Takatoshi Ito

Takatoshi Ito (伊藤 隆敏, Itō Takatoshi, born 1950) is a Japanese economist. He is a professor of the School of International and Public Affairs, Columbia University and a senior professor of the National Graduate Institute for Policy Studies.

Takatoshi Ito
伊藤 隆敏
Takatoshi Ito at St. Gallen Symposium in 2009
Born	1950 (age 73–74) Sapporo, Hokkaido, Japan
Academic career
Field	Macroeconomics Monetary policy International finance Japanese economy
Institution	GRIPS Columbia University University of Tokyo Ministry of the Treasury IMF Harvard University Hitotsubashi University University of Minnesota
Alma mater	Harvard University (Ph.D. 1979) Hitotsubashi University (B.A. 1973)
Information at IDEAS / RePEc

Career

He graduated from the Faculty of Economics, Hitotsubashi University in 1973 and from the Graduate School of Economics in the same institute in 1975. He earned a Ph.D from Harvard University in 1979. He served as Deputy Vice Minister of Finance for International Affairs^[1] from 1999 to 2001.

A renowned expert in the 1997 Asian financial crisis, his current research focuses on international monetary policy for which he advocates increased regional integration to prevent similar crises in the future. His views have been published in some of the world's most influential media, such as The Economist.^[2] Ito was reportedly short-listed for the position of Governor of the Bank of Japan (BOJ) following Shinzo Abe's second election as Prime Minister of Japan (the position ultimately went to Haruhiko Kuroda).^[3]

Ito is also an affiliated faculty member of the Weatherhead East Asian Institute at Columbia University.^[4]

Selected publications

Books

• Ito, Takatoshi; Hoshi, Takeo (1992). The Japanese Economy. Cambridge, Massachusetts: MIT Press. ISBN 9780262090292.
• Cargill, Thomas F.; Hutchison, Michael M.; Ito, Takatoshi (1997). The Political Economy of Japanese Monetary Policy. Cambridge, Massachusetts: MIT Press. ISBN 9780262032476.
• Gregorio, José de; Eichengreen, Barry; Ito, Takatoshi; Wyplosz, Charles (1999). An Independent and Accountable IMF. Geneva Reports on the World Economy. Vol. 1. London: Centre for Economic Policy Research. ISBN 1898128456.
• Cargill, Thomas F.; Hutchison, Michael M.; Ito, Takatoshi (2001). Financial Policy and Central Banking in Japan. Cambridge, Massachusetts: MIT Press. ISBN 9780262262101.

Journal articles

• Engle, Robert F.; Ito, Takatoshi; Lin, Wen-Ling (1990). "Meteor Showers or Heat Waves? Heteroskedastic Intra-daily Volatility in the Foreign Exchange Market" (PDF). Econometrica. 58 (3): 525–542. doi:10.2307/2938189. JSTOR 2938189. S2CID 153586992.
• Ito, Takatoshi (1990). "Foreign Exchange Rate Expectations: Micro Survey Data". American Economic Review. 80 (3): 434–449. JSTOR 2006676.
• Lin, Wen-Ling; Engle, Robert F.; Ito, Takatoshi (1994). "Do Bulls and Bears Move Across Borders? International Transmission of Stock Returns and Volatility". Review of Financial Studies. 7 (3): 507–538. doi:10.1093/rfs/7.3.507. JSTOR 2962266.
• Ito, Takatoshi; Ogawa, Eiji (2002). "On the Desirability of a Regional Basket Currency Arrangement" (PDF). Journal of the Japanese and International Economies. 16 (3): 317–334. doi:10.1006/jjie.2002.0499. S2CID 154311869.

References

1. Strom, Stephanie (19 November 1999). "Looking Outward, Japan Again Considers a Simpler Yen". The New York Times. Retrieved 12 October 2010.
2. "Economics | The Economist". The Economist.
3. "Abe's pick for BOJ chief coming soon". 19 February 2013.
4. "Takatoshi Ito | Weatherhead East Asian Institute". weai.columbia.edu. Retrieved 29 March 2022.

External links

• Web site
• Faculty profile at Columbia University
• Faculty profile at GRIPS