IOKIBE Shingo
Faculty of Commerce Department of Commerce
Professor
Last Updated :2025/06/22

Researcher Profile and Settings

      Research funding number

      30411060

    Research Interests

    • financial crisis
    • 国際資本移動
    • capital mobility
    • the current account

    Research Areas

    • Humanities & social sciences / Theoretical economics / Open macro economics
    • Humanities & social sciences / Money and finance / International finance

    Research Experience

    • Doshisha University, Faculty of Commerce, professor, 2023/04 - Today
    • Doshisha University, Faculty of Commerce, Associate Professor, 2009/04 - 2023/03
    • Doshisha University, Faculty of Commerce, Lecturer, 2007/04 - 2009/03
    • Doshisha University, Faculty of Commerce, Lecturer (non-tenure), 2005/04 - 2006/03

    Education

    • Kobe University, Graduate School of Economics, Doctoral course, 総合経済政策専攻, 2002/04 - 2005/03
    • Kobe University, Graduate School of Economics, Master course, 総合経済政策専攻, 2000/04 - 2002/03
    • Kyoto University, Faculty of Letters, 1995/04 - 1999/03

    Association Memberships

    • 日本金融学会
    • 日本国際経済学会
    • 日本経済学会
    • Japan Society of Monetary Economics
    • Japan Society of International Economics

    Awards

    • 小島清賞優秀論文賞(日本国際経済学会)
      2007, Japan

    Published Papers

    • Destination of Global Liquidity Before the Global Financial Crisis: Role of Foreign Bank Presence and the EU Effect
      Shingo Iokibe
      Global Financial Flows in the Pre- and Post-global Crisis Periods (Kobe University Monograph Series in Social Science Research), Springer Nature Singapore, 19 - 66, 05 Sep. 2022, In book
    • FDI貿易収支
      五百旗頭真吾
      同志社商学, 74(2) 335 - 345, Sep. 2022, Research institution
    • 世界金融危機後の国際銀行フロー:何が明らかにされたのか
      五百旗頭真吾
      同志社商学, 72(6) 273 - 291, Mar. 2021, Research institution
    • グローバル流動性とマクロプルーデンス政策
      五百旗頭真吾
      社会科学, 45(4) 77 - 104, Feb. 2016
    • The exchange rate pass-through and the current account adjustment reconsidered
      五百旗頭真吾
      Review of monetary and financial studies, 日本金融学会, (25) 34 - 54, 2007
    • The U.S. Current Account Deficit and the Dollar: Another Implication of an Incomplete Pass-Through
      Iokibe Shingo
      The International Economy, The Japan Society of International Economics, (10) 15 - 33, 2006

    MISC

    • FDI貿易収支
      五百旗頭真吾
      同志社商学, 74(2) 335 - 345, 30 Sep. 2022
    • 世界金融危機後の国際銀行フロー:何が明らかにされたのか
      五百旗頭真吾
      同志社商学, 72(6) 273 - 291, Mar. 2021
    • 世界金融危機前の対EU銀行間資本フローと固定相場効果
      五百旗頭真吾
      同志社商学, 70(6) 485 - 503, Mar. 2019
    • 世界金融危機後のグローバル・インバランス―経常収支調整の地域格差とその要因―
      五百旗頭 真吾
      藤田誠一・松林洋一・北野重人編『グローバル・マネーフローの実証分析:金融危機後の新たな課題』第2章, 29 - 55, Aug. 2014
    • Two patterns of current account reversal : shift-type and V-shaped
      Iokibe Shingo
      The social science, Doshisha University, 43(2) 47 - 77, Aug. 2013
    • Do faster growing economies run current account deficits? a theoretical reappraisal of the role of utility functions
      Iokibe Shingo
      同志社商学, Doshisha University, 64(5) 417 - 437, Mar. 2013
    • Reexamining the Relationship between Net Foreign Assets and the Current Account
      Shingo Iokibe
      Doshisha Shogaku, Doshisha University, 64(6) 408 - 425, Mar. 2013
    • 経常収支の調整パターン:シフト型とV字型
      五百旗頭真吾
      藤田誠一・岩壺健太郎編『グローバル・インバランスの経済分析』, 69 - 104, Oct. 2010
    • 証券化市場の成長とグローバル・インバランス
      五百旗頭真吾
      同志社大学人文科学研究所編『金融システム改革と現代経済』, 151 - 187, Mar. 2010
    • The changes in international capital flow caused by the financial crisis: comparative analysis to the past examples of current account reversal
      五百旗頭真吾
      Journal of JBIC International Research Office, 日本政策金融公庫国際協力銀行国際経営企画部, 3(3) 31 - 48, Nov. 2009
    • Current Account Reversals and Stock Market Bubbles
      Iokibe Shingo
      The social science, Doshisha University, 82(82) 59 - 85, Nov. 2008
    • Export Demand Shocks and Current Account
      Shingo Iokibe
      同志社商学, 同志社大学商学会, 57(1) 76 - 104, Oct. 2005
    • 変動相場制下の経常収支と為替レート・パススルー
      五百旗頭真吾
      博士論文, 2005
    • Trade Structure and Japanese Import Pass-Through
      Iokibe Shingo
      The Rokkodai ronshu. Keizaigaku-hen, Kobe University, 49(4) 25 - 45, 2003
    • 為替レートと貿易財価格に関する研究:日本の貿易構造変化の観点から
      五百旗頭真吾
      修士論文, 2002

    Books etc

    • 国際金融論のエッセンス
      高浜 光信; 高屋 定美
      文眞堂, 31 Mar. 2021, Contributor, 第5章
    • 身近に感じる国際金融
      飯島, 寛之; 五百旗頭, 真吾; 佐藤, 秀樹; 菅原, 歩
      有斐閣, Jun. 2017, Joint work, 第1章・第4章
    • エッセンシャル金融論
      植田 宏文; 丸茂 俊彦; 五百旗頭
      中央経済社, Apr. 2015, Joint work, 第3・8・9章

    Presentations

    • 近年の日本の経常収支について:対外直接投資拡大と政府債務累積の観点から
      五百旗頭 真吾
      日本金融学会国際金融部会, 27 Aug. 2022, Oral presentation
    • 経常収支の調整パターン:シフト型とV字型
      五百旗頭
      社会経済史学会 東北部会, 23 Mar. 2021, Oral presentation
    • Destination of Global Liquidity Before the Global FInancial Crisis: Role of Foreign Bank Presence and the EU Effect
      Shingo Iokibe
      45th Annual Conference of Eastern Economic Association, 03 Mar. 2019, 28 Feb. 2019, 03 Mar. 2019, Oral presentation,
    • Destination of Global Liquidity and Role of Foreign Banks
      IOKIBE Shingo
      日本金融学会 秋季全国大会, 20 Oct. 2018, Oral presentation
    • Why Doesn’t Capital Flow into Faster Growing Economies? : The Role of Utility Functions
      IOKIBE Shingo
      日本経済学会 秋季大会, 10 Sep. 2016, Oral presentation
    • Do Faster Growing Economies Run Current Account Deficits? A Theoretical Reappraisal of the Role of Utility Functions
      五百旗頭
      日本金融学会 国際金融部会, 11 Apr. 2015, Oral presentation
    • Do Faster Growing Economies Run Current Account Deficits? A Theoretical Reappraisal of the Role of Utility Functions
      五百旗頭
      日本金融学会 秋季全国大会, 18 Oct. 2014, Oral presentation
    • Patterns of Current Account Reversal: Shift-type vs. V-shaped
      IOKIBE Shingo
      日本金融学会 関西部会, 17 Mar. 2012, Invited oral presentation
    • Two Patterns of Current Account Reversals
      IOKIBE Shingo
      日本金融学会 秋季全国大会, 25 Sep. 2010, Invited oral presentation
    • International Financial Integration and Increasing Demand for International Liquidity
      IOKIBE Shingo
      日本国際経済学会 全国大会, 14 Oct. 2006, Oral presentation
    • 米国の経常収支赤字とドル:「新しい開放マクロ経済学」に基づくアプローチ
      五百旗頭
      日本国際経済学会 全国大会, 15 Oct. 2005, Oral presentation
    • Vertical Specialization, Exchange Rate Pass-Through, and External Adjustment
      IOKIBE Shingo
      日本金融学会 秋季全国大会, 25 Oct. 2003, Oral presentation

    Research Projects

    • Theoretical exploration on the current account surplus and income inequality in China
      Young Scientists(B), 2012 -2015, Competitive research funding
    • How to Control Global Imbalance
      FUJITA Seiichi; MATSUBAYASHI Yoichi; KITANO Shigeto; INOGUCHI Masahiro; IOKIBE Shingo; FUKUMOTO Yukio; HOSHIWAKA Takeshi; SHIBAMOTO Masahiko; YAMAMOTO Shugo
      In this project, we tried to examine the feasibility of the global imbalance adjustment both theoretically and empirically. The emergence of huge external imbalances in the world economy had been a peculiar phenomenon in 2000s. Consequently, the research fields include not only the change of current account but also the movements of flow of funds from net and gloss sides and transmission mechanism of macroeconomic policy in the advanced economy. Our research member held a research meeting on a regular basis and made progress in our studies. This project was finally succeeded as a publication of the academic book titled The empirical study of Global money flow: the new challenging subject after financial crisis. In this book we gained success to investigate empirically the possibility and feasibility of the global imbalance from various perspectives and it has draws many academicians'attention., Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research, 2011/11 -2014/03, Grant-in-Aid for Scientific Research (B), Kobe University
    • Market based Indirect Finance and Macro Stability Policy
      UEDA Hirofumi; FUJIWARA Hideo; MARUMO Toshihiko; IOKIBE Shingo; HAYASHIDA Hideki
      The purpose of this research is to examine the financial channel for economic growth through financial reformation in the expansion of marked based indirect finance. We have also researched the effects of the financial reformation in theoretical and empirical methods. These kinds of research will contribute to making clear the background of economic problems nowadays and showing the ways to be needed for future., Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research, 2008 -2010, Grant-in-Aid for Scientific Research (C), Doshisha University
    • Research on Global Imbalance and a New Adjustment Mechanism
      FUJITA Seiichi; MATSUBAYASHI Toichi; KENTARO Iwatsubo; SHIGETO Kitano; SHINGO Iokibe; HOSHIKAWA TAKESHI
      Main findings are as follows, (1)Global Imbalance can be analyzed from various view points, (2)Adjustment mechanism through exchange rate movements has become weak, (3)Causes of current account surplus of China is excessive savings and the revaluation effects of RMB is seemed to be small, (4)Yen-carry trade can be seen as a cause of World Financial Crisis. (See Seiichi FUJITA and Kntaro IWATSUBO eds. Economic Analysis of Global Imbalance, Yuhikaku, 2010., Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research, 2008 -2010, Grant-in-Aid for Scientific Research (B), Kobe University
    • Drivers of International Financial Integration and the U. S. Current Account Deficit
      IOKIBE Shingo
      90年代末以降急拡大したアメリカの経常収支赤字が今後縮小するとしても、名目ドル相場急落の可能性は低い。その理由は、(1)為替相場変動の輸入物価への浸透効果が近年低下したこと、(2)アメリカの場合、輸出入の相対価格に対する感応度と消費の金利変化に対する感応度がともに小さいことの二つである。また経常収支赤字が株価バブルにより引き起こされた場合、バブル崩壊後、急激に赤字が縮小する可能性がある。アメリカの経常収支赤字拡大がITバブルと住宅バブルを伴った点を考えると、今後赤字が反転する可能性は十分にある。, Japan Society for the Promotion of Science, Grants-in-Aid for Scientific Research, 2006 -2008, Competitive research funding, Grant-in-Aid for Young Scientists (B), Doshisha University

    Comments

    • Current Account
    • Global Imbalances of current account

    Teaching Experience

    • 証券論
      同志社大学商学部
    • 貨幣論
      同志社大学商学部