| Position | Senior Professor |
|---|---|
| Degree | Ph.D. (Economics), Carnegie-Mellon University. |
| Specialty | Macroeconomics |
| Current Research Interests | The roles of public and private insurance for risks faced by the elderly and the macroeconomic consequences of aging for monetary and fiscal policy |
- Professional Career
R. Anton Braun is a Professor of Economics at the National Graduate Institute of Policy Studies (GRIPS) and an International Senior Fellow at the Canon Institute for Global Studies. Professor Braun’s research area is macroeconomics and his recent research analyzes the roles of public and private insurance for risks faced by the elderly and the macroeconomic consequences of aging for monetary and fiscal policy.
Prior to joining GRIPS in February of 2024, Professor Braun was a research economist and senior advisor at the Federal Reserve Bank of Atlanta from 2010-2024. Prior to that Professor Braun was a full professor of economics at the University of Tokyo from 2001 to 2010. His other previous appointments include International University of Japan, the Federal Reserve Bank of Minneapolis and the University of Virginia.
Dr. Braun has published research in a variety of peer-reviewed journals, such as: Econometrica, the Japanese Economic Review, the Journal of Monetary Economics, the Journal of Political Economy, and the Review of Economic Studies. He has also served as associated editor at the Journal of Money, Credit and Banking, Japanese Economic Review and is on the editorial board of Japan and the World Economy.
Dr. Braun received a bachelor of science degree in economics from Indiana University at South Bend, and earned his master's and doctorate in economics at Carnegie-Mellon University.
- Selected publications
Refereed Publications
“Old, Frail, and Uninsured: Accounting for Puzzles in the U.S. Long-Term Care Insurance Market,” with Karen Kopecky and Tatyana Koreshkova, Econometrica 87, May 2019.
“Why Prices Don’t Respond Sooner to a Prospective Sovereign Debt Crisis?” with Tomoyuki Nakajima, Review of Economic Dynamics 29, July 2018.
“Old, Sick, Alone and Poor: A Welfare Analysis of Old-Age Social Insurance Programs,” with Karen Kopecky and Tatyana Koreshkova, Review of Economic Studies 84, April 2017.
“Some Unpleasant Properties of Log-Linearized Solutions When the Nominal Interest Rate is Zero,” with Lena Boneva and Yuichiro Waki, Journal of Monetary Economics 84, December 2016.
“Implications of a Graying Japan for Government Policy,” with Douglas Joines, Journal of Economic Dynamics and Control 57, August 2015.
Other Publications
Aging, Deflation and Secular Stagnation,” in Federal Reserve Bank of Atlanta Policy Hub Papers, No. 13-2022, October 2022.
“How Does a Household’s Exposure to Monetary Policy Vary over the Life Cycle?” in Federal Reserve Bank of Atlanta Policy Hub: Macroblog, August, 20, 2021.
“Why Cash Transfers Are Good Policy in the COVID-19 Pandemic,” with Daisuke Ikeda, in Federal Reserve Bank of Atlanta Policy Hub, May 2020.
- Service and Honors
2010-Present Canon Institute for Global Studies, International Senior Fellow
2017-Present Japanese Economic Review, Associate Editor
2018-Present I-85 Macroeconomics Workshop, Co-Organizer
2021-Present Japan and the World Economy, Editorial Board
