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RYO JINNAI
Assistant Professor
Department of Economics
Texas A&M University
CONTACT
Department of Economics
Texas A&M University
4228 TAMU
College Station, TX 77843
Phone: (979) 845-7380
Fax: (979) 845-8757
rjinnai@econmail.tamu.edu
www.econweb.tamu.edu/rjinnai
EMPLOYMENT
Assistant Professor, Department of Economics, Texas A&M University, August 2009-present
SHORT-TERM APPOINTMENTS/VISITING
The Canon Institute for Global Studies, December 2012
Center for the Study of Finance and Insurance, Osaka University, July 2011-August 2011
IMF Institute, summer 2006
Bank of Japan, summer 2005
EDUCATION
Princeton University, Ph.D. in Economics, 2009
Princeton University, M.A. in Economics, 2006
The University of Tokyo, B.A. in Economics, 2003
FIELDS OF INTEREST
Macroeconomics, Monetary Economics, Applied Time Series Econometrics
PUBLICATION
1. Jinnai, R., forthcoming. Innovation, Product Cycle, and Asset Prices, Review of Economic
Dynamics.
2. Jinnai, R., 2014. R&D Shocks and News Shocks, Journal of Money, Credit and Banking, 46,
1457-1478.
3. Jinnai, R., 2013. News Shocks and Inflation, Economics Letters, 119, 176–179.
4. Jinnai, R., 2007. Optimal Inattentive Length in Macroeconomic Models, Economics Letters,
95, 174-179.
PAPER UNDER REVIEW
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Liquidity, Trends, and the Great Recession (with Pablo Guerron-Quintana), being
revised for an invited resubmission to the American Economic Review
WORK IN PROGRESS/REVISING
 R&D Shocks, News Shocks, and Price Levels
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Investment Shocks, Capacity Utilization, and Endogenous Entries
Liquidity Shocks and Stock Market Boom-Bust Cycles (with Pablo Guerron-Quintana)
Liquidity, Trends, and Multipliers (with Pablo Guerron-Quintana)
Monetary Policy with Endogenous Inattention
An Empirical Study of Monetary Policy at Zero Short-Term Nominal Interest Rates
OTHER PUBLICATIONS
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A review article on the Nobel Prize in Economics Science in 2011, Nikkei BP Online,
October 13th, 2011 (http://business.nikkeibp.co.jp/article/topics/20111012/223163/)
A group interview with young economists (myself, Ippei Fujiwara (BOJ), Toshihiko
Mukoyama (Virginia), Kenichi Fukushima (Wisconsin-Madison), Shigeru Fujita (Philly
Fed), Makoto Nakajima (Philly Fed), and Akito Matsumoto (IMF)), published in
“Atarashii Keizai no Kyokasho,” Nikkei BP Press, March 28th, 2011
“Kiei no Ronten (a relay column on the economics and business),” Nikkei Business,
November 29th, 2010; reprinted in “Atarashii Keizai no Kyokasho,” Nikkei BP Press,
March 28th, 2011
“Kiei no Ronten,” Nikkei Business, May 13th, 2010
“Kiei no Ronten,” Nikkei Business, November 26th, 2009; reprinted in “Atarashii Keizai
no Kyokasho,” Nikkei BP Press, March 24th, 2010
SEMINAR/CONFERENCE PRESENTATIONS
Spring 2014 Midwest Macroeconomic Meeting, University of Missouri-Columbia, May-June
2014; Hitotsubashi University, May 2014; 5th Annual Canon Institute for Global Studies (CIGS)
Conference on Macroeconomic Theory and Policy, Tokyo, May 2014; Otaru University of
Commerce, May 2014; the Ministry of Finance, Tokyo, May 2014; 15th Annual Macro
Conference, the University of Tokyo, December 2013; Kansai University, December 2013;
Waseda University, December 2013; Kyoto University, December 2013; The Canon Institute for
Global Studies, December 2012; Okayama University, December 2012; DSGE Conference 2012
(organizers: Real Arai, Masaru Inaba, Kengo Nutahara, and Kazuki Hiraga), Hiroshima
University, December 2012; Rice University, October 2012; Spring Meeting, Japanese Economic
Association (discussant), June 2012, Sapporo, Japan; ASSA Annual Meeting, Chicago, January
2012; University of Houston, November 2011; Asian Meeting of Econometric Society, Korea
University, August 2011; Tohoku University, August 2011; Kobe University, July 2011; Osaka
University, July 2011; Okayama University, July 2011; Keio University, July 2011; Midwest
Macroeconomics Meetings, Vanderbilt, May 2011; Texas Monetary Conference (discussant),
Sothern Methodist University, May 2011; Richmond Fed, March 2011; a conference on macroeconometrics (organizer: Toshiaki Watanabe), Hitotsubashi University, February 2011; Texas
A&M University, February 2011; The Annual Congress of European Economic Association,
University of Glasgow, August 2010; Keio University, May 2010; University of Tokyo, May
2010; Bank of Japan, May 2010; International Christian University, May 2010; Okayama
University, May 2010; The Canon Institute for Global Studies, May 2010; GRIPS, Japan,
February 2009; Indiana University, January 2009; Booth School of Business, University of
Chicago, January 2009; Texas A&M University, January 2009; London School of Economics,
January 2009; Board of Governors of the Federal Reserve System, January 2009; Princeton
University, October 2008; University of Tokyo, June 2008; Gakushuin University, June 2008;
Tohoku University, May 2007; Bank of Japan, May 2007; Bank of Japan, July 2006
TEACHING EXPERIENCE
 Macroeconomic Theory II (second half of the Ph.D. core macroeconomics sequence),
Instructor, Texas A&M University (Evaluation: 4.84/5 in Spring 2013; 4.73/5 in Spring
2012; 4.68/5 in Spring 2011)
 Macroeconomic Theory (an intermediate macroeconomics course for undergraduates; a
writing intensive course), Instructor, Texas A&M University (Evaluation: 4.25/5 in Fall
2013; 3.51/5 in Spring 2013)
 Foundation of Macroeconomic Theory (a master level international macroeconomics
course), Instructor, Texas A&M University (Evaluation: 4.10/5 in Fall 2013; 4.24/5 in Fall
2012; 4.73/5 in Fall 2011)
 Principles of Macroeconomics, Instructor, Texas A&M University (Evaluation: 4.56/5 in
Spring 2010; 4.48/5 in Fall 2009)
 Macroeconomics, Teaching Assistant, Princeton University, Spring 2008 and Spring
2009
 Money and Banking, Teaching Assistant, Princeton University, Spring 2007
 Advanced Microeconomics (first half of the Ph.D. core microeconomics sequence),
Teaching Assistant, The University of Tokyo, Summer 2003
GRADUATE STUDENTS SUPERVISED
 Ph.D., Economics, chair, Wongi Kim, continuing
 Master, Economics, chair, Vaidyanathan Ramaiah, continuing
 Master, Economics, committee member, Sijia Zhang, continuing
 Master, Economics, committee member, Chenliu Jiang, 2013
 Master, Economics, chair, Minghui Zhao, 2013
 Master, Economics, committee member, Pu Sun, 2013
 Master, Economics, chair, Daniel Beaudreault, 2013
 Master, Economics, committee member, Linzi Kong, 2013
 Master, Economics, co-chair, Van Ngo, 2013
 Master, Economics, co-chair, Tran T. Phan, 2013
 Master, Economics, chair, Fangfei Zhang, 2013
 Master, Economics, committee member, Guoxi Feng, 2013
 Ph.D., Economics, committee member, Yulei Peng, 2013
 Master, Economics, committee member, Ju Won Jang, 2013
 Master, Economics, committee member, Jong Hoon Kim, 2013
 Master, Economics, committee member, Jun Ha Hwang, 2013
 Master, Economics, committee member, Lu Chen, 2012
 Master, Economics, committee member, Junyi Li, 2012
 Master, Economics, committee member, Tianzhe Wang, 2012
 Master, Economics, committee member, Shili Yan, 2012
 Master, Economics, committee member, Yiqian Li, 2012
 Master, Economics, committee member, Wanqing Yan, 2012
 Ph.D., Economics, co-chair, Eul Jin Kim, 2012
 Ph.D., Finance, committee member, Heungju Park, 2011
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Ph.D., Economics, committee member, Jesus Antonio Bejarano Rojas, 2010
Master, Economics, committee member, Zhou, Ying, 2010
Ph.D., Economics, co-chair, Changwoo, Nam, 2010
HONORS AND AWARDS
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Research funded by JSPS KAKENHI Research Project Number 24330094; Project
Title: the analysis on medium-term business cycle mechanisms and its applications to
public policy research; PI: Masaru Inaba (Kansai University); My role in the project: a
research collaborator affiliated to a foreign institution; Duration: four years; Amount
Funded: 2012FY: 3,400,000 JPY (direct) + 1,020,000 JPY (indirect); 2013FY: 3,200,000
JPY + 960,000 JPY; 2014FY: 3,300,000 JPY + 990,000 JPY; 2015FY: 3,000,000 JPY +
900,000 JPY
CLA International Travel grants, Texas A&M University, 2010, 2011
JAA-Honjo Scholarship, 2008
Princeton University Graduate School Fellowship, 2003-2005, 2007-2008
Princeton University Graduate School Summer Support, 2003-2007
Japan-IMF Scholarship Program for Advanced Studies, 2005-2007
Selected participant to Russell Sage Foundation Behavioral Summer Camp, Trento, Italy,
2004
Hyoe Ouchi Prize (awarded for an outstanding senior thesis), The University of Tokyo,
2002
REFEREEING
Journal of the Japanese and International Economies; Journal of Monetary Economics (2); Macroeconomic
Dynamics (4); Review of Economic Dynamics; Southern Economic Journal
OTHER PROFESSIONAL SERVICE
A grant proposal review for the Icelandic research fund; a grant proposal review for the Social Sciences
and Humanities Research Council of Canada (SSHRC); a book proposal review for Columbia Business
School Publishing.
PERSONAL
Sex: Male
Citizenship: Japan
Visa Status: US permanent residence
Language: English (fluent), Japanese (native)
Date of birth: 13 January 1980
Place of birth: Aichi, Japan
Marital Status: Married; two sons
REFERENCE
Available upon requests.
(Last updated: 17 November 2014)