〇Cross-sectional currency momentum and order flow
（with Shintaro Suda）(April, 2026)
〇Business cycle co-movement and stock market risk premiums over 145 years (May, 2026)
Revise and Resubmit （2nd round）at Journal of International Money and Finance
〇Ambiguity measures of factor returns and business cycles（with Takao Asano and Xiaojing Cai）(November, 2024) (Former title: Time-varying ambiguity shocks and business cycles)
Revise and Resubmit at Journal of Banking and Finance
〇Good carry trades and market dynamics（with Yasuhiro Iwanaga）(November, 2025)
Revise and Resubmit at Journal of International Financial Markets, Institutions and Money
〇Business cycles and factor returns (February, 2026)
〇Intraday time series reversal（with Yasuhiro Iwanaga）(November, 2025)
Revise and Resubmit at North American Journal of Economics and Finance