The paper comprehensively examined how the shock of disasters and economic crises propagates through loan relationships between the bank and the firm and business transaction in Japan.
The model used in the paper was based on his current model and was expanded by adding actual loan relationships.
The paper was coauthored his team’s previous postdoc, Dr. Krichene, Dr. Chakraborty and Dr. Isogai belonging the Bank of Japan and Tokyo Metropolitan University. This paper is open access. You can read it from the link below.
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0239293
posted by Emiri Sugata
