19) Prices of risk estimation for commodity factors（with Kei Nakagawa）
Journal of Futures Markets, Vol.45(11), 2151-2165. (ABS2024 3)
18) Global foreign exchange volatility, ambiguity, and currency carry trades （with Takao Asano and Xiaojing Cai）
Journal of Banking and Finance, 2025, Vol.178, 107508. (ABS2024 3)
Japan Exchange Group (JPX) Insights
17) Commodity correlation risk (with Joseph P. Byrne)
Journal of Commodity Markets, 2025, Vol. 38, 100473. (ABS2024 3)
16) Conditional currency momentum portfolios （with Yasuhiro Iwanaga）
International Review of Financial Analysis, 2025, Vol. 99, 103964. (ABS2024 3)
15）USD interest rate swaption strategies during the unconventional monetary policy and pandemic eras
(with Hiroaki Shirokawa, Kohei Yamaguchi, and Takahiro Obata)
Journal of Futures Markets, 2025, Vol.45(3), 208-223. (ABS2024 3)
14) Time-varying group common factors in the stock market anomalies
Financial Review, 2025, Vol.60(2), 481-507. (ABS2024 3)
13) Cross-momentum strategies in the equity futures and currency markets （with Yasuhiro Iwanaga)
Journal of International Money and Finance, 2024, Vol.148, 103170. (ABS2021 3)
12) Commodity Sectors and Factor Investment Strategies (with Kei Nakagawa)
International Review of Financial Analysis, 2024, Vol.95, Part C, 103493. (ABS2021 3)
11) Risk price decomposition and the output gap
Financial Review, 2025, Vol.60(1), 121-146. (ABS2021 3)
10) The long-run risk premium in the intertemporal CAPM: International evidence
Journal of International Financial Markets, Institutions and Money, 2023, Vol.89, 101854.
(ABS2021 3)
9) Commodity momentum decomposition (with Yasuhiro Iwanaga)
Journal of Futures Markets, 2023, Vol. 43(2), 198-216. (ABS 2021 3)
８）Dynamic Allocations for Currency Investment Strategies (with Kei Nakagawa)
(Former title: Currency Portfolio Prediction: Asset Allocation Approach)
The European Journal of Finance, 2023, Vol.29(10), 1207-1228. (ABS2021 3)
7) The Time-Varying Risk Price of Currency Portfolios (with Joseph P. Byrne and Boulis Ibrahim)
(Former title: The Time-Varying Risk Price of Currency Carry Portfolios)
Journal of International Money and Finance, 2022, Vol.124, 102636. (ABS2021 3)
6) The Conditional Volatility Premium on Currency Portfolios (with Joseph P. Byrne)
Journal of International Financial Markets, Institutions and Money, 2021, Vol.74, 101415. (ABS2021 3)
5) Multiscale Intertemporal Capital Asset Pricing Model
International Journal of Finance and Economics, 2022, Vol.27(4), 4298-4317. (ABS2021 3)
4) Carry Trades and Commodity Risk Factors (with Joseph P. Byrne and Boulis Ibrahim)
Journal of International Money and Finance, 2019, Vol.96, 121-129. (ABS2018 3)
3) Currency Carry Trades and the Conditional Factor Model
International Review of Financial Analysis, 2019, Vol.63, 198-208. (ABS2018 3)
2) Commodity Price Co-movement: Heterogeneity and the Time Varying Impact of Fundamentals (with Joseph P. Byrne and Bing Xu)
European Review of Agricultural Economics, 2020, Vol.47 (2), 499-528. (ABS2018 3)
1) Common Information in Carry Trade Risk Factors (with Joseph P. Byrne and Boulis Ibrahim)
Journal of International Financial Markets, Institutions and Money, 2018, Vol.52, 37-47. (ABS2018 3)
（with Kei Nakagawa） Finance Research Letters, 2025, Vol.85 Part A, 107800. (SJR2024Q1, ABS2024 2)
13) Stochastic ESG scores and nonpecuniary ESG preferences: An extension to CAPM (with Kei Nakagawa and Keisuke Morita)
Finance Research Letters, 2025, Vol.79, 107179. (SJR2023Q1, ABS2024 2)
12) Currency Portfolios and Global Foreign Exchange Ambiguity（with Takao Asano and Xiaojing Cai）
Finance Research Letters, 2024, Vol.65, 105534. (SJR2023Q1, ABS2021 2)
11)Do commodity factors work as inflation hedges and safe havens? (with Kei Nakagawa)
Finance Research Letters, 2023, Vol. 58, Part D, 104585. (SJR2022Q1, ABS2021 2)
10) Macro Factors in the returns on Cryptocurrencies (with Kei Nakagawa)
Former title: Dose Macroeconomic Factors Influence Cryptocurrencies Return?
Applied Finance Letters, 2023, Vol.11, 146-158. (ABDC 2021 2)
9) Market uncertainty and correlation between Bitcoin and Ether (with Kei Nakagawa)
Finance Research Letters, 2022, Vol.50, 103216. (SJR2021Q1, ABS2021 2)
8) El Niño and commodity prices: New findings from partial wavelet coherence analysis （with Xiaojing Cai）
Frontiers in Environmental Science, 2022, Vol.10, 893879. (SJR2020Q1)
7) COVID-19 and the Forward-Looking Stock-Bond Return Relationship (with Xiaojing Cai and Yingnan Cong)
Applied Economics Letters, 2023, Vol. 30(3), 297-301. (ABS2021 1)
6) Cryptocurrency network factors and gold (with Kei Nakagawa)
(Former title: Cryptocurrency network factors and precious metals)
Finance Research Letters, 2022, Vol. 46, 102375. (SJR2020Q1, ABS2021 2)
5) Direct Estimation of Lead–Lag Relationships Using Multinomial Dynamic Time Warping (with Katsuya Ito)
Asia-Pacific Financial Markets, 2020, Vol.27 (3), 325-342. (ABS2018 2)
2019 JAFEE Best Paper Award for Young Researchers
Economics and Business Letters, 2018, Vol.7 (1), 24-35. (ABS2018 1)
3) Co-movement between Equity and Bond Markets
International Review of Economics and Finance, 2018, Vol.53, 25-38. (SJR2018Q1, ABS2018 2)
2) Do Precious and Industrial Metals Act as Hedges and Safe Havens for Currency Portfolios?
Finance Research Letters, 2018, Vol.24, 256-262. (ABS2018 2)
1) The Nonlinear Dynamic Relationship between Stock Prices and Exchange Rates in Asian Countries
International Journal of Financial Research, 2017, Vol.8 (2), 40-50.