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Construction of mid-term macrodynamic model and its application to economic policies

Research Project

Project/Area Number 25380238
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic theory
Research InstitutionChuo University

Principal Investigator

Toichiro Asada  中央大学, 経済学部, 教授 (20151029)

Co-Investigator(Kenkyū-buntansha) 高橋 青天  明治学院大学, 経済学部, 教授 (10206831)
松本 昭夫  中央大学, 経済学部, 教授 (50149473)
Research Collaborator SZIDAROVSKY Ferenc  University of Arizona, Professor Emeritus
ZIMKA Rudolf  Matej Bel University, Faculty of Economics, Professor
OUCHI Masahiro  日本大学, 経済学部, 准教授
Project Period (FY) 2013-04-01 – 2017-03-31
Project Status Completed (Fiscal Year 2016)
Budget Amount *help
¥4,680,000 (Direct Cost: ¥3,600,000、Indirect Cost: ¥1,080,000)
Fiscal Year 2015: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2014: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2013: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Keywords中期マクロ経済動学モデル / 財政金融政策 / 政策ラグ / 遅れ微分方程式 / 数学的解析 / 数値シミュレーション / マクロ安定化政策 / 高次元非線形ケインジアン動学モデル / デフレ不況 / インフレターゲット / ケインズモデル / ホッフ分岐 / 所得格差拡大 / タイム・ラグ / ケインジアン・マクロ動学 / 高次元非線形動学モデル / マクロ経済動学 / 遅延微分方程式 / マクロ動学
Outline of Final Research Achievements

In this research project, we studied the intermediate-run (between 10 and 20 ywars) macroeconomic phenomena, which is distinguised from short-run economic fluctuations and long-run economic growth, both theoretically and empirically in reference to the Japan's 'lost twenty years'(the 1990s and the 2000s) . We constructed the high-dimensional nonlinear Keynesian dynamic models, which can analyze the effects of macroeconomic stabilization policies by means of monetary and fiscal policies. We also studied the macroeconomic effects of policy lag by means of delay differential equations. We published 39 academic papers, most of which were published in English in refereed journals and refereed books.

Report

(5 results)
  • 2016 Annual Research Report   Final Research Report ( PDF )
  • 2015 Research-status Report
  • 2014 Research-status Report
  • 2013 Research-status Report
  • Research Products

    (28 results)

All 2017 2016 2015 2014 2013 Other

All Journal Article (18 results) (of which Int'l Joint Research: 3 results,  Acknowledgement Compliant: 13 results,  Peer Reviewed: 11 results,  Open Access: 9 results) Presentation (5 results) (of which Int'l Joint Research: 2 results,  Invited: 2 results) Book (4 results) Funded Workshop (1 results)

  • [Journal Article] 不等式r>gは格差の必要条件でも十分条件でもない:ピケティ命題の批判的検討2017

    • Author(s)
      浅田統一郎
    • Journal Title

      経済学論纂

      Volume: 57 Pages: 101-130

    • Related Report
      2016 Annual Research Report
    • Acknowledgement Compliant
  • [Journal Article] Delay dynamics in a classical IS-LM model with taxiation2016

    • Author(s)
      Akio Matsumoto, Ferenc Szidarovszky
    • Journal Title

      Metroeconomics

      Volume: 67 Issue: 4 Pages: 667-697

    • DOI

      10.1111/meca.12128

    • Related Report
      2016 Annual Research Report
    • Peer Reviewed / Int'l Joint Research / Acknowledgement Compliant
  • [Journal Article] 変動相場制下の2国マンデル・フレミング・モデルにおける財政金融政策の効果:不完全資本移動の場合2016

    • Author(s)
      浅田統一郎
    • Journal Title

      中央大学経済研究所編「日本経済の再生と新たな国際関係」

      Volume: 巻なし Pages: 187-215

    • Related Report
      2015 Research-status Report
    • Acknowledgement Compliant
  • [Journal Article] Nonlinear Cournot Duopoly with Implementation Delays2015

    • Author(s)
      Akio Matsumoto and Ferenc Szidarovszky
    • Journal Title

      Chaos, Solitons and Fractals

      Volume: 79 Pages: 157-165

    • Related Report
      2015 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research / Acknowledgement Compliant
  • [Journal Article] Nonlinear Multiplier-Accelerator Model with Investment and Consumption Delays2015

    • Author(s)
      Akio Matsumoto and Ferenc Szidarovszky
    • Journal Title

      Structural Change and Economic Dynamics

      Volume: 33 Pages: 1-9

    • Related Report
      2015 Research-status Report
    • Peer Reviewed / Open Access / Int'l Joint Research / Acknowledgement Compliant
  • [Journal Article] Mathematical Formalization of Macroeconomic Stabilization Policy in a High-dimansional Dynamic Keynesian Model with Public Debt Accumulation2015

    • Author(s)
      Toichiro Asada and Masahiro Ouchi
    • Journal Title

      Acta Mathematica Universitasis Comenianae

      Volume: 82-2 Pages: 229-242

    • Related Report
      2015 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Journal Article] 名目利子率の非負制約と金融政策の動学理論:ニューケインジアン対オールドケインジアン2015

    • Author(s)
      浅田統一郎
    • Journal Title

      中央大学経済研究所年報

      Volume: 46 Pages: 591-634

    • NAID

      120006639112

    • Related Report
      2015 Research-status Report
    • Open Access / Acknowledgement Compliant
  • [Journal Article] カルドア・カレツキモデルの短期動学分析2015

    • Author(s)
      浅田統一郎・松本昭夫
    • Journal Title

      経済学論纂(中央大学)

      Volume: 55 Pages: 49-65

    • Related Report
      2014 Research-status Report
    • Open Access / Acknowledgement Compliant
  • [Journal Article] Mathematical Modelling of Financial Instability and Macroeconomic Stabilization Policies2014

    • Author(s)
      Toichiro Asada (浅田統一郎)
    • Journal Title

      R. Dieci, X. Z. He and C. Hommes (eds.) "Nonlinear Economic Dynamics and Financial Modelling", Springer, Switzerland

      Volume: - Pages: 41-63

    • Related Report
      2014 Research-status Report
    • Peer Reviewed / Acknowledgement Compliant
  • [Journal Article] 金融政策とタイム・ラグ:動学的ケインズモデルによる分析2014

    • Author(s)
      浅田統一郎・松本昭夫
    • Journal Title

      中央大学経済研究所年報

      Volume: 55 Pages: 45-143

    • NAID

      120006638488

    • Related Report
      2014 Research-status Report
    • Open Access / Acknowledgement Compliant
  • [Journal Article] Complex Dynamics of Monopolies with Gradient Adjustment2014

    • Author(s)
      Akio Matsumoto (松本昭夫), Ferenc Szidarovsky
    • Journal Title

      Economic Modelling

      Volume: 42 Pages: 220-229

    • Related Report
      2014 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Journal Article] Dynamic Monopoly with Demand Delay2014

    • Author(s)
      Akio Matsumoto (松本昭夫), Ferenc Szidarovsky
    • Journal Title

      Theoretical Economic Letters

      Volume: 3 Pages: 146-154

    • Related Report
      2014 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Journal Article] Discrete Time Delay Dynamics of Bounded Rational Monopoly2014

    • Author(s)
      Akio Matsumoto (松本昭夫), Ferenc Szidarovsky
    • Journal Title

      Decisions in Economics and Finance

      Volume: 37 Pages: 53-79

    • Related Report
      2014 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Journal Article] Japanese Contributions to Dynamic Economic Theories from the 1940s to the 2000s : A Historical Survey2014

    • Author(s)
      Toichiro Asada
    • Journal Title

      T. Asada (ed.) "The Development of Economics in Japan : From the Inter-war Period to the 2000s"(Routledge, London)

      Volume: なし Pages: 61-89

    • Related Report
      2013 Research-status Report
    • Peer Reviewed
  • [Journal Article] Macrodynamics of Deflationary Depression : A Japanese Perspective2014

    • Author(s)
      Toichiro Asada
    • Journal Title

      T. Asada (ed.) "The Development of Economics in Japan : From the Inter-war Period to the 2000s" 'Routledge, London)

      Volume: なし Pages: 155-206

    • Related Report
      2013 Research-status Report
    • Peer Reviewed
  • [Journal Article] An Analytical Critique of New Keynesian Dynamic Model2013

    • Author(s)
      Toichiro Asada
    • Journal Title

      Post Keynesian Review

      Volume: 2 Pages: 1-28

    • Related Report
      2013 Research-status Report
    • Peer Reviewed
  • [Journal Article] 財政金融ポリシー・ミックスによるマクロ安定化政策について:数学的考察2013

    • Author(s)
      浅田統一郎
    • Journal Title

      中央大学経済研究所年報

      Volume: 44 Pages: 495-513

    • Related Report
      2013 Research-status Report
  • [Journal Article] アベノミクスと財政問題2013

    • Author(s)
      浅田統一郎
    • Journal Title

      景気とサイクル

      Volume: 56 Pages: 55-67

    • NAID

      40019857053

    • Related Report
      2013 Research-status Report
  • [Presentation] 変動相場制下の2国マンデル・フレミング・モデルにおける財政金融政策の効果:不完全資本移動の場合2015

    • Author(s)
      浅田統一郎
    • Organizer
      ケインズ学会
    • Place of Presentation
      立正大学
    • Year and Date
      2015-11-28
    • Related Report
      2015 Research-status Report
  • [Presentation] The Stability of Normal Equilibrium Point and the Existence of Limit Cycles in a Simple Keynesian Macrodynamic Model of Monetary Policy2015

    • Author(s)
      Toichiro Asada, Michal Demetrian and Rudolf Zimka
    • Organizer
      NED2015(9th International Conference on Nonlinear Economic Dynamics)
    • Place of Presentation
      中央大学多摩校舎
    • Year and Date
      2015-06-27
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] Learning Monopolies with Delayed Price Information2015

    • Author(s)
      Akio Matsumoto and Ferenc Szidarovszky
    • Organizer
      NED2015(The 9th International Conference on Nonlinear Economic Dynamics)
    • Place of Presentation
      中央大学多摩校舎
    • Year and Date
      2015-06-26
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] Mathematical Modeling of Financial Instability and Macroeconomic Stabilization Policies2014

    • Author(s)
      Toichiro Asada (浅田統一郎)
    • Organizer
      18th International Conference on Mathematical Methods in Economy and Industry
    • Place of Presentation
      Smolenice, Slovakia
    • Year and Date
      2014-09-14
    • Related Report
      2014 Research-status Report
    • Invited
  • [Presentation] アベノミクスと財政問題

    • Author(s)
      浅田統一郎
    • Organizer
      景気循環学会
    • Place of Presentation
      日本記者クラブ会議室
    • Related Report
      2013 Research-status Report
    • Invited
  • [Book] Essays in economic dynamics: theory, simulation analysis and methodological study2016

    • Author(s)
      Akio Matsumoto Ferenc Szidarovszky
    • Total Pages
      258
    • Publisher
      Springer
    • Related Report
      2016 Annual Research Report
  • [Book] Essays in economic dynamics (The stability of nomal equilibrium point and the existence of limit cycles in a simple Keynesian macrodynamic model of monetary policy)2016

    • Author(s)
      Toichiro Asada, Michal Demetrian, Rufolf Zimka
    • Total Pages
      258
    • Publisher
      Springer
    • Related Report
      2016 Annual Research Report
  • [Book] Game Theory and Its Applications2015

    • Author(s)
      Akio Matsumoto and Ferenc Szidarovszky
    • Total Pages
      268
    • Publisher
      Springer
    • Related Report
      2015 Research-status Report
  • [Book] The Development of Economics in Japan : From the Inter-war Period to the 2000s2014

    • Author(s)
      Toichiro Asada (Editor)
    • Total Pages
      212
    • Publisher
      Routledge, London
    • Related Report
      2013 Research-status Report
  • [Funded Workshop] NED2015(The 9th International Conference on Nonlinear Economic Dynamics)2015

    • Place of Presentation
      中央大学多摩校舎
    • Year and Date
      2015-06-26
    • Related Report
      2015 Research-status Report

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Published: 2014-07-25   Modified: 2019-07-29  

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