- “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.
Regularly updated trend inflation data for Japan can be found on my coauthor's page.
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.