TOYOFUKU Kenta

College of EconomicsProfessor

Degree

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

Research Keyword

  • Liquidity
  • Financial Crisis
  • International Finance
  • monetary economics

Field Of Study

  • Humanities & social sciences, Theoretical economics
  • Humanities & social sciences, Economic policy
  • Humanities & social sciences, Money and finance

Career

  • 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

Educational Background

  • 2005
    University of Tokyo, Graduate School of Economics
  • 1998
    University of Tokyo, Faculty of Economics

Award

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

Paper

  • 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
    Gensai 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

Lectures, oral presentations, etc.

  • 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

Affiliated academic society

  • Apr. 2018 - Present
    American Economic Association
  • Japanese Economic Association
  • Japan Society of Monetary Economics
  • Econometric Society
  • Western Economic Association International

Research Themes

  • 貨幣の価値尺度の機能からみた最適通貨圏の決定メカニズム
    Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research (C), Apr. 2019 - Mar. 2024
    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