Chiaki Hara Kyoto University   Institute of Economic Research Kyoto University Hoshida-Honmachi, Sakyo-ku Kyoto, Kyoto 606-8501 Japan   hara@kier.kyoto-u.ac.jp   http://www.kier.kyoto-u.ac.jp/~hara/       Primary Research Focus: General equilibrium with applications to financial markets   JEL Areas: D5 : General Equilibrium and Disequilibrium: General G1 : General Financial Markets: General (includes Measurement and Data)