OTAKI Masayuki

J-GLOBAL         Last updated: Feb 27, 2012 at 05:11
OTAKI Masayuki
The University of Tokyo
Institute of Social Science, Division of Comparative Contemporary Economics
Research funding number

Research Areas


Academic & Professional Experience

Apr 2001
Professor, Institute of Social Science, University of Tokyo
Apr 1996
Mar 2001
Associate Professor, Institute of Social Science, University of Tokyo
Apr 1991
Mar 1996
Associate Professor, Faculty of Economics, Aoyama-Gakuin University
Apr 1988
Mar 1991
Associate Professor, Faculty of Economics, Kanagawa University
Apr 1986
Mar 1988
Lecturer, Faculty of Economics, Kanagawa University


Graduate School, Division of Economics, The University of Tokyo
Faculty of Economics, The University of Tokyo

Published Papers

Money Matters even in the Long Run without any Price Friction
OTAKI Masayuki
News Letter of Asia-Pacifie Economic Society   2(1)    Jan 2012   [Refereed]
On the Dynamic Role of Monopolistic Competition in the Monetary Economy
OTAKI Masayuki (Coauthored with Yoshihiro Tamai)
Theoretical Economics Letters   1(3) 114-117   Nov 2011   [Refereed]
A Pure Theory of Aggregate Price Determination
OTAKI Masayuki
Theoretical Economics Letters   1(3) 122-128   Nov 2011   [Refereed]
OTAKI Masayuki
Economics Letters   102 1-3   Jan 2009   [Refereed]
OTAKI Masayuki
Economics Letters   96 23-29   2007   [Refereed]
Accumulation of Human Capital and the Business Cycle
OTAKI Masayuki(Coauthored with Kyoji Fukao)
Journal of Political Economy   101(1) 72-99   Feb 1993   [Refereed]


What was really lost? : Consequences of the Japanese Lost Decade and the `Stuctural Reformation'
OTAKI Masayuki
Sekai   (814) 138-146   Mar 2011   [Invited]
Deflation never Occers in Japan: an Artificially-Made Japanense Nightmare
OTAKI Masayuki
Sekai   (810) 37-45   Nov 2010   [Invited]
A Critique on the Role of Japanese Financial Sector
OTAKI Masayuki
Sekai   (776) 108-119   Feb 2008   [Invited]
On the Privatization of Public Sectors
OTAKI Masayuki
Sekai   (753) 252-265   Jun 2006   [Invited]
"Accumulation of Human Capital and the Business Cycle"
Journal of Political Economy      1993
Globalization of Capital Markets and the Optimal Monetary Policy
Masayuki Otaki (Coauthored with Fukuju Yamazaki and Kyoji Fukao)
Economics Studies Quarterly   41(December)    Dec 1990   [Refereed]
Deregulation of International Capital Movement :the Intergration of International Monetary Theory
Masayuki Otaki
Ph.D. Thesis      Sep 1990   [Refereed]
Deregulation of Deposit Rate and the Stability of Macroeconomy
Masayuki Otaki(Coauthored with Fukuju Yamazaki)
Economic Studies Quarterly   41(March)    1990   [Refereed]
The Decomposition of Tobin's q into the Variation of Profit and Interest Rate
Masayuki Otaki (Coauthored with Kazuyuki Suzuki)
National Economy   152    1986   [Refereed]

Books etc

Foundametals of Money and Employment Theory
OTAKI Masayuki
Keiso-Shobo   May 2011   
Foundamentals of Economics
OTAKI Masayuki
Yuhikaku   Jun 2009   
The Long Depression in Heisei Era: Political Economic Approach
OTAKI Masayuki (Part:Editor)
University of Tokyo Press   Apr 2008   
Dynamic and General Equilibrium Macroeconomics: Theory of Money and Effective Demand
OTAKI Masayuki
University of Tokyo Press   Sep 2005   
An Introduction to the Theory of Business Cycle: Economics for Non-Perfoming Debt and Speculative Bubble
OTAKI Masayuki
Chikuma-Shobo   Apr 2001   
Theory of Business Cycles : A Structural Analysis of Contemporary Japanese Economy
University of Tokyo Press   1994   
Macroeconomic Dynamics
University of Tokyo Press   1997   
Economics of Growth and Cycles
University of Tokyo Press   2000   
Causes of the long stagnation in Heisei Era: From the View of Employment and Monetary Theory
OTAKI Masayuki
Iwanami-Shoten   Dec 2011   

Conference Activities & Talks

The Dynamically Extended Keynesian Cross and the Welfare Improving Fiscal Policy [Invited]
OTAKI Masayuki
MPS Conferece in Montreal   Aug 2011   
A Pure Theory of Aggregate Price Determination
OTAKI Masayuki
Asian Pacific Economic Association   Jun 2011   

Research Grants & Projects

A Foundation for Money and Employment Theory
Japan Society for the Promotion of Science: 
Project Year: Apr 2011 - Mar 2013    Investigator(s): OTAKI Masayuki
A Multiplier Theory Based on the Dynamic Microeconomics and Welfare Economic Implication of Discretionary M
Japan Society for the Promotion of Science: 
Project Year: Apr 2007 - Mar 2009    Investigator(s): OTAKI Masayuki
Dynamic Microeconomics Foundation for Keynesian Economics
Project Year: 1996   
Income Distribution and Economic Growth
Project Year: 1997