Featured (FY2016)

Does the Inclusion of R&D Spending in GDP Calculation Affect the Distribution of Resources?

March 31, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

TAMURA Suguru (Senior Fellow, RIETI)

Problem of Fiscal "Free Riding" Policy

March 27, 2017 [Newspapers & Magazines]

TSURU Kotaro (Faculty Fellow, RIETI)

Special Zones for Structural Reform Contribute to Productivity Growth

March 24, 2017 [Newspapers & Magazines]

MIYAGAWA Tsutomu (Faculty Fellow, RIETI)

Globalisation and economic nationalism

March 22, 2017 [Perspectives from Around the World]

Italo COLANTONE (Assistant Professor of Economics, Bocconi University) / Piero STANIG (Assistant Professor of Political Science, Bocconi University)

"Sharing the Inconvenience" for the Sake of Work Style Reform

March 21, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

UENO Toru (Consulting Fellow, RIETI)

Corporate Governance and Growth Strategies

March 16, 2017 [RIETI Books (Japanese)]

Written and edited by MIYAJIMA Hideaki

Industrial Policy in Japan: 70-Year History since World War II

March 14, 2017 [Newspapers & Magazines]

OKAZAKI Tetsuji (Faculty Fellow, RIETI)

A Yen for Change: The strong yen and the Japanese automobile industry

March 8, 2017 [Non Technical Summaries]

Willem THORBECKE (Senior Fellow, RIETI)

R-Star and the Yellen rules

March 8, 2017 [Perspectives from Around the World]

Henrike MICHAELIS (Economist, German Council of Economic Experts) / Volker WIELAND (Endowed Chair of Monetary Economics, Institute for Monetary and Financial Stability, Goethe University Frankfurt; CEPR Research Fellow)

China Should Be Cautious in Promoting Capital Account Liberalization:
Tightening of capital controls may still be needed in times of emergency

February 28, 2017 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

A Broader Concept of Capital Formation and the Direction of Corporate Strategy

February 22, 2017 [Newspapers & Magazines]

MIYAGAWA Tsutomu (Faculty Fellow, RIETI)

Development and Utilization of Human Resources in an Era of a Declining Population: Work style reform holds the key to bringing out the skills and talent of people

February 17, 2017 [Newspapers & Magazines]

KAWAGUCHI Daiji (Faculty Fellow, RIETI)

US tariffs are an arbitrary and regressive tax

February 15, 2017 [Perspectives from Around the World]

Jason FURMAN (Chairman, Council of Economic Advisers) / Katheryn RUSS (Associate Professor of Economics at University of California, Davis; Faculty Research Fellow, NBER) / Jay SHAMBAUGH (Member of the Council of Economic Advisers (on leave from George Washington University))

Redesigning the Health Insurance Coverage of Medications to Reflect the Efficacy and Usefulness of Drugs

February 1, 2017 [Newspapers & Magazines]

OGURO Kazumasa (Consulting Fellow, RIETI) / SUGAHARA Takuma (Professor, Hosei University)

Are happy workers more productive?
Firms' concerns about the well-being of their employees are largely supported by the evidence

January 31, 2017 [From IZA]

Eugenio PROTO (Associate Professor in Economics at University of Warwick)

Concerns over Accelerating Capital Outflow and Intensifying Trade Friction with the United States Caused by the Depreciation of Yuan

January 31, 2017 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

China's Housing Market Entering a Correction Phase

January 30, 2017 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

China Embarking on the Reduction of Corporate Debt:
Will debt/equity swaps be the trump card?

January 27, 2017 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

China Becoming a Major Innovation Power:
Research and development capabilities approaching those of developed countries

January 26, 2017 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

The Coming Age of Anti-Globalism: From the perspective of inter-organizational networks

January 24, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

SAITO Yukiko (Senior Fellow, RIETI)

World Economy at Risk of Turning into a Zero-Sum Game: Innovation and differentiation are essential

January 24, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

NAKAJIMA Atsushi (Chairman, RIETI)

Theory and Practice in Free Trade

January 18, 2017 [Newspapers & Magazines]

ISHIKAWA Jota (Faculty Fellow, RIETI)

Is Uncertainty Really a Problem?

January 17, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

SEKIZAWA Yoichi (Senior Fellow, RIETI)

Spread of "Election-endorsed" Protectionism

January 16, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

ITO Banri (Research Associate, RIETI)

The Russian Economy Holds the Key to Success of the Japanese Economy in 2017

January 12, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

FUJI Kazuhiko (Senior Fellow, RIETI)

A Piece of Evidence of Equal Pay for Equal Work

January 12, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI)

Demography and the Japanese Economy

January 12, 2017 [BBL Seminars]

YOSHIKAWA Hiroshi (Senior Advisor and Faculty Fellow, RIETI / Professor, Faculty of Economics, Rissho University)

The Trump Administration: Meaning and formation

January 10, 2017 [Priorities for the Japanese Economy in 2017 (January 2017)]

YAMAGUCHI Kazuo (Visiting Fellow, RIETI)

The Uncertain Consequences of Brexit

January 5, 2017 [Policy Update]

Richard BALDWIN (President, CEPR / Professor, Graduate Institute, Geneva)

Policy analysis in a post-truth world

January 4, 2017 [Perspectives from Around the World]

Charles MANSKI (Board of Trustees Professor in Economics, Northwestern University)

Blind Corner of Public Pension System Reform: What is needed for the evolution of reform debate?

December 28, 2016 [Priorities for the Japanese Economy in 2017 (January 2017)]

OGURO Kazumasa (Consulting Fellow, RIETI)

Future Course of the Trump Administration and U.S. Policy on Global Warming

December 28, 2016 [Priorities for the Japanese Economy in 2017 (January 2017)]

ARIMA Jun (Consulting Fellow, RIETI)

What Must Regional Financial Institutions Do to Take Advantage of Fintech?

December 28, 2016 [Priorities for the Japanese Economy in 2017 (January 2017)]

YAMORI Nobuyoshi (Faculty Fellow, RIETI)

Why Are So Many Chinese Internet Companies Listed Overseas?
The advantages and disadvantages of the VIE structure

December 27, 2016 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

Shock propagations in granular networks

December 26, 2016 [Research Digest]

FUJII Daisuke (Fellow, RIETI)

Deflationary Expectation Caused by Future Concerns

December 22, 2016 [Newspapers & Magazines]

KOBAYASHI Keiichiro (Faculty Fellow, RIETI)

Trade Agreements and the Prospects for Global Trade

December 22, 2016 [Perspectives from Around the World]

Michele RUTA (Lead Economist, Trade & Competitiveness Global Practice, World Bank)

The People's Money: How China is Building a Global Currency

December 14, 2016 [BBL Seminars]

Paola SUBACCHI (Director, International Economics, Chatham House)

Industry-Academia Collaborations for Open Innovation in Japan: OECD's latest survey as seen in cases from the United States and Europe

December 13, 2016 [BBL Seminars]

Mario CERVANTES (Senior Economist and Head of TIP Secretariat, Science and Technology Policy Division, OECD Directorate for Science, Technology and Innovation)

The limitations of randomised controlled trials

December 12, 2016 [Perspectives from Around the World]

Angus DEATON (Senior Scholar and Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus, Woodrow Wilson School of Public and International Affairs and Economics Department, Princeton University) / Nancy CARTWRIGHT (Distinguished Professor, University of California, San Diego; Professor of Philosophy, Durham University)

Reversal of regional trade agreements: Consequences of Brexit and Trumpit for the multinational car industry

December 1, 2016 [Perspectives from Around the World]

Keith HEAD (Professor in the Strategy and Business Economics division at the Sauder School of Business at the University of British Columbia) / Thierry MAYER (Professor of Economics at Sciences-Po and CEPR Research Fellow)

Part 1: Japan's First Set of National Accounts Data Consistent with the Latest UN Recommendations to Be Released in December 2016

November 21, 2016 [Revision of the International Standard for GDP Compilation and Challenges Ahead]

NOMURA Koji (Faculty Fellow, RIETI)

Washington Perspective on TPP and Trade Policy in the Clinton (Trump?) Administration

November 17, 2016 [BBL Seminars]

Sherman E. KATZ (Senior Advisor, Center for the Study of the Presidency & Congress (CSPC))

Abenomics & Inclusive Growth

November 11, 2016 [Newspapers & Magazines]

AOYAGI Chie (Consulting Fellow, RIETI) / Giovanni GANELLI (Consulting Fellow, RIETI)

Transportation and the United States Economy: Implications for governance

November 10, 2016 [BBL Seminars]

Clifford WINSTON (Senior Fellow, Economic Studies, The Brookings Institution)

The Impact of a Permanent Income Shock on Consumption: Evidence from Japan's 2014 VAT increase

November 2, 2016 [Research Digest]

UNAYAMA Takashi (Faculty Fellow, RIETI)

Offshoring, biased technical change and labour demand: New evidence from global value chains

October 31, 2016 [Perspectives from Around the World]

Laurie REIJNDERS (Postdoc, University of Groningen) / Marcel TIMMER (Professor of Economic Growth and Development at the University of Groningen; Director of the Groningen Growth and Development Centre (GGDC)) / YE Xianjia (PhD candidate, Faculty of Economics & Business, University of Groningen)

How computer automation affects occupations: Technology, jobs, and skills

October 24, 2016 [Perspectives from Around the World]

James BESSEN (Lecturer in Law, Boston University School of Law)

The Significance of Free Trade: Realizing a greater level of satisfaction throughout society as a whole

October 21, 2016 [Newspapers & Magazines]

ISHIKAWA Jota (Faculty Fellow, RIETI)

Part 15: What Brings About Long-term Changes in Expectations? The mechanisms by which the financial crisis has led to secular stagnation

October 20, 2016 [Kobayashi-sensei's Economic Research Picks]

KOBAYASHI Keiichiro (Faculty Fellow) / Econo-kun (Econo-kun is in his second year of the master's program at a private university, studying hard to become an economist.)

Do global value chains create jobs?
Impacts of GVCs depend on lead firms, specialization, skills, and institutions

October 18, 2016 [From IZA]

Thomas FAROLE (Senior Economist in the World Bank’s Africa Department)

Global Energy Outlook

October 17, 2016 [BBL Seminars]

Adam SIEMINSKI (Administrator, U.S. Energy Information Administration)

Japan's Abenomics: Reload, Reset or Relaunch?

October 17, 2016 [BBL Seminars]

Luc EVERAERT (Assistant Director in the IMF's Asia and Pacific Department, Mission Chief for Japan)

China's Electronics Exports, the Renminbi, and Exchange Rates in Supply Chain Countries

October 13, 2016 [Non Technical Summaries]

Willem THORBECKE (Senior Fellow, RIETI)

Industrial Competitiveness of Japan: Utilizing intangible assets is the key to success

October 12, 2016 [Newspapers & Magazines]

MIYAGAWA Tsutomu (Faculty Fellow, RIETI)

More Empirical Analyses Needed to Examine the Impact of the Sharing Economy

October 5, 2016 [Newspapers & Magazines]

TSURU Kotaro (Faculty Fellow, RIETI)

Economic performance in two dimensions: How Europe beats the US

October 4, 2016 [Perspectives from Around the World]

Thorvaldur GYLFASON (Professor of Economics, University of Iceland; Research Fellow, CESifo and CEPR Research Fellow)

Direction Pointed to by the Rising Marshallian k: Revitalizing the Japanese economy from the perspective of the money supply

October 3, 2016 [Policy Update]

NAKAJIMA Atsushi (Chairman, RIETI)

Reform of the Japanese Employment System for Revitalizing Workers and the Economy

October 3, 2016 [RIETI Books (Japanese)]

Written by TSURU Kotaro

How is the Midpoint Rate of the Yuan against the U.S. Dollar Determined?
"Closing rate on the preceding day + currency basket-based adjustment" rule starting to take root

September 30, 2016 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

Part 1: Using Diversified Human Resources for an Added Competitive Edge

September 29, 2016 [Women’s Empowerment and Its Economic Impact]

KODAMA Naomi (Consulting Fellow, RIETI)

She Is the Answer - IMF's work on gender issues and promoting womenomics in Japan

September 28, 2016 [BBL Seminars]

Kalpana KOCHHAR (Director of Human Resource Department of the IMF)

The Trans-Pacific Partnership and Global Value Chains

September 28, 2016 [Perspectives from Around the World]

Dale W. JORGENSON (Samuel W. Morris University Professor, Harvard University)

Stagnating median incomes despite economic growth: Explaining the divergence in 27 OECD countries

September 27, 2016 [Perspectives from Around the World]

Brian NOLAN (Professor of Social Policy and Director of Employment, Equity, and Growth Programme, Institute for New Economic Thinking; Senior Research Fellow, Nuffield College, University of Oxford) / Max ROSER (Programme Director, Oxford Martin School, University of Oxford) / Stefan THEWISSEN (Postdoctoral Research Officer, Institute for New Economic Thinking)

Big Data—Key to the 4th Industrial Revolution

September 21, 2016 [Newspapers & Magazines]

OGURO Kazumasa (Consulting Fellow, RIETI)

The Economy of Intangibles: Intangible Investment and Productivity Improvements in Japan

September 20, 2016 [RIETI Books (Japanese)]

Edited by MIYAGAWA Tsutomu, ASABA Shigeru, HOSONO Kaoru

White Paper on International Economy & Trade 2016—Japanese Trade Policy in the Opacity of the Global Economy

September 16, 2016 [Newspapers & Magazines]

OHASHI Hiroshi (Faculty Fellow, RIETI)

Can the European Union Survive? Economic and financial integration must be accelerated

September 14, 2016 [Newspapers & Magazines]

UEDA Kenichi (Faculty Fellow, RIETI)

Toward a Service-Oriented Country—From the Perspective of the Globalization of the Economy

September 13, 2016 [Newspapers & Magazines]

MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI)

E15 Initiative Report Launch

September 5, 2016 [BBL Seminars]

Ricardo MELENDEZ-ORTIZ (The International Centre for Trade and Sustainable Development (ICTSD)) / Sean DOHERTY (Head of International Trade & Investment, World Economic Forum (WEF)) / Jonathan FRIED (Ambassador and Permanent Representative of Canada to the World Trade Organization (WTO))

Japanese companies need to get women on board

September 2, 2016 [Policy Update]

MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI)

Law and Economics on Market Quality

August 25, 2016 [BBL Seminars]

YANO Makoto (President and Chief Research Officer(CRO), RIETI / Professor, Institute of Economic Research, Kyoto University)

After 20 Years of Debate on Fiscal Policy, Japan is Back to Where it Started

August 23, 2016 [Newspapers & Magazines]

KOBAYASHI Keiichiro (Faculty Fellow, RIETI)

Secular stagnation in the open economies: How it spreads, how it can be cured

August 22, 2016 [Perspectives from Around the World]

Gauti EGGERTSSON (Professor of Economics, Brown University) / Lawrence SUMMERS (President Emeritus, Harvard University)

The Changing Landscape of Trade Negotiations

August 18, 2016 [BBL Seminars]

Alan V. DEARDORFF (John W. Sweetland Professor of International Economics & Professor of Economics and Public Policy, University of Michigan)

Illusion of General Equilibrium

August 15, 2016 [Newspapers & Magazines]

ARATA Yoshiyuki (Fellow, RIETI)

Corporate Governance: The role of institutional investors will become crucial

July 27, 2016 [Newspapers & Magazines]

MIYAJIMA Hideaki (Faculty Fellow, RIETI)

Japanese Firms' International Competitiveness in the Electrical Machinery Industry in Decline: Further cost reduction and productivity boost are essential

July 22, 2016 [Newspapers & Magazines]

INUI Tomohiko (Faculty Fellow, RIETI) / KIM YoungGak (Associate Professor, Senshu University)

Dramatic Shift in Global Economic Power due to the Rise of China: Focusing on international comparisons of GDP

July 21, 2016 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

Shenzhen Emerging as China's Leading Innovation Hub: Private-sector companies as the driving force

July 20, 2016 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

Effects of entering adulthood during a recession
Recent declines in youth employment, net worth, and family formation could permanently affect financial well-being

July 19, 2016 [From IZA]

Lisa DETTLING (Economist, U.S. Federal Reserve Board)

On the financial market consequences of Brexit

July 12, 2016 [Perspectives from Around the World]

Jon DANIELSSON (Director of the ESRC funded Systemic Risk Centre, London School of Economics) / Robert MACRAE / Jean-Pierre ZIGRAND (Associate Professor of Finance and Director of the Systemic Risk Centre, LSE)

Perfecting China, Inc.: China's Unambitious 13th Five-Year Plan

July 11, 2016 [BBL Seminars]

Scott KENNEDY (Deputy Director, Freeman Chair in China Studies, and Director, Project on Chinese Business and Political Economy, Center for Strategic and International Studies (CSIS))

A Look at the Recent State of Corporate Governance in Japan

July 5, 2016 [Perspectives from Around the World]

Colin MAYER (Said Business School, Oxford University, as interviewee) / MIYAJIMA Hideaki (Faculty Fellow, RIETI / Waseda University, as interviewer)

The Part-time Wage Gap: What is the real problem?

July 4, 2016 [Newspapers & Magazines]

TSURU Kotaro (Faculty Fellow, RIETI)

Can Japan's Long Work Hours be Corrected? Adopting regulations to cap total work hours

June 30, 2016 [Newspapers & Magazines]

YAMAMOTO Isamu (Faculty Fellow, RIETI)

Making the most of Japan's tourism boom

June 29, 2016 [Policy Update]

KONISHI Yoko (Senior Fellow, RIETI)

Modularity in New Market Formation

June 28, 2016 [BBL Seminars]

Ronald Allen SANCHEZ (Professor of Management, Department of Innovation and Organizational Economics, Copenhagen Business School)

Making the Eurozone more resilient: What is needed now and what can wait?

June 28, 2016 [Perspectives from Around the World]

Resiliency Authors

Lessons from the 2014 Consumption Tax Rate Increase: The decision-making process is more important than the timing of implementation

June 22, 2016 [Newspapers & Magazines]

UNAYAMA Takashi (Faculty Fellow, RIETI)

Chinese Economy Bottoming Out: Improvement in macroeconomic indicators in March worth noting

June 9, 2016 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

Why European women are saying no to having (more) babies

June 9, 2016 [Perspectives from Around the World]

Matthias DOEPKE (Professor of Economics, Northwestern University; Research Affiliate, CEPR) / Fabian KINDERMANN (Assistant Professor, University of Bonn)

Policies for Improving Productivity in Service Industries: Taking advantage of innovation and information technology to achieve higher capacity utilization

June 6, 2016 [Newspapers & Magazines]

MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI)

Does a Widening Income Gap Have an Adverse Effect on Growth?

May 30, 2016 [Newspapers & Magazines]

KOBAYASHI Keiichiro (Faculty Fellow, RIETI)

Shock transmission through the global banking network

May 16, 2016 [Perspectives from Around the World]

Galina HALE (Research Advisor, Federal Reserve Bank of San Francisco) / Tümer KAPAN (Portfolio Risk Manager, Fannie Mae) / Camelia MINOIU (Senior Economist, IMF)

Monetary Policy Transmission through the Interest Rate and Exchange Rate Channel
Not Making an Impact Big Enough to Raise the Inflation Rate to 2%

May 12, 2016 [Newspapers & Magazines]

HOSONO Kaoru (Faculty Fellow, RIETI)

Exports, Exchange Rates, and the Return on China's Investments

May 9, 2016 [Policy Update]

Willem THORBECKE (Senior Fellow, RIETI)

Soaring Housing Prices: Is this good or bad for China?

April 28, 2016 [China in Transition]

Chi Hung KWAN (Consulting Fellow, RIETI
Senior Fellow, Nomura Institute of Capital Markets Research)

Challenges Posed by the Full Liberalization of the Electricity Market: Complete unbundling of power generation and grid operations is crucial

April 22, 2016 [Newspapers & Magazines]

ITO Koichiro (Fellow, RIETI)

Toward a Service-oriented Country: Opening a new frontier of the mature economy

April 21, 2016 [RIETI Books (Japanese)]

Written by MORIKAWA Masayuki

Jokowi's Economic Policy: What will it take to reach sustainable development?

April 13, 2016 [BBL Seminars]

Fauziah ZEN (Economist, Economic Research Institute for ASEAN and East Asia (ERIA))

Challenges Posed by the Full Liberalization of the Electricity Market: Japan must find ways to ensure a stable power supply

April 12, 2016 [Newspapers & Magazines]

OHASHI Hiroshi (Faculty Fellow, RIETI)

Technology at work: How the digital revolution is reshaping the global workforce

April 8, 2016 [Perspectives from Around the World]

Carl Benedikt FREY (Co-Director of the Oxford Martin Programme on Technology and Employment, Oxford Martin School; Economics Associate, Nuffield College) / Ebrahim RAHBARI (Director in the Global Economics Team, Citigroup Research)

Key Issues in the Measurement of Service Sector Output and Productivity—An incomplete account

April 5, 2016 [BBL Seminars]

Paul SCHREYER (Deputy Director, Statistics Directorate, OECD)

Industry-Specific Nominal and Real Effective Exchange Rates of 25 Countries Worldwide

April 4, 2016 [Industry-Specific Nominal and Real Effective Exchange Rates of 25 Countries Worldwide]