Please contact urotankecon@gmail.com for the file that requests a password.  

For publication with "Free Access," you can directly download the paper from the page linked to the title.  Otherwise, you can download the latest version of the working paper by clicking "Latest WP."

Books

• "Corporate Finance and Capital Structure: A Theoretical Introduction"
  Routledge, London/New York, 2021. 

Corporate

• "Ownership Networks and Bid Rigging" with B. Charoenwong.
  Presented at ESAM, University of Tokyo, and others. Media (Business Times). 

• "Self-Policing, Indeterminacy, and Minimum Salary"  with T. Inatani.
  Presented at Kyoto University.

• "Debt-equity Conflicts and Efficiency of Distressed Firms: Evidence from Japanese Banker-directors"  with D.B. Choi.
  R&R from Journal of Financial and Quantitative Analysis.

• "Common Lender, Ex-Banker Director, and Corporate Investment" with T. Hoang and T. Yamada.
  Journal of Financial and Quantitative Analysis, 2024.  Free Access. 

• "Regulatory Capture in Public Procurement: Evidence from Revolving Door Bureaucrats in Japan" with K. Kawai and J. Nakabayashi.
  Journal of Economic Behavior and Organization, 2021. Latest WP. Media (Nikkei).   

• "Limited Liability and Corporate Efficiency" 
  International Review of Law and Economics, 2020. Latest WP.

Banking

• "Opacity, Signaling, and Bail-ins" with B. Grundy and R. Izumi.
  Presented at AEA, University of Sydney, and others.

• "Bank Lobbying as a Financial Safety Net: Evidence from the Post-crisis U.S. Banking Sector" 　
  Review of Corporate Finance Studies, 2024. Latest WP.

• "Is Capping Executive Bonuses Useful?"
  IMF Working Paper, No. 16/196, 2016. Free Access.

• "Global Financial Stability Report: The Role of Governance and Executive Pay" with L. B. Marques, E. Oppers, I. A. Ribeiro, J. Beauchamp, P. Deb, et. al.
  IMF Global Financial Stability Report, Chapter 3, IMF, Washington DC, 2014. Free Access. Media (Financial Times). 

Behavioral

• "Incomplete Information, Self-Confidence, and Positive Sorting"
  Presented at Econometric Society Asian Meeting. 

• "Trading Experience Modulates Anterior Insula to Reduce the Endowment Effect" with S. Ertac, A. Hortaçsu, J. List, H. Nusbaum, L. Tong, and K. Ye.
  Proceedings of the National Academy of Sciences, 2016. Free Access. Media (University of Chicago News). 

Works in progress

• "Group Decision under Ambiguity" with S. Grant, Y. Shou, and G. Pan.

• "The Empirical Study of a Bank’s Private Information" with D.B. Choi and M. Crosignani