A study on the financialization of the contemporary economy from the perspective of the theory of endogenous money supply
| Project/Area Number |
22530194
|
|---|
| Research Category |
Grant-in-Aid for Scientific Research (C)
|
| Allocation Type | Single-year Grants |
|---|
| Section | 一般 |
|---|
| Research Field |
Economic doctrine/Economic thought
|
|---|
| Research Institution | Hitotsubashi University |
|---|
Principal Investigator |
ISHIKURA Masao 一橋大学, 大学院・経済学研究科, 教授 (80222983)
|
|---|
| Co-Investigator(Kenkyū-buntansha) |
NAITO Atsushi 大月短期大学, 経済科, 准教授 (40461868)
OGURA Shoshiro 静岡大学, 人文社会科学部, 准教授 (90515404)
|
|---|
| Project Period (FY) |
2010 – 2012
|
| Project Status |
Completed (Fiscal Year 2012)
|
| Budget Amount *help |
¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000)
Fiscal Year 2012: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2011: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2010: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
|
|---|
| Keywords | 資金循環 / 所得分配 / 証券化 / 金融規制 / 金融政策 |
|---|
| Research Abstract |
This study theoretically and empirically examined what the“financialization” (often considered as increasing impacts of the financial sector’sactivities on both domestic and international economies) implied for the contemporaryeconomy by extending the Post-Keynesian theory of endogenous money supply to incorporatethe recent evolution of financial systems, particularly the securitization of loan claims.The results of this study showed that the evolution of financialization would tend tomake the macro economy more vulnerable to financial instability.
|
Report
(4 results)
Research Products
(52 results)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
[Presentation] Securitization of Loan Assets and the Macroeconomy2010
Author(s)
石倉雅男
Organizer
The 14th Conference of the Research Network"Stabilizing an unequal economy Public debt, financial regulation, and income distribution"organized by Hans-BtSckler-Stiftung, Institut fur MakrotSkonomie and Konjunkturforschung
Place of Presentation
ベルリン(ドイツ)
Year and Date
2010-10-30
Related Report
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
