2018-2019

Overview of Institute of Economic Research
Kyoto University

KIER

2018 -2019Overview of Institute of Economic Research Kyoto University

Foreword

C ON T E N T S◆2018-2019 Overview of Institute of Economic Research Kyoto University
Satoshi Mizobata, Director
Kyoto Institute of Economic Research

Foreword ……………………………………………………………………………………………… 01
Organization and Research Staﬀ ………………………………………………………………… 02
Actual Staﬀ …………………………………………………………………………………………… 03
List of Directors ……………………………………………………………………………………… 03
List of Professors Emeriti ………………………………………………………………………… 03
Research Divisions and Centers
Economic Information Analysis Division …………………………………………………… 04
Economic Institution Division ………………………………………………………………… 04
Strategic Economic Studies Division ………………………………………………………… 05
Finance Research Division ……………………………………………………………………… 05
Research Center for Economics of Complex Systems …………………………………… 06
Research Center for Advanced Policy Studies …………………………………………… 06
Contemporary Economic Analysis Division (Visiting Researchers) ………………… 07
Joint Usage / Research center“International Joint Research Center of Advanced Economic Theory” …………… 07
Kyoto University Research Coordination AllianceInternational Research Unit of Advanced Future Studies ……………………………… 08
Research Unit for Development of Global Sustainability ……………………………… 08
Unit of Academic Knowledge Integration Studies ……………………………………… 08
International Research Unit of Integrated Complex System Science (IRU-ICSS) … 08
Social Science Unit for Research and Education …………………………………………… 08
ICAM Kyoto Branch ………………………………………………………………………………… 09
Social Contribution ………………………………………………………………………………… 09
Track Records ……………………………………………………………………………………… 16
Library ………………………………………………………………………………………………… 18
Finances ……………………………………………………………………………………………… 19
Chronological Table ……………………………………………………………………………… 20
Map & Access ……………………………………………………………………………………… 21

For close to half a century, the Kyoto Institute of Economic Research (KIER) has been a leader in Japanin the sphere of fundamental scientiﬁc economics, with a focus on theoretical economics and econometrics.
Moreover, the Institute has recently increased its emphasis on research in the sphere of applied scientiﬁc
aspects of economics, and has gained a strong reputation for its positive progress in policy assessment andpolicy recommendations.
KIER conducts prominent research in the ﬁeld of economics at the international level, and our mission is
to contribute to the further development of the ﬁeld. Each member of the Institute aims to be a pioneer at
the front lines of international research, and our research team works with the primary goal of leading theﬁeld. For instance, in terms of number of research papers published in international journals per researcher
and the frequency of their citations in various scholarly publications, KIER, when ranked together withother economic institutes and the Graduate School of Economics (Faculty of Economics), maintains one of
the top positions among domestic academic institutions specializing in economics. The Institute hassigniﬁcantly contributed to the development of economic sciences at the international level.
KIER has managed to keep its position as the most prominent center for economic research in Japan
from its establishment until today thanks to its pursuit of the so-called American research institution modeland its recognition of the necessity of competition that comes with it. KIER was the ﬁrst institution in Japan
to implement reforms under this model. Based on these, Institute researchers began sending their papers toresearchers abroad in the form of technical reports, attempting to have them published in international,
peer-reviewed scientiﬁc journals. Researchersʼ academic and research achievements would be evaluated by
the number of papers published in specialized, peer-reviewed journals and the quality of those papers. KIER
would not issue its own academic journal, in order to stimulate publication in peer-review journals. InstituteResearchers would not be discouraged from taking long-term research trips overseas. One secretary would
be appointed for every two professors. KIER would also actively invite foreign researchers. The basic
criteria for employment and promotion policies would be academic and scientiﬁc results; the prestige ofapplicantsʼ previous educational institutions would not matter. This system̶oriented on scientiﬁc andacademic results̶was quite a unique one in Japanʼs economic sciences community of the late 1960s. As wehave created and developed our own research-oriented culture, KIER has become a highly honored Meccaof economic theory and econometrics.
Socioeconomic, research, and educational environments are constantly changing, and our Institute isevolving in three major directions. The ﬁrst is in its contribution to the development of economic sciences
through joint research and joint usage projects. In 2010, KIER was approved by the Japanese Ministry of
Education, Culture, Sports, Science and Technology (MEXT) as a Joint Usage/Research Center with anemphasis on fundamental research in the sphere of Economics of Complex Systems and Economic Strategy
and Organization, under the name “International Joint Research Center of Advanced Economic Theory”.
The research resources KIER has collected and international research networks it has formed havestrengthened its role in the international research community. The second direction is an approach thatemphasizes the importance of connecting real economic processes and theoretical research, a stance thathas led KIER to contribute to the development of applied scientiﬁc studies. The Research Center for
Advanced Policy was established in 2005, and is currently in its third term of operation. With thecooperation of the six academic researchers from the central ministries and agencies it has hired forﬁxed-term appointments, KIER has been raising the level of policy studies and actively proposing policy
recommendations. This enhanced interface between theoretical studies and policy implications allows theInstitute to contribute to society and to the economy. Particularly, we organized the Database Unit for
promoting evidence-based policy. The third direction is in the improvement of KIERʼs capacity to share
information globally. To do so, we actively organize international conferences and contribute towards
editing International journals.
KIER also considers education to be an important part of its mission and actively participates in
educating graduate school students and young researchers. Professors from our Institute teach at theGraduate School of Economics, and KIER also accepts special researchers from the Japan Society for the
Promotion of Science, ﬁxed-term researchers, and others. KIER has earned a positive reputation as a
training grounds for researchers, as many young scholars have gone on to become professors at renowned
universities after completing their education at our Institute. Moreover, KIER was one of the ﬁrst to
introduce the tenure-track system at Kyoto University and in the ﬁeld of social sciences. Our Institutemaintains an open-door policy towards employment and education of young talented researchers.
The world economic crisis and opaque economic conditions in the aftermath of it pose new challenges tothe whole ﬁeld of economics. Nowadays, when both competitiveness and research capability of the Japanesesociety are being questioned, there raises a necessity of conducting high-quality research conforming tointernational standards. I am conﬁdent that research spirit of our institute, institutionalized research andeducational styles, and our new directions will allow KIER to become a good means in tackling thecontemporary problems in the ﬁeld of economics. KIER has signiﬁcantly contributed to the development of
economic sciences in Japan, both by conducting modern research activities in the sphere of economics, andas a center of education and research for joint usage and joint research projects which attracts many
researchers from around the world. KIER will continue its unceasing eﬀorts and strive to maintain its
position as a center of development and creation in the sphere of economics.

Overview of Institute of Economic Research, Kyoto University

1Organization and Research Staﬀ
University of California
Keio University

The University of Tokyo

Inside Organization

KIER

Joint Usage / Research Center

Outside Organization

Osaka University

Actual Staﬀ

Kyoto University Research
Coordination Alliance・Research Unit for Developmentof Global Sustainability
・International Research Unit ofAdvanced Future Studies
・Unit of Academic Knowledge
Integration Studies

Graduate School of Economics

International Research Unit of Integrated
Complex System Science (IRU-ICSS)

Research Institute for Mathematical Sciences
Graduate School of Science

Social Science Unit for
Research and Education

Classiﬁcation

Economic Information Analysis Divisionb

Research Divisions

Economic Institution Division

Visiting researchers

Strategic Economic Studies Division
Finance Research Division

Economic Information Analysis Division

Research Center for Economics of Complex Systems
Research Center for Advanced Policy Studies

Research Staﬀs

Macroeconometric Analysis

Professor

Hiroshi TERUYAMA

Microeconometric Analysis

Professor

Hiroshi OSANO

Professor

Satoshi MIZOBATA

Professor

Akira OKADA

Professor

Chiaki HARA

Professor

Tadashi SEKIGUCHI

Assistant Prosessor

Jonathan NEWTON

Assistant Prosessor

Chia-hui CHEN

Assistant Prosessor

Hitoshi SADAKANEProfessor

Atsushi KAJII

Risk Management

Professor

Akihisa SHIBATA

Financial Econometric Analysis

Professor

Yoshihiko NISHIYAMAInternational Financial Economics(Visiting Researchers)

Professor

Byung-yeon KIM

Associate Professor

Vasily ANIKIN

Professor

Keiji NAGAI

Associate Professor

Yoko KONISHI

Spatial Economics

Professor

Tomoya MORI

Nonlinear Economic Dynamics

Professor

Tadashi SHIGOKA

Quantitative Macroeconomics

Associate Professor

Shuhei TAKAHASHI

Associate Professor

Daizo KOJIMAAssociate Professor

Yoshihiro SEKINE

Associate Professor

Masashi TAKETANI

Associate Professor

Takashi HATTORI

Associate Professor

Daisuke NAGAMACHI

Project Professor

Masahisa FUJITA

Project Professor

Kazuo NISHIMURA

Project Professor

Kazuo MINO

Section Head

Masatomi SASAKISpecialist Staﬀ

Shinji MATSUYAMA

Section Head

Tomoko MINOBE

Economic Analysis of Institutions

Economic Analysis of Organizations
International Trade and Economic Grouith
Strategic Economic Studies DivisionGame Theory

Environment and Public Policy
Strategic Market Theoy
Finance Research Division

Director

Mathematical FinanceContemporary Economic Analysis Division(Visiting Researchers)

Research Center for Economics of Complex Systems

Research Center for Advanced Policy Studies

Joint Usage / Research Center“International Joint Research Center ofAdvanced Economic Theory”

Administration Oﬃce
Head

General Aﬀairs Section

Satoru YAMAGUCHI

Library Section(as of October 2018)

2

11
1
1
3
16

Lecturer

Assistant
Professior

7
1
1

2

9

2

Sub-total

Administrative
Staﬀ

20
2
2
3
27

Total

6

6

26
2
2
3
33

(as of October 2018)

List of Directors
Directors

Experimental Economics
Economic Institution Division

Associate
Professor

Contemporary Economic Analysis Division (Visiting Researchers)

Cooperation
Research Areas

Other Grant-in-Aid, etc.
Total

ICAM Kyoto Branch

Research Divisions

Foreign visiting researchers

Professor

KISHIMOTO, Seijiro
AOYAMA, Hideo
BABA, Masao
MORIGUCHI, Chikashi
ONOE, Hisao
YUKIZAWA, Kenzo
MIYAZAKI, Yoshikazu
MIYAZAKI, Yoshikazu
ONOE, Hisao
BABA, Masao
KOIKE, Kazuo
KOIKE, Kazuo
SUGIMOTO, Syoshichi
SAWA, Takamitsu
FUKUCHI, Takao
SAWA, Takamitsu
FUJITA, Masahisa
SAWA, Takamitsu
NISHIMURA, Kazuo
YANO, Makoto
MIZOBATA, Satoshi
OKADA, Akira
MIZOBATA, Satoshi

Term

1962. 4 . 1
1966. 4 . 1
1971. 12. 1
1974. 4 . 1
1974. 7 . 16
1978. 7 . 16
1980. 2 . 8
1980. 4 . 1
1983. 4 . 2
1986. 4 . 1
1986. 10. 27
1987. 1 . 1
1988. 4 . 1
1990. 4 . 1
1994. 4 . 1
1995. 4 . 1
1999. 4 . 1
2001. 4 . 1
2006. 4 . 1
2010. 4 . 1
2012. 4 . 1
2016. 4 . 1
2017. 1 . 1

〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜
〜

1966. 3 . 31
1971. 11. 30
1974. 3 . 31
1974. 7 . 15
1978. 7 . 15
1980. 2 . 8
1980. 3 . 31
1983. 4 . 1
1986. 3 . 31
1986. 10. 27
1986. 12. 31
1988. 3 . 31
1990. 3 . 31
1994. 3 . 31
1995. 3 . 31
1999. 3 . 31
2001. 3 . 31
2006. 3 . 31
2010. 3 . 31
2012. 3 . 31
2016. 3 . 31
2016. 12. 31

List of Professors Emeriti
Professor Emeriti

KISHIMOTO, Seijiro
AOYAMA, Hideo
ONOE, Hisao
MIYAZAKI, Yoshikazu
SEO, Fumiko
SUGIMOTO, Syoshichi
MORIGUCHI, Chikashi
FUKUCHI, Takao
AOKI, Masahiko
SAWA, Takamitsu
UEHARA, Kazuyoshi
SAKAI, Akio
FUJITA, Masahisa
TUKATANI, Tuneo
NISHIMURA, Kazuo
WAKASUGI, Ryuhei
IMAI, Haruo
MINO, Kazuo
ARIGA, Kenn
YANO, Makoto

Date of the title conferred

1966. 4 . 2
1973. 4 . 2
1986. 4 . 1
1990. 1 . 23
1993. 4 . 1
1996. 4 . 1
1997. 3 . 4
1997. 3 . 4
2001. 3 . 6
2006. 4 . 1
2007. 4 . 1
2007. 4 . 1
2007. 4 . 1
2008. 4 . 1
2010. 4 . 1
2012. 4 . 1
2015. 4 . 1
2015. 4 . 1
2016. 4 . 1
2018. 4 . 1

Overview of Institute of Economic Research, Kyoto University

3

Research Divisions and Centers
Economic Information Analysis DivisionThis division, comprehensively viewing the theory and application of econometric analysis andexperimental economics as economic information analysis, aims to contribute to the development of theresearch ﬁeld. The division comprises three research sections: “macroeconometric research”,“microeconometric research”, and “experimental economics research”. The objectives of the division are
described below.
The ﬁeld of empirical economic research that, by using quantitative data to identify and statisticallyanalyze economic activity, tries to elucidate behavioral principles of economic agents and economic lawsof motion has been exhibiting new developments in recent years. Since developments in computer
technology have enabled the eﬃcient statistical calculations of large amounts of data, the ﬁeld of
microeconometrics, which analyzes microeconomic data related to households and ﬁrms based on the
behavioral principles of economic agents, is also developing. For this reason, in the ﬁeld of econometrics,
remarkable progress is being observed in the development of analysis methods for panel data, which
comprises time-series and cross-sectional information, and qualitative data that cannot be expressed inquantitative form. Further, eﬀorts at creating panel data by means of questionnaire surveys, etc., willgrow even more important in the future. The objective of “microeconometric research section” is tocontribute to the development of microeconometrics by fusing econometric theory with the applied
microeconomic areas such as the labor economics, corporate ﬁnance, and industrial organization.
At the same time, the analysis of macroeconomic data using time-series analysis techniques andcomputer-based numerical simulation techniques forms the core of the empirical analysis used inmodern macroeconomics. The objective of “macroeconometric research section” is, in order to realize
the further development of these cutting-edge ﬁelds of macroeconometrics, to promote the coordinationof econometric theory centering on time-series analysis techniques, economic model analysis techniques
based on numerical calculation (computational economics), and the theoretical and empirical analysis inmacroeconomics.
There have also, in recent years, been remarkable advances in the experimental methods used ineconomics. The objective of “experimental economics research section” is to develop the analysis of
economic phenomena using economic experiments, statistical techniques for analyzing the experimental
results, and behavioral economics.

Economic Institution Division
In this division, we study the emergence and evolution of social and economic organizations,institutions, and conventions. We are particularly interested in social and economic institutions,
corporate organizations, and social decision-making processes. We pursue our research agenda under
the following two headings.
Under the “economic analysis of institutions” heading, we compare economic institutions based on theempirical and theoretical analysis of the market system and various other institutions. We also attempt
to assess the emergence and evolution of such systems by incorporating techniques and insights
developed in sociology.
Under the “economic analysis of organizations” heading, we study the inner structure of organizations
and the relationships between them. We apply game theory to deal not only with corporate
organizations but also with legislative bodies and other types of organizations. We empirically assess
our ﬁndings and compare them with results in law, management, biology, and other related ﬁelds.

4

Strategic Economic Studies DivisionThis division bases its studies on the economic agentsʼ strategic behavior, which plays an importantrole in advanced economic theory, and aims to promote and disseminate state-of-the-art theoreticalresearch and its applications to various contexts. Established in 2009, this division also inherits theresearch program of the former Public Policy Division and undertakes research which connects theresults of theoretical analysis to policy planning. In order to conduct strategic analysis of the economy
from perspectives such as theory, application, and policy implications, this division is further divided
into two areas. One is “market economic strategy” and studies the economic phenomena from diﬀerent
angles in order to lay the foundations of policy analysis, based on strategic transactional relationships in
the market, which is the fundamental economic institution. The other area is “game theory” andcomprehensively studies the individual and group-level decision-making under settings with dynamics,
imperfect information, and so on.
In “market economic strategy”, the subject of research is broad aspects of the market economy. The
area analyzes strategic behavior of the economic agents such as ﬁrms, consumers, and governments,
scrutinizes methods for appraisal of market performance, and evaluates economic eﬀects of diverse
policies. The area also studies decision theory under risk and uncertainty, which is central todecision-making by participants in the market.
In “game theory”, this area further develops the methodology of game theory that is at the core of thestrategic analysis of the economy, through incorporating cutting-edge issues such as dynamics,
imperfect information, and incomplete information. The subject of research includes theory ofcooperation under long-run relationships with general information structure, analysis of individual andcollective decision-making that highlights the role of learning and evolution, the problems of signaling
and screening under dynamic environments, and the function of strategic information transmission
under various information structure. The area also covers applications of those results to the behaviors
of ﬁrms and organizations.

Finance Research Division
Investors and business people are required to discern the uncertainty existing within companies andthe market and accurately pursue proﬁtability within them with regard to the increasingly chaotic
current economy. Although it is critical to understand future uncertainties and to identify and measure
the various risks and to decisively optimize risk management, it is Financial Engineering and Financethat provide the foundation regarding them. With this in mind, it is evident that Financial Engineeringand Finance are ﬁelds of great importance. The Kyoto Institute of Economic Research established the
Research Center for Financial Engineering in 2000 and it has played a role as an international hub inthe ﬁeld for 10 years. In order to expand the functions of the center as a base for Financial Engineeringand ﬁnance research and education which were established through 10 years of its activity, the center
was reorganized to become “Finance Research Division” in April 2010.
The Finance Research Division aims to examine, in the light of the current global ﬁnancial crisis, theoptimal risk management in ﬁnancial markets and the roles of infrastructure, institutions, convention
and ethics to improve the ﬁnancial market quality as well as behavioral ﬁnance theory in order tocontend with a wider range of problems at higher levels than ever before. In addition, it seeks toanalyze the factors involved in theﬁnancial crises as well as themeasures needed to prevent theirre-occurrence. Moreover, placing
importance on risk management inorganizations, the Division has
established the following areas as its
research ﬁelds: “Risk Management”,“Market Quality”, “Mathematical
Finance”, “Financial Econometrics
Analysis”
and“International
Financial Economics”. The Division
will continue to study measures torevitalize
theeconomyandmeasures to deal with risks facing
the Japanese economy in the future,
while cooperating closely with other
Divisions at the Kyoto Institute of
Economic Research.

Overview of Institute of Economic Research, Kyoto University

5Research Center for Economics of Complex Systems
The application of the science of complex systems to economics advanced greatly in the 1990s. Within
this discipline, KIER has achieved great success in the ﬁelds of nonlinear economic dynamics and spatial
economics. Between 1997 and 2003, we received Grants-in-Aid for Scientiﬁc Research toward theformation of a center for the economics of complex systems. During this period, we held multiple
interdisciplinary and international conferences, and through joint research with many overseas scholars,
we achieved signiﬁcant results as an international center in this ﬁeld. The purpose of the establishmentof this center is to ensure a permanent research base for the economics of complex systems.
The Research Center for Economics of Complex Systems focuses on the study of “economics of complex
systems” as a central research theme, together with “spatial economics” and “economic dynamics”. The
objective of the “economics of complex systems” is to elucidate, in a uniﬁed way, strategic interdependent
relationships, spatiotemporal pattern formations, and macroeconomic ﬂuctuation phenomena. In order toexplain cyclical economic phenomena involving many agents, research on interdependence andself-organization is conducted to reconsider the hypotheses of the behavioral patterns of economic agents
applied in traditional economics. For example, results that deal with the relationship between multi-sector
economies and multiple equilibria and with high-dimensional chaos can be expected. “Spatial economics”
studies the mechanisms of economic agglomerations
such as industrial clustering, city formation, andSpatialEconometrics
Economics
transport network formation, whose spatial patterns
often provide typical examples of self-organization
Endogenous
Growthleading to the emergence of order.
MacroInternational
Economics of“Economic dynamics” develops formal methodologies
Dynamics
Trade
Complex Systems Strategic
used in nonlinear dynamic analysis based on the
Behaviour
standard spatiotemporal framework, and constructs a Dynamic
Game
Experimental
mathematical foundation common to all the research
Economics
areas of this center.
Biology

Research Center for Advanced Policy Studies
The Research Center for Advanced Policy Studies (CAPS) was established in July 2005 as part of KIER
to promote the joint research activities by ﬁxed-term researchers appointed from central government
oﬃces, who mainly conduct practical policy research, and tenured KIER researchers, who mainly conduct
theoretical research. This center handles three research areas: ﬁnancial policies (ﬁscal and monetary
policies), global policies (interdependence of international policies), and communal policies (environmental,
medical, and urban issues). These three policy research areas are closely related, and their combined
objective is the multifaceted analysis of policies based on the needs of the times. Particularly, the centerhas pushed forward toward evidence-based policy making, organizing the interdisciplinary studies bycooperating with natural sciences organizations.
CAPS comprises six professors with ﬁxed term appointment, hereinafter referred to as non-tenured
professors, and two tenured professors (the center director and vice-director; KIER position held
concurrently) responsible for the operation of the center. Non-tenured professors are dispatched fromgovernment departments (Cabinet Oﬃce, Ministry of Finance, Ministry of Economy, Trade and Industry,
Ministry of the Environment and Ministry of Land, Infrastructure, Transport and Tourism, Ministry of
Education, Culture, Sports, Science and Technology). From 2017, the center organized steering committeeby cooperating with Kyoto University as a whole.
By investigating the eﬃcacy of the techniques and theory pertaining to advanced economic analysis,
which is KIERʼs main research area, and quickly and precisely linking the results of advanced economic
research to policy analysis, the center reﬂects the fruits of its research in actual economic policies. Its
objective is to promote interaction that overcomes the barriers between governmental, private andacademic institutions, as well as between government departments, to realize a reciprocal ﬂow of humanresources between the policy-related institutions and the academic world, and to foster both theoreticaland empirical policy research.
The center was established based on an awareness of the fact that the cultivation of policy makers withsuperior skills of bargaining and persuasion, supported by specialized knowledge, and the formation ofpolicies that can attain a high level of approval from the international community is important for theJapanese government. In order to achieve the improvement in Japanese policy analysis required for this,
it is essential that the practice of compartmentalized policy formulation and analysis is abolished and that
two-way ﬂow of human resources and ideas is promoted between the policy-related institutions and theacademic world. The center thus plays an important role in continually providing a place for suchinteraction and supporting free and vigorous exchange.
Also, reﬂecting the fruits of the research performed by
KIER, which centers on theoretical study, in Japanʼseconomic policies represents an important opportunity todemonstrate the eﬃcacy of theoretical economic research.
At the same time, eﬀectively identifying the practical needsof actual policies is indispensable if theoretical economic
research is to maintain a sense of reality. Joint research
conducted with staﬀ at the center will allow full-time KIER
researchers to understand accurately latest policy-related
research needs, and to conduct theoretical and empiricalresearch that meets these needs.
6

Contemporary Economic Analysis Division (Visiting Research Division)
This division was established to accept outstanding researchers from outside the university as visiting
professors, and thereby attain powerful support for research. Its studies center on the theoretical andempirical research of the current problems of the Japanese economy. The topics of these studies
change every year.

Joint Usage / Research Center International Joint Research Center of Advanced Economic Theory
KIER has worked extensively to further joint research with researchers both in and outside Japan, as aninternational hub for researching advanced economic theory. In view of its activity in this area, KIER received
MEXT approval in FY2010 as the Joint Usage / Research Center under the name International Joint ResearchCenter of advanced economic theory, based on the medium-term objective of furthering research in two ﬁelds ofadvanced economic theory: economics of complex systems and economic strategy and organization. In FY2016,
KIER was again accredited as the Joint Usage/Research Center by MEXT.
The center uses the abundant human resources and facilities at KIER and the international research networks
that have been cultivated to date as research resources to further international joint research into advanced
economic theory, and is working to train researchers involved in economic theory research internationally. The
center is managed by the Joint Research / Usage Centerʼs Advisory Committee, comprising ten members-ﬁve
members from within KIER and ﬁve extramural members representing the researcher community.
Open project research is positioned at the heart of the centerʼs operations. This work uses KIERʼs researchresources regarding themes identiﬁed as important in economics, organizing research groups represented byresearchers outside KIER to publicly solicit and implement intensive joint research over the course one year. Many
unique research results can be expected to arise through the implementation of these projects.
In consideration of the scope of the specialist research, investigation of these open projects is implemented by the
Research Project Selection Committee comprising ﬁve members from within KIER and ﬁve external members, and
the Advisory Committee decides whether to take up the project based on the results of this investigation. For
FY2018, the following 15 projects general research projects included-were adapted, taking “economic analysis of
population problems” as the core them of the research project (i.e., the main research them).
Titles of the FY2018 Project Research Themes
Main Research Themes

Researcher Names and Aﬃliations

Health Examination under Uncertainty: Probability Updating with Irrational
Utility functions and its Policy Implications

Masako Ii : School of International and Public Policy, Hitotsubashi University

Population and Economic Growth

Tomoya Sakagami : Kumamoto-Gakuen University

Microdata and DSGE Analysis of Fiscal Policy Eﬀects on the Japanese Economy under a Falling
Birthrate and an Aging Population, Taking into Consideration Inter-generational Heterogeneity

Real ARAI : School of Economics and Management, Kochi University ofTechnology

General Research Themes

Researcher Names and Aﬃliations

Uncertainty and Economic Growth

Kizuku Takao : Department of Economics, Aomori Public University

Experiments on Repeated Games with Imperfect Monitoring under Multimarket Contact

Hajime Kobayashi : Faculty of Economics, Kansai University

A study on ﬁnancial systemic risks under model uncertainty and rational inattention

Yuan Tian : Faculty of Economics, Ryukoku University

A Theory of Subjective Learning and its Extension

Norio Takeoka: Graduate School of Economics, Hitotsubashi Univeristy

International Political Economy of Chinese and Russian Multinationals

Takuma Kobayashi : Faculty of Economics, Matsuyama University

International Comparison on the Relationship between State and Civil Society in Post-Transition Economies

Yokogawa, Kazuho : Faculty of Economics, Kanagawa University

Empirical analysis on the relation between ﬁnancial constraint and ﬁrm dynamics based on micro-data

Koji Kato : Faculty of Business Administration, Mejiro University

Factor adjustments and liquidity managements: Evidence from the Japanese lost two decades

Hirokazu Mizobata : Faculty of Economics, Kansai University

Development of theoretical and empirical frameworks for many-dimensional nonlinear spatial economic models

Miwa Matsuo : Research Institute for Economics and Business Administration, Kobe University

The Economics of Organization and Communication

Keizo Mizuno : School of Business Administration, Kwansei Gakuin University

Empirical studies on the formation of economic regions using Japanese intra-national trade data

Jens Wrona : Düsseldorf Institute of Competition Economics, Heinrich-Heine-Univeristy Düsseldorf

Asymptotic theory of sequential tests and estimation for unit root processes

Keiji Nagai : International Social Sciences, Yokohama National University

Further, the Center is internationally minded in its sharing of information on advanced economic theory, actively
hosting international conferences and symposiums on advanced economic theory research in concert with the
project research. The Centerʼs activities and information sharing is supported by the Joint Usage/ResearchCenterʼs Support Oﬃce.

Kyoto University Research Coordination Alliance
Kyoto University Research Coordination Alliance is mainly composed of Institutes and Centers of Kyoto
University. It strengthens the coordination through publication of information including study results, joint
operation and procurement of large-scale equipment, appropriate and uniﬁed management of internal sources
and their focused distribution to common issues. It also deals with the reinforcement and globalization of theresearch power of the University, including the graduate schools and faculties, by supporting the eﬀorts forcreation of new areas through fusion of diﬀerent areas of study.
Research Units for Exploring Future Horizons represent one of important activities of the Research
Coordination Alliance, and function to try bottom-up creation of new academic areas based on varied academicareas of Institutes and Centers. Four research units (International Research Unit of Advanced Future Studies,
Human & Nature Interlaced Life Science, Research Unit for Development of Global Sustainability, and Unit ofAcademic Knowledge Integration Studies) are established. Kyoto Institute of Economic Research participate in
the following three units.

Overview of Institute of Economic Research, Kyoto University

7

International Research Unit of Advanced Future Studies (IRU-AFS)
The International Research Unit of Advanced Future Studies was established on July28, 2015 in collaboration of 12 (now 15) Kyoto University research organizations basedon the New Integrated Creative Sciences Project (NICS Project) research activities (FY
2013-2014), and is operated by the Yukawa Institute for Theoretical Physics (YITP).
Its vision is to drive intellectual adventures of multi-discipline integration forparadigm shifts in exploration of universal laws and emerging principles governing theliving organisms, materials, mind, human societies, education and economics, and to
guide our future. IRU-AFS leverages its international research networks with many global guest faculties
to promote its original research in collaboration with the International Research Unit of Integrated
Complex System Science (IRU-ICSS) and the Unit of Synergetic Studies for Space (USSS). The Unit
Leader is Mr. Shinya Aoki (Yukawa Institute for Theoretical Physics).

Research Unit for Development of Global Sustainability
The Research Unit for Development of Global Sustainability was launched in June 2015,
replacing the Institute of Sustainability Science (ISS) which had conducted interdisciplinary
researches on sustainability since its establishment in 2006.
The Unit designs sustainability-building strategies based on the results of interdisciplinary
cooperation among scientists who conduct cutting-edge researches in ﬁelds of the naturalenvironment, human society, life as well as issues related to the participating seven
Research Institutes. These scientists clarify, in each of their ﬁelds, which factors determine life span ofsystems they deal with, and present their results on life span from the viewpoint of relative evaluation(assessment of the vulnerability of the natural environment and matters on a time scale of human beings).
The Unitʼs approach clearly diﬀers from past approaches that solely aimed at constant growth in limitedareas: our strategies are dynamic and global, recognizing the fact that the basis of human species forexistence do not remain unchanged forever.
KIER continues to participate in the Unit following the ISS, from an economics and policy research
perspective. The Unit Leader is Mr. Sumio Matsuura (Professor of Disaster Prevention Research Institute).

Unit of Academic Knowledge Integration Studies
This unit aims at the innovative development of interdisciplinary studies through the construction of adatabase of academic big data adapted to the cloud environment that utilizes big data from humanities,
social sciences and natural sciences. This unit develops advanced research on digital humanities in theboundaries of the research areas of informatics, humanities and social sciences.
Speciﬁcally, this unit engages in the construction of a database of big data through linking theinformation about academic materials which have been separately accumulated in the Libraries and theMuseum of Kyoto University. Kyoto University academic data will be integrated with the enormous
quantity of data on the Web provided by the Semantic Web Technology.
Interdisciplinary studies deal with various issues concerning the human security.
This unit's initiatives will allow to eﬃciently search for relevant papers, historicalmaterials, statistical data, and observation data from databases of academic big databy utilizing the semantic technology. This unit's initiatives will also attempt to clarify
the present situation of academic big data organization, altogether with theproposition of policies and future forecasts by means of analysis based on visualization,
machine learning and simulations. Unit Leader: Shoichiro Hara (Professor of Center forSoutheast Asian Studies).

International Research Unit of Integrated Complex System Science (IRU-ICSS)
Kyoto University is proud of its abundant human resources as well as outstanding research results in the
wide-ranging research ﬁelds from micro elements to macro human social economic phenomena. In order todraw out human resources that can develop further research and solve the increasingly complex and diverse
problems of the future, the “International Research Unit of Integrated Complex System Science” (“The Unit”),
which uniﬁes across divisions by planning international alliances based on the common research theme of“complex systems”, was established on 1 April 2010, and its oﬃces are located in the Kyoto Institute of
Economic Research (KIER).

Social Science Unit for Research and Education
Japan has been facing deﬂationary pressures and stagnant economic growth for more than 20 years. To
overcome these diﬃculties, we need to enhance the market quality and connect science and technology toaﬄuence. In this light, it is imperative to cultivate socio-scientiﬁc talents capable of handling ever-increasingdata and creating a new education and research system designed for developing seeds based on needs.
This project intends to help promote an evidence-based society in collaboration with medical schools andother natural science departments as well as humanities and social science graduate schools and research
institutions in our university. It aims to establish new humanities and social sciences based on quantitative
data, cultivate talents in most advanced areas of study, and create evidence-based interdisciplinary humansciences that elucidate human nature and society.
8

Placing the policy studies by the Research Center for Advanced Policy Studies (CAPS) instructors at its core,
we collaborate with departments that comprise the unit and with data-building hubs on and oﬀ campus increating panel data and big data that capture personal traits and social structures in ﬁelds ranging from social
science to life science. Utilizing the data, our project pursues research on determinants of social phenomena,
human activities, and health from innovative perspectives not found in existing research.
In academic year 2016, we will recruit graduate students who are interested in evidence-based humanscience from the departments that comprise the unit. These students will deepen understanding ofevidence-based human science and become ambassadors of evidence-based human science in their respective
research ﬁelds. They will also engage in research and education with CAPS instructors as student partners,
e.g. as research and teaching assistants. Professor Yoshihiko Nishiyama (KIER) served as the head of the unit.

ICAM Kyoto Branch
ICAM is a research center for complex systems founded in July 2002 by
Professor David Pines of the Santa Fe Institute as part of the University ofCalifornia. In July 2005, together with Division of Physics I of the Graduate
School of Science, KIER established a Kyoto branch of ICAM, and started toparticipate in its activities. Project Professor Kazuo Nishimura of KIER serves
as representatives of the ICAM Kyoto Branch.

Social Contribution◆ Symposiums and Seminars

Lectures and symposiums for adults and students are held periodically, and themes centering on the
introduction of economic frontiers and explanations of economic problems that are of great social
concern are raised. The economic research symposiums that are hosted every year have recently
raised such themes as the “Information Society and Economics”, “Management of the Creation of
Evolving Values”, and “Simpliﬁed Advanced Policy Analysis”.
Further, economic education activities are also pursued via the economic teaching symposium“Specially-Founded Academy for Referencing Advanced Finance and Economics”, and invitations tojunior high and high school students to attend public lectures as the audience.

Number of Previous Workshops and Symposiums
Fiscal Year

2013

2014

2015

2016

2017

Total Number

19（13）

19（9）

16（9）

15（8）

19
（9）

Note: Figures in parentheses show the number of international symposiums within the total number.

Number of Previous Workshops
FY

Microeconomics and Game Theoty Workshop
Econometrics Workshop
KIER Workshop
Contract Theory Workshop
Urban Economics Workshop
CAPS Workshop
Macroeconomics and Economic Systems Workshop
Joint Usage / Rsearch Center Workshop
Specially Promoted Research Workshop
OthersTotal Number

2013

2014

2015

2016

2017

28

34

37

39

40

12

6

11

12

9

2

2

3

5

4

2

2

1

3

1

11

10

11

7

9

5

7

13

12

5

14

19

19

30

26

6

11

10

3

8

6

14

17

−

−

0

4

5

10

3

86

109

127

121

105

Overview of Institute of Economic Research, Kyoto University

9Main Symposiums Hosted or Jointly Hosted by KIER (28 January 2012 to 21 March 2018)
Title

Guest Speakers

Workshop on Globalization, Innovation and Firm
Productivity in Japan, Korea and the Beyond

Jungsoo Park (Sogang University, Korea)
Sanghoon Ahn(KDI / Korea Development Institute, Korea)
Jung Hur (Sogang University, Korea)
Yasuyuki Todo (the University of Tokyo)
Daisuke Miyazawa (Development Bank of Japan)
Toshiyuki Matsuura (Keio University)
Keun Lee (Seoul National University, Korea)
Byung-Yeon Kim (Seoul National University, Korea)

Kyoto University ClockTower Centenniale Holl

Rajshri Jayaraman(European School of Management and Technology, Germany)
Hitoshi Matsushima (the University of Tokyo)
Dilip Mookherjee (Boston University, USA)
Debraj Ray (New York University, USA)
Koichi Takase (Waseda University)
Ryuichi Tanaka(National Graduate Institute for Policy Studies)
Masatoshi Tsumagami (Keio Univesity)
Kaoru Ueda (Nanzan University)

Research Building #2,
Kyoto University

Date2012/1/28〜2012/1/29

2012/3/16〜2012/3/17

2012/3/17〜2012/3/18

International Conference on Applied
Microeconomics and Development Economics

Trans-Paciﬁc Labor Seminar 2012

Hank Farber (Princeton University, USA)
Takao Kato (Colgate University, USA)
Richard Freeman (Harvard University, USA)
Daiji Kawaguchi (Hitotsubashi University)
Lisa Kahn (Yale University, USA)
Hiroshi Ono (Texas A&M University, USA)
Kenta Hayashi (Kyoto University)
Isamu Yamamoto (Keio University)
Peter Kuhn (University of California, Santa Barbara, USA)
Masaru Sasaki (Osaka University)
Giorgio Brunello (University of Padua, Italy)
Lindsay Oldenski (Georgetown University, USA)
Hodaka Morita(University of New South Wales, Australia)

Title

The Conference Center,
Paciﬁco YokohamaInternational Conference"System Transformation and Labour Motivation
Problems"

Irina Olympieva(Center for Independent Social Research, Russia)
Geoﬀrey Wood (The University of Warwick, UK)
Takumi Horibayashi (Kanazawa University)
Igor Gurkov(National Research University - Higher School of Economics, Russia)
Vasiliy Anikin(National Research University - Higher School of Economics, Russia)
Sadayoshi Ohtsu (Kobe University)
Hiroaki Hayashi (University of Shimane)
Katsumi Fujiwara (Osaka University)
Yanxia Tang (Aichi University)
Yutaka Konoshi (Gifu University)
Satoshi Mizobata (Kyoto University)
Fumitaka Iwanami (Komazawa University)

Shiran Kaikan Annex,
Kyoto University (26th)
Institute of Economic
Research, Kyoto University(27th)

2013/2/9

International Workshop on The Economicand Mathematical Analysis of Security Markets

Robert Anderson(University of California, Berkeley, USA)
Katsumasa Nishide (Yokohama National University)
Rose-Anne Dana (Université Paris-Dauphine, France)
Shuji Funahashi(Mizuho Securities Co., Ltd. / Tokyo Metropolitan University)
Takashi Kato (Osaka University)
Masaaki Fukasawa (Osaka University)
Norio Takeoka (Yokohama National University)

Institute of Economic
Research, Kyoto University

2013/3/14〜2013/3/17

10th Biennial Paciﬁc Rim Conference,
Western Economic Association International

Robert F. Engle (New York University, USA)
Atsushi Seike (Keio University)
George G. Kaufman (Loyola University Chicago, USA)
Takatoshi Ito (The University of Tokyo)

Keio University

International Conference on Market Quality,
Trade and Dynamics

Ronald Jones (University of Rochester, USA)
Naoyuki Yoshino (Keio University)
Nicholas Yannelis(University of Iowa and University of Manchester, UK)
Takashi Kamihigashi (Kobe University)
Andy Neumeyer(Universidad Torcuato di Tella, Argentine)
Yuichi Furukawa (Chukyo University)
Krishnendu Dastidar(Jawaharlal Nehru University, India)
Hitoshi Matsushima (The University of Tokyo)
Takakazu Honryo (University of Mannheim, Germany)Peter Rosendorﬀ (New York University, USA)
Mukul Majumdar (Cornell University, USA)

The Westin Miyako Kyoto

Science Education in Kyoto-The Grobal Partnership on Science Education
Through Engagement in Kyoto-

Yoshiharu Hoshino (Teikyo University)
Yasuo Sando(Nippon Steel & Sumikin Research Institute Corporation)
Hiroshi Asada(Kyoto Municipal Katsuragawa Elementary School)
Yuji Takahata(Nerima Munisipal Kaishin The First Junior High School)
Isao Iizawa(Kyoto Municipal Horikawa Senior High School)
Toshiharu Tsushima(Fukushima Prefectural Adachi High School)
Osamu Marukawa(Kyoto Prefectural Board of Education)
Hidefumi Tooyama(Kyoto Prefectural Board of Education)
Kazuo Nishimura (Kyoto University)

Panasonic Auditorium,
Yukawa Memorial Hall,
Kyoto University

Doshisha University, Kyoto

Julio Davila(CORE-UcLouvain, Belgium, Paris School of Economics, France)

Institute of Economic
Research, Kyoto University

2012/5/11

Workshop on Macroeconomics andEconomic Systems

Enrico D'Ambrogio (The European Parliament)

Institute of Economic
Research, Kyoto University

2012/7/31〜2012/8/1

GCOE Program Seminar"Trade and Development"

Kensuke Teshima(Instituto Tecnológico Autónomo de México (ITAM), Mexico)

Institute of Economic
Research, Kyoto University

2012/8/23

KIER Workshop

Johannes Horner (Yale University, USA)

Research Building #2,
Kyoto University

2012/10/4

Market Quality Workshop

Kenji Sato (Kyoto University)
Yuka Ohno (Hokkaido University)
Avinash Dixit (Princeton University, USA)

Research Building #2,
Kyoto University

2012/10/19

Symposium on Santa Fe Institute in Kyoto"Invitation to Integrated Complex System
Science"

Jerry Sabloﬀ (Santa Fe Institute, USA)
Fumio Oka (Kyoto University)
Hiroshi Watanabe (Kyoto University)
tetsuo Kobayashi (Kyoto University)
Atsushi Yamauchi (Kyoto University)
Terufumi Ohno (Kyoto University)
Kazuo Mino (Kyoto University)

Science Seminar House,
Kyoto University

2012/11/2

In Celebration of the 50th Anniversaryof the Kyoto University Institute of Economic
Research (KIER) Conference on Market Quality

Youngsub Chun (Seoul National University, Korea)
Takashi Komatsubara (Kyoto University)
Tadashi Sekiguchi (Kyoto University)
Satoshi Mizobata (Kyoto University)
Andrei Yakovlev(National Research University, Russia)
Byung-YeonKim (Seoul National University, Korea)

The Westin Miyako Kyoto

Kyoto Conference on
EMPLOYMENT ADJUSTMENT IN RESPONSETO SHOCKS: MICRO-LEVEL EVIDENCE &MACRO-ECONOMIC IMPLICATIONS

Richard Upward (the University of Nottingham, UK)
Ryo Kambayashi (Hitotsubashi University)
Daniela Nordmeier(Nuremberg & Friedrich-Alexander-University, Erlangen-Nuremberg, Germany)
Tor Eriksson (Aarhus University, Denmark)
Leopoldo Mondauto (Italia Lavoro, Italy)
Héloise Petit(CEE and University of Paris I Panthéon-Sorbonne, France)
Richard Fabling(Motu Economic & Public Policy Research, New Zealand)
Jim Spletzer (U.S. Census Bureau, USA)
Robert Petrunia (Lakehead University, Canada)

2013/4/8〜2013/4/9

2013/4/28
Kyoto University ClockTower Centenniale Holl

Venue

Yokohama Conference on Empirical Issues ofInternational Trade and Firms

2013/1/26〜2013/1/27

Workshop on Microeconomics/Game Theory

Guest Speakers

Lee Branstetter(Carnegie Mellon University / Former Senior Economist of International Trade and Investment, USA)Lu Yi (National University of Singapore, Singapore)
Miaojie Yu (Peking University, China)
Heiwai Tang (Tufts University, USA)
Eiichi Tomiura (Yokohama National University)
Tzu-Han Yang (National Taipei University, Taiwan)
Andrew Bernard (Dartmouth College, USA)
Loretta Fung (National Tsing Hua University, Taiwan)
Shuichiro Nishioka (West Virginia University, USA)
Hong Ma (Tsinghua University, China)
Kozo Kiyota (Yokohama National University)
Deng-Shing Huang (Academia Sinica, Taiwan)

2012/12/12〜2012/12/13

2012/4/5

2012/11/15〜2012/11/16

Date

Venue

Overview of Institute of Economic Research, Kyoto University

11

Date

2013/11/8〜2013/11/9

2013/11/9

2013/12/3

2013/12/14〜2013/12/15

2014/2/18

2014/2/27

2014/2/28

2014/3/5〜2014/3/6

12

Title

Guest Speakers

VenueInternational Conference on Market Quality
and Economic Institutions

Makoto Yano (Kyoto University)
Takashi Komatsubara (Kyoto University)
Shin Sakaue (Sophia University)
Hidetaka Kawano (Aomori Public University)
Jinwoo Kim (Seoul National University, Korea)
Jun Tomitaka (Aomori Public University)
Krishnendu Dastidar(Jawaharlal Nehru University, India)

WA-RASSE (8th)
Aomori Public University(9th)

Joint-Usage, Joint-Research Program
Workshop on Social Infrastructure Design in
Post-Earthquake

Takayuki Oishi (Aomori Public University)
Shino Takayama(The University of Queensland, Australia)
Andy Mclennan(The University of Queensland, Australia)
Youngsub Chun (Seoul National University, Korea)
Yoshinori Kon (Aomori Public Univeristy)

Aomori Public University

Makoto Yano (Kyoto University)
Shuhei Takahashi (Kyoto University)
Taiji Furusawa (Hitotsubashi Univeristy)
Takashi Kamihigashi (Kobe University)
Kenji Fujiwara (Kwansei Gakuin University)
Hu Yunfang (Tohoku University)
Krishnendu Dastidar(Jawaharlal Nehru University, India)
Toshihiro Matsumura (The University of Tokyo)

Rokkodai Main Building,
Kobe University

Institutions, Markets, and Market Quality-IEFS Japan Annual Meeting 2013-

International Conference"International Comparison on Variety of
Capitalism and Work Motivation"

Hironori Tohyama (Shizuoka University)
Hitomi Matsubara (Osaka City University)
Mihoko Satogami (Kyoto University)
Satoshi Mizobata (Kyoto University)
Ryoji Ihara (Gifu University)
Shoji Hashiguchi (Ritsumeikan University)
Katsumi Fujiwara (Osaka University)
Hiroaki Hayashi (University of Shimane)
Simon Clarke (University of Warwick, UK)
Geoﬀrey Wood (University of Warwick, UK)
Pavol Babos (Slovak Academy of Sciences, Slovakia)
Ngoc Anh Nguyen(National Economic University, Vietnam)
Richard Deeg (Temple University, USA)

The Westin Miyako Kyoto

AEI-Five Joint Workshop on Economic Issues
in the Asian Century

Keun Lee (Seoul National University, Korea)
Yoshihiko Nishiyama (Kyoto University)
Jianguo Xu (Peking University, China)
Jae-Young Kim (Seoul National University, Korea)
Pei-Ju Liao (Academia Sinica, Taiwan)
Tianyang Xi (Peking University, China)
Xiaobo Zhang (Peking University, China)
Eric Fesselmeyer(National University of Singapore, Singapore)
Kamhon Kan (Academia Sinica, Taiwan)

The Westin Miyako Kyoto

Workshop on Growth and Economic Policies

Kazuo Mino (Kyoto University)
Been-Lon Chen (Academia Sinica, Taiwan)
Juin-Jen Chang (Academia Sinica, Taiwan)
Miaojie Yu (Peking University, China)
Oyvind Thomassen (Seoul National University, Korea)
Min Wang (Peking University, China)
Tadashi Sekiguchi (Kyoto University)
Zhu Shenghao(National University of Singapore, Singapore)
Youngsub Chun (Seoul National University, Korea)

Venue

International Conference on
Portfolio Selection and Asset Pricing

2014/7/19〜2014/7/19

International Conference on"Comparative Analysis of Businessand Management"

Yoji Koyama (Niigata University)
Norio Horie (University of Toyama)David Stark (Columbia University, USA)
Takabumi Hayashi (Kokushikan University)
Naoki Wakabayashi (Kyoto University)
Fazakas Balazs (Kyoto University)
Satoshi Mizobata (Kyoto University)

Kyoto University ClockTower Centenniale Holl

Second Conference on Institutions,Markets, and Market Quality ‒IEFS
Japan Annual Meeting 2014-

Yan Ma (Kobe University)
Takashi Komatsubara (Kyoto University)
Nobuyoshi Yamori (Kobe University)
Taiji Furusawa (Hitotsubashi Univeristy)
Naoto Jinji (Kyoto University)
Yoichi Sugita(Institute of Developing Economies, Japan External Trade Organization / IDE-JETRO)
Yoshinori Kurokawa (University of Tsukuba)
Akihiko Yanase (Nagoya University)

Rokkodai Main Building,
Kobe University

2015/5/21〜2015/5/22

Third Conference on Institutions,Markets, and Market Quality‒IEFS Japan Annual Meeting 2015-

Makoto Yano (Kyoto University)
Shuhei Takahashi (Kyoto University)
Mario Crucini (Vanderbilt University, USA)
Takayuki Tsuruga (Kyoto University)
Akihiko Yanase (Nagoya University)
Misuzu Azuma (Chiba Keizai University)
Yasushi Kawabata (Nagoya City University)
Miki Matsuo (Kyushu International University)
Yoichi Sugita (Japan External Trade Orgnization)
Kazuo Mino (Kyoto University)
Wanida Ngienthi（Assumption University, Thailand）
Yuka Ohno（Hokkaido University）
Shiran Kaikan Yamauchi
Takashi Komatsubara（Kyoto University)
Hall, Kyoto University
Krishnendu Ghosh Dastidar(Jawaharlal Nehru University, India)
Hiroshi Fujiu (Chiba Keizai University)
Ronald W. Jones（University of Rochester, USA）
Masao Oda
（Ritsumeikan University）
Takumi Naito（Waseda University）
Yan Ma（Kobe University）
Eden Yu（Chu Hai College of Higher Education, Hong Kong, China）
Takeshi Ogawa（Senshu University）
Fumio Dei
（Kobe University）
Yuichi Furukawa (Chukyo University)
Rui Ota (Yokohama City University)

2015/8/28

J-WEN Mentoring Workshop 2015

Donna Ginther (University of Kansas, USA)
Takako Fujiwara-Greve (Keio University)
Sayaka Nakamura (Nagoya University)
Yuka Ohno (Hokkaido University)

Institute of Economic
Research, Kyoto University

International Symposium"Economic Transition and Income Inequality
in China"

Shi Li (Beijing Normal University, China)
Kai KAJITANI (Kobe University)
Katsuji NAKAGANE (Tokyo University)
Xinxin Ma (Hitotsubashi University)
Kazufumi YUGAMI (Kobe University)
Masashi HOSHINO (Waseda University)
Takashi OSHIO (Hitotsubashi University)

Research Building No.2,
Kyoto University

9th Japan-Taiwan-Hong Kong
Contract Theory Conference

Hitoshi Sadakane (Kobe University)
Stephen Chiu (University of Hong Kong, China)
Eric Szu-Wen Chou
(National Tsing Hua University, Taiwan)
Daisuke Hirata (Hitotsubashi University)
Min-Hung Tsay
(National Chung Cheng University, Taiwan)
Mami Kobayashi (Ritsumeikan University)
Hsuan-Chih Lin (Academia Sinica, Taiwan)
Kim-sau Chung(Chinese University of Hong Kong, China)

Suzaku Campus,
Ritsumeikan University

2015/11/29
The Westin Miyako Kyoto

2015/12/5
Shiran Kaikan Annex,
Kyoto University

Guest Speakers

2014/3/28〜2014/3/29

Kyoto University ClockTower Centenniale HollSSK International Workshop in Kyoto

Kazuho Yokogawa (Kanagwa University)
Makoto Kumazawa (Konan University)
Jan Hagamejer (Warsaw University, Poland)
Joanna Tyrowicz (Warsaw University, Poland)
John Round(National Research University-Higher School of Economics, Russia)

Title

Giorgia Callegaro (University of Padova, Italy)
Darrell Duﬃe (Stanford University, USA)
Masahiko Egami (Kyoto University)
Toshiki Honda (Hitotsubashi University)
Yuri Kabanov (University of Franche-Comte, France)
Shigeo Kusuoka (The University of Tokyo)
Hiroshi Morita (Yokohama National University)
Rohit Rahi (London School of Economics, UK)
Jun Sekine (Osaka University)
Jaeyoung Sung (Ajou University, Korea)
Xun Yu Zhou (University of Oxford, UK)

2014/9/24

Kyungchul Song
(University of British Columbia, Canada)
Ryo Okui (Kyoto University)
Naoya Sueishi (Kyoto University)
Sokbae Lee (Seoul National University, Korea)
Se-il Mun (Kyoto University)

International Seminar"Variety of Capitalism in Transition
Countries and Work Motivation"

Date

Kyoto University ClockTower Centenniale Holl

Overview of Institute of Economic Research, Kyoto University

13

Date

2016/2/5〜2016/2/6

2016/2/23〜2016/2/24

Title

1st International Conference on
Evidence-based Policy

International Conference"Diversity of Institutional Settings andPath-dependency in Transition Economies

Guest Speakers

Michael Keen (IMF)
Makoto Yano (Kyoto University)
Nick Buck (University of Essex, UK)
Mari Jibu (Japan Science and Technology Agency)
Annelies Blom (University of Mannheim, Germany)
Ryo Yamada (Kyoto University)
Takashi Komatsubara (Kyoto University)
Hitoshi Shigeoka (Simon Fraser University, Canada)
Masahiro Kuroda(Japan Science and Technology Agency)
Takao Kuramochi(Japan Science and Technology Agency)
Fumihiko Matsuda (Kyoto University)
Fang He (Keio University)

Gerard Roland (University of California, USA)Geoﬀrey Wood (University of Essex, UK)
Hiroaki Hayashi (University of Shimane)
Satoshi Mizobata (Kyoto University)
Norio Horie (University of Toyama)
Ichiro Iwasaki (Hitotsubashi University)
Martina Lubyova(Slovak Academy of Sciences, Slovakia)
Pavol Babos (Slovak Academy of Sciences, Slovakia)
Hiroshi Tanaka (Ritsumeikan University)
Markku Sippora (University of Jyväskylä, Finland)
Irina Olimpieva(Center for IndependentSocial Research, Russia)
Yutaka Konishi (Gifu University)
Katsumi Fujiwara (Osaka University)
Andrei Belov (Fukui Prefectural University)
Taku Suzuki (Teikyo University)
Sadayoshi Otsu (Kobe University)
Victor Gorschkov (Kaichi International University)

Venue

Shiran Kaikan Yamauchi
Hall, Kyoto University (5th),
Institute of Economic
Research,
Kyoto University (6th)Title

Guest Speakers

Venue

2017/6/17〜2017/6/18

International Conference on Financial Risks andUncertainties 2017

Hyun Jin Jang Ulsan(National Institute of Science and Technology, USA)
Tomonori Nakatsu (Ritsumeikan University)
Christopher Ting
(Singapore Management University, Singapore)
Yuan Tian (Ryukoku University)
Nan Chen(The Chinese University of Hong Kong, China)
Rusudan Kevkhishvili (Kyoto University)
Kit Pong Wong (University of Hong Kong, China)

Ohama Nobumoto memorial
hall in Ishigakijima, Okinawa

2017/6/22

International Conference "Institutional Changes
and Quality of Economic Growth in China"

Kai KAJITANI (Kobe University)
Takuma KOBAYASHI (Matsuyama University)
Tian ZHU(China Europe International Business School, China)
Yang YAO (Peking University, China)

Institute of Economic
Research, Kyoto University

TMU Workshop on Finance 2017

Sebastian Jaimungal (University of Toronto, Canada)
Michael Tehranchi (University of Cambridge, UK)
Hoi Ying Wong
(Chinese University of Hong Kong, China)
Kit Pong Wong (University of Hong Kong, China)

Marunouchi Satellite
Campus, Tokyo
Metropolitan University /TMU)

Kyoto International Conference and EACES - Asia
Workshop"The Future of Transition Economics: Emerging
Multinationals and The Historical Perspective"

Kalman Kalotay (UNCTAD)
Sass Magdolna(Hungarian Academy of Sciences, Hungary)
Xuanli Xie (Peking University, China)
Zoia Podoba(Saint-Petersburg State University, Russia)
Satoshi Mizobata (Kyoto University)
Jehoon Park (Incheon National University, Korea)
Sergei V. Zhuravlev(Institute of Russian History, RAN, Russia)
Byung-Yeon Kim (Seoul National University, Korea)
Wuyue You(Central University of Finance and Economics, China)
Ichiro Iwasaki (Hitotsubashi University)
Irina Denisova (NES, Russia)
Hiroaki Hayashi (Ristumeikan University)

Institute of Economic
Research, Kyoto University(8th)
Shirankaikan Annex, kyoto
University (9-10th)"

2018/3/8〜2018/3/9

Conference on Institutions, Markets, and Market
Quality

Makoto Yano (Kyoto University)
Youngsub Chun (Seoul National University, Korea)
Takayuki Oishi (Meisei University)
Yuichi Furukawa (Chukyo University)
Yu Awaya (University of Rochester, USA)
Yoichi Sugita (Hitotsubashi University)
Atsumasa Kondo (Shiga University)
Takakazu Honryo (University of Mannheim, Germany)
Taiji Furusawa (Hitotsubashi University)
Harrison Cheng(University of Southern California, USA)
Krishnendu Dastidar (Jawaharlal Nehru University)
Fumihiko Matsuda (Kyoto University)
Shigeru Hirota (Cabinet Oﬃce, Government of Japan)
Saul Estrin (London School of Economics, UK)
Satoshi Mizobata (Kyoto University)
Jeﬀ Nugent (University of Southern California, USA)
Kazuo Nishimura (Kobe University)
Takashi Kamihigashi (Kobe University)
Eden S. H. Yu(Chu Hai College of Higher Education, Hong Kong)
Ma Yan (Kobe University)
Rui Ota (Yokohama City University)
Yuya Takahashi (Johns Hopkins University, USA)

Yamauchi Hall of Shiran
Kaikan, Kyoto University

2018/3/12

International Conference on
Advanced Research on the International Politics
and Economics:EU, Russia and China

Du Jin (Takushoku University)
Zhikai Wang (Zhejiang University, China)
Steven Roseﬁelde(The University of North Carolina, USA)
Kumiko Haba (Aoyama Gakuin University)
Masahiko Yoshii (Kobe University)
Victor Gorshkov (Kaichi International University)

Institute of Economic
Research, Kyoto University

Kyoto Special Seminar on
Emerging Multinationals

Andrei Panibratov(Saint Petersburg State University, Russia)
Victor Gorshkov (Kaichi International University)
Yumiko Nakahara (Kyushu Sangyo University)
Takuma Kobayashi (Matsuyama University)
Satoshi Mizobata (Kyoto University)
Olga Bobrova (Saint Petersburg State University of
Economics, Russia)

Institute of Economic
Research, Kyoto University

Date2017/8/29〜2017/8/30
Institute of Economic
Research, Kyoto University

2017/12/8〜2017/12/10

2016/3/8〜2016/3/9

2016/3/9

2016/8/6〜2016/8/10

2016/8/27〜2016/8/28

2016/11/22

14

Katsumasa Nishide (Yokohama National University)
Elisa Alòs (Universtitat Pompeu Fabra, Spain)
Kensuke Ishitani (Meijo University)
Christoph Frei (University of Alberta, Canada)
Ryuichi Yamamoto (Waseda University)
Tim Edwards (S&P Dow Jones Indices)
Ciprian V. Marin (Lazard Asset Management)
Tomohiro Hirano (The University of Tokyo)
Kazuo Yamada (Nagasaki University)
Asaf Cohen (University of Michigan, USA)

Research Building No.2,
Kyoto University

Steven Roseﬁelde (University of North Carolina, USA)
Olga Bobrova (St.Petersburg State University of
Economics, Russia)
Victor Gorshkov (Kaichi International University)
Yoji Koyama (Niigata University)
Christine Tsai (Zhejiang University, China)
Bruno Dallago (University of Trento, Italy)Evžen Kočenda (Charles University, Czech Republic)

Institute of Economic
Research, Kyoto University

The 2016 Summer School of the EconometricSociety in Kyoto

Atsushi Kajii (Kyoto University)
Ariel Rubinstein (Tel Aviv University, Israel)
In-Koo Cho (University of Illinois, USA)
Efe A. Ok (New York University, USA)

Research Building No.2,
Kyoto University

International Conference on Financial Risks andUncertainties

Nan Chen(The Chinese University of Hong Kong, China)
Hitoshi Hayakawa (Hokkaido University)
Sebastian Jaimungal (University of Toronto, Canada)
Lingfei Li(The Chinese University of Hong Kong, China)
Tomonori Nakatsu (Ritsumeikan University)
Christopher Ting
(Singapore Management University, Singapore)
Kazutoshi Yamazaki (Kansai University)
Kazuhiro Yasuda (Hosei University)

Hotel Oacity Kyowa in
Miyakojima, Okinawa

Hitotsubashi Decision Theory Workshop

Todd Sarver (Duke University, USA)
Daisuke Nakajima (Otaru University of Commerce)
Philipp Sadowski (Duke University, USA)David Ahn (University of California, Berkeley, USA)
Asen Kochov (University of Rochester, USA)David Dillenberger (University of Pennsylvania, USA)International Conference on
Financial Risks and Their
Management 2016

International Conference on "EU
Economic Stagnation and Political
Insecurity: Lessons for Asia"

Mercury Tower,
Hitotsubashi University

2018/3/21

Overview of Institute of Economic Research, Kyoto University

15◆ Personnel Training

Track Records

KIER uses young researchers with degrees from graduate schools both from Japan and abroad as term-limited instructors to supply
opportunities to experience research and teaching. From 2003 until now, 15 young researchers have been appointed, and are active as
researchers working in educational and research bodies such as universities since the end of their appointment period. Further,young researchers are also used as ﬁxed-term assistant teachers who perform joint research activities with employees.
In addition, various part-time researcher systems are used to accept Kyoto University part-time researchers (research organization
researchers), GCOE researchers, and Japan Society for the Promotion of Science (JSPS) special researchers for personnel training.
Moreover, young researchers are actively supported and trained through teaching research to
PhD candidates in lectures held with the cooperation of the Graduate School of Economics andFaculty of Economics, Kyoto University.
KIER also actively supports domestic/international researchersʼ community and a variety ofseminars and international conferences for young researchers. In FY2016, the Institute supported
the Econometric Society, Summer Workshop on Economic Theory (SWET), Comparative Economics
Workshop for International Young Researchers, and so on. It was awarded the Education MeritAward by the Ministry of Education and Training of Viet Nam.

◆ KIER Track Records

The Kyoto Institute of Economic Research consistently comes ﬁrst or second as an economic research
institute in Japan. In particular, KIER can cite top-class research results in Japan using both the Social
Science Citation Index, which is the most widely used index for evaluating research results, and the numberof articles published in international scholastic journals (according to the track record of publishing in the
top-ten ranked economic academic journals created by the European Economic Association).
Of all the research conducted at the Institute, “The Spatial Economy” (MIT Press) by specially-appointed
professor Masahisa Fujitaʼs, and co-authored with P. Krugman (Princeton University) and A. J. Venables(London School of Economics), can be cited as representative of making a global impact. This book is a
must-read for this ﬁeld, and the number of times it has been cited as of 2010 has reached 1,000.

Honors / Awards
Telecom Social Science Award
Nikkei Prize for Economics Books
Nikkei Prize for Economics Books
Medal with Purple Ribbon
Medal with Purple Ribbon
The Japan Academy Award
Hiromi Arisawa Prize for the Association of American University Presses
1st Prize, European Meeting on Cybernetics and Systems Research
Medal with Purple Ribbon
The Energy Forum Award ; Award for Spread enlightenment
Wakayama Prefecture Culture Prize
The Energy Forum Award
The Nakahara Prize, Japanese Economic Association
Nikkei Prize for Economics Books
The Annual Award for Research Monographs on Labor
Nikkei Prize for Economics Books
The William Alonso Memorial Prize for Innovative Work in Regional Science
The Japan Institute of energy :The award for Distinguished paper
The Sakashita Prize, Applied Regional Science Conference
Paper Award of Japan Society for Fuzzy Theory andIntelligent Informatics
Prize for Publication, Mathematical Society of JapanIJET LionelW. McKenzie Prize for contributions to economic theory
Excellent presentation award in 6th Annual Meeting (2007) for
The Japan Association for Research on Testing
Third Japan Society for the Promotion of Science (JSPS) Prize
Medal with Purple Ribbon
JSIE Kojima Kiysohi Prize, The Japan Society of International Economics
Honorary Degree of Doctor, University of Aix- MarseillesⅡ
The Nakahara Prize, Japanese Economic Association
2008 JAIBS Award, Japan Academy of International Business Studies

16 16

Number of Young Researchers (PD) Accepted

2005
2007

Takamitsu Sawa
Takamitsu Sawa
Masahiko Aoki
Masao Baba
Hisao Onoe
Masahiko Aoki
Masahiko Aoki
Fumiko Seo
Kazuo Koike
Takamitsu Sawa
Takamitsu Sawa
Takamitsu Sawa
Akira Okada
Masahisa Fujita
Kenn Ariga
Hiroshi Osano
Masahisa Fujita
Takamitsu Sawa
Tomoya Mori
Fumiko Seo,
Takao Fukuchi
Kazuo Nishimura
John Stachurski

2007

Takuya Kimura

1970
1970
1971
1985
1987
1990
1991
1992
1996
1996
1998
1998
1999
2000
2001
2002
2002
2004
2004
2004

2006
2007
2007
2007
2008
2008

Nikkei Prize for Economics Books

2008

Japan Stastistical Society Research Award 2009
JSIE-Kojima Kiysohi Prize, The Japan Society of International Economics
Japan Statistical Society Ogawa Research Prize
Kyoto Shimbun Grand Award in Culture/Academy
Member of the Japan Academy
Medal with Purple Ribbon
Member of the Japan Academy
Tenth Japan Society for the Promotion of Science (JSPS) Prize
11th Japan Society for the Promotion of Science (JSPS) Prize
The Order of the Sacred Treasure, Gold and Silver Star

2009
2009
2010
2010
2010
2012
2012
2013
2014
2016

Atsushi Kajii
Takamitsu Sawa
Ryuhei Wakasugi
Kazuo Nishimura
Atsushi Kajii
Ryuhei Wakasugi
Kazuo Nishimura,
Makoto Yano
Yoshihiko Nishiyama
Kazumichi Iwasa
Ryo OkuiKazuo Nishimura
Masahisa Fujita
Kazuo Nishimura
Kazuo Nishimura
Tomoyuki Nakajima
Tadashi Sekiguchi
Masahisa Fujita

FY 201317

FY 201416

FY 201513

FY 201615

FY 2017
11

Latest Main Appointments among PD and Student Teachers (FY2003〜)■ Universities：Hokkaido University, Otaru University of Commerce, Tohoku University, Yamagata University, University ofTsukuba, The University of Tokyo, Hitotsubashi University, Yokohama National University, Nagoya University, Shiga University,
Kyoto University, Osaka University, Kobe University, Wakayama University, Hiroshima University, Kyushu University, Nagasaki
University, Aomori Public University, Tokyo Metropolitan University, Nagoya City University, Kobe City University of Foreign
Studies, Shimonoseki City University, Sapporo Gakuin University, Chiba University of Commerce, Kanagawa University, Nihonbashi
Gakkan University, Asia University, Keio University, Seikei University, Chuo University, Tokyo Keizai University, Hosei University,
Waseda University, Nagoya Gakuin University, Gifu Shotoku Gakuen University, Kyoto Gakuen University, Doshisha University,
Ritsumeikan University, Ryukoku University, Osaka Gakuin University, Osaka University of Economics, Kansai University, Kinki
University, Kwansei Gakuin University, Konan University, Kyoto Sangyo University, Tezukayama University, Kyoto Seika University,
Hiroshima University of Economics, Matsuyama University, Fukuoka University, Kyushu International University, Fukuoka University,
Ritsumeikan Asia Paciﬁc University, University of Melbourne, Universidad Nacional Autonoma de Mexico■ Governmental Organizations：Technology Research Institute of Osaka Prefecture, RIKEN, Institute of Developing Economies,
Policy Research Institute (Ministry of Finance), Ehime Prefecture, Food and Agriculture Organization of the United Nations■ Private Firms：Institute of Intellectual Property, NTT, MRI Research Associates, Inc., AXA Life Insurance, Institute for Areal
Studies Software Research Associates, Inc. (SRA), Toyota Motor Corporation, EPS Corporation, Shinsei Bank, Recruit Holdings
Co.,Ltd., Institute of Transportation Economics, Keizai Doyukai (Japan Association of Corporate Executives), Sumitomo Mitsui
Card Co., Ltd., IBM Japan Services Company Ltd., Mitsubishi UFJ Trust and Banking Corporation, Mitsubishi Research Institute,Inc., Chubu Region Institute for Social and Economic Research, Sumitomo Mitsui Banking Corporation, Simplex Financial Holdings
Co.,Ltd., Asset Management ONE Co.,Ltd., Nanjing Securities, Mizuho Financial Group Inc., Nomura Reserch Institute, Ltd.

◆ International Exchange

KIER is widely known as an international research center for economic theory. The International Journal of
Economic Theory, which is published jointly with Keio University, is highly regarded as a global specialist
journal, and is the ﬁrst international journal of economic theory edited primarily by Japanese researchers.
Further, in addition to establishing posts for non-Japanese visiting teachers and inviting world-leading
researchers, KIER is also engaged in various joint international research, and is ceaselessly visited by
non-Japanese researchers. In light of this track record, KIER has signed agreements with overseas
universities in America, France, and elsewhere, and is actively engaging in research exchange.

Academic Exchange Agreements with Foreign Research Instuitutions
CountyInstitution

Russian Federation

PeriodHigher School of Economics

2007/4/2〜2022/4/1

French RepublicGroupement de Recherche en Economie
Quantitative dʼAix Marseille (GREQAM)

2007/11/28〜2023/1/29

Republic of Korea

The Institute of Economic Research, Seoul National University

2018/2/16〜2023/2/17

United States of America

Department of Economics, University of North Carolina at Chapel Hill

2009/4/22〜2019/4/21

Republic of Finland
Hungary
People's Republic of China
TaiwanRussian Federation

Helsinki Center of Economic Research

2009/9/8〜2019/9/7

The Institute of Economics, Hungarian Academy of Sciences

2010/3/23〜2022/7/23

China Center for Economic Research, Peking University

2017/6/22〜2022/6/21

Asia University

2018/4/2〜2023/4/1

Saint-Petersburg University

2018/4/19〜2023/4/18

Researchers from Abroad
Fiscal Year

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017

Asia

35

11（2）

23（2）

10（2）

22（2）

North America

22（2）

18

22（2）

29（2）

14（0）

South & Central America

2

0

0

0

0

Europe

22（3）

22（3）

21（3）

20（2）

19（4）

Area

Oceania

1（1）

2

2

3（1）

2（0）

Middle East

2

3

1

3（0）

2（0）

Africa

0

0

0

0

0

Total

84（6）

56（5）

69（7）

65（7）

59（6）

Note: Figures in parentheses describe long-term appointments within the total number.
Overview of Institute of Economic Research, Kyoto University

17Library

Finances

Ever since its opening in 1965, the Library of the Institute of Economic Research has been actively
gathering various data, centering on specialist publications and statistical data relating to economic
studies. As of March 2018, the library houses in excess of 80 thousand specialist publications and data
in total to support the activities of researchers both from Japan and abroad.
Library Hours

Total Budget (National School Special Accounts and University Grants)
Fiscal Year

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017429,115464,702412,951

401,874

399,894

Personnel Expenses

335,838

379,095

327,696297,729

293,388

Cost of Supplies

93,27785,60785,255

104,145

106,506

Item
University Grants●Mon to Fri 9:00 to 17:00●Closed on Sat, Sun, holidays, founder's day (18 June), 1 to 5 April, the summer
holiday period, the winter holiday period, and the ﬁrst day of every month(Closed on the following open day if the ﬁrst day is a holiday.)●Use of the Library by Non-Students
When using, please present some form of identiﬁcation.
Browsing and temporary removal for copying only are permitted.

Breakdown(Unit / 1,000 Yen)

Grants-in-Aid for Scientiﬁc Research Expenses (KAKENHI)

McKenzie Library (Total collection 1,495 publications)

These publications were donated to the Kyoto Institute of Economic Research by Rochester
University professor emeritus Lionel McKenzie (1919.1.26-2010.10.12). After graduating from Duke
University in the United States, Professor McKenzie studied at Princeton University graduate school,
where he obtained both his masters and PhD in economics, and went on to teach at both MIT and
Duke University. Following his appointment as professor to Rochester University in 1957 until his
retirement, Professor McKenzie actually strove to train researchers over the course of 32 years. Everytime he visited Japan, Professor McKenzie held lectures and talks at KIER seminars, as well as visiting
and attending international symposiums sponsored by KIER. Consequently, he had close ties to Kyoto
University and so he donated his massive library to KIER in October 2003. Professor McKenzieʼsstudents are active around the world, and there are many of his students who are teaching at otheruniversities in Japan as well. Still he donated his books to the Kyoto Institute of Economic Research,which is an unparalleled honor for the institute. Making the most of this opportunity, KIER establishedthe McKenzie Library within the institute itself, which continues to be of use in improving the researchstandards of both faculty and students at Kyoto University.

Fiscal Year

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017

Number of Grants

13

15

17

16

17

Amount of Grants

118,200

115,874

118,268

36,02027,500Item

Does not include share of expenses or Grant-in-Aid for JSPS Fellows. Direct accounting only.

External Funds(Unit / 1,000 Yen)
Fiscal Year

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017

Number

5

8

8

5

4

Amount25,882

23,647

27,95023,086

17,362

Number

2

2

2

2

2

Amount21,51923,32822,75521,963

20,528

Number

2

3

7

0

1

Amount

1,176

2,250

4,867

0

400

Number

9

13

17

7

7

Amount48,57749,22555,57245,04938,290Item
Entrusted
Reserch Fund

Collaborative
Reserch with
Private Sector

Donations

Total

McKenzie Library(Unit / 1,000 Yen)

Library

Other Grants-in-Aid, etc.
Fiscal Year

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017

Improvement of Research Environement for Young
Researchers (Tenure Track System)

26,424

21,962

9,303

3,000

2,933

Inter-Graduate School Program for Sustainable
Development and Survivable Societies

−

−

−

442

462

Program for Leading Graduate Schools "Graduate
School of Advanced Leadership Studies"

2,000

3,000

500

600

150

Building of Consortia for the Development of Human
Resources in Science and Technology (K-CONNEX)

−

−

7,080

12,000−Item

Library

Library(Unit / 1,000 Yen)

Direct accounting only.

Total number of publications
books
Classiﬁcation Japanese(volumes)
Total No.
of Publications

41,593

No.
Western books Total collection Japanese periodicals Western periodicals ofTotal
periodicals(volumes)(volumes)(types)(types)(types)42,18883,781

2,792

1,303

4,095

（as of March 2018）18

Overview of Institute of Economic Research, Kyoto University

19

▶
▶

June 1994▶

April 2000
October 2001▶
▶

April 2002▶

October 2002▶

November 2002 ▶
February 2004 ▶
April 2004▶

October 2004▶

July 2005
August 2006▶
▶

April 2007
October 2007▶
▶

March 2008▶

August 2008▶

September 2008 ▶
December 2008 ▶
April 2009
April 2010▶
▶

April 2011▶
November 2012 ▶
March 2013
April 2013
July 2013
April 2014

▶
▶
▶
▶

July 2015
April 2016

▶
▶

nben
kum
a
Hya
Konoe St.

Shirakawa St.

March 1993
April 1993

Facultyof Letters

Yoshidayama
hill

▶
▶

Kyodai
Seimon-mae

Subway Tozai Line

Oike St.

Hankyu Kyoto Line

Gojo St.

Shichijo St.

Sanjo
KeihanFacultyof Economics

Faculty of Law

University
Library

KIER

Higashiyama

FacultyofEngineering

Shijo St.

Clock Tower
Higashioji St.

April 1991
October 1992

Keihan Oto Line

▶

KIER

Hyakumanben

Marutamachi St.

Hankyu Kawaramachi

April 1986

Kyoto
gyoen

Subway Karasuma Line

December 1982 ▶
▶
April 1983

The Kyoto University
MuseumDemachiyanagi
Kamo River

November 1982 ▶

Horikawa St.

▶
▶
▶
▶
▶

Imadegawa St.
Karasuma St.

April 1976
April 1977
April 1978
April 1979
April 1981▶
▶

Kawaramachi St.

April 1968
October 1972

Kitaoji St.

n

▶

St.

anbe

April 1966

Kyoto City Map

Hyak
um

▶
▶

St.

July 1964
May 1965

gawa

shio
ji

▶

Imade

Higa

April 1964

Ｎ

Ｎ

Kyoto Sta.

■ Yoshida Campus,

Kintetsu Line

Kyoto University

Kyodai Seimon-mae

▶
▶
▶
▶

ne

April 1962
May 1962
December 1962
August 1963

The establishment of the Institute of Economic Research in Kyoto University was determined, following the partial revision of
The National School Establishment Law in Law No. 36 published in 1962.
The Institute of Economic Research was established with two research divisions, Industrial Structure and Comparative Industry.
The administrative office was established in the main campus, Kyoto University.
A support group for constructing the institute was organized.
The institute was moved to a temporary building in Yoshida-Shimo Adachi-cho, Sakyo-ku. (Part of the research rooms remainedin the west area of the campus.)
Two new research divisions, Local Economy and Resource Economy, were established according to ordinance No. 10 of the
Ministry of Education.
The construction of a new building was begun by the above-mentioned support group.
The construction of the new building was completed and the building was given to the institution by the support group.
The institute was moved to the new building.
Two new research divisions, Planned Economy and Industrial Statistics, were established according to ordinance No. 24 of the
Ministry of Education.
The three divisions, Industrial Structure, Resource Economy and Industrial Statistics, were transferred to experimental divisions.
A celebration party and memorial lecture meeting were held in the institute on the occasion of the 10th anniversary.
A celebration party and memorial lecture meeting were held at Asahi-Shinbun hall in Osaka on the occasion of the 10th
anniversary.
The Local Economy Division was transferred to an experimental division.
The Environmental Economy Division was established according to ordinance No. 15 of the Ministry of Education.
The Planned Economy Division was transferred to an experimental division.
The Comparative Economy System Division was established according to ordinance No. 12 of the Ministry of Education.
The Contemporary Economic Analysis Division (Visiting research division) was established according to ordinance No. 12 of the
Ministry of Education.
The main research building was extended to a four story building.
A memorial lecture meeting was held at the Culture Information Center of Osaka Prefecture on the occasion of the 20th
anniversary.
A memorial lecture meeting was held in the institute on the occasion of the 20th anniversary.
The Comparative Economic Analysis Division (Foreign visiting research division) was established according to ordinance No. 11of the Ministry of Education.
Ordinance No. 19 of the Ministry of Education reorganized the institute into four major research divisions of Quantitative
Industrial Analysis, Economic Planning, Resource Environment, and Comparison of Economies, and 12 research areas.
A research area was added, amounting to 13 research areas.
A memorial lecture meeting was held at the Faculty of Economics on the occasion of the 30th anniversary.
A memorial symposium was held at Senri Life Science Center in Toyonaka on the occasion of the 30th anniversary.
The Comparative Economic Analysis Division (Foreign visiting research division) was closed.
The International Political Economy Division (Foreign visiting research division) was established according to ordinance No. 19of the Ministry of Education.
The National Wealth Division was established according to ordinance No. 24 of the Ministry of Education, amounting to 5 major
research divisions and 15 research areas.
The Research Center for Financial Engineering was established.
Endowed research division Applied Financial Engineering Division (Sponsored by Nomura Securities Group) was established
for a time period of until September 30, 2004
The Economic Planning Division was renamed as the Economics of Complex Systems Division according to the law amending
The National School Establishment Law.
A memorial symposium and celebration party were held at Kyoto International Community House on the occasion of the 40th
anniversary.
A memorial symposium and celebration party were held at Gakujutu-Sogo Center (Hitotsubashi Memorial Hall) in Tokyo on theoccasion of the 40th anniversary.
Professor McKenzie, Professor emeritus of University of Rochester, received the title of Honorary Doctor of Kyoto University.
The McKenzie Library was opened with books donated by Professor McKenzie, Professor emeritus of University of Rochester.
The institute was reorganized into three major research divisions of the Economic Information Analysis, Economic Institution,
Public Policy, and two research centers of Financial Engineering and Economics of Complex Systems.
The Tokyo branch of the Institute of Economic Research was opened in Marunouchi, Tokyo. (for a time period of until January
31, 2012.)
The time period for the endowed research division Applied Financial Engineering Division (Sponsored by Nomura Securities
Group) was renewed until September 30, 2007.
The Research Center for Advanced Policy Studies was established.
Applied Financial Engineering Division (Sponsored by Nomura Securities Group) was renamed as Applied Financial Engineering
Division (Sponsored by Nomura Group) .
Endowed research division Educational Economics Division was established for a time period of until March 31, 2010
Endowed research division Mathematical Finance Division (Nomura Group)
was established for a time period of until
September 30, 2010
The earthquake reinforcement of the library annex was completed. This became the new north wing of KIER and was handed
over.
The Tokyo office (at Marunouchi) was opened in the Tokyo branch as a partnership and communications base concomitant with
the implementation of the GCOE (Keio University) program. (for a time period of until January 31, 2012.)
The Tokyo office (at Mita) was opened in the Tokyo branch as a teaching and research base concomitant with theimplementation of the GCOE (Keio University) program.(for a time period of until March 31, 2016)816m2 of the south wing of the 4th floor of the Graduate School of Engineering building No. 2 was received by the Institute of
Economic Research as a space for research and lectures.
The Public Policy Research Division changed its name to the Strategic Economic Studies Division.
The Research Center for Financial Engineering was reorganized as the Financial Research Division.
The Joint Usage/Research Center was certified as an International Joint Research Center of Advanced Economic Theory .
The new International Research Unit of Integrated Complex System Science (IRU-ICSS) is being established as a companion
unit. (Scheduled for completion on March 31 2022.) Further, the Institute of Sustainability Science is also participating.
The Research Center for Advanced Policy Studies was established in Research Divisions.
A memorial lecture and celebration were held at Shiran Kaikan on the occasion of the Institute s 50th anniversary.
A memorial lecture and celebration were held at the Kyoto University Tokyo Office on the occasion of the Institute s 50th
anniversary.
The earthquake reinforcement of KIER s main wing was completed.
The Administration Office (Letters), Main Campus was established for more efficient and integrated administrative processing.
The Administration Office (Letters), Main Campus went into full-scale operation following the completion of the office relocation.
The new Social Science Unit for Research and Education will be established as a companion unit. (Scheduled for completionon March 31, 2025.)
KIER participated in the launch of the International Research Unit of Advanced Future Studies (IUR-AFS) on July 28, 2015.
The Institute of Sustainability Science transitioned into the Research Unit for Development for Global Sustainability.

Li

▶

n

March 1962

Map & Access

Eiza

Chronological Table

University
Head Oﬃce

Higashi-Ichijyo St.

Main Gate

Access to Kyoto Station from Kansai International Airport1）Train● Airport Limited Express Train “Haruka”
Kansai International
Airport● JR Train
Kansai International
AirportAbout 75 min.

JR Airport Limited Express “Haruka”
About 70 min.
JR Express Train“Kankukaisoku”

JR Osaka Station

About 30 min.
JR Express Train“Shinkaisoku”

JR Kyoto Station

JR Kyoto Station

2）Airport Limousine Bus
Kansai International
AirportAbout 105 min.
Kansai Airport Limousine Bus

JR Kyoto Station

Transportation to Kyoto University from JR Kyoto Station● To take a taxi

The journey will take about 20 minutes
and cost approx. 2,000 yen.

● To take the bus: Kyoto City Bus

The bus ride will take approx. 30-35 minutes and cost 230 yen.
# 206: bound for Kitaoji Bus Terminal via Higashiyama St.
Get off at "Kyodai Seimon-mae".
# 17: bound for Ginkaku-ji via Kawaramachi St.
Get off at "Hyakumanben".

Contact information of Kyoto University, Institute of Economic Research〈URL〉http：//www.kier.kyoto-u.ac.jp

Yoshida-Honmachi, Sakyo-ku, Kyoto 606-8501

TEL.075-753-7102

Overview of Institute of Economic Research, Kyoto University

21