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2013 Fiscal Year Final Research Report

How to Control Global Imbalance

Research Project

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Project/Area Number 23330106
Research Category

Grant-in-Aid for Scientific Research (B)

Allocation TypeSingle-year Grants
Section一般
Research Field Public finance/Monetary economics
Research InstitutionKobe University

Principal Investigator

FUJITA Seiichi  神戸大学, 経済学研究科(研究院), 教授 (40135778)

Co-Investigator(Kenkyū-buntansha) MATSUBAYASHI Yoichi  神戸大学, 大学院・経済学研究科, 教授 (90239062)
KITANO Shigeto  神戸大学, 経済経営研究所, 准教授 (00362260)
INOGUCHI Masahiro  京都産業大学, 経営学部, 准教授 (60387991)
IOKIBE Shingo  同志社大学, 商学部, 准教授 (30411060)
FUKUMOTO Yukio  大阪経済大学, 経済学部, 准教授 (60411386)
HOSHIWAKA Takeshi  近畿大学, 経済学部, 准教授 (20467674)
SHIBAMOTO Masahiko  神戸大学, 経済経営研究所, 講師 (80457118)
YAMAMOTO Shugo  山口大学, 経済学部, 講師 (70593599)
Project Period (FY) 2011-11-18 – 2014-03-31
Keywordsグローバル・インバランス / 国際資金フロー / リージョナル・インバランス
Research Abstract

In this project, we tried to examine the feasibility of the global imbalance adjustment both theoretically and empirically. The emergence of huge external imbalances in the world economy had been a peculiar phenomenon in 2000s. Consequently, the research fields include not only the change of current account but also the movements of flow of funds from net and gloss sides and transmission mechanism of macroeconomic policy in the advanced economy. Our research member held a research meeting on a regular basis and made progress in our studies.
This project was finally succeeded as a publication of the academic book titled The empirical study of Global money flow: the new challenging subject after financial crisis. In this book we gained success to investigate empirically the possibility and feasibility of the global imbalance from various perspectives and it has draws many academicians'attention.

  • Research Products

    (17 results)

All 2014 2013 2012

All Journal Article (9 results) (of which Peer Reviewed: 6 results) Presentation (6 results) Book (2 results)

  • [Journal Article] グローバル金融危機とドル流動性2014

    • Author(s)
      松林洋一
    • Journal Title

      国民経済雑誌

      Pages: 49-65

  • [Journal Article] Transmission of US Financial and Trade Shocks to Asian Economies2014

    • Author(s)
      YAMAMOTO Shugo
    • Journal Title

      The North American Journal of Economics and Finance

      Pages: 88-103

    • Peer Reviewed
  • [Journal Article] A note on the yen/dollar rate without foreign exchange intervention2013

    • Author(s)
      HOSHIKAWA Takeshi and YAMAGUCHI Keiko
    • Journal Title

      Applied Economic Letters

      Pages: 238-243

    • Peer Reviewed
  • [Journal Article] 日本におけるバラッサ, サミュエルソン効果の構造変化2013

    • Author(s)
      山本周吾
    • Journal Title

      金融経済研究

      Volume: 35号 Pages: 1-15

    • Peer Reviewed
  • [Journal Article] Sudden Stop and Trade Balance Reversal after Asian Crisis2013

    • Author(s)
      YAMAMOTO Shugo
    • Journal Title

      Journal of Policy Modeling

      Pages: 750-765

    • Peer Reviewed
  • [Journal Article] Structual Change in the External Balance Response to Macroeconomic Policies2013

    • Author(s)
      YAMAMOTO Shugo
    • Journal Title

      Review of International Economics

      Pages: 1021-1031

    • Peer Reviewed
  • [Journal Article] ユーロ圏危機と域内不均衡 : ユーロ圏の構造問題2012

    • Author(s)
      藤田誠一
    • Journal Title

      経済

      Pages: 137-148

  • [Journal Article] 対外不均衡と国際資金フロー : グローバル, インバランス論を超えて2012

    • Author(s)
      松林洋一
    • Journal Title

      貝塚啓明+財務省財務総合研究所『国際的なマネーフロー研究』(中央経済社)

      Pages: 97-125

  • [Journal Article] Structural Change in Current Account and Real Exchange Rate Dynamics2012

    • Author(s)
      KITANO Shigeto and SHIBAMOTO Masahiko
    • Journal Title

      Pacific Economic Review

      Pages: 619-634

    • Peer Reviewed
  • [Presentation] Spillover of the US Financial Crisis on Asian Economies : Financial Linkages versus Trade Linkages2013

    • Author(s)
      山本周吾
    • Organizer
      日本国際経済学会全国大会
    • Place of Presentation
      横浜国立大学
    • Year and Date
      2013-10-13
  • [Presentation] 国際資金フロー, 欧州金融機関, グローバル金融危機2013

    • Author(s)
      松林洋一
    • Organizer
      日本金融学会秋季大会, 国際金融パネル『国際資金フローとグローバル金融危機』
    • Place of Presentation
      名古屋大学
    • Year and Date
      2013-09-21
  • [Presentation] The Impact of Monetary Policy Decisions and Communication on Financial Markets2013

    • Author(s)
      SHIBAMOTO Masahiko
    • Organizer
      Asia-Pacific Economic Association 9th Annual Conference
    • Place of Presentation
      Osaka University
    • Year and Date
      2013-07-28
  • [Presentation] The Potential Welfare Benefit ofCapital Controls2013

    • Author(s)
      KITANO Shigeto
    • Organizer
      The Korea Money & Finance Association
    • Place of Presentation
      Sungkyunkwan University
    • Year and Date
      2013-06-15
  • [Presentation] ビッグマック価格は国際的な価値尺度になりえるか2013

    • Author(s)
      福本幸男
    • Organizer
      日本金融学会春季大会
    • Place of Presentation
      一橋大学
    • Year and Date
      2013-05-26
  • [Presentation] ユーロ危機とアジア : その影響と教訓2012

    • Author(s)
      藤田誠一
    • Organizer
      アジア政経学会
    • Place of Presentation
      広島県立大学
    • Year and Date
      2012-06-09
  • [Book] グローバル, マネーフローの実証分析2014

    • Author(s)
      藤田誠一, 松林洋一, 北野重人
    • Total Pages
      217
    • Publisher
      ミネルヴァ書房
  • [Book] 現代国際金融論(第4版)2012

    • Author(s)
      上川孝夫, 藤田誠一
    • Total Pages
      451
    • Publisher
      有斐閣

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Published: 2015-06-25   Modified: 2015-07-08  

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