Research Programs: Industry Frontiers

Dynamics of Economy and Finance from the Economic Network Point of View

Project Leader/Sub-Leader

AOYAMA Hideaki

AOYAMA Hideaki (Faculty Fellow)

Leader

Overview

This project aims to use economic and financial network data, including trade network data original to Japan, to obtain new insights into the macroeconomy. Business cycles, various types of economic crises due to natural disasters and foreign influence, etc. occur as a result of interactions between economic agents such as firms, financial institutions, and governments. Such interactions form networks between them. Furthermore, times series such as financial items, macroeconomic indices, and price data have correlations, which form ties between them as well. Using much of these real big data to construct a multitude of networks and simulation models, we shall reveal the true nature of macroeconomic network dynamics.

July 2, 2018 - June 30, 2020