{"created":"2021-03-01T06:34:10.857019+00:00","id":16895,"links":{},"metadata":{"_buckets":{"deposit":"fe0bccb1-79d2-46fa-9535-fd536806c526"},"_deposit":{"id":"16895","owners":[],"pid":{"revision_id":0,"type":"depid","value":"16895"},"status":"published"},"_oai":{"id":"oai:repository.dl.itc.u-tokyo.ac.jp:00016895","sets":["55:864:884:885","9:504:867:886:887"]},"item_4_alternative_title_1":{"attribute_name":"その他のタイトル","attribute_value_mlt":[{"subitem_alternative_title":"Asset Prices and Monetary Policy : Lessons from the Japan's Unconventional Monetary Policy and the US Greenspanism"}]},"item_4_biblio_info_7":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2013-03-26","bibliographicIssueDateType":"Issued"},"bibliographicIssueNumber":"3","bibliographicPageEnd":"99","bibliographicPageStart":"77","bibliographicVolumeNumber":"64","bibliographic_titles":[{"bibliographic_title":"社會科學研究"}]}]},"item_4_description_5":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"旧くて新しいテーマである資産価格と金融政策の関係について，金融市場との対話（Blinder, 1998; 2004）およびリアルタイムの政策評価（Taylor, 2009）という二つの新しい視点に言及しながら，日本および米国に関する実証分析の結果を紹介する．具体的には，日本の非伝統的金融政策において資産価格の果たす役割，および米国の資産バブルの後始末に重きを置く「グリーンスパン主義」の適否について，竹田・小巻・矢嶋(2005a; b)および竹田・矢嶋(2006; 2008; 2009; 2010)などに依拠して，非伝統的金融政策の効果，金融市場の情報集約機能と中央銀行の私的情報，効率市場仮説の観点から定量的な結果を示す．そこでは，中央銀行の「最後の買い手」機能，金融政策の波及経路としてのExpectations Channel，資産価格の予測可能性について議論される．最後に，サブプライム･ローン危機後に提唱された金融政策の新たな可能性について言及し，金融政策が資産価格にもたらす影響としてRisk-Taking Channel（Borio and Zhu, 2008）の有効性，および中央銀行のバランス・シートの毀損を通じたコミットメントについて評価し，新たな金融政策が直面する問題に対する示唆を与える．","subitem_description_type":"Abstract"},{"subitem_description":"We review literature on asset prices and monetary policy, focusing on both central bank's communication with the financial markets(Blinder, 1998; 2004) and real-time policy-evaluations(Taylor, 2009). The major contribution to the literature consists of our own empirical analyses of the Japan's　unconventional monetary policy and the US Greenspanism (Takeda and Yajima, 2006; 2008; 2009; 2010). The issues raised in this paper cover effectiveness of unconventional measures; an information-aggregation role of the financial markets and private information of central banks; and efficient market hypothesis and asset price bubble. Based on some lessons from the results, we shed light on whither the central banking is.","subitem_description_type":"Abstract"}]},"item_4_description_6":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"特集　新しい金融経済学","subitem_description_type":"Other"}]},"item_4_full_name_3":{"attribute_name":"著者別名","attribute_value_mlt":[{"nameIdentifiers":[{"nameIdentifier":"161102","nameIdentifierScheme":"WEKO"}],"names":[{"name":"TAKEDA, Yosuke"}]},{"nameIdentifiers":[{"nameIdentifier":"161103","nameIdentifierScheme":"WEKO"}],"names":[{"name":"YAJIMA, Yasuhide"}]}]},"item_4_publisher_20":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"東京大学社会科学研究所"}]},"item_4_select_14":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_select_item":"publisher"}]},"item_4_source_id_10":{"attribute_name":"書誌レコードID","attribute_value_mlt":[{"subitem_source_identifier":"AN00108966","subitem_source_identifier_type":"NCID"}]},"item_4_source_id_8":{"attribute_name":"ISSN","attribute_value_mlt":[{"subitem_source_identifier":"2189-4256","subitem_source_identifier_type":"ISSN"}]},"item_4_text_21":{"attribute_name":"出版者別名","attribute_value_mlt":[{"subitem_text_value":"Institute of Social Science, The University of Tokyo"}]},"item_4_text_4":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_value":"上智大学経済学部"},{"subitem_text_value":"ニッセイ基礎研究所"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"竹田, 陽介"}],"nameIdentifiers":[{"nameIdentifier":"161100","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"矢嶋, 康次"}],"nameIdentifiers":[{"nameIdentifier":"161101","nameIdentifierScheme":"WEKO"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2020-07-14"}],"displaytype":"detail","filename":"shk064003006.pdf","filesize":[{"value":"1.3 MB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"shk064003006.pdf","url":"https://repository.dl.itc.u-tokyo.ac.jp/record/16895/files/shk064003006.pdf"},"version_id":"71d1bf0d-8bd7-4a13-857e-60c85761edeb"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"Risk-Taking Channel","subitem_subject_scheme":"Other"},{"subitem_subject":"Expectations Channel","subitem_subject_scheme":"Other"},{"subitem_subject":"Central Bank's Balance Sheet Market-Maker of the Last Resort","subitem_subject_scheme":"Other"},{"subitem_subject":"Lender of the Last Resort","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"jpn"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"departmental bulletin paper","resourceuri":"http://purl.org/coar/resource_type/c_6501"}]},"item_title":"資産価格と金融政策の関係 : 日本の非伝統的金融政策・米国の「グリーンスパン主義」からの示唆","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"資産価格と金融政策の関係 : 日本の非伝統的金融政策・米国の「グリーンスパン主義」からの示唆"}]},"item_type_id":"4","owner":"1","path":["885","887"],"pubdate":{"attribute_name":"公開日","attribute_value":"2016-11-20"},"publish_date":"2016-11-20","publish_status":"0","recid":"16895","relation_version_is_last":true,"title":["資産価格と金融政策の関係 : 日本の非伝統的金融政策・米国の「グリーンスパン主義」からの示唆"],"weko_creator_id":"1","weko_shared_id":null},"updated":"2022-12-19T03:54:55.418868+00:00"}