Tsutomu Miyagawa is a Dean and a Professor at the Faculty of Economics, Gakushuin University and a Faculty Fellow at the Research Institute of Economy, Trade and Industry (RIETI). Prior to his current position, he was Vice President, Gakushuin University (2009-2011); Visiting Researcher, Centre for Economic Performance, London School of Economics (2006); Visiting Professor (2001-2003) and Visiting Lecturer (2000), Economic Research Institute, Hitotsubashi University; Professor, Faculty of