| 
	
	
		| Masafumi  Kozuka  | 
	
	
		| University of Marketing and Distribution Sciences and Kobe University | 
	
	
		|   | 
	
	
		 | 
	
	
		 | 
	
	
		 | 
	
	
		| Kobe, Hyogo  | 
	
	
		| Japan | 
	
	
		|   | 
	
	
		| Masafumi_Kozuka@red.umds.ac.jp | 
	
	
		|   | 
	
	
		 | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		|   | 
	
	
		JEL Areas: E2 : Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data) E4 : Money and Interest Rates: General |