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The Spring 2010
Meeting of the Japan Society of Monetary Economics
Program |
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May 15, 2010 (Sat) |
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<10:00〜12:15> |
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| A1 |
Panel Session：Monetary History |
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Institutionalization and Homogenization of
Banking in Historical Perspective |
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Chair |
Reitaku University |
Masanori Satoh |
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From the mutual
financing association to ordinary bank: A case of Shiojiri-Bank in Nagano
prefecture in the early Meiji era |
Presenter |
Kinki University |
Kouki Iwaki |
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The
homogenization of ordinary bank and savings bank: A case of Niigata
prefecture before the Savings Bank Act |
Presenter |
PhD Student The University
of Tokyo |
Daisuke Hayakawa |
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Institutionalization
of Informal finances in China |
Presenter |
Reitaku University |
Yuxiong Chen |
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Discussant |
Chiba University of
Commerce |
Hisahiko Saito |
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Discussant |
The University of Tokyo |
Masanao Itoh |
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<10:00〜12:15> |
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| B1 |
Regional Banking in Japan I |
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Chair |
University of Tokyo |
Shin-ichi Fukuda |
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On the
Measurement of Operation Areas and Profitability for Shinkin Banks |
Presenter |
Kansai Gaidai University |
Yasuhiro
Horie |
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Discussant |
Kinki University |
Yuichi Abiko |
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Regional economic
impact of the sinkin-bank loans 〜Quantative analysis of regional ecnomic
power and sinkin-bank loans〜 |
Presenter |
PhD student Ritsumeikan
University |
Kiyotsugu Yoshihara |
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Discussant |
Development Bank of Japan |
Masaharu Hanazaki |
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The safety of
shinkin bank and Z-score |
Presenter |
Takasaki City University |
Kichiro Iwamoto |
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Waseda University |
Teruo Mori |
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Discussant |
Senshu University |
Ji Cong |
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| C1 |
The New Empirical Analyses of Monetary Policy |
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Chair |
Sophia University |
Yosuke Takeda |
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Optimal Monetary
Policy and Preemptive Effect |
Presenter |
PhD Student Tohoku
University |
Souichi Arai |
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Discussant |
Bank of Japan
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Yuki Teranishi |
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Monetary Policy
and Firm Investment |
Presenter |
PhD Student Chuo University |
Koichi Masuda |
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Discussant |
Doshisha University
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Shin-ichi Kitasaka |
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On a Comparison
of Alternative Specifications of Highly Interest-Elastic Money Demand under a
Liquidity Trap in Japan
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Presenter |
Konan University |
Kiyotaka Nakashima |
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Hitotsubashi University |
Makoto Saitoh |
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Discussant |
Kobe University |
Masahiko Shibamoto |
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| D1 |
International Finance I |
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Chair |
Chuo University |
Soko Tanaka |
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A solution to
global imbalance’s ：Key role played by china in domestic demand stimulus and
financial innovation |
Presenter |
Saga University |
Miao Jinfang |
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Discussant |
Oita University
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Kazuo Toritani |
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Global Financial
Crisis and Financial Stability of the New Member States of the EU― Comparison
of Central and Eastern Europe with three Baltic States |
Presenter |
Kobe University |
Banincova Eva |
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Discussant |
Tohoku Gakuin University |
Masashi Igakura |
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Financial Crisis
and the Choice of Currency Regime in NEW EU Member Countries |
Presenter |
Senshu University |
Junko Shimizu |
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Discussant |
Musashi University |
Sanae Ohno |
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| E1 |
Financial Institutions I |
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Chair |
Kobe University |
Kenya Fujiwara |
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Determinants
of Regional Banks’ Incentives to
Acquire Credit Ratings Voluntarily |
Presenter |
Norinchukin Research Instutute Co., Ltd. |
Itaru Yajima |
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Discussant |
Setsunan University |
Kamon Iwatsubo |
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Banker’s
Overconfidence and Irrational Lending Behavior |
Presenter |
PhD Student Chuo University |
Kimiyo Kitamura |
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Discussant |
Hitotsubashi University |
Takashi Misumi
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Economic Impacts
of Herd Behavior in the Japanese Loan Market |
Presenter |
Kansai University |
Ryuichi Nakagawa |
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The University of Tokyo |
Hidekazu Oiwa |
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The University of Tokyo |
Fumiko Takeda |
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Discussant |
Hosei University |
Peng Xu |
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| F1 |
World Finance |
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Chair |
Hitotsubashi University |
Eiji Ogawa |
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Financial Crisis
and Information Transmission Mechanism: Evidence from Overnight Volatility
Spillovers between the U.S., Hong Kong, and China’s Stock Markets |
Presenter |
PhD Student University of
International Business and Economics |
Nishimura Yusaku |
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Discussant |
Kwanseigakuin University |
Kenjiro Hirayama |
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Exchange Rate and
Stock Price Interactions in Russia |
Presenter |
Asahikawa University |
Ono Shigeki |
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Discussant |
Toyo University |
Rika Nakagawa |
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GDP, GNI, and
Income Balance in Japan |
Presenter |
Fukushima University |
Masanori Ono |
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Discussant |
Daito Bunka
University |
Kaku Furuya |
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<12:15〜13:30> |
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Lunch |
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<13:30〜15:45> |
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| A2 |
Panel Session：On Central Bank |
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Unconventional
Monetary Policy under the Global Financial Crisis |
Chair |
Keio University |
Kazuto Ikeo |
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Unconventional
Monetary Policy: Connectional Overview |
Presenter |
The University of Tokyo |
Shin-Ichi Fukuda |
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The Effects of
Central Bank Unconventional Policies and Challenges That Lie Ahead |
Presenter |
Bank of Japan |
Hiroshi Nakaso |
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The Movements of
the Financial Market Under the Unconventional Monetary Policy |
Presenter |
Totan Research |
Izuru Kato |
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<13:30〜15:45> |
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| B2 |
Corporate Finance |
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Chair |
Keio University |
Takashi Kaneko |
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Capital
adjustment costs and nonlinear investment. |
Presenter |
Hirosaki University |
Keiichi Shima |
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Discussant |
Development Bank of Japan |
Kenji Tanaka |
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Foreign Ownership
and Corporate Value - Evidence from Panel Structural VAR Mode
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Presenter |
Cabinet Office |
Konomi Tonogi |
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Kobe University |
Kentaro Iwatsubo |
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Discussant |
Senshu University |
Nobuyuki Teshima |
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Determinants of
the introduction of stock options : Evidence from Japan |
Presenter |
Tokyo Keizai University |
Yukihiro Yasuda |
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Tokyo Keizai University |
Kim Hyonok |
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PhD Student Tokyo Keizai
University |
Nobuhisa Hasegawa |
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Discussant |
Keio University |
Yukitami Tsuji |
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| C2 |
International Finance II |
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Chair |
Kyushu University |
Kenji Iwata |
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Foreign Reserve
as Overseas Investment：
Expecting the change of Key Currency
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Presenter |
The Bank of
Tokyo-Mitsubishi UFJ |
Junichi Shukuwa |
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Discussant |
Chuo University |
Tadanobu Nemoto |
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Reconsidering the
Sustainability of the U.S. Net External Liabilities |
Presenter |
Ryukoku University |
Masaharu Takenaka |
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Discussant |
Chuo University |
Soko Tanaka |
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International
Policy Coordination and the Roles of the IMF |
Presenter |
Shobi University |
Yoshihiko Noguchi |
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Discussant |
University of Shizuoka |
Toshio Koyano |
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| D2 |
Financial Markets and Corporate Strategy |
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Chair |
Hitotsubashi University |
Takashi Misumi |
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Study of change
in dividend payout ratio and the factor |
Presenter |
PhD student Kyushu
University |
Shinya Shinozaki |
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Discussant |
The University of
Kitakyushu |
Naohisa Goto |
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An Empirical
Analysis of the Effect of Media Coverage on Stock Price Crashes: Evidence
from Japan |
Presenter |
Konan University |
Hiroyuki Aman |
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Discussant |
Chuo University |
Eiji Okuyama |
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Pricing in
Japanese Bond Market |
Presenter |
Chuo University |
Toyoharu Takahashi |
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Discussant |
Waseda University
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Yasuhiro Yonezawa |
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| E2 |
Asian Economies |
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Chair |
Hiroshima University |
Junji Yano |
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Capital Flows
Analysis for Korea and Thailand - Monthly Data Analysis through Market
Consensus, Political Risk and Liquidity Indices |
Presenter |
Financial & Economic
Research Center, Nomura Securities Co., Ltd. |
Takayuki Urade |
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Discussant |
Kinki University |
Hidefumi Yamagami |
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Nonperforming
Loans and Public Asset Management Companies in Malaysia and Thailand |
Presenter |
Kyoto Sangyo University |
Masahiro Inoguchi |
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Discussant |
Daito Bunka University |
Hiroshi Gunji |
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The impact of
connected lending on bank risk and performance: Evidence from Indonesia |
Presenter |
Institute of Developing
Economies |
Miki Hamada |
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Hitotsubashi University |
Masaru Konishi |
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Discussant |
Hiroshima University |
Masaaki Komatsu |
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<16:00〜17:00> |
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| AS |
Invited speech |
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Challenges and Efforts in Financial
Administration |
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Speaker |
Commissioner, Financial
Service Agency |
Katsunori Mikuniya |
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<17:00〜17:50> |
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Business meeting |
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<18:00〜 > |
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Reception |
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Room 1406 |
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May 16, 2010 (Sun) |
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| A3 |
<10:00〜12:15> |
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Panel Session: International Finance |
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Possibility of Creating a Common Currency in
Asia |
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Chair |
Aichi University |
Yutaka Kurihara |
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Financial
Cooperation in East Asia and the Path to the Asian Common
Currency |
Presenter |
Ministry of Finance |
Masatsugu Asakawa |
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Prospects for the
Global Economic and Financial System in the 2030s with Introduction of an
Asian Common Currency |
Presenter |
Institute for International
Policy Studies |
Satoshi Shimizutani |
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The Financial
Integration in Asia: Its Prospects |
Presenter |
Bank of Japan |
Wataru Takahashi |
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Discussant |
Hitotsubashi University |
Eiji Ogawa |
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Discussant |
Ryukoku University |
Testuji Murase |
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<10:00〜12:15> |
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| B3 |
Regional Banking in Japan II |
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Chair |
Yokohama City University |
Qing-yuan Sui |
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Number of bank
relationships of small and medium-sized enterprises−Empirical Analysis in the
Chubu region and the Hokuriku region |
Presenter |
PhD Student TOYO UNIVERSITY |
Eibun Ishikawa |
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Discussant |
Kansai Gaidai University |
Yasuhiro
Horie |
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Technical
Efficiency on Regional Banks and Managerial Diversification.
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Discretionary DEA.
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Presenter |
PhD Student Aomori Public
College |
Shun Yamamoto |
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Discussant |
Ritsumaikan University |
Kozo Harimaya |
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The Roles of
Relationship Lending and Utilization of Soft Information on Bank and
Performance in Competitive Local Markets |
Presenter |
PhD Student, Kobe
University |
Nakaoka Takayoshi |
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Kobe University |
Tadanori Yosano |
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Discussant |
Nagoya University |
Nobuyoshi Yamori |
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| C3 |
Financial Institutions II |
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Chair |
Hokkaigakuen University |
Masayuki Kobayashi |
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Can a Defined
Benefit Corporate Pension Plan Increase Corporate Value? |
Presenter |
PhD Student Kyushu
University |
Mitoshi Yamamoto |
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Discussant |
Daiwa Institution of
Research
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Yuji Mori |
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Global financial
crisis and systemic risk of major financial institutions: Evidence from
credit default swaps |
Presenter |
Musashi University |
Sanae Ohno |
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Discussant |
Waseda University
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Yasuhiro Yonezawa |
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Financial
Reregulation and Its Influence on the Securitization Market in Japan |
Presenter |
Yokohama National
University |
Masahiko Takahashi |
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Discussant |
Rikkyo
University
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Toru Kitahara |
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| D3 |
Money and Prices |
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Chair |
Kwanseigakuin University |
Atsushi Tanaka |
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The Effect of
Absorption of Government Bonds by Banks and National Investment and Loan on
Money-Stock |
Presenter |
PhD. Student Chuo
University |
Masashi Chikahiro |
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Discussant |
Dokkyo University |
Yoshihiko Saito |
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Is there any
interrelation among industrial corporate good prices? |
Presenter |
Tokai University |
Yoshikazu Ishimori |
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Discussant |
Kyoto Sangyo University |
Akira Terai |
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Regional
inflation (price) behaviors: heterogeneity and convergence |
Presenter |
University of Tsukuba |
Jun Nagayasu |
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Discussant |
Hitotsubashi University |
Etsuro Shioji |
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| E3 |
English Session |
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Chair |
Hitotsubashi University |
Hidenobu Okuda |
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Exchange Rate
Movements And Foreign Direct Investment (Fdi): Evidence From Japanese
Investment In Asia, 1987-2008 |
Presenter |
Ph D student, Osaka
University |
Shi Zongying |
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Osaka University |
Shinji Takagi |
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Discussant |
Toyo University |
Kentaro Kawasaki |
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What Drives the
Time-Series and Cross-Sectional Variations in Bank Capital Ratios |
Presenter |
Hitotsubashi University |
Chen Sichong |
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Discussant |
Tokyo Keizai University |
Yukihiro Yasuda |
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Negative Impacts
of Capital Injection Policies on the Capital Crunch |
Presenter |
Hitotsubashi University |
Osada Takeshi |
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Discussant |
Chuo University |
Satoshi Koibuchi |
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<12:15〜13:15> |
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Lunch |
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<13:15〜16:15> |
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| A4 |
Corporate Finance after the World Financial
Crisis |
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Chair |
Nagoya University |
Nobuyoshi Yamori |
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Relationship
between SMEs and financial institutions: Development after the financial
crisis |
Presenter |
Hitotsubashi University |
I-ichiro Uesugi |
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Corporate Finance
of Large Japanese Firms: Past, Present and Future |
Presenter |
Waseda University |
Shin-Ichi Hirota |
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Regulatory
Responses to Financial Crises and Their Impacts on Corporate Finance |
Presenter |
Bank of Japan |
Arito Ono |
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Financial System
and Banking Business after the Crisis |
Presenter |
Development Bank of Japan |
Masaharu Hanazaki |
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Program committee |
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Kazuto Ikeo (Keio University) Kenji Iwata(Kyushu
University)
Eiji Ogawa(Hitotsubashi University) |
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Hidenobu Okuda(Hitotsubashi University) Eiji Okuyama(Chuo
University)
Takashi Kaneko(Keio University) |
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Yutaka Kurihara(Aichi University) Yoshihiro Kuroki(Chuo
University)
Masayuki Kobayashi(Hokkaigakuen University) |
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Qing-yuan Sui(Yokohama City University)
Toyoharu Takahashi(Chuo University)
Yosuke Takada(Sophia University) |
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Atsushi Tanaka(Kwanseigakuin University)
Soko Tanaka(Chuo University) Tadanobu
Nemoto(Chuo University) |
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Sin-Ichi Fukuda(The University Of Tokyo)
Kenya Fujiwara８Kobe
University) Takashi
Misumi(Hitotsubashi University) |
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Kazuhiko Yago(Tokyo Metropolitan
University) Jun-Ji
Yano(Hiroshima University) |
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