Expertise
Firm Dynamics, Macroeconomics, Complex Systems
Research Projects
- Research on New Technologies, Economic Growth, and Industrial Structure (November 12, 2018 - October 31, 2020)
- Evaluation of Corporate Tax (April 1, 2011 - August 31, 2011)
- Evaluation of Corporate Tax (November 10, 2009 - March 31, 2011)
Education
2002 Ph.D. in Economics, University of Chicago
1996 M.A. in Economics, The University of Tokyo
1994 B.A. in Economics, The University of Tokyo
Experience
2019 - present Professor, Graduate School of Economics, University of Tokyo
2017 - 2019 Associate Professor, Graduate School of Economics, University of Tokyo
2015 - 2017 Chief Economist, Policy Research Institute, Ministry of Finance
2008 - 2015 Associate Professor, Institute of Innovation Research, Hitotsubashi University
2006 - 2008 Assistant Professor, Department of Economics, Carleton University
2004 - 2006 Assistant Professor, Department of Economics, Utah State University
2001 - 2004 Post-doctoral Fellow, Santa Fe Institute
Selected Publications and Papers
- "Zipf's Law, Pareto's Law, and the evolution of top incomes in the U.S.," American Economic Journal: Macroeconomics, 9(3):36-71, 2017 (with Shuhei Aoki)
- "Supply Chain Disruptions: Evidence from the Great East Japan Earthquake," PRI Discussion Paper, 16A-15, Policy Research Institute, Ministry of Finance, 2016 (with Vasco M. Carvalho, Yukiko U. Saito, and Alireza Tahbaz-Salehi)
- "Pareto distribution of income in neoclassical growth models," Review of Economic Dynamics, 20:25-42, 2016 (with Shuhei Aoki)
- "Bank capital shock propagation via syndicated interconnectedness," Computational Economics, 47(1):67-96, 2016 (with Juli?n Caballero and Vladyslav Sushko)
- "An interaction-based foundation of aggregate investment fluctuations," Theoretical Economics, 10:953-985,2015
- "Management of science, serendipity, and research performance: Evidence from a survey of scientists in Japan and the U.S.," Research Policy, 44(4):862-873, 2015 (with Kota Murayama and Hiroshi Shimizu)
- "Closely competing firms and price adjustment: Some findings from an online marketplace," Scandinavian Journal of Economics, 112(4):673-696, 2010 (with Takayuki Mizuno and Tsutomu Watanabe)
- "A Two Factor Model of Income Distribution Dynamics,"?Review of Income and Wealth, 53(3): 440-459, 2007 (with Wataru Souma)
- "Quantifying Borrowing Constraints and Precautionary Savings,"?Review of Economic Dynamics, 9: 353-363, 2006
- "Threshold Behavior and Aggregate Fluctuation,"?Journal of Economic Theory, 127: 309-322, 2006