Research

Articles in Refereed Journals and Books

1. Murakami, H., 2024. Product life cycles, product innovation and firm growth. Annals of Operations Research 337, 873-890.

2. Murakami, H., 2023. On growth cycles in a stochastic post-Keynesian model. Communications in Nonlinear Science and Numerical Simulation 118, 106995.

3. Murakami, H., 2022. Keynesian and classical theories: static and dynamic perspectives. Evolutionary and Institutional Economics Review 19, 343-367 (invited).

4. Murakami, H., 2022. The unique limit cycle in post Keynesian theory. Chaos, Solitons and Fractals 154, 111597.

5. Murakami, H., Zimka, R., 2021. On dynamics in a medium-term Keynesian model. Discrete and Continuous Dynamical Systems B 26 (11), 5925-5940.

6. Murakami, H., 2021. Corrigendum to "Existence and uniqueness of growth cycles in post Keynesian systems". Economic Modelling 100, 105506.

7. Murakami, H., Sasaki, H., 2020. Economic development with accumulation of public capital: The crucial role of wage flexibility on business cycles. Economic Modelling 93, 299-309.

8. Murakami, H., 2020. Monetary policy in the unique growth cycle of post Keynesian systems. Structural Change and Economic Dynamics 52, 39-49.

9. Murakami, H., Zimka, R., 2020. On dynamics in a two-sector Keynesian model of business cycles. Chaos, Solitons and Fractals 130, 109419.

10. Murakami, H., 2019. A note on the "unique" business cycle in the Keynesian theory. Metroeconomica 70 (3), 384-404.

11. Murakami, H., 2018. Existence and uniqueness of growth cycles in post Keynesian systems. Economic Modelling 75, 293-304.

12. Murakami, H., Asada, T., 2018. Inflation-deflation expectations and economic stability in a Kaleckian system. Journal of Economic Dynamics and Control 92, 183-201.

13. Murakami, H., 2018. A two-sector Keynesian model of business cycles. Metroeconomica 69 (2), 444-472.

14. Arata, Y., Kimura, Y., Murakami, H., 2017. Aggregate implications of lumpy investment under heterogeneity and uncertainty: a model of collective behavior. Evolutionary and Institutional Economics Review 14 (2), 311-333.

15. Murakami, H., 2017. Economic growth with demand saturation and "endogenous" demand creation. Metroeconomica 68 (4), 966-985.

16. Murakami, H., 2017. Time elements and oscillatory fluctuations in the Keynesian macroeconomic system. Studies in Nonlinear Dynamics and Econometrics 21 (2), 1-22.

17. Murakami, H., 2016. Alternative monetary policies and economic stability in a medium-term Keynesian model. Evolutionary and Institutional Economics Review 13 (2), 323-362.

18. Murakami, H., 2016. A non-Walrasian microeconomic foundation of the "profit principle" of investment. In: Matsumoto, A., Szidarovszky, F., Asada, T., (Eds.), Essays in Economic Dynamics: Theory, Simulation Analysis, and Methodological Study. Springer, Singapore, pp. 123-141.

19. Murakami, H., 2015. Wage flexibility and economic stability in a non-Walrasian model of economic growth. Structural Change and Economic Dynamics 32, 25-41.

20. Murakami, H., 2014. Keynesian systems with rigidity and flexibility of prices and inflation-deflation expectations. Structural Change and Economic Dynamics 30, 68-85.

Articles in Non-Refereed Journals and Books

1. Murakami, H., 2025. Price flexibility and stability in an open-economy Keynesian model. Journal of Economics (Chuo University), forthcoming.

2. Murakami, H., 2021. Use of differential equations in the theory of business cycles. Journal of Economics (Chuo University) 61 (5-6), 267-289 (in Japanese).

3. Murakami, H., 2020. A note on foundations of macroeconomics. Annual Report of the Institute of Economic Research (Chuo University) 52, 261-283 (in Japanese).

4. Murakami, H., 2018. Determination mechanism of income distribution. Political Economy Quarterly 55 (2), 26-32 (in Japanese, invited).

5. Murakami, H., 2017. Economic Growth with Demand Saturation and Demand Creation. In: Matsumoto, A., (Ed.), New Perspectives of Economic Theory, Applications and Empirical Studies. Chuo University Press, Tokyo, pp. 109-129 (in Japanese).

Work in Progress

1. Murakami, H., 2023. Dynamic general disequilibrium with nominal rigidities.