Institute of Economic Research,Research Division of Economic Institutions and Policy
IWAISAKO Tokuo
  • Curriculum Vitae
  • Research Results
  • Educational and Social Activities

日本語

Books

1.Examining Japan's Lost Decades(jointly worked)
Monetary and Fiscal Policies During the Lost Decades Routledge Contemporary Japan Series 2015
ISBN 978-1138885752

Paper

1."Impact of exchange rate shocks on Japanese exports: Quantitative assessment using a structural VAR model"(jointly worked)
Journal of the Japanese and International Economies Vol.46,pp.1-16 2017 Academic journal
ISSN 0889-1583doiLink
2.Japanese Corporate Savings and Saving-Investment Balance
Vol.68,No.3 2017 Academic journal
HERMES-IR
3."Abenomics and Beyond: The Japanese Economy in the 2010s"
Marcus Noland and Charles E. Morrison eds., Strengthening North Pacific Cooperation, KIEP Research Paper, Conference Proceeding 15-01 pp.103-124 2017 Academic journal
Link
4.Large Oil Price, Exchange Rate Shock, and the Japanese Economy(jointly worked)
Vol.66,No.4,pp.355-378 2015 Academic journal
HERMES-IR
5.Residential Property and Household Stock Holdings: Evidence from Japanese Micro Data(jointly worked)
The Economic Review Vol.66,No.3,pp.242-264 2015 Academic journal
HERMES-IR
6."Monetary and Fiscal Policies During the Lost Decades"(jointly worked)
Yoichi Funabashi and Barak Kushner eds., Examining Japan's Lost Decades, Routledge Contemporary Japan Series, Routledge 2015 Book
ISBN 978-1138885752
7."Comparing Fiscal Problems in Japan and the United States"
Lessons from Decades Lost: Economic Challenges and Opportunities Facing Japan and the United States, PIIE Briefing (Peterson Institute of International Economics) Vol.14,No.4,pp.43-55 2014 Academic journal
Link
8.The Japanese Fiscal Policy and Tax System during the Lost Two Decades
Vol.65,No.3,pp.238-249 2014 Academic journal
HERMES-IR
9.Halting Deflation through Monetary Policy : Can BOJ influence peoples' inflation expectations?
Vol.51,No.9,pp.9-19 2013 Academic journal
ISSN 0287-7929CiNii
10."DEBT RESTRUCTURING OF JAPANESE CORPORATIONS: EFFICIENCY OF FACTOR ALLOCATIONS AND THE DEBT-LABOR COMPLEMENTARITY"(jointly worked)
Hitotsubashi Journal of Economics Vol.54,No.1,pp.119-135 2013 Bulletin of university, institute, etc.
ISSN 0018-280xHERMES-IR
11."The Consumption--Wealth Ratio, Real Estate Wealth, and the Japanese Stock Market"(jointly worked)
Japan and the World Economy Vol.25,No.1,pp.39-51 2013 Academic journal
ISSN 0922-1425doiLink
12."Great Trade Collapse and Japanese Economy"
Vol.67,No.1,pp.45-50 2013 Academic journal
ISSN 03857298CiNii
13."Why did the debt maturity of the Japanese firms get longer?: A Preliminary Investigation"
Public Policy Review Vol.8,No.5,pp.563-580 2012 Academic journal
ISSN 1880-0955Link
14."Re-examination of Stock Return Predictability in Tokyo Market"
The Economic Review Vol.63,No.4,pp.365-376 2012 Academic journal
ISSN 00229733HERMES-IR
15."Understanding the Decline in Japan's Saving Rate in the New Millennium"(jointly worked)
Japan and the World Economy Vol.24,No.3,pp.163-173 2012 Academic journal
ISSN 0922-1425doiLink
16."Forecasting Japanese Stock Returns with Financial Ratios and Other Variables"(jointly worked)
Asia-Pacific Financial Markets Vol.18,No.4,pp.373-384 2011 Academic journal
ISSN 1387-2834doiLink
17."Comments: Oil and Macroeconomy: The Case of Korea by Junhee Lee and Joonhyuk Song"
in Takatoshi Ito and Andrew K. Rose editors Commodity Prices and Markets (NBER East Asia Seminar on Economics, Volume 20) University of Chicago Press 2011 Academic journal
18."Comments: The Relationship between Commodity Prices and Currency Exchange Rates: Evidence from the Futures Markets by Kalok Chan, Yiuman Tse, and Michael William"(jointly worked)
in Takatoshi Ito and Andrew K. Rose editors Commodity Prices and Markets (NBER East Asia Seminar on Economics,Volume 20) University of Chicago Press 2011 Academic journal
19."Japanese Macroeconomic Policy Management after the Global Financial Crisis"
Public Policy Review Vol.6,No.5,pp.795-806 2010 Academic journal
ISSN 18800955doiHERMES-IRLink
20."Global Financial Crisis, Hedge Funds,and the Shadow Banking System"
Public Policy Review Vol.6,No.3,pp.347-368 2010 Academic journal
HERMES-IR
21."Aggregate Corporate Saving and Recent Changes in Capital Structures of Japanese Firms"
The Economic Review Vol.61,No.1,pp.18-32 2010 Academic journal
ISSN 0022-9733HERMES-IR
22."Household Portfolios in Japan"
Japan and the World Economy Vol.21,No.4,pp.373-382 2009 Academic journal
ISSN 0922-1425doiLink
23."On the Predictability of Japanese Stock Returns Using Dividend Yield"(jointly worked)
Asia-Pacific Financial Markets Vol.17,No.2,pp.141-149 2009 Academic journal
ISSN 1387-2834 doiLink
24."Forecasting Japanese Stock Returns with Financial Ratios"(jointly worked)
The Economic Review Vol.58,No.3,pp.193-202 2007 Academic journal
ISSN 0022-9733HERMES-IRCiNii
25."Stock Index Autocorrelation and Cross-autocorrelations of Size-sorted Portfolios in the Japanese Market"
Hitotsubashi Journal of Economics Vol.48,No.1,pp.95-112 2007 Bulletin of university, institute, etc.
ISSN 0018-280XHERMES-IR
26."Structural Changes of US Economy in 1920s and the Great Depression -A Survey-"
The Economic Review Vol.57,No.3,pp.260-270 2006 Academic journal
ISSN 0022-9733HERMES-IRCiNii
27."Corporate Governance and Accounting Problems -The Enron Scandal and U. S. Accounting Regulation Reforms-"(jointly worked)
The Economic Review Vol.55,No.4,pp.328-344 2004 Academic journal
ISSN 0022-9733HERMES-IRCiNii
28."Consumption in Asset Pricing Model with the Japanese Data -A Test of Conditional CAPM with Consumption-Financial Wealth Ratio-"
The Economic Review Vol.54,No.2,pp.126-136 2003 Academic journal
ISSN 0022-9733HERMES-IRCiNii
29."Does International Diversification Really Diversify Risks?"
Journal of the Japanese and International Economies Vol.16,No.1,pp.109-134 2002 Academic journal
ISSN 0889-1583doiHERMES-IR
30."The Asset Price Effect on Consumption -The U. S. Case-"
The Economic Review Vol.53,No.1,pp.64-78 2002 Academic journal
ISSN 0022-9733HERMES-IRCiNii
31.Book reviews:Asset Pricing by John H. Cochrane
The Economic Review Vol.52,No.4,pp.375-377 2001 Academic journal
ISSN 0022-9733HERMES-IR

Other

1.Disentangling the Effect of Home Ownership on Household Stock-holdings: Evidence from Japanese microdata
RIETI Discussion Papaer 19-E-007 2019 Other
Link
2."Impact of population aging on household savings and portfolio choice in Japan"(jointly worked)
HIT-REFINED working papers No.61 2016 Other
doiHERMES-IRLink
3."Impacts of Oil Shocks on Exchange Rates and Macroeconomic Variables: A multi-country analysis"(jointly worked)
RIETI Discussion Paper, 16-E-03 2016 Other
Link
4."Oil Price, Exchange Rate Shock, and the Japanese Economy"(jointly worked)
RIETI Discussion Paper 15-E-028 2015 Other
Link
5."Impact of Exchange Rate Shocks on Japanese Exports: Quantitative assessment using a structural VAR model"(jointly worked)
RIETI Discussion Paper 15-E-029 2015 Other
Link
6."Debt Restructuring of Japanese Firms: Efficiency of Factor Allocations and the Debt-Labor Complementarity"(jointly worked)
PRI Discussion Paper Series (No.11A-01) Ministry of Finance 2011 Other
7."Understanding the Decline in Japan’s Saving Rate in the New Millennium"(jointly worked)
PRI Discussion Paper Series (No.10A-06) 2010 Other
Link
8."The Consumption-Wealth Ratio, Real Estate Wealth, and the Japanese Stock Market"(jointly worked)
Institute of Economic Research Discussion Paper,Hitotsubashi University A.504 2008 Other
HERMES-IR
9."Disagreement and Stock Prices in the JASDAQ ―An Empirical Investigation Using Market Survey Data"
Research Center for Price Dynamics Working Paper 20, Institute of Economic Research, Hitotsubashi University 2008 Other
HERMES-IR

Oral Presentation

NOName of subject/Conference NameYearSite
1.Disentangling the Effect of Housing on Household Stock Holdings: Evidence from Japanese Micro Data(Asian Finance Association 2018 Annual Conference)
2018.06
2.Oil Price, Exchange Rates, and the Macroeconomy(WEAI 12th International Conference)
2016.01Nanyang Technological University, Singapore
3.Impact of Exhange Rate Shoks on Japanese Exports: Quantitative Assessment Using a Strutural VAR model(日本金融学会秋季大会)
2015.10Tohoku University
4.Oil Price, Exchange Rate Shock, and the Japanese Economy(WEAI Annual Meeting)
2015.06Hilton Hawaiian Village Waikiki, Honolulu, Hawaii, USA
5.Impact of Exchange Rate Shocks on Japanese Exports: Quantitative Assessment Using a Structural VAR model(日本経済学会春季大会)
2015.05Niigata University

Scientific Research Funds Results

NOResearch subjectResearch itemYear
1.
Link
Scientific Research (A)2013-
2.Macro Variables and the Cross-Section of Stock Returns
Link
Scientific Research (B)2006-2009
3.
Link
Young Scientists (A)2002-2004
4.
Link
Encourangement of Scientists2000-2004
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