Recent Research Topics
Price Measurement
Evaluation of upward biases in the Japanese CPI
Impact of quality changes and new goods on accuracy of price index
Price index formulae
Asset price fluctuation and price stability
Framework for Monetary Policy Management
Inflation measures for monetary policy: how to trace underlying inflation
Inflation targeting: theoretical foundations and practical issues in monetary policy implementation
Information contents of derivative prices: extracting market expectations from derivative prices and its implication for monetary policy management
Prudential Regulation Framework
Incentive mechanism of current prudential regulation
Validity of private market regulation and role of public intervention in financial system
Mechanism design for more market-oriented
Systemic risk:
Financial Globalization and Its Implication for Central Banking
Impact of Information Technology
Conceptualization: growing trend toward knowledge- and information-based economy
Implication on monetary policy management
Implication on financial system