Brief Vitae of Fumio Hayashi

  • 1980  Ph.D. (Economics) Harvard University
  • 1980  Assistant Professor, Department of Economics, Northwestern University 
  • 1982  Associate Professor, Institute of Socio-Economic Planning, University of Tsukuba
  • 1985  Associate Professor, Department of Economics, Osaka University 
  • 1988  Professor, Department of Economics, University of Pennsylvania 
  • 1993  Carl Shoup Professor of Japanese Economy, Department of Economics, Columbia University
  • 1995  Professor, Department of Economics, University of Tokyo 
  • 2009  Professor, International Corporate Strategy, Hitotsubashi University  
  • 2015  Professor, National Graduate Institute for Policy Studies (GRIPS)

  • Click here for full CV in pdf,  here for Google citations.

Research Interests

         Macroeconomics, Applied Econometrics

Recent Publications 

  • "The Depressing Effect of Agricultural Institutions on the Prewar Japanese Economy", co-authored with Edward C. Prescott, Journal of Political Economy, August 2008.
  • "Emerging Market Currency Excess Returns", co-authored with S. Gilmore, American Economic Journal: Macroeconomics, October 2011.
  • "The Fundamentals of Commodity Futures Returns", co-authored with Gary Gorton and Geert Rouwenhorst, Review of Finance, January 2013.


Current Office Address

        7-22-1 Roppongi, Minato-ku, Tokyo 106-8677