HOMEFaculty ≫ SAMIKAWA, Ikuko


Associate Professor Industry-University-Government Collaboration /
Research Division of Frontier Sciences in Economics / 
Center for Intergenerational Studies

Financial theory, Monetary policy


HRI_E.gif  in_japanese.gif



Previous research

I have been involved in financial research at the Japan Center for Economic Research, the oldest private think tank in Japan. In the latter half of the 1990s, I worked on the non-performing loan problem that hindered economic activities and led to financial turmoil in 1997 and 1998. In the early 2000s, my main research area shifted to the impact of the lifting of the payoff, including depositors’ behavior when selecting banks. Recently, I have been studying the Bank of Japan’s unconventional monetary policy, i.e., Quantitative and Qualitative Monetary Easing, known as the QQE.

Current research projects

I am particularly interested in monetary policies introduced after Japan’s short-term interest rates hit the Zero/Effective Lower Bound. Since Japan is a leading example in this field, I will continue to assess the effects and risks brought about by a series of unconventional monetary policies in Japan.

monetary policy, banking, regional financial institutions