Evolution of Corporate Financing and Governance in Japan
Zombie Lending and Economic Growth
Mechanism of Long-term Stagnation in Japan
Innovation System and Policy in Japan
Education
| 1988 | May MIT, Ph.D. Economics |
| 1983 | March University of Tokyo, Bachelor of Liberal Arts |
Past Academic Work Experience
| 2012-2019 | Professor of Finance (by courtesy), Stanford Graduate School of Business, Stanford University |
| 2012-2019 | Henri and Tomoye Takahashi Senior Fellow, Freeman Spogli Institute for International Studies, Stanford University |
| 2002-2012 | Pacific Economic Cooperation Professor of International Economic Relations, Graduate School of International Relations and Pacific Studies, University of California, San Diego |
| 2000-2002 | Professor, Graduate School of International Relations and Pacific Studies, University of California, San Diego |
| 1998 | Visiting Scholar, Institute of Monetary and Economic Studies, Bank of Japan |
| 1997-1998 | Tokio Marine & Fire Visiting Associate Professor of Economics of Risk and Information, Faculty of Economics, Osaka University |
| 1994-2000 | Associate Professor, Graduate School of International Relations and Pacific Studies, University of California, San Diego |
| 1988-1994 | Assistant Professor, Graduate School of International Relations and Pacific Studies, University of California, San Diego |
Past Non-Academic Work Experience
| 2018 | Board of Directors, Japan Investment Corporation |
| 2016-2018 | Chair of the Board, Tokyo Foundation |
| 2009-2014 | Board of Directors, Union BanCal Corporation |
| 2007-2010 | Board of Directors, San Diego World Trade Center |
Books and Monographs
The Political Economy of the Abe Government and Abenomics Reforms (Co-edited with Phillip Lipscy) Cambridge, UK; Cambridge University Press, 2021.
The Japanese Economy, 2nd Edition (Joint with Takatoshi Ito) Cambridge, MA; MIT Press, 2020.
Corporate Finance and Governance in Japan: The Road to the Future (Joint with Anil Kashyap) Cambridge, MA; MIT Press, 2001.
Crisis and Change in the Japanese Financial System. (Co-edited with Hugh Patrick) Boston, MA; Kluwer Academic Publishers, 2000.
Articles
“The Great Disconnect: The Decoupling of Wage and Price Inflation in Japan” (Joint with Anil K Kashyap), in Takeo Hoshi and Phillip Y. Lipscy (Eds.) The Political Economy of the Abe Government and Abenomics Reforms, Cambridge University Press, pp.170-199, 2021.
“The Political Economy of the Abe Government” (Joint with Phillip Lipscy), in Takeo Hoshi and Phillip Y. Lipscy (Eds.) The Political Economy of the Abe Government and Abenomics Reforms, Cambridge University Press, pp.3-39, 2021,
“Potential for Inward Foreign Direct Investment in Japan” (Joint with Kozo Kiyota), Journal of the Japanese and International Economies, 52, 32-52, June 2019.
“The Decline in Bank-Led Corporate Restructuring in Japan: 1981-2010” (Joint with Satoshi Koibuchi and Ulrike Schaede), Journal of the Japanese and International Economies, 47, 81-90, March 2018.
“Has Abenomics Succeeded in Raising Japan’s Inward FDI?” Asian Economic Policy Review, 13, 149-168, January 2018.
Japanese Bankers Academic Research Promotion Foundation Award (2015)
Reischauer International Education Award (2011)
Enjoji Jiro Memorial Prize (2006)
Nakahara Prize (2005)
Nikkei Prize for Excellent Books in Economic Science (2002)
