vita

EMPLOYMENT

Hunter College, City University of New York, New York, August  2011 to present 
       Associate Professor, Department of Economics 

Federal Reserve Bank of New York, New York, Sept 2009 - August 2011
       Senior Economist, Oct 2010 to August 2011
       Economist, Sept 2009 to Sept 2010

University of Southern CaliforniaMarshall School of Business, Los Angeles, Aug 2007 - May 2009
        Assistant Professor, Department of Finance and Business Economics

Goldman Sachs, Tokyo, Japan, April 1996 - July 1999
       Fixed Income Division, Capital Markets Department, Feb 1997 - July 1999
       Investment Banking Division, April 1996 - Feb 1997
 

EDUCATION

New York University, New York
        Ph.D in Economics, May 2007
        Thesis advisors: Thomas Sargent and Gianluca Violante
 
Harvard University, John F. Kennedy School of Government, Cambridge
        M.P.A./I.D. Master in Public Administration/International Development, June 2001
 
Waseda University, Tokyo, Japan
        School of Political Science and Economics
        B.A. in Political Science, March 1996
       

PRIMARY RESEARCH FIELDS

Macroeconomics
Topics:  income taxation, social security, health insurance, unemployment, demographics, social security,   
                 Medicare, entrepreneurship

PUBLISHED PAPERS

  1. "Social Security Reforms: Benefit Claiming, Labor Force Participation and Long-run Sustainability"
    (joint with Selahattin Imrohoroglu)
    American Economic Journal: Macroeconomics, forthcoming
  2. "Hiring Subsidies, Job Creation and Job Destruction" 
    (joint with Aysegul Sahin and Joseph Song)
    Economics Letters, 2011 (December), Vol. 113: No. 3, pp. 248-251.
  3. "Why Small Businesses Were Hit Harder by the Recent Recession" 
    (joint with Aysegul Sahin, Anna Cororaton and Sergiu Laiu)
    Current Issues in Economics and Finance, 2011 (July), Vol. 17: No. 4.
  4. "Financing Medicare: A General Equilibrium Analysis" 
    (joint with Orazio Attanasio and Gianluca Violante) 
    In Demography and the Economy, 2011, edited by John Shoven, University of Chicago Press. 
  5. "Macroeconomic and Redistributional Effects of Consumption Taxes in the United States"
    Japanese Economic Review2011 (March), Vol. 62:No. 1, pp. 63-81.
  6. "Labor-dependent Capital Income Taxation"
    Journal of Monetary Economics2010 (November), Vol. 57: No. 8, pp. 959-974. 
  7. "Short-run Fiscal Policy: Welfare, Redistribution and Aggregate Effects in the Short and Long-run"
    Journal of Economic Dynamics and Control, 2010 (October), Vol. 34: No. 10, pp. 2109-2125.
  8. "Individual Retirement Accounts, Saving and Labor Supply"
    Economics Letters, 2010 (August), Vol. 108: No. 2, pp. 197-200 
  9. "Labor Supply Elasticity and Social Security Reform"
    (joint with Selahattin Imrohoroglu)
    Journal of Public Economics, 2009 (August), Vol. 93: No. 7-8, pp. 867-878
  10. "Taxing Capital? Not a Bad Idea After All!" 
    (joint with Juan Carlos Conesa and Dirk Krueger)
    American Economic Review, 2009 (March), Vol. 99: No. 1, pp.25-48
  11. "U.S. Tax Policy and Health Insurance Demand: Can a Regressive Policy Improve Welfare?" 
    (joint with Karsten Jeske)
    Journal of Monetary Economics, 2009 (March), Vol. 56: No.2, pp. 210-221
  12. "Entrepreneurship, Taxation and Capital Investment"
    Review of Economic Dynamics, 2008 (January), Vol. 11: No. 1, pp. 44-69
  13. "Global Demographic Trends and Social Security Reform"
    ( joint with Orazio Attanasio and Gianluca Violante)
    Journal of Monetary Economics, 2007 (January), Vol. 54: No. 1, pp. 144-198
  14. "Quantifying the Effects of the Demographic Transition in Developing Economies"
    (joint with Orazio Attanasio and Gianluca Violante)
    The B.E. Journals in Macroeconomics, Advances in Macroeconomics, 2006 (April), Vol. 6: No. 1, Article 2.

WORKING PAPERS & WORK IN PROGRESS

  • "A Life Cycle Model of Trans-Atlantic Employment Experiences"
    (joint with Lars Ljungqvist and Thomas J. Sargent)

  • "Sustaining Fiscal Balance in Japan"
    (joint with Selahattin Imrohoroglu)
  • "Sustainable Social Security: Four Options"

OTHER EXPERIENCE

  • The University of Tokyo, CIRJE, June-July 2007, June 2010
          Short-term visitor, Tokyo, Japan

  • International Monetary Fund, Research Department, June-Aug 2004
           Intern, Washington, D.C.

  • Merrill Lynch & Co., Credit Research Department, June-Aug 2000
           Intern, New York and Tokyo

  • Japan International Cooperation Agency (JICA), Jan-Mar 1994
           Intern, Tokyo, Japan

  • Japan-America Student Conference, June-Aug 1993
           Intern, Washington, D.C.

  • Yujin gakuin (public primary school), Jan-May 1992
           Assistant instructor of Japanese language, volunteer, Eugene, Oregon

  • University of Oregon,  September 1992 - May 1993
           Exchange student, Eugene, Oregon

  •  

INVITED SEMINARS & CONFERENCE PRESENTATIONS (incl. scheduled)

  • 2011 Hunter College CUNY, Yeshiva University, CUNY Graduate Center, Midwest Macroeconomics Meetings in Nashville, NYU Alumni Conference,  Canon Institute for Global Studies Conference on Macroeconomic Theory and Policy.
  • 2010 AEA Annual Meetings in Atlanta, JEA Annual Meetings in Chiba, University of Tokyo, National Graduate Institute for Policy Studies (GRIPS) in Tokyo, SED Meetings in Montreal, University of Quebec at Montreal (UQAM), Queen's University, Rutgers University, SUNY Albany, Federal Reserve Bank of Kansas City
  • 2009 University of Hawaii, Federal Reserve Bank of New York, Stony Brook University, Federal Reserve Bank of Philadelphia
  • 2008 NBER Conference on Demography and the Economy, USC, UC San Diego, University of Tokyo, Bank of Japan, New York/Philadelphia Fed Workshop on Quantitative Macroeconomics
  • 2007 AEA Annual Meetings in Chicago, Columbia GSB, University of Maryland, University of Illinois at Urbana-Champaign, Federal Reserve Bank of Atlanta, University of Tokyo (2), University of Pennsylvania, Bank of Japan
  • 2006 Carnegie-Rochester Conference, USC Marshall, NYU Stern, University College London, Federal Reserve Bank of Chicago
  • 2005 Federal Reserve Bank of Atlanta, University of Tokyo, Chicago-NYU College Bowl, German Workshop in Macroeconomics, SED Meetings in Budapest, Midwest Macroeconomics Meetings in Iowa City
  • 2004 IMF Workshop on DSGE Modeling
     

GRANT & FELLOWSHIP AWARDS

  • Abe Fellowship, Social Science Research Council, 2012-2013

  • Advancing Scholarship in the Humanities and Social Sciences Initiative at USC, 2009

  • Steven H. Sandell Grant Program, Center for Retirement Research at Boston College, 2008

  • CV Starr Center Fellowship, New York University, 2007

  • Dean's Dissertation Fellowship, New York University, 2005 - 2006

  • Graduate Research Assistantship, New York University, 2003 - 2005

  • IMF Joint-Japan Scholarship, 2001 - 2003

  • AT&T Leadership Award, 1999 - 2000

  • Exchange program scholarship, Waseda University and University of Oregon, 1992-1993
     

OTHER ACTIVITIES & AFFILIATIONS

Referee services

American Economic Journal Macroeconomics
American Economic Review
B.E. Journal of Economic Policy & Analysis
B.E. Journal of Macroeconomics
Current Issues in Economics and Finance 
Economic Inquiry
Economic Journal
Economic Systems
Economic Theory
Economics Letters
Empirical Economics
European Economic Review
FinanzArchiv (Public Finance Analysis)
International Economic Review
Japanese Economic Review
Journal of Economic Dynamics and Control
Journal of Economic Theory
Journal of Monetary Economics
Jounal of Political Economy
Journal of Public Economics
Journal of Public Economic Theory
Macroeconomic Dynamics
National Science Foundation
Quantitative Economics
Review of Economic Dynamics
Review of Economic Studies

Member

Econometric Society, American Economic Association
 

TEACHING EXPERIENCE

NYU, Economics, Macroeconomics (PhD core) (TA, taught by John Leahy and Lars Ljungqvist)
NYU, Stern School of Business, Advanced Macroeconomics (MBA) (TA, taught by Lars Ljungqvist and Tom Sargent)
USC, Marshall School of Business, Intermediate Macroeconomics (Undergraduate)
Hunter College, CUNY, Money and Banking (Undergraduate)
 

MISCELLANEOUS

  • Committee involvement
    2011 CUNY Nobel Science Challenge Committee member
  • Conference coordination
    2012 and 2011, New York/Philadelphia  Workshop on Quantitative Macroeconomics (jointly with Makoto Nakajima and Aysegul Sahin)
  • Seminar coordination
    2007-2009 USC Marshall School of Business Macroeconomics Seminar
    2010-2011 Brown Bag Lunch Seminar at the Federal Reserve Bank of New York