2011 Fiscal Year Final Research Report
Study on the Macrodynamics of Financial Crisis : From the Point of View of Income Distribution, Debt Burden, and Financial Assets
| Project/Area Number |
21530299
|
|---|
| Research Category |
Grant-in-Aid for Scientific Research (C)
|
| Allocation Type | Single-year Grants |
|---|
| Section | 一般 |
|---|
| Research Field |
Public finance/Monetary economics
|
|---|
| Research Institution | Shiga University |
|---|
Principal Investigator |
|
|---|
| Co-Investigator(Kenkyū-buntansha) |
TAKAMI Hiroyuki 大分大学, 経済学部, 教授 (10264326)
|
|---|
| Project Period (FY) |
2009 – 2011
|
| Keywords | 金融の不安定性 / Profit Sharing / 負債 / 金融資産 / 確信の不安定性 |
|---|
| Research Abstract |
This research examined financial instability from the point of view of income distribution, debt burden, and financial assets, and emphasized the importance of the stable financial structure. This research presented that the Japanese financial structure has become fragile since the mid-1990s and the Korean financial structure has become robust since the Asian monetary crisis by using a VAR model. This research also demonstrated that the stock of financial assets makes an economy unstable, and the Profit-Sharing rule in Japan further stabilizes the economy when the financial structure of the economy is already stable.
|
Research Products
(10 results)
