Theoretical, Empirical and Policy Studies on the Global Financial Crisis: Endogenous Growth Theory,PANIC,Mechanism Design

• Project/Area Number: 23530367
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Public finance/Monetary economics
• Research Institution: Hosei University (2012-2013); Osaka University (2011)
• Principal Investigator: MIYAKOSHI Tatsuyoshi 法政大学, 理工学部, 教授 (60166139)
• Project Period (FY): 2011 – 2013
• Project Status: Completed (Fiscal Year 2013)
• Budget Amount: ¥5,070,000 (Direct Cost: ¥3,900,000、Indirect Cost: ¥1,170,000); Fiscal Year 2013: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000); Fiscal Year 2012: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000); Fiscal Year 2011: ¥2,080,000 (Direct Cost: ¥1,600,000、Indirect Cost: ¥480,000)
• Keywords: 世界金融危機 / 内生的成長理論 / PANIC / メカニズムデザイン / 理論研究 / 実証研究 / 政策研究 / 金融危機 / 国際公共財 / 国際格付機関 / IMF / 株価バブル / 世界金融危機のリスク伝染経路

Research Abstract

The results of this project have provided an endogenous growth model with the financial sector, a partial process of crisis contagion by using the PANIC method, and some policies on the global crisis by using the Mechanism Designs.

Research Products

• [Journal Article] Rational Expectation Bubbles: Evidence from Hong Kong’s Sub-Indices (2015)
  • Author(s): Miyakoshi,T., Li, K-W. and Shimada,J.
  • Journal Title: Applied Economics Volume: 47 Pages: 1-12
  • Peer Reviewed
• [Journal Article] Rational Expectation Bubbles : Evidence from Hong Kong's Sub-Indices (2014)
  • Author(s): Miyakoshi,T. Li,K-W.,and Simada,J
  • Journal Title: Applied Economics Volume: Vol.46 Pages: 2429-2440
  • Peer Reviewed
• [Journal Article] Who are the members of the international club ? (2014)
  • Author(s): Miyakoshi,T.and Suzuki,K
  • Journal Title: Applied Economics Volume: Vol.46 Pages: 1582-1585
  • Peer Reviewed
• [Journal Article] Who are the members of the international club ? (2014)
  • Author(s): Miyakoshi,T. and Suzuki,K.
  • Journal Title: Applied Economics Volume: 46 Pages: 1582-1585
  • Peer Reviewed
• [Journal Article] A Survey on the Global Financial Crisis and the Japanese Economy (2013)
  • Author(s): Miyakoshi,T
  • Journal Title: 研究年報経済学(東北大学経済学会) Volume: Vol.73 Pages: 121-138
• [Journal Article] What Are the Drivers of TFP in the Aging Economy? Aging Labor and ICT Capital (2013)
  • Author(s): Ilmakunnas,P., and Miyakoshi,T
  • Journal Title: Journal of Comparative Economics Volume: Vol.41 Pages: 201-211
  • Peer Reviewed
• [Journal Article] What Are the Drivers of TFP in the Aging Economy? Aging Labor and ICT Capital (2013)
  • Author(s): Ilmakunnas,P., Miyakoshi,T.
  • Journal Title: Journal of Comparative Economics Volume: 41 Pages: 201-2011
  • Peer Reviewed
• [Journal Article] An Empirical Analysis of Japanese Interest Rate Swap Spread (2012)
  • Author(s): Shimada,J, Takahashi,T, Miyakoshi,T. and Tsukuda,Y
  • Journal Title: In'Recent Advances in Financial Engineering 2011 Pages: 111-131
  • Peer Reviewed
• [Journal Article] The Impacts of the IMF-Supported Structural Reform Program on Asian Stock Market Efficiency (2012)
  • Author(s): Miyakoshi,T.,Tsukuda,Y.and Shimada,J
  • Journal Title: Singapore Economic Review Volume: Vol.57,No.4
  • Peer Reviewed
• [Journal Article] An Empirical Analysis of Japanese Interest Rate Swap Spread (2012)
  • Author(s): Shimada,J., Takahashi,T., Miyakoshi,T., Tsukuda,Y.
  • Journal Title: Recent Advances in Financial Engineering 2011 Volume: 1 Pages: 111-131
  • Peer Reviewed
• [Journal Article] The Impacts of the IMF-Supported Structural Reform Program on Asian Stock Market Efficiency (2012)
  • Author(s): Miyakoshi T
  • Journal Title: Singapore Economic Review Volume: Vol.57
  • Peer Reviewed
• [Journal Article] A Survey on the Global Financial Crisis and the Japanese Economy (2012)
  • Author(s): Miyakoshi T.
  • Journal Title: 研究年報「経済学」 Volume: Vol.73
• [Journal Article] The Existence and Uniqueness of Equilibrium in the International Public Good Model (2011)
  • Author(s): Miyakoshi,T.and Suzuki,K.
  • Journal Title: Applied Economics Letters Volume: Vol.18 Pages: 1751-1754
  • Peer Reviewed
• [Journal Article] サブプライムローン問題の日本経済への影響:日本を襲った2つの金融危機 (2011)
  • Author(s): 宮越・高橋・島田・佃
  • Journal Title: 金融危機とマクロ経済 Pages: 27-49
• [Presentation] ODA and public good for input : Indochinese Peninsula (2014)
  • Author(s): Miyakoshi, T
  • Organizer: 53rd annual Western Regional Science Association Meeting
  • Place of Presentation: San Diego, USA
• [Presentation] ODA and public good for input: Indochinese Peninsula (2014)
  • Author(s): Miyakoshi,T.
  • Organizer: Western Regional Science Association
  • Place of Presentation: San Diego, USA
• [Presentation] Indochinese Peninsula (2013)
  • Author(s): Miyakoshi,T
  • Organizer: 日本応用地域学会
  • Place of Presentation: 京都
• [Presentation] Asian Bond Market Development (2013)
  • Author(s): Tsukuda, Y., Shimada,J. Miyakoshi,T
  • Organizer: Singapore Economic Review Conference
  • Place of Presentation: Singapore
• [Presentation] Existence, Uniqueness and Algorithm for Identifying Free-Riders in Multiple Public Good Games (2013)
  • Author(s): Suzuki,K., Miyakoshi,T. and Itaya,J
  • Organizer: 2013Asian Meeting of Econometric Society
  • Place of Presentation: Singapore
• [Presentation] Asian Bond Market Development (2013)
  • Author(s): Tsukuda, Y., Shimada,J. Miyakoshi,T
  • Organizer: The 13th Science Council of Asia Conference
  • Place of Presentation: Bangkok,Thailand
• [Presentation] Asian Stock Prices Bubble (2013)
  • Author(s): Miyakoshi, T. Li,K-W.and Shimada,J
  • Organizer: Pacific Rim Economic Conference
  • Place of Presentation: Tokyo
• [Presentation] Existence, Uniqueness and Algorithm for Identifying Free-Riders in Multiple Public Good Games (2013)
  • Author(s): Suzuki,K., Miyakoshi,T. and Itaya,J.
  • Organizer: Asian Meeting of Econometric Society
  • Place of Presentation: Singapore
• [Presentation] Asian Bond Market Development (2013)
  • Author(s): Tsukuda, Y., Shimada,J. and Miyakoshi,T.
  • Organizer: 日本国際経済学会
  • Place of Presentation: 横浜国立大学(神奈川県横浜市保土ケ谷区)
• [Presentation] Indochinese Peninsula (2013)
  • Author(s): Miyakoshi,T.
  • Organizer: 日本応用地域学会
  • Place of Presentation: 京都大学(京都府京都市左京区)
• [Presentation] 2007 Hong Kong Stock Prices Bubble (2013)
  • Author(s): Miyakoshi T., Li,K-W. , Shimada,J
  • Organizer: Pacific Rim Economic Conference
  • Place of Presentation: Tokyo, Japan
• [Presentation] 公共財モデルにおける均衡の存在と一意性 (2012)
  • Author(s): 鈴木・宮越
  • Organizer: 日本国際経済学会春季大会
  • Place of Presentation: 名古屋
  • Year and Date: 2012-05-26
• [Presentation] Who are colleagues in forming territory ? (2012)
  • Author(s): Miyakoshi, T. and Suzuki,K.
  • Organizer: 日本応用地域学会
  • Place of Presentation: 青森
• [Presentation] Asian Stock Prices Bubble (2012)
  • Author(s): Miyakoshi,T., Li,K-W.and Shimada,J
  • Organizer: East Asian Economic Association Conference
  • Place of Presentation: Singapore
• [Presentation] A Pragmatic Response on International Monetary Fund Quota and Credit limit is favorable? (2012)
  • Author(s): Miyakoshi,T
  • Organizer: Asia Pacific Economic Conference
  • Place of Presentation: Singapore
• [Presentation] The Equilibrium Existence and Uniqueness in International Public Two-Good Model (2012)
  • Author(s): Suzuki,K.and Miyakoshi,T
  • Organizer: 日本経済学会春季大会
  • Place of Presentation: 札幌
• [Presentation] The Equilibrium Existence and Uniqueness in International Public Two-Good Model (2012)
  • Author(s): 宮越龍義、鈴木賢一
  • Organizer: 日本経済学会
  • Place of Presentation: 札幌・北海道大学(北海道)
• [Presentation] Is the Pragmatic Response to International Monetary Fund Quotas and Credit Limits Favorable?, (2012)
  • Author(s): Miyakoshi, T.
  • Organizer: Asian-Pacific Economic Association Conference
  • Place of Presentation: Singapore
• [Presentation] 2007 Hong Kong Stock Prices Bubble (2012)
  • Author(s): Miyakoshi T., Li,K-W. , Shimada,J
  • Organizer: East Asian Economic Association Conference
  • Place of Presentation: Singapore
• [Presentation] Numerical Analysis of Noncontributors and Contributors with International Public Good : Post-Kyoto Protocol and ODA Policy (2011)
  • Author(s): Miyakoshi,T.and Suzuki,K
  • Organizer: 日本国際経済学会春季大会
  • Place of Presentation: 京都
  • Year and Date: 2011-06-11
• [Presentation] Numerical Analysis of Noncontributors and Contributors with International Public Good : Post-Kyoto Protocol and ODA Policy (2011)
  • Author(s): Miyakoshi,T.and Suzuki,K
  • Organizer: Singapore Economic Review Conference
  • Place of Presentation: Singapore
• [Presentation] Japanese Interest Rate Swap Pricing (2011)
  • Author(s): S himada,J., Takahashi,T., Miyakoshi,T and Tsukuda,Y
  • Organizer: International Workshop on Finance 2011
  • Place of Presentation: Kyoto
• [Presentation] Size of Market Inefficiency : Trading System and Price Bubble (2011)
  • Author(s): Miyakoshi,T.,Tsukuda,Y.and Shimada,J.
  • Organizer: 日本経済学会春季大会
  • Place of Presentation: 熊本
• [Presentation] Size of Market Inefficiency:Trading System and Price Bubble (2011)
  • Author(s): Miyakoshi T.
  • Organizer: 日本経済学会
  • Place of Presentation: 熊本学園大学(熊本県）
• [Presentation] Size of Market Inefficiency:Trading System and Price Bubble (2011)
  • Author(s): Miyakoshi T.
  • Organizer: International Economic Association
  • Place of Presentation: Singhua University （China)
• [Presentation] NUMERICAL ANALYSIS OF NONCONTRIBUTORS AND CONTRIBUTORS WITH INTERNATIONAL PUBLIC GOOD: POST-KYOTO PROTOCOL AND ODA POLICY (2011)
  • Author(s): Miyakoshi T
  • Organizer: Singapore Economic Review Conference
  • Place of Presentation: Mandarin Orchard Hotel (Singapore)
• [Presentation] 2公共財モデルにおける均衡の存在と一意性
  • Author(s): 宮越龍義、鈴木賢一
  • Organizer: 日本国際経済学会
  • Place of Presentation: 名古屋・南山大学(愛知県)