Publications

• Foreign Reserve Accumulation, Foreign Direct Investment, and Economic Growth
  Review of Economic Dynamics 43, January 2022, 241-262. Working paper version. Bank of Japan IMES Discussion Paper version.

• Productivity and Trade Dynamics in Sudden Stops  (with Felipe Benguria  and Felipe Saffie)
  Journal of International Economics 139, November 2022, 103631. Working paper version.

Working Papers

• Monetary and Macroprudential Policies under Dollar-Denominated Foreign Debt
  Latest draft revised in January 2023. Revision requested.

• Procyclical Leverage and Crisis Probability in a Macroeconomic Model of Bank Runs (with Daisuke Ikeda )
  Bank of Japan IMES Discussion Paper.  Revision requested.

• Foreign Reserves and Capital Controls: A Financial Development Perspective (with Chang Ma)
  Draft in January 2024.
  Presentation scheduled at ES European Meeting in Rotterdam.
  Presented at Midwest Macroeconomics Fall Meeting in Dallas, 24th Macroeconomics Conference in Tokyo, CEBRA annual meeting 2023, SWET 2023, ES NASM at Vanderbilt University, and seminars at Kobe University, Keio University, Tohoku University.

Work in Japanese

• 新興国における外貨準備の蓄積の費用・便益について (Survey on Cost and Benefit of Foreign Reserve Accumulation by Emerging Economies)
  金融研究 第４０巻第３号.

Seminar and Conference Presentations

2024: Econometric Society North American Summer Meeting at Vanderbilt University, Econometric Society European Meeting in Rotterdam (scheduled).

2023: Keio University, Tohoku University, CEBRA annual meeting in New York, SWET.

2022: TWID International Finance Conference, Midwest Macroeconomics Fall Meeting in Dallas, 24th Macroeconomics Conference in Tokyo, Kobe University.

2021: Fudan University, 24th Central Bank Macroeconomic Modelling Workshop, Econometric Society Latin American Meeting.

2020: GRIPS, Waseda University, University of Tokyo, TWID International Finance Conference, SWET, Kansai Macroeconomics Workshop.

2019: Econometric Society North American Winter Meeting in Atlanta, DSGE Conference in Okinawa, Hitotsubashi University, CIGS Conference on Macroeconomic Theory and Policy, JEA Spring Meeting in Tokyo, SED Annual Meeting in St. Louis, 21st Macroeconomics Conference in Osaka.

2018: Bank of Japan, SED Annual Meeting in Mexico City, Bank of Korea.

2017: Economics Graduate Student Conference at Washington University in St. Louis, Midwest Macroeconomics Fall Meeting in Pittsburgh.