Yuzo Kumasaka, President and CEO

Tokyo Institute of Technology, B.A., Industrial Engineering, 1972
University of Pennsylvania, Economics, Ph.D., 1984

ITeconomy Advisors, LLC 2008 - Present
ITeconomy Advisors, Inc. 2000 - 2008
NLI Research Institute, Chief Economist, 1988-2000.
United Nations, Economic Affairs Officer, 1981-1988.
Wharton Econometrics Forecasting Associates, Economist, 1980-1981.
Project LINK staff, 1977-1980.
Japan Economic Journal (Nihon Keizai Shimbun), 1972-1975.

Dr. Yuzo Kumasaka has extensive experience with econometrics. 
He has been constructing econometric models and forecasting the economy since 1973. Dr. Kumasaka has constructed CQMs for the United States, Japan (for Global Security Research Institute at Keio University), Thailand (for National Economic and Social Development Authority), Philippines (for National Economic Development Authority) and Malaysia (for Bank Negara Malaysia). Most noteworthy, since the early 1990s he has forecasted the U.S. economy every week using CQM and has published the weekly U.S. economic outlook report for the current and next quarters based on the CQM forecast (Utilization and Precision of The U.S. CQM.pdf)"ITeconomy."
As a chief director of the project "Accelerating Japan's Economic Growth" commissioned by the Liberal Democratic Party (LDP) Think Tank (Members for Risng Tide Policy.pdf), Dr. Kumasaka proposed a "Rising Tide Policy" to the first Abe Cabinet. By showing empirically that Japan's potential growth is much higher than 3% because of the utilization of IT, the project advised that Japan could achieve a 3%-4% economic growth rate. He also directed the project "The Effect of the IT on the Japanese Industries" for Nihon Keidanren (Japanese Business Federation).
Dr. Kumasaka worked as a project leader for Potential Output for East Asian Countries for 2010-11 at the Economic Research Institute for ASEAN and East Asia.

Board of Directors and Economic Advisors

Prof. Lawrence R. Klein (2000 - 2013)

Benjamin Franklin Professor Emeritus of Economics at Finance, University of Pennsylvania   
A Novel Laureate in Economics in 1980

Prof. Klein is an econometrician and constructed several statistical models of the United States and various other countries. At Pennsylvania he founded Wharton Econometric Forecasting Associates and was a principal investigator of Project LINK which combined models from countries throughout the world for studying international trade, payments, and global economic activity.
He has served as President of many learned societies, edited scholarly journals, and advised governments in matters of economic policy. In 1976 he coordinated Jimmy Carter’s economic task force in a successful campaign for Presidency of the United States.  

Prof. F. Gerard Adams (2000 - 2011)

McDonald Professor, College of Business Administration, at Northeastern University
Professor of Economics and Finance emeritus at the University of Pennsylvani

F.Gerard Adams was one of the founders of the DRI-WEFA Group forecasting firm. He has worked in government at the Council of Economic Advisers in Washington and at the OECD in Paris. His interests range widely from macroeconometrics and forecasting to the econometrics of individual businesses. He has recently developed a number of intructional programs for distance learning dealing particularly with e-business and its connections to the “new economy” in the US and in East Asia.

Prof. Roberto S. Mariano (2000 - present)

Professor Emeritus of Economics and Statistics at the University of Pennsylvania

Roberto S. Mariano received his Ph.D. from Stanford University in 1970. He has been with the faculty of the University of Pennsylvania since 1971. He has authored numerous publications on econometric methodology and applications and has served on the editorial board of several international professional journals in statistics and econometrics. With a focus on econometric modeling for forecasting and policy analysis, he has been a consultant to some international organizations, governments and private companies. His current research activities concern financial markets and economic growth in Asia, simulation-based techniques in econometrics, risk assessment and asset allocation, and econometric models of nonlinear dynamics.

Economic Advisors

Prof. Kanemi Ban (2000 - present)

Professor Emeritus of Economics at Osaka University
Professor of Kochi University of Technology
Ph.D., Economics, Osaka University, 1991
M.A., Economics, Nagoya University, 1974
B.A., Economics, Nagoya University, 1972

Associate Professor, Department of Economics, Osaka University, 1982-1991.
Lecturer, Institute of Socio-Economic Planning, Tsukuba University, 1979-1982.
Lecturer, Institute of Socio-Economic Planning, Tsukuba University, 1979-1982.
Lecturer, Department of Economics, Hiroshima University, 1977-1979.
Assistant, Institute of Economic Research, Kyoto University, 1974-1977.

Prof. Yoshihisa Inada (2000 - present)

Profesor of Economics at Konan University
Kobe University, Ph.D., Economics, 1992
Kobe University, M.A., Economics, 1978
Kobe University, B.A., Economics, 1976

Gifu Research Center for Industry and Economy, 1998-1999.
Visiting Researcher, University of Pennsylvania, 1997 Research Analyst.
Visiting Researcher, Research Institute of EPA, 1995-1998.
Associate Professor, Ritsumeikan University, 1992-1994.
Professor, Konan University, 1995-
Visiting Researcher, The International Center for the Study of East Asian
Development, 1991- .
Kobe-Gakuin University, Associate Professor, 1984.
Visiting Researcher, University of Pennsylvania, 1985-1986.
Kobe-Gakuin University, Lecturer, 1981.