that clashed with the Meiji government. Therefore, protagonists who would turn to conform to the logic of the Meiji government were recommended. The protagonists realized that anti- Western ideology was impossible, and they had attained happiness by moving from anti-establishment activities to business. However, there are also stories in which the protagonists aimed to assassinate a powerful person in the Meiji government, more specifically Hirobumi Ito, the first prime minister of Japan. Nonetheless, as long as the story was set in Japan during the Meiji period, the execution of the assassination was avoided. This is because such stories will be punished. This gave rise to the idea of escaping from Japan and implementing anti-Western ideology, which came to fruition as Ukishiro Monogatari（浮城物語）. Without clashing with the logic of the Meiji government, this work presented Japanese society with the narrative method of carrying out the Sonnō Jōi outside the country
自動車保険約款における「使用者」および「使用人」の意義 : 大阪高裁平成29 年9 月7 日判決（平成29 年（ネ）第673 号）大阪地裁岸和田支部平成29 年1 月31 日判決（平成27 年（ワ）第138 号）
No full text
The Porter Hypothesis Revisited : The Cross-Border Spillover Effects of Foreign Environmental Regulations on National Competitiveness
No full textThis study extends the Porter hypothesis by adopting a cross-border approach because, in a hyper-globalized economy, the impact of foreign policies might diffuse across borders through international trade. We examine the cross-border spillover effects of foreign environmental policies on innovation and economic growth of other countries. Using a country-year panel dataset, our study empirically finds that environmental policy spillovers contribute to improving green innovations, total factor productivity, and gross domestic product growth of other countries, which implies the borderless effect of the Porter hypothesis
Bubbles and Economic Fluctuations
No full textThis chapter studies the relationship between asset price bubbles and macroeconomic fluctuations through both empirical analysis and theoretical modeling. We begin by applying the right-tailed unit root tests of Phillips et al. (2015a,b) to real stock and housing price indices in G-7 economies. These tests identify explosive dynamics in asset prices, and our findings show that such bubbly episodes frequently align with periods of economic expansion, suggesting a strong empirical link between asset booms and business cycle upswings. To investigate the mechanisms behind this co-movement, we modify the canonical bubble models of Tirole (1985) and Martin and Ventura (2012) by incorporating endogenous labor supply. However, in both cases, the emergence of a bubble fails to generate a robust macroeconomic expansion. Output and investment either decline or respond sluggishly, while labor hours fall in response to bubble formation. We then turn to the model of Guerron-Quintana et al. (2023), which embeds a variable capacity utilization mechanism into a dynamic general equilibrium framework. This amplification channel allows the model to produce simultaneous increases in output, consumption, investment, and labor during bubbly periods, consistent with empirical patterns. We also discuss the quantitative implementation challenges faced by this approach, highlighting the trade-offs involved in quantitatively modeling bubble-driven fluctuations
Does Dynamic Market Competition with Technological Innovation Leave No One Behind? : An Axiomatic Study in OLG Frameworks
No full textThe Hicksian optimism, a neoclassical economic creed, says that the consistent implementation of ‘Pareto-efficient policies’ sequentially would eventually improve the welfare of every individual from the initial position in the long run. In this paper, we formulate the Hicksian optimism as an axiom and then examine whether the market mechanism with the consistent application of technological progress policies can fulfill the Hicksian optimism. We show in a simple Overlapping Generations model that the market mechanism with technological progress unavoidably leaves some individuals behind. This negative result holds for a broad class of intertemporal resource allocation mechanisms
