Monetary economics, Macroeconomics, Macroeconometrics
Economist, International Monetary Fund, Washington, D.C., U.S.
"Revisiting the Optimal Inflation Rate with Downward Nominal Wage Rigidity: The Role of Heterogeneity" (revise and resubmit, Journal of Economic Dynamics and Control)
first draft: March 2018, last update: October 2020.
last update: April 2021.
last update: June 2020.
"Dynamic Priors for VARs," with Dongho Song and Jenny Tang
last update: April 2018, draft upon request.
"Downward Nominal Wage Rigidity and Inflation Dynamics during and after the Great Recession" (accepted, Journal of Money, Credit and Banking)
"Optimal Inflation Rates in a Non-linear New Keynesian Model: The Case of Japan and the U.S.," with Wataru Hirata and Kenji Nishizaki
(accepted, International Journal of Central Banking), working paper version.
Work in Progress
"The User Cost of Labor: New Evidence from Japan"
Other research work at the Bank of Japan
with Wataru Hirata and Toshitaka Maruyama
Bank of Japan Working Paper Series No.20-E-4, July 2020.
with Wataru Hirata and Kenji Nishizaki
Bank of Japan Research Laboratory Series No.19-E-2, July 2019.