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    （Last updated : 2026-01-12 22:28:02）
  WATANABE Shotaro
   Department   Ritsumeikan Asia Pacific University College of International Management
   Position   Assistant Professor
■ Education
1. 2018/09～2023/10 〔Doctorial Course〕 Real Estate and Planning, Henley Bussiness School, Univeristy of Reading, Completed, Doctor of Philosophy
2. 2016/09～2017/09 〔Master Course〕 Real Estate, School of Social and Political Sciences, University of Glasgow, Completed, Master of Science
3. 2010/04～2012/03 Public Policy-Economic Policy Program, Graduate School of Public Policy, The University of Tokyo, Completed, Master of Public Policy
4. 2006/04～2010/03 Economics, Faculty of Economics, Keio University, Graduated, Bachelor of Arts
■ Current specialized field
Real Estate, Money and finance (Key Word：Real Estate Finance, Household Finance, Real Estate Economics, Household Economics, Housing Markets, Mortgage Markets, Household Portfolio Choice, Applied Microeconometrics) 
■ Books and theses
1. 2021/09 Article Multi-faceted Values of Property in Real Estate Investment: Investment Value and Intrinsic Value Journal of Property Assessment Policy 22(1) (Single) 
2. 2018/07 Article Empirical Analysis of Demographic Change and Housing Vacancy in Japan The Quarterly Journal of Housing and Land Economics (109),pp.28-35 (Single) 
■ Academic or professional association memberships
1. The American Real Estate and Urban Economics Association (AREUEA)
2. The Applied Regional Science Conference (ARSC)
3. The European Real Estate Society (ERES)
■ Conference presentations
1. 2025/07 Google Search and the Exercise of Strategic Default on Mortgages (2025 AREUEA International Conference)
2. 2025/07 Parental Default Strategies and Their Financial Legacy: Asset Accumulation and Debt Behaviour in the Next Generation (The 2025 AsRES International Real Estate Conference)
3. 2025/03 Mortgage Strategic Default and Household Portfolio Composition (FSU-UF Critical Issues in Real Estate Symposium)
4. 2024/07 Strategic Default, Foreclosure Delay and Post-Default Wealth Accumulation (8th Hospitality Finance Economics Conference)
5. 2024/01 Strategic Default, Foreclosure Delay and Post-Default Wealth Accumulation (The 2024 AREUEA-ASSA Annual Conference)
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■ Research topic, funded research and KAKENHI
1. 2025～2026  Flexible Work Styles and Their Impact on Human Capital Formation and Real Estate Value: An International Comparative Study  (Key Word : ) Link
■ Awards and honors
1. 2021 European Real Estate Society 2021 ERES Award for Best PhD Paper