HIRO ITO
Affiliated Assistant Professor of Finance
Ph.D., University of California, Santa Cruz
M.A., Johns Hopkins University (School of Advanced International Studies)
B.S., Waseda University, Tokyo

EML: hito@willamette.edu

Mr. Hiro Ito's areas of specialties are international finance, open macroeconomics, financial development, and Japanese and East Asian economics. His papers are published in the Journal of Development Economics, Journal of International Money and Finance, North American Journal of Economics and Finance, Review of International Economics, and Asian Pacific Business Review. Mr. Ito earned his Ph.D. in Economics at the University of California, Santa Cruz, an MA in International Relations at the School of Advanced International Studies (SAIS) of Johns Hopkins University, and a BA in Law at Waseda University in Tokyo. Mr. Ito was also Research Associate at Economic Strategy Institute, Washington, D.C. where he published a report on the Japanese banking crisis and researched issues related to Asian development.

• International Finance
• Open Macroeconomics
• Monetary Economics
• East Asian Economics
• Development Economics
• Financial Development
• Econometrics
• International Trade

“Global Current Account Imbalances: American Fiscal Policy versus East Asian Savings” (with Menzie Chinn, University of Wisconsin, Madison), tentatively accepted for publication at Review of International Economics (July 2006).

Current Account Balances, Financial Development and Institutions: Assaying the World “Savings Glut,” (with Menzie Chinn), forthcoming in the Journal of International Money and Finance. The previous version is NBER Working Paper No. 11761 (November 2005).

“Financial Development in Asia: Thresholds, Institutions, and the Sequence of Liberalization”, published in the North American Journal of Economics and Finance, issue 17(3) (June, 2005).

“What Matters for Financial Development? Capital Controls, Institutions, and Interactions,” (with Menzie Chinn), published in the Journal of Development Economics, Volume 81, Issue 1, Pages 163-192 (October 2006). The longer version is available as NBER Working Paper No. 11370 (May 2005). The previous version is “Capital Account Liberalization, Institutions and Financial Development: Cross Country Evidence,” (with Menzie Chinn) NBER Working Paper Series, #8967 (June 2002).

The KAOPEN data are available in Excel format. The data are now extended to 181 countries for 1970 to 2005.

“Does China Compete with Japan in the US Market? What About Other East Asian Countries?  A Triangular Trade Approach” (with Yushi Yoshida), published in the Asian Pacific Business Review, Volume 12, Number 3, p. 285 – 307 (July 2006).