2017 Fiscal Year Annual Research Report
Quantitative Easing, Financial Markets, and Inflationary Dynamics
| Project/Area Number |
17H02532
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| Research Institution | Research Institute of Economy, Trade and Industry |
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Principal Investigator |
Willem Thorbecke 独立行政法人経済産業研究所, 研究グループ, 上席研究員 (70419018)
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| Project Period (FY) |
2017-04-01 – 2020-03-31
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| Keywords | 国際経済学 |
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| Outline of Annual Research Achievements |
I wrote the paper entitled "The Effect of the Fed’s Large-Scale Asset Purchases on Inflationary Expectations." This has appeared as a RIETI Discussion Paper (17-E-097). This has also been accepted for publication at the refereed journal called the Southern Economic Journal. I presented this paper at several academic conferences. To understand the effect of countries like China on inflation dynamics, I have also investigated price elasticities of exports and imports. I wrote one RIETI Discussion Paper on this topic (18-E-005). I have also been researching the electronics industry, where U.S. import prices keep falling rapidly.
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| Current Status of Research Progress |
Current Status of Research Progress
2: Research has progressed on the whole more than it was originally planned.
Reason
The current status is fine. The research has been well received by the academic community.
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| Strategy for Future Research Activity |
I plan to keep working on understanding inflationary dynamics and international trade. Inflation in the U.S. is starting to rise, which will give us new data points to examine. I hope to also learn about the evolution of inflationary dynamics in other countries.
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Research Products
(8 results)
