 |
|
|
|
|
Institute of Economic Research Hitotsubashi University
2-1 Naka, Kunitachi City,
Tokyo 186-8603, JAPAN
Tel
+81 42 580 8327
Fax
+81 42 580 8333
 |
|
| |
|
|
|
|
|
|
| OGURA, Yoshiaki |
|
 |
|
| Assistant Professor / U.S., European and Russian Economies |
Specialization
Finance, Industrial Organization, Applied Microeconomics
  |
|
| Education |
1995
1999
2005 |
B.A. (Law) Kyoto University
M.A. (Economics) Kyoto University
Ph.D. (Economics) Columbia University |
|
| Positions held |
2005
2006 |
Researcher, Research Center for Advanced Policy Studies, Institute of Economic Research, Kyoto University
Assistant Professor, Institute of Economic Research, Hitotsubashi University |
|
| Previous research |
| In my research, I have been keenly interested in how the important role of finance in the smooth allocation of resources from inefficient to efficient and from mature to growing sectors of the economy is affected by institutions and market structure in the financial sector. Until now, I have been conducting theoretical analyses of the interaction between loan competition among banks and their information production function, as exemplified by relationship banking, and its welfare implications. I have also theoretically examined the possibility of herding behaviour in loan competition and its welfare implications. Moreover, given that one of the major factors giving rise to investment and lending is technological innovation, I have conducted case studies on industrial clusters in Japan and an empirical analysis on knowledge spillovers using U.S. patent data in collaboration with other researchers. |
|
| Current research projects |
| At present, I am working on the empirical examination of a hypothesis regarding the correlation between relationship banking and loan competition among banks. Specifically, using micro data from the 2002 Survey of the Financial Environment of Enterprises, I am examining the effect of lending competition in regional loan markets on the probability that banks engage in relationship banking and the availability of credit for fledgling enterprises. In addition, I am conducting similar analyses on the U.S. using data from the National Survey of Small Business Financing. Apart from such cross-sectional studies, I am currently involved in joint research on the effect of mergers between financial institutions on their information production following the merger. Finally, I am conducting joint research applying network formation theory to examine the factors underlying technological innovation. |
|
|
|
| ◎Keywords |
finance, banking, small business financing, industrial organization, applied microeconomics. |
|
|
|
|
|
