KITAO Sagiri

KITAO Sagiri

KITAO Sagiri

Senior Fellow (Specially Appointed)

Activities at RIETI


Macroeconomics, Fiscal and Social Security Policy

Research Projects


2007 Ph.D. in Economics, New York University
2001 Master in Public Administration/International Development, John F. Kennedy School of Government, Harvard University
1996 B.A. in Political Science, School of Political Science and Economics, Waseda University


2024 - Professor, National Graduate Institute for Policy Studies
2018 - 2024 Professor, Graduate School of Economics, University of Tokyo
2015 - 2018 Professor, Faculty of Economics, Keio University
2011 - 2015 Associate Professor, Hunter College and Graduate Center, City University of New York
2009 - 2011 Senior Economist, Federal Reserve Bank of New York
2007 - 2009 Assistant Professor, Marshall School of Business, University of Southern California
1996 - 1999 Goldman Sachs, Investment Banking Division and Fixed Income Division

Selected Publications and Papers

  • "Labor Market Policies in a Dual Economy" (joint with Julen Esteban-Pretel), Labour Economics, January 2021, Vol. 68.
  • "Who Suffers from the COVID-19 Shocks? Labor Market Heterogeneity and Welfare Consequences in Japan" (joint with Shinnosuke Kikuchi and Minamo Mikoshiba), Journal of the Japanese and International Economies, March 2021, Vol. 59.
  • "Females, the Elderly and Also Males: Demographic Aging and Macroeconomy in Japan" (joint with Minamo Mikoshiba), Journal of the Japanese and International Economies, June 2020, Vol. 56.
  • "Policy Uncertainty and Cost of Delaying Reform: The Case of Aging Japan," Review of Economic Dynamics, 2018, Vol. 27.
  • "A Life Cycle Model of Trans-Atlantic Employment Experiences," (with Lars Ljungqvist and Thomas J. Sargent), Review of Economic Dynamics, 2017, Vol.25.
  • "Achieving Fiscal Balance in Japan," (with Selahattin Imrohoroglu and Tomoaki Yamada), International Economic Review, 2016, Vol. 57: No. 1.
  • "A Life-cycle Model of Unemployment and Disability Insurance," Journal of Monetary Economics, 2014, Vol. 68.
  • "Social Security Reforms: Benefit Claiming, Labor Force Participation and Long-run Sustainability," (with Selahattin Imrohoroglu), American Economic Journal: Macroeconomics, 2012, Vol. 4: No. 3.
  • "Labor-dependent Capital Income Taxation," Journal of Monetary Economics, 2010, Vol. 57: No. 8.
  • "Taxing Capital? Not a Bad Idea After All!" (with Juan Carlos Conesa and Dirk Krueger), American Economic Review, 2009, Vol. 99: No. 1.
  • "U.S. Tax Policy and Health Insurance Demand: Can a Regressive Policy Improve Welfare?" (with Karsten Jeske) Journal of Monetary Economics, 2009, Vol. 56: No. 2.
  • "Entrepreneurship, Taxation and Capital Investment," Review of Economic Dynamics, 2008, Vol. 11: No. 1.