IMF RESEARCHER

Email: mhakamada@imf.org

Education:

Ph.D. in Economics, University of California, Santa Cruz

M.A. in Economics, Waseda University, Japan

B.A. Law, Keio University, Japan

Referee Activities:

Journal of Banking and Finance, Economic Modelling, Economics Journal

Current Position:

Economist (Economist Program), Western Hemisphere Department

Field of Expertise:

Economic Modeling

Macro-Financial Issues

Monetary Policy

IMF Books and Working Papers:

Inflation and Bank Profits: Monetary Policy Trade-offs , Staff Discussion Notes No. 2025/001 , February 13, 2025

Other Published Materials

Financial Crises, Investment Slumps, and Slow Recoveries, Working Paper No. 2021/170 , Jun 25, 2021

The Consequences of Falling Behind the Curve: Inflation Shocks and Policy Delays Under Rational and Behavioral Expectations (with Carl Walsh), IMF Working Paper (WP/24/42)

Inflation and Bank Profits: Monetary Policy Trade-offs (with Katharina Bergant, Divya Kirti and Rui Mano), IMF Staff Discussion Notes No. 2025/001

Rising Rates May Trigger Financial Instability, Complicating Fight Against Inflation (IMF Blog 02/13/2025)

Email: mhakamada@imf.org

Education:

Ph.D. in Economics, University of California, Santa Cruz

M.A. in Economics, Waseda University, Japan

B.A. Law, Keio University, Japan

Referee Activities:

Journal of Banking and Finance, Economic Modelling, Economics Journal

Current Position:

Economist (Economist Program), Western Hemisphere Department

Field of Expertise:

Economic Modeling

Macro-Financial Issues

Monetary Policy

IMF Books and Working Papers:

Inflation and Bank Profits: Monetary Policy Trade-offs , Staff Discussion Notes No. 2025/001 , February 13, 2025

Other Published Materials

Financial Crises, Investment Slumps, and Slow Recoveries, Working Paper No. 2021/170 , Jun 25, 2021

The Consequences of Falling Behind the Curve: Inflation Shocks and Policy Delays Under Rational and Behavioral Expectations (with Carl Walsh), IMF Working Paper (WP/24/42)

Inflation and Bank Profits: Monetary Policy Trade-offs (with Katharina Bergant, Divya Kirti and Rui Mano), IMF Staff Discussion Notes No. 2025/001

Rising Rates May Trigger Financial Instability, Complicating Fight Against Inflation (IMF Blog 02/13/2025)