{"id":6295,"date":"2019-05-27T09:01:36","date_gmt":"2019-05-27T00:01:36","guid":{"rendered":"https:\/\/www.waseda.jp\/inst\/wias\/?p=6295"},"modified":"2019-05-27T09:53:19","modified_gmt":"2019-05-27T00:53:19","slug":"__trashed-2-35","status":"publish","type":"post","link":"https:\/\/www.waseda.jp\/inst\/wias\/news-en\/2019\/05\/27\/6295\/","title":{"rendered":"Waseda Organizational and Financial Economics Seminar:  &#8220;Stock Lending Market and the BOJ&#8217;s ETF Purchasing Program: Micro-data Analysis&#8221; (June 3)"},"content":{"rendered":"<h4>Waseda Organizational and Financial Economics Seminar:<br \/>\n&#8220;Stock Lending Market and the BOJ&#8217;s ETF Purchasing Program: Micro-data Analysis&#8221; (June 3)<\/h4>\n<h5>\u8b1b\u6f14\u8005 \/ Speaker<\/h5>\n<p><a href=\"http:\/\/researchers.waseda.jp\/profile\/en.dc4ea4c9bea991ce0760b5f9d238652e.html\">SHINO, Junnosuke<\/a> \uff08Assistant Professor, Waseda University\uff09<\/p>\n<ul>\n<li><u>Field of Research Interests<\/u><br \/>\nApplied microeconomics, financial economics, game theory<\/li>\n<\/ul>\n<h5>\u65e5\u3000\u6642 \/ Date &amp; Time<\/h5>\n<p>Monday, 3 June 2019, 13:00 \u2013 14:30<\/p>\n<h5>\u4f1a\u3000\u5834 \/ Venue<\/h5>\n<p><a href=\"https:\/\/www.waseda.jp\/top\/en\/access\/waseda-campus\">Rm. #1111 on the 11th floor, Building #11, Waseda University<\/a><\/p>\n<h5>\u4e3b\u3000\u65e8 \/ Outline<\/h5>\n<p>&#8220;Stock Lending Market and the BOJ&#8217;s ETF Purchasing Program: Micro-data Analysis&#8221;<\/p>\n<p style=\"text-align: justify;\">This analysis examines the effects of the Bank of Japan&#8217;s ETF purchasing program on stock lending market. The ETF program has, in contrast to other asset purchasing programs, a unique characteristic: stocks that constitute ETFs held by the BOJ can be lent freely by ETF managers. We focus on two different micro-datasets of stock lending: ETF balance sheet data released by asset management companies and equity repo trading data, and it is shown that stock lending trades have been continuously expanded and the sensitivities of the trades to market liquidity and valuations have been increased by the BOJ\u2019s purchasing program.<\/p>\n<h5>\u30d7\u30ed\u30b0\u30e9\u30e0 \/ Schedule<\/h5>\n<p>13:00\uff5e13:05 Opening Remarks \uff08MIYAJIMA,\u00a0Hideaki (Advisor, WIAS \/ Professor, Waseda University)\uff09<br \/>\n13:05\uff5e14:05 Presentation<br \/>\n14:05\uff5e14:25 Question-and-answer session<br \/>\n14:25\uff5e14:30 Concluding Remarks\uff08MIYAJIMA,\u00a0Hideaki \uff09<\/p>\n<h5>\u5bfe\u3000\u8c61 \/ Prospected Audience<\/h5>\n<p>Faculty and staff members of a university, grad students, undergraduates, the general public<\/p>\n<h5>\u4e3b\u3000\u50ac \/ Organizer<\/h5>\n<p>Research Institute of Business Administration, Waseda University<br \/>\nWaseda Institute for Advanced Study, Waseda University<\/p>\n<h5>\u7533\u8fbc\u307f \/ Registration<\/h5>\n<p>Free of charge. Please come to the event venue directly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Waseda Organizational and Financial Economics Seminar: &#8220;Stock Lending Market and the BOJ&#8217;s ETF Pur [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[95],"tags":[82,94,73],"class_list":["post-6295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-events-en","tag-general-en","tag-research-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts\/6295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/comments?post=6295"}],"version-history":[{"count":0,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/posts\/6295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/media\/2762"}],"wp:attachment":[{"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/media?parent=6295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/categories?post=6295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/wias\/wp-json\/wp\/v2\/tags?post=6295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}