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Faculty Members

Faculty in Ph.D. Program

International Economics

SATO, Kiyotaka

Professor
Degree: Ph.D. in Economics, University of Tokyo, Japan
Fields: International Finance

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List of Publications (5 major works selected)

  1. “Exchange Rate Changes and Inflation in Post-Crisis Asian Economies: VAR Analysis of the Exchange Rate Pass-Through,” Journal of Money, Credit and Banking, 40(7), pp.1407-1438, 2008.
  2. “The Choice of an Invoicing Currency by Globally Operating Firms: A Firm-Level Analysis of Japanese Exporters,” International Journal of Finance and Economics, forthcoming.
  3. “New Estimates of the Equilibrium Exchange Rate: The Case for the Chinese Renminbi,” The World Economy, 35(4), pp.419-443, 2012.
  4. “Real Output Co-movements in East Asia: Any Evidence for a Monetary Union?” The World Economy, 29(12), pp.1671-1689, 2006.
  5. “Is a Monetary Union Feasible for East Asia?” Applied Economics, 36(10), pp.1031-1043, 2004.
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PARSONS, Craig R.

Professor
Degree: Ph.D. in Economics, University of Hawaii at Manoa, USA
Fields: International Trade

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List of Publications (5 major works selected)

  1. Parsons, Craig and Kiyotaka Sato, “New Estimates of Exchange Rate Pass-Through in Japanese Exports,” International Journal of Finance and Economics, 13(2), pp. 174-183, 2008.
  2. Gangnes, Byron and Craig Parsons, “Have U.S.-Japan Trade Agreements Made a Difference?” Journal of the Asia Pacific Economy, 12(4), pp. 548-566, 2007.
  3. Parsons, Craig and Kiyotaka Sato, “Exchange Rate Pass-Through and Currency Invoicing: Implications for Monetary Integration in East Asia,” The World Economy, 29(12), pp.1759-1788, 2006.
  4. Parsons, Craig, “The Effects of the Semiconductor Trade Agreement on Japanese Firms,” The Singapore Economic Review, 50 (1), pp.117-129, 2005.
  5. Parsons, Craig, “Did the US-Japan Semiconductor Trade Agreement Have Any Impact?” Asian Economic Journal, 16 (1), pp. 37-51, 2002.
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SHRESTHA, Nagendra

Associate Professor
Degree: Ph.D. in Economics, Yokohama National University, Japan
Fields: Economic Integration, Input-Output Analysis

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List of Publications (5 major works selected)

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Comparative Economics

Sato, Shrestha (same as in International Economics above)

UEMURA, Hiroyasu

Professor
Degree: M.A. in Economics, Hitotsubashi University, Japan
Fields: Comparative Institutional Analysis, Macroeconomic Analysis

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List of Publications (5 major works selected)

  1. Diversity and Transformations of Asian Capitalisms, Routledge, pp. 1-379, 2012.
  2. “The Transformation of Growth Regime and De-industrialization in Japan,” (with Shinji Tahara), Revue de la régulation, No.15, 2014.
  3. The Institutional Analysis of Socio-economic Systems (New Edition), Nagoya University Press, pp. 1-453, 2007.
  4. “Japanese Multinational Firms in China and International Production Linkages: Changes in Interdependence between 1995 and 2000,” CITS Working Paper (2006-03), 2006.
  5. "Growth, Distribution and Structural Change in the Post-war Japanese Economy", in R. Boyer and T. Yamada (eds.) Japanese Capitalism in Crisis, Routledge, pp.138-161, 2000.
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NAKAMURA, Yasushi

Professor
Degree: Doctor in Economics, Tohoku University, Japan
Fields: Comparative Economics, Russian Economy

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List of Publications (5 major works selected)

  1. “Soviet Banking, 1922–1987,” Comparative Economic Studies, 55(1): 167–197, 2012.
  2. “Did the Soviet Command Economy Command Money?” Europe-Asia Studies, Vol. 63, pp. 1133-1156, 2011.
  3. “Economy-wide Influences of the Russian Oil Boom,” in Tabata, S. ed., Dependent on Oil and Gas, Slavic Eurasian Studies 11, Hokkaido University, pp. 31-49, 2005.
  4. “Domestic Oil and Gas Price and Russian Economic Development: A CGE Approach,” (in Japanese) The Economic Review, Vol. 55, pp. 111-122, 2004.
  5. “The Oil and Gas Industry in the Russian Economy,” Post-Communist Economies, Vol. 16, pp. 153-167, 2004.
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OKABE, Jun-ichi

Professor
Degree: Master in Economics, Hokkaido University, Japan
Fields: Economic Statistics

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List of Publications (5 major works selected)

  1. “Statistical Records in the Bureaucratic System” (in Japanese) in Sugimori K. et al. ed., Thought and Methodology of Statistics, Hokkaido University Press, pp. 87-118, 2000.
  2. “A New Approach to G. v. Mayr's Theory of Secondary Statistics: 'Selbstbeobachtung' and Statistics,” (in Japanese) Economic Studies, Vol.51, Hokkaido University, pp. 127-146, 2001.
  3. “Wide Variations in Statistical Data Sets on the Same Subjects: Reconsidering the Report of the Indian National Statistical Commission,” Occasional Paper, No.9, Japan Statistics Research Institute: Hosei University, pp. 1-28, 2004.
  4. “Data Needs in the Panchayat: A New Statistical Domain Emerging in Rural India”, CITS Working Paper 2011-01, Yokohama National University, pp1-45, 2011.
  5. “Village-Level Birth Records: A Case Study,” Review of Agrarian Studies, Volume 2, Foundation for Agrarian Studies, India, 2012.
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KIZAKI, Midori

Professor
Degree: Bachelor of Sociology, Hitotsubashi University, Japan
Fields: Modern Chinese Economy

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List of Publications (5 major works selected)

  1. “Income Security Policy for Urban Employees in China,” (in Japanese) Journal of Social Science, Vol. 63, pp11-34, 2012.
  2. “Transition Policy on Employment and Labor in China”, (in Japanese) Katsuji Nakagane ed. Transition of Chinese Economic System and Policy after the ‘Reform and opening-up’ Era, pp161-178, 2011.
  3. “Role of Chinese Economic Policy in its Transition Process”, (in Japanese) Modern Economic Policy 4th edition, Tashiro, Hagiwara, and Kanazawa eds. pp. 332-351, 2011.
  4. “Enterprise Welfare and Corporate Behavior in the Transitional Era in China,” (in Japanese) Akira Suehiro ed., Perspective on the welfare system in East Asian countries, pp. 88-121, 2010.
  5. “Ownership and Management Right in Chinese Enterprises,” (in Chinese) Wu Jiajun and Li Haijian eds., Industrial Development and Reform of Enterprise System in China, pp. 92-112, 2002.
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International Political Economy

Nakamura, Uemura, Okabe (same as in Comparative Economics above)

YAMAZAKI, Keiichi

Professor
Degree: Master in Commercial Studies, Osaka City University, Japan
Fields: Developing Economies

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List of Publications (5 major works selected)

  1. “Local Governments under the Leftist Government of Brazil: From Soybean and Oil Based Growth to Endogenous Development” (in Japanese) in Ajia Afurika Kenkyu (Quarterly Bulletin of Third World Studies), Vol. 51, 2011.
  2. “A Study of Corruption of the Brazilian Economy from a Viewpoint of Sustainable Development” (in Japanese) in Yokohama Kokusai Shakaikagaku Kenkyu (Yokohama Journal of Social Sciences), Vol. 14, 2009.
  3. “(Chapter 3) Contributing Factors to Vitalization of Regional Economies” (in Japanese) in ITI [Institute for International Trade and Investment] (ed.) Brajiruno Shohishijoto Shinchukansono Keisei (Consumers’ Market in Brazil and Formation of the New Middle Class), 2009.
  4. “(Chapter 10) New Instrument for the Brazilian Urban Municipal Autonomy – Current State and Future Challenges of ‘Participatory Budgeting’,” (in Japanese) in Ikunori Sumita (ed.) Burajiruno Toshimondai (Urban Problems of Brazil), Yokohama: Shunpuusha, 2009.
  5. “Historical Background of ‘Brazil Cost’ and Perspectives for Reduction of the Cost – Tax Base Fostering Policy of ‘Immature Welfare State’” (in Japanese) in Boekito Kanzei (Trade and Tariff), January, 2008.
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Faculty in M.A. Program

International Economics

Sato, Parsons, Shrestha (same as in Ph.D. Program above)

KOBAYASHI, Masahito

Professor
Degree: Ph.D. in Economics, University of Tokyo, Japan
Fields: Econometrics

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List of Publications (5 major works selected)

  1. “Testing the Sequential Logit Model Agaist the Nested Logit Model,” Japanese Economic Review, 2009,vol.6, pp. 345-361, (coauthored with Daisuke Nagakura).
  2. “Testing for EGARCH Against Stochastic Volatility Models,” Journal of Time Series Analysis, vol. 26, pp.135-150, 2005 (coauthored with Xiu-Hong SHI).
  3. “Analytical Power Comparisons of Nested and Nonnested Tests for Linear and Loglinear Regression Models," Econometric Theory, vol.15, pp.99-113, 1999 (coauthored with Michael McAleer ).
  4. “Tests of Linear and Logarithmic Transformations for Integrated Processes”, Journal of the American Statistical Association, vol. 94, pp.860-868, 1999 (coauthored with Michael McAleer).
  5. “Testing for Autocorrelated Disturbances in Nonlinear Regression Analysis”, Econometrica, vol. 59, pp. 1153-1159, 1991.
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OMORI, Yoshiaki

Professor
Degree: Ph.D. in Economics, Sate University of New York at Stony Brook, USA
Fields: Labor Economics

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List of Publications (5 major works selected)

  1. “Determinants of Long-Term Unions: Who Survives the ‘Seven Year Itch’?” Population Research and Policy Review, Vol.32, 851-891, 2013.
  2. “Can Long-Term Cohabiting and Marital Unions be Incentivized?” Research in Labor Economics, Vol.36, 241-283, 2012.
  3. “Fixed Effects Maximum Likelihood Estimation of a Flexibly Parametric Proportional Hazard Model with an Application to Job Exits,” Economics Letters, Vol.116, 236-239, 2012.
  4. “Unemployment Insurance and Job Quits,” Journal of Labor Economics Vol.22, 159-188, 2004.
  5. “Stigma Effects of Nonemployment,” Economic Inquiry, Vol.35, 394-416, 1997.
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NAGAI, Keiji

Professor
Degree: Ph.D. in Statistics, Rutgers University, USA
Fields: Mathematical Statistics

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List of Publications (5 major works selected)

  1. “Sequential Unit Root Test,” (with Y. Nishiyama and K. Hitomi), mimeo, 2012.
  2. “Nonparametric Methods of Estimating Integrated Multivariate Volatilities,” (with T. Hoshikawa, T. Kanatani and Y. Nishiyama), Econometric Review, 27:1, pp112-138, 2008.
  3. “Nonlinear renewal theorems for random walks with perturbations of intermediate order,” (with Cun-Hui Zhang), Recent Developments in Nonparametric Inference and Probability, IMS Lecture Notes-Monograph Series Vol. 50, pp164-175, 2006.
  4. “Asymptotic Lower Bounds for the Average Detection Delay of Change-point Detection Rules,” Discussion Paper Series, The Center for International Trade Studies, Faculty of Economics, Yokohama National University, 03-F-5, June, 2003.
  5. “Nonparametric Change-point Detection for Two populations,” Sequential Analysis 17, No.3-4, pp279-296, 1998.
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OKUMURA, Tsunao

Professor
Degree: Ph.D. in Economics, Northwestern University, USA
Fields: Econometrics, Macroeconomics

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List of Publications (5 major works selected)

  1. “Concave-Monotone Treatment Response and Monotone Treatment Selection: With an Application to the Returns to Schooling,” Co-author: Emiko Usui, Quantitative Economics, vol. 5, pp. 175-194, March 2014.
  2. “Nonparametric Estimation of Labor Supply and Demand Factors,” Journal of Business and Economic Statistics, vol. 29, pp.174-185, January 2011.
  3. “Wealth as a Signal in the Search Model of Money,” International Economic Review, vol. 47, pp.87-106, February 2006.
  4. “Effect of Pension Reform on Pension-Benefit Expectations and Savings Decisions in Japan,” Co-author: Emiko Usui, RIETI Discussion Paper 11-E-065, 2011.
  5. “Housing Investment and Residential Land Supply in Japan: An Asset Market Approach,” Journal of the Japanese and International Economies, vol.11, pp.27-54, February 1997.
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FUJIO, Minako

Associate Professor
Degree: Ph.D. in Economics, Johns Hopkins University, USA
Fields: Macroeconomics

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List of Publications (4 major works selected)

  1. “Optimal Transition Dynamics in the Leontief Two-Sector Growth Model with Durable Capital: The Case of Capital Intensive Consumption Goods,” Japanese Economic Review, Vol. 60, pp.490-511,2009.
  2. “Undiscounted Optimal Growth in a Leontief Two-Sector Model with Circulating Capital: The Case of a Capital-Intensive Consumption Good,” Journal of Economic Behavior and Organization, Vol. 66, pp.420-436, 2008.
  3. “Ronald W. Jones and Two-Sector Growth: Ramsey Optimality in the RSS and Leontief Cases,” Asia-Pacific Journal of Accounting and Economics, Vol. 13, pp.87-110,2006.
  4. “The Leontief Two-Sector Model and Undiscounted Optimal Growth with Irreversible Investment: The Case of Labor-Intensive Consumption Goods,” Journal of Economics, Vol. 86, pp.145-159, 2005.
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Comparative Economics

Sato, Uemura, Kizaki, Yamazaki, Shrestha (same as in Ph.D. Program above)

UJIKAWA, Keiji

Professor
Degree: Ph.D. in Economics, Tohoku University, Japan
Fields: Environmental Economics, SNA / I-O

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List of Publications (5 major works selected)

  1. “Comparative Analysis on Environmental Evaluation of Economic Indicators in Sustainable Indicators,” (in Japanese) Yokohama Journal of Social Sciences, Vol. 16, pp. 323-337, 2011.
  2. “Reconsiderations on China's Iron and Steel Industrial Policy: Evaluation of 'Picking-the winners' Policy,” (in Japanese) Monthly Journal of Institute of Developing Economies, Japan External Trade Organization, Vol. 50, pp.32-63, 2009.
  3. “Factor Productivity and Environmental Load: Factor Analysis using China Input-Output Tables,” (in Japanese) Monthly Journal of Chinese Affairs, Vol. 63, pp.1-12, 2009.
  4. “Technology and Environment,” (in Japanese) Political Economy Quarterly, Vol. 44, pp.88-93, 2007.
  5. “Trial Compilation and Analysis of China's 1997 Input-Output Tables for the Analysis of CO2, SO2 and Energy,” (in Japanese) Annual Report of the Economic Society, Vol. 64, pp. 213-225, 2002.
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IJU, Morinao

Associate Professor
Degree: Master of Economics, University of Tokyo, Japan
Fields: Public Finance

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List of Publications (5 major works selected)

  1. “Accounting System and Performance Indicators of German Local Public Enterprises,” (in Japanese) Koei Kigyo, Vol. 43, pp. 72-112, 2012.
  2. “Budget and Settlement in the Local Governmental Accounting System: Comparative Study between the U.S. and Sweden,” (in Japanese) Rikkyo Keizai Kenkyu, Vol. 64, pp.73-108, 2010.
  3. “Policy-making on Dual Income Tax: the Swedish Tax Policy in the 1990s,” (in Japanese) Shoken Keizai Kenkyu, Vol. 68, pp.109-127, 2009.
  4.  “Intergovernmental Fiscal Relations in Sweden: Decentralization and Fiscal Coordination System,” (in Japanese) Chiho Zaisei, Vol. 45, pp.213-237, 2006.
  5. “The Swedish Tax Reform of 1991,” (in Japanese) Economia, Vol. 55, pp.45-64, 2004.
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NISHIKAWA, Teru

Associate Professor
Degree: Ph.D. in Economics, University of Tokyo, Japan
Fields: Economic Policy

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List of Publications (5 major works selected)

  1. “Shaping the Fund’s Policy for Exchange Liberalization,” in K. Yago et al. (eds). History of the IMF: Organization, Policy, and Market, Springer, 2015 (forthcoming).
  2. Creation and Evolution of the IMF Economic Policy in the Bretton Woods Era (in Japanese), The University of Nagoya Press, 2014.
  3. “IMF Policy on the Convertible Currency System: Toward Sterling Convertibility,” in M. Itoh and Y. Asai (eds). IMF History: Foundation and Evolution (in Japanese), The University of Nagoya Press, pp.90-113, 2014.
  4. “Macroeconomic Policy Coordination about the UK’s Move to IMF Article 8 Status 1952-1961: Through Analysis of IMF Article 14 Consultation,” (in Japanese) The Journal of Political Economy and Economic History, vol.53(4), pp.32-48, 2011.
  5. “Sterling Cnvertibility and the Development of the IMF Financial Support Policies in the 1950s,” The Journal of Economic Studies (University of Tokyo), vol.53, pp.15-25, 2011.
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ZHANG, Xinyuan

Associate Professor
Degree: Ph.D. in Economics, University of Tokyo, Japan
Fields: World Economy, Chinese Economy

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List of Publications (5 major works selected)

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