Akito Matsumoto is an Economist in the Research Department of the International Monetary Fund. Previously, he worked at the Board of Governors, the Bank of England , Nomura Securities, and Nomura Research Institute. He was a Chartered Member of the Securities Analysts Association of Japan. His current research interests include open economy macroeconomics, international finance and monetary economics.
Fluent In: Japanese.
University of Wisconsin - Madison (1999-2004)
Ph.D. in Economics, May 2004.
MS in Economics, December 2000.
The University of Tokyo, Tokyo, Japan (1989-1994)
Bachelor of Law, March 1994.
IMF Books and Working Papers:
Global Liquidity : Availability of Funds for Safe and Risky Assets, Working Paper No. 11/136, June 01, 2011
New Shocks and Asset Price Volatility in General Equilibrium, Working Paper No. 11/110, May 01, 2011
International Risk Sharing During the Globalization Era, Working Paper No. 09/209, September 01, 2009
International Risk Sharing: Through Equity Diversification or Exchange Rate Hedging?, Working Paper No. 09/138, July 01, 2009
The International Diversification Puzzle when Goods Prices are Sticky: It's Really about Exchange-Rate Hedging, not Equity Portfolios, Working Paper No. 09/12, January 01, 2009
New Shocks, Exchange Rates and EquityPrices, Working Paper No. 08/284, December 01, 2008
The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice, Working Paper No. 07/163, July 01, 2007
Portfolio Choice in a Monetary Open-Economy DSGE Model, Working Paper No. 05/165, August 01, 2005
Other Published Materials
The International Diversification Puzzle when Goods Prices are Sticky: It’s Really about Exchange-Rate Hedging, not Equity Portfolios", with Charles Engel
American Economic Journal: Macroeconomics, 2009, Vol 1(2): 155–88.
"News Shocks and Asset Price Volatility in General Equilibrium" with Pietro Cova, Massimiliano Pisani, and Alessandro Rebucci. Journal of Economic Dynamics and Control, 2011, Vol 35(12): 2132-2149
"International Risk Sharing During the Globalization Era" with Robert Flood and Nancy Marion. Canadian Journal of Economics, 2012, Vol 45 (2): 394-416