Housing Markets and Household Behavior in Japan
This book addresses essential questions about housing by building theoretical models based on various real world problems in Japan and testing these models using econometric methods. Almost all related empirical analyses use Japanese household longitudina
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Miki Seko
Housing Markets and Household Behavior in Japan
Advances in Japanese Business and Economics Volume 19 Editor-in-Chief RYUZO SATO C.V. Starr Professor Emeritus of Economics, Stern School of Business, New York University Senior Editor KAZUO MINO Professor Emeritus, Kyoto University Managing Editors HAJIME HORI Professor Emeritus, Tohoku University HIROSHI YOSHIKAWA Professor, Rissho University; Professor Emeritus, The University of Tokyo TOSHIHIRO IHORI Professor Emeritus, The University of Tokyo; Professor, National Graduate Institute for Policy Studies (GRIPS) Editorial Board Members YUZO HONDA Professor Emeritus, Osaka University; Professor, Kansai University JOTA ISHIKAWA Professor, Hitotsubashi University KUNIO ITO Professor Emeritus, Hitotsubashi University KATSUHITO IWAI Professor Emeritus, The University of Tokyo; Visiting Professor, International Christian University TAKASHI NEGISHI Professor Emeritus, The University of Tokyo; Fellow, The Japan Academy KIYOHIKO NISHIMURA Professor Emeritus, The University of Tokyo; Professor, National Graduate Institute for Policy Studies (GRIPS) TETSUJI OKAZAKI Professor, The University of Tokyo YOSHIYASU ONO Professor, Osaka University JUNJIRO SHINTAKU Professor, The University of Tokyo MEGUMI SUTO Professor Emeritus, Waseda University KOTARO SUZUMURA Professor Emeritus, Hitotsubashi University; Fellow, The Japan Academy EIICHI TOMIURA Professor, Hitotsubashi University KAZUO YAMAGUCHI Ralph Lewis Professor of Sociology, University of Chicago
Advances in Japanese Business and Economics (AJBE) showcases the work of Japanese and non-Japanese scholars researching the Japanese economy and Japanese businesses. Published in English, the series highlights for a global readership the unique perspectives of Japan’s most distinguished and emerging scholars of business and economics. It covers research of either theoretical or empirical nature, in both authored and edited volumes, regardless of the sub-discipline or geographical coverage, including, but not limited to, such topics as macroeconomics, microeconomics, industrial relations, innovation, regional development, entrepreneurship, international trade, globalization, financial markets, technology management, and business strategy. At the same time, as a series of volumes written by Japanese and non-Japanese scholars studying Japan, it includes research on the issues of the Japanese economy, industry, management practice, and policy, such as the economic policies and business innovations before and after the Japanese “bubble” burst in the 1990s. AJBE endeavors to overcome a historical deficit in the dissemination of Japanese economic theory, research methodology, and analysis. The volumes in the series contribute not only to a deeper understanding of Japanese business and economics but to revealing underlying universal principles. Overseen by a panel of renowned scholars led by Editor-in-Chief Professor Ryuzo Sato, AJBE employs a single-blind review process in which the Editor-in-Chief, together with the Managing Ed
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