Researcher's Profile

  • Professor
  • Ippei Fujiwara
  • Macroeconomics
E-mail
ippei.fujiwarae.u-tokyo.ac.jp
URL

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2025 Master BookOpen a new window

Biography

April 1993 Bank of Japan
July 2003 Deputy Director, Bank of Japan
July 2004 Head of Macro-Modeling, Bank of Japan
July 2005 Director, Bank of Japan
October 2011 Associate Professor, Australian National University, Crawford School of Public Policy
October 2013 Professor, Australian National University, Crawford School of Public Policy
April 2014 Professor, Faculty of Economics, Keio University
October 2025 Professor, RCAST, UTokyo

Research Interests

Rather than viewing the economy as a simple collection of data points, I seek to understand it as a complex, interconnected system. This systems-based perspective allows me to examine the causes of economic fluctuations, uncover the driving forces behind them, and consider what kinds of policy responses are most effective.
Economic movements are shaped by the interaction of many interrelated factors. Without a holistic understanding of these dynamics, effective policymaking is difficult. For instance, when discussing whether a weaker yen is good or bad for Japan, it is essential to examine the causes of the depreciation. Without such context, one cannot offer accurate assessments or appropriate policy advice.
Furthermore, the policy-economy relationship is bidirectional. Policies influence economic conditions, but economic realities also shape the policy environment. These feedback loops mean that analyzing raw data alone is not enough to assess the true impact of a policy.

Award

  • December 2024 Japan Bankers' Foundation for the Promotion of Academic Research, Foundation Award

Keywords

Macroeconomics, International Finance

Educational Systems

  • Graduate school of Economics
  • The Department of Advanced Interdisciplinary Studies

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