Zobrazeno 1 - 10
of 12
pro vyhledávání: '"Akira Momota"'
Autor:
Akira Momota
Publikováno v:
Canadian Journal of Economics/Revue canadienne d'économique. 55:1193-1222
Publikováno v:
Journal of Demographic Economics. 85:43-70
This paper reexamines the Serendipity Theorem of Samuelson (1975) from the stability viewpoint, and shows that, for the Cobb–Douglas preference and CES technology, the most-golden golden-rule lifetime state being stable depends on parameter values.
Autor:
Ryo Horii, Akira Momota
Publikováno v:
Oxford Economic Papers. 65:494-522
This paper examines the effect of the timing of childbirth on capital accumulation and welfare in a simple overlapping generations model, where each agent lives for four periods and works for two periods. We show that delayed childbearing not only re
Autor:
Akira Momota
Publikováno v:
Economics Letters. 115:527-530
This paper theoretically investigates the effect of population aging on the employment share of an elder care service industry. We show that there exists the threshold level of income elasticity of demand for the elder care service, above which popul
Autor:
Akira Momota
Publikováno v:
Journal of Economic Dynamics and Control. 33:431-453
This paper constructs a theoretical model that predicts, as observed in some currently developing countries, that the average school enrollment ratio may fall even when the average fertility rate declines. Unlike existing models, the current analysis
Autor:
Akira Momota
This paper investigates the impact of low fertility on long-term capital accumulation and economic welfare. We find that the impact differs depending on whether the low fertility arises from a decrease in the fertility of mothers (the intensive margi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::834f12631857cd4ce7cc67b5556d4a9c
http://www.kier.kyoto-u.ac.jp/DP/DP917.pdf
http://www.kier.kyoto-u.ac.jp/DP/DP917.pdf
Publikováno v:
Journal of Economic Dynamics and Control. 29:1673-1700
This paper incorporates prevalence of disease and agent's preventive behavior (i.e., health investment) into a small open overlapping generations model and investigates the dynamic behaviors of the competitive equilibrium allocation. Using the model,
Autor:
Akira Momota, Koichi Futagami
Publikováno v:
Journal of the Japanese and International Economies. 19:135-162
This paper examines how demographic structure affects international lending and borrowing in a two-country model of overlapping generations a la Blanchard and Weil and endogenous growth. It is shown that although growth rates are equalized between co
Autor:
Yasuo Maeda, Akira Momota
Publikováno v:
Japan and the World Economy. 16:163-191
In this paper, we investigate how the solvency regulation of a bank affects resource allocation and welfare. We show that a banker’s expected profit always decreases due to the solvency regulation, and more importantly, each depositor’s expected
Autor:
Akira Momota
Publikováno v:
Journal of Macroeconomics. 25:73-86
We compare a retirement decision in the presence of a social security system with that in the first-best allocation, using an overlapping-generations model in which the labor supply of elderly agents is endogenous. We show that although the social se