Prior to coming to JEI in 1987, Dr. Ostrom was a staff economist for the State of Maryland, where he focused on efforts to resolve Maryland's savings and loan crisis. He also worked for the U.S. Congress Office of Technology Assessment and has taught economics at several institutions including the Paul H. Nitze School of Advanced International Studies, Williams College and Dartmouth College.
Dr. Ostrom received his Ph.D. in economics from the University of Michigan in 1984, writing his dissertation on Japanese industrial policy. He also received education at the University of Washington, Middlebury College and the Inter-University Center for Japanese Language Studies, then located in Tokyo and now in Yokohama. He lived in Japan in 1974-76, doing research and language study, and again in 1994-95 while continuing to contribute to the publications of the Japan Economic Institute.
Dr. Ostrom is the author of numerous articles in both academic and non-academic publications and has made appearances on several nationally shown television programs to discuss current issues involving the Japanese economy. His weekly articles in JEI publications cover a variety of topics including the macroeconomic situation of Japan, the difficulties facing Japanese financial institutions and the characteristics of Japan's large corporate groups or keiretsu.
Dr. Ostrom also is currently serving as an adjunct Professor of Economics and George Washington University, lecturing to a class on Japan's economy.