• Search Research Projects
  • Search Researchers
  • How to Use
  1. Back to previous page

Interaction between micro-level firm behavior and macro-level business cycles

Research Project

Project/Area Number 15K20918
Research Category

Grant-in-Aid for Young Scientists (B)

Allocation TypeMulti-year Fund
Research Field Economic theory
Economic policy
Research InstitutionKobe University (2016-2018)
The University of Tokyo (2015)

Principal Investigator

Sunakawa Takeki  神戸大学, 社会システムイノベーションセンター, 特命准教授 (10747223)

Research Collaborator Yum Minchul  University of Mannheim
Jang Youngsoo  Shanghai University of Finance and Economics
Project Period (FY) 2015-04-01 – 2019-03-31
Project Status Completed (Fiscal Year 2018)
Budget Amount *help
¥3,250,000 (Direct Cost: ¥2,500,000、Indirect Cost: ¥750,000)
Fiscal Year 2017: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2016: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2015: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Keywords異質的主体 / 数値計算 / 異質的主体モデル / 景気循環理論 / 異質的企業
Outline of Final Research Achievements

We wrote the following two papers and submitted to peer-referred journals in English.
In "Applying Explicit Aggregation Algorithm to Heterogeneous Macro Models," we applied the Explicit Aggregation (XPA) algorithm developed by Den Haan and Renhahl (2010) to a variety of heterogeneous-agent macro models.
In "Is Household Heterogeneity Important for Business Cycles?" (joint with Youngsoo Jang, Minchul Yum), we analyzed business cycles using heterogeneous-household models with endogenous labor supply and progressive government transfers.

Academic Significance and Societal Importance of the Research Achievements

家計の所得や資産における格差が近年話題になっているが、そのような経済主体の異質性を考慮したこれらの分析は、例えば財政政策が家計間の格差に与える影響を分析することができる。こうした分析は、これまであまり注目されてこなかったマクロ経済政策の波及過程を理解する上で重要であり、社会的意義がある。
学術的には、論文を作成する過程で、異質的主体モデルの数値解法や関連研究に対する理解が大きく深まった。このことは、今後さらに研究を継続、発展させていく上で大変有意義であった。

Report

(5 results)
  • 2018 Annual Research Report   Final Research Report ( PDF )
  • 2017 Research-status Report
  • 2016 Research-status Report
  • 2015 Research-status Report
  • Research Products

    (16 results)

All 2019 2018 2017 2015 Other

All Int'l Joint Research (4 results) Presentation (9 results) (of which Int'l Joint Research: 7 results) Remarks (3 results)

  • [Int'l Joint Research] マンハイム大学(ドイツ)

    • Related Report
      2018 Annual Research Report
  • [Int'l Joint Research] 上海財経大学(中国)

    • Related Report
      2018 Annual Research Report
  • [Int'l Joint Research] University of Mannheim(ドイツ)

    • Related Report
      2016 Research-status Report
  • [Int'l Joint Research] The Ohio State University(米国)

    • Related Report
      2016 Research-status Report
  • [Presentation] Is Household Heterogeneity Important for Business Cycles?2019

    • Author(s)
      Takeki Sunakawa
    • Organizer
      The University of Queensland
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Is Household Heterogeneity Important for Business Cycles?2018

    • Author(s)
      Takeki Sunakawa
    • Organizer
      Asian Meeting of the Econometric Society
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Is Household Heterogeneity Important for Business Cycles?2018

    • Author(s)
      Takeki Sunakawa
    • Organizer
      The Annual Dynare Conference
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Applying Explicit Aggregation Algorithm to Heterogeneous Macro Models2018

    • Author(s)
      Takeki Sunakawa
    • Organizer
      Shanghai University of Economics and Finance
    • Related Report
      2018 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Implications of Taxes and Transfers for Labor Market Fluctuations2017

    • Author(s)
      Takeki Sunakawa
    • Organizer
      Macro reading group
    • Place of Presentation
      Queen Mary University of London
    • Year and Date
      2017-03-03
    • Related Report
      2016 Research-status Report
  • [Presentation] Implications of Taxes and Transfers for Labor Market Fluctuations2017

    • Author(s)
      Takeki Sunakawa
    • Organizer
      School of Economics seminar series 2016/17
    • Place of Presentation
      University of Kent, Canterbury
    • Year and Date
      2017-03-02
    • Related Report
      2016 Research-status Report
  • [Presentation] Implications of Government Transfers for Labor Market Fluctuations in an Economy with Household Heterogeneity2017

    • Author(s)
      Takeki Sunakawa
    • Organizer
      Workshop for Heterogeneous Macro Models
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] Applying the Explicit Aggregation Algorithm to Heterogeneous Firm Models: With an Application to Estimating the Aggregate Technology Shock Process2015

    • Author(s)
      Takeki Sunakawa
    • Organizer
      Macroeconomics Workshop
    • Place of Presentation
      コロンバス(アメリカ)The Ohio State University
    • Year and Date
      2015-11-10
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] Sustainable International Monetary Policy Cooperation2015

    • Author(s)
      Takeki Sunakawa
    • Organizer
      Econometric Society World Congress
    • Place of Presentation
      モントリオール(カナダ)Palais des Congres de Montreal
    • Year and Date
      2015-08-21
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Remarks] Takeki Sunakawa's economics website

    • URL

      https://sites.google.com/view/takekisunakawa/home

    • Related Report
      2018 Annual Research Report
  • [Remarks] Minchul Yum

    • URL

      https://sites.google.com/site/minchulyum/

    • Related Report
      2018 Annual Research Report
  • [Remarks] Youngsoo Jang

    • URL

      https://sites.google.com/site/youngsoojangecon/

    • Related Report
      2018 Annual Research Report

URL: 

Published: 2015-04-16   Modified: 2022-02-22  

Information User Guide FAQ News Terms of Use Attribution of KAKENHI

Powered by NII kakenhi