Reports and Papers (2020)

PRI Discussion Papers

PRI Research Papers/PRI Staff Reports

PRI Discussion Papers

PRI “Discussion Paper” showcase fiscal and economic issues being developed by PRI Staff and/or Economists/Researchers. The purpose of this paper is to provide academic novelty on the issue.

The views expressed herein are those of the author and do not necessarily reflect the opinions of the Ministry of Finance or the Policy Research Institute. The author is entirely responsible for any errors in this paper.

Title/Keywords	Authors	Creation Date /No.
Do fiscal policy news shocks affect JGB yield? Evidence from COVID-19(PDF:651KB) Keywords: Budget Deficit, Japanese Government Bond, Interest Rate, Fiscal News, COVID-19 JEL Classification: E62, H62, H63	Corresponding author. Project Assistant Professor, University of Tokyo and Visiting Scholar, Policy Research Institute, Ministry of Finance, Japan Takahiro Hattori Visiting Scholar, Policy Research Institute, Ministry of Finance, Japan Katano Motoki	December 2020 /20A-15
DSGE Models Used by Policymakers: A Survey(PDF:442KB) Keywords: DSGE model, financial friction, intertemporal elasticity of substitution, non-Ricardian household	Senior Economist, Policy Research Institute Takeshi Yagihashi	October 2020 /20A-14
Profit Shifting by Japanese Multinational Corporations(PDF:297KB) Keywords: Tax, Profit Shifting, BEPS, Multinational Corporations JEL Classification: H26, F23	Visiting researcher at the Policy Research Institute, Ministry of Finance SAKURAI Tomomi	September 2020 /20A-13
Factor decomposition of changes in the tax base for income tax(PDF:382KB) Keywords: Income tax, tax deduction, tax base, National Survey of Family Income and Expenditure JEL Classification: C15, H24	Associate Professor, Research Center for Social Systems, Shinshu University Taro Ohno Researcher, Policy Research Institute, Ministry of Finance Junpei Sakamaki Associate Professor, Graduate School of Agricultural and Life Sciences, The University of Tokyo Daizo Kojima	August 2020 /20A-12
The Cost of Omitting the Credit Channel in DSGE Models:A Policy Mix Approach(PDF:372KB) Keywords: DSGE model, Lucas Critique, Bayesian estimation, Financial Accelerator model, monetary policy, fiscal policy, policy mix	Senior Economist, Policy Research Institute Takeshi Yagihashi	March 2020 /20A-05
Intertemporal Elasticity of Substitution with Leisure Margin(PDF:544KB) Keywords: time allocation, labor supply, earning JEL Classification: E21 (Consumption), D91 (Intertemporal household choice), J22 (Time allocation and labor supply)	Senior Economist, Policy Research Institute Takeshi Yagihashi Associate Professor, Department of Economics, Strome College of Business, Old Dominion University and Lecturer, Faculty of Global Management, Chuo University Juan Du	March 2020 /20A-03
Does Firm Size Effect Wages and Labor productivity? -Micro data analysis in case of Japan-(PDF:484KB) Keywords: Firm size, wage, labor productivity, Financial Statements Statistics of Corporations by Industry JEL Classification: D22, J24, J31, L25	Chief Economist, Policy Research Institute OKU Ai Researcher, Policy Research Institute INOUE Shun Officer, Policy Research Institute MASUI Tsubasa	January 2020 /20A-01

PRI Research Papers/PRI Staff Reports

PRI “Research Paper” showcase fiscal and economic issues being developed by PRI Staff and/or Economists/Researchers. The purpose of this paper is to give useful findings for the experts/practitioners in the areas such as Administration, Business and Academia.

PRI “Staff Report” showcase fiscal and economic issues being developed by PRI Staff and/or Economists/Researchers. The purpose of this paper is to give survey results and simple explanations on those.

The views expressed herein are those of the author and do not necessarily reflect the opinions of the Ministry of Finance or the Policy Research Institute. The author is entirely responsible for any errors in this paper.

Title/Keywords	Authors	Creation Date /No.
How to make industrial structure resilient in post COVID-19 era?(PDF:331KB)	Chief Economist, Policy Research Institute OKU Ai Officer, Policy Research Institute MASUI Tsubasa Former Researcher, Policy Research Institute INOUE Shun	September 2020 /20-SR-14

 

Top of Page