Toyofuku, Kenta
トヨフク ケンタ
Toyofuku, Kenta
Faculty of Business and Commerce/ProfessorBasic Information
Specialty
Monetary Economics, Banking Theory, Financial Crisis
Related Links
Biography
Research experience
Keio University Faculty of Business and Commerce Professor
National Graduate Institute for Policy Studies Assistant professor
Nihon University College of Economics Lecturer
Research
Reseach overview
My research focuses on monetary and banking theory, using microeconomics (particularly game theory). My research has focused on three main themes. The first concerns the impact of the soft budget constraint problem in banks on monetary policy and economic fluctuations. The second examines the impact of coordination failures among creditors on the financial system using global games. The third explores the nature of optimal currency areas, based on the function of money as a unit of account. Recently, I have been investigating the mechanisms underlying financial crises caused by asset commonality among banks.
Research Interests
- Banking Theory
- Monetary Economics
- Liquidity
- Financial Crisis
Research areas
Economic theory
Economic policy
Money and finance