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Asset Bubbles and Government Policy(Fostering Joint International Research)

Research Project

Project/Area Number 15KK0077
Research Category

Fund for the Promotion of Joint International Research (Fostering Joint International Research)

Allocation TypeMulti-year Fund
Research Field Economic theory
Research InstitutionThe University of Tokyo

Principal Investigator

HIRANO Tomohiro  東京大学, 大学院経済学研究科(経済学部), 講師 (60609064)

Research Collaborator Scheinkman Jose A.  コロンビア大学, 経済学部, 教授
Stiglitz Joseph E.  コロンビア大学, ビジネススクール, 教授
Project Period (FY) 2016 – 2017
Project Status Completed (Fiscal Year 2017)
Budget Amount *help
¥14,040,000 (Direct Cost: ¥10,800,000、Indirect Cost: ¥3,240,000)
Keywords資産バブルと経済政策 / 資産バブルに対する最適政策 / 資産バブル / 金融規制 / 金融システム / 救済 / 経済厚生
Outline of Final Research Achievements

I stayed at Columbia University between September 2016 and September 2017. I had a great opportunity to discuss with Professor Jose A. Scheinkman who was my host professor, and started to work on several joint research projects on asset price bubbles. Also, one of my papers which I revised during my visiting was published at a Top journal in economic science. Moreover, Professor Joseph E. Stiglitz and I have started joint projects on macroeconomic instability.

Report

(3 results)
  • 2017 Annual Research Report   Final Research Report ( PDF )
  • 2016 Research-status Report
  • Research Products

    (9 results)

All 2017 2016

All Int'l Joint Research (1 results) Journal Article (2 results) (of which Peer Reviewed: 2 results,  Open Access: 2 results,  Acknowledgement Compliant: 1 results) Presentation (5 results) (of which Int'l Joint Research: 4 results,  Invited: 1 results) Book (1 results)

  • [Int'l Joint Research] コロンビア大学経済学部(米国)2016

    • Related Report
      2017 Annual Research Report
  • [Journal Article] Asset Bubbles, Endogenous Growth, and Financial Frictions2017

    • Author(s)
      Hirano, Tomohiro and Noriyuki Yanagawa
    • Journal Title

      The Review of Economic Studies

      Volume: 84 Pages: 406-443

    • Related Report
      2017 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Asset Bubbles, Endogenous Growth, and Financial Frictions2017

    • Author(s)
      Tomohiro Hirano and Noriyuki Yanagawa
    • Journal Title

      The Review of Economic Studies

      Volume: 84(1) Pages: 406-443

    • Related Report
      2016 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Presentation] Rational Expectations, Wobbly Economy, and Government Policy2017

    • Author(s)
      平野智裕
    • Organizer
      日本応用経済学会
    • Related Report
      2017 Annual Research Report
    • Invited
  • [Presentation] Asset Bubbles and Macro-Prudential Policy2017

    • Author(s)
      Hirano, Tomohiro
    • Organizer
      The Society for Computational Economics
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Power Law, Asset Bubbles, and Economic Growth2017

    • Author(s)
      Hirano, Tomohiro
    • Organizer
      Workshop on Growth, Stagnation, and Inequality
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Asset Bubbles and Macro-Prudential Policy2017

    • Author(s)
      Hirano, Tomohiro
    • Organizer
      International Economic Association
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Asset Bubbles and Macro-Prudential Policy2017

    • Author(s)
      Hirano, Tomohiro
    • Organizer
      The Laboratory for Aggregate Economics and Finance
    • Related Report
      2017 Annual Research Report
    • Int'l Joint Research
  • [Book] バランスシート効果と政策の有効性について2017

    • Author(s)
      平野智裕
    • Total Pages
      34
    • Publisher
      三菱経済研究所
    • ISBN
      4943852602
    • Related Report
      2017 Annual Research Report

URL: 

Published: 2016-10-04   Modified: 2019-03-29  

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