Dr. Ryota Nakatani

(Doctor of Philosophy in Economics)

 

Education

University of California (Ph.D., M.A.)

 Completed my Ph.D. degree in 1 year and 10 months.

Hitotsubashi University (M.P.P., B.A.)

● Made the valedictorian speech.

University of Oxford (EFL)


Work Experiences

July 2016 - present: Economist at the International Monetary Fund (IMF)

 

April 2016 - July 2016: Deputy Director, Research and Statistics Department (RSD), Bank of Japan (BOJ)

 

April 2015 - March 2016: Associate Director of Macro Modeling at the BOJ

- Head the Quarterly Japanese Economic Model team

 

September 2014 - March 2015: Ph.D. Economist in the Economic Research Division of the BOJ

 

July 2011 - August 2012: Chief Economist in charge of the People’s Republic of China, Malaysia, Singapore, South Africa, Vietnam and the countries of the Middle East and North Africa at the BOJ

 

September 2009 - June 2011: Chief Economist in charge of the United Kingdom, Russia, Turkey, Poland, Ukraine, Romania, Czech Republic, Hungary, Bulgaria, Lithuania, Latvia and Estonia at the BOJ

 

June 2008 - August 2009: Associate Manager of Research Section at the BOJ Akita Branch

- Organized the 1st-ever BOJ conference on recyclable society with the BOJ Governor, professors and the CEO of global mining company, as the youngest conference organizer in BOJ's history

 

September 2006 - December 2006: Research Staff in the RSD of the BOJ

 

Refereed Journal Articles

“Adjustment to Negative Price Shocks by a Commodity Exporting Economy: Does Exchange Rate Flexibility Resolve a Balance of Payments Crisis?” Journal of Asian Economics, 15 June 2018, Available online.

 

“Output Costs of Currency Crisis and Banking Crisis: Shocks, Policies and Cycles” Comparative Economic Studies, 12 June 2018. Free full-text available at https://rdcu.be/WWz8

 

“Real and Financial Shocks, Exchange Rate Regimes and the Probability of a Currency Crisis” Journal of Policy Modeling, January-February 2018, Volume 40, Issue 1, Pages 60-73.

 

Structural Vulnerability and Resilience to Currency Crisis: Foreign Currency Debt versus Export” The North American Journal of Economics and Finance, November 2017, Volume 42, Pages 132-143.

 

“The Effects of Productivity Shocks, Financial Shocks and Monetary Policy on Exchange Rates: An Application of the Currency Crisis Model and Implications for Emerging Market Crises” Emerging Markets Finance and TradeNovember 2017, Volume 53, Issue 11, Pages 2545-2561. Free eprints available at http://www.tandfonline.com/eprint/aJrm2wNIHfzj2iS5BKM3/full

 

“Twin Banking and Currency Crises and Monetary Policy” Open Economies Review, September 2016, Volume 27, Issue 4, Pages 747-767. Free full-text available at http://rdcu.be/mHVo

 

Chapters

“Productivity and Profitability in New Zealand: The Role of Leverage, R&D, and Investment” in Selected Issues, July 2018, IMF, pp.48-55

 

“The 'New Mediocre' and the Outlook for Productivity in Asia” in Regional Economic Outlook. Asia and Pacific: Preparing for Choppy Seas, April 2017, IMF, pp.77-106 (co-authored)

 

Working Papers

“External Adjustment in a Resource-Rich Economy: The Case of Papua New Guinea” IMF Working Paper No.17/267.

 

“The Effects of Financial and Real Shocks, Structural Vulnerability and Monetary Policy on Exchange Rates from the Perspective of Currency Crises Models” UTokyo Price Project Working Paper Series No.61, Graduate School of Economics, University of Tokyo, 2014

 

“Welcome Home to Japan: Repatriation of Foreign Profits by Japanese Multinationals” Discussion Papers No.2008-04, Graduate School of Economics, Hitotsubashi University

 

Dissertation

“Essays on Exchange Rates, Crises and Monetary Policy” Doctoral Dissertation, Graduate School of Economics, University of California, 2014

 

Other Publications

“Recent Developments in the Chinese Housing Market” Bank of Japan Review 12-J-8, 2012

 

“Impact of the European Debt Crisis on Intra- and Extra-Regional Economies” Bank of Japan Review 10-J-12, 2010

 

“Current Situation of the Irish Economy” Global Economic Research Note, BOJ, 2010

  

Conference, Seminar, Forum and Workshop Presentations, and Lectures

 IMF Article IV Consultation Mission Seminar at the Treasury "Firm Performance in New Zealand: Productivity Enablers to Raise Profitability" in Wellington, 12 April 2018

 APD (Asia and Pacific Department) Discussion Forum at the IMF "New Zealand Productivity Paradox: Evidence from Firm-Level Data" in Washington D.C., 29 March 2018

 IMF Fact-Finding Mission Seminar at the Department of Treasury "Financial Programming for Papua New Guinea" in Port Moresby, 21 March 2018

 IMF Article IV Consultation Mission Seminar at the Department of Treasury "Debt Sustainability Analysis for Papua New Guinea" in Port Moresby, 7 September 2017

 IMF Article IV Consultation Mission Seminar at the Department of Treasury "Fiscal Rules for Papua New Guinea" in Port Moresby, 4 September 2017

 IMF Staff Visit Seminar at the Bank of Papua New Guinea "External Adjustment in a Resource-Rich Economy: The Case of Papua New Guinea" 26 May 2017

 APD Discussion Forum at the IMF "External Adjustment in a Resource-Rich Economy: The Case of Papua New Guinea" in Washington D.C., 11 May 2017

 APD Surveillance Meeting at the IMF "The New Mediocre and the Outlook for Productivity in Asia" in Washington D.C., 15 February 2017

 IMF Article IV Consultation Mission Seminar at the Department of Treasury "External Sector Assessment and the Effects of Exchange Rates on Balance of Payments" in Port Moresby, 30 September 2016

 PEPP (Program in Economic and Public Policy) Special Seminar, which was funded by the World Bank and the Asian Development Bank and held at the University of Tsukuba, "Macroeconomic Modeling at Central Banks: Economic Forecasts and Simulation Analyses" 11 May 2016 

 The 3rd SEACEN (South East Asian Central Banks Research and Training Centre) Intermediate Course on Econometric Modeling and Forecasting, which was hosted by Bank Indonesia, “Overview of Macroeconomic Modeling in Central Banks” in Bali, 18 April 2016

・ The 16th Annual Macro Conference, which was held at Keio University and sponsored by University of Tokyo, TCER, Hitotsubashi University, and Osaka University, “The Effects of Financial and Real Shocks, Structural Vulnerability and Monetary Policy on Exchange Rates from the Perspective of Currency Crises Models” 29 November 2014

 Public Economics Workshop at Hitotsubashi University “The Effects of Financial and Real Shocks, Structural Vulnerability and Monetary Policy on Currency Crises” 26 November 2014

・ Macro Modeling Workshop at the BOJ “The Effects of Financial and Real Shocks, Structural Vulnerability and Monetary Policy on Exchange Rates from the Perspective of Currency Crises Models” 10 November 2014 

・ Development Economics Seminar at the University of California “Currency Crises and Monetary Policy” 4 March 2014

・ Brown Bag Seminar at the University of California “Currency Crises and Monetary Policy” 19 February 2014

・ International Finance and Monetary Policy Workshop at the University of California “Optimal Monetary Policy Mix in a Currency Crisis” 7 October 2013

Financial Economics Course for Hitotsubashi University graduate students "Application of Graduate Level Economics to Monetary Policy and Working Experiences as an Economist at the Bank of Japan” January 2010

 Regional Economics Seminar of Distribution Economics Course at Akita Commercial High School “Current Economic Situation in Akita Prefecture” 26 May 2009

 

Seminar Participation

・ The 11th Central Banking Seminar at the European Central Bank “Formulation and Implementation of Monetary Policy in the Euro Area” in Frankfurt am Main, from 6 to 10 July 2015

 

Organization of Conference

・ The 1st BOJ Conference on Recycle Business of Resources, which was held at Akita University, 13 April 2009

 

Referee Activity

Open Economies Review, North American Journal of Economics and Finance