Faculty of Political Science and Economics Waseda UniversityWaseda University


TOMURA Hajime, Professor

Research Interests

Monetary Economics, Payment system.

Academic Degrees

  • Ph.D. (University of London), 2006.

Short Bio

The main field of research is monetary economics. Past research includes: endogenous productivity slowdown due to credit market imperfections; the role of international capital flows in a housing-market boom-bust cycle; monetary policy and a housing-market boom-bust cycle; endogenous asset illiquidity and dynamic bank capital requirements over the business cycle; and the necessity and fragility of the over-the-counter repo market. The current research topic is the theoretical analysis of the payment and settlement system.

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