Organization of the Financial Research Center
(As of July 14, 2011)
Koichi Iwai
Research Theme
Security Markets, Mutual Fund
Education
Ph.D. in International Public Policy, Osaka University, Japan, March 2011
Master in International Public Policy, Osaka University, Japan, September 2004
Master in Applied Finance, Macquarie University, Australia, September 2003
B.A. in Economics, University of Tokyo, Japan, March 1994
Career
| April 2008 - present | Research Fellow, Financial Research Center of the Financial Services Agency (FSA Institute) |
|---|---|
| August 2005 | Financial Analyst, Nomura Institute of Capital Markets Research |
| November 2000 | Credit Analyst (Manager), Industrial Bank of Japan, Ltd. (currently, Mizuho Corporate Bank, Ltd.) |
| March 2000 | Fund Manager (Manager), SG Yamaichi Asset Management |
| April 1994 | Economist, Bank of Japan |
Publications
''The Determinants of Japanese firms' CDS Spreads,'' FSA Institute Discussion Paper Series DP2010-6, March 2011.(Full text is available only in Japanese.)- ''Inefficiency in the Japanese ETF Market,'' FSA Institute Discussion Paper Series DP2010-5, March 2011.(Full text is available only in Japanese.)
- ''Financial Integration and International Portfolio Diversification from Japanese Investors' Viewpoint,'' FSA Institute Discussion Paper Series DP2010-4, March 2011.(Full text is available only in Japanese.)
- ''A Review of IPO and Policy Implications for the Japanese Junior Markets,'' FSA Research Review Vol.6, March 2010. (Full text is available only in Japanese.)
- ''Market Microstructure of Japanese ETF Market and Investors' Behavior,'' FSA Research Review Vol.5, March 2009. (Full text is available only in Japanese.)
- ''The Future of Japan's Mutual Fund Industry,'' in Yasuyuki Fuchita and Robert E. Litan, eds. Pooling Money: The Future of the Mutual Funds, Brookings Institution Press,2008
Tomoya Nakamura
Research Theme
Corporate Governance, Corporate Finance, Information Disclosure
Education
Ph.D. in Economics, Kyoto University, March 2011
M.A. in Economics, Kyoto University, March 2007
B.A. in Economics, Doshisha University, March 2002
Career
| March 2011 - present | Research Fellow, Financial Research Center of the Financial Services Agency(FSA Institute) |
|---|---|
| April 2010 - February 2011 | Researcher, Institute of Social and Economic Research, Osaka University |
| April 2002 - June 2003 | Nikko Cordial Securities Inc. |
Publications
- ''The Benefit of Mixing Private Noise into Public Information in Beauty Contest Games'' (with Hiroki Arato), The B.E. Journal of Theoretical Economics: vol. 11: Iss. 1 (Contributions), Article 8.
- ''Mein Banku wo Meguru Atarashii Mondai: Mein Yose no Rironbunseki (The New Main Bank System)'' (with Hiroshi Osano, Mami Kobayashi, and Mamiko Terasaki), Kin'yu Kenkyu (Monetary and Economic Studies), vol. 29 no. 1 (January 2010).
Tomoko Ohi
Research Theme
Agent-based Simulation of Financial Markets, Econophysics
Education
Ph.D. student, School of Engineering, The University of Tokyo (April 2008-present)
Master of Engineering, School of Engineering, The University of Tokyo (March 2008)
Bachelor of Science in Mathematics, Sophia University (March 2000)
Career
| April 2011 - present | Research Fellow, Financial Research Center of the Financial Services Agency (FSA Institute) |
|---|---|
| August 2010 - March 2011 | Associate Research Fellow, FSA Institute |
| April 2009 - October 2009 | Global COE Research Assistant, The University of Tokyo |
| April 2004 - March 2006 | Researcher, Research Institute of Science and Technology for Society, Japan Science and Technology Agency |
| April 2000 - December 2003 | Analyst, The Industrial Bank of Japan, Ltd. (currently Mizuho Corporate Bank, Ltd.) |
Publications
- ''Simulation of Futures and Spot Markets by Using an Agent-Based Multi-Market Model'' (with Yasuhiro Hashimoto, Yu Chen, and Hirotada Ohashi), Journal of Advanced Computational Intelligence and Intelligent Informatics, Vol.15 No.2 (March 2011).
- ''The Distribution of Trader Returns under the Influence of Information Asymmetry: A Multi-Agent Simulation Study,'' a paper presented at the Applications of Physics in Financial Analysis 7th International Conference (March 2009).