Research Interests

Macroeconomics with Heterogeneous Households / Survey Experiments on Fiscal Policy

My research has two strands.

The main one uses macroeconomic models that explicitly incorporate differences across households in income and wealth (heterogeneous-agent models). I am particularly interested in durable goods such as housing and automobiles. For most households, a home is the largest asset they own and, through the mortgage attached to it, the largest debt they carry. A change in interest rates therefore affects households very differently depending on whether they own or rent, and on whether their mortgage carries a fixed or an adjustable rate. Building up the economy from the decisions of individual households allows me to address, within a single framework, questions ranging from the familiar — whether to choose a fixed-rate or an adjustable-rate mortgage — to how monetary policy propagates through the economy as a whole.

The second strand examines public attitudes toward fiscal policy using survey experiments. My central interest is how people perceive the state of public finances, and how those perceptions shape their support for tax increases and spending cuts.

Education and Positions

2012：B.A. in Economics from Doshisha University
2014：M.A. in Economics from Kyoto University
2021：Ph.D. in Economics from The Ohio State University

Teaching Experience

Undergraduate
　　Intermediate Macroeconomics

 Graduate/Postgraduate
　　・Macroeconomics
　　・Development Economics: Macroeconomic Approach

Macroeconomics studies the economy as a whole — business cycles, growth, inflation, and unemployment. In this course we build up that picture from individual decisions: how households choose consumption, saving, and how much to work, and how firms decide on investment. The aim is for students to be able to read the debates on interest rates and fiscal policy they encounter in the news as outcomes of particular choices by particular actors, and to reason through the effects of policy for themselves.

Contact

E-mail

hino(at)econ.kobe-u.ac.jp

Office hours

It is preferable to speak with me after class or to make an appointment in advance by email.