Experts

平田 英明/Hideaki Hirata

Hideaki Hirata

  • SENIOR FELLOW

Professor, Faculty of Business Administration, Hosei University

Areas of Expertise

  • International macroeconomics and finance
  • international linkages of economic and financial variables
  • macroeconomics in Japan
  • financing in Japan

Research Program

Economic Data and Evidence-Based Policymaking

Bio

Hideaki Hirata is a professor in the Faculty of Business Administration, Hosei University, Japan. Before joining Hosei University, he was an economist at the Bank of Japan for nine years, conducting research on banking and finance, financial variables, and price indices. He was in charge of the BOJ’s outright purchases of ABS related to SME activities, which has been known as a pioneering program of non-traditional monetary policy measures adopted by the Bank of Japan in the early 2000s. He received a BA degree from Keio University in 1996, an MS degree in 2001 from Brandeis University, and a PhD in 2003, also from Brandeis University.


Select Publications

Choi, Yoonseok, Hideaki Hirata, and Sunghyun Henry Kim. 2017. “Tax Reform in Japan: Is It Welfare-enhancing?” Japan and the World Economy, 42: 12-22.

Hirata, Hideaki, and Keisuke Otsu. 2016. “Accounting for the economic relationship between Japan and the Asian Tigers.” Journal of the Japanese and International Economies, 41: 57-68.

Hirata, Hideaki. 2014. “Preference Shocks, International Frictions, and International Business Cycles.” Journal of Asian Economics, 34: 92-104.

Ono, Arito, Ryo Hasumi, and Hideaki Hirata. 2014. “Differentiated Use of Small Business Credit Scoring by Relationship Lenders and Transactional Lenders: Evidence from Firm–Bank Matched Data in Japan.” Journal of Banking & Finance, 42: 371–380.

Hasumi, Ryo, and Hideaki Hirata. 2014. “Small Business Credit Scoring and Its Pitfalls: Evidence from Japan.” Journal of Small Business Management, 52 (3): 555-568.

Yamamoto, Ryuichi, and Hideaki Hirata. 2013. “Strategy Switching in the Japanese Stock Market.” Journal of Economic Dynamics and Control, 37 (10): 2010–2022.

Hirata, Hideaki, Ayhan M Kose, and Chris Otrok. 2013. “Regionalization vs. Globalization.” Global Interdependence, Decoupling, and Recoupling, 87-130. MIT Press.

Hirata, Hideaki, Ayhan M Kose, Chris Otrok, and Marco Terrones. 2013. “Global House Price Fluctuations: Synchronization and Determinants.” NBER International Seminar on Macroeconomics, 2012, 119-166. University of Chicago Press.

Yamamoto, Ryuichi, and Hideaki Hirata. 2012. “Belief Changes and Expectation Heterogeneity in Buy- and Sell-Side Professionals in the Japanese Stock Market.” Pacific-Basin Finance Journal, 20 (5): 723–744.

Hirata, Hideaki, Sunghyun Henry Kim, and Ayhan M Kose. 2007. “Sources of Fluctuations.” Emerging Markets Finance and Trade, 43 (1): 5-34.

Hirata, Hideaki, Sunghyun Henry Kim, and Ayhan M Kose. 2004. “Integration and Fluctuations.” Emerging Markets Finance and Trade, 40 (6): 48-67.