ACADEMIC ACHIEVEMENTS (A)

2010.04～2011.03

(1) ACADEMIC PAPERS

• “The Curious Case of the Liquidity Trap,” The Hikone Ronso, Spring 2011, No. 387, pp. 8-21.

(2) OTHER ACADEMIC ACTIVITIES

• Seminar Speaker, “Japan′s Liquidity Sump: Implications for the Global Financial Crisis,” Economics Department, Kansas State University, Manhattan, Kansas, May 18, 2010.
• Visiting Scholar, East-West Center, University of Hawaii, Honolulu, Hawaii, May 25-30, 2010.
• Invited Speaker, “Japan′s Economic Stagnation: Is it a Liquidity Sump?” Government Accounting Office (GAO), Washington, D.C., September 28, 2010.
• Invited Participant, “The American Experience in Southeast Asia, 1946-75” (Featuring Secretary of State Hillary Clinton, Ambassador Richard C. Holbrooke, Dr. Henry Kissinger, Ambassador John D. Negroponte), U.S Department of State, Washington, D.C., September 29-30, 2010.
• Participant, Allied Social Science Association Meetings, Denver, Colorado, January 7-9, 2011.
• Participant, AEA Continuing Education Program on New Developments in Fiscal and Monetary Policy, Denver, Colorado, January 9-12.
• Seminar, “The Curious Case of the Liquidity Trap: A Historical Perspective,” GRIPS, March 9, 2011.

2009.04～2010.03

(1) PRESENTATIONS DELIVERED AT ACADEMIC CONFERENCES

• “Japan’s Liquidity Sump: A New Interpretation of the Great Stagnation,” Economic Society of South Africa Conference, Port Elizabeth, South Africa, September 7, 2009.
• “Devolution of the Fisher Equation: Rational Appreciation to Money Illusion,” Economic Society of South Africa Conference, Port Elizabeth, South Africa, September 8, 2009.
• “Japanese Debt Monetization Before ZIRP: Intent, Extent, and Method,”(with L.E. Tapiheru), 8th International Conference of the Japan Economic Policy Association, Tokyo, November 29, 2010.
• “Japan’s Liquidity Sump: A New Interpretation of the Great Stagnation with Implications for the Global Financial Crisis,” 1st International Symposium in Computational Economics and Finance (ISCEF), Sousse, Tunisia, February 26, 2010.

(2) OTHER ACADEMIC ACTIVITIES

• Chair of Plenary Session I, 8th Annual International Conference of the Japan Economic Policy Association, Tokyo, November 28, 2010.
• “Comments on ‘Fiscal Policy Challenges of Japan’”, Conference on Global Financial and Economic Crisis: Fiscal Policy Issues After the Crisis, Jointly sponsored by ADBI and MOF Policy Research Institute (PRI), Tokyo, January 19, 2010.
  http://www.mof.go.jp/jouhou/soken/kenkyu/h21/ICFPI100119/100119%20S2-D2.pdf

2008.04～2009.03

PRESENTATIONS DELIVERED AT ACADEMIC CONFERENCES

• “Japan’s Liquidity Sump: Reinterpretation and Lessons of the Great Stagnation,” Meeting of the Western Economics Association International, Ryukoku University, March 25, 2009. (paper presented)

2007.04～2008.03

PRESENTATIONS DELIVERED AT ACADEMIC CONFERENCES

• “Japan′s Liquidity Sump: An Alternative Interpretation of the ‘Lost Decade.′” Paper presented at the Meeting of the Western Economics Association International, Seattle, June 29-July 3, 2007.

2006.04～2007.03

PRESENTATIONS DELIVERED AT ACADEMIC CONFERENCES (papers presented)

• “Japan′s Liquidity Sump: An Alternative Interpretation of the ‘Lost Decade,′” COE/ JEPA Joint Economic Conference, Tokyo, December 2-3, 2006.
• “The Reaction Function of Japan′s Fiscal Authorities,” Meeting of the Western Economic Association International, Beijing University, Beijing, China, January 12-14, 2006.

2005.04～2006.03

(1) ARTICLES IN BOOKS

• “The American Economy” (with Wade Pfau), in Amerika Shakai eno Tamenteki Apurochi (Multiple Approaches to American Society), ed. Yoneyuki Sugita, University Education Press, 2005.
• “American Financial System” (with W. Pfau), in Amerika Shakai eno Tamenteki Apurochi (Multiple Approaches to American Society), ed. Y. Sugita, University Education Press, 2005.

(2) PAPERS PRESENTED AT CONFERENCES

• “The Reaction Function of Japan′s Fiscal Authorities.” COE/JEPA Joint Economic Conference, Awaji, Hyogo, Japan, December 17-18, 2005.
• “Japan′s Monetary Policy Transition, 1955-2005,” (with N. Yoshino), International Atlantic Economic Conference, Berlin, Germany, 15-19 March, 2006.

2004.04～2005.03

(1) ARTICLES IN BOOKS

• “The American Economy” (with Wade Pfau), in Multiple Approaches to American Society (in Japanese), ed. Yoneyuki Suzuki, University Education Press forthcoming).
• “American Financial System” (with W. Pfau), in Multiple Approaches to American Society (in Japanese), ed. Y. Suzuki, University Education Press (forthcoming).

(2) PAPERS PRESENTED AT CONFERENCES

• “Japan′s Monetary Policy Transition, 1955-2004” (with N. Yoshino). FarEastern Meeting of Econometric Society, Yonsei University, Seoul Korea, July 1-3, 2004.
• “Japan′s Convoy System of Financial and Economic Regulation,” Society for Advancement of Socio-Economics (SASE), Washington, D.C., June 9, 2004.

(3) RESEARCH WORKSHOPS

• Coordinator; Monetary Policy Study Group (MPRG), American Economy Research Group (AERG), and Fiscal Policy Research Group (FPRG); GRIPS
• Participant, Macroeconomics Workshop, Tokyo University

2003.04～2004.03

(1) ARTICLES IN BOOKS

• “Akio Morita.” In Encyclopedia of Leadership, vol. 3, pp. 1026-29. London: Sage Publications, 2004.

(2) PUBLISHED CONFERENCE PROCEEDINGS

• “Teaching the Japanese Economy: Will the Twain Meet?” Economics and the Classroom Conference Proceedings,” Grand Teton National Park, September 11-13, 2003, pp. 157-73.
• “Japan’s Economic Stagnation: Interrogating the Monetary Policy Suspects,” The E-Global Age, New Economy, and China: A Close Up. PPBA, 2003, pp. 172-75.

(3) OTHER PAPERS PRESENTED AT CONFERENCES

• “Japan’s Monetary Policy, 1955-2003″ (with Naoyuki Yoshino). Western Economic Association International, 78th Conference, Denver, Colorado, July 11-15, 2003.

2002.04～2003.03

(1) ARTICLES IN BOOKS

• “Japan’Economic System.” In Encyclopedia of Modern Asia, Volume 3, pp. 210-16. New York: Berkshire Publishing Group, 2002.
• “Japan’Money.” In Encyclopedia of Modern Asia, Volume 3, p 224. New York: Berkshire Publishing Group, 2002

(2) DISCUSSION PAPERS

• “Interest with Appreciation: The Original Fisher Equation,” GRIPS Research Report Series I-2002-0006, September 2002.

2001.04～2002.03

(1)ARTICLES IN BOOKS

• “Walras’ Law and Clower’s Inequality,” In The Legacy of Leon Walras, Volume Ⅱ, pp. 485-95, edited by Donald A. Walker. Cheltenham: Edward Elgar, 2001. [Reprinted from Australian Economic Papers 23 (June 1984): 112-22.]

(2)PAPERS PRESENTED AT CONFERENCES

• “Interest with Appreciation: The Original Fisher Equation,” History of Economics Society 2001 Conference, Wake Forest University, Winston-Salem, N.C., 30 June 2001.
• “Monetization of Japanese Debt” (with Luctor E. Tapiheru), Western Economics Association International, 76th Annual Conference, San Francisco, 8 July 2001.

2000.04～2001.03

(1)ARTICLES IN BOOKS (Forthcoming)

• “Walras′ Law and Clower′s Inequality,” In The Legacy of Leon Walras, edited by Donald A. Walker. Cheltenham: Edward Elgar, forthcoming 2001. [Reprinted from Australian Economic Papers 23 (June 1984): 112-22.]
• “Japan-Economic System,” In Encyclopedia of Asia, Berkshire Reference Works, forthcoming.

(2)WORKING PAPERS

• “The Original Fisher Equation: A Modern Reconstruction,” Working Paper, November 2000.
• “Sectoral Changes in Japanese Bank Loans: Implications for Monetary Policy,” (with Peter Jacobs), Working Paper, February 2001.

1997.10～1999.03

（1）学術的論文

• “Sources of Output Fluctuations in the Postwar Japanese Economy”（with Kim Ashwin），Journal of Economics，vol.XXIV，no.2(1998)，pp.31-48.
• “From Bubble to Big Bang：Public Policy and the Japanese Financial Crisis，”Proceedings of the Pan-Pacific Business Conference XV，Seoul， Korea，June 1-3，1998，pp.319-321.
• “Window Guidance by the Bank of Japan：Was Lending Controlled？ ”（with Naoyuki Yoshino）Keio Economic Society Discussion Paper Series（KESDP no.9706），December / 1997.
• “The Cyclical Behavior of Government Lending Institutions in Japan，”Journal of Economics volXXIII，no.1（1997），pp.1-15.

（2）学会報告

• “Are Japanese Budget Deficits Monetized？”（with Luctor E.Tapiheru）.Thirty-Fifth Annual Meeting of the Missouri Valley Economic Association，Memphis，Tennessee，February 27，1999. [Also served as paper discussant and session chair.]
• “From Bubble to Big Bang：Public Policy and the Japanese Financial Crisis，”Pan-Pacific Business Conference XV,Seoul,Korea，June 3，1998.
• “The Reaction Function of Japan’s Fiscal Authorities，”Pacific Rim Allied Economic Organizations 3rd Biennnial Conference，Bangkok，Thailand，January 16，1998.[Also served as paper discussant and session chair.]
• “Sectoral Changes in Japanese Bank Loans”：Implications for Monetary Policy （with Peter Jacobs），Thirty-Fourth Annual Meeting of the Missouri Valley Economic Assocciation，Kansas City，Kansas，February 26，1997. [Also served as paper discussant and session chair.]

～1997.09

著書

• Labor-Fooling and the Phillips Phenomenon: History, Theory, and Evidence. Doctoral Dissertation 単著 昭和56年 University of Washington, Seattle, Washington pp.211

学術論文

• The Keynesian Conquest of America: The Interplay of Theory, Perception, and Political Reality. In Changing America: The Impact of the Behavioral Sciences. 単著 昭和58年3月 Proceedings of the Second Behavioral Science Conference, Northwest Missouri State University, pp. 83-85.
• Expected Money Growth, Expected Money Surprise, and Short-Term Yields. 共著 Ferrell,D. 昭和58年 The Journal of Economics, vol, IX pp. 102-107.
• Expected Money Growth, Expected Money Variability, and the System of Financial Yields. 共著 Ferrell, D. 昭和58年 Proceedings of the American Statistical Association (Business and Economic Statistics Section), pp. 541-45.
• Inflation, Money, and Obligational Markets. 共著 Ferrell,D. 昭和59年 Proceedings of the American Statistical Association (Business and Economic Statistics Section), pp. 363-66.
• Walras’Law and Clower’s Inequality 単著 昭和59年6月 Australian Economic Papers, Vol. 23, no.42 pp. 112-122.
• The Fisher Hypothesis, Obligational Markets, and the Neutrality of Expected Money Growth: A Joint Test with Quarterly U.S. Data 単著 昭和59年 The Journal of Economics.Vol. X pp. 32-36.
• Money, Market Structure, and Short-Term Yields. 共著 Ferrell,D. 昭和59年 Journal of the South-Western Society of Economists, Vol, 11, no. 1, pp. 126-33.
• A General Equilibrium Model with Symmetric Income Constraints and an Endogenous Real Wage 単著 昭和59年12月 Midsouth Journal of Economics, Vol. 8, no. 3, pp. 337-46.
• Forecasting Kansas Macro Variables Using Vector Auto regressive Method 共著 Ferrell,D. Meador,M. 昭和60年 The Journal of Economics, Vol. XI, pp. 99-101.
• 日米金融市場における構造変化-その原因と結果[変わりゆく日本の産業構造] 共著 細谷千尋 (監修) 丸茂明則 岡田仁孝 渡辺慎一 平成元年 The Japan Times, pp. 163-213
• The U.S. Fiscal Deficit and the Apocalypse: Some Second Thoughts. 単著 平成元年 IUJ Annual Review,Vol. 6 pp. 71-83
• Structural Change in American and Japanese Financial Markets: Clauses and Consequences, Research Paper Series ⅠⅠⅠ 単著 平成元年3月 Center for Japan-U.S. Relations, International University of Japan, 40 pp.
• Walras’s Law in Macro-economic disequilibrium ; A Reply. 単著 平成2年12月 Australian Economic Papers Vol.29, no.55, pp.283-86.

口頭発表

• Money Growth and Labor Surprise: Empirical Support from The U.S. Times Series. 単 昭和59年12月 Paper Presented at the Annual Conference of the North American Economics and Finance Association, New Orleans
• Inflation and Money Growth Under Obiligational Markets and Discretionary Policy 単 平成元年3月 Paper Presented to the Central Bank of the Philippines
• Window Guidance by the Bank of Japan: Was it Effective? 共 Yoshino,N. 平成6年1月 Paper Presented at the Western Economic Association Internatio nal Pacific Rim Conference Hong Kong
• The Original Fisher Equation: A Centennial Reconstruction 単 平成8年1月 Paper Presented at the Western Economic Association International Pacific Rim Conference Hong Kong
• The Cyclical Behavior of Government Lending Institutions in Japan. 単 平成8年3月The Journal of Economics(forthcoming)
• Sources of Output Fluctuations in the Postwar Japanese Economy 共 Ashwin,k. 平成9年3月 Annual meeting of the Missouri Valley Economic Association

Working Papers

• Paradox Lost: New Support for a Post-War Fisher Effect 共 Ferrell, D. 昭和62年3月 Kansas State University

その他

• Disputing Mr.Rutledge, Letter to the Editor. 昭和57年2月 The Wall Street Journa 新聞投稿
• Review of Understanding Keynes by John Fender. 昭和57年 Wall Street Review of Books. New Salem, N.Y.10, no. 4, pp. 348-351 学術誌書評
• Review of Theories of Inflation by Helmut Frisch. 昭和59年 The Journal of Economics, vol. X, pp. 235-36 学術誌書評4 Review of Taxes, Loans, and Inflation: How the Nation’s wealth Becomes Misallocated by C. Eugene Steuerle. 昭和60年 The Journal of Economics vol. XI, pp. 197-98. 学術誌書評
• Review of The Foundations of Macroeconomics and Monetary Theory by P.J.N.Sinclair 昭和61年 Wall Street Review of Books, vol. XIV, no. 1, pp. 19-22. 学術誌書評
• Review of Rational Expectations and Inflation by Thomas J. Sargent. 昭和62年 Wall Street Review of Books, vol. XV, no. 2, pp. 115-18. 学術誌書評
• Review of Monetarism and Liberalism: The Chilean Experiment by Sebastian and Alejandra Cox Edwards. 昭和62年 The Journal of Economics, vol. XII, pp. 137-38. 学術誌書評
• “Beikoku Ryugaku,” (Studying in America), Nihon Keizai Shimbun 平成2年7月 日本経済新聞 (平成2年8月25日) 新聞投稿
• “Vietnam’s Other Lesson,” 平成3年8月 The Korea Herald 新聞投稿
• Review of Money, Capital, and Fluctuations: Early Essays by F.A. Hayek 平成3年 学術誌書評
• Review of Economic Analysis of Property Rights by Yoram Barzel. 平成3年 Business Library Review, vol. 17, no.2, pp. 89-91. 学術誌書評
• Review of Current Issues in Monetary Policy in the United States and Japan : The Predictability of Money Demand (New York: Praeger, 1991) by Elias C. Grivoyannis. 平成4年 Business Library Review, vol. 17, no.3, pp. 236-37. 学術誌書評
• Review of Commercial Banking in an Era Deregulation (2ed.) by Emmanuel N. Roussakis (New York: Praeger, 1989). 平成4年 Business Library Review, vol. 17, no.3, pp. 250-51. 学術誌書評
• Review of Preclassical Monetary Theories (London: Pinter Publishers, 1989) by Thomas Guggenheim. 平成4年 Business Library Review, vol. 17, no.4, pp. 310-11. 学術誌書評
• Review of The Peasant Soul of Japan by Shoichi Watanabe. 平成4年 Business Library Review, vol. 17, no.3, pp. 207-209. 学術誌書評
• Review of In the Shadow of the Rising Sun: The Political Roots of American Economic Decline by William S. Dietrich 平成4年 Business Library Review, vol. 18, no.1, pp.3-6. 学術誌書評
• Review of The House of Nomura: The Inside Story of the Legendary Japanese Financial Dynasty by Albert J. Alletzhauser. 平成5年 Business Library Review, vol. 18, no.1, pp. 97-98. 学術誌書評
• Review of Foreign Competition in Japan: Human Resource Strategies by Robert J. Ballon (London: Ruotledge, 1992) 平成6年 Business Library Review, vol. 19, no.1, p. 46. 学術誌書評
• Review of Pacfic Asia by David Drakakis-Smith (London: Routledge, 1992) 平成6年 Business Library Review, vol. 19, no.1, p. 54. 学術誌書評
• Review of The Japanese Economy by Takatoshi Ito. 平成6年 Business Library Review, vol. 19, no.3, pp. 199-202. 学術誌書評
• Review of Strategic Capitalism: Private Business and Public Purpose in Japanese Industrial Finance by Kent E. Calder. 平成7年 Business Library Review, vol. 20, no.4, pp. 266-71. 学術誌書評
• Review of Japanese Monetary Policy by Kenneth J. Singleton (ed.). 平成8年 Business Library Review, vol.21, no.2, pp. 97-104. 学術誌書評
• Review of The Japanese Main Bank System: Its Relevance for Developing and Transforming Economics, ed. by Masahiko Aoki and Hugh Patrick. Business Library Review, forthcoming 学術誌書評

出版予定著書

• Structural Change in Japanese Banking 共 吉野直行 平成10年予定 Greenwood Publishing Group
• The Keynesian Paradox: Involuntory Unemployment in General Equilibrium 平成11年予定 Greenwood Publishing Group