〇Business cycle co-movement and stock market risk premiums over 145 years (April, 2025)
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)
〇Good carry trades and market dynamics（Yasuhiro Iwanaga）(July, 2025)