Alexis Akira Toda

Mathematical economist at Emory University

I work in macro-finance and mathematical economics, with particular interests in asset price bubbles, computational economics, and power laws.

Research areas

Macro-finance

Asset prices, wealth distributions, financial markets, and economic growth.

Mathematical economics

General equilibrium, dynamic programming, and the mathematical foundations of economic theory.

Asset price bubbles

The conditions under which bubbles arise, persist, and affect economic growth.

Computational economics

Numerical methods for solving and estimating economic models.

Power laws

Pareto distributions, tail behavior, and applications to income and wealth inequality.

My work spans economics, mathematics, physics, and medicine. The Publications page contains the complete list; papers I consider especially representative are marked with 👍.

Professional roles

About

Alexis Akira Toda (pronounced Alexy Akira Toda) was born in Montréal, Canada to a Japanese father and a French-Canadian mother and moved to Japan at the age of four. He received a B.A. in medicine from the University of Tokyo in 2004 and an M.A. in economics in 2008 while practicing anesthesia.

He moved to the United States in 2008 and received a Ph.D. in economics from Yale University in 2013. After eleven years at UC San Diego, he joined Emory University in 2024. He has published more than 50 research articles across economics, mathematics, physics, and medical journals. He is also a medical doctor and anesthesiologist.

Personal

My values

I am a classical liberal and oppose unnecessary government intervention. I find it beautiful when regularity and complexity come together. Some corollaries of this statement are:

  • I like mathematics,
  • I like power law behavior,
  • I like bubbles,
  • My favorite composer is J. S. Bach,
  • My favorite artist is M. C. Escher,
  • I like short, simple papers that are to the point.

I also like programming, chess, and tennis, although I am not particularly good at those activities.

According to WikiTree, I am a distant cousin of Celine Dion, Justin Trudeau, and Taylor Swift.

My Erdős number

My current Erdős number is 3. The collaboration path is:

Paul Erdős Noga Alon Gregory Gutin Alexis Akira Toda

You can use the zbMATH collaboration-distance tool to explore connections between researchers, although the tool is not perfect.