OSANO Hiroshi

J-GLOBAL         Last updated: Jun 13, 2019 at 13:03
OSANO Hiroshi
Kyoto University
Institute of Economic Research, Economic Information Analysis Division
Doctor of Economics(Osaka University)

Research Areas



Graduate School, Division of Economics, Osaka University
Faculty of Economics, Kyoto University

Published Papers

Credit Default Swaps and Market Information
OSANO Hiroshi
Journal of Financial Markets      2019   [Refereed]
Keiichi Hori and Hiroshi Osano
JAPANESE ECONOMIC REVIEW   68(4) 521-554   Dec 2017   [Refereed]
Hori Keiichi, Osano Hiroshi
REVIEW OF FINANCIAL STUDIES   27(12) 3699-3701   Dec 2014   [Refereed]
K. Hori; H. Osano
Review of Financial Studies   26(10) 2620-2647   Oct 2013   [Refereed]
K. Hori; H. Osano
Journal of Corporate Finance   29 607-627   Dec 2014   [Refereed]
M. Kobayashi; H. Osano
Journal of Financial Intermediation   21(4) 659-693   Oct 2012   [Refereed]
M. Kobayashi; H. Osano
Journal of the Japanese and International Economies   25(3) 336-354   Sep 2011   [Refereed]
H. Osano
Journal of Institutional and Theoretical Economics   167(2) 202-223   Jun 2011   [Refereed]
N. Akai; K. Mizuno; O. Hiroshi
Journal of Institutional and Theoretical Economics   166(4) 614-640   Dec 2010   [Refereed]
K. Hori; H. Osano
Journal of Economic Dynamics and Control   33(12) 1962-1980   Dec 2009   [Refereed]
Reforming corporate Governance and Employment Relations
Mami Kobayashi (Kindai University),Hiroshi Osano
Employment Relations: Changing Scenario, Bharti Thakor ed (ed.)      2008   [Refereed]
証券化,内部モニタリング, 金融市場
Ruud. A. I. van Frederikslust, James S. Ang and Sudi Sudarsanam (eds.) Corporate Governance and Corporate Finance, Routledge Books, 2007      2007   [Refereed]
H. Osano; M. Kobayashi
Research in Economics   59(4) 345-364   2005   [Refereed]
Reformong Corporate Governance and employment Relations
Mami Kobayashi (Kinki University),Hiroshi Osano
Japan Labor Review, Vol.2, pp. 58-80      2005   [Refereed]
On Executive Agency Systems
Keizo Mizuno (Kwansei Gakuin University),Nobuo Akai (Osaka Unuiversity),Hiroshi Osano
Osaka Economic Papers, Vol.55, pp.153-159      2005
Hiroshi Osano
The Japanese Economic Review, Vol.56, pp.223-247      2005   [Refereed]
H. Fujiki; H. Osano; H. Uchida
Japanese Economic Review   55(4) 372-400   Dec 2004   [Refereed]
H. Osano
Journal of Corporate Finance   10(4) 615-638   Sep 2004   [Refereed]
H. Osano
Japanese Economic Review   54(3) 300-323   Sep 2003   [Refereed]
Dynamic Asset Investment Analysis of Japanese Life Insurance Companies under Regulation
Yuiichi Fukuta (Osaka University),Hiroshi Osano
Problems and Perspectives of Management, Vol.1, pp. 43-58      2003   [Refereed]
Lender Liability and Cleanup Procedure: A Comparison
Mami Kobayashi (Kyoto University),Hiroshi Osano
Journal of Economic Research, Vol. 8, pp. 169-178      2003   [Refereed]
H. Osano
Journal of Banking and Finance   26(1) 25-49   Jan 2002   [Refereed]
Injection of Public Funds into Banks under Deposit Insurance and Bank Regulation
Hiroshi Osano
Banking, Capital Markets, and Corporate Governance, Hiroshi Osano and Toshiaki Tachibanaki (eds.), Palgrave, New York      2001   [Refereed]
Implementation of multi-agent incentive contracts with the principal\ś renegotiation offer
H. Osano
Review of Economic Design   4(2) 161-177   1999   [Refereed]
Security Design, Insider Monitoring, and Financial Market Equilibrium
小佐野 広
Review of Finance,2/,273-302      1999   [Refereed]
H. Osano
Journal of Economic Behavior and Organization   37(2) 207-230   Oct 1998   [Refereed]
Default and renegotiation in financial distress in the multiple bank model: An analysis of the main bank system
H. Osano
Japanese Economic Review   49(2) 138-157   1998   [Refereed]
H. Osano
Journal of the Japanese and International Economies   11(3) 403-436   Sep 1997   [Refereed]
H. Osano
Journal of Banking and Finance   20(6) 1047-1068   Jul 1996   [Refereed]
Breach of contracts and renegotiation in corporate takeovers
H. Osano
Japanese Economic Review   47(4) 346-367   1996   [Refereed]
H. Osano
Journal of Economic Theory   65(2) 435-467   Apr 1995   [Refereed]
"Main Bank System, Implicit Contracts and Trust in Deferred Payment Arrangements," Labour Market and Economic Performance: Europe
Hiroshi Osano,Toshio Serita (Aoyama Gakuin University)
Japan and the USA, Toshiaki Tachibanaki (ed.), Macmillan, London, pp.312-346      1994   [Refereed]
Basic Research and Applied R & D in a Model of Endogenous Economic Growth
Hiroshi Osano
大阪大學經濟學   42(1) 144-167   1992
INTERNATIONAL ECONOMIC REVIEW   32(3) 669-688   Aug 1991   [Refereed]
Coordination Failure and Economic Growth
Hiroshi Osano
Osaka Economic Papers, Vol.40      1991
H. Osano
Journal of Economic Theory   50(1) 175-192   Feb 1990   [Refereed]
Coordination Failure and Long Run Growth
小佐野 広
大阪大學經濟學   40(1) 102-125   1990   [Refereed]
Implicit Contracts and Reputations
小佐野 広
季刊理論經濟學   40(2) 109-121   1989   [Refereed]
Implicit contracts in the Japanese labor market
H. Osano; T. Inoue
Journal of The Japanese and International Economies   2(2) 181-198   1988   [Refereed]
Social Security and Lifetime Employment Contract
Hiroshi Osano
季刊理論經濟學   38 107-123   1987   [Refereed]
Social Security and Lifetime Employment Contract
小佐野 広
Economic Studies Quarterly,38/2      1987   [Refereed]
Credit rationing and implicit contract theory. An empirical study
H. Osano; Y. Tsutsui
International Journal of Industrial Organization   4(4) 419-438   1986   [Refereed]
Price decision and Capacity Investment of Public Utilities Under Uncertainty
小佐野 広
Economic Studies Quarterly,35/1      1984   [Refereed]
The Structural Stability of an Implicit Labor Contract System
小佐野 広
Economic Studies Quarterly,34/2      1983   [Refereed]
Credit Rationing and Implicit Contract Theory : An Empirical Study
小佐野 広
International Journal of Industrial Organization,4/4      [Refereed]


Kobayashi Mami, Osano Hiroshi
Journal of Financial Intermediation   21(4) 659-693   Oct 2012
We consider the role of the nonrecourse financing of securitization by a financial institution (FI). Our model suggests that even though the FI has the opportunity to provide liquidity support afterward, it is optimal for the FI to use the nonreco...
Osano Hiroshi, Hori Keiichi
Journal of Behavioral Economics and Finance   5(0) 252-255   2012
This paper describes recent trends in CEO compensation of US and Japanese firms, a brief summary of continuous-time agency models, and some results obtained from Hori and Osano (2012) that incorporates manager’s loss aversion. Recently, CEO ...
Hiroshi Osano
Corporate Governance and Corporate Finance: A European Perspective   135-156   Dec 2007
© 2008 Selection and editorial matter, Ruud A. I. van Frederikslust, James S. Ang and P. Sudi Sudarsanam; individual chapters, the contributors. All rights reserved. This paper considers a problem of security design in the presence of monitoring d...
Yuichi Fukuta, Hiroshi Osano
Problems and Perspectives in Management   1 42-57   Jan 2003
The purpose of this paper is to give the estimation framework for considering whether or not regulatory constraints imposed on the Japanese life insurance industry can explain the behavior of Japanese life insurance companies with respect to their...
OSANO Hiroshi
The Monthly journal of the Japan Institute of Labour   44(10) 33-43   Oct 2002

Books etc

Moral Hazard and Renegotiation in Multi-agent Incentive Contracts When Each Agent Makes a Renegotiation Offer
Hiroshi Osano
Kyoto Institute of Economic Analysis, Discussion Paper No.466   1997   
Wealth Dynamics and Endogenous Firm Organization Design
Hiroshi Osano
Kyoto Institute of Economic Analysis, Discussion Paper No.472   1997   
A Test of Job Search Theory in Urban Areas of Bolivia
Masako Ii (Yokohama National University),Hiroshi Osano
Kyoto Institute of Economic Analysis, Discussion Paper No.471   1997   
Moral Hazard and Renegotiation in Multi-agent Incentive Contracts When the Principal Makes a Renegotiation Offer
Hiroshi Osano
Kyoto Institute of Economic Analysis, Discussion Paper No.461   1997   
The Dynamics of Consumption Distribution and Firm Organization Design under Private Information
Hiroshi Osano
Kyoto Institute of Economic Analysis, Discussion Paper No.465   1997   

Research Grants & Projects

Distribution Theory and Firm Organization
Mechanism design of Bank Bailout
Security Design Theory