The Fall 2008 Semi-Annual Meeting
of the Japan Society of Monetary Economics
Detailed Program
09:30 to 11:45 Panel Session
1: On Central Bank |
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Chair Presenter Presenter Presenter |
Harui, Hisashi Fujii, Yoshihiro Adachi, Seiji Taya, Teizou |
Kwansei Gakuin University Sophia University Deutsche Bank Daiwa Institute of Research |
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09:30 to 11:45
Contributed Session 1 Rm. A (K103) Issues on International Monetary System |
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Chair | Fukuda, Shin-ichi | University of Tokyo | ||
Globalism in Transition and Renminbi Issue | ||||
Presenter Discussant |
Zhang, Gao Kei, Sou |
Graduate School, Saga University Senshu University |
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The Adjustment Role of Labor Mobility for Asymmetric Shocks; Reconsideration of Mundell's OCA | ||||
Presenter Discussant |
Yoshimi, Taiyo Iokibe, Shingo |
Graduate School, Hitotsubashi
University Doshisha University |
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The Choice of Invoice Currency and Foreign Exchange Strategy: A Case Study of Japanese Companies | ||||
Presenter Discussant |
Shimizu, Junko Ito, Takatoshi Sasaki, Yuri Sato, Kiyotaka Koibuchi, Satoshi Hayakawa, Kazunobu Yoshimi, Taiyo Yamagami, Hidefumi |
Senshu University University of Tokyo Meiji Gakuin University Yokohama National University Chiba University of Commerce Institute of Developing Economies Graduate School, Hitotsubashi University Kinki University |
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Rm. B (K109) Financial Institution / Corporate Governance | ||||
Chair | Fujiwara, Kenya | Kobe University | ||
The Investigation about Check Truncation System from a View Point of Business Strategy | ||||
Presenter Discussant |
Kouno, Kenji Nakajima, Masashi |
Graduate School, Kyoto University Reitaku University |
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Was the Board Reform of Japanese Firms Effective? | ||||
Presenter Discussant |
Omi, Yusuke Goto, Mika Teshima, Noriyuki |
Central Research Institute of
Electric Power Industry Central Research Institute of Electric Power Industry Senshu University |
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Financial Liberalization and Corporate Governance - Has the Main Bank System Been Affected by Corporate Bond Issuances in Japan? | ||||
Presenter Discussant |
Hanazaki, Masaharu Fukazawa, Masumi Horiuchi, Akiyoshi Fujiwara, Kenya |
Development Bank of Japan Development Bank of Japan Chuo University Kobe University |
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Rm. C (K110) Impact Analysis of Financial System Reform | ||||
Chair | Yoshino, Naoyuki | Keio University | ||
An Analysis on the Share of Syndicated Loan Retained by the Agent Bank | ||||
Presenter Discussant |
Kodani, Norito Sakuragawa, Masaya |
Graduate School, Kobe University Keio University |
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The Direction of Japanese Financial Regulation Reform | ||||
Presenter Discussant |
Toi, Kanako Yonezawa, Yasuhiro |
Yasuda Women痴 University Waseda University |
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The Analysis of Impact of Trading Unit Reduction | ||||
Presenter Discussant |
Okuyama, Eiji Takaya, Sadayoshi |
Chuo University Kansai University |
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Rm. D (K203) Asian Monetary Economy | ||||
Chair | Kitaoka, Takayoshi | Meiji University | ||
The Changes of Financial Costs in Southeast Asia after the Financial Crisis: An Empirical Study of the Euler Investment Equation in Malaysia, Philippines, and Thailand | ||||
Presenter Discussant |
Take, Yasushi Suzuki, Kazushi |
Graduate School, Hitotsubashi
University Meiji University |
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Inflation in China from 1991-2005: Evidence from Regional Data | ||||
Presenter Discussant |
Nagayasu, Jun Sui, Qing-yuan |
Tsukuba University Yokohama City University |
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Central Bank Operating Procedures in Thailand and Philippine | ||||
Presenter Discussant |
Inoguchi, Masahiro Kubo, Akihiro |
Kyoto Sangyo University Osaka City University |
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Rm. E (K209) Monetary Theory | ||||
Chair | Iwata, Kenji | Kyushu University | ||
Cointegration Analysis of M2+CD Considering the Substitution among Components | ||||
Presenter Discussant |
Sawada, Yoshitaka Miyao, Ryuzo |
Kwansei Gakuin University Kobe University |
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Recent Criticism to Islamic Finance and Concept of Interest | ||||
Presenter Discussant |
Kitamura, Tashiharu Takuwa, Koshi |
Waseda University Nihon University |
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Policy Interest Rates under the Managed Currency System | ||||
Presenter Discussant |
Maehata, Yukihiko Yoshida, Satoru |
Obirin University Musashi University |
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11:50 to 12:35
Keynote Speaker: Presidential Address Rm. G (L102) Challenge on Reginal Finance |
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Speaker | Tsutsui, Yoshiro | President of the Japan Society of Monetary Economics | ||
12:35 to 13:35 Lunch 13:35 to 15:50 Contributed Session 2 Rm. A (K103) Theoretic / Positive Analyses on Monetary Policy / Exchange Rate |
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Chair | Komatsu, Masaaki | Hiroshima University | ||
Global Shocks and the Japanese Economy: Structural Changes in the 1990s | ||||
Presenter Discussant |
Shinkai, Jun-ichi Iwatsubo, Kentaro |
Graduate School, Osaka University Kobe University |
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The
International Monetary Policy Transmission under Monopolistic
Competition ~A Three-Country Model Approach with Asymmetric Firms~ |
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Presenter Discussant |
Kaminoyama, Kenichi Dohwa, Koujiro |
Graduate School, Doshisha
University Kyoto Gakuen University |
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Volume or Order Flow? : Which Contains More Information in Really Traded Yen/Dollar Foreign Exchange Market? | ||||
Presenter Discussant |
Susai, Masayuki Minaki, Takeo |
Nagasaki University Hokusei Gakuen University |
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Rm. B (K109) Financial Institutions | ||||
Chair | Higano, Mikinari | Rikkyo University | ||
Foreign Entry and Efficiency of Banking: Evidence from China | ||||
Presenter Discussant |
Matsuda, Takuma Yuan, Yuan Harimaya, Kouzou |
Kanto Gakuin University University of Tokyo Sapporo Gakuin University |
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Banking Panics, Bank Failures, and the Lender of Last Resort: The Showa Depression of 1930・932 | ||||
Presenter Discussant |
Akiyoshi, Fumio Yokoyama, Kazuteru |
Osaka University of Economics Nagoya City University |
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Sient Bank Runs: Discipline or Contagion? | ||||
Presenter Discussant |
Shimizu, Katsutoshi Konishi, Hiroshi |
Nagoya University Hitotsubashi University |
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Rm. C (K110) Finance I | ||||
Chair | Hiruma, Fumihiko | Waseda University | ||
The Effect of Diversification Investment between Real Estate Investment Trust and Stock | ||||
Presenter Discussant |
Tee Kian Heng Susai, Masayuki |
Prefectural University of Iwate Nagasaki University |
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On the Measurement of Interest Rate Risk | ||||
Presenter Discussant |
Takahashi, Toyoharu Kitaoka, Takayoshi |
Chuo University Meiji University |
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Difference of Risk Asset Ratio in the Households of Japan and the U.S. From the Perspective of Asset Distribution Gap | ||||
Presenter Discussant |
Takenaka, Masaharu Iwatsubo, Kentaro |
Institute for International
Monetary Affairs Kobe University |
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Rm. D (K203) Monetary Policy I | ||||
Chair | Harui, Hisashi | Kwansei Gakuin University | ||
The Effect of the Quantitative Monetary Easing Policy and Yield Spread | ||||
Presenter Discussant |
Hanabusa, Kunihiro Ito, Takayasu |
Graduate School, Kobe Universtiy Niigata University |
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Issues Regarding the BOJ痴 Inflation Comfort Zone Policy | ||||
Presenter Discussant |
Shirakawa, Hiromichi Abiko, Yuichi |
Credit Suisse Securities Japan Kinki University |
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The Effectiveness of Monetary Easing Policy on Bank Lending in Japan during 1999- 2005 | ||||
Presenter Discussant |
Guizani, Brahim Yoshino, Naoyuki |
Graduate School, Tohoku University Keio University |
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Rm. E (K209) Regional Financial Institutions: Business Environment and Challenge | ||||
Chair | Kurihara, Yutaka | Aichi University | ||
LTV Model in Retail of JA Bank - Substantial Approach Based on Relationship Marketing - | ||||
Presenter Discussant |
Murakami, Shinri Toi, Kanako |
Graduate School, Horoshima
University Yasuda Women痴 University |
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Enlargement of Business Area by Regional Banks | ||||
Presenter Discussant |
Shinada, Yushi Kazusaka, Takashi |
Shinkin Central Bank Research
Institute Kanagawa University |
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A Comparative Study on Regional Finance and Industrial Cluster in Japan and Korea | ||||
Presenter Discussant |
Yamori, Nobuyoshi Hirakawa, Hitoshi Choi, Yong-Ho Jin, Byung-yong Bu, Gi-duck Park, Man Bong Ito, Kazuhisa |
Nagoya University Nagoya University Kyungpook National University Daegu Bank Daegu Bank Nagoya University Prefectural University of Hiroshima |
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Rm. F (K210) Macro Analyses on Monetary Economy | ||||
Chair | Miyao, Ryuzo | Kobe University | ||
Deposit Composition and Liquidity Demand of Commercial Banks: An Analysis Using Japanese Panel Data | ||||
Presenter Discussant |
Uchino, Taisuke Ogawa, Kazuo |
Graduate School, Hitotsubashi
University Osaka University |
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Macroeconomy, Collateral Values, and Bank Moral Hazard | ||||
Presenter Discussant |
Ishida, Hirotaka Nakagawa, Ryuichi |
Tohoku Gakuin University Kansai University |
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Why did the Japanese Money Multiplier Continue to Decline? | ||||
Presenter Discussant |
Osada, Takeshi Honda, Yuzo |
Graduate School, Hitotsubashi
University Osaka University |
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16:00 to 17:00
Invited Speaker Rm. G (L102) On International Capital Market |
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Speaker | Tamaki, Rintaro | Director-General of the International Bureau, Ministry of Finance Japan | ||
17:10 to 18:10 General Meeting Rm. G (L102) 18:15 Welcome Reception Univ. Co-op Restaurant
10:00 to 12:15 Panel Session
2: On International Finance |
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Chair Presenter Presenter Presenter |
Fujita, Seiichi Iwata, Kenji Fukunaga, Kazuki Hatase, Mariko |
Kobe University Kyushu University Institute for International Monetary Affairs Bank of Japan |
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10:00 to 12:15
Contributed Session 3 Rm. A (K103) Globalization and International Finance |
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Chair | Ishida, Miki | Hiroshima University | ||
The Dollar Structure under Floating Rates | ||||
Presenter Discussant |
Maeda, Naoya Kamikawa, Takao |
Ryukoku University Yokohama National University |
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Sustainability of the U.S. Current Account Deficit | ||||
Presenter Discussant |
Oda, Harutoshi Fukumoto, Yukio |
Fukuyama University Osaka University of Economics |
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Fundamental Changes in the Global Economies and Markets: Beyond 船ecoupling・ | ||||
Presenter Discussant |
Ohta, Hideaki Kawanami, Yoichi |
Ehime University Kyushu University |
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Rm. B (K109) Business of Financial Institutions | ||||
Chair | Saito, Yoshihiko | Chiba University of Commerce | ||
The Changing Business of U.S. Money Center Banks: Loan Sales and Derivatives | ||||
Presenter Discussant |
Kakeshita, Tatsuro Nakano, Mizuhiko |
Matsuyama University Momoyama Gakuin University |
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Organizational Structure and Risk Taking: Evidence from the Life Insurance Industry in Japan | ||||
Presenter Discussant |
Asai, Yoshihiro Yanase, Noriyoshi Lai, Gene C. Koto, Yasuo |
Josai University Tokyo Keizai University Washington State University Senshu University |
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The Effects of Collateral on Small Firm Performance in Japan | ||||
Presenter Discussant |
Uesugi, Iichiro Ono, Arito Sakai, Kouji Hanazaki, Masaharu |
Hitotsubashi University Mizuho Research Institute Graduate School, Hitotsubashi University Development Bank of Japan |
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Rm. C (K110) Finance II | ||||
Chair | Takahashi, Toyoharu | Chuo University | ||
Changing Firm Characteristics and Payout Policy | ||||
Presenter Discussant |
Suzuki, Yoshihisa Tokutsu, Yasuyoshi Tanigawa, Yasuhiko |
Hiroshima University Hiroshima University of Economics Waseda University |
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Liquidity, Volume and Informational Efficiency: Evidence from High-Frequency FX Data | ||||
Presenter Discussant |
Iwatsubo, Kentaro Kitamura, Yoshihiro Susai, Masayuki |
Kobe University Toyama University Nagasaki University |
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Panel Data Analysis on Japan痴 Regional Land Prices in 1980-2004 | ||||
Presenter Discussant |
Kitaoka, Takayoshi Morinaga, Shin-ichi Hirono, Keiko |
Meiji University Graduate School, Meiji University Nihon University |
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Rm. D (K203) Monetary Policy II | ||||
Chair | Tanaka, Atsushi | Kwansei Gakuin University | ||
Interest Rate Persistence with Cost Channel: Price Puzzle Reconsidered | ||||
Presenter Discussant |
Ida, Daisuke Fukushige, Mototsugu |
Graduate School, Kobe University Osaka University |
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Bank Merger ,Reorganization and Monetary Policy | ||||
Presenter Discussant |
Yamamoto, Yasuhiro Kitano, Shigehito |
Hirosaki University Kobe University |
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Wage Inflation and Labor Market Pressure | ||||
Presenter Discussant |
Senda, Takashi Kitasaka, Shin-ichi |
Hiroshima University Doshisha University |
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Rm. E (K209) Money and Banking in Other Countries | ||||
Chair | Kataoka, Tadashi | Osaka City University | ||
An Analysis of Chinese Dual Economy | ||||
Presenter Discussant |
Okuda, Mai Ishida, Miki Ochi, Yasuki Fujikawa, Kiyoshi |
Graduate School, Hiroshima
University Hiroshima University Hiroshima University Nagoya University |
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The Aspect of Credit Union Management in America ― The Financial Activities Aimed Member Interests | ||||
Presenter Discussant |
Morinaka, Yuki Saito, Tadashi |
Graduate School, Osaka City
University Komazawa University |
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The Process of Adaptation of the Euro by Slovakia | ||||
Presenter Discussant |
Matsuzawa, Yuusuke Yamashita, Eiji |
Seibu Bunri University Osaka City University |
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Rm. F (K210) Special Session on East Asian Currencies | ||||
Chair | Ogawa, Eiji | Hitotsubashi University | ||
On Asian Monetary Union | ||||
Presenter Discussant |
TRAN THI VAN ANH Kawasaki, Kentaro |
Hiroshima University Toyo University |
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Dynamic Effect of Changes in Exchange Rate System | ||||
Presenter
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Yoshino, Naoyuki Kaji, Sahoko Asonuma, Tamon Fukuda, Shin-ichi |
Keio University Keio University Boston University University of Tokyo |
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Monetary Integration in East Asia: Why Does It Take So Long? | ||||
Presenter Discussant |
Krawczyk, Mariusz K. Ogawa, Eiji |
Ryukoku University Hitotsubashi University |
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12:15 to 13:15 Lunch 13:15 to 15:15 Symposium Rm. G (L102) The Transformation of International Financial Market and Asian Economy |
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Moderator Panelist Panelist Panelist Panelist |
Komatsu, Masaaki Okuda, Hidenobu Nishizawa, Toshiro Kunimune, Kouzo Mieno, Fumiharu |
Hiroshima University Hitotsubashi Universtiy Japan Bank for International Cooperation Institute of Developing Economies Kobe University |
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Fall 2008 Meeting Program Committee |
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Iwata, Kenji Ogawa, Eiji Kamoike, Osamu Komatu, Masaaki Senda, Takashi Harui, Hisashi Hiruma, Fumihiko Fujita, Seiichi Miyao, Ryuzo Yamori, Nobuyoshi |
Ishida, Miki Kataoka, Tadashi Kitaoka, Takayoshi Saito, Yoshihiko Takahashi, Toyoharu Higano, Mikinari Fukuda, Shin-ichi Fujiwara, Kenya Yano, Junji Yoshino, Naoyuki |