Fellow Researchers Profile
Makoto WATANABE
Senior Research Fellow
Professor, KIER Kyoto University
Counseler/
Research Fellow, CESifo
Expertise
- Intermediation Economics
- Industrial Organization
- Money and Banking
- Macroeconomics
- Labor Economics
Working papers, Papers and Reports
Profile
Education
| January, 2006 | PhD, Economics, University of Essex, UK |
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| March, 1998 | MA, Economics, Kyoto University |
| March, 1996 | BA, Economics, Waseda University |
Career
| 2024- | Counseler, Kyoto Prefecture |
|---|---|
| 2022- | Professor, KIER Kyoto University |
| 2013- | Research Fellow, CESifo |
| 2012-2023 | Research Fellow, Tinbergen Institute |
| 2012-2022 | Associate Professor, School of Business and Economics, Vrije Universiteit Amsterdam |
| 2012-2017 | Vidi Fellow, Dutch Government |
| 2011-2012 | Associate Professor, Universidad Carlos III, SPAIN |
| 2009-2012 | Ramon y Cajar, Spanish Government |
| 2006-2009 | Juan de la Cierva, Spanish Government |
| 2005-2011 | Assitant Professor, Universidad Carlos III, SPAIN |
Publications
- Strategic limitation of market accessibility: search platform design and welfare (with Chris Teh and Chengsi Wang), Journal of Economic Theory, 216 (2024), 105798
- Endogenous cycles in collateralized credit (with Vyacheslav Arbuzov, Yu Awaya and Hiroyuki Fukai), Journal of Money, Credit and Banking, 56–2–3 (2024), 627-646
- Marketmaking middlemen (with Pieter Gautier and Bo Hu), RAND Journal of Economics, 54-1 (2023), 83-103Rational bubbles and middlemen (with Yu Awaya and Kohei Iwasaki), Theoretical Economics, 17-4 (2022), 1559-1587
- A model of collateral: endogenizing the borrowing constraint (with Yu Awaya and Hiroyuki Fukai), International Economic Review, 62-32 (2021) 1131-1151
- Multiproduct intermediaries (with Andrew Rhodes and Jidong Zhou), Journal of Political Economy, 129-2 (2021) 421-464
- Middlemen: a directed search equilibrium approach, BE Journal of Macroeconomics (Advances), 20-2 (2020) 1-37
- Banking crises and liquidity in a monetary economy (with Tarishi Matsuoka), Journal of Economics Dynamics and Control, 108 (2019) 1-22
- Middlemen: the visible market makers, Japanese Economic Review, 96-2 (2018) 156-170
- Competition in the presence of individual demand uncertainty (with Marc Möller), RAND Journal of Economics, 47 (2016) 273-292
- Collective versus decentralized wage bargaining and the efficient allocation of resources (with Xiaoming Cai, Pieter Gautier, Coen Teulings) Labour Economics, 26 (2014) 34-42
- Liquidity constraints in a monetary economy, (with Leo Ferraris) International Economic Review, 53 (2012) 255-277
- Collateral fluctuations in a monetary economy, (with Leo Ferraris) Journal of Economic Theory, 146 (2011) 1915-1940
- A model of merchants, Journal of Economic Theory 145 (2010) 1865–1889
- Advance purchase discounts versus clearance sales, (with Marc Möller) Economic Journal 547 (2010) 1125-1148
- Collateral secured loans in a monetary economy, (with Leo Ferraris) Journal of Economic Theory 143 (2008) 405-424
- Inflation, price competition, and consumer search technology, Journal of Economic Dynamics and Control 32 (2008) 3780–3806