Role of Financial intermediation and monetary policy in order to urge innovation of firms

• Project/Area Number: 21730262
• Research Category: Grant-in-Aid for Young Scientists (B)
• Allocation Type: Single-year Grants
• Research Field: Public finance/Monetary economics
• Research Institution: Nihon University
• Principal Investigator: TOYOFUKU Kenta 日本大学, 経済学部, 准教授 (60401717)
• Project Period (FY): 2009 – 2012
• Project Status: Completed (Fiscal Year 2012)
• Budget Amount: ¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000); Fiscal Year 2012: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000); Fiscal Year 2011: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000); Fiscal Year 2010: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000); Fiscal Year 2009: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
• Keywords: ミクロ経済 / モラルハザード / 金融論 / 協調の失敗 / global game / 法と経済学 / グローバル・ゲーム / 金融政策 / 新規産業

Research Abstract

This research investigates the role of financial intermediation and monetary policy in order to enhance innovation of firms. I especially focus on the role of coordination among creditors and show that absolute priority rule violation or capital injections to large debt holders may be justified.

Research Products

• [Journal Article] The impact of bank health on coordintion among creditors. (2013)
  • Author(s): Kenta Toyofuku
  • Journal Title: Theoretical economic letters Volume: 3(2) Pages: 108-118
  • Peer Reviewed
• [Journal Article] The impact of bank health on coordination among creditors (2013)
  • Author(s): Kenta Toyofuku
  • Journal Title: Theoretical economic letters Volume: -
  • Peer Reviewed
• [Journal Article] Ex ante efficiency of structured bargaining structure under coordination failure among creditors. (2012)
  • Author(s): Kenta Toyofuku
  • Journal Title: Corporate ownership and control Volume: 9(3) Pages: 394-406
  • Peer Reviewed
• [Journal Article] Ex ante efficiency of structured bargaining procedures under coordination failure among creditors (2012)
  • Author(s): Kenta Toyofuku
  • Journal Title: Corporate ownership and control Volume: ９ Pages: 394-406
  • Peer Reviewed
• [Journal Article] 債権者間の協調の失敗とクレジット・ランに関する理論的構造 (2010)
  • Author(s): 豊福建太
  • Journal Title: 日本大学経済学部経済科学研究所『紀要』 40 Pages: 81-92
• [Journal Article] 債権者間の協調の失敗とクレジット・ランに関する理論的構造
  • Author(s): 豊福建太
  • Journal Title: 経済科学研究所紀要 Volume: 40 Pages: 81-92
• [Journal Article] Large traderの健全性が通貨危機に与える影響
  • Author(s): 豊福建太
  • Journal Title: 経済科学研究所紀要 Volume: 43 Pages: 121-130
• [Presentation] Ex ante efficiency of structured bargaining proceduresunder coordination failure among creditors (2012)
  • Author(s): Kenta Toyofuku
  • Organizer: International competition in banking: theory and practice
  • Place of Presentation: Sumy, Ukrine
• [Presentation] The impact of bank health on coordination among creditors (2012)
  • Author(s): Kenta Toyofuku
  • Organizer: 日本経済学会
  • Place of Presentation: 北海道大学
• [Presentation] The impact of bank health on coordination among creditors (2012)
  • Author(s): Kenta Toyofuku
  • Organizer: The 7th biennial conference of the hong kong economic association
  • Place of Presentation: Hong Kong
• [Presentation] Ex ante efficiency of structured bargaining procedure under-coordination failure among creditors (2010)
  • Author(s): 豊福建太
  • Organizer: 日本経済学会
  • Place of Presentation: 関西学院大学
  • Year and Date: 2010-09-19
• [Presentation] The role of absolute priority rule violations under coordination failure among creditors. (2010)
  • Author(s): Kenta Toyofuku
  • Organizer: 日本経済学会
  • Place of Presentation: 関西学院大学
• [Presentation] Ex ante efficiency of structured bargaining procedures under coordination failure among creditors
  • Author(s): Kenta Toyofuku
  • Organizer: International competition in banking: theory and practice
  • Place of Presentation: ウクライナ スーミー
• [Presentation] The impact of bank health on coordination among creditors
  • Author(s): Kenta Toyofuku
  • Organizer: The 7th biennial conference of the hong kong economic association
  • Place of Presentation: 香港