Japanese Literary Awards

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Keiichiro Kobayashi

こばやし けいいちろう

Kobayashi Keiichirō

Profile

Gender
Male
Born
1966-01-01
Nationality
Japan
Languages
Japanese

Career

Occupations
Economist, University Professor, Researcher
Active Years
1991-
Affiliations
Tokyo Foundation for Policy Research, Keio University, Faculty of Economics, Research Institute of Economy, Trade and Industry (RIETI), Hitotsubashi University Institute of Economic Research (affiliated, past)
Memberships
Subcommittee on COVID-19 Countermeasures (member)
Influenced By
Robert Lucas

Education

Junshin Gakuin Junior & Senior High School
Degree: High school diploma
Period: 〜1985
Year of Graduation: 1985
Country: Japan
University of Tokyo
Faculty of Engineering / Mathematical Engineering / Computational Mathematics
Degree: 学士 / 修士
Period: 1985-1991
Year of Graduation: 1991
Country: Japan
Bachelor (1989) and Master (1991) in mathematical/engineering fields
University of Chicago
Graduate School of Economics / Ph.D. Program (Economics)
Degree: Ph.D
Period: 1990s - 1998
Year of Graduation: 1998
Country: United States
Doctoral advisor included Robert Lucas

Awards

Nikkei Economic Book Culture Prize
2001
Work: The Trap of the Japanese Economy
Organization: Nikkei Inc.
Result: winner
Osaragi Jiro Forum Award (Encouragement Prize)
2002
Work: The Trap of the Japanese Economy
Organization: Osaragi Jiro Forum Award Committee
Result: winner

Awards & Nominations

Works

Major Works

The Trap of the Japanese Economy

2000 Economics (general / non-fiction)

A general-audience economic analysis of Japan's prolonged stagnation and deflation, examining fiscal and monetary policy challenges and arguing for structural transformation and appropriate policy responses.

DeflationFiscal issuesStructural transformation of industryMacroeconomic policy

The Economics of Balance Sheet Reconstruction

2002 Economics (edited volume)

An edited volume addressing balance-sheet problems and reconstruction policies, covering responses after financial crises and asset price declines.

Financial crisesAsset pricesPolicy responses

The Cost of Escape: Understanding Price Decline and Economic Crisis

2005 Economics (general / non-fiction)

Examines the economic impacts of price declines and considers appropriate policy measures to address them.

DeflationPolicy evaluationMacroeconomic theory

Bibliography

  • Fiscal Policy and Democracy: Is Populism a Road to Debt Crisis? (co-author)
  • Macro-theory of Balance Sheet Recession (chapter)
  • Long-term Economic Stagnation Due to Postponed Problems (chapter)
  • The Trap of the Japanese Economy (co-author)
  • The Economics of Balance Sheet Reconstruction (co-editor)
  • The Cost of Escape: Understanding Price Decline and Economic Crisis
  • How to Read Economic News
  • The Division of Labor, the Extent of the Market, and Economic Growth (Ph.D. Dissertation)

Style & Themes

Literary Style
Scholarly yet accessible prose aimed at general readersAnalytical style emphasizing the connection between theory and policy
Recurring Motifs
Fiscal issuesDeflation and pricesStructural transformation of industryIntergenerational issues

Legacy

A widely recognized economist whose academic work and public policy recommendations have influenced debate on Japan's fiscal and monetary policy.

Academic Societies

  • Japan Economic Association

Quotes

  • The COVID-19 pandemic will bring about long-term structural transformation of industry.
    Source: Joint proposals (Tokyo Foundation, etc.) (2020)

Trivia

  • Studied under Robert Lucas at the University of Chicago.
  • Served as a member of government advisory bodies on COVID-19 countermeasures.