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Theoretical and empirical analysis on household and firm dynamics

Research Project

Project/Area Number 19KK0338
Research Category

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

Allocation TypeMulti-year Fund
Review Section Basic Section 07010:Economic theory-related
Research InstitutionWaseda University

Principal Investigator

Masashige Hamano  早稲田大学, 政治経済学術院, 教授 (20711089)

Project Period (FY) 2020 – 2023
Project Status Completed (Fiscal Year 2023)
Budget Amount *help
¥15,210,000 (Direct Cost: ¥11,700,000、Indirect Cost: ¥3,510,000)
Keywords参入・退出 / 企業の異質性 / 家計の異質性 / 動学的一般均衡 / 関税政策 / 金融制約 / 人口動態 / 開放経済
Outline of Research at the Start

本国際共同研究は、家計・企業におけるミクロレベルでの異質性を明示的に考慮し、その動学的一般均衡的帰結を理論モデルにおいて、あるいはビッグデータを用いて探求するものである。具体的に以下の密接に関連する5つの異なるテーマ、 A)『異質な家計とマクロ動学』、B)『金融政策と異質な企業』、C)『金融制約と異質な企業』、D) 『貿易ショックと輸出財の種類、品質の変化』、E)『自然災害と地域間扶助』から構成される。研究代表者はすでにリヨン、オックスフォード、オスロ、ウィーン、ロンドン、パリの研究者らと強固な研究ネットワークを形成しており、本研究は研究ネットワークをさらに拡大、発展させることも目的とする。

Outline of Final Research Achievements

In this study, we conducted theoretical and empirical research on household and corporate behavior using macro-dynamic methods. We engaged in international collaboration, primarily in Europe, and completed papers on five themes: A) "Heterogenous Households and Macroeconomic Dynamics," B) "Monetary Policy and Heterogenous Firms," C) "Financial Friction and Heterogeneous Firms," D) "Trade Cost Shock and Dynamics of exported varieties and qualities" and E) "Natural disaster and Regional Interdependence". This international joint research has also expanded and developed our research network, enabling us to tackle new research challenges.

Academic Significance and Societal Importance of the Research Achievements

研究成果の学術的、社会的意義は、企業の異質性や家計の異質性が、他のマクロ諸変数とどのようにかかわるかを構造的に明らかにしたことである。金融政策の波及または、関税政策の効果において、企業の異質性が果たす役割や、人口動態について、家計の異質性が果たす役割などがあげられるであろう。

Report

(5 results)
  • 2023 Annual Research Report   Final Research Report ( PDF )
  • 2022 Research-status Report
  • 2021 Research-status Report
  • 2020 Research-status Report
  • Research Products

    (24 results)

All 2023 2022 2021 Other

All Int'l Joint Research (6 results) Journal Article (2 results) (of which Int'l Joint Research: 2 results,  Peer Reviewed: 2 results,  Open Access: 2 results) Presentation (12 results) (of which Int'l Joint Research: 11 results) Remarks (2 results) Funded Workshop (2 results)

  • [Int'l Joint Research] ウェブスター・ウィーン私立大学(オーストリア)2022

    • Year and Date
      2022-08-01
    • Related Report
      2023 Annual Research Report
  • [Int'l Joint Research] ニューキャッスル大学(英国)2022

    • Year and Date
      2022-05-01
    • Related Report
      2023 Annual Research Report
  • [Int'l Joint Research] オックスフォード大学(英国)2022

    • Year and Date
      2022-03-01
    • Related Report
      2023 Annual Research Report
  • [Int'l Joint Research] ノルウェー銀行(ノルウェー)2021

    • Year and Date
      2021-10-01
    • Related Report
      2023 Annual Research Report
  • [Int'l Joint Research] リヨン大学(フランス)2021

    • Year and Date
      2021-07-01
    • Related Report
      2023 Annual Research Report
  • [Int'l Joint Research] フランス銀行(フランス)2021

    • Year and Date
      2021-04-10
    • Related Report
      2023 Annual Research Report
  • [Journal Article] Monetary Policy, Firm Heterogeneity, and Product Variety2022

    • Author(s)
      Masashige Hamano and Francesco Zanetti
    • Journal Title

      European Economic Review

      Volume: Volume 144 Pages: 104089-104089

    • DOI

      10.1016/j.euroecorev.2022.104089

    • Related Report
      2022 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Journal Article] Economic consequences of follow-up disasters: lessons from the 2011 Great East Japan Earthquake2021

    • Author(s)
      Anastasios Evgenidis, Masashige Hamano Wessel N.Vermeulen
    • Journal Title

      Energy Economics

      Volume: Volume 104, Pages: 105559-105559

    • DOI

      10.1016/j.eneco.2021.105559

    • Related Report
      2021 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research
  • [Presentation] Search frictions in good markets and CPI inflation2023

    • Author(s)
      Kongphop Wongkaew
    • Organizer
      Credit Market Tightness and the Share of Zombie Firms: Theory and Evidence from Japan
    • Related Report
      2023 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Credit Market Tightness and the Share of Zombie Firms: Theory and Evidence from Japan2023

    • Author(s)
      Philip Schnattinger
    • Organizer
      Workshop on "Financial and Economic Developments: New Challenges and Policy Solutions
    • Related Report
      2023 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Product Dynamics and Macroeconomic Shocks: Insights from a DSGE model and Japanese data2023

    • Author(s)
      Masashige Hamano
    • Organizer
      The 25th Macro Conference
    • Related Report
      2023 Annual Research Report
  • [Presentation] Exchange Rate Policy and Firm Heterogeneity2023

    • Author(s)
      Masashige Hamano
    • Organizer
      The 4 TWID International Finance Conference
    • Related Report
      2023 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Aging, Fertility and Macroeconomic Dynamics2023

    • Author(s)
      Masashige Hamano
    • Organizer
      DEM Workshop on Ageing, Culture and Comparative Development
    • Related Report
      2023 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Monetary Policy Shock, Financial Frictions and Heterogeneous Firms2023

    • Author(s)
      Masashige Hamano
    • Organizer
      1st RISE Workshop
    • Related Report
      2023 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Multi-Product Establishments and Product Dynamics2022

    • Author(s)
      Masashige Hamano
    • Organizer
      EEA-ESEM 2022
    • Related Report
      2022 Research-status Report
    • Int'l Joint Research
  • [Presentation] Credit Market Tightness and the Zombie Firm Share2022

    • Author(s)
      Philip Schnattinger
    • Organizer
      The 2022 CEBRA Annual Meeting
    • Related Report
      2022 Research-status Report
    • Int'l Joint Research
  • [Presentation] Credit Market Tightness and the Zombie Firm Share2022

    • Author(s)
      Masashige Hamano
    • Organizer
      2022 Annual Meeting of the Austrian Economic Association (NOeG)
    • Related Report
      2022 Research-status Report
    • Int'l Joint Research
  • [Presentation] Optimal Monetary Policy, Tariff Shokcs and Exporter Dynamics2022

    • Author(s)
      Masashige Hamano
    • Organizer
      KIEA (Korea International Economic Association) winter conference
    • Related Report
      2022 Research-status Report
    • Int'l Joint Research
  • [Presentation] Multi-Product Establishments and Product Dynamics2021

    • Author(s)
      Masashige Hamano
    • Organizer
      Econometric Society Asian meeting in Malaysia
    • Related Report
      2021 Research-status Report
    • Int'l Joint Research
  • [Presentation] Multi-Product Establishments and Product Dynamics2021

    • Author(s)
      Masashige Hamano
    • Organizer
      Econometric Society African meeting in South Africa
    • Related Report
      2021 Research-status Report
    • Int'l Joint Research
  • [Remarks] ホームページ

    • URL

      https://masashige-hamano.webnode.jp/

    • Related Report
      2023 Annual Research Report 2022 Research-status Report
  • [Remarks]

    • URL

      https://masashige-hamano.webnode.jp/

    • Related Report
      2020 Research-status Report
  • [Funded Workshop] 1st RISE Workshop2023

    • Related Report
      2023 Annual Research Report
  • [Funded Workshop] Workshop on "Financial and Economic Developments: New Challenges and Policy Solutions2023

    • Related Report
      2023 Annual Research Report

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Published: 2020-02-06   Modified: 2025-01-30  

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