- Recent working papers
[wp1] "Real-Time Detection of Hidden Fiscal Unsustainability : Lessons from the Eurozone Crisis," Discussion Papers 2024-02, Graduate School of Economics, Hitotsubashi University, last revised: March 2025. (R&R at German Economic Review)
- Refereed / Forthcoming Articles (In English)
[e5] "Sectoral Decomposition of Convergence in Labor Productivity: A Re-examination from a New Dataset,"(with Alistair Dieppe),
Empirical Economics, vol. 68, pp. 1829–1859, April 2025.
Working paper versions: [BOFIT(The Bank of Finland Institute for Emerging Economies ) DP] [World Bank WP]
[World Bank Blogs] "How important is sectoral reallocation for catch-up in productivity?"
[Slide for 7th KLEMS conference]
[Dataset(Excel, Stata)] World Bank Data Catalog
Media coverage: [The Economist, January 2020]
（日本語による研究分野の解説）
「グローバルな労働生産性格差――コンバージェンスと産業構造の変化の役割」宮川努編「日本経済の未来と生産性-豊かさの基盤としての資本と技術力」2025年7月 東京大学出版会
「グローバルな労働生産性格差に関する研究～SDGs目標達成には何が必要か？～」シリーズ「豊かさの基盤としての生産性を考える」第8回 2024年10-11月号、日本経済研究所
World Bank Policy paper
"Sectoral Sources of Productivity Growth" (with Alistair Dieppe), Chapter 7 in "Global Productivity," World Bank Publications - Books, The World Bank Group, number 34015, December.
[e4] "Debt Intolerance: Threshold level and composition,"
Oxford Bulletin of Economics and Statistics. vol. 84, pp.894-932, August 2022.
Replication files: [MATLAB code ]
Working paper versions: [World Bank WP ] [TCER WP ] [University of Tokyo WP]
（日本語による研究の紹介）Media coverage: [NIKKEI, July 2020] [NIKKEI, December 2021] (in Japanese)
[e3] "Inflation and public debt reversals in advanced economies," (with Ichiro Fukunaga and Takuji Komatsuzaki),
Contemporary Economic Policy. vol. 40, pp. 124-137, January 2022.
Working paper versions: [IMF WP] [World Bank WP]
(Cited by Ben Broadbent (2020)@ the 2020 Annual Meeting of the Central Bank Research Association.)
[e2] "How important are spillovers from major emerging markets?," (with Raju Huidrom, Ayhan Kose and Franziska Ohnsorge),
International Finance. vol. 23, pp. 47-63, March 2020.
[e1] "Fiscal limits and sovereign default risk in Japan,"
Journal of the Japanese and International Economies. vol. 38, pp. 13-30, December 2015. DOI: 10.1016/j.jjie.2015.05.003
- Refereed / Forthcoming Articles (In Japanese)
[j2] "The Impact of Daily International Securities Transactions on the USD/JPY Exchange Rate,"(with Atsushi Kawamoto, Nanako Ito, and Naruhiko Fukumuro) The Economic Review, Edited by Institute of Economic Research, Hitotsubashi University, accepted (in Japanese).
「対外対内証券投資の日次フローがドル／円レートに与える影響」（川本 敦、伊藤 菜々子、福室 成彦との共著）『経済研究』、一橋大学経済研究所、採択。（WP version『財務総研リサーチ・ペーパー』2025年6月／25-RP-01）
[j1] "The budget for tax revenue and the government economic forecast in Japan,"
Public Finance Studies, vol. 5, pp. 173-183, October 2009, the Japan Institute of Public Finance (in Japanese).
「政府経済見通しと税収予算－不確実性が強まる所得税収見通し」『財政研究』第5巻 pp.173-183、日本財政学会叢書、有斐閣、2009年10月。
Contemporary Economic Policy (1), Economic Modelling (3), South African Journal of Economics (2), 『日本経済研究』(2)
- World Bank official publications
Global Economic Prospects, January 2021
Global Economic Prospects, June 2020
Global Economic Prospects, January 2020: Slow Growth, Policy Challenges
Global Economic Prospects, January 2018: Broad-Based Upturn, but for How Long?
Global Economic Prospects, June 2017: A Fragile Recovery
Global Economic Prospects, January 2017: Weak investment in uncertain time
[wb2] "Sectoral Sources of Productivity Growth" (with Alistair Dieppe), Chapter 7 in "Global Productivity," World Bank Publications - Books, The World Bank Group, number 34015, December.
[World Bank Blogs] "How important is sectoral reallocation for catch-up in productivity?"
[Slide for 7th KLEMS conference]
[Dataset(Excel, Stata)] World Bank Data Catalog
Media coverage: [The Economist, January 2020]
（日本語による研究分野の解説）「グローバルな労働生産性格差に関する研究～SDGs目標達成には何が必要か？～」シリーズ「豊かさの基盤としての生産性を考える」第8回 2024年10-11月号、日本経済研究所
[wb1] "Inflation Expectations: Review and Evidence" (with Ayhan Kose, Ugo Panizza, and Dana Vorisek), Chapter 4 in "Inflation in Emerging and Developing Economies," World Bank Publications - Books, The World Bank Group, number 30657, December.
Upcoming events
Past events
2026 The Spring Meeting of Japanese Economic Association, as a discussant (Osaka, Japan)
2025 8th World KLEMS conference, as a discussant (Tokyo, Japan)
2024 The Tokyo Foundation for Policy Research (Tokyo, Japan), The 81st Congress of Japan Institute of Public Finance, as a discussant (Tokyo, Japan), The 17th Trilateral Workshop of KIEP-PRI-CASS
2023 Econometrics Workshop@Keio University (Tokyo, Japan), Society for Nonlinear Dynamics and Econometrics (Workshop for Young Researchers, Virtual workshop)
2022 7th World KLEMS conference (Manchester, UK), Hosei University (Tokyo, Japan/Virtual)
2021 Delhi Winter School Organized by Centre for Development Economics Delhi School of Economics and The Econometric Society (New Delhi, India/Virtual)
2019 Macroeconomics Conference (Osaka, Japan), Dynamic Econometrics Conference (Washington D.C., USA), University of Tsukuba (Ibaraki, Japan)
2018 Nonlinear Models in Macroeconomics and Finance for an Unstable World at Norges Bank (Oslo, Norway), Waseda University (Tokyo, Japan), Midwest Econometrics Group Conference (Wisconsin–Madison, USA)
2017 Georgetown Center for Economic Research Biennial Conference (Washington D.C., USA), Annual conference of the International Association for Applied Econometrics (Sapporo, Japan)
2015 DSGE workshop/Macroeconomics and Econophysics Workshop (Tokyo, Japan) , Kobe University (Hyogo, Japan), Financial Services Agency Japan (Tokyo, Japan), Ministry of Finance Japan (Tokyo, Japan)
2011 The 68th Congress of Japan Institute of Public Finance (Tokyo, Japan), Macro Model Workshop at Japan Center for Economic Research (Tokyo, Japan)
2009 The 4th Congress of Japan Health Economics Association (Tokyo, Japan)
2008 The 65th Congress of Japan Institute of Public Finance (Kyoto, Japan)