写真a

MIYAO Ryuzo

Position

Professor

Degree

Ph.D (Economics)(Harvard University)

Research Field

Humanities & Social Sciences / Economic policy

Graduating School 【 display / non-display

  • Kobe University   Faculty of Economics   Graduated

    1983.4 - 1987.3

Graduate School 【 display / non-display

  • Harvard University   Graduate School, Division of Economics   Doctor's Course   Completed

    1990.9 - 1994.11

Campus Career 【 display / non-display

  • KONAN UNIVERSITY   Faculty of Economics   Faculty of Economics Department of Economics   Professor

    2025.4

External Career 【 display / non-display

  • 神戸大学   大学院経済学研究科 研究科長

    2022.11 - 2024.11

  • 神戸大学   大学院経済学研究科 教授

    2020.4 - 2025.3

  • 東京大学   大学院経済学研究科 教授

    2015.3 - 2020.3

  • 日本銀行   政策委員会 審議委員

    2010.3 - 2015.3

  • 神戸大学   名誉教授

    2010.3

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Papers 【 display / non-display

  • Regime Shifts in the Effects of Japan’s Unconventional Monetary Policies Reviewed International coauthorship

    Ryuzo Miyao and Tatsuyoshi Okimoto

    The Manchester School   88 ( 6 )   749 - 772   2020.12

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    Joint Work

    Japan is the country with the longest history of implementing unconventional monetary policies, which were first introduced more than fifteen years ago and have been expanded several times since then. This study attempts to assess the overall macroeconomic effects of Japan's unconventional monetary policies based on a stylized block-recursive vector autoregression with a smooth transition. The results suggest that expansionary unconventional monetary policy shocks have clear macroeconomic effects, leading to a persistent rise in real output and inflation. In addition, we demonstrate that these macroeconomic effects have become more persistent for output as well as stronger and more persistent for inflation in recent years, including in the quantitative and qualitative monetary easing period.

  • The Effects of Asset Purchases and Normalization of U.S. Monetary Policy Reviewed International coauthorship

    Naoko Hara, Ryuzo Miyao and Tatsuyoshi Okimoto

    Economic Inquiry   58 ( 3 )   1279 - 1296   2020.7

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    Joint Work

  • Use of Money Supply in the Conduct of Japan’s Monetary Policy: Reexamining the Time Series Evidence Reviewed

    Ryuzo Miyao

    Japanese Economic Review   56 ( 2 )   165 - 187   2005.6

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    Single Work

  • The Effects of Monetary Policy in Japan Reviewed

    Ryuzo Miyao

    Journal of Money, Credit, and Banking   34 ( 2 )   376 - 392   2002.5

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    Single Work

  • The Role of Monetary Policy in Japan: A Break in the 1990s? Reviewed

    Ryuzo Miyao

    Journal of the Japanese and International Economies   14   366 - 384   2000.12

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    Single Work

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Books and Other Publications 【 display / non-display

  • マクロ金融政策の時系列分析ー政策効果の理論と実証

    宮尾 龍蔵( Role: Sole author)

    日本経済新聞社  2006.6 

  • コア・テキスト マクロ経済学 第2版

    宮尾 龍蔵( Role: Sole author)

    新世社  2017.6 

  • 非伝統的金融政策ー政策当事者としての視点

    宮尾 龍蔵( Role: Sole author)

    有斐閣  2016.10 

  • Introduction to Econometrics, 2nd ed.

    James H. Stock and Mark W. Watson( Role: Sole translator)

    2016.5 

  • コア・テキスト マクロ経済学 

    宮尾 龍蔵( Role: Sole author)

    新世社  2005.9 

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Presentations 【 display / non-display

  • 金融政策のマクロ経済効果

    宮尾龍蔵

    日本金融学会中央銀行部会  2025.3 

  • マイナス金利解除後の金融政策運営

    宮尾龍蔵

    日本金融学会中央銀行部会  2024.3 

  • 日本経済と金融政策

    宮尾龍蔵

    日本金融学会中央銀行部会  2018.9 

  • The Macroeconomic Effects of Japan's Unconventional Monetary Policies

    IAAE 2017 Meeting  2017.6 

  • Japanese Monetary Policy Invited

    Asian Economic Outlook and Policy Challenges, Korea University  2015.12 

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Academic Awards Received 【 display / non-display

  • 日本経済学会 石川賞

    2010.1   日本経済学会  

  • 第24回 村尾育英会 学術賞

    2007.3   村尾育英会  

  • 第49回 日経・経済図書文化賞

    2006.11   日本経済新聞社・日本経済研究センター  

Grant-in-Aid for Scientific Research 【 display / non-display

  • 非伝統的金融政策の役割の再検討:マクロ実証分析からの解明

    2022.4 - 2026.3

    JSPS Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research(C)

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    Authorship:Principal investigator

  • 自然利子率の計測とそのマクロ政策含意に関する比較実証研究 

    2007.4 - 2010.3

    JSPS Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research(C)

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    Authorship:Principal investigator

  • 為替レート政策のマクロ経済効果に関する比較実証研究

    2004.4 - 2007.3

    JSPS Grants-in-Aid for Scientific Research Grant-in-Aid for Scientific Research(C)

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    Authorship:Principal investigator

  • GDPギャップの推計とマクロ政策判断に関する比較実証研究

    2002.4 - 2004.3

    JSPS Grants-in-Aid for Scientific Research Grant-in-Aid for Early-Career Scientists

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    Authorship:Principal investigator

  • アジア太平洋諸国への資本流入の維持可能性に関する実証比較研究

    2000.4 - 2002.3

    JSPS Grants-in-Aid for Scientific Research Grant-in-Aid for Encouragement of Scientists

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    Authorship:Principal investigator

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Other External funds procured 【 display / non-display

  • 非伝統的金融政策と財政政策の協調に関する実証分析

    2020.9 - 2022.8

    全国銀行学術研究振興財団  全国銀行学術研究振興財団 研究助成 

    宮尾龍蔵

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    Authorship:principal_investigator 

  • 非伝統的金融政策に関する包括的な理論・実証研究 

    2016.4 - 2018.3

    野村財団  金融・証券のフロンティアを拓く研究助成 

    宮尾龍蔵

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    Authorship:principal_investigator 

 

Committee Memberships 【 display / non-display

  • 2022.4   日本経済学会  監事

  • 2016.5 - 2024.5   日本金融学会  常任理事

  • 2008.4 - 2010.3   日本経済学会  常任理事

  • 2006.5 - 2010.3   日本金融学会  常任理事

  • 2004.9 - 2008.4   日本経済学会  理事

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