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2021 Fiscal Year Annual Research Report

UnconventionalMonetaryPolicyattheInterestRateLowerBound

Research Project

Project/Area Number 19K24682
Research InstitutionThe University of Tokyo

Principal Investigator

仲田 泰祐  東京大学, 大学院経済学研究科(経済学部), 准教授 (40867785)

Co-Investigator(Kenkyū-buntansha) 砂川 武貴  一橋大学, 大学院経済学研究科, 講師 (10747223)
Project Period (FY) 2020-04-01 – 2022-03-31
Keywords金融政策 / マクロ経済 / ゼロ金利 / 中央銀行 / 最適政策
Outline of Annual Research Achievements

Since the end of 2020, I have shifted my research focus from monetary policy to COVID-19 research and policy analysis, using a variety of approaches one of which is described in Fujii and Nakata (2021).
Building a team of about 20 research assistants, I have worked on a wide range of topics related to COVID-19 from infection prediction to suicides. Most of the analyses were originally written in Japanese for non-technical audience. Recently, I have been converting these original reports into academic papers written in English (Chiba et al. (2022), Beppu et al. (2022), Fujii et al. (2022), Batista et al. (2022)).
I presented many of my analyses at official government meetings, including, but not limited to Tokyo Metropolitan New Coronavirus Monitoring Conference, Expert Round-table Meeting of the Tokyo Organising Committee of the Olympic and Paralympic Games, the Subcommittee on Novel Coronavirus Disease Control, and the Advisory Committee on the Basic Action Policy, Advisory Board on COVID-19 of the Ministry of Health, Labor, and Welfare, and Council of Ministers, among others. In more informal settings, we have provided our analyses to the Office for COVID-19 and Other Emerging Infectious Disease Control (Cabinet Secretariat) and Prime Minister’s Office, among others.

  • Research Products

    (7 results)

All 2022 2021 Other

All Int'l Joint Research (3 results) Journal Article (2 results) (of which Int'l Joint Research: 1 results,  Peer Reviewed: 2 results,  Open Access: 1 results) Remarks (2 results)

  • [Int'l Joint Research] European central Bank(ドイツ)

    • Country Name
      GERMANY
    • Counterpart Institution
      European central Bank
  • [Int'l Joint Research] Bank of International Settlements(スイス)

    • Country Name
      SWITZERLAND
    • Counterpart Institution
      Bank of International Settlements
  • [Int'l Joint Research] Dartmouth University/Fordham University(米国)

    • Country Name
      U.S.A.
    • Counterpart Institution
      Dartmouth University/Fordham University
  • [Journal Article] Expectations-Driven Liquidity Traps: Implications for Fiscal and Monetary Policy2022

    • Author(s)
      Taisuke Nakata, Sebastian Schmidt
    • Journal Title

      American Economic Journal: Macroeconomics: forthcoming

      Volume: - Pages: -

    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Covid-19 and Output in Japan2021

    • Author(s)
      Taisuke Nakata, Daisuke Fujii
    • Journal Title

      Japanese Economic Review (2021), Special Issue: SIR Model and Macroeconomics of COVID-19

      Volume: 72(4) Pages: 609-650

    • DOI

      10.1007/s42973-021-00098-4

    • Peer Reviewed / Open Access
  • [Remarks] Covid-19 and Output in Japan

    • URL

      https://covid19outputjapan.github.io/JP/

  • [Remarks] Taisuke Nakata's webpage

    • URL

      https://sites.google.com/site/taisukenakata/

URL: 

Published: 2023-12-25  

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