Next-Generation of Empirical Research in Economics

Keijiro Otsuka is a professor of development economics at the Graduate School of Economics, Kobe University and a chief senior researcher at the Institute of Developing Economies in Chiba, Japan since 2016. He received a Ph.D. in economics from the University of Chicago in 1979. He majors in Green Revolution, land tenure and land tenancy, natural resource management, poverty reduction, and industrial development in Asia and Sub-Saharan Africa. Takashi Kurosaki is a professor at the Institute of Economic Research, Hitotsubashi University, Tokyo, Japan. He holds a Ph.D. in Food Research, Stanford University (1995). His research has covered topics such as development microeconomics, household models, and poverty analysis, with a regional focus on South Asia. Yasuyuki Sawada is a professor at Graduate School of Economics, University of Tokyo and the director of the Center for Research and Education in Program Evaluation (CREPE). From 2017 to 2021, he served as the Chief Economist and Director General (ERCD) of Asian Development Bank. He earned a Ph.D. in economics from Stanford University in 1999. He　specializes in the economics of disasters, field studies, and policy experiments. Tetsushi Sonobe is the dean and CEO of the Asian Development Bank Institute. He was the chair of Think7 Japan 2023 and a vice president and a professor at the National Graduate Institute for Policy Studies. He received a Ph.D. in economics from Yale University in 1992. He is interested in research on industrial development, food, and climate action in Africa, Asia and the Pacific.

• Introduction.- Intergenerational Transformation of Empirical Research in Economics.- Implementing Empirical Economics into Policymaking.- Challenges in Empirical Research in Economics: The Way Forward.- The Next Generation of Empirical Labor Economics.- Past and Future of Empirical Development Economics.- Empirical Analysis in the Economics of International Trade: Recent Progress and Challenges.- From Behavioral Economics to Behavioral Science.- "Swallowed" Economic History: The Significance of Economic History Research in Economics.- Difficulties in Conducting Empirical Research in Macroeconomics: Evaluating Policies for Economic Growth.-  Conclusion.