Makoto Yano's Home Page

Journal Articles / Book Chapters

  • Turnpike Theory: Some Corrections (1980) with L. McKenzie: Econometrica, Vol. 48, No. 7, pp. 1839–1840
  • A Note on the Existence of an Optimal Capital Accumulation in the Continuous Time Horizon (1982) : Journal of Economic Theory, Vol. 27, No. 2, pp. 421–429
  • Welfare Aspects of the Transfer Problem (1983) : Journal of International Economics, Vol. 15, No. 3–4, pp. 277–289
  • Competitive Equilibrium on Turnpikes in a McKenzie Economy, I: A Neighborhood Turnpike Theorem (1984) : International Economic Review, Vol. 25, No. 3, pp. 695–717
  • The Primal Route to the Turnpike and Asymptotic Stability (1984) : Journal of Mathematical Economics, Vol. 13, No. 3, pp. 225–234
  • The Turnpike of Dynamic General Equilibrium Paths and Its Insensitivity to Initial Conditions (1984) : Journal of Mathematical Economics, Vol. 13, No. 3, pp. 235–254
  • Competitive Equilibrium on Turnpikes in a McKenzie Economy, II: An Asymptotic Turnpike Theorem (1985) : International Economic Review, Vol. 26, No. 3, pp. 661–669
  • Forward Exchange, Futures Trading and Spot Price Variability: A General Equilibrium Approach (1987) with P. Weller: Econometrica, Vol. 55, No. 6, pp. 1433–1450
  • Voluntary Export Restraints and Expectations: An Analysis of Export Quotas in Obligopolistic Markets (1989) : International Economic Review, Vol. 30, No. 4, pp. 707–723
  • Comparative Statics in Dynamic Stochastic Models: Differential Analysis of a Stochastic Modified Golden Rule State in a Banach Space (1989) : Journal of Mathematical Economics, Vol. 18, pp. 169–185
  • A Local Theory of Cooperative Games (1989) : International Journal of Game Theory, Vol. 19, pp. 301–324
  • Von Neumann Facets and the Dynamic Stability of Perfect Foresight Equilibrium Paths in Neo-Classical Trade Models (1990) : Journal of Economics, Vol. 51, No. 1, pp. 27–69
  • Teoria del Equilibrio con Sendas Convertentes (1990) : Cuadernos Economicos, Vol. 46, No. 3, pp. 27–59
  • International Transfers: Strategic Losses and the Blocking of Mutually Advantageous Transfers (1991) : International Economic Review, Vol. 32, No. 2, pp. 371–382
  • Temporary Transfers in a Simple Dynamic General Equilibrium Model (1991) : Journal of Economic Theory, Vol. 54, No. 2, pp. 372–388
  • Business Cycles and Complex Non-Linear Dynamics (1992) with K. Nishimura: Chaos, Solitons and Fractals, Vol. 2, pp. 95–102
  • An Introduction to the Theory of Hedging and Speculation in Future Markets (1992) with P. Weller: The Theory of Futures Markets (ed. By P. Weller, Blackwell, Oxford), pp. 15–35
  • Interlinkage in the Endogenous Real Business Cycles of International Economies (1993) with K. Nishimura: Economic Theory, Vol. 3, pp. 151–168
  • Endogenous Real Business Cycles and International Specialization (1993) with K. Nishimura: Theory, Policy and Dynamics in International Trade: in Honor of Ronald W. Jones, (ed. By W. Ethier, E. Helpman, and P. Neary, Cambridge University Press), pp. 213–236
  • International Transfers in Dynamic Economies (1993) : General Equilibrium, Growth and Trade, II: in Honor of Lionel W. McKenzie, ed. By M. Boldrin, B. Becker, R. Jones and W. Thomson, Academic Press, pp. 555–582
  • Optimal Chaos when Future Utilities are Discounted Arbitrarily Weakly (1993) with K. Nishimura: Institute of Mathematical Analysis, Research in Non-Linear Analysis and Mathematical Economics, Lecture Note Series, ed. By T. Maruyama and W. Takahashi, Kyoto University,
  • Optimal Chaos, Non-Linearity and Feasibility Conditions (1994) with K. Nishimura: Economic Theory, Vol. 4, pp. 689–704
  • Ergodic Chaos in Optimal Growth Models with Low Discount Rates (1994) with K. Nishimura and G. Sorger: , Vol. 4, pp. 705–717
  • Social Capital as Public Goods and Business Cycles (1994) with K. Nishimura: Ricerche Economiche, Vol. 18, pp. 185–193
  • Pecuniary Externalities of Futures Trading and Constrained Suboptimality (1994) : Financial Economics, Vol. 1, No. 1, pp. 67–87
  • Durable Capital and Chaos in Competitive Business Cycles (1994) with K. Nishimura: Journal of Economic Behavior and Organization, Vol. 27, pp. 165–181
  • Non-Linearity and Business Cycles in a Two-Sector Equilibrium Model: An Example with Cobb-Douglas Production Functions (1995) with K. Nishimura: Non-Linear Analysis in Mathematics and Economic Theory (ed. By T. Maruyama and W. Takahashi, Springer-Verlag),
  • Non-Linear Dynamics and Chaos in Optimal Growth: An Example (1995) with K. Nishimura: Econometrica, Vol. 63, No. 4, pp. 981–1001
  • On the Least Upper Bound of Discount Factors that are Compatible with Optimal Period-Three Cycles (1996) with K. Nishimura: Journal of Economic Theory, Vol. 69, No. 2, pp. 306–333
  • Chaotic Solutions in Dynamic Linear Programming (1997) with K. Nishimura: Chaos, Solitons and Fractals , Vol. 7, No. 11, pp. 1941–1953
  • On the Existence of Chaotic Solutions in Dynamic Linear Programming (1997) with K. Nishimura: Proceeding on the International Congress on Modelling and Simulation, ed. by D. McDonald and M. McAleer, Modelling an Simulation Society ,
  • On the Dual Stability of a von Neumann Facet and the Inefficacy of Temporary Fiscal Policy (1998) : Econometrica, Vol. 66, No. 2, pp. 427–452
  • Interior Topological Chaos with Arbitrarily Low Discount Rates (1998) with K. Nishimura and T. Shigoka: Japanese Economic Review, Vol. 49, No. 3, pp. 223–233
  • The Role of Capital Depreciation in Multi-Sector Models (1998) with G. Baierl and K. Nishimura : Journal of Economic Behavior and Organization , Vol. 33, pp. 467–479
  • Chaotic Solutions in Infinite-Time Horizon Linear Programming and Economic Dynamics (1999) with K. Nishimura : Advances in Mathematical Economics , Vol. 1, pp. 115–126
  • Aid, Non-Traded Goods and the Transfer Paradox in Small Countries (1999) with J. Nugent : American Economic Review , Vol. 89, No. 3, pp. 431–449
  • Stability and Turnpike Theorems in Dynamic Competitive Equilibrium (1999) : Japanese Economic Review, Vol. 50, No. 4, pp. 398–421
  • On the Existence of Chaotic Solutions in Dynamic Linear Programming (1999) with K. Nishimura: Mathematics and Computers in Simulation , Vol. 48, pp. 487–496
  • Trade Imbalance and Domestic Market Competition Policy (2001) : International Economic Review , Vol. 42, No. 3, pp. 929–950
  • Chaotic Equilibrium Dynamics in Endogenous Growth Models (2001) with M. Boldrin, K. Nishimura, and T. Shigoka : Journal of Economic Theory , Vol. 96, pp. 97–132
  • Trade, Vertical Production Chain, and Competition Policy (2003) with F. Dei : Review of International Economics , Vol. 11, No. 2, pp. 237–252
  • Optimal Topological Chaos in Dynamic Economies (2004) with K. Nishimura and T. Shigoka : Proceedings of Sixth International Conference on Difference Equations, Augsburrg, Germany 2001, pp. 289–198
  • Working and Training: A Nonlinear Dynamic Analysis of Human Capital Development (2004) with K. Nishimura and T. Yagi : Japanese Economic Review , Vol. 55, No. 2, pp. 119–140
  • Discrete-Time in Economics: An Introduction (2004) with K. Nishimura: Journal of Difference Equations and Applications , Vol. 10, No. 5, pp. 449–451
  • Short-Run Trade Surplus Creation (2004) : Journal of Difference Equations and Applications , Vol. 10, No. 5, pp. 453–461
  • Optimal Competition Policy in a Model of Vertical Production Chain (2004) with F. Dei : S. Katayama and H. Ursprung, eds.,International Economic Policies in a Globalized World, Springer, Berlin , pp. 163–176
  • Coexistence of Large Firms and Less Efficient Small Firms under Price Competition with Free Entry (2005) : International Journal of Economic Theory , Vol. 1, pp. 167–188
  • Welfare Losses From Non-Tariff Barriers: The Japanese Beef Quota Case (2005) with R. Takahashi and H. Mizuno : Japanese Economic Review , Vol. 56, pp. 457–468
  • Network Externalities, Discrete Demand Shifts, and Sub-Marginal-Cost Pricing (2006) with F. Dei : Canadian Journal of Economics , pp. 455–476
  • The Bertrand Equilibrium in a Price Competition Game (2006) : Advances in Mathematical Economics , Vol. 8, pp. 449–465
  • A Price Competition Game under Free Entry (2006) : Economic Theory, Vol. 29, pp. 395–414
  • Network Externalities, Lexicographic Demand Shifts, and Marginal Cost Dumping (2006) with F. Dei : Keio Economic Studies, Vol. 42, No. 1–2, pp. 115–130
  • Introduction (2006) with W. Ethier: Special Issue in Honor of Professor Michihiro Ohyama, Keio Economic Studies , Vol. 42, No. 1–2, pp. –vi
  • International Game of Domestic Competition Policies (2006) with F. Dei : Journal of Economics of Kwansei GakuinUniversity , No. July, pp. 15–27
  • Endogenous Price Leadership and Technological Differences (2006) with T. Komatsubara: International Journal of Economic Theory , Vol. 2, pp. 365–383
  • Short-Run Trade Surplus Creation in a Two-Sector Setting (2006) with T. Honryo: Japanese Economic Review , Vol. 57, No. 4, pp. 476–482
  • Introduction (2006) with K. Nishimura: Grantmount Special Issue, International Journal of Economic Theory , Vol. 2, pp. 171–173
  • Competition Policy or Tariff Policy: Which is More Effective? (2006) with R. Takahashi and J. Kenzaki : Asia-Pacific Journal of Accounting and Economics , Vol. 13, No. 2, pp. 163–170
  • Endogenous Fluctuations in Two-Country Models (2006) with K. Nishimura and A. Venditti : The Japanese Economic Review , Vol. 57, No. 4, pp. 516–532
  • Necessity of a Transversality Condition in a Firm's Intertemporal Optimization (2007) : Journal of Difference Equations and Applications , Vol. 13, No. 1–2, pp. 99–106
  • Law and Economics of M&A Markets (2008) with T. Komatsubara: The Japanese Market — A Market Quality Perspective, ed., by M. Yano, Keio University Press,
  • Economic Analysis of Market Quality (2008) : The Japanese Market — A Market Quality Perspective, ed., by M. Yano, Keio University Press,
  • Altruism as a Motive for Intergenerational Transfers (2008) with H. Fujiu: International Journal of Economic Theory , Vol. 4, No. 1, pp. 95–114
  • Introduction to the Special Issue on Nonlinear Macroeconomic Dynamics (2008) with K. Nishimura: International Journal of Economic Theory , Vol. 4, No. 1, pp. 1–2
  • Competition Policy as a Substitute for Tariff Policy (2008) with R. Takahashi and J. Kenzaki : Contemporary and Emerging Issues in Trade Theory and Policy, ed by Sugata Marjit and Eden Yu, Elsevier,
  • Introduction to the Special Issue in Honor of Takashi Negishi (2008) with J.-M. Grandmont and K. Nishimura: International Journal of Economic Theory , Vol. 4, No. 2, pp. 135–136
  • On Professor Takashi Negishi's Contributions to Economic Theory (2008) with J.-M. Grandmont and K. Nishimura: International Journal of Economic Theory , Vol. 4, No. 2, pp. 137–149
  • Competitive Fairness and the Concept of a Fair Price under Delaware Law on M&A (2008) : International Journal of Economic Theory , Vol. 4, No. 2, pp. 175–190
  • On Yano's Price Leadership Game (2008) with T. Komatsubara: International Trade and Economic Dynamics: Essays in Memory of Koji Shimomura, ed by T. Kamihigashi and L. Zhao, Springer, pp. 513–523
  • The Foundation of Market Quality Economics (2009) : The Japanese Economic Review , Vol. 60, No. 1, pp. 1–32
  • Introduction to the Special Issue in Memory of Professor Koji Shimomura (2009): Review of International Economics , Vol. 17, No. 2, pp. 207–208
  • Koji Shimomura: A Memoir (2009) with N. V. Long: Review of International Economics , Vol. 17, No. 2, pp. 209–229
  • Optimal Growth and Competitive Equilibrium Business Cycles under Decreasing Returns in Two-Country Models (2009) with K. Nishimura and A. Venditti : Review of International Economics , Vol. 17, No. 2, pp. 371–391
  • Trade Imbalances and Harmonization of Competition Policies (2010) with Takakazu Honryo: Journal of Mathematical Economics, Vol. 46, No. , pp. 438–452
  • Expectation-Driven Fluctuations and Welfare Loss under Free Trade in Two-Country Models (2010) with K. Nishimura and A. Venditti: International Journal of Economic Theory, Vol. 6, No. 1, pp. 97–125
  • The 2008 World Financial Crisis and Market Quality Theory (2010): Asian Economic Papers, Vol. 9, No. 3, pp. 172–192
  • Fundamental Difficulty Underlying International Harmonization of Competition Policies (2011) with Takakazu Honryo: International Journal of Economic Theory, Vol. 7 No. 1 111–118
  • A Two-Country Game of Competition Policies (2011) with Takakazu Honryo: Review of International Economics, Vol. 19 No. 2 pp. 207–208
  • Private Defense Of Intellectual Properties And Economic Growth (2011) Taro Akiyama, Yuichi Furukawa and M. Yano: International Journal of Development and Conflict , Vol. 1 No. 3 pp. 355–364
  • Observability of Chaotic Economic Dynamics in the Matsuyama Model (2011) M. Yano, Kenji Sato and Yuichi Furukawa: Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji, ed By Krishnendu G. Dastidar, Hiranya Mukhopadhyay and Uday B. Sinha, Oxford University Press , pp. 83–93
  • Comparative Dynamics in Stochastic Models with Respect to the Lāˆžā€“Lāˆž Duality: a Differential Approach (2011) Kenji Sato and M. Yano: Macroeconomic Dynamics, Vol.16 pp. 127–138

Guest Editing

  • Special issue in honor of Professor Michihiro Ohyama (2006) with W. Ethier: Keio Economic Studies, Vol. 42, No. 1-2, pp. 1–4
  • Symposium on Trade Grouth (2006) The Japanese economic Review, Vol. 57, No. 4, pp. 455–456
  • Special Issue in Honor of Jean-Michel Grantmount (2006) with K. Nishimura: International Journal of Economic Theory, Vol. 2, No. 3-4, pp. 171–173
  • Special issue in honor of Takashi Negishi (2008) with J.-M. Grandmont and K. Nishimura: International Journal of Economic Theory, Vol. 4, No. 2, pp. 135–136
  • Koji Shimomura: A memoir (2009) with Ngo Van Long: Review of International Economics, Vol. 17, No. 2, pp. 209–229