Masaru Inaba
Contact Information
Faculty of Economics, Kansai University 3-3-35 Yamate Suita Osaka 564-8680 Japan E-mail: imasaru@kansai-u.ac.jp
URL: http://sites.google.com/site/masaruinaba/
Current Position
Professor, Faculty of Economics, Kansai University, April 2017–present. Senior Research Fellow, The Canon Institute for Global Studies, January 2011– present.
Academic Experience
Research Experience
Associate Professor, Faculty of Economics, Kansai University, April 2011– March 2017.
Visiting Associate Professor, The Center for International Research on the Japanese Economy (CIRJE), Graduate School of Economics, The University of Tokyo, April 2015 – March 2016.
Visiting Seniour Lecturer, the School of Economics, University of Kent, 4th August 2015 – 4th September 2015.
Part-time Lecturer, Graduate School of Economics, Osaka University, April 2015– September 2015.
Research Fellow, The Canon Institute for Global Studies, April 2009 – De- cember 2010.
Research Assistant, Research Institute of Economy, Trade & Industry, Decem- ber 1999 – March 2009.
Teaching Experience
“Introduction to the Japanese Economy (undergraduate level)” at Faculty of Economics, Kansai University, 2011 and 2016.
“Introduction to Numerical Methods for Macroeconomics.” Graduate school of Economics, Faculty of Economics, Osaka University, April 2014 – September 2015.
“Introduction to Numerical Methods for Macroeconomics.” Graduate school of Economics, Faculty of Economics, Kobe University, April 2014 – September 2014.
“The Japanese Economy (undergraduate level)” at Faculty of Economics, Kan- sai University, April 2013 – present.
“Intermediate Macroeconomics (undergraduate level)” at Faculty of Economics, Kansai University, April 2011 – present.
“Macroeconomics (undergraduate level)”at Faculty of Law, Keio University, winter 2010.
“Macroeconomics (graduate level)” at Faculty of Economics, Gakushuin Uni- versity, FY2010.
“Macroeconomics (undergraduate level)”at Faculty of Economics, Yokohama National University, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, and 2010.
“Macroeconomics (graduate level)”at International Graduate School of Social Sciences, Yokohama National University, winter 2008.
Education
Ph.D. in Economics, University of Tokyo, April 2009 M.A. in Economics, University of Tokyo, March 1998 B.A. in Economics, Yokohama National University 1996
Research Interests
Macroeconomics, Business Cycle, Economic Growth, Asset Price, Rational Bubbles, Dynamic General Equilibrium Models, Applied Econometrics, and
Computational Economics.
Honors and Grants
Grant-in-Aid from The Murata Science Foundation, 2017. Grant-in-Aid for Scientific Research (B), 2016-2018. Grant-in-Aid from Nomura Foundation, 2015.
Grant-in-Aid from the Japan Securities Scholarship Foundation, member, 2014. Grant-in-Aid from the Japan Center for Economic Research, member, 2014. Grant-in-Aid from the Zengin Foundation for Studies on Economics and Fi- nance, 2014.
The Kansai University Subsidy for Supporting Young Scholars, member, 2013. Grant-in-Aid for Scientific Research (C), member, 2012-2014.
Grant-in-Aid for Scientific Research (B), 2012-2015.
The Kansai University Subsidy for Supporting Young Scholars, 2012.
Research Papers
Publications
“Business Cycle Accounting for the Japanese Economy Using the Parameter- ized Expectations Algorithm,” Kansai University Review of Economics, Fac- ulty of Economics, Kansai University, vol. 19, pages 1–7, March 2017.
“Asset Bubbles and Bailouts,” (with Tomohiro Hirano and Noriyuki Yana- gawa), Journal of Monetary Economics, vol. 76, Supplement, pages S71–S89, 2015, December.
“An Application of Business Cycle Accounting with Misspecified Wedges,” (with Kengo Nutahara), Review of Economic Dynamics, Elsevier, vol. 15(2), pages 265–269, April, 2012.
“Credit, Externalities, and Nonoptimality of the Friedman Rule,” (with Kei- ichiro Kobayashi and Kengo Nutahara), Theoretical Economics Letters, vol. 2(2), pages 203–208, 2012.
“Collateral Constraint and News-driven Cycles,” (with Keiichiro Kobayashi and Tomoyuki Nakajima), Macroeconomic Dynamics, vol. 16(05), pages 752– 776, 2012, November.
“The Role of Investment Wedges in the Carlstrom-Fuerst Economy and Busi- ness Cycle Accounting,” (with Kengo Nutahara) Economics Letters, Elsevier, vol. 105(3), pages 200-203, December, 2009.
“Business Cycle Accounting for the Japanese Economy,” Japan and the World Economy, Elsevier, vol. 18(4), pages 418-440, December, 2006.
“Debt Ddisorganization in Japan,” Japan and the World Economy, Elsevier, vol. 17(2), pages 151-169, April, 2005.
Working Papers
“Regional Business Cycle and Growth Features of Japan,” (with Keisuke Otsu), CCIGS Working Paper Series 15-004E, The Canon Institute for Global Studies, 2017, March.
“Regional Business Cycle and Growth Features of Japan,” (with Keisuke Otsu), CIRJE F-Series CIRJE-F-1005, Center for International Research on the Japanese Economy, Faculty of Economics, The University of Tokyo, 2016, March.
“Asset Bubbles and Bailouts,” (with Tomohiro Hirano and Noriyuki Yana- gawa), CIGS Working Paper Series 15-004E, The Canon Institute for Global Studies.
“Asset Bubbles and Bailouts,” (with Tomohiro Hirano and Noriyuki Yana- gawa), CIGS Working Paper Series 14-001E, The Canon Institute for Global Studies.
“Asset Bubbles and Bailouts,” (with Tomohiro Hirano and Noriyuki Yana- gawa), CARF F-Series CARF-F-268, Center for Advanced Research in Fi- nance, Faculty of Economics, The University of Tokyo.
“An Application of Business Cycle Accounting with Misspecified Wedges,” (with Kengo Nutahara), Discussion papers 11–E–005, Research Institute of
Economy, Trade and Industry (RIETI), 2011.
“Quantitative Significance of Collateral Constraints as an Amplification Mech- anism,” (with Keiichiro Kobayashi), Discussion papers 09–E–035, Research Institute of Economy, Trade and Industry (RIETI), 2011.
“Asset Price Bubbles in the Kiyotaki-Moore Model,” MPRA Paper 36632, University Library of Munich, Germany. of Munich, Germany, 2010.
“On Equivalence Results in Business Cycle Accounting,” (with Kengo Nuta- hara) Discussion papers 08–E–015, Research Institute of Economy, Trade and Industry (RIETI), 2008.
“The Role of Investment Wedges in the Carlstrom-Fuerst Economy and Busi- ness Cycle Accounting,” (with Kengo Nutahara) MPRA Paper 8337, Univer- sity Library of Munich, Germany, 2008.
“Technical Appendix: Business Cycle Cccounting for the Japanese Economy in a Deterministic way,” RIETI mimeo, 2007.
“Business Cycle Accounting for the Japanese Economy Using the Parameter- ized Expectations Algorithm,” Discussion papers 07–E–061, Research Institute of Economy, Trade and Industry (RIETI), 2007.
“Technical Appendix: Business Cycle Accounting for the Japanese Economy Using the Parameterized Expectations Algorithm,” RIETI mimeo, 2007.
“Debt-ridden Equilibria - A Simple Theory of Great Depressions,” (with Kei- ichiro Kobayashi) RIETI Discussion Paper Series 07–E–025, 2007.
“Collateral Constraint and News-driven Cycles,” (with Keiichiro Kobayashi and Tomoyuki Nakajima) RIETI Discussion Paper Series 07–E–013, 2007.
“Irrational Exuberance’ in the Pigou Cycle under Ccollateral Constraints,” (with Keiichiro Kobayashi) RIETI Discussion Paper Series 06–E–015, March 2006.
“Borrowing Constraints and Protracted Recessions,” (with Keiichiro Kobayashi) RIETI Discussion Paper Series 06–E–011, March 2006.
“Business Cycle Accounting for the Japanese Economy,” (with Keiichiro Kobayashi) RIETI Discussion Paper Series 05–E–023, September 2005.
“Monetary Cycles,” (with Keiichiro Kobayashi) RIETI Discussion Paper Series 04–E–020, 2004.4.
“Japan’s Lost Decade and the Complexity Externality,” (with Keiichiro Kobayashi) RIETI Discussion Paper Series 02–E–004, March 2002.
Books
“A Structural Analysis for the Economic Fluctuations in Japan,” doctoral dissertation, the University of Tokyo, 2009.
Other articles (in Japanese)
“Disorganization in Japan,” (with Keiichiro Kobayashi) in Mitsuhiro Fukao, Keiichiro Kobayashi, and Tatsuya Terasawa ed. Economics in Restructuring Balance Sheet, Toyokeizaishinpo-sha, 2001.
Conference and Seminar Presentations
Seminar presentation, Nazarbaev University, Kazakhstan, July 2017.
Money Macro and Finance Research Group 48th annual conference, University of Bath, September 2016.
Seminar presentation, Nagasaki University, March 2016. Seminar presentation, University of Tokyo, November 2015.
Annual Meeting of the Japanese Economic Association, Sophia University, October 2015.
Money Macro and Finance Research Group 47th annual conference, Cardiff University, September 2015.
Seminar presentation, Kansai University, March 2015.
Seminar presentation, National Taiwan University, March 2015. Seminar presentation, University of Lausanne, November 2014.
JME-SNB-SCG Conference Asset Price Fluctuations and Economic Policy, November 7-8, 2014.
The 16th International Conference of the IFABS, ISCTE Business School , June 2014.
Seminar presentation, University of Kent, June 2014. Seminar presentation, Meiji University, May 2014.
Seminar presentation, University of Southampton, September 2013. Seminar presentation, University of Kent, September 2013.
Money Macro and Finance Research Group 46th annual conference, Queen Mary University of London, September 2013.
The 28th Annual Congress of the European Economic Association, University of Gothenburg, August 2013.
Seminar presentation, University of Kent, September 2012.
Money Macro and Finance Research Group 45th annual conference, Trinity College Dublin - The University of Dublin, Ireland, September 2013.
The 27th Annual Congress of the European Economic Association, University of Malaga, August 2012.
Seminar presentation, Toyama University, 2011.
Annual Meeting of the Japanese Economic Association, Kwansei Gakuin Uni- versity, September 2010.
The 25th Annual Congress of the European Economic Association, University of Glasgow, August 2010.
Seminar presentation, Housei University, 2009.
Far East and South Asia Meeting of the Econometric Society, University of Tokyo, August 2009.
Seminar presentation, Yokohama National University, 2009.
Japanese Economic Association Fall Meeting, Kinki University, September
2008.
The 18th annual meetings of the Society for Economic Dynamics, in Prague (Czech Republic), June 2007.
The 17th annual meetings of the Society for Economic Dynamics, in Vancouver (Canada), July 2006.
Professional Affiliations
American Economic Association Econometric Society
European Economic Association Japanese Economic Association
