Contents

Chapter 1
Estimation of Moments of Form-free Distributed Lags Revisited
　　　　　　　　　　　　　　　　　　　　　　　　Toshihisa Toyoda
　1. Introduction
　2. Estimation of Low-order Moments of Form-free Lags
　3. Remarks and Conclusion
　  References

Chapter 2
Optimal Control of Transboundary Pollution in Two Asymmetric Regions
　　　　　　　　　　　　　　　　Tsutomu Tokimasa and Ning Lisin
　1. Introduction
　2. Model and cooperative control of pollutant emission
　3. Linear MP strategy
　4. The dynamic game solutions in two-regions and non-cooperative policies
　5. Summary
　  References

Chapter 3
On the Global Stability of the Two Sector Endogenous Growth Model
with and without Educational Investment Adjustment Costs
　　　　　　　　　　　　　　　　　　　　　　　　　Tadashi Inoue
　1. Introduction
　2. Model
　3. Concluding Remarks 
　  References

Chapter 4
Growth and Development of Asia Pacific Bond Markets
　　　　　　　　　　　　　　　　　　　　　　　　Chris Czerkawski
　1. Introduction
　2. Recent studies of Asia Pacific bond markets
　3. Policy related developments in Asia Pacific bond market
　4. Conclusion
　  Literature

Chapter 5
Leviathan and Competition in the Presence of Imperfect Household Mobility
　　　　　　　　　　　　　　　　　　　　　　　Chikara Yamaguchi
　1. Introduction
　2. The Model
　3. Regional Government Behavior
　4. Concluding Remarks 
　  References

Chapter 6
Investment, Taxes and Macro Economy
　　　　　　　　　　　　　　　　　　　　　　　　Shohei Katayama
　1. Introduction
　2. Investment and tax policies
　3. Effects of tax policies on investment
　4. Investment,taxes and macroeconomic equilibrium
　5. Conclusion
　  References