Fertility, Education and Macroeconomics: The Case of Japan

This book is intended for those who wish to learn about research methodologies using the endogenous fertility model from the basics. The first half of the book provides comprehensive explanations of how to construct the endogenous fertility model, including detailed mathematical formulations often omitted from existing literature, so that beginner students can fully understand the contents of the book. The latter part of the book presents research papers that build on the theoretical foundations established in the first half. In this way, we set up a theoretical model using the fertility endogenization model and aim to provide a comprehensive reference for researchers and graduate students who wish to conduct rigorous analytical analysis.

Empirical analysis has become increasingly central to recent research in this field. In order to avoid empirical analysis without theory, the book is also designed as a valuable guide for establishing robust theoretical foundations in empirical studies. Thus, we have tried to make this book useful not only for theoretical analysis but also for those who conduct empirical analysis. In addition, we believe the book’s content will remain relevant over time—another distinguishing feature.

Masatoshi Jinno is a professor in the Faculty of Economics at Nanzan University. His research centers on immigration economics, public pension and social-security finance, and education economics. He has published articles in journals such as FinanzArchiv: Public Finance Analysis, Demographic Research, The Singapore Economic Review, and The International Review of Economics. He earned a Ph.D. in Economics from Nagoya University and holds a B.A. in Foreign Studies from Osaka University of Foreign Studies.

Masaya Yasuoka is a professor at the School of Economics, Kwansei Gakuin University. His main areas of research interest are public finance, social security, and macroeconomics. He has published papers in scholarly journals including Economics Letters, Economic Modelling, International Review of Economics and Journal of the Economics of Ageing. Professor Yasuoka received a B.A. in economics from Nagoya City University and a Ph.D. in economics from Kobe University.