Chicago Booth economist receives award from Japanese government

Order of the Rising Sun, Gold Rays with Neck Ribbon award

In recognition of his distinguished achievements and contributions to Japan, University Chicago Booth School of Business Professor Anil Kashyap has been named recipient of the Order of the Rising Sun, Gold Rays with Neck Ribbon award by the Japanese government.

Conferred on behalf of the Emperor of Japan, the Order of the Rising Sun was established in 1875 by Japanese Emperor Meiji as the first national decoration awarded by the Japanese government. The modern version of this honor has been conferred on non-Japanese recipients since 1981, and is awarded to those who have made significant contributions in the following fields: international relations, promotion of Japanese culture, advancements in their field, development in welfare or preservation of the environment. This year, Kashyap is among 149 foreign recipients.

Kashyap, the Edward Eagle Brown Professor of Economics and Finance at Chicago Booth, has played a vital role in promoting and disseminating high quality research on the Japanese financial system and Japan’s economic policies. He has coordinated conferences which brought together Japanese and American researchers in partnership with the Economic and Social Research Institute (ESRI), the think-tank under the Cabinet Office of Japan.

“It has been an honor and a privilege to work with the Cabinet office on these conferences.  They have generated many good research papers, forged some collaborations and hopefully have helped with the policy process,” Kashyap said.