Synthetic Studies on Business Cycle and Economic Growth-Construction of Business Cycle Models and Empirical Analysis of Japanese Economy

我们试图建立一个系统，使我们能够快速而准确地实时监控日本经济，并利用它进行适当的政策管理。更具体地说，我们从经济周期阶段判断的角度对日本经济进行了实证分析，并基于经济制度的历史路径，研究了通过激活技术创新和改变产业结构来改善经济绩效的中长期可能性。我们还对商业周期机制进行了理论研究，并开发了新的统计和计量经济学模型。

We attempted to establish a system with which we monitor the real time Japanese economy both quickly and precisely and utilize it for an appropriate policy management. More concretely we conducted positive analyses of the Japanese economy from the view point of business cycle phase judgment and, based on the historical path of economic institutions, we also studied a possibility of medium-to long-term improvement of economic performances by activating technological innovations and altering the industry structure. We also pursued theoretical investigations of the business cycle mechanism and developed new statistical and econometrical models.