WATANABE Tsutomu

Macroeconomics, International Finance, Corporate Finance

• Long-term Deflation in Japan: Its causes and policy implications (June 21, 2011 - March 31, 2013)
• Study Group on Changes in Financial and Industrial Structures (2006 - 2010)

1992 Ph.D. (Economics), Harvard University
1982 B.A. (Economics), University of Tokyo

2011 - Present Professor, Graduate School of Economics, University of Tokyo
2002 - 2011 Professor, Institute of Economic Research, Hitotsubashi University
1999 - 2001 Associate Professor, Institute of Economic Research, Hitotsubashi University
1982 - 1999 Bank of Japan

• Property Price Index: Theory and Practice (with E. Diewert, K. G. Nishimura, C. Shimizu) Springer, 2018.
• "Novel and Topical Business News and Their Impacts on Stock Market Activity" (with T. Mizuno, T. Ohnishi) EPJ Data Science (2017) 6: 26. https://doi.org/10.1140/epjds/s13688-017-0123-7
• "Why Has Japan Failed to Escape from Deflation?" (with K. Watanabe) Asian Economic Policy Review, Vol. 13, No, 1, Jan 2018, 23-41.
• "Working Less and Bargain Hunting More: Macro Implications of Sales during Japan's Lost Decades" (with K. Watanabe, K. Ueda, N. Sudo) Journal of Money, Credit and Banking, forthcoming.
• "The Gradual Evolution of Buyer-Seller Networks and Their Role in Aggregate Fluctuations" (with R. Hisano, T. Mizuno, T. Ohnishi, D. Sornette) Applied Network Science, 2017 2:9 Published on: 25 May 2017.
• "Dependence of the Decay Rate of Firm Activity on Firm Age" (with A. Ishikawa, S. Fujimoto, T. Mizuno) Evolutionary and Institutional Economics Review, Volume 14, Issue 2, 351–362, December 2017.
• "Relationship between Population Density and Migration" (with S. Fujimoto, T. Mizuno, T. Ohnishi, C. Shimizu) Evolutionary and Institutional Economics Review, Volume 14, Issue 1, 117-130, June 2017.
• "Who Buys What and Where: Reconstruction of International Trade Flows by Commodity and Industry" (with Y. Ikeda) In: Cherifi H., Gaito S., Quattrociocchi W., Sala A. (eds) Complex Networks & Their Applications V: Proceedings of the 5th International Workshop on Complex Networks and their Applications. Studies in Computational Intelligence, vol 693, Springer, 657-670, 2016.
• "Daily Living Area Detection Using Mobility Network Map Equation" (with T. Mizuno, T. Ohnishi) Presented at COMPLEX NETWORKS 2016, The 5th International Workshop on Complex Networks and their Applications, November 30 - December 02, 2016, Milan, Italy.
• "Power Laws in Market Capitalization During the Dot-com and Shanghai Bubble Periods" (with T. Mizuno, T. Ohnishi) Evolutionary and Institutional Economics Review, Volume 13, Issue 2, 445-454, December 2016.
• "Long-term Firm Growth Properties Derived From Short-term Laws of Sales and the Number of Employees" (with A. Ishikawa, S. Fujimoto, T. Mizuno) Evolutionary and Institutional Economics Review, Volume 13, Issue 2, 409-422, December 2016.
• "Measuring Inflation By Company Using Scanner Data," (with T. Shoji, K. Watanabe) Paper presented at the Meeting of the Group of Experts on Consumer Price Indices, 2-4 May 2016, Palais des Nations, Geneva.
• "Estimating Consumer Price Inflation By Household," (with J. Diamond, K. Watanabe) Paper presented at the Meeting of the Group of Experts on Consumer Price Indices, 2-4 May 2016, Palais des Nations, Geneva.
• "Community structure and dynamics of the industry sector-specific international-trade-network" (with Y. Ikeda, H. Iyetomi, T. Mizuno, T. Ohnishi) in Signal-Image Technology and Internet-Based Systems (SITIS), 2014, 456-461.
• "Econophysics Point of View of Trade Liberalization: Community dynamics, synchronization, and controllability as example of collective motions" (with Y. Ikeda, H. Iyetomi, T. Ohnishi, H. Aoyama, T. Mizuno, Y. Sakamoto), RIETI Discussion Paper Series 16-E-026, 2016.