Curriculum Vitae

Kimiko Terai

Faculty of Economics, Keio University

2-15-45 Mita, Minato-ku, Tokyo 108-8345 Japan

Education

■ Ph. D. in Economics, University of Tokyo, Japan, September 2003

   Title: Economic Analysis on Redistributive Politics

■ M.A. in Economics, University of Tokyo, Japan, March 1998

■ B.A. in Education, Tokushima University, Japan, March 1985

Academic Positions

■ Visiting Researcher, Mitsubishi Economic Research Institute, January 2019-December 2019 

■ Adjunct Professor, Keio Law School, Tokyo, Japan, April 2013-July 2013 

■ Professor, Faculty of Economics, Keio University, Tokyo, Japan, April 2012-

■ Adjunct Professor, Hosei University, Tokyo, Japan, April 2012-March 2013 

■ Professor, Faculty of Business Administration, Hosei University, Tokyo, Japan, April 2008-March 2012

■ Visiting Researcher, Department of Economics, University of California, Irvine, April 2007-March 2009

■ Associate Professor, Faculty of Business Administration, Hosei University, Tokyo, Japan, April 2002-March 2008

■ Research Fellow, Tokyo Institute for Municipal Research, Japan, April 2001-March 2002

■ Visiting Scholar, National Institute of Population and Social Security Research, Tokyo, Japan, November 1998-March 1999

Primary Research Fields

■ Public Economics; Public Finance; Political Economy

Editorial Service

■ Editor, Advances in Japanese Business and Economics, Springer, July 2024-

■ Associate Editor, Economics of Governance, Springer, January 2022-

Textbooks

■ Terai, Kimiko, and Yoichi Hizen (2015) Watashi-tachi to Kokyo-keizai (Public Economics: Incentives and Welfare), Yuhikaku Publishing

Books

■ Terai, Kimiko, Amihai Glazer, and Naomi Miyazato (2023) The Economics of Population Aging: Can Fiscal Decentralization Constrain Silver Democracy?, Yuhikaku Publishing (in Japanese)

■ Terai, Kimiko, Amihai Glazer, and Naomi Miyazato (2021) The Political Economy of Population Aging: Japan and the United States, Springer

■ Terai, Kimiko (2020) Japanese Health Insurance and Moral Hazard, Mitsubishi Economic Research Institute (in Japanese)

Edited Volumes

■ Ihori, Toshihiro, Kimiko Terai, eds. (2015) The Political Economy of Fiscal Consolidation in Japan, Springer

Papers Published in Refereed Journals

■ Terai, Kimiko, " Investment in Human Capital by a Shareholder," Applied Economics, forthcoming

■ Terai, Kimiko, and Amihai Glazer (2021) "How a Corrupt Official Can Increase His Budget," Economics and Politics, vol. 33, issue 1, pp. 133-147 

■ Terai, Kimiko (2019) "Supplementary Budget and Fiscal Cap," (in Japanese) Economic Review, vol. 70, no. 2, pp. 81-95

■ Terai, Kimiko, and Amihai Glazer (2019) "Why Principals Tolerate Biases of Inaccurate Agents," Economics and Politics, vol.31, issue 1, pp. 97-111

■ Terai, Kimiko, and Amihai Glazer (2018) "Rivalry Among Agents Seeking Large Budgets," Journal of Theoretical Politics, vol. 30, issue 4, pp. 388-409

■ Terai, Kimiko, and Amihai Glazer (2017) "Rewarding Successes Discourages Experimentation," FinanzArchiv/Public Finance Analysis, vol. 73, no. 4, pp. 361-381

■ Nishimura, Yukihiro, and Kimiko Terai (2017) "Strategic Delegation When Public Inputs for a Global Good Are Imperfect Substitutes," International Tax and Public finance, vol. 24, no. 1, pp. 96-111

■ Bessho, Shun-ichiro, and Kimiko Terai (2013) "Fiscal Restraints by Advisors," Economics of Governance, vol. 14, no. 3, pp. 205-232

■ Terai, Kimiko (2012) "Financial Mechanism and Enforceability of International Environmental Agreements," Environmental and Resource Economics, vol. 53, no. 2, pp. 297-308

■ Bessho, Shun-ichiro, and Kimiko Terai (2011) "Competition for Private Capital and Central Grants: The Case of Japanese Industrial Parks," Economics of Governance, vol. 12, no. 2, pp. 135-154

■ Terai, Kimiko (2009) "Interregional Disparities in Productivity and the Choice of Fiscal Regime," Journal of Public Economic Theory, vol. 11, no. 3, pp. 383-409

■ Terai, Kimiko (2009) "Electoral Control over Policy-motivated Candidates and Their Policy Biases," Economics of Governance, vol. 10, no. 1, pp. 43-64

■ Terai, Kimiko (2006) "Parties with Policy Preferences and Uncertainty over Voter Behavior," Social Choice and Welfare, vol. 27, no. 1, pp. 155-172; Erratum, p. 173

■ Terai, Kimiko (2004) "Redistribution under Proportional Representation," Social Choice and Welfare, vol. 22, no. 2, pp. 371-389

■ Terai, Kimiko (2003) "Electoral Alliance and Implemented Redistribution: An Interpretation on Non-Competitive Politics of Japan," Applied Economics Letters, vol. 10, no. 4, pp. 235-238

■ Terai, Kimiko (2002) "Electoral System Reform and Interregional Income Redistribution," (in Japanese) JCER Journal, no. 46, pp. 44-60

■ Terai, Kimiko (1999) "Social Security System and Intergenerational Distribution of Consumption," (in Japanese) JCER Journal, no. 39, pp. 21-34

Other Papers

■ Nishimura, Yukihiro, and Kimiko Terai (2021) "Electoral Commitment in Asymmetric Tax-competition Models," Discussion Papers in Economics and Business, No. 20-21, Graduate School of economics, Osaka University

■ Nishimura, Yukihiro, and Kimiko Terai (2016) ”The Direction of Strategic Delegation and Voter Welfare in Asymmetric Tax Competition Models," No 16-27, Discussion Papers in Economics and Business, Graduate School of Economics and Osaka School of International Public Policy, Osaka University

■ Terai, Kimiko (2014) "The Political Economy of Fiscal Consolidation in Japan: Why Is Japan Suffering from Persistent Fiscal Deficits?" Research Note, Fondation France-Japon de L'EHESS

■ Terai, Kimiko (2014) "Budget Process and Fiscal Discipline," (in Japanese) ECO-FORUM, vol. 29, no. 4, pp. 11-17

■ Terai, Kimiko (2014) "Delegation in the Budget Process," (in Japanese) Mita Gakkai Zasshi (Mita Journal of Economics), vol. 106, issue 4, pp. 5-21 

■ Nishimura, Yukihiro, and Kimiko Terai (2011) "Strategic Voting on Environmental Policy Making: The Case for "Political Race to the Top,"" University of Tokyo, Center for International Research on the Japanese Economy, Discussion Paper CIRJE-F-794

■ Terai, Kimiko (2001) "The Effects of Property Tax on Land Price and Supply of Residential Land," (in Japanese) Toshi Mondai (Municipal Problems), vol. 92, issue 11, pp. 69-81

Chapters in Books

■ Terai, Kimiko, and Amihai Glazer (2015) "Budgets under Delegation." In: Ihori, Toshihiro, Kimiko Terai, eds., The Political Economy of Fiscal Consolidation in Japan, Springer

■ Terai, Kimiko, and Yukihiro Nishimura (2012) "Kankyo Seisaku to Senryakuteki Tohyo (Environmental Policy and Strategic Voting." (in Japanese) In Aiji Tanaka and Hideki Konishi ed., Seijikeizaigaku no Shinchoryu, Tokyo: Keiso Shobo

■ Terai, Kimiko (2012) "Zaisei Akaji no Seijiteki Yoin to Sono Zesei." (in Japanese) In Takero Doi ed., Nihon no Zaisei wo Do Tatenaosuka, Tokyo: Nikkei Publishing

Book Reviews

■ Terai, Kimiko (2017) "Ihori Toshihiro and Hideki Konishi, Political Economics of Government Behavior: Analyzing Abenomics," (in Japanese) Kokyo Sentaku (Public Choice), vol. 68, pp. 144-147

Translation

■ Ihori, Toshihiro, et al. (2006) Nyumon Zaisei/Kokyo Seisaku (Japanese translation of Arye L. Hillman (2003) Public Finance and Public Policy, Cambridge University Press), Tokyo: Keiso Shobo

■ Ihori, Toshihiro, Takero Doi, Kimiko Terai (2004) Seiko Suru Seifu Shippai Suru Seifu (Japanese translation of Amihai Glazer and Lawrence Rothenberg (2001) Why Government Succeeds and Why It Fails, Harvard University Press), Tokyo: Iwanami Shoten

Conference Presentations