Professor of Economics, Kobe University
Former President, Society of Economics of the Household
President, Int'l Association for Research in Income and Wealth
My paper "The impact of population aging on the household saving rate: the case of Japan" was recently published open access in the Journal of the Economics of Ageing, vol. 34 (June 2026), 100625. Please access it at: https://t.co/IWZgggz54U
Please read my paper “The Impact of Population Aging on the Household Saving Rate: The Case of Japan” at https://t.co/S0PAboEs31. It finds that the age structure of the population is a major determinant of the household saving rate.
The Society of Economics of the Household (SEHO for short) will hold its annual conference in Pavia, Italy, on June 3-4, 2026. Please submit a paper by the Dec. 31, 2025, deadline. The call for papers can be found at the following URL: https://t.co/GfrV3G2JpB
Please read my paper “A New Modeling Approach to Help Address the Trump Tariffs” (co-authored with Nicholas Ford) at https://t.co/4MVEYhBpfn
In this paper we propose a novel modeling approach for analyzing the impact of the Trump tariffs.
The National Bureau of Economic Research will hold its annual conference on the Japanese economy in Tokyo on Aug. 4-5, 2026, and I am one of the organizers. Please submit your paper via the following link. The deadline for submissions is Jan. 31, 2026.
https://t.co/AL953pg5pi
I am a member of the Global Future Council on Financial Education of the World Economic Forum and we are trying to find ways to elevate the level of financial literacy throughout the world. https://t.co/emUBbTAd97
Please read “Bequests,” my survey paper on bequests, at https://t.co/X5dp2p0BU6 It is a useful survey of what impact bequests and other intergenerational transfers have on the consumption, saving, and labor supply of households.
Please read my paper “Do Non-Prudent Consumers Ever Engage in Precautionary Saving? Two Observations on Risk and Precautionary Saving,” w/ Luigi Ventura, which revolutionizes thinking on precautionary saving, at https://t.co/8HfAmlJWA1
Please read my intellectual obituary “Takatoshi Ito, scholarship on Japan’s economy transformed” w/Kosuke Aoki, Alan Auerbach, Anil K. Kashyap, Tsutomu Watanabe, and David Weinstein on VoxEU at https://t.co/uo0REvl9Ub
Please access my paper "On the impact of long-term care insurance on the behavior of parents and children: theory and evidence on Japan" w/Emin Gahramanov & Xueli Tang (Review of Economics of the Household, 12/2025) at https://t.co/1zOG9BywMM
I published "On the impact of long-term care insurance on the behavior of parents and children: theory and evidence on Japan" with Emin Gahramanov & Xueli Tang in the December 2025 issue of the Review of Economics of the Household. It is Open Access so you can access it for free.
CAUTION: Recently, someone claiming to be me has been soliciting investments in a bogus scam. I have no connection with this scam and you will lose all of your money if you invest in it so please do not invest in it under any circumstances.
Please read my paper with Luigi Ventura on “Why Do Europeans Save? Micro-Evidence from the Household Finance and Consumption Survey.” https://t.co/WRRdjVTkkq
Please read my paper with Emin Gahramanov and Xueli Tang on “The Nexus between Long-term Care Insurance, Formal Carer, Informal Care, and Bequests: The Case of Japan.” https://t.co/Ec4KGvVR6U
I published "Do the Retired Elderly in Europe Decumulate Their Wealth?" with Luigi Ventura in the 3/2024 issue of the Review of Income and Wealth. https://t.co/uTYKWSofPw