Ph.D (Economics), University of Tokyo, Mar. 2005

Banking theory

Liquidity

Financial Crisis

Monetary economics

Humanities & social sciences, Theoretical economics

Humanities & social sciences, Economic policy

Humanities & social sciences, Money and finance

01 Apr. 2014
Nihon University, College of Economics, Professor

01 Apr. 2009 - 31 Mar. 2014
Nihon University, College of Economics, Associate professor

Apr. 2006 - 31 Mar. 2009
Nihon University, College of Economics, Lecturer

May 2005 - Mar. 2006
National Graduate Institute for Policy Studies, Assistant professor

2005
University of Tokyo, Graduate School of Economics

1998
University of Tokyo, Faculty of Economics

Best Paper Award, The Second paper contest byJyutaku-Kinyu Forum

Risk sharing and asset commonality in the financial sector
Kenta Toyofuku
Economics Bulletin, Feb. 2022, Refereed

Unit of account, sovereign debt and optimal currency area
Kenta Toyofuku
Journal of International Financial Markets, Institutions and Money, Nov. 2021, Refereed

Stability or restructuring? Macroeconomic dynamics under soft budget constraint problems
Kenta Toyofuku
Economic Systems, Dec. 2013, Refereed, Not invited

The impact of bank health on coordintion among creditors
Kenta Toyofuku
Theoretical economic letters, Apr. 2013, Refereed, Not invited

Ex ante efficiency of structured bargaining procedures under coordination failure among creditors
Kenta Toyofuku
Corporate ownership and control, Oct. 2012, Refereed, Not invited

Forbearance Lending by Banks and Bank Regulation
Kenta Toyofuku
Review of Monetary and Financial Studies, Apr. 2008, Refereed, Not invited

Soft budget constraints, bank capital, and the monetary transmission mechanism
Kenta Toyofuku
Japan and the World Economy, Mar. 2008, Refereed, Not invited

How Forbearance Lending by Banks Affects Business Cycle under Collateral Lending ?
Kenta Toyofuku
Jyutaku Kinyu Forum, Mar. 2008, Refereed, Not invited

Market Discipline by Subordinated Bonds and Policy Intervention
Kenta Toyofuku
Gendai Finance, 2005, Refereed, Not invited

How the Liquidity Holding by Firms Affects the Macroeconomy ?Chapter 4 of Economics of Liquidity (M.Saito and N. Yanagawa eds)
Sumio Hirose; Kenta Toyofuku
Jun. 2002, Not refereed, Not invited

Effects of asset commonality among banks on interbank liquidity allocation and economic fluctuations
Kenta Toyofuku
99th Annual Conference , Western Economic Association International, Jun. 2024

Effects of asset commonality among banks on interbank liquidity allocation and economic fluctuations
Kenta Toyofuku
Japan Society of Monetary Economics, May 2024, Not invited

Asset commonality and liquidity allocation in the banking sector
Kenta Toyofuku
Japanese economic association, Sep. 2023

Unit of Account, Sovereign Debt and Optimal Currency Area
Kenta Toyofuku
The 10th Biennial Conference of Hong Kong Economic Association, Dec. 2018, Not invited

The benefit of common currency as a medium of exchange
Kenta Toyofuku
Japan Society of Monetary Economics, Oct. 2017, 日本金融学会, Not invited

The benefit of common currency as a medium of exchange
Kenta Toyofuku
92nd Annual Conference, Western Economic Association International, Jun. 2017, Western Economic Association International, Not invited

Division of labor and common currency
Kenta Toyofuku
Japanese Economic Association, Sep. 2016, Not invited

Division of labor and common currency
Kenta Toyofuku
2016 Asian meeting of the Econometric society, Aug. 2016, Econometric society, Not invited

Banknotes, liquidity insurance, and the role of interbank settlement
Kenta Toyofuku
Finance and Economics Conference 2013, Jul. 2013, Not invited

The impact of bank health on coordination among creditors
Kenta Toyofuku
The 7th biennial conference of the hong kong economic association, Dec. 2012, Hong Kong Economic Association, Not invited

The impact of bank health on coordination among creditors
Kenta Toyofuku
Japanese Economic Association, Jun. 2012, Not invited

Ex ante efficiency of structured bargaining procedures under coordination failure among creditors
Kenta Toyofuku
International competition in banking: theory and practice, May 2012, Not invited

Ex ante efficiency of structured bargaining procedure under coordination failure among creditors
Kenta Toyofuku
Japanese Economic Association, Sep. 2010, Not invited

How the Soft Budget Problem Affects Business Cycles under Collateral Lending ?
Kenta Toyofuku
Japanese Economic Association, Sep. 2007, Not invited

Soft budget constraints, bank capital, and the monetary transmission mechanism
Kenta Toyofuku
Japanese Economic Association, Jun. 2005, Not invited

Market Discipline by Subordinated Bonds and Policy Intervention
Kenta Toyofuku
Japanese Economic Association, Jun. 2004, Not invited

The Monetary Transmission Mechanism under Bank Capital Crunch
Kenta Toyofuku
Japan Society of Monetary Economics, Jun. 2003, Not invited

Minimum Capital Requirements and Bank's Choice of Liquidation
Kenta Toyofuku
Japanese Economic Association, Oct. 2001, Not invited

Apr. 2018 - Present
American Economic Association

Japanese Economic Association

Japan Society of Monetary Economics

Econometric Society

Western Economic Association International

Money as a unit of account and optimal currency area theory
Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (C), Apr. 2019 - Mar. 2025
豊福 建太

Dynamic analysis of financial crisis under the fluctuation of collateral value and coordination failure among creditors
Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Young Scientists (B), Apr. 2013 - Mar. 2018
TOYOFUKU Kenta

Role of Financial intermediation and monetary policy in order to urge innovation of firms
Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Young Scientists (B), 2009 - 2012
TOYOFUKU Kenta

Global Outsourcing and Dynamics of Economic System
Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (A), 2008 - 2011
INUI Tomohiko; KWON Hyeog ug; IJIRI Naohiko; TOYOFUKU Kenta; TODO Yasuyuki; TOKUI Joji; MATSUURA Toshiyuki; TOMIURA Eiichi; SAKURAI Kojiro; HAYAKAWA Kazunobu; YOKOI Norie

How the soft budget constraint problems affect credit cycles and monetary policy
Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Young Scientists (B), 2006 - 2008
TOYOFUKU Kenta