Professor
Institute of Economic Research
Hitotsubashi University
2-1 Naka, Kunitachi, Tokyo, 186-8603 Japan
Bubble Expectations and Economic Growth in Japan, with Satoshi Tsuchida, and Yohei Yamamoto, The Economic Review, Vol. 75, No. 1, 2024 (in Japanese).
Bubbles, Crashes, and Economic Growth: Theory and Evidence , with P. Guerron-Quintana and T. Hirano, American Economic Journal: Macroeconomics, VOL. 15, NO. 2, APRIL 2023 (pp. 333-71).
This paper was featured in the Research Highlights of the American Economic Association.
Shisan Kakaku Baburu Ni Kansuru Makuro Keizaigakuteki Bunseki To Seisakuteki Gan-i , Financial Review. 150, 2022, 76-92 (in Japanese).
On Liquidity Shocks and Asset Prices , with Pablo Guerron-Quintana, Journal of Money, Credit and Banking, 54, 2022, 2519-2546
Household Inflation Expectation and Consumption: Evidence from Japan with T., Mikami, T., Okuda, J. Nakajima , Economic Review, 72, 2021, 268-295
Financial Frictions, Trends, and the Great Recession , with Pablo Guerron-Quintana, Quantitative Economics, 10, 2019, 735-777
Connecting Business Cycle Research and Endogenous Growth Research , Economic Review, 68, 2017, 289-302 (in Japanese)
Innovation, Product Cycle, and Asset Prices , Review of Economic Dynamics, 18, 2015, 484-504
R&D Shocks and News Shocks , Journal of Money, Credit and Banking, 46, 2014, 1457-1478
News Shocks and Inflation , Economics Letters, 119, 2013, 176-179
Optimal Inattentive Length in Macroeconomic Models , Economics Letters, 95, 2007, 174-179
Understanding the Japanese Land Price Bubble: A Necessity Approach
Bubbles and Economic Fluctuations (with Pablo Guerron and Yohei Yamamoto)
Leverage, Endogenous Unbalanced Growth, and Asset Price Bubbles(with Tomohiro Hirano and Alexis Akira Toda)