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MASAKO TSUJIMURA
Department Department of Data Science, Faculty of Data Science Position Associate Professor |
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| Date | 2023/03/31 |
| Presentation Theme | A Flow-of-Funds Analysis of the Japanese Economy: Inequality among Households and among Firms |
| Conference | International Association for Research in Income and Wealth (IARIW) – Bank of Italy Conference “Central Banks, Financial Markets and Inequality” |
| Promoters | International Association for Research in Income and Wealth (IARIW) and Bank of Italy |
| Conference Type | International |
| Presentation Type | Speech (General) |
| Contribution Type | Collaborative |
| Country | Italy |
| Venue | ナポリ |
| Holding period | 2023/03/29～2023/04/01 |
| Publisher and common publisher | Kazusuke Tsujimura and Masako Tsujimura |
| Details | The first economists who systematically exploited the flow-of-funds accounts were Ragnar Frisch and Paolo Baffi who evaluated the consequences of central bank operations on the financial statements of both financial and non-financial sectors. This paper studies inequality not only among households but also among firms using disaggregated National Accounts of Japan by converting it into a who-to-whom flow-of-funds matrix (payer-payee matrix) based on the ideas proposed by Richard Stone and Lawrence Klein. |