1234567Michio SuzukiCurriculum VitaeMay 2023Graduate School of Economics and Management Office:+81-22-795-6296Tohoku University E-mail:michio.suzuki.a3@tohoku.ac.jp27-1 Kawauchi, Aoba-ku, Sendai Citizenship: JapanMiyagi, 980-8576, JAPANProfessional Experience•Associate Professor, Graduate School of Economics and Management, TohokuUniversity, April 2022–present.•Visiting Research Fellow, Economic and Social Research Institute, Cabinet Of-fice, Government of Japan, April 2022–present.•Research Fellow, Economic and Social Research Institute, Cabinet Office, Gov-ernment of Japan, April 2020–March 2022.•Visiting Associate Professor, Center for Data Science and Service Research,Graduate School of Economics and Management, Tohoku University, April2020–March 2022.•Associate Professor, Graduate School of Economics and Management, TohokuUniversity, April 2018–March 2020.•Adjunct Associate Professor, Research Center for Economic and Social Risks,Institute of Economic Research, Hitotsubashi University, April 2017–March2018.•Assistant Professor, Graduate School of Economics, the University of Tokyo,April 2011–March 2017.•Research Associate, Graduate School of Economics, the University of Tokyo,April 2010–March 2011.•Economist, Institute for Monetary and Economic Studies, the Bank of Japan,September 2008–March 2010.Education•Ph.D. in Economics, The University of Western Ontario, 2008.Thesis: “Essays on Inequality and Consumption Insurance.”Co-Supervisors: Martin Gervais and Paul Klein.•M.A. in Economics, Tohoku University, 2002.•B.A. in Economics, Tohoku University, 2000.Research Fields•Macroeconomics, Income and Consumption Inequality, Productivity.Research Grants, Awards, and Scholarships•JSPS Grant-in-Aid for Scientific Research (C), No.23K0139, April 2023-March2026.•JSPS Grant-in-Aid for Transformative Research Areas (B), No.22H05008, May2022–March 2025 (Coinvestigator).•JSPS Grant-in-Aid for Scientific Research (C), No.19K01584, April 2019–March2023.•JSPS Grant-in-Aid for Young Scientists (B), No.16K21004, April 2016–March2019.•Grant-in-Aid, Japan Center for Economic Research, April 2015–March 2016.•JSPS Grant-in-Aid for Young Scientists (B), No.25780202, April 2013–March2016.•Grant-in-Aid, The Seimeikai Foundation, April 2012–March 2013.•JSPS Grant-in-Aid for Research Activity Start-up, No.22830023, April 2010–March 2012.•Ontario Graduate Scholarship, Government of Ontario, 2006–2007.•Graduate Teaching of the Year, Department of Economics, University of West-ern Ontario, 2006.•Graduate Research Assistantship, University of Western Ontario, Winter 2004.•Third Year Graduate Paper Award, Department of Economics, University ofWestern Ontario, 2004.•Asahi Scholarship, Asahi Glass Scholarship Foundation, April 2000–March 2003.Publications2•“The Heterogeneous Effects of Covid-19 on Labor Markets: People’s Movementand Non-Pharmaceutical Interventions,” with Kisho Hoshi, Hiroyuki Kasahara,Ryo Makioka, and Satoshi Tanaka.Journal of the Japanese and InternationalEconomies, Vol.63, March 2022.•“Trade-Off between Job Losses and The Spread Of Covid-19 in Japan,” withKisho Hoshi, Hiroyuki Kasahara, Ryo Makioka, and Satoshi Tanaka.JapaneseEconomic Review, Vol. 72 (4), pp.683–716, October 2021.•“Understanding the Costs of Consumer Durable Adjustments.”Economic In-quiry, Vol. 54 (3), pp.1561-1573, July 2016.•“Wage, Income and Consumption Inequality in Japan,1981-2008: from Boomto Lost Decades,” with Jeremy Lise, Nao Sudo, Ken Yamada, and TomoakiYamada.Review of Economic Dynamics, Vol.17 (4), pp.582–612, October 2014.•“Does R&D Tax Credit Affect R&D Expenditure? Japanese Tax Credit Re-form in 2003,” with Hiroyuki Kasahara and Katsumi Shimotsu.Journal of theJapanese and International Economies, Vol.31, pp.72–97, March 2014.•“Consumption, Income, and Wealth Inequality in Canada,” with Matthew Br-zozowski, Martin Gervais, and Paul Klein.Review of Economic Dynamics,Vol.13 (1), pp. 52–75, January 2010.Current Research•“Identification and Estimation of Production Function with Unobserved Het-erogeneity,” with Hiroyuki Kasahara and Paul Schrimpf.•“Decomposition of Aggregate Productivity Growth with Unobserved Hetero-geneity,” with Hiroyuki Kasahara and Mitsukuni Nishida.•“The Effect of Bank Recapitalization Policy on Corporate Investment: Evidencefrom a Banking Crisis in Japan,” with Hiroyuki Kasahara and Yasuyuki Sawada.Revise and Resubmit atJournal of Banking and Finance. (Formerly titled:“Investment and Borrowing Constraints: Evidence from Japanese Firms”)•“Response of Inequality to a Growth Rate Slowdown in Japanese Economy,”with Nao Sudo and Tomoaki Yamada.•“Occupational Mobility and Consumption Insurance.”Published Comments•“Comment on “Who Faces Higher Prices? An Empirical Analysis Based onJapanese Homescan Data”,” by Naohito Abe and Kyosuke Shiotani.AsianEconomic Policy Review, Vol.9 (1), pp.116–117, January 2014.3Conference Presentations•“Decomposition of Aggregate Productivity Growth with Unobserved Hetero-geneity.”–The 71st European Meeting of Econometric Society, the University ofCologne, August 30, 2018, Canadian Economic Association Annual Meet-ing, McGill University, June 2, 2018, Midwest Macroeconomics Meeting,the University of Wisconsin-Madison, May 15, 2018, Tohoku UniversityAlumni Workshop in Economics, Ryukoku University, February 19, 2017.•“Identification and Estimation of Production Function with Unobserved Het-erogeneity.”–Japanese Economic Association, Fall Meeting, Online, October 11, 2020,RIETI-Gakushuin-Toyo International Workshop on Firm Dynamics, RI-ETI, December 2, 2016; Policy Modeling Conference, Kagawa University,September 3, 2016; Society for Economic Dynamics, Annual Meeting, theUniversity of Warsaw, June 27, 2015; Japanese Economic Association,Spring Meeting, Niigata University, May 24, 2015.•“The Effect of Bank Recapitalization Policy on Corporate Investment: Evidencefrom a Banking Crisis in Japan.” (Formerly titled: “Investment and BorrowingConstraints: Evidence from Japanese Firms”)–Midwest Macroeconomics Meetings, the University of Rochester, Novem-ber 6, 2015; The 68th European Meeting of the Econometric Society, theUniversity of Toulouse, August 26, 2014; Common Challenges in Asiaand Europe, Conference Center of the Deutsche Bundesbank, Eltville,May 1, 2014; The 9th Joint Conference of the University of Tokyo andSeoul National University, Seoul National University, November 16, 2012;Ifo/CESifo & Bundesbank Conference on “The Banking Sector and theState”, Munich, September 14-15, 2012; Midwest Macroeconomics Meet-ings, the University of Notre Dame, Notre Dame, May 12, 2012; EmpiricalApplied Economics Workshop, Tohoku University, March 20, 2012; AsianMeeting of the Econometric Society, Seoul, August 11, 2011; Japanese Eco-nomic Association, Autumn Meeting, Kwansei Gakuin University, Septem-ber 19, 2010.•“Does R&D Tax Credit Affect R&D Expenditure? Japanese Tax Credit Reformin 2003.”–Joint Economics Symposium of Yonsei University and University of Tokyo,the University of Tokyo, December 14, 2012.4•“Occupational Mobility and Consumption Insurance.”–Winter Institute of Macroeconomics, Shonan Village, Kanagawa, February28, 2009; Canadian Economics Association, Annual Meeting, Montreal,May 27, 2006.•“Consumption Smoothing without Secondary Markets for Small Durable Goods.”–Far East and South Asian Meeting of Econometric Society, the Universityof Tokyo, August 4, 2009; ZEI International Summer School, June 23, 2009;Japanese Economic Association, Spring Meeting, Kyoto University, June 7,2009; Canadian Economics Association, Annual Meeting, Hamilton, May27, 2005.Seminar Presentations•“Decomposition of Aggregate Productivity Growth with Unobserved Hetero-geneity.”–Waseda University, October 17, 2017; Keio University, September 22, 2017;DSGE Workshop, Senshu University, May 13, 2017; RIETI, March 24,2017.•“Identification and Estimation of Production Function with Unobserved Het-erogeneity.”–University of Queensland, March 14, 2018; The Institute of StatisticalResearch, May 15, 2015.•“Response of Inequality to a Growth Rate Slowdown in Japanese Economy.”–Ryukoku University, July 22, 2016; Keio University, October 11, 2016.•“The Firm-Level Productivity Distribution in Japan for 1980-2008”–Osaka University, March 17, 2014; University of Tokyo, November 7, 2013.•“The Effect of Bank Recapitalization Policy on Corporate Investment: Evidencefrom a Banking Crisis in Japan.” (Formerly titled: “Investment and BorrowingConstraints: Evidence from Japanese Firms”)–Shanghai University of Finance and Economics, October 26, 2015; Uni-versity of Tokyo, October 6, 2014; Yokohama National University, June 6,2013; National Graduate Institute For Policy Studies, January 16, 2013;Research Institute for Economics and Business Administration, Kobe Uni-versity, October 26, 2012; Policy Research Institute, Ministry of Finance,5March 8, 2012; Okayama University, December 14, 2011; Kyusyu Uni-versity, January 11, 2011; University of Southampton, December 8, 2010(presented by a co-author); Bank of Canada, November 30, 2010; Uni-versity of Western Ontario, November 22, 2010; Hitotsubashi University,January 18, 2010.•“Understanding the Costs of Consumer Durable Adjustments” (formerly ti-tled: “Consumption Smoothing without Secondary Markets for Small DurableGoods”)–University of Tokyo, April 16, 2012; Tohoku University, October 29, 2009;Keio University, June 16, 2009; Institute for Monetary and Economic Stud-ies, Bank of Japan, November 7, 2008.•“Occupational Mobility and Consumption Insurance”–Tezukayama University, July 29, 2009; University of Tokyo, May 19, 2009;Institute for Monetary and Economic Studies, Bank of Japan, February13, 2008.•“Consumption, Income, and Wealth Inequality in Canada”–Institute for Monetary and Economic Studies, Bank of Japan, November20, 2008.Referee Experience•Canadian Journal of Economics, Economics Journal, Economic Inquiry, Em-pirical Economics, Hitotsubashi Journal of Economics, Japan and the WorldEconomy, Journal of Asian Economics, Journal of Economic Behavior andOrganization, Journal of Economic Dynamics and Control, Review of Inter-national Economics, Review of Monetary and Financial Studies (Kinyu KeizaiKenkyu in Japanese).Professional Affiliations•American Economic Association, Econometric Society, Japanese Economic As-sociation.Skills•Computer: FORTRAN 90, MATLAB, STATA, R.•Language: English, Japanese (native).6Teaching Experience•Macroeconomics, Tohoku University, 2019 (Undergraduate level, taught in Japanese)•Advanced Macroeconomics, Tohoku University, 2018 (Graduate level, Japanese).•Applied Macroeconomics, Tohoku University, 2018, 2021 (Graduate level, En-glish).•Microeconomics, Graduate School of Public Policy, University of Tokyo, 2011–2017 (Graduate level, English).•Topics in Consumption and Investment, University of Tokyo, 2011–2016 (Grad-uate level, English).•Intermediate Macroeconomics (EC152), University of Western Ontario, 2007(Undergraduate level, English).7