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YOSHIDA, Tomoo Visiting Professor

Money and Finance, Evolution in Information Technology and its effects on economy and management
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Profile

1981: Graduated Faculty of Economics, The University of Tokyo
1981 ? 2014: Worked at Bank of Japan
 -Engaged in research-related work in the Research and Statistics Department, Institute for Monetary and Economic Studies, Monetary Affairs Department, and Osaka Branch.
 -Served as the General Manager of Akita Branch, Principal Examiner at Financial System and Bank Examination Department, and the General Manager of Hiroshima Branch before resigning as Director-General, Institute for Monetary and Economic Studies.
 1986 ? 1988: Graduate studies at the University of Oxford (UK) (MSc in Economics for Development)
2014 ? 2016: Executive Director, The Center for Financial Industry Information Systems (Public Interest Incorporated Foundation)

E-mail

Research

Research Fields

Money and Finance, Evolution in Information Technology and its effects on economy and management

Publications

Papers
“On the Stability of the Japanese Money Demand Function: Estimation Results Using the Error Correction Model,” BOJ Monetary and Economic Studies, Vol. 8 No. 1, pp. 1-48, 1990.
“The M2 Demand in Japan: Shifted and Unstable?” (with Robert H. Rasche) BOJ Monetary and Economic Studies, Vol. 8, No. 2, pp. 1, 1990.
“Encompassing: A New Approach to the Comparative Method in Measurement Models,” Kinyu Kenkyu, Vol. 10 No. 4, pp. 41-66, 1991 (in Japanese)
“The Background of Recent Declines in Government Bonds Yield: Analysis of the Fundamentals Using IFR” (with Satoshi Yamaguchi), Bank of Japan Research and Statistics Department Working Paper, No. 98-1, 1998. (in Japanese)
“Searching for the Long-Run Relations between Monetary Aggregates and Other Macroeconomic Variables in Japan: A Vector Error Correction Approach,” (with Seisaku Kameda and Kinuko Kyoso) Bank of Japan Research and Statistics Department Working Paper, No. 98-2, 1998.
“Issues in Price Indexes,” Bank of Japan Monthly Bulletin, November 2000 Issue, 2000. (in Japanese)
“Speculative Issues in Price Indexes: Academic Considerations in Microeconomics,” (with Hideo Hayakawa) Bank of Japan Research and Statistics Department Working Paper, No. 01-5, 2001. (in Japanese)
“Toward Further Agricultural Development in Akita Prefecture,” (with Mitsuru Katagiri) Bank of Japan Akita Branch Research Report, No. 01-5, 2001. (in Japanese)

Message

Dear students,
(1) Even outside your studies, I want you to have curiosity and always be trying to learn. If you get a taste for the satisfaction that you feel in your gut when something confusing suddenly starts to make perfect sense, your life will be so much more fun.
(2) Learn how to ask good questions. It’s not just about asking; it’s important to have the sort of communication skills that will make people think “Wow, they’re really listening to me.”
(3) Improve your IT literacy. In the not-so-distant future, you may find that your income is determined not by language barriers but by digital ones (the digital divide).

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