Sohei Kaihatsu

• “Phillips Correlation and Price-Change Distributions under Declining Trend Inflation,” (with Mitsuru Katagiri and Noriyuki Shiraki), Journal of Money, Credit and Banking, Forthcoming.

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.