THE JAPAN SOCIETY OF MONETARY ECONOMICS
2011 Autumn Annual Meeting Program

Last updated date: August 2, 2011

September 18th, Sunday

RegistrationFront Entrance of Building B (E-Campus)9:00~

<9:30~11:45>

A1(Room 101) Special Session:
The Great East Japan Earthquake and SME Finance
  • Chair
  • Nagoya University
  • Nobuyoshi Yamori
(1)Firms in Quake-hit Areas and their Relationships with Financial Institutions
  • Presenter
  • Hitotsubashi University
  • Iichiro Uesughi
(2)The Impact of the Great East Japan Earthquake on Regional Finance
  • Presenter
  • Kansai Gaidai University
  • Yasuhiro Horie
  • University of Hyogo
  • Hajime Kawamukai
(3)Overlapping Debt Problem from an Economics Point of View
  • Presenter
  • Kobe University
  • Hirofumi Uchida
  • Discussants
  • Development Bank of Japan
  • Masaharu Hanazaki
  • Yokohama City University
  • Tsuguo Fujino
E1(Room 402) Session: Financial History
  • Chair
  • Reitaku University
  • Masanori Sato
(1)Thirty Year History of Yen Loan for China: Change to Environmental Yen Loan
  • Presenter
  • N/A
  • Toshinari Nunome
  • Discussant
  • Kinki University
  • Nobuyoshi Nishizawa
(2)Singapore's Open Economic Policy in the 1970s
  • Presenter
  • Ph.D. Student, Tokyo Metropolitan University
  • Yoshinori Bando
  • Discussant
  • Hosei University
  • Masayoshi Tsurumi
(3)The Intensified Competition between City Banks and Shinkin Banks and the Relationship Banking in 1970's
  • Presenter
  • Ph.D. Student, Chuo University
  • Daisuke Arai
  • Discussant
  • Ritsumeikan University
  • Yoshiaki Ogura
F1(Room 403) Session: Empirical Analyses of Monetary Market and Others
  • Chair
  • The University of Tokyo
  • Shin-ichi Fukuda
(1)The Structural Change of Global Commodity Markets
  • Presenter
  • Musashi University
  • Tsutomu Chano
  • Discussant
  • Hitotsubashi University
  • Takashi Misumi
(2)The Impact of International Capital Flow in Emerging Markets: An Approach from Foreign Exchange Policy and Capital Control
  • Presenter
  • Musashi University
  • Sanae Ohno
  • Senshu University
  • Junko Shimizu
  • Discussant
  • The Japan Research Institute
  • Satoshi Shimizu
C1(Room 203) Session: International Finance I
  • Chair
  • Kyushu University
  • Kenji Iwata
(1)Exchange Rate Risks in a Small Open Economy
  • Presenter
  • Kyorin University
  • Chikafumi Nakamura
  • Discussant
  • Kansai University
  • Sadayoshi Takaya
(2)International Integration Measure for Sector Portfolio
  • Presenter
  • Meisei University
  • Hayato Nakata
  • Discussant
  • Ritsumeikan University
  • Kohei Aono
D1(Room 204) Session: Finance in Asia
  • Chair
  • Aichi University
  • Yutaka Kurihara
(1)How does State-ownership Affect the Operational Behavior of Listed Companies in Vietnam? : Estimation of Capital Structure and Profitability by 3SLS
  • Presenter
  • Hitotsubashi University
  • Hidenobu Okuda
  • Ph.D. Student, Hitotsubashi University
  • Lai Thi Phuong Nhung
  • Discussant
  • Nagoya City University
  • Mamoru Nagano
(2)Productive Efficiency of Philippine Banks
  • Presenter
  • Institute of Developing Economies
  • Jun Saito
  • Discussant
  • Kobe University
  • Fumiharu Mieno
(3)Malaysian Exchange and Capital Controls in 1998 : Impact on Trade and Lesson for ACU
  • Presenter
  • Mizuho Corporate Bank, Ltd.
  • Hiroshi Akabane
  • Discussant
  • Ryukoku University
  • Tetsuji Murase

<11:45~12:45> Lunch

<12:45~14:25> Room 101

Invited Lecture International Financial System: Today and Tomorrow
  • Chair
  • Keio University
  • Naoyuki Yoshino
  • Speakers
  • President of Institute for International
  • Monetary Affairs
  • Toyoo Gyohten
  • Vice Minister of Finance for International Affairs
  • Takehiko Nakao

<14:35~16:50>

B2(Room 201) Panel Session: International Finance
Exchange Rate Forecasting: Practitioners' and Academicians' Views
  • Chair
  • Rissho University
  • Yasushi Hayashi
(1)Frontier Research in Exchange Rate Forecasting
  • Presenter
  • Kobe University
  • Kentaro Iwatsubo
(2)The Frontier of Exchange Rate Forecasting
  • Presenter
  • Nomura Securities Co.
  • Taisuke Tanaka
(3)Practical Research in Exchange Rate Forecasting
  • Presenter
  • Citibank
  • Osamu Takashima
C2(Room 203) Session Liquidity and Risk: Institution and Theory
  • Chair
  • Sophia University
  • Yosuke Takeda
(1)Strategic Defaults
  • Presenter
  • Seijo University
  • Hiroshi Fukumitsu
  • Discussant
  • Ritsumeikan University
  • Akira Matsumoto
(2)Securitization by Non-Banks and Bankruptcy of Originators
  • Presenter
  • Yokohama National University
  • Masahiko Takahashi
  • Discussant
  • St. Andrew's University
  • Junsuke Matsuo
(3)The Safer, The Riskier: A Model of Bank Leverage and Financial Instability
  • Presenter
  • Kyoto University
  • Takayuki Tsuruga
  • Bank of Japan
  • Ryo Kato
  • Discussant
  • Kansai University
  • Katsuya Ue
D2(Room 204) Session: Monetary Policy
  • Chair
  • Kwansei Gakuin University
  • Atsushi Tanaka
(1)Policy Responses under Inflation Targeting: A VAR Analysis with Sign Restrictions
  • Presenter
  • Osaka Prefecture University
  • Minoru Tachibana
  • Discussant
  • University of Marketing and Distribution Sciences
  • Masafumi Kozuka
(2)A Theoretical Model of Long-term Deflationary Recession
  • Presenter
  • Waseda University
  • Tomohiro Inoue
  • Waseda University
  • Shunsuke Shinagawa
  • Chuo University
  • Eiji Tsuzuki
  • Discussant
  • Tokyo University of Science, Suwa
  • Kazuhiko Nakahira
E2(Room 402) Session: Regional Finance
  • Chair
  • Tohoku Fukushi University
  • Osamu Kamoike
(1)Loan Portfolio Adjustments of Regional Financial Institutions to Regional Economic Conditions in the Japan's Post-Bubble Period: A Panel Cointegration Analysis
  • Presenter
  • Osaka Sangyo University
  • Shohei Ishibashi
  • Discussant
  • Policy Research Institute, Ministry of Finance
  • Daisuke Ishikawa
(2)The Introduction of the Information Technology System developed jointly by Japanese Regional Banks and its Effects on Banking Business
  • Presenter
  • Shinshu University
  • Yoshikazu Yamaoki
  • Discussant
  • Keio University
  • Naoyuki Yoshino
(3)Bank Deposit Interest Rate Pass-Through and Geographical Segmentation in Japanese Banking Markets: A Panel Cointegration Approach
  • Presenter
  • Research Institute of Economy, Trade and Industry
  • Taisuke Uchino
  • Discussant
  • Kyushu University
  • Masao Nakata

<17:00~17:50>
General Meeting     Room101 (Building B)

<18:00~20:00>
Reception         Cafeteria November (November Hall)

September 19th, Monday

RegistrationFront Entrance of Building B (E-Campus)9:00~

<9:30~11:45>

E3(Room 402) Panel Session: Financial History
Money and Credit during the Transition Period to the Modern Era: From the Perspective of Payment and Settlement
  • Chair
  • Hosei University
  • Masayoshi Tsurumi
(1)Money and Credit in Japan in the Pre-Modern Era
  • Presenter
  • Matsuyama University
  • Masaru Iwahashi
(2)Money and Credit in Japan during the Transition Period to the Modern Era
  • Presenter
  • University of Marketing and Distribution Sciences
  • Keiichiro Kato
  • Bank of Japan
  • Masato Shizume
(3)Money and Credit in China during the Transition Period to the Modern Era
  • Presenter
  • Hitotsubashi University
  • Tomoko Shiroyama
  • Discussants
  • Sumitomo Historical Archives
  • Ryoichi Yasukuni
  • Kyushu University
  • Ryoichi Imai
A3(Room 101) Panel Session: Central Banking
Monetary System under Globalism
  • Chair
  • Kansai University
  • Yuzo Honda
(1)The Standard and Non-standard Monetary Policy of the Federal Reserve under Recent Economic Turmoil
  • Presenter
  • Kobe University
  • Toshiki Jinushi
(2)The Standard and Non-standard Monetary Policy of ECB under Recent Economic Turmoil
  • Presenter
  • Kansai University
  • Sadayoshi Takaya
(3)The Monetary Policy of the BOJ and Money Markets after the Financial Crisis
  • Presenter
  • Totan Research Co.
  • Izuru Kato
  • Discussants
  • Hitotsubashi University
  • Eiji Ogawa
  • Kobe University
  • Wataru Takahashi
F3(Room 403) Session: Finance & Behavioral Finance
  • Chair
  • Hitotsubashi University
  • Takashi Misumi
(1)Efficiency of Opening Price : Time Series Analyses using Global Daily Stock Indexes
  • Presenter
  • Gakushuin University
  • Ken-ichi Tatsumi
  • Ph.D. Student, Gakushuin University
  • Chao Zhao
  • Discussant
  • Osaka University
  • Yoshiro Tsutsui
(2)Borrowing Behavior and Attitudes towards Risk and Time: Experimental Approach
  • Presenter
  • Kinki University
  • Gregorz Mardyla
  • Ritsumeikan University
  • Hiroshi Izawa
  • Discussant
  • Waseda University
  • Fumihiko Hiruma
(3)Income Uncertainty, Risk Aversion, and Consumption Behavior : Evidence from Japan (1987-2009)
  • Presenter
  • Ph.D. Student, Kobe University
  • Hideaki Tamura
  • Discussant
  • University of Marketing and Distribution Sciences
  • Masafumi Kozuka
C3(Room 203) Session: International Finance II
  • Chair
  • Kobe University
  • Seiichi Fujita
(1)Balance of Payments Stages in the World over Three Decades
  • Presenter
  • Seikei University
  • Masanori Ono
  • Discussant
  • Kobe University
  • Yoichi Matsubayashi
(2)Development of Money Markets and Role of Benchmark Interest Rates: Case of Thailand
  • Presenter
  • Bunkyo Gakuin University
  • Naoyoshi Kinukawa
  • Discussant
  • Kobe University
  • Fumiharu Mieno
(3)Supply Shocks in Emerging Economies and Lower Inflation in Developed Countries: Three Country DSGE Approach
  • Presenter
  • Bank of Japan
  • Naohisa Hirakata
  • Asian Development Bank Institute
  • Masahiro Kawai
  • Bank of Japan
  • Yuto Iwasaki
  • Discussant
  • Chiba Keizai University
  • Eiji Okano
D3(Room 204) Session: Finance of Selected Countries
  • Chair
  • Meiji University
  • Takayoshi Kitaoka
(1)The Effect of Financial Development and FDI Spill-over on Regional Economic Growth in China: Analysis based on Provincial Panel Data
  • Presenter
  • Ph.D. Student, Kyushu University
  • Zheyi Liu
  • Discussant
  • Fukuoka Women's University
  • Yan Zhang
(2)Contagion of the Sovereign Risk in the Euro Area and the Impact of the Financial Assistance: A GARCH Analysis on Volatility Transmission in the European Sovereign Bond Markets
  • Presenter
  • Asian Development Bank Institute
  • Atsushi Masuda
  • Japan Bank for International Cooperation
  • Hitoshi Oshige
  • Discussant
  • Hitotsubashi University
  • Akira Ariyoshi
(3)Banking System and Formation of Interest Rates in Vietnam
  • Presenter
  • Niigata University
  • Takayasu Ito
  • Discussant
  • Hitotsubashi University
  • Hidenobu Okuda
G3(Room 501) Session: Finance of Small and Medium Enterprise
  • Chair
  • Yamaguchi University
  • Takashi Hyodo
(1)Firm Creation, Size, and Bank Competition
  • Presenter
  • Hiroshima University
  • Masayo Shikimi
  • Discussant
  • Ritsumeikan University
  • Yoshiaki Ogura
(2)Information Asymmetry in Small Business Financing
  • Presenter
  • Mizuho Corporate Bank, Ltd
  • Toshiyuki Kobayashi
  • Discussant
  • Toyo University
  • Yasuyoshi Masuda
(3)The Impact of The Great East Japan Earthquake on SMEs
  • Presenter
  • Shinkin Central Bank Research Institute
  • Yushi Shinada
  • Discussant
  • Japan Finance Corporation Research Institute
  • Hikaru Fukanuma

<11:45~12:45>  Lunch

<12:45~16:00>  Room 101

Symposium: Task of Financial and Capital Markets for Reconstruction after the Great East Japan Earthquake
  • Chair
  • Hitotsubashi University
  • Eiji Ogawa
  • Presenters
  • The University of Tokyo
  • Takatoshi Ito
  • Asian Development Bank Institute
  • Masahiro Kawai
  • Keio University
  • Takero Doi
  • Nomura Institute of Capital Markets Research
  • Yuta Seki
  • Discussants
  • Tohoku Fukushi University
  • Osamu Kamoike
  • Kobe University
  • Toshiki Jinushi

<16:00>
Closing Remarks        Kinki University  Hidefumi Yamagami


Program committee

  • Yuichi Abiko (Kinki University)
    Kenji Iwata (Kyushu University)
    Eiji Ogawa (Hitotsubashi University)
    Takayoshi Kitaoka (Meiji University)
    Yutaka Kurihara (Aichi University)
    Masanori Sato (Reitaku University)
    Yosuke Takeda (Sophia University)
    Toshiki Jinushi (Kobe University)
    Yasushi Hayashi (Rissho University)
    Shin-ichi Fukuda (The University of Tokyo)
    Nobuyoshi Yamori (Nagoya University)
  • Takayasu Ito (Niigata University)
    Kentaro Iwatsubo (Kobe University)
    Osamu Kamoike (Tohoku Fukushi University)
    Mami Kobayashi (Kinki University)
    Toshiyuki Souma (Kinki University)
    Atsushi Tanaka (Kwansei Gakuin University)
    Takashi Hyodo (Yamaguchi University)
    Seiichi Fujita (Kobe University)
    Takashi Misumi (Hitotsubashi University)
    Naoyuki Yoshino (Keio University)

Preparatory Committee

  • Hidefumi Yamagami
  • Yuichi Abiko
  • Toshiyuki Souma
  • Mami Kobayashi
  • Takeshi Hoshikawa
  • Kouki Iwama

Access to the Main Campus, Kinki University

http://www.kindai.ac.jp/english/access/locations.html