Institute of Economic Research
Kyoto University

Chief of the Center/Professor: Takamitsu Sawa(Apr. 2004-)
Chief of the Center/Professor: Takeaki Kariya(Apr. 2000-Mar. 2004)

Professor: Yoshihiko Nishiyama
Professor: Akihisa Shibata
Professor: Atsushi Kajii
Associate Professor: Jun Sekine

Visiting Associate Professor: Jan Vecer (May. 2001-Aug. 2001)
Visiting Associate Professor: Shuangzhe Liu (Sep. 2002-Dec. 2002)
Visiting Associate Professor:�@Kenji Kamizono (Apr. 2003-Mar. 2004)
Visiting Associate Professor:�@Tee Kian Heng (May. 2003-Mar. 2005)

2000.12.12-13 "Finance and the Role of Financial Engineering in the 21st Century"
2001.11.8 Stanley. R. Pliska Seminar
2002.9.3 Ioannis Karatzas Seminar
2003.3.11-12 Eckhard Platen Seminar

Jan Vecer "New Pricing of Asian Options, May 2001.
T. Kariya, F. Ushiyama and S. R. Pliska "A 3-factor Valuation Model for Mortgage-Backed Securities (MBS)" September 2002.
T. Kariya "Weather Risk Swap Valuation" 2003.
Kariya, T., Kato, Y., Uchiyama, T. and Suwabe, T. "Valuation of Rental Commercial Retail Properties: Tenant Management and Real Options" March 2003.

"Generalized Least Squares"(T.Kariya and H.Kurata) Wiley
"Asset Pricing"(T. Kariya and R. Y. Liu) Kluwer

Visiting Professor: Yasuyuki Kato
Visiting Professor: Stanley R.Pliska (Oct. 2001- Jan. 2002)
Visiting Professor: Hiroshi Konno (Feb. 2002- Sep. 2002)
Visiting Professor: Souichiro Moridaira (Oct. 2003- Mar. 2004)

2001.10.11 Commemorative Ceremony for Foundation

H. Konno, H. Waki and A. Yuuki "Portfolio Optimization under Lower Partial Risk Measure", 2002.
S. R. Pliska and K. Suzuki "Optimal tracking for asset allocation with fixed and proportional transaction costs" 2002.
Kariya, T., Kato, Y., Uchiyama, T. and Suwabe, T. "Valuation of Rental Commercial Retail Properties: Tenant Management and Real Options" March 2003.