Professor
Kobayashi Koji
Profile
| Specialized Field | Finance, Macroeconomics, Econometrics |
|---|---|
| Research theme | Theory and Empirical Studies on the Bank of Japan's Monetary Policy |
| Subjects in charge | Finance Theory, Introduction to Economic Mathematics A, Macroeconomics |
| Specialized Field | Finance, Macroeconomics, Econometrics |
|---|---|
| Research theme | Theoretical and statistical analysis of money and finance |
| research content | I have mainly worked on economic theory and empirical research, specifically, verification of the rational expectations hypothesis, statistical causality tests between economic variables, especially money, and estimation of the money multiplier. |
| Research and Education Policy | My current and future research themes include Japan's bubble economy and the subsequent Heisei recession, as well as the global financial crisis triggered by the subprime mortgage problem and the Lehman Shock. |
| Message | We expect students to have an independent and proactive approach to research. |
Interview
Please introduce yourself.
I was born and raised in Hachioji. My hobbies include traveling. As for Japan, I'm just a few prefectures away from visiting every one. I love animals, and if I hadn't become a professor in the Faculty of Faculty of Economics, I would have wanted to be a veterinarian. When I was young, I had many worries and twists and turns, just like you all. While describing my own growth trajectory and fluctuations, I often wondered how they would be expressed as a function.
Please tell us about your research.
As a student, I belonged to an econometrics seminar and my empirical research focused on money, so I now specialize in finance. When I was in my 30s and starting out as a researcher, I worked on analyzing statistical causal relationships centered on money. I am interested in macroeconomics, such as business cycles and economic growth, and am currently interested in financial issues, which have been changing dramatically in recent years.
What kind of contributions to society do you expect as your research progresses?
The economy is a living thing, so it may not be easy. Since the real economy is the subject of research, I think you will be able to grasp the trends, prospects and predictions of the world, and how to deal with real problems based on theory and reality. In the most recent example, I would say understanding and proposals about the effects of Abenomics and the Bank of Japan's bold monetary policy.
What can you learn in the seminar?
Some of you may not have a very good impression of money. It is true that money is not a sufficient condition for happiness, but it is a necessary condition. The field of finance is also changing greatly. The market is constantly changing every moment of every day. Small events in the world are expressed as numbers in markets such as foreign exchange and stock prices, and the movements of the world can be read from changes in numbers. Therefore, in my seminar, I require students to read the newspaper carefully, and you will be able to develop the ability to read it well.
Please say a few words to all the students.
I want you to be interested in what's going on in the world. I think it's wonderful to study abroad and take a fresh look at yourself from an outside perspective. I want all young people to be proactive in whatever they do and find what they want to do as soon as possible so that they don't end up regretting it. Let's take the first step.
