| Budget Amount *help |
¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000)
Fiscal Year 2017: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2016: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2015: ¥260,000 (Direct Cost: ¥200,000、Indirect Cost: ¥60,000)
Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
|
|---|
| Outline of Final Research Achievements |
First, I construct a two country model where bank runs and sovereign debt crises occur simultaneously. I explore the condition in which a contagion occurs and examine when a bailout of another country improves overall welfare. Second, I analyze the financial contagion between a banking sector and a financial market and explore the disciplining effect of demand deposit. Furthermore, I analyze how the precision of information affects these crises. These studies were presented at the conferences such as 2017 Royal Economic Society Annual Conference.
|
