Machiko Narita

Machiko Narita serves as a Senior Economist in the Monetary and Macroprudential Policies Division of the Monetary and Capital Markets Department at the International Monetary Fund, where she brings extensive expertise in monetary policy and financial economics. Her academic credentials include a Ph.D. from the University of Minnesota, completed in 2011, with specialization in macroeconomics and financial economics, particularly focusing on consumption, housing, and business cycles. Her career at the IMF has encompassed various significant roles, including positions in the IMF Institute for Capacity Development and the Western Hemisphere Department, where she served as a country economist. Her research portfolio demonstrates deep expertise in monetary policy transmission, financial stability, household debt, and macroprudential policies, with notable publications examining the effects of macroprudential policies and monetary policy's distributional impacts. As a former Japan-IMF Scholarship recipient and Japanese national, she contributes a valuable international perspective to her work, particularly in analyzing financial vulnerabilities, household indebtedness, and the effectiveness of monetary policy transmission mechanisms. Her contributions to the field continue to shape understanding of monetary and financial policies at the international level.