A book Professor Takatoshi Ito coauthored, Managing Currency Risk: How Japanese Firms Choose Invoicing Currency, received the Nikkei Prize for Excellent Books in Economic Science. The book was coauthored by Takatoshi Ito, Satoshi Koibuchi, Kiyotaka Sato, and Junko Shimizu, and was published in July 2018. The book’s aim is to enhance our understanding of exporters’ behavior in terms of managing currency risk. It contains detailed research and insightful data focusing on Japanese exporters and shows how they face an important trade-off in choosing the invoice currency. Read more about the book on the publisher’s website here. 第62回 日経・経済図書文化賞 受賞の4点決まる(Nikkei, 11/3/2019)
About the Researcher(s)
Takatoshi Ito
Takatoshi Ito is one of Japan premier economists. A professor at the prestigious University of Tokyo, he is the author or co-author of several books on the Japanese and global economy. He served in the Japanese government as Deputy Vice Minister for International Finance in the Ministry of Finance and was a member of Japan’s Council on Economic and Fiscal Policy. He has been a senior advisor in the research department of the International Monetary Fund and has taught at Harvard University and the University of Minnesota.