JAPANESE ECONOMIC REVIEW日本经济评论
JAPANESE ECONOMIC REVIEW(英文缩写 JPN ECON REV),ISSN 1352-4739,eISSN 1468-5876,中文译名:日本经济评论 是一本学术期刊。本页汇总该期刊的最新影响因子、分区信息以及最新收录于 PubMed 的文献,帮助您快速了解期刊全貌。
发文量统计区间:2025-10-01 至 2026-09-30,按本站收录文献的发表日期统计。
期刊介绍
历年影响因子趋势
| JCR 数据年份 | 影响因子 | JCR 分区 |
|---|---|---|
| 2021 | 0.776 | Q4 |
| 2022 | 1.200 | Q4 |
| 2023 | 1.500 | Q2 |
| 2024 | 0.500 | Q4 |
| 2025 | 0.600 | Q4 |
JAPANESE ECONOMIC REVIEW 最新收录文献
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1. Ambiguity and self-protection: evidence from social distancing under the COVID-19 pandemic.
PMID:日期:2022-10-01This paper studies how people make decisions over preventive behaviors under ambiguity (i.e., Knightian uncertainty) where they do not even know the probability of a loss. In the context of the current COVID-19 pandemic, scientific uncertainty makes it hard to evaluate not only whether one will be infected, but also probabilities such as the infection rate. We constructed a simple model and demonstrated how its effect was heterogeneous depending on ambiguity-attitudes. Motivated by the model, we further conducted a survey experiment in Japan where we manipulated the information regarding scientific uncertainty on COVID-19. We found that higher ambiguity induced by scientific uncertainty increased the level of social distancing among ambiguity-loving people, but such evidence was nonexistent for ambiguity-averse counterparts. The online version contains supplementary material available at 10.1007/s42973-022-00120-3.
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2. Economics of the community mechanism.
PMID:日期:2022-04-18This paper discusses the importance of the community mechanism that complements the market and power mechanisms in an economic system during an era of crisis, defined as a mechanism for resource allocation by which at least one person proposes voluntary cooperation, and the proposal is not rejected. While this community mechanism can function alongside in win-win situations, it can be further activated with social preferences for altruism and reciprocity and with norms or worldviews that encourage cooperation. Other factors that relate to these include the character strengths that contribute to community and society known as virtues, with the concept of wellbeing related to virtues being known as eudaimonia. Some aspects of the acquisition of virtues can be viewed as changing preferences, and there is empirical evidence suggesting changes in trust relate to changes in preferences. Leadership is an example of the virtue of justice, and servant leadership seems important for the community mechanism, as does perspective taking. For evaluating policies, normative economics based only on consequentialism may not be sufficient, and virtue ethics seems essential when the community mechanism is important.
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4. High-frequency identification of monetary policy shocks in Japan.
PMID:日期:2022-01-24We identify monetary policy shocks in Japan during the unconventional monetary policy period using high-frequency data for interest rate futures. Following the empirical strategy of Gürkaynak et al. (Int J Cent Bank 1: 55-93, 2005), we conduct an event-study analysis to estimate the effects of the monetary policy surprises on asset prices around the timing of policy announcements made by the Bank of Japan between 1999 and 2020. We find that a monetary policy shock can be described by two factors that have statistically significant effects on the financial market. A surprise monetary tightening has negative effects on stock returns and positive effects on government bond yields, even in the low-interest environment. We also find that the responses of the longer term yields tend to be larger than those of the shorter term yields. The response is the largest for the 10-year government bond yield, which has, in the last 2 decades, been effectively targeted by the Bank of Japan. This finding contrasts with those of previous studies of the conventional monetary policy period, in which responses are larger for the shorter term yields.
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5. Tourism infrastructure and the environment: how does environmental regulation affect welfare, tourism industry, and domestic wage inequality?
PMID:日期:2022-01-07This study presents a general equilibrium model of a small open developing economy with pollution generated by the tourism industry. The national government issues emission permits and constructs tourism infrastructure for the tourism sector. We examine the effects of a stricter environmental regulation on welfare, production, and income distribution. If the elasticity of substitution in the tourism sector is sufficiently low, a stricter environmental regulation paradoxically expands the tourism sector and narrows domestic wage inequality, even under constant tourism terms of trade. In this model, in addition to the two traditional channels, there is a new channel through which a stricter environmental regulation affects the tourism terms of trade and domestic welfare. The new channel, which arises from the difference between the marginal value product of tourism infrastructure and its price, improves the tourism terms of trade and domestic welfare if (1) the marginal value product of tourism infrastructure is greater than its price, (2) the output of tourism infrastructure is increased by a stricter environmental regulation, and (3) the excess supply of a tourism service decreases with a stricter environmental regulation.
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6. Welfare economics of managing an epidemic: an exposition.
PMID:日期:2021-10-18This paper reviews recent findings on the normative analysis of private and governmental countermeasures against infectious diseases, focusing on COVID-19. Based on a model that relates the economic activity to infectious disease epidemics, policies that maximize social welfare are considered. Lockdowns in many countries are measures that restrict economic activity over a wide area, and the economic damage they cause is extremely large. Existing studies on the net benefit of lockdown implemented in 2020 have reached mixed conclusions as to whether it is warranted or not. Although the estimates of costs and effects are relatively stable, the setting of the value of a statistical life for converting effects into benefits has a wide range and is also likely to overestimate benefits. Therefore, a careful procedure for setting is particularly crucial to obtain a reliable evaluation of countermeasures. Compared to uniform restriction of activities, taking measures to restrict activities by selecting targets may improve efficiency. Attributes that can be used to select targets include those that can be identified at little or no cost, such as age and industry, and those that can only be identified at a cost, such as close contact with infectious individuals and the presence of pathogens. In comparison to lockdown, these measures may reduce human suffering and economic suffering. No trade-off exists between uniform activity restrictions and selective activity restrictions.
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7. Correction to: COVID‑19 and output in Japan.
PMID:日期:2021-10-14[This corrects the article DOI: 10.1007/s42973-021-00098-4.].
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8. Toward market design in practice: a progress report.
PMID:日期:2021-10-04In recent years, many developments have been made in matching theory and its applications to market design. This paper surveys some selected topics from this research area and describe our own work. We also describe the newly established University of Tokyo Market Design Center (UTMD), which works as a vehicle for practical implementation.
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9. Can e-commerce mitigate the negative impact of COVID-19 on international trade?
PMID:日期:2021-09-29This study aims to empirically investigate the role of E-commerce (EC) on the trade impacts of COVID-19. To this end, we estimate gravity equations for bilateral trade among 34 reporting countries and their 145 partner countries during January-August in 2019 and 2020. Our major findings can be summarized as follows. A larger number of confirmed cases or deaths in both importing and exporting countries significantly decrease international trade. However, we found that EC development in importing countries contributes to mitigating this negative effect of COVID-19 on trade while that in exporting countries does not. These results are robust for our use of multiple measures of EC development.
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10. Watching, being watched, and human interactions: evidence from trust games.
PMID:日期:2021-09-24Face-to-face communication increases human trust, which is crucial for making important decisions with others. Due to technological breakthroughs and the COVID-19 pandemic, human interactions now predominantly occur online, leading to two situations: other peoples' faces cannot be seen, but yours can, and vice versa. However, the relationships among watching, being watched, and face-to-face interaction are unclear in existing papers. This paper separately measures the effects of both watching and being watched on human interactions using a trust game. I derive the optimal behaviors of senders and receivers in the trust game and empirically validate it through a controlled experiment. The results show that more than half of the participants perform the optimal behavior. They also indicate that both watching and being watched enhance human trust and reciprocity, while the synergy effect of face-to-face is not observed. Additionally, women reciprocate more when they are watched, and trust increases when participants are paired with the opposite gender and can watch their partner. This paper theoretically concludes that the former comes from women's social pressure that they should be reciprocators, and the latter from participants' beliefs that the opposite gender reciprocates more than the same gender does. These results propose a framework based on watching and being watched affecting human behaviors and emphasize the importance of face-to-face communication in online human interactions.