Size: px
Start display at page:

Download ""

Transcription

1 The Institute for Economic Studies Seijo University , Seijo, Setagaya Tokyo , Japan

2

3 The Institute for Economic Studies Green Paper No. 59 Consumers Decision on the Choice of Small Payment Instruments Empirical Research based on the original panel survey data Masao Nakata September 2012 Abstract In recent years, electric small payment instruments have become widespread. By conducting sample surveys among the same consumers in 2009 and 2010, we show how much and in which range a new small payment tool (electronic money) encroaches the territory of the existing instruments like cash.

4

5

6 (2008) IC IC Edy SuicaJR ICOCAJR PASMO nanacowaon id QUICPay, Visa Touch IC

7 Edy

8 WAON Suica nimocakitacajr SUGOCAJR EdySuicaPasmoICOCA Suica PASMO nanaco WAON

9 Edy nanacowaon

10 JR suica PASMO

11

12 Two-sided Market Platform Shy and Tarkka (2002), Wright (2003), M Chirugi (2006), Guthrie and Wright (2007), Choudhary and Tyagi (2009) Two-Sided Market Hayashi and Klee (2003), Borzekowski, Kiser and Ahmed (2008), Scholnick et al. (2008), Ching and Hayashi (2010) Humphrey and Berger Rysman (2007) Two-Sided Market

13 (1990) (1999) (1999) (2005) (2009) (2009) (2010) IC

14

15

16 IC IC IC

17 IC

18 IC QUICPay id

19 nimoca JR SUGOCA IC nimoca nimocasugoca Suica EdynanacoWAON Suica Pasmo

20 NTT goo

21

22

23

24

25 Nimoca SUGOCA

26 Edy WAON Nanaco Nimoca id (NTT DOCOMo) SuicaJR QUICPay (JCB) SUGOCAJR Nimoca Edy WAON Nanaco SUGOCAJR SuicaJR id (NTT DOCOMo)

27

28

29

30

31

32

33 VAR (2009)

34 Two-sided market Twosided market Amromin, G and S. Chakravorti (2009), Whither Loose Change? The Diminishing Demand for Small-Denomination Currency, Journal of Money, Credit and Banking, Vol. 41, No. 2-3, pp Borzekowski, R., K. K. Elizabeth, A. Shaista (2008), Consumers Use of Debit Cards: Patterns, Preferences, and Price Response, Journal of Money, Credit and Banking, Vol. 40, No. 1, pp Ching, A. T. and F. Hayashi (2010), Payment Card Rewards Programs and Consumer Payment Choice, Journal of Banking & Finance, vol. 34, pp Choudhary, V. and R. K. Tyagi (2009), Economic incentives to adopt electronic payment schemes under competition, Decision Support Systems, Vol. 46, pp Gutherie, G. and J. Wright (2007), Competing Payment Schemes, Journal of Industrial Economies, Vol. 55, No. 1, pp Hayashi, F. and Klee, E. (2003), Technology Adoption and Consumer Payments: Evidence from Survey data, Review of Network Economics, Vol. 2, pp Humphrey, D. and A. Berger (1990), Market Failure and Resource Use: Economic Incentives to Use Different Payment Instruments, in D. Humphrey, ed., The U.S. Payment System: Efficiency, Risk and the Role of the Federal Reserve., Kluwer Academic Publishers, pp M Chirgui, M. (2006), A Model for the Use of The Electronic Purse, Applied Economics Letters, Vol. 13, pp Rochet, J. and J. Tirole (2002), Cooperation Among Competitors: Some Economics of Payment Card Associations, RAND Journal of Economics, vol. 33, pp Scholnick, B., Massoud, N., Saunders, A., Carbo-Valverde, S. and Rodríguez-Fernández, F. (2008), The economics of credit cards, debit cards and ATMs: a survey and some new evidence, Journal of Banking and Finance, Vol. 32, pp Shy, O. and J. Tarkka (2002), The Market for Electronic Cash Cards, Journal of Money, Credit and Banking, vol. 34, No. 2, pp Wright, J. (2003), Optimal Card Payment Systems, European Economic Review, vol. 47, pp

35 Zinman, J. (2009), Debit or credit?, Journal of Banking & Finance, vol. 33, pp (1999)IMES Discussion Paper Series No. 99-J-16 (2005) (34) (2009) (2007) PRI Discussion Paper Series 07A-19 (2009)Vol. 4, No. 1, April 2009 (2010) (2011)BOJ Reports & Research Papers

36

37

中田真佐男 323‐352/323‐352

中田真佐男 323‐352/323‐352 IT FinTech Finance Technology e SNS (AI) (2013) (2015) ATM IC EMV VISA MasterJCB VISA Master (Union Pay) VISA Master JCB J-Debit J-Debit VISA IC Alipay QR POS nanaco WAON EdyJR Suica PASMO au Master au

More information

通し組/F7:論説:西垣鳴人(送り)

通し組/F7:論説:西垣鳴人(送り) p EFT electronic funds transfer EFT IT IC integrated circuit IC IC IC IC IC IC IC debit system IC IC P NET IC IC EFT IC IC IC ATM IC IC http : //www.debitcard.gr.jp/about/index.html p p IC IC closed loop

More information

橡motonishi.PDF

橡motonishi.PDF 2000 3 ITME Discussion Paper No.26 850-8506 4-2-1 moto@net.nagasaki-u.ac.jp 1 1 MRF 1 (2000) 2 MRF 2 Schreft (1997) 3 2 Tobin (1985) Friedman (1992) 3 3 4 5 3 4 5 2 White (1984) 1 4 (1996) (1999) (1999)

More information

Vol.54 No (May 2013) 7 1,a) , e e Factors and Strategies for Accelerating the Diffusion of Electronic Money Based

Vol.54 No (May 2013) 7 1,a) , e e Factors and Strategies for Accelerating the Diffusion of Electronic Money Based 7 1,a) 2 2012 7 4, 2013 2 1 7 5 8 e e Factors and Strategies for Accelerating the Diffusion of Electronic Money Based on a Consumer Survey in Seven Regions in Japan Kazuo Watabe 1,a) Kunihiko Iwasaki 2

More information

IMES DISCUSSION PAPER SERIES Discussion Paper No. 99-J-16 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 100-8630 203 IMES Discussion Paper Series 99-J-16 1999 5 * ** *** JEL classification:

More information

に 把 握 し よ う と 試 み た Rysman( 2007) な ど が あ る こ れ に 対 し 残 念 な が ら 日 本 で は 理 論 研 究 実 証 研 究 の 蓄 積 が 進 ん で い な い 数 少 な い 理 論 研 究 と し て Shy and Tarkka( 2002

に 把 握 し よ う と 試 み た Rysman( 2007) な ど が あ る こ れ に 対 し 残 念 な が ら 日 本 で は 理 論 研 究 実 証 研 究 の 蓄 積 が 進 ん で い な い 数 少 な い 理 論 研 究 と し て Shy and Tarkka( 2002 小 額 決 済 手 段 の 選 択 要 因 : 消 費 者 向 け パ ネ ル ア ン ケ ー ト 調 査 に よ る 実 証 分 析 中 田 真 佐 男 1. は じ め に 経 済 に は 一 般 に 複 数 の 決 済 手 段 が 存 在 し 取 引 金 額 の 大 小 に 応 じ た 棲 み 分 け が な さ れ て い る し か し 境 界 で の 競 合 を 通 じ て 支 配 的

More information

NRI 4500 4500 2 4,500 1 4500 1 1 9 2005 1 29,161,100 145,806 3 2 3 10 8,736,663 87,367 2 99,938,239 74,954 5 10 3 5 7,944,577 47,667 4,085,836 30,644

NRI 4500 4500 2 4,500 1 4500 1 1 9 2005 1 29,161,100 145,806 3 2 3 10 8,736,663 87,367 2 99,938,239 74,954 5 10 3 5 7,944,577 47,667 4,085,836 30,644 No.8, 113-124 (2007) The Present and the Future of Mileage Points in Business Currencies YASUOKA Hiromichi Nihon University, Graduate School of Social and Cultural Stadies Mileage points and electronic

More information

電子マネー・システムにおけるセキュリティ対策:リスク管理に焦点を当てて

電子マネー・システムにおけるセキュリティ対策:リスク管理に焦点を当てて 1999 IC IC 2008 2 5 10 E-mail: masataka.suzuki@boj.or.jp E-mail: hirokawa@imes.boj.or.jp E-mail: une@imes.boj.or.jp //2008.8 39 1. 1990 2007 1 IC 1 1 20072006 2007 1 Edy Edy IC 2007 2 22 IC PASMO IC 2008

More information

Attendance Demand for J-League õ Shinsuke KAWAI* and Takeo HIRATA* Abstract The purpose of this study was to clarify the variables determining the attendance in J-league matches, using the 2,699 J-league

More information

,.,,.,. NIRA,.,.,,, GDP.,., 1%, 2.0% 3).,,.,,., 1, 4).,,.,, GDP,.,,.,,,.,,., 2002.,,., 3), Q&A Q16 (http://www.stat.go.jp/data/kakei/qa-1.ht

,.,,.,. NIRA,.,.,,, GDP.,., 1%, 2.0% 3).,,.,,., 1, 4).,,.,, GDP,.,,.,,,.,,., 2002.,,., 3), Q&A Q16 (http://www.stat.go.jp/data/kakei/qa-1.ht 1, 1, 2011 4 3-28,,.,,.,.,,.,,.,,.,.,. 1., 1), 1946.,, GDP,.,,,.,,., (2008) ( NIRA ), 23,.,,, 2).,,,.,,.,,., 657-8501 2-1, E-mail: unayama@person.kobe-u.ac.jp 1) 1. 2), 1990 2 21, 1993 6 12. 3 1 1 2011

More information

2

2 Programming of Terrestrial Broadcasters and BS Digital Broadcasters by Genre ABSTRACT This study examined the programming of terrestrial and BS digital broadcasters by genre from the viewpoint of economics,

More information

わが国銀行業の将来像― 預金通貨需要からのアプローチによるマクロ的サイズの検討―

わが国銀行業の将来像― 預金通貨需要からのアプローチによるマクロ的サイズの検討― M1GDP M2M1 M1GDP M2M1 E-mail: kazuhiko.ishida@boj.or.jp E-mail: hitoshi.mio@boj.or.jp M2GDP Modigliani-Miller: MM Hoshi and Kashyap HKHK HK Quarterly Financial Report for Manufacturing, Mining and Trade

More information

03.™ƒ−ÔŁñ“’

03.™ƒ−ÔŁñ“’ BIS BIS, Implications for Central Banks of the Development of Electronic Money, 1996. IC IC IC BC BA IC IC ATM ATM BIS POS IC IC ICICIC ECOM ECOM face-to-face IC Berger, A. N., D. Hancock, and J. C.

More information

電子マネーと通信産業の戦略

電子マネーと通信産業の戦略 No.7, 55-65 (2006) Vision of Electronic Money Card Distribution Plans in Japan - Discussion of the and Credit Card Distribution Plans - OSHIMA Kazuchika Nihon University, Graduate School of Social and

More information

BB 報告書完成版_修正版)040415.doc

BB 報告書完成版_修正版)040415.doc 3 4 5 8 KW Q = AK α W β q = a + α k + βw q = log Q, k = log K, w = logw i P ij v ij P ij = exp( vij ), J exp( v ) k= 1 ik v i j = X β αp + γnu j j j j X j j p j j NU j j NU j (

More information

村本 孜51‐85/51‐85

村本 孜51‐85/51‐85 One for all, all for one. One for all, all for one. ( One for all, all for one. ) One for all, all for one. ( One for all, all for one. ) One for all, all for one. Manes, A. (1877~1963) [2006] p. 37 Raiffisen

More information

取引銀行の破綻が企業経営に及ぼす影響について-阪和銀行破綻の事例分析-

取引銀行の破綻が企業経営に及ぼす影響について-阪和銀行破綻の事例分析- 2 JEL Classification: G21, G14 Key words: e-mail y-murakami@aria.ocn.ne.jp 1 The Effect of Bank Failure on Client Firms A Study on the Hanwa Bank s Failure By Yoshiko Murakami Abstract The financial theories

More information

16

16 Empirical Analysis of the Efficiency of the Broadcasting Industry: Verification of Regionalism and a Proposal ABSTRACT Reforms in the broadcasting industry have recently been discussed and proposed, and

More information

, 3, 1999, 4,,

, 3, 1999, 4,, 1, 1992 2005,,, 10 2,, 1992 1998 1,,, 1998 2002 2,, 3,,, 2002, 2002 3 1 2 1 , 3, 1999, 4,, 3 14 11 2 I, 10,, 1992 2005, 2,, 3, 4,, II,, 1992 1998 1,, 1998 2002 2 2002 3 II-1: 1 1993 1998 90,, 1995 6850,,

More information

第一次大戦後の日本における国債流通市場の制度改革

第一次大戦後の日本における国債流通市場の制度改革 IMES DISCUSSION PAPER SERIES Discussion Paper No. 2009-J-23 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 103-8660 2-1-1 http://www.imes.boj.or.jp IMES Discussion Paper Series 2009-J-23 2009

More information

1 1 1 [2000]

1 1 1 [2000] * 2000 7 26 1 1 1 [2000] 1 2 1 2 2 1 B to C 250000 億円 200000 日本米国 213,200 150000 100000 50000 0 153,600 106,900 71,100 66,620 42,700 43,860 22,500 26,940 15,340 645 3,360 7,730 1998 年 1999 年 2000 年 2001

More information

GDPギャップと潜在成長率

GDPギャップと潜在成長率 2003 output gap 80 1 20 90 20 70 2 1 2 output gap potential output 1 2 (2001) 3 potential rate of growth 2000 Meyer (2000) European Central Bank: (1999b) 2002 10 4 3 (2000) 4 4 () 5 5 5 6 () () 7 Total

More information

OECD Benartzi and Thaler Brown et al. Mottla and Utkus Rooiji et al. Atkinson et al. MacFarland et al. Elton et al. Tang et al. Benartzi and Thaler Br

OECD Benartzi and Thaler Brown et al. Mottla and Utkus Rooiji et al. Atkinson et al. MacFarland et al. Elton et al. Tang et al. Benartzi and Thaler Br IFRS. OECD Benartzi and Thaler Brown et al. Mottla and Utkus Rooiji et al. Atkinson et al. MacFarland et al. Elton et al. Tang et al. Benartzi and Thaler Brown et al. /n Benartzi and Thaler n /n Benartzi

More information

66-5 足代訓史.pwd

66-5 足代訓史.pwd plate-forme ICT BP p. 270 p. 135 pp. 135 136 JSPS SPACE ALC plateau : http://eow.alc.co.jp/search?q=plateau&ref=sa p. 136 SNS p. 222 Negoro and Ajiro 2013 4 AV p. 5 p. 5 p. 5 OS p. 5 p. 81 Eisenmann, Parker

More information

An Empirical Study of the Securities Firms' Dilemma on Financial Innovation through Diffusion of Internet Deals Yasugi Satoshi Bower, J. L., 1999, Disruptive technologies: Catching the wave,

More information

論文08.indd

論文08.indd * 1 はじめに,, TOPIX TOPIX, TOPIX TOPIX Shelor Anderson and Cross C Japan Society of Monetary Economics 図 1 東日本大震災前後の株価 (TOPIX) の推移 1,000 950 900 850 800 750 700 図 2 阪神大震災前後の株価 (TOPIX) の推移 1,650 1,550 1,450

More information

RBA RBA TSM 2) RBA Visa MC RBA RBA RBA

RBA RBA TSM 2) RBA Visa MC RBA RBA RBA RBA No-Surcharge NSR 1) RBA RBA TSM RBA RBA RBAReserve Bank of Australia USA RBA RBA TSM 2) RBA Visa MC RBA RBA RBA 3) MSF 4) default ATM Two-sided Markets Two-sidedMarkets Two-sided MarketsTSM 5) Platform

More information

4 2000 3500 5 (2) (1) 4 24 NTT Super Cash1999-2001 2000.10-2001.3 <http://www.s-cash.gr.jp/whats_news/1016/r1_3.html>(31 1 May.2001) 5 1997 12 1999 5

4 2000 3500 5 (2) (1) 4 24 NTT Super Cash1999-2001 2000.10-2001.3 <http://www.s-cash.gr.jp/whats_news/1016/r1_3.html>(31 1 May.2001) 5 1997 12 1999 5 No.5, 185-196 (2004) Conformity to the next-generation currency seen from a Electronic money classification : OSHIMA Kazuchika Nihon University, Graduate School of Social and Cultural Studies Internet

More information

ボーナス制度と家計貯蓄率-サーベイ・データによる再検証-

ボーナス制度と家計貯蓄率-サーベイ・データによる再検証- ESRI Discussion Paper Series No.139 by May 2005 Economic and Social Research Instute Cabinet Office Tokyo, Japan * 400 : JEL classification: D12, E21 * 186-8603 2-1 042-580-8369 FAX 042-580-8333 1 Abstract

More information

1. 1996 2010 19441971 1971 2010 IC Web Lehdonvirta 2011 Moriyama 2006 1997 1999 2009 IC Web Web 20072008 Web 146

1. 1996 2010 19441971 1971 2010 IC Web Lehdonvirta 2011 Moriyama 2006 1997 1999 2009 IC Web Web 20072008 Web 146 2012 10 29 Summary Money has a long history who walked along with human one evolving himself through. Recently, digital cash such IC cards as Edy, suica, nanaco and so on, prevails here and there. They

More information

時間割引:双曲割引と弱加法性

時間割引:双曲割引と弱加法性 Discussion aper No. 666 June 2006 The Institute of Social and Economic Research Osaka University 6-1 Mihogaoka, Ibaraki, Osaka 567-0047, Japan Time Discounting: Declining Impatience and Interval Effect

More information

株式分割払込制度と企業金融、設備投資の関係について ─1930年代初において株式追加払込が果たした役割を中心に─

株式分割払込制度と企業金融、設備投資の関係について ─1930年代初において株式追加払込が果たした役割を中心に─ IMES DISCUSSION PAPER SERIES Discussion Paper No. 2007-J-20 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 103-8660 30 http://www.imes.boj.or.jp IMES Discussion Paper Series 2007-J-20 2007

More information

日本の世帯属性別貯蓄率の動向について:アップデートと考察

日本の世帯属性別貯蓄率の動向について:アップデートと考察 RIETI Discussion Paper Series 18-J-024 RIETI Discussion Paper Series 18-J-024 2018 年 8 日本の世帯属性別貯蓄率の動向について : アップデートと考察 1 宇南 卓 ( 経済産業研究所 ) 野太郎 ( 信州 学 ) 要 旨 全国消費実態調査 家計調査 家計消費状況調査を補完的に利用することでマクロ統計と整合的な貯蓄率のデータを構築した宇南山

More information

2) 3) 2) Ohkusa, 1996 ; 1999 ; Ohtake and Ohkusa, 1994 ; La Croix and A. Kawamura, Reject American Economic Review, Journal of Political Econom

2) 3) 2) Ohkusa, 1996 ; 1999 ; Ohtake and Ohkusa, 1994 ; La Croix and A. Kawamura, Reject American Economic Review, Journal of Political Econom 1) IOC Major League Baseball s MLB Blue Ribbon Panel Levin et al. 1) Yamamura and Shin, 2005 a ; 2005 b ; 2005 c communication 2) 3) 2) Ohkusa, 1996 ; 1999 ; Ohtake and Ohkusa, 1994 ; La Croix and A. Kawamura,

More information

<332D985F95B62D8FAC93638BA795DB90E690B62E706466>

<332D985F95B62D8FAC93638BA795DB90E690B62E706466> No.50 pp.5568, 2014 Komazawa Journal of Geography Geography of Religion in Postwar Japan (2) ODA Masayasu 1 10 200211 1219972006 Keywords: geography of religion, Bibliography of Geography, Islam, sacred

More information

表紙_目次.PDF

表紙_目次.PDF JIL 2 1980 vol.3 15 3 1 3 15 18 IT 26 28 33 20 OECD 80 90 (1998) (2000) 2 Aghion et al. (1999) OECD 1970 1 2 70 1980 90 1.1 Kuznets U inverted U-shaped hypothesis GNP U 1 18901940 6 3 Kuznets(1955) (1963)

More information

村本 孜71‐89/71‐89

村本 孜71‐89/71‐89 MERITUM RICARDIS OECD https://www.jicpa knk.ne.jp/download/image/index.html EU (intellectual capital rating) BCP OECD IR ex.) ex.) ex.) ex.) http://www.meti.go.jp/policy/intellectual_assets/index.htm (intellectual

More information

ISSN ISBN C3033 The Institute for Economic Studies Seijo University , Seijo, Setagaya Tokyo , Japan

ISSN ISBN C3033 The Institute for Economic Studies Seijo University , Seijo, Setagaya Tokyo , Japan ISSN 2187 4182 ISBN 978 4 907635 09 1 C3033 The Institute for Economic Studies Seijo University 6 1 20, Seijo, Setagaya Tokyo 157-8511, Japan ISSN 2187 4182 ISBN 978 4 907635 09 1 C3033 The Institute

More information

........,.,.,..,.,.,.,.,.,.,.,., International Capital Market Litan et al a b c d M&A a a b E- e- Litan et al. : Table Levine World Bank Levine Greenwald et al. B R F R r R R r B R r B R r B R R Stiglitz

More information

物価変動の決定要因について ― 需給ギャップと物価変動の関係の国際比較を中心に―

物価変動の決定要因について ― 需給ギャップと物価変動の関係の国際比較を中心に― NAIRU NAIRU NAIRU GDPGDP NAIRUNon- Accelerating Inflation Rate of Unemployment GDP GDP NAIRU Lown and RichFisher, Mahadeva and Whitley raw materials G NAIRUTurnerFai WatanabeNAIRU Watanabe nested NAIRU

More information

わが国企業による資金調達方法の選択問題

わが国企業による資金調達方法の選択問題 * takeshi.shimatani@boj.or.jp ** kawai@ml.me.titech.ac.jp *** naohiko.baba@boj.or.jp No.05-J-3 2005 3 103-8660 30 No.05-J-3 2005 3 1990 * E-mailtakeshi.shimatani@boj.or.jp ** E-mailkawai@ml.me.titech.ac.jp

More information

46−ª3�=4�“ƒ‚S“·‚Ö‡¦

46−ª3�=4�“ƒ‚S“·‚Ö‡¦ 463420101 1. 1989, Yoshida and Rasche1990, Rasche1990, 19921997, Fujiki and Mulligan1996, 1996, Sekine1998, 2001, Fujiki2002, 2003, 2004 Bahmani-Oskooee and Shabsigh1996, Amano and Wirjanto2000, Bahmani-Oskooee

More information

アジアの資本移動の変化に関するクラスター分析 アジア域内の証券投資活性化に向けて

アジアの資本移動の変化に関するクラスター分析 アジア域内の証券投資活性化に向けて * ** 199 1 1996-97 relation * ** Seoul conference China and Emerging Asia: Reorganizing the Global Economy? held by KIEP and Seoul National University 26 5 11-12 Hugh Patrick Yung-Chul Park 26 9 9-1 East

More information

untitled

untitled A3P21014 1 1 1 1 2 1 3 2 2 1 2 2 3 1 3 2 1 3 2 3 2 SET Secure Electronic Transaction IC IC 3 JR Suica() Edy IC IC 1cm IC IC IC IC 1 1 IC IC IC IC JR Suica Edy BitCash 4 IC IC Suica ICOCA 1 IC IC 2 IC 2mm

More information

1234 1242 1294 1312 1317 1313 1334 1394 1428 1422 29 718 1426 33 1428 1429 1450 1469 550 1487 1495 1501 21 1522 1532 55 1533 1535 1536 1537 1539 1540

1234 1242 1294 1312 1317 1313 1334 1394 1428 1422 29 718 1426 33 1428 1429 1450 1469 550 1487 1495 1501 21 1522 1532 55 1533 1535 1536 1537 1539 1540 718 727 743 15 749 808 860 1028 1160 1170 1 1234 1242 1294 1312 1317 1313 1334 1394 1428 1422 29 718 1426 33 1428 1429 1450 1469 550 1487 1495 1501 21 1522 1532 55 1533 1535 1536 1537 1539 1540 1540 1544

More information

bottleneckjapanese.dvi

bottleneckjapanese.dvi 1 M&A Keywords:,. Address: 742-1, Higashinakano, Hachioji-shi, Tokyo 192-09,Japan fax:+81 426 74 425 E-mail: yangc@tamacc.chuo-u.ac.jp ; yasuokaw@tamacc.chuo-u.ac.jp 1 Yang and Kawashima(2008) 1 2 ( MVI

More information

AMR日本語版書式

AMR日本語版書式 ISSN 1347-4448 ISSN 1348-5504 7 3 (2008 3 ) 2008 1 10 1 Edy E-mail: arisumi@bitwallet.co.jp 2001 Edy Edy Edy 1 2008 1 10 GBRC GBRC 2008 Global Business Research Center www.gbrc.jp 151 2008 1 10 1. 1 1

More information

1990年代以降の日本の経済変動

1990年代以降の日本の経済変動 1990 * kenichi.sakura@boj.or.jp ** hitoshi.sasaki@boj.or.jp *** masahiro.higo@boj.or.jp No.05-J-10 2005 12 103-8660 30 * ** *** 1990 2005 12 1990 1990 1990 2005 11 2425 BIS E-mail: kenichi.sakura@boj.or.jp

More information

untitled

untitled IC IC IC VJC IC 14 IC IC IC IC IC 2006 6 IC VJC IC 14 IC IC IC 1 IC IC 1 IC IC IC KANSAI 2 IC IC IC IC IC IC IC IC PiTaPa 1 IC IC IC 5 1 2 VISA VISA IC IC IC A A VISA A IC B VISA IC IC 3 IC IC IC IC IC

More information

取引法の観点からみた資金決済に関する諸問題

取引法の観点からみた資金決済に関する諸問題 1 / /2010.1 105 1. 1 1 1 2008 5 2 2008 10 3 1 4 2007 8 1 2008 32 2 2008 5 12 2009 1 2009 2009 3 6 2008 12 2008 3 1842 32 4 2006 10 2009 4 2009 http://www.shojihomu.or.jp/saikenhou/indexja.html 2005 11

More information

株式保有構成と企業価値 ─コーポレート・ガバナンスに関する一考察─

株式保有構成と企業価値 ─コーポレート・ガバナンスに関する一考察─ q E-mail: kenji.nishizaki@boj.or.jp E-mail: kurasawa@ynu.ac.jp OECD Vives Tirole Shleifer and Vishny q %% %% % % Allen and Gale %% % Admati, Pfreiderer and Zechner Burkart, Gromb and Panunzi Cremer 1995Pagno

More information

1970). Baumol, W. J., Panzar, J. C. and R. D. Willig (1982); Contestable Markets and The Theory of Industry Structure, 1982. Caves, R. and M. E. Porter (1977); From entry barriers to mobility barriers:

More information

PDFŠpŒ{Ł¶

PDFŠpŒ{Ł¶ Shinkin Central Bank Monthly Review 2003.12 hinkin Central Bank Monthly Review 200312 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Community Banker 24 25 26 27 28 29 30 31 32 33 34 35 36

More information

山田正雄ゼミナール 

山田正雄ゼミナール  2008 2008 0530029 0 2008 ICT 20 CD CM 2006 3 0.4% 12 1 2008 2 2008 1 1 4 1.1 4 1.1.1 4 1.1.2 4 1.2 6 1.3 7 2 9 2.1 9 2.2 12 2.2.1 13 2.2.2 14 3 16 3.1 16 3.2 17 3.3 18 3.4 18 4 21 4.1 21 4.2 22 24 URL

More information

untitled

untitled Trade and Trade Finance in the 200809 Financial Crisis, IMF Working Paper WP/11/16., Understanding the Great Trade Collapse of 200809 and the Subsequent Trade Recovery, Economic Perspectives, 2Q/2011.

More information

untitled

untitled 1 2 JR Suica Edy 3 4 elio IC IC / 5 6 Edy Web Money P ID EC IC ID 7 8 9 10 11 12 13 14 Edy Edy Edy Edy Edy NTT Edy Edy "Edy " Edy Edy Edy Edy 15 16 suica suica 2006 1 28 suica Stored FareSF 24 CSP NTT

More information

M&A の経済分析:M&A はなぜ増加したのか

M&A の経済分析:M&A はなぜ増加したのか RIETI Discussion Paper Series 06-J-034 RIETI Discussion Paper Series 06-J-034 M&A の経済分析 :M&A はなぜ増加したのか 蟻川靖浩 宮島英昭 ( 早稲田大学 RIETI) 2006 年 4 月 要旨 1990 年代以降の M&A の急増の主要な要因は 産業や企業の成長性や収益性へのショックである とりわけ M&A を活発に行っている産業あるいは企業の特性としては

More information

...v..&.{..&....

...v..&.{..&.... 8 pp.- 2006 * h ** *** An empirical analysis on the efficiency of the M&A among the non-financial companies based on DEA Hidetoshi KOKUBO*, Koichi MIYAZAKI**, Tomohiko TAKAHASHI*** Abstract Using DEA (Data

More information

日本初期貨幣研究史略 ─和同開珎と富本銭・無文銀銭の評価をめぐって─

日本初期貨幣研究史略 ─和同開珎と富本銭・無文銀銭の評価をめぐって─ IMES DISCUSSION PAPER SERIES Discussion Paper No. 2004-J-14 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 103-8660 30 http://www.imes.boj.or.jp IMES Discussion Paper Series 2004-J-14 2004

More information

ワールド・ワイド 10‐2(P)/3.中尾

ワールド・ワイド 10‐2(P)/3.中尾 28 1 35 35 1 2003 35 2 3 4 29 1965 1998 35 1000 5 647 1960 6 35 7 8 2 30 10 2 2. 1 2. 2 2. 3 3 3. 1 3. 2 4 2 2 2. 1 9 1 2003 1 647 10 t π macro 1 1964 1998 31 t- π macro 7.21 0.12 t 31.3610.65 R 2 0.77

More information

SNAと家計調査における貯蓄率の乖離-日本の貯蓄率低下の要因-

SNAと家計調査における貯蓄率の乖離-日本の貯蓄率低下の要因- RIETI Discussion Paper Series 10-J-003 RIETI Discussion Paper Series 10-J-003 2009 年 12 月 SNA と家計調査における貯蓄率の乖離 - 日本の貯蓄率低下の要因 - 宇南山卓 ( 神戸大学大学院経済学研究科 ) 要 旨 SNA と家計調査から計算される家計貯蓄率の乖離の原因を明らかにし 日本の貯蓄率の低下の原因を考察した

More information

COE-RES Discussion Paper Series Center of Excellence Project The Normative Evaluation and Social Choice of Contemporary Economic Systems Graduate Scho

COE-RES Discussion Paper Series Center of Excellence Project The Normative Evaluation and Social Choice of Contemporary Economic Systems Graduate Scho COE-RES Discussion Paper Series Center of Excellence Project The Normative Evaluation and Social Choice of Contemporary Economic Systems Graduate School of Economics and Institute of Economic Research

More information

IMES DISCUSSION PAPER SERIES Discussion Paper No. 99-J-17 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 100-8630 203 IMES Discussion Paper Series 99-J-17 1999 6 * JEL classification E52 E58

More information

No.7, (2006) 2 Electronic Funds Transfer as the Foundation of the Monetary Value of Electronic Money - A Study on the JBA 1 Integrated Circuit

No.7, (2006) 2 Electronic Funds Transfer as the Foundation of the Monetary Value of Electronic Money - A Study on the JBA 1 Integrated Circuit No.7,321-332 (2006) 2 Electronic Funds Transfer as the Foundation of the Monetary Value of Electronic Money - A Study on the JBA 1 Integrated Circuit Cash Card Standard Specifications (Second Edition)

More information

OSIPP41_p1_2.eps

OSIPP41_p1_2.eps 2007 年 冬 号 No.41 1 2 3 4 Peace Culture Review of Economic Design Journal of Labor Economics Hitotsubashi Journal of Economics Japan and the World Economy Daily Yomiuri Working Paper Series, Center for

More information

首都直下地震における地方財政への影響

首都直下地震における地方財政への影響 ESRI Discussion Paper Series No.241 首都直下地震における地方財政への影響 宮崎毅 August 2010 内閣府経済社会総合研究所 Economic and Social Research Institute Cabinet Office Tokyo, Japan ESRI ディスカッション ペーパー シリーズは 内閣府経済社会総合研究所の研究者および外部研究者によって行われた研究成果をとりまとめたものです

More information

産業・企業レベルデータで見た日本の経済成長.pdf

産業・企業レベルデータで見た日本の経済成長.pdf 2003 11 10 IT IT JIP JCER ) 2003 CD-ROM http://www.esri.go.jp/jp/archive/bun/bun170/170index. html 1 JIP Jorgenson, Mun, andstiroh (2002) GDP 2 3 1951 1954 1957 1960 1963 1966 1969 1972 1975 1978 1981

More information

Brennan, G. and Lomasky, L., Democracy and Decision : The Pure Theory of Electoral Preference, Cambridge: Cambridge U. P., 1993. Campbell, A., Converse, P. E., Miller W. E., and Stokes, D. E., Elections

More information

小塚匡文.indd

小塚匡文.indd 流通科学大学論集 - 経済 情報 政策編 - 第 22 巻第 2 号,19-32(2014) Lending Behavior for Small-Medium Business by Shinkin Bank and Other Domestic Bank in Japan: Evidences from Time Series Data Masafumi Kozuka I. 2006 99.7

More information

ミクロ・データによる家計行動分析: 将来不安と予備的貯蓄

ミクロ・データによる家計行動分析: 将来不安と予備的貯蓄 subjective measures E-mailkeiko.murata@mfs.cao.go.jp subjective subjective measures Dardanoni Leland waiting option Browning and LusardiEngen and Gruber Carroll and Samwick PSIDPanel Study of Income Dynamics

More information

小額決済手段の選択要因 : 消費者向けパネルアンケート調査による実証分析 中田真佐男 1. はじめに経済には一般に複数の決済手段が存在し 取引金額の大小に応じた 棲み分け がなされている しかし 境界での競合を通じて支配的な決済手段は変遷していく 実際 アメリカでは近年になってデビット カードの取引

小額決済手段の選択要因 : 消費者向けパネルアンケート調査による実証分析 中田真佐男 1. はじめに経済には一般に複数の決済手段が存在し 取引金額の大小に応じた 棲み分け がなされている しかし 境界での競合を通じて支配的な決済手段は変遷していく 実際 アメリカでは近年になってデビット カードの取引 九州大学学術情報リポジトリ Kyushu University Institutional Repository 小額決済手段の選択要因 : 消費者向けパネルアンケート調査による実証分析 中田, 真佐男九州大学大学院経済学研究院 : 准教授 : 政策分析 九州大学システム LSI 研究センター : 応用システム研究部門 Nakata, Masao Department of Economic Engineering

More information

クレジットカードの利用に関する一考察―JGSS-2005の分析から―

クレジットカードの利用に関する一考察―JGSS-2005の分析から― 日本版 General Social Surveys 研究論文集 [6] JGSS で見た日本人の意識と行動 JGSS Research Series No.3 JGSS-2005 A Study of the use of credit cards: From the Data of JGSS-2005 Yoko MATSUZAWA Graduate School of Letters Kyoto

More information

JSPS Grants-in-Aid for Creative Scientific Research Understanding Inflation Dynamics of the Japanese Economy Working Paper Series No.7 日本家計の消費 貯蓄 労働プロ

JSPS Grants-in-Aid for Creative Scientific Research Understanding Inflation Dynamics of the Japanese Economy Working Paper Series No.7 日本家計の消費 貯蓄 労働プロ Title 日本家計の消費 貯蓄 労働プロファイル Author(s) 阿部, 修人 ; 稲倉, 典子 Citation Issue 2007-02-14 Date Type Technical Report Text Version publisher URL http://hdl.handle.net/10086/13627 Right Hitotsubashi University Repository

More information

z.prn(Gray)

z.prn(Gray) 1. 90 2 1 1 2 Friedman[1983] Friedman ( ) Dockner[1992] closed-loop Theorem 2 Theorem 4 Dockner ( ) 31 40 2010 Kinoshita, Suzuki and Kaiser [2002] () 1) 2) () VAR 32 () Mueller[1986], Mueller ed. [1990]

More information

39-3/2.論説:藤井・戸前・山本・井上

39-3/2.論説:藤井・戸前・山本・井上 Porter a b!! a b JIS cm cm OEM OEM OEM OEM OEM OEM OEM OEM OEM OEM OEM OEM OEM OEM OEM OEM NTT OEM OEM OEM OEM OEM OEM OEM OEM OEM a b VolNo Porter, M. E. (1990a) The Competitive Advantage of Nations

More information

2 122

2 122 32 2008 pp. 121 133 1 Received November 4, 2008 The aim of this paper is to clarify some profound changes in the language used in the visual media, especially in TV news programs in Japan, and show what

More information

,,,

,,, 法定割増賃金率の引き上げが時間外労働時間 * および有給休暇の付与 取得に与える影響 深堀遼太郎萩原里紗 Keio Household Panel Survey: KHPS Difference in Differences DD ,,, Hamermesh, Trejo, Keio Household Panel Survey: KHPS KHPS URL http://www.mhlw.go.jp/topics/

More information

Preliminary Version Manning et al. (1986) Rand Health Insurance Experiment Manning et al. (1986) 3 Medicare Me

Preliminary Version Manning et al. (1986) Rand Health Insurance Experiment Manning et al. (1986) 3 Medicare Me Preliminary Version. 600 * 14530029 12-1- Preliminary Version. 1 70 1 1997 9 1020 70 1 3 2 70 1 Manning et al. (1986) Rand Health Insurance Experiment 25 50 Manning et al. (1986) 3 Medicare Medicare Medicare

More information

<96D889BA904D2E696E6464>

<96D889BA904D2E696E6464> 615 379 1 1995 10 OECD 1995 380 616 57 3 1993 4 3071 2003 1 3247 10 10 4 1 1990 2000 2003 10 617 381 2002 2 3 4 5 2 1 1990 1995 1995 12 1995 IPP Independent Power Producer 1 2004a, b 2005a, b 382 618 57

More information

untitled

untitled 2 book conference 1990 2003 14 Repeated Cross-Section Data 1 M1,M2 M1 Sekine(1998) Repeated Cross-Section Data 1 1. (1989), Yoshida and Rasche(1990), Rasche(1990), 19921997, Fujiki and Mulligan(1996),

More information

WeinerWright 2005 100 90 80 70 60 50 40 30 20 10 0 Australia 1996 2000 100 90 80 70 60 50 40 30 20 10 0 Canada 1995 1999 2003 100 90 80 70 60 50 40 30

WeinerWright 2005 100 90 80 70 60 50 40 30 20 10 0 Australia 1996 2000 100 90 80 70 60 50 40 30 20 10 0 Canada 1995 1999 2003 100 90 80 70 60 50 40 30 1) WeinerWright 2005 100 90 80 70 60 50 40 30 20 10 0 Australia 1996 2000 100 90 80 70 60 50 40 30 20 10 0 Canada 1995 1999 2003 100 90 80 70 60 50 40 30 20 10 0 Denmark 1994 1998 2003 Garcia Swartz Humphrey

More information

「リストラ中高年」の行方

「リストラ中高年」の行方 ESRI Discussion Paper Series No.10 by February 2002 Economic and Social Research Institute Cabinet Office Tokyo, Japan 1 ESRI 2 ABSTRACT * In this paper, based on the Employment Trend Survey in 2000 and

More information

,, 2024 2024 Web ,, ID ID. ID. ID. ID. must ID. ID. . ... BETWEENNo., - ESPNo. Works Impact of the Recruitment System of New Graduates as Temporary Staff on Transition from College to Work Naoyuki

More information

1991 1991 FAX e-mail 1999.12. 1 1999.12. 31 042-783-2305 4342 194-0298 F 042-783-2311 79 98.11 A4.39 97.11 21 A5.90 97. A5.286 98. 21 A5.197 99.10 A5.276 99.10 B5.22 99.10 B5.24 99. B40.170 99. A5.174

More information

29 Short-time prediction of time series data for binary option trade

29 Short-time prediction of time series data for binary option trade 29 Short-time prediction of time series data for binary option trade 1180365 2018 2 28 RSI(Relative Strength Index) 3 USD/JPY 1 2001 1 2 4 10 2017 12 29 17 00 1 high low i Abstract Short-time prediction

More information

60 Vol. 44 No. 1 2 準市場 化の制度的枠組み: 英国 教育改革法 1988 の例 Education Reform Act a School Performance Tables LEA 4 LEA LEA 3

60 Vol. 44 No. 1 2 準市場 化の制度的枠組み: 英国 教育改革法 1988 の例 Education Reform Act a School Performance Tables LEA 4 LEA LEA 3 Summer 08 59 I はじめに quasi market II III IV V 1 II 教育サービスにおける 準市場 1 教育サービスにおける 準市場 の意義 Education Reform Act 1988 1980 Local Education Authorities LEA Le Grand 1991 Glennerster 1991 3 1 2 3 2 60 Vol. 44

More information

日本の高齢者世帯の貯蓄行動に関する実証分析

日本の高齢者世帯の貯蓄行動に関する実証分析 196 2017 * ** ** 1 2 3 JEL Classification Codes D14, D15, E21 Keywords * 28 Hyun- Hoon Lee Robert Owen Kwanho Shin ** 29 196 An Empirical Analysis of the Saving Behavior of Elderly Households in Japan

More information

Vol.57 No.4 March 2008 : () 1 () () (1 ) (2 ) ( ) 1 Takagi (1989)Hamao (1992) (1998)

Vol.57 No.4 March 2008 : () 1 () () (1 ) (2 ) ( ) 1 Takagi (1989)Hamao (1992) (1998) Title Author(s) 東京証券取引所における株式取引 : 2001 年から 2003 年 太田, 亘 Citation 大阪大学経済学. 57(4) P.242-P.262 Issue Date 2008-03 Text Version publisher URL https://doi.org/10.18910/15995 DOI 10.18910/15995 rights Vol.57

More information

ワークショップ「国際財務報告基準(IFRS)と企業行動:IFRSアドプションのインパクト」の模様

ワークショップ「国際財務報告基準(IFRS)と企業行動:IFRSアドプションのインパクト」の模様 IMES DISCUSSION PAPER SERIES IFRS IFRS Discussion Paper No. 2010-J-25 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 103-8660 2-1-1 http://www.imes.boj.or.jp IMES Discussion Paper Series 2010-J-25

More information

RIETI Highlight VOL.25

RIETI Highlight VOL.25 RIETI Highlight 2009 SUMMER 25 VOL. Research Digest RIETI 2009 SUMMER VOL. 25 Highlight 1 2 3 5 8 10 12 13 14 19 ResearchDigest 20 24 28 32 36 38 40 41 42 44 45 RIETI Topics 01 CONTENTS 02 RIETI Highlight

More information

橡同居選択における所得の影響(DP原稿).PDF

橡同居選択における所得の影響(DP原稿).PDF ** *** * 2000 13 ** *** (1) (2) (1986) - 1 - - 2 - (1986) Ohtake (1991) (1993) (1994) (1996) (1997) (1997) Hayashi (1997) (1999) 60 Ohtake (1991) 86 (1996) 89 (1997) 92 (1999) 95 (1993) 86 89 74 79 (1986)

More information

メイン寄せリスクと貸出債権価値の評価:ゲーム論的リアルオプションによるアプローチ

メイン寄せリスクと貸出債権価値の評価:ゲーム論的リアルオプションによるアプローチ 2 i ii RIETI E-mail: tshibata@tmu.ac.jp E-mail: tetsuya.yamada@boj.or.jp / /2008.11 1 1. 2007 2 1 DCF DCF Leland [1994] Mella-Barral and Perraudin [1997] DCF DCF 2 /2008.11 1 1 3 2 Mella-Barral and Perraudin

More information

CO CO2 1 CO2 CO2 CO2 CO CO2 CO2 CO2 9 3CO2 CO2 a, b2 a a1 a2 a3 a4 b a 3 ELC-CO2 CO2 CO2 CO2 Vol.2 No Spring 3

CO CO2 1 CO2 CO2 CO2 CO CO2 CO2 CO2 9 3CO2 CO2 a, b2 a a1 a2 a3 a4 b a 3 ELC-CO2 CO2 CO2 CO2 Vol.2 No Spring 3 CO2 CO2 CO2 LCA HAYASHI, Yoshitsugu KATO, Hirokazu UENO, Yoichi 1 CO2 2 CO2 1 3 2 1 1 8 6 4 2 4 2 % 89 1975 198 199 CO2 CO2 2 CO2 1 1989 35,7 CO2 21 26. 5 1 15 19971 19.4 115. 12.6 117.2 1,5cc1,2kg15 12km/l1,km1

More information

I

I 3 15 WIR 24 29 30 30 1 IC 8090 1 WIR 2 CPI GDPM2 CD 97 0.91.0 03 0.73 2730 3 ZUKA 4 IC 100 5 89 10 1520 1,800 03 TSUTAYA 03 TSUTAYA TSUTAYA 1,800 JCB UC UFJ Plet s Plet s JTB 26 6 DC UFJ 03 03 Edy Edy

More information

本邦株式市場の流動性に関する動学的考察―東京証券取引所のティック・データ分析―

本邦株式市場の流動性に関する動学的考察―東京証券取引所のティック・データ分析― tightnessdepth resiliency BIS Market Liquidity: Research Findings and Selected Policy Implications BISWorld Wide Web http://www.bis.org E-mail: jun.muranaga@boj.or.jp Muranaga and Shimizu O Hara Muranaga

More information

国際流動性に関する財政的側面について

国際流動性に関する財政的側面について IMF SDR IMF 2011 6 1 2 2011 E-mail: obstfeld@econ.berkeley.edu / /2011.10 35 1. 2007 2009 2 Goodhart [1999] 2010 11 2. 4 1970 IMF 1960 36 /2011.10 international reserve 1 D 35 1 D 35 1960 Eichengreen [2011]

More information

デフレ不況下の金融政策をめぐる政治過程

デフレ不況下の金融政策をめぐる政治過程 1991 2003 GDP....................................... http://www.stat.go.jp/ http://www.boj.or.jp/ GDP http://www.esri.cao.go.jp/ GDP - - - inflation targeting Krugman a IS-LM liquidity trap Krugman b Krugman

More information

2 / 24

2 / 24 2017 11 9 1 / 24 2 / 24 Solow, 1957 total factor productivity; TFP 5% 経済成長率の要因分解 4% 3% 2.68% 2.51% 2% 1% 0% 1.63% 1.50% 0.34% 0.42% 0.55% 0.97% 1.14% 0.86% 0.13% -0.59% -0.59% -0.09% 0.01% -1% 1970-80

More information