Sohei Kaihatsu

• “Phillips Correlation and Price-Change Distributions under Declining Trend Inflation,” (with Mitsuru Katagiri and Noriyuki Shiraki), Journal of Money, Credit and Banking, Vol. 55(5), pages 1271-1305, 2023.

Working Paper version is here (Bank of Japan Working Paper Series No. 17-E-5, 2017).

• “Interaction between Business Cycles and Economic Growth,” (with Maiko Koga, Tomoya Sakata, and Naoko Hara), Monetary and Economic Studies, Vol. 37, pages 99-126, 2019.

• “Productivity improvement and economic growth: lessons from Japan,” (with Koji Nakamura and Tomoyuki Yagi), Economic Analysis and Policy, Vol. 62(C), pages 57-79, 2019.

Working Paper version is here (Bank of Japan Working Paper Series No. 18-E-10, 2018).

• “Has Trend Inflation Shifted?: An Empirical Analysis with an Equally-Spaced Regime-Switching Model,” (with Jouchi Nakajima), Economic Analysis and Policy, Vol. 59(C), pages 69-83, 2018.

Working Paper version is here (Bank of Japan Working Paper Series No. 15-E-3, 2018).

• “Monetary Policy and Asset Price Booms: A Step Towards a Synthesis,” (with Hiroshi Fujiki, Takaaki Kurebayashi, and Takushi Kurozumi), International Finance, Vol. 19(1), pages 23-41, 2016.

• “Sources of Business Fluctuations: Financial or Technology Shocks?,” (with Takushi Kurozumi), Review of Economic Dynamics, Vol. 17(2), pages 224-242, 2014.

Working Paper version is here (Bank of Japan Working Paper Series No. 10-E-12, 2012).

• “What caused Japan’s Great Stagnation in the 1990s? Evidence from an estimated DSGE model,” (with Takushi Kurozumi), Journal of the Japanese and International Economies, Vol. 34(C), pages 217-235, 2014.

• “Augmented Taylor Rules – The Lessons Learned from the Recent Global Financial Crisis,” Bank of Japan Review Series, No. 2010-J-6, 2010 (in Japanese).

• “Will Japanese Companies Achieve a Full-Fledged Recovery? – Evaluating the financial improvement of the companies using the estimated equation for forecasting credit ratings –,” Bank of Japan Economic Commentary, 2004.

• The Spring Annual Meeting of Japan Society of Monetary Economics, Tokyo, Japan, May 2017.

• Bank of Italy Workshop on Unconventional Monetary Policy Measures, Rome, Italy, October 2016.

• ESRI International Conference held by the Government of Japan, Tokyo, Japan, March 2016.

• The 9th International Conference on Computational and Financial Econometrics, London, U.K., December 2015.

• Macroeconomics Workshop at the Center for International Research on the Japanese Economy, the University of Tokyo, Tokyo, Japan, December 2012.

• Central Bank Macroeconomic Modeling Workshop, Manila, Philippines, October 2010.