Takeki Sunakawa

Takeki Sunakawa is an Assistant Professor at the Graduate School of Economics, Hitotsubashi University. Previously affiliated with Kobe University, the University of Tokyo, and the Bank of Japan, he holds a Ph.D. in Economics from The Ohio State University. His research focuses on Macroeconomics and Monetary Policy, with emphasis on dynamic stochastic general equilibrium (DSGE) models, particularly addressing Japan's liquidity trap and effective lower bound (ELB) challenges. He conducted FFJ/Banque de France Fellowship research (2016-2017) analyzing unconventional monetary policies and forward guidance credibility.

Education:

• Ph.D. in Economics, The Ohio State University
• Prior positions at Kobe University, University of Tokyo, and Bank of Japan

Research Interests: Sunakawa explores macroeconomic policy under ELB constraints, estimating output gaps and natural interest rates using DSGE frameworks. His work evaluates the effectiveness of forward guidance and credibility challenges in central bank policies. Recent projects include analyzing Japan's prolonged deflation and evaluating quantitative easing (QE) and qualitative/quantitative easing (QQE) policies.

Awards:

• 2016 FFJ/Banque de France Fellow

Policy Analysis: His research examines counterfactual simulations of more expansionary monetary policies, assessing how policy adjustments could mitigate Japan's economic stagnation. Collaborations include international workshops on monetary policy under heterogeneous economies.