Research

Published and Forthcoming Papers

The effects of threshold policies on individual effort in uncertain outcomes, Economics Letters (Forthcoming)
Capital Budgeting, Uncertainty, and Misallocation, with Ben Charoenwong, Alan Kwan, and Eugene Tan, Journal of Financial Economics Vol. 153, March 2024. Link: Elsevier
Aggregate Implications of Lumpy Investment under Heterogeneity and Uncertainty: A Model of Collective Behavior, with Yoshiyuki Arata and Hiroki Murakami. Evolutionary and Institutional Economics Review, 2017, Vol. 14(2), pp. 311-333. Link: Springer

How Does Managerial Perception of Uncertainty Affect Corporate Investment: Text Mining Approach with Ying Chen and Kotaro Inoue (R&R)
Selection and Effects of Environmental and Social Engagements by Institutaional Investors with Lin Kexin and Kotaro Inoue
- RIETI Discussion Paper/SSRN
Corporate Networks, Co-patenting, and Technological Innovation
The motivation of corporate focus and deversification: An empirical analysis with Satoshi Takeda and Kotaro Inoue
COVID19と機関投資家のES投資 with 山田拓弥・中田和秀・井上光太郎 (R&R)
Government Debt Maturity in Japan: 1965 to the Present with Junko Koeda
- Latest version: SSRN, previous version: WINPEC Working Paper
Managing Expectations and Corporate Financial Policy with Ben Charoenwong and Alan Kwan (R&R Review of Finance)

"Green Transformation Technology" Link: RIETI Discussion Papers
「企業の情報開示と株式の市場流動性」証券アナリストジャーナル Vol.60, No. 10, Oct. 2022（共著：田中研人・中田和秀・井上光太郎）
"Heterogeneous Investor Behavior and Stock Market Volatility in the Tokyo Stock Exchange" Link: RIETI Discussion Papers

「キャッシュレスの普及に関する考察」財務省財務総合政策研究所（編）『キャッシュレス・イノベーション―決済手段の進化と海外事情』第５章、pp.153-170、きんざい.
「特許から見るイノベーションと産業構造の変化」大橋弘・財務省財務総合政策研究所（編）『イノベーションの研究―生産性向上の本質とは何か』第７章、pp.203-225、きんざい.