I am Ryuichiro Izumi, an Assistant Professor of Economics at Wesleyan University. My research fields are: Banking, Financial Economics, and Macroeconomics.


- New version: Financial Stability with Fire Sale Externalities, with Yang Li

  • Policymakers who aims to mitigate fire sale externalities but lacks commitment could raise fragility and lower welfare unintededly when market liquidity is large. In such a case, policymakers should not be given macroprudential tools to mitigate the externality.


- Visiting Keio University (June - July 2021)

Contact information:

E-mail: rizumi 'at' wesleyan.edu

Address: 238 Church St., Middletown, CT, 06459-0007