- “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.