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My Profile

Name Real Arai
Current Position Assistant Professor, the Graduate School of Social Sciences, Hiroshima University.
Address 1-2-1, Kagamiyama, Higashi-hiroshima City, Hiroshima, 739-8525, JAPAN.
E-mail real (at) hiroshima-u.ac.jp
[ Please replace (at) to @. I'm sorry for your inconvenience.]
Homepage http://real-a.net/index-e.html
Education M.A. in Economics, Kyoto University, March, 2007.
B.A. in Economics, Kyoto University, March, 2005.
Main Research Fields Fiscal Policy, Public Economics, Macroeconomics.

Professional Experiences

Sep.2011 - (Current)
    Assistant Professor, the Graduate School of Social Sciences, Hiroshima University, Hiroshima, Japan.
Apr.2010 - (Current)
    Part-time Lecturer, Ryukoku University, Kyoto, Japan.
Apr.2010 - Aug.2011
    Researcher, The Research Center for Advanced Policy Studies, Institute of Economic Research, Kyoto University, Kyoto, Japan.
Apr.2010 - Sep.2011
    Part-time Lecturer, Konan University, Hyogo, Japan.
Oct.2009 - Feb.2010
    Research Assistant, Institute of Economic Research, Kyoto University, Kyoto, Japan. (Prof. Akihisa Shibata)
Jun.2009 - Sep.2009
    Research Assistant, Institute of Economic Research, Kyoto University, Kyoto, Japan. (Prof. Kenn Ariga)
Oct.2008 - Mar.2009
    Research Assistant, Institute of Economic Research, Kyoto University, Kyoto, Japan. (Prof. Akihisa Shibata)
Jun.2008 - Sep.2008
    Teaching Assistant, Graduate School of Management, Kyoto University, Kyoto, Japan. (Prof. Tetsuro Shimamoto)
Oct.2007 - Feb.2008
    Research Assistant, Institute of Economic Research, Kyoto University, Kyoto, Japan. (Prof. Akihisa Shibata)
Apr.2006 - Mar.2011
    Part-time Teacher, TAC Co.Ltd., Kyoto, Japan.

Report of Teaching

2011   Topics in Economic Analysis (Economics of Fiscal Sustainability); 1st-2nd year graduate students; 2 hour sessions per week for 15 weeks.
    Graduate School of Social Sciences, Hiroshima University, Hiroshima, Japan.
2011   Special Lecture (Fiscal Policy); 3rd-4th year undergraduate students; 2 hour sessions per week for 15 weeks.
    Faculty of Economics, Hiroshima University, Hiroshima, Japan.
2010-2011   Introductory to Microeconomics; 1st year undergraduate students; 2 hour sessions per week for 15 weeks [2 classes].
    Faculty of Economics, Konan University, Hyogo, Japan.
2010-2011   Macroeconomics; 3rd-4th year undergraduate students; 2 hour sessions per week for 15 weeks.
    Faculty of Business Administration, Ryukoku University, Kyoto, Japan.
2010-2011   Introductory to Macroeconomics; 1st year undergraduate students; 2 hour sessions per week for 15 weeks [2 classes].
    Faculty of Economics, Konan University, Hyogo, Japan.

About My Researches

These files are almost PDF format. You can read them with Acrobat Reader.


Refereed Journal Papers

Arai R. (2011), "Productive Government Expenditure and Fiscal Sustainability", FinanzArchiv (Public Finance Analysis), Vol. 67, No. 4, pp. 327-351.
The revised version is here [PDF format]. (Updated in 2011.09.18.)


Working Papers

Arai R. and T. Kunieda (2011), "Sustainability of Fiscal Policy Rules and Credit Constraints: Theory and Evidence", Department of Economics and Finance Working Paper No.2011001, City University of Hong Kong. [external link, PDF format]
An earlier version: Arai R. and T. Kunieda (2010), "Sustainable Public Debt, Credit Constraints, and Social Welfare ", KIER Discussion Paper No.732. [external link, PDF format]


Presentations

Oct.2011, "A Numerical Evaluation on the Size of Sustainable Fiscal Deficit in Japan",
    Seminar of Human Economy Research Group, Institution of Economic Research, Chuo University, Tokyo, Japan.
Apr.2011, "Sustainable Public Debt, Credit Constraints, and Social Welfare",
    Royal Economic Society 2011 Annual ConferenceCRoyal Holloway, University of London, UK.
Jan.2011, "Markov Perfect Equilibria with Public Debt in a Political Economy",
    The Center for Advanced Economic Study (CAES) Seminar, Fukuoka University, Fukuoka, Japan.
Nov.2010, "Markov Perfect Equilibria with Public Debt in a Political Economy",
    Economic Theory and Policy Workshop, Tokyo Metropolitan University, Tokyo, Japan.
Sep.2010, "Sustainable Public Debt, Credit Constraints, and Social Welfare",
    2010 Japanese Economic Association Autumn Meeting (Oral Session), Kwansei Gakuin University, Hyogo, Japan.
Sep.2010, "Sustainable Public Debt, Credit Constraints, and Social Welfare",
    Kyoto University Macroeconomics Seminar, Kyoto University, Kyoto, Japan.
Aug.2010, "Sustainable Public Debt, Credit Constraints, and Social Welfare",
    Summer Workshop on Economic Theory 2010, Hokkaido University, Hokkaido, Japan.
Apr.2010, "Sustainable Fiscal Policy, Credit Constraints, and Economic Growth",
    Kyoto University Brown Bag Lunch Seminar, Kyoto University, Kyoto, Japan.
Jun.2009, "Productive Government Expenditure and Fiscal Sustainability",
    2009 Japanese Economic Association Spring Meeting (Oral Session), Kyoto University, Kyoto, Japan.
Mar.2009, "Productive Government Expenditure and Fiscal Sustainability",
    Kansai Economic Seminar for Graduate School, Osaka University, Osaka, Japan.

Reports

Ueda J., D. Ishikawa, R. Arai, and R. Ishida (2011), "Sophistication and Expansion of Macroeconometrics Models for Prediction of Public Finance and Economy", Institute of Economic Research, Kyoto University (in Japanese).
[I coauthor Chapter 9, "Simulation in an Overlapping Generations Model".]


Working in Progress


Grants


Referee Activity

Journal of Public Economics


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E-mail: real (atmark) hiroshima-u.ac.jp