Shiratsuka Shigenori

写真a

Affiliation

Faculty of Economics (Mita)

Position

Professor

Career 【 Display / hide

  • 1987.04
    -
    2019.08

    Bank of Japan

  • 2019.09
    -
    Present

    Keio University, Faculty of Economics, Professor

Academic Background 【 Display / hide

  • 1983.04
    -
    1987.03

    Keio University, Faculty of Economics

    University, Graduated

Academic Degrees 【 Display / hide

  • Ph. D in Economics, Keio University, Dissertation, 2000.06

     Economic Analysis on Prices

 

Research Areas 【 Display / hide

  • Humanities & Social Sciences / Money and finance

  • Humanities & Social Sciences / Economic policy

  • Humanities & Social Sciences / Economic statistics

Research Keywords 【 Display / hide

  • Japanese Economy

  • Price Index

  • Monetary Policy

Research Themes 【 Display / hide

  • Revisiting Yield Curve Dynamics under a Low Interest Rate Environment: Application of Dynamic Nelson-Siegel Model, 

    2019.10
    -
    Present

     View Summary

    In research project, we employ the dynamic Nelson-Siegel model with time-varying parameters to estimate yield curve dynamics in Japan’s low interest rate environment, thereby establishing indicators for tracing easing effects of monetary policy. We show that estimation performance of the yield curve models is sufficiently improved even under low interest rate environment, by extending the time-varying dynamic Nelson-Siegel model with allowing loading parameter to vary over time, in addition to three factors of yield curve dynamics: level, slope, and curvature. We also discuss that estimated monetary policy indicators show the limited effects of unconventional monetary policy measures, leading to making confined market expectations for prolonged extremely low interest rates more robust.

  • Shadow Interest Rates Revisited, 

    2019.10
    -
    Present

  • Economic Analysis on Consumer Prices Using Official Micro Data, 

    2020.07
    -
    Present

     View Summary

    本研究では、消費者物価指数の基礎統計である小売物価統計調査の個票データを使い、個々の調査価格を品目レベルに集計する際の計測誤差(下位代替バイアス)について検証を行う。消費者物価指数の指数精度は、物価の安定という極めて重要な政策課題に直結するが、これまで、小売物価統計調査の個票データを使った研究はみられておらず、本研究は、小売物価統計調査の個票データを使った初の研究プロジェクトとなる。

 

Books 【 Display / hide

  • An Economic Analysis of Pricing

    Shigenori Shiratsuka, University of Tokyo Press, 1998.06

Papers 【 Display / hide

  • 中央銀行の政策運営におけるマクロプルーデンスの視点

    白塚 重典

    『金融研究』 (日本銀行金融研究所)  第30巻第3号 2011.08

    Research paper (scientific journal), Single Work, Accepted

  • 金融政策コミットメントの効果:わが国の経験

    白塚 重典、寺西 勇生、中島 上智

    『金融研究』 (日本銀行金融研究所)  第29巻第3号 2010.07

    Research paper (scientific journal), Joint Work, Accepted

  • わが国の量的緩和政策の経験――中央銀行バランスシートの規模と構成を巡る再検証――

    白塚 重典

    『フィナンシャル・レビュー』 (財務省財務総合政策研究所)  99号 2010.02

    Research paper (bulletin of university, research institution), Single Work, Accepted

  • 資産価格変動、構造調整と持続的経済成長:わが国の1980年代後半以降の経験

    翁 邦雄、白塚 重典

    『金融研究』 (日本銀行金融研究所)  第23巻第4号 2004.12

    Research paper (scientific journal), Joint Work, Accepted

  • わが国における貨幣の長期中立性について

    大井 博之、白塚 重典、代田 豊一郎

    『金融研究』 (日本銀行金融研究所)  第23巻第3号 2004.10

    Research paper (scientific journal), Joint Work, Accepted

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Papers, etc., Registered in KOARA 【 Display / hide

 

Courses Taught 【 Display / hide

  • INTRODUCTION TO THE JAPANESE ECONOMY

    2020, Spring Semester, Within own faculty

  • JAPANESE ECONOMIC SYSTEM A

    2020, Spring Semester, Lecture, Within own faculty

  • JAPANESE ECONOMIC SYSTEM B

    2020, Autumn Semester, Lecture, Within own faculty

  • INTRODUCTION TO THE JAPANESE ECONOMY

    2020, Autumn Semester, Lecture, Within own faculty

  • MONEY, BANKING, AND FINANCE

    2020, Autumn Semester, Lecture, Within own faculty

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Memberships in Academic Societies 【 Display / hide

  • Japan Society of Monetary Economics, 

    2019
    -
    Present
  • Japan Economic Association, 

    2000
    -
    Present