Charles Horioka

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Charles Horioka
Born (1956-09-07) September 7, 1956 (age 63)
NationalityJapanese American
InstitutionAsian Growth Research Institute
FieldEconomics
Alma materHarvard University
Doctoral
advisor
Dale W. Jorgenson
InfluencesMartin Feldstein
ContributionsFeldstein–Horioka puzzle
AwardsNakahara Prize (2001)
Information at IDEAS / RePEc

Charles Yuji Horioka (born September 7, 1956 in Boston, Massachusetts) is a Japanese-American economist. He lives in Japan. Horioka earned his B.A. and Ph.D. degrees from Harvard University. Now he is Research Professor at the Asian Growth Research Institute in Kitakyushu City, Japan. He has taught at Stanford, Columbia, Kyoto, and Osaka Universities. Recently, he was Vea Family Professor of Technology and Evolutionary Economics Centennial at the University of the Philippines, Diliman, from 2013 until 2014. He is also a Research Associate of the National Bureau of Economic Research (NBER). He was Co-Editor of the International Economic Review until 2013.

He mainly studies macroeconomics, household and family economics, the Japanese economy, and other Asian economies. He has written many academic articles about consumption, saving, and bequest behavior and parent-child relations in Japan, the United States, China, India, Korea, and Asia.

He wrote an article with Martin Feldstein called "Domestic Saving and International Capital Flows." Economic Journal published it in 1980. Horioka showed a positive correlation between long-term savings and investment rates across countries. This is called the Feldstein–Horioka puzzle. The article is a reference for many other articles in international finance.

In 2001, Horioka won the Seventh Japanese Economic Association Nakahara Prize.

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