Tomohide Mineyama

Contact Information

Senior Economist, International Monetary Fund, Washington, D.C., U.S.  [CV]

E-mail: tomohide.mineyama[at]gmail.com

Education

Ph.D. in Economics, Boston College, 2018

Research Interests

Macroeconomics, Monetary, Macro labor

Selected Working Papers

• "Are We Fragmented Yet? Measuring Geopolitical Fragmentation and its Causal Effects," with Jesús Fernández-Villaverde and Dongho Song, last update: February 2025. [Geopolitical Fragmentation Index website]

• "Cyclicality and Asymmetry of the User Cost of Labor," with Toshitaka Maruyama, online appendix, last update: May 2024. R&R at Quantitative Economics.

Publication

• "Taylor Rule Deviations Across Horizons: A Practical Tool for Monetary Policy," with Masazumi Hattori and Jouchi Nakajima, Journal of Money, Credit and Banking, forthcoming.

• "Welfare Consequences of Approximation: The Case of Monetary Policy Analysis," Computational Economics, 2025, https://doi.org/10.1007/s10614-025-10865-9. [preprint] [online appendix] [replication code]

• "Investigating how inflation expectations affect precautionary wealth," with Kiichi Tokuoka, Japan and the World Economy, 2025, 73, 101295.

• "Does the COVID-19 Pandemic Change Individuals' Risk Preference?," with Kiichi Tokuoka, Journal of Risk and Uncertainty, 2024, 68, pp. 163-182. [preprint]

• "Downward Nominal Wage Rigidity and Determinacy of Equilibrium," Journal of Money, Credit and Banking, 2024, 56(1), pp. 305-316. [preprint] [online appendix]

• "Downward Nominal Wage Rigidity and Inflation Dynamics during and after the Great Recession," Journal of Money, Credit and Banking, 2023, 55(5), pp. 1213-1244. [preprint] [online appendix]

• "Optimal Inflation Rates in a Non-linear New Keynesian Model: The Case of Japan and the U.S.," with Wataru Hirata and Kenji Nishizaki, International Journal of Central Banking, 2022, 18 (3), pp. 1-46. [preprint]

• "Revisiting the Optimal Inflation Rate with Downward Nominal Wage Rigidity: The Role of Heterogeneity," Journal of Economic Dynamics and Control, 2022, 139, 104350. [preprint] [online appendix]

IMF Working Papers

• "Relocation of Global Value Chains: The Role of Mexico," with Francisco Arizala and Hugo Tuesta, IMF Working Paper No. 2025/180.

• "Domestic Market Integration and Regional Growth: The Case of Mexico," with Felipe J. Fonseca, Samir Jahan, Irving Llamosas‐Rosas, Erick Rangel‐Gonzalez, and Hugo Tuesta, IMF Working Paper No. 2025/021.

• "Global Shocks Unfolding: Lessons from Fragile and Conflict-affected States," with Jocelyn Boussard, Chiara Castrovillari, Marta Spinella, and Maxwell Tuuli, IMF Working Paper No. 2024/214.

• "Macroeconomic Shocks and Conflict: Evidence from Commodity Terms-of-Trade Shocks," with Patcharaporn Leepipatpiboon and Chiara Castrovillari, IMF Working Paper No. 2023/068. [updated version]