YOSHIKAWA Hiroshi
Faculty Fellow
Senior Research Adviser
Professor, Faculty of Economics, the University of Tokyo
Member, Council on Economic and Fiscal Policy, Cabinet Office, Japan
Senior Research Adviser
Professor, Faculty of Economics, the University of Tokyo
Member, Council on Economic and Fiscal Policy, Cabinet Office, Japan
Research Projects
Programs (2011-2015)
Issues Faced by Japan's Economy and Economic Policy: Demand, productivity, and sustained growth
Policy Research Domains (2006-2010)
The Japanese Economy under Low Fertility and Aging Population: From the perspectives of economic growth, productivity, labor force, and prices
Economic Growth under Conditions of Low Fertility and Aging Population
Issues Faced by Japan's Economy and Economic Policy: Demand, productivity, and sustained growth
Policy Research Domains (2006-2010)
The Japanese Economy under Low Fertility and Aging Population: From the perspectives of economic growth, productivity, labor force, and prices
Economic Growth under Conditions of Low Fertility and Aging Population
Education
1978 Ph.D., Yale University
1974 B.A., the University of Tokyo
1974 B.A., the University of Tokyo
Experience
2001 - present Member, Council on Economic and Fiscal Policy, Cabinet Office, Japan
1995 Visiting Scholar, Department of Economics, University of Sienna
1993 - present Professor, Faculty of Economics, the University of Tokyo
1991 Nissan Fellow, St. Antony's College, Oxford
1988 - 93 Associate Professor, Faculty of Economics, the University of Tokyo
1982 - 88 Associate Professor, Institute of Social and Economic Research, Osaka University
1978 - 82 Assistant Professor, State University of New York, Albany
1995 Visiting Scholar, Department of Economics, University of Sienna
1993 - present Professor, Faculty of Economics, the University of Tokyo
1991 Nissan Fellow, St. Antony's College, Oxford
1988 - 93 Associate Professor, Faculty of Economics, the University of Tokyo
1982 - 88 Associate Professor, Institute of Social and Economic Research, Osaka University
1978 - 82 Assistant Professor, State University of New York, Albany
Selected Publications and Papers
Books and Monographs
Structural Reform and the Japanese Economy (in Japanese), Tokyo: Iwanami shoten, 2003.
Comparing Economic Systems Italy and Japan, (ed. with Andrea Boltho and Alessandro Vercelli), London:Palgrave, 2001.
The Japanese Economy at Crossroads, (in Japanese) Tokyo: Iwanami shoten, 1999.
Macroeconomics and the Japanese Economy, Oxford: Oxford University Press, 1995.
Articles
"Demand Creation/Saturation and Economic Growth," Journal of Economic Behavior and Organization, 48(2), 2002, p.127-154 (with M. Aoki).
"Growth and Fluctuations: the Post-war Japanese Experience," in Lionello F. Punzo ed., Cycles, Growth and Structural Change, London:Routledge, 2001.
"La Politique Economique Face A La Stagnation De L'Economie," Economie Internationale, 84-4, p.13-34, 2000.
"Potential Growth Rate of the Japanese Economy" (in Japanese), Tokyo: Keizai Kenkyu, 50(3), p.228-237, July, 1999.
"Causes of the Long Stagnation of Japan during the 1990's: Financial or Real?", Journal of the Japanese and International Economies, 13, p.118-200, 1999 (with T. Motonishi).
"The Great Depression in Japan: Why Was It So Short?" in Trevor Dick ed., Business Cycles since 1820: New International Perspectives from Historical Evidence, Cheltenham: Edward Elgar, 1998 (with T. Iwami and T. Okazaki).
"High Economic Growth and Its End in Japan: An Explanation by a Model of Demand-led Growth," in M. Okabe ed., The Structure of the Japanese Economy, London: Macmillan, 1995.
"Monetary Policy and the Real Economy in Japan," in Kenneth Singleton ed., Japanese Monetary Policy, Chicago University Press, 1992.
"On the Equilibrium Yen Dollar Rate," American Economic Review, 80(3), June 1990.
"An Analysis of Female Labor Supply, Housing Demand and the Saving Rate in Japan," European Economic Review, 33, 1989 (with F. Ohtake).
"Postwar Business Cycles in Japan: A Quest for the Right Explanation," Journal of Japanese and International Economies, 1(4), December 1987 (with F. Ohtake).
"Financial Volatility and the q Theory of Investment," Economica, 53(209), February 1986 (with K. Ueda).
"Demand-Supply Constraints and Inventory Stock in Macroeconomic Analysis," Economic Studies Quarterly, 35(3), December 1984.
"On the Firms Short-run Quantity Adjustment: 'q' Theory of Goods in Process," Economica, 49(195), August 1982.
"Alternative Monetary Policies and Stability in a Stochastic Keynesian Model," International Economic Review, 22(3), October 1981.
"On the 'q' Theory of Investment," American Economic Review, 70(4), September 1980.
Structural Reform and the Japanese Economy (in Japanese), Tokyo: Iwanami shoten, 2003.
Comparing Economic Systems Italy and Japan, (ed. with Andrea Boltho and Alessandro Vercelli), London:Palgrave, 2001.
The Japanese Economy at Crossroads, (in Japanese) Tokyo: Iwanami shoten, 1999.
Macroeconomics and the Japanese Economy, Oxford: Oxford University Press, 1995.
Articles
"Demand Creation/Saturation and Economic Growth," Journal of Economic Behavior and Organization, 48(2), 2002, p.127-154 (with M. Aoki).
"Growth and Fluctuations: the Post-war Japanese Experience," in Lionello F. Punzo ed., Cycles, Growth and Structural Change, London:Routledge, 2001.
"La Politique Economique Face A La Stagnation De L'Economie," Economie Internationale, 84-4, p.13-34, 2000.
"Potential Growth Rate of the Japanese Economy" (in Japanese), Tokyo: Keizai Kenkyu, 50(3), p.228-237, July, 1999.
"Causes of the Long Stagnation of Japan during the 1990's: Financial or Real?", Journal of the Japanese and International Economies, 13, p.118-200, 1999 (with T. Motonishi).
"The Great Depression in Japan: Why Was It So Short?" in Trevor Dick ed., Business Cycles since 1820: New International Perspectives from Historical Evidence, Cheltenham: Edward Elgar, 1998 (with T. Iwami and T. Okazaki).
"High Economic Growth and Its End in Japan: An Explanation by a Model of Demand-led Growth," in M. Okabe ed., The Structure of the Japanese Economy, London: Macmillan, 1995.
"Monetary Policy and the Real Economy in Japan," in Kenneth Singleton ed., Japanese Monetary Policy, Chicago University Press, 1992.
"On the Equilibrium Yen Dollar Rate," American Economic Review, 80(3), June 1990.
"An Analysis of Female Labor Supply, Housing Demand and the Saving Rate in Japan," European Economic Review, 33, 1989 (with F. Ohtake).
"Postwar Business Cycles in Japan: A Quest for the Right Explanation," Journal of Japanese and International Economies, 1(4), December 1987 (with F. Ohtake).
"Financial Volatility and the q Theory of Investment," Economica, 53(209), February 1986 (with K. Ueda).
"Demand-Supply Constraints and Inventory Stock in Macroeconomic Analysis," Economic Studies Quarterly, 35(3), December 1984.
"On the Firms Short-run Quantity Adjustment: 'q' Theory of Goods in Process," Economica, 49(195), August 1982.
"Alternative Monetary Policies and Stability in a Stochastic Keynesian Model," International Economic Review, 22(3), October 1981.
"On the 'q' Theory of Investment," American Economic Review, 70(4), September 1980.
Others
Prizes and Awards
Yomiuri-Yoshino Sakuzo Award, 2000 (Yomiuri Shimbun)
Economist Award, 1993 (Mainichi Shimbun)
Suntory Award, 1984
Nikkei Economic Book Award, 1984 (Nikkei Shimbun)
Member
Japanese Economic Association, President (2002)
Yomiuri-Yoshino Sakuzo Award, 2000 (Yomiuri Shimbun)
Economist Award, 1993 (Mainichi Shimbun)
Suntory Award, 1984
Nikkei Economic Book Award, 1984 (Nikkei Shimbun)
Member
Japanese Economic Association, President (2002)
