Nobuhiro Kiyotaki
In 2010 Nobuhiro Kiyotaki was named a Thomson Reuters Citation Laureate in Economics for formulation of the Kiyotaki-Moore model, which describes how small shocks to an economy may lead to a cycle of lower output resulting from a decline in collateral values that creates a restrictive credit environment. Below are more details.
- Role: Professor of Economics, Department of Economics, Princeton University, Princeton NJ USA