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Faculty in Ph.D. Program

This is the list of faculty members for the October 2023 admission cohorts.

See here for Faculty Members for the October 2022 admission cohort and previous cohorts.

Faculty in Ph.D. Program

International Economics

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. “Measuring Mongolia’s Gains from Trade and Increased Integration in the World Economy,” Global Economic Journal, 19 (4) 1-23, 2019 (coauthored with Enkhmaa Battogtvor).
  2. “New Evidence of Market Competition in the Japanese Tire Industry using Market Share Analysis,” Journal of Asia-Pacific Business, 20(3) 235-256, 2019 (coauthored with Nguyen, Xuan Dong and Xavier de Vanssay).
  3. “Japan’s trade agreements aren’t ‘window dressing’ after all,” The International Trade Journal, 33(2) 176-196, 2018 (coauthored with Mutsuvangwa, Simba and Nagendra Shrestha).
  4. “New Estimates of Exchange Rate Pass-Through in Japanese Exports,” International Journal of Finance and Economics, 13(2), pp. 174-183, 2008 (coauthored with Kiyotaka Sato).
  5. “Exchange Rate Pass-Through and Currency Invoicing: Implications for Monetary Integration in East Asia” The World Economy, 29(12), pp.1759-1788, 2006 (coauthored with Kiyotaka Sato).
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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. “New Empirical Assessment of Export Price Competitiveness: Industry-specific Real Effective Exchange Rates in Asia,”North American Journal of Economics and Finance, 54, 2020, 101262 (with Junko Shimizu, Nagendra Shrestha, Shajuan Zhang).
  2. “Invoice Currency Choice, Nonlinearities and Exchange Rate Pass-Through,” Applied Economics, 52(10), 2020, pp.1048–1069 (with Thi-Ngoc Anh Nguyen).
  3. “Exchange Rate Exposure and Risk Management: The Case of Japanese Exporting Firms,” Journal of the Japanese and International Economies, 41, 2016, pp.17–29 (with Takatoshi Ito, Satoshi Koibuchi, Junko Shimizu).
  4. “Should Chinese Renminbi Be Cursed for Its Trade Surplus? A Structural VAR Approach,” The World Economy, 35(5), 2012, pp.632–650 (with Zhaoyong Zhang).
  5. “Exchange Rate Changes and Inflation in Post-Crisis Asian Economies: Vector Autoregression Analysis of the Exchange Rate Pass-Through,” Journal of Money, Credit and Banking, 40(7), 2008, pp.1407-1438 (with Takatoshi Ito).
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SHRESTHA, Nagendra

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)

  1. “Global and Regional Shock Transmission: An Asian Perspective,” Journal of Economic Structures, (2021)10:27, 2021 (coauthored with Kiyotaka Sato).
  2. “New Empirical Assessment of Export Price Competitiveness: Industry-specific Real Effective Exchange Rates in Asia,” North American Journal of Economics and Finance, 54, 2020, 101262 (with Kiyotaka Sato, Junko Shimizu, Shajuan Zhang).
  3. “Industry-specific Exchange Rate Volatility and Intermediate Goods Trade in Asia,” Scottish Journal of Political Economy, 63(1), pp.89-109, 2016 (coauthored with Kiyotaka Sato, Junko Shimizu and Shajuan Zhang).
  4. “Industry-specific Real Effective Exchange Rates and Export Price Competitiveness: The Cases of Japan, China and Korea,”Asian Economic Policy Review, 8(2), pp.298-321, 2013 (coauthored with Sato, Kiyotaka, Junko Shimizu and Shajuan Zhang).
  5. “Economic Integration in East Asia: An International Input-Output Analysis,” The World Economy, 29(12), pp. 1709-35, 2006 (coauthored with Yuichi Hasebe).
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Data Analytics

FUJIO, Minako

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

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List of Publications (5 major works selected)

  1. “The miniature two-sector model of optimal growth: The neglected case of a capital-intensive investment-good sector,” Journal of Economic Behavior & Organization, 186, pp.662-671, 2021 (coauthored with Yan Lei, Liuchun Deng and M. Ali Khan).
  2. “Optimal Growth in the Two-Sector RSL Model with Capital-Intensive Consumption Goods: A Dynamic Programming Approach,” Pure and Applied Functional Analysis, 2020 (coauthored with Liuchun Deng).
  3. “Eventual periodicity in the two-sector RSL model: equilibrium vis-à-vis optimum growth,” Economic Theory, 2020 (coauthored with Liuchun Deng and M. Ali Khan).
  4. “Optimal growth in the Robinson-Shinkai-Leontief model: the case of capital-intensive consumption goods,” Studies in Nonlinear Dynamics & Econometrics, 23, 4, 2019 (coauthored with Liuchun Deng and M. Ali Khan).
  5. “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.
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FURUKAWA, Chishio

Associate Professor
Degree: Ph.D. in Economics, Massachusetts Institute of Technology, USA
Fields: Public Economics, Microeconomic Theory, Statistics

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List of Publications (5 major works selected)

  1. “Do Solar Lamps Help Children Study? Contrary Evidence from a Pilot Study in Uganda,” The Journal of Development Studies, 50(2), pp.319-341, 2014.
  2. “Fiscal Responses to the COVID-19 Crisis in Japan: The First Six Months,” National Tax Journal, 73(3), pp.901-926, 2020 (coauthored with Michihito Ando, Daigo Nakata, and Kazuhiko Sumiya).
  3. “Publication Bias under Aggregation Frictions: Theory, Evidence, and a New Correction Method,” Working Paper 2019.(https://papers.ssrn.com//sol3/papers.cfm?abstract_id=3362053#/)
  4. “A New Theoretical Foundation for the Shape of Utility Functions over Wealth,” Working Paper, 2020. (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3694202).
  5. “Tax Transparency and Social Welfare: The Role of Government Commitment,” Working Paper, 2021. (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3862433#)
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KUMANO, Taro

Associate Professor
Degree: Ph.D. in Economics, Washington University in St.Louis, USA.
Fields: Market Design, Microeconomic Theory

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List of Publications (3 major works selected)

  1. “Efficiency and stability under substitutable priorities with ties,” Journal of Economic Theory, 184, pp.1049-50, 2019 (coauthored with Aytek Erdil)
  2. “Nash implementation of constrained efficient stable matchings under weak priorities,” Games and Economic Behavior, 104, pp.230-240, 2017.
  3. “Strategy-proofness and stability of the Boston mechanism: an almost impossibility result,” Journal of Public Economics, 105, pp.23-29, 2013.
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KURISU, Daisuke

Associate Professor
Degree: Ph.D. in Economics, University of Tokyo, Japan.
Fields: Mathematical Statistics

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List of Publications (5 major works selected)

  1. “Nonparametric regression for locally stationary random fields under stochastic sampling design,” Bernoulli, 28, pp.1250-1275, 2022.
  2. “On the uniform convergence of deconvolution estimators from repeated measurements,” Econometric Theory, 38, pp.172-193, 2022(coauthored with T. Otsu).
  3. “Inference on distribution functions under measurement error,” Journal of Econometrics, 215, pp.131-164, 2020 (coauthored with K. Adusumilli, T. Otsu and Y.-J. Whang).
  4. “Bootstrap confidence bands for spectral estimation of Lévy densities under high-frequency observations,” Stochastic Processes and their Applications, 130, pp.1159-1205, 2020 (coauthored with K. Kato).
  5. “Nonparametric inference on Lévy measures of compound Poisson-driven Ornstein-Uhlenbeck processes under macroscopic discrete observations,” Electronic Journal of Statistics, 13, pp.2521-2565, 2019.
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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. “Nonparametric Methods of Estimating Integrated Multivariate Volatilities,” (with T. Hoshikawa, T. Kanatani and Y. Nishiyama), Econometric Review, 27:1, pp112-138, 2008.
  2. “A Sequential Unit Root Test,” (with Y. Nishiyama and K. Hitomi), Proceedings of MODSIM07, p.3031-3036.
  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, Monetary Economics

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List of Publications (5 major works selected)

  1. “Intergenerational Transmission of Skills and Differences in Labor Market Outcomes for Blacks and Whites,” Research in Labor Economics, Special Issue on Inequality: Causes, and Consequences, 43, pp.227-286, 2016 (coauthored with Emiko Usui).
  2. “Concave-monotone Treatment Response and Monotone Treatment Selection: With an Application to the Returns to Schooling,” Quantitative Economics, 5 (1), pp.175-194, 2014 (coauthored with Emiko Usui).
  3. “NThe Effect of Pension Reform on Pension-Benefit Expectations and Savings Decisions in Japan,” Applied Economics 46 (14), pp.1677-1691, 2014 (coauthored with Emiko Usui).
  4. “Nonparametric Estimation of Labor Supply and Demand Factors,” Journal of Business & Economic Statistics, 29 (1), pp.174-185, 2011.
  5. “Wealth as a Signal in the Search Model of Money,” International Economic Review, 47 (1), pp.87-106, 2006.
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OMORI, Yoshiaki

Professor
Degree: Ph.D. in Economics, State University of New York at Stony Brook, USA.
Fields: Labor Economics, Economics of the Family, Applied Microeconometrics

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List of Publications (5 major works selected)

  1. “Unemployment Insurance and Job Quits,” Journal of Labor Economics, 22(1), pp.159 - 188, 2004 (coauthored with Audrey Light).
  2. “Stigma Effects of Nonemployment,” Economic Inquiry, 35(2), pp.394 - 416, 1997.
  3. “Determinants of Long-Term Unions: Who Survives the ‘ Seven Year Itch’?,” Population Research and Policy Review, 32 (6), pp. 851-891, 2013 (coauthored with Audrey Light).
  4. “Can Long-Term Cohabiting and Marital Unions be Incentivized?,” Research in Labor Economics, 36, pp. 241-283, 2012 (coauthored with Audrey Light).
  5. “Fixed Effects Maximum Likelihood Estimation of a Flexibly Parametric Proportional Hazard Model with an Application to Job Exits,” Economics Letters, 116 (2), pp.236-239, 2012 (coauthored with Audrey Light).
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SANO, Ryuji

Associate Professor
Degree: Ph.D. in Economics, University of Tokyo, Japan
Fields: Game Theory, Microeconomics

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List of Publications (4 works)

  1. “Sequential Auctions of Heterogeneous Objects,” Economics Letters, Vol. 149, pp. 49-51, 2016 (coauthored with Akitoshi Muramoto).
  2. “Vickrey-Reserve Auctions and an Equilibrium Equivalence,” Mathematical Social Sciences, Vol. 65, pp. 112-117, 2013.
  3. “Non-bidding Equilibrium in an Ascending Core-Selecting Auction,” Games and Economic Behavior, Vol. 74, pp. 637-650, 2012.
  4. “Incentives in Core-Selecting Auctions with Single-Minded Bidders,” Games and Economic Behavior, Vol. 72, pp. 602-606, 2011.
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SOMA, Naoto

Associate Professor
Degree: Ph.D. in arts and science, University of Tokyo, Japan
Fields: Macroeconomics, Monetary and Fiscal policy

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List of Publications (1 major work selected)

  1. “Inflation target and anchor of inflation forecasts in Japan,” Journal of the Japanese and International Economies, Vol. 52, pp.154-170,2019.
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TSURUOKA, Masanori

Associate Professor
Degree: Ph.D. in Economics, University of Tokyo, Japan
Fields: MIndustrial Organization, Applied Econometrics, Applied Microeconomics

International Political Economy

CHEN, Yuting

Associate Professor
Degree: Ph.D. in Economics, Singapore Management University, Singapore
Fields: International Trade and Investment, Empirical Economics

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List of Publications (5 major works selected)

  1. “Informal institutions and comparative advantage of south-based MNEs: Theory and Evidence,” Journal of Development Economics, 48, pp.1-28, 2021 (coauthored with Pao-Li Chang).
  2. “Heterogeneous Firms in Importing: Theory and Evidence from China,” Frontiers of Economics in China, 10(2), pp.301-334, 2015.
  3. “Diligence Redeems Stupidity: Substitution between Managerial Effort and Financial Development,” R&R European Economic Review, (coauthored with Renjing Chen and Wei Jin) .
  4. “Heterogeneous Firms in Trade: Quality Matters,” Working Paper, pp.1-73, 2018.
  5. “Identifying Profit-shifting Channels: Evidence from Japanese Multinationals,” presented at European Trade Study Group 2021 Meeting, 2021(coauthored with Hayato Kato and Bin Ni).
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ISHIRO, Taku

Professor
Degree: Ph.D. in Economics, Yokohama National University, Japan
Fields: Regional Economics, Input-output analysis

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List of Publications (5 major works selected)

  1. “Transnational Interregional Input-Output Analysis between Japan, China and South Korea-By compilation of 2000 Transnational Interregional Input-Output Analysis between Japan, China and South Korea,” The Journal of Ryūtsū Keizai University, vol.47 (4), pp.85-104, 2013/04.
  2. “Water Footprint Analysis in Kanto Watershed in Japan: by compiling Kanto interregional input output table and the sectoral water usage data,” Input-Output Analysis innovation & I-O Technique, vol.19, pp.56-66, 2011/06.
  3. “Analysis of the Impact of Japan-China Regional Economy by Separating Reginal Japanese Enterprises: The Compilation and Application of Japan-China Transnational Inter-Regional Input-Output Table Separating Japanese Enterprises in Beijing City,” Yokohama Journal of Social Sciences, vol.22 (1 & 2), pp.1-20, 2017/08 (coauthored with Cheng Feng).
  4. “The Linkage Effect of Multi-Regional Input-Output Table in Jiangsu Province 2007,” Yokohama Journal of Social Sciences, vol.21 (3), pp.171-192, 2016/09 (coauthored with Chenqiu Feng).
  5. “Transnational Interregional Water Footprint Analysis in China and South Korea and Japan,” 24th International Input-Output Conference & 6th Edition of the International School of I-O Analysis, 2016/07.
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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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MOZUMI, Seiichiro

Associate Professor
Degree: Ph.D. in Economics, Keio University
Fields: Public Finance, Sociology of Public Finance, US Fiscal History

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List of Publications (5 major works selected)

  1. “Tax Expenditures and the Tax Reform Act of 1969 in the United States,” Social Science History, 46(2), 2022.
  2. “Tax Expenditures and the Mistrusted American Fiscal State: Two Tax Reforms in the Clinton Presidency and Middle Class, 1993-1997,” Public Finance and Public Policy, 41(2), 2019, pp. 41–57 (in Japanese).
  3. “Tax Reformers’ Ideas, the Expenditure–Taxation Nexus, and Comprehensive Tax Reform in the United States, 1961-1986,” in ed. Gisela Huerlimann, W. Elliot Brownlee, and Eisaku Ide, Worlds of Taxation: The Political Economy of Taxing, Spending, and Redistribution since 1945, Palgrave Macmillan, 2018, pp. 187–216.
  4. “The Kennedy–Johnson Tax Cut of 1964, the Defeat of Keynes, and Comprehensive Tax Reform in the United States,” Journal of Policy History, 30(1), 2018, pp. 25–61.
  5. “A Prelude to the Flood of Red Ink: From a Study of Comprehensive Tax Reform in the 1950s to Federal Tax Reform 1962 in the United States,” Keio Economic Studies, No.52, 2016, pp.1–25.
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NISHIKAWA, Teru

Associate Professor
Degree: Ph.D. in Economics, University of Tokyo, Japan
Fields: International Financial History

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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.
  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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YAMAZAKI, Keiichi

Professor
Degree: Master of Commerce, Osaka City University, Japan
Fields: Developing Economies, Brazilian Economy, Local Government Studies

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List of Publications (5 major works selected)

  1. “Brazilian Workers in Japan and Public Policies for Promoting their Social Integration with a Focus on Basic Education to for Children,” in Hamaguchi, Nobuaki and Danielly Ramos (eds.) Brazil-Japan Cooperation: From Complementarity to Shared Value, Springer, forthcoming in 2022 (coauthored with Mauricio Bugarin)
  2. “Creating Institutional Advantage: Local Government Co-production with Community Groups,” Asia Pacific Journal of Public Administration, 42(3), pp.170-187, 2020 (coauthored with Yukio Kinoshita and Brian Dollery)
  3. “Humanitarian co-production in local government: the case of natural disaster volunteering in Japan,” Local Government Studies, pp.959-978, 2019 (coauthored with Brian Dollery and Yukio Kinoshita).
  4. “(Chapter 10) Hattentojokokuno Keizaito Shakai (Economy and Society of Developing Countries),” in Textbook Project Team, Department of Economics of Yokohama National University (ed.) Zerokara Hajimeru Keizai Nyumon, (An Introductory Textbook on Political Economy), Yuhikaku, 2019 (in Japanese).
  5. “Is Bigger Really Better? A Comparative Analysis of Municipal Mergers in Australian and Japanese Local Government,” International Journal of Public Administration, 41(9), pp.725-734, 2017 (coauthored with Brian Dollery).
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