| Budget Amount *help |
¥3,120,000 (Direct Cost: ¥2,400,000、Indirect Cost: ¥720,000)
Fiscal Year 2009: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2008: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Research Abstract |
In this research project, I conducted macroeconomic analyses of the labor market by applying the search and matching theory and the dynamic contract theory. In particular, I used a model of long-term contracts which combine these two approaches, and explored how long-term productivity growth affects, for example, the unemployment rate and the job tenure. Throughout the project, I emphasized both the theoretical examinations of the model characteristics, as well as the quantitative exploration of the model, based on numerical simulations, and its comparison with the data. I actively presented the three papers (two papers originally planned, plus an additional one) that formed the project at international conferences and seminars at other universities. I revised the three papers based on feedbacks obtained at these occasions, and completed them. I am currently aiming to have them published in peer-reviewed journals.
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