Principal-agent problems with hidden savings in continuous time: Validity of the first-order approach. CIRJE-F-1182. December 21, 2021.
Optimal taxation with directed search and moral hazard. October 16, 2019.
Lack of debt restructuring and lender’s credibility: A theory of nonperforming loans. March 2, 2020. (with Keiichiro Kobayashi and Shuhei Takahashi).
On the non-existence of a zero-tax steady state with incomplete asset markets. March 2, 2020. (with Shuhei Takahashi).
A macroeconomic model of liquidity crises. October 11, 2017. (with Keiichiro Kobayashi).
The effectiveness of consumption taxes and transfers as insurance against idiosyncratic risk. January 26, 2017. (with Shuhei Takahashi).