Dr Shinichi Nishiyama

Senior Lecturer - Economics

Research Overview

My main research fields are macroeconomics, applied microeconomics, public finance, and computational economics. Since graduating with my Ph.D. from University of Pennsylvania in 2000, I have been studying the effects of the government’s fiscal policies on individual households in an economy with various individual risks. My primary tool for this research is a dynamic general-equilibrium overlapping-generations (OLG) model with heterogeneous agents, which is also called an incomplete market model. The model of this class has strength in evaluating a policy change that involves redistributions both within and across generations in the presence of uninsurable risks.

Fiscal policy effects in a heterogeneous-agent OLG economy with an aging population
Nishiyama, S. 12/2015 In: Journal of Economic Dynamics and Control. 61, p. 114-132. 19 p.
Journal article

Fiscal Policy Effects in a Heterogeneous-Agent OLG Economy with an Aging Population
Nishiyama, S. 2015 Lancaster : Lancaster University, Department of Economics, 47 p.
Working paper

The Joint Labor Supply Decision of Married Couples and the Social Security Pension System
Nishiyama, S. 2015 Lancaster : Lancaster University, Department of Economics, 51 p.
Working paper

Financing old age dependency
Nishiyama, S., Smetters, K. 08/2014 In: Annual Review of Economics. 6, p. 53-76. 24 p.
Journal article

Analyzing fiscal policies in a heterogeneous-agent overlapping-generations economy
Nishiyama, S., Smetters, K. 02/2014 In: Handbook of Computational Economics. Elsevier p. 117-160. 44 p.
Chapter (peer-reviewed)

The budgetary and welfare effects of tax-deferred retirement saving accounts
Nishiyama, S. 7/08/2011 In: Journal of Public Economics. 95, 11-12, p. 1561-1578. 18 p.
Journal article

Does social security privatization produce efficiency gains?
Nishiyama, S., Smetters, K. 11/2007 In: The Quarterly Journal of Economics. 122, 4, p. 1677-1719. 43 p.
Journal article

Consumption taxes and economic efficiency with idiosyncratic wage shocks
Nishiyama, S., Smetters, K. 10/2005 In: Journal of Political Economy. 113, 5, p. 1088-1115. 28 p.
Journal article

Bequests, inter vivos transfers, and wealth distribution
Nishiyama, S. 10/2002 In: Review of Economic Dynamics. 5, 4, p. 892-931. 40 p.
Journal article