| Budget Amount *help |
¥4,420,000 (Direct Cost: ¥3,400,000、Indirect Cost: ¥1,020,000)
Fiscal Year 2018: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2017: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2016: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
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| Outline of Final Research Achievements |
This studied theoretically and empirically relationships between monetary policies and macro prudential policies by EU and ECB. Our research explicated optimal monetary policy and financial stability conditions. Still more, through empirical studies, we verified optimal adjustment between macro prudential policy and negative monetary policy by ECB.
We conclude needs of positive arguments on financial stability in Governing Council in ECB.
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