Details about Ippei Fujiwara

Homepage:	http://sites.google.com/site/ippeifujiwara/
Workplace:	Faculty of Economics, Keio University, (more information at EDIRC)

Access statistics for papers by Ippei Fujiwara.

Last updated 2025-03-14. Update your information in the RePEc Author Service.

Short-id: pfu32

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Working Papers

2024

1. Connecting Exchange Rates to Fundamentals Under Indeterminacy
   Keio-IES Discussion Paper Series, Institute for Economics Studies, Keio University
2. Re-Examining What We Can Learn About Counterfactual Results from Time Series Regression
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University

2023

3. Automation and the Disappearance of Routine Work in Japan
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)

2022

4. A Technology-Gap Model of 'Premature' Deindustrialization
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
   Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2022) View citations (7)
   See also Journal Article A Technology-Gap Model of 'Premature' Deindustrialization, American Economic Review, American Economic Association (2024) View citations (1) (2024)
5. Competition and the Phillips Curve
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2021

6. Aging and the Real Interest Rate in Japan: A Labor Market Channel
   Working Papers, Federal Reserve Bank of Philadelphia View citations (4)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
   See also Journal Article Aging and the real interest rate in Japan: A labor market channel, Journal of the Japanese and International Economies, Elsevier (2023) View citations (2) (2023)
7. Exchange Rate Disconnect and the General Equilibrium Puzzle
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021)
8. Measuring Robot Quality: Has Quality Improvement Slowed Down?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
9. Online Appendix to "The Delphic forward guidance puzzle in New Keynesian models"
   Online Appendices, Review of Economic Dynamics
   See also Journal Article The Delphic forward guidance puzzle in New Keynesian models, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2022) View citations (1) (2022)
10. Robot Penetration and Task Changes
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
11. The Delphic forward guidance puzzle in New Keynesian models
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article The Delphic forward guidance puzzle in New Keynesian models, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2022) View citations (1) (2022)

2019

12. Foreign Exchange Reserves as a Tool for Capital Account Management
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (1)
    Also in Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics (2019) View citations (3)
    See also Journal Article Foreign exchange reserves as a tool for capital account management, Journal of Monetary Economics, Elsevier (2021) View citations (14) (2021)
13. Generational War on Inflation: Optimal Inflation Rates for the Young and the Old
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (3)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2019) View citations (3)
14. Private news and monetary policy - Forward guidance as Bayesian persuasion
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (4)

2018

15. Dealing with Time-Inconsistency: Inflation Targeting vs. Exchange Rate Targeting
    Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017)
    2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (1)
16. Fiscal Forward Guidance:A Case for Selective Transparency
    CEI Working Paper Series, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2017) View citations (2)
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2017) View citations (5)
    See also Journal Article Fiscal forward guidance: A case for selective transparency, Journal of Monetary Economics, Elsevier (2020) View citations (8) (2020)

2017

17. The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas
    Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2015) View citations (2)
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2015) View citations (2)
    Working Papers, Business School - Economics, University of Glasgow (2015) View citations (2)
    UTokyo Price Project Working Paper Series, University of Tokyo, Graduate School of Economics (2015) View citations (2)
    See also Journal Article The optimal degree of monetary-discretion in a New Keynesian model with private information, Theoretical Economics, Econometric Society (2018) View citations (11) (2018)

2016

18. A note on imperfect credibility
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (11)
19. DECLINING TRENDS IN THE REAL INTEREST RATE AND INFLATION: THE ROLE OF AGING
    Working Papers, Federal Reserve Bank of Philadelphia View citations (8)
    Also in Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2015) View citations (4)
20. Optimal monetary policy in open economies revisited
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (5)
    See also Journal Article Optimal monetary policy in open economies revisited, Journal of International Economics, Elsevier (2017) View citations (17) (2017)
21. Private News and Monetary Policy: Forward guidance or the expected virtue of ignorance
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (2)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2015) View citations (2)
22. Sustainable International Monetary Policy Cooperation
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (2)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016) View citations (2)
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2015) View citations (3)
    See also Journal Article Sustainable international monetary policy cooperation, Journal of Economic Dynamics and Control, Elsevier (2019) View citations (3) (2019)

2015

23. Financal frictions and policy cooperation: a case with monopolistic banking and staggered loan contracts
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (3)
    See also Journal Article Financial frictions and policy cooperation: A case with monopolistic banking and staggered loan contracts, Journal of International Economics, Elsevier (2017) View citations (6) (2017)
24. Pegging the exchange rate to gain monetary policy credibility
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (1)
25. Policy Regime Change Against Chronic Deflation?
    Working Papers, HAL View citations (10)
26. Policy regime change against chronic deflation? Policy option under a long-term liquidity trap
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (12)
    Also in AJRC Working Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University (2014) View citations (5)
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2014) View citations (6)
    See also Journal Article Policy regime change against chronic deflation? Policy option under a long-term liquidity trap, Journal of the Japanese and International Economies, Elsevier (2015) View citations (11) (2015)

2014

27. Optimal monetary policy with endogenous entry and product variety
    PSE-Ecole d'économie de Paris (Postprint), HAL View citations (90)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2011) View citations (20)
    Post-Print, HAL (2014) View citations (104)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2014) View citations (93)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (16)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (18)
    See also Journal Article Optimal monetary policy with endogenous entry and product variety, Journal of Monetary Economics, Elsevier (2014) View citations (119) (2014)

2013

28. Asymmetry in Government Bond Returns
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (4)
    Also in AJRC Working Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University (2013) View citations (5)
    See also Journal Article Asymmetry in government bond returns, Journal of Banking & Finance, Elsevier (2013) View citations (4) (2013)
29. Financial Stability in Open Economies
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (6)
    Also in AJRC Working Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University (2013) View citations (5)
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2009) View citations (6)
30. Global liquidity trap
    AJRC Working Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University View citations (24)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2010) View citations (27)
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2010) View citations (14)
    KIER Working Papers, Kyoto University, Institute of Economic Research (2011) View citations (7)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (10)
    See also Journal Article Global liquidity trap, Journal of Monetary Economics, Elsevier (2013) View citations (21) (2013)
31. Monetary Policy Cooperation - Policy Prescriptions from New Open Economy Macroeconomics
    Global COE Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
32. Purchasing Power Parity and the Taylor Rule
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
    Also in AJRC Working Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University (2013)
    See also Journal Article Purchasing Power Parity and the Taylor Rule, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2015) View citations (3) (2015)
33. The global impact of Chinese growth
    Asia Pacific Economic Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University
    Also in Studies in Economics, School of Economics, University of Kent (2011) View citations (2)
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2008) View citations (10)

2012

34. Financial Markets Forecasts Revisited: Are they Rational, Herding or Bold?
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (14)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2012) View citations (2)
35. Indeterminacy and Forecastability
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2011) View citations (2)
    See also Journal Article Indeterminacy and Forecastability, Journal of Money, Credit and Banking, Blackwell Publishing (2014) View citations (9) (2014)
36. The Fiscal Multiplier and Spillover in a Global Liquidity Trap
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (3)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2010) View citations (18)
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2010) View citations (20)
    See also Journal Article The fiscal multiplier and spillover in a global liquidity trap, Journal of Economic Dynamics and Control, Elsevier (2013) View citations (39) (2013)

2011

37. Asian Financial Linkage: Macro-Finance Dissonance
    Bank of Japan Working Paper Series, Bank of Japan View citations (1)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2011) View citations (14)
    See also Journal Article ASIAN FINANCIAL LINKAGE: MACRO‐FINANCE DISSONANCE, Pacific Economic Review, Wiley Blackwell (2012) View citations (14) (2012)
38. How much Asymmetry is there in Bond Returns and Exchange Rates?
    Bank of Japan Working Paper Series, Bank of Japan View citations (1)
    Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2011) View citations (7)

2010

39. Export shocks and the zero bound trap
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (2)
40. Real exchange rate dynamics revisited: a case with financial market imperfections
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (8)
    See also Journal Article Real exchange rate dynamics revisited: A case with financial market imperfections, Journal of International Money and Finance, Elsevier (2011) View citations (7) (2011)

2009

41. Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach
    Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics View citations (44)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2008) View citations (34)
    Levine's Working Paper Archive, David K. Levine (2008) View citations (55)
    See also Journal Article Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach, Journal of Money, Credit and Banking, Blackwell Publishing (2011) View citations (114) (2011)
42. Global Liquidity Trap: A Simple Analytical Investigation
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (2)

2008

43. Frontiers in Monetary Theory and Policy: Summary of the 2008 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan
    See also Journal Article Frontiers in Monetary Theory and Policy: Summary of the 2008 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (2008) (2008)
44. Growth Expectation
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (7)
45. Real Exchange Rate Dynamics under Staggered Loan Contracts
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (1)

2007

46. A Dynamic New Keynesian Life-Cycle Model: Societal Ageing, Demographics and Monetary Policy
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (5)
    See also Journal Article A dynamic new Keynesian life-cycle model: Societal aging, demographics, and monetary policy, Journal of Economic Dynamics and Control, Elsevier (2008) View citations (42) (2008)
47. Dynamic Aspects of Productivity Spillovers, Terms of Trade and The "Home Market Effects"
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan
    See also Journal Article Dynamic Aspects of Productivity Spillovers, Terms of Trade, and the “Home Market Effect”, IMF Staff Papers, Palgrave Macmillan (2009) (2009)
48. Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policy-making under Uncertainty
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (5)
    See also Journal Article Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policymaking under Uncertainty, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (2007) View citations (9) (2007)

2004

49. Evaluating Monetary Policy When Nominal Interest Rates Are Almost Zero
    Econometric Society 2004 Far Eastern Meetings, Econometric Society View citations (11)
    See also Journal Article Evaluating monetary policy when nominal interest rates are almost zero, Journal of the Japanese and International Economies, Elsevier (2006) View citations (64) (2006)
50. The Japanese Economic Model: JEM
    Bank of Japan Working Paper Series, Bank of Japan View citations (5)
    Also in Econometric Society 2004 Far Eastern Meetings, Econometric Society (2004) View citations (5)
    See also Journal Article The Japanese Economic Model (JEM), Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (2005) View citations (22) (2005)

2003

51. Has the effect of monetary policy changedduring 1990s?: An Application of Identified Markov Switching Vector Autoregression to the Impulse Response Analysis When the Nominal Interest Rate is Almost Zero
    Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics View citations (4)
52. Is There a Direct Effect of Money?: Money's Role in an Estimated Monetary Business Cycle Model of the Japanese Economy
    Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics View citations (3)
    See also Journal Article Is there a direct effect of money?: Money's role in an estimated monetary business cycle model of the Japanese economy, Japan and the World Economy, Elsevier (2007) View citations (10) (2007)
53. Output Composition of Monetary Policy Transmission Mechanism in Japan
    Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics View citations (5)
    Also in Bank of Japan Working Paper Series, Bank of Japan (2003) View citations (3)
    See also Journal Article Output Composition of the Monetary Policy Transmission Mechanism in Japan, The B.E. Journal of Macroeconomics, De Gruyter (2004) View citations (10) (2004)

2002

54. A Statistical Forecasting Method for Inflation Forecasting
    Bank of Japan Working Paper Series, Bank of Japan View citations (4)

Journal Articles

2024

1. A Technology-Gap Model of 'Premature' Deindustrialization
   American Economic Review, 2024, 114, (11), 3714-45 View citations (1)
   See also Working Paper A Technology-Gap Model of 'Premature' Deindustrialization, CEPR Discussion Papers (2022) View citations (5) (2022)
2. Automation and disappearing routine occupations in Japan
   Journal of the Japanese and International Economies, 2024, 74, (C)

2023

3. Aging and the real interest rate in Japan: A labor market channel
   Journal of the Japanese and International Economies, 2023, 69, (C) View citations (2)
   See also Working Paper Aging and the Real Interest Rate in Japan: A Labor Market Channel, Working Papers (2021) View citations (4) (2021)

2022

4. The Delphic forward guidance puzzle in New Keynesian models
   Review of Economic Dynamics, 2022, 46, 280-301 View citations (1)
   See also Working Paper Online Appendix to "The Delphic forward guidance puzzle in New Keynesian models", Online Appendices (2021) (2021)
   Working Paper The Delphic forward guidance puzzle in New Keynesian models, CEPR Discussion Papers (2021) (2021)
   Software Item Code and data files for "The Delphic forward guidance puzzle in New Keynesian models", Computer Codes (2021) (2021)

2021

5. Comment on “The Welfare Implications of Massive Money Injection: The Japanese Experience from 2013 to 2020”
   Asian Economic Policy Review, 2021, 16, (2), 243-244 View citations (1)
6. Foreign exchange reserves as a tool for capital account management
   Journal of Monetary Economics, 2021, 117, (C), 473-488 View citations (14)
   See also Working Paper Foreign Exchange Reserves as a Tool for Capital Account Management, Globalization Institute Working Papers (2019) View citations (1) (2019)

2020

7. Fiscal forward guidance: A case for selective transparency
   Journal of Monetary Economics, 2020, 116, (C), 236-248 View citations (8)
   See also Working Paper Fiscal Forward Guidance:A Case for Selective Transparency, CEI Working Paper Series (2018) (2018)

2019

8. Business cycles and indeterminacy in economic models: a special issue in Honor of Professor Kazuo Nishimura
   Studies in Nonlinear Dynamics & Econometrics, 2019, 23, (4), 2
9. On two notions of imperfect credibility in optimal monetary policies
   Economics Letters, 2019, 174, (C), 22-25 View citations (8)
10. Sustainable international monetary policy cooperation
    Journal of Economic Dynamics and Control, 2019, 106, (C), - View citations (3)
    See also Working Paper Sustainable International Monetary Policy Cooperation, IMES Discussion Paper Series (2016) View citations (2) (2016)

2018

11. Comment on “Why Has Japan Failed to Escape from Deflation?â€
    Asian Economic Policy Review, 2018, 13, (1), 42-43 View citations (1)
12. Dealing with Time Inconsistency: Inflation Targeting versus Exchange Rate Targeting
    Journal of Money, Credit and Banking, 2018, 50, (7), 1369-1399 View citations (7)
13. The optimal degree of monetary-discretion in a New Keynesian model with private information
    Theoretical Economics, 2018, 13, (3) View citations (11)
    See also Working Paper The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information, Globalization Institute Working Papers (2017) (2017)

2017

14. Financial frictions and policy cooperation: A case with monopolistic banking and staggered loan contracts
    Journal of International Economics, 2017, 104, (C), 19-43 View citations (6)
    See also Working Paper Financal frictions and policy cooperation: a case with monopolistic banking and staggered loan contracts, Globalization Institute Working Papers (2015) View citations (3) (2015)
15. Optimal monetary policy in open economies revisited
    Journal of International Economics, 2017, 108, (C), 300-314 View citations (17)
    See also Working Paper Optimal monetary policy in open economies revisited, Globalization Institute Working Papers (2016) View citations (5) (2016)

2015

16. Policy regime change against chronic deflation? Policy option under a long-term liquidity trap
    Journal of the Japanese and International Economies, 2015, 37, (C), 59-81 View citations (11)
    See also Working Paper Policy regime change against chronic deflation? Policy option under a long-term liquidity trap, Globalization Institute Working Papers (2015) View citations (12) (2015)
17. Purchasing Power Parity and the Taylor Rule
    Journal of Applied Econometrics, 2015, 30, (6), 874-903 View citations (3)
    See also Working Paper Purchasing Power Parity and the Taylor Rule, CAMA Working Papers (2013) (2013)

2014

18. Indeterminacy and Forecastability
    Journal of Money, Credit and Banking, 2014, 46, (1), 243-251 View citations (9)
    See also Working Paper Indeterminacy and Forecastability, CAMA Working Papers (2012) (2012)
19. Optimal monetary policy with endogenous entry and product variety
    Journal of Monetary Economics, 2014, 64, (C), 1-20 View citations (119)
    See also Working Paper Optimal monetary policy with endogenous entry and product variety, PSE-Ecole d'économie de Paris (Postprint) (2014) View citations (90) (2014)

2013

20. Asymmetry in government bond returns
    Journal of Banking & Finance, 2013, 37, (8), 3218-3226 View citations (4)
    See also Working Paper Asymmetry in Government Bond Returns, CAMA Working Papers (2013) View citations (4) (2013)
21. Financial markets forecasts revisited: Are they rational, stubborn or jumpy?
    Economics Letters, 2013, 118, (3), 526-530 View citations (14)
22. Global liquidity trap
    Journal of Monetary Economics, 2013, 60, (8), 936-949 View citations (21)
    See also Working Paper Global liquidity trap, AJRC Working Papers (2013) View citations (24) (2013)
23. The fiscal multiplier and spillover in a global liquidity trap
    Journal of Economic Dynamics and Control, 2013, 37, (7), 1264-1283 View citations (39)
    See also Working Paper The Fiscal Multiplier and Spillover in a Global Liquidity Trap, CAMA Working Papers (2012) View citations (3) (2012)

2012

24. ASIAN FINANCIAL LINKAGE: MACRO‐FINANCE DISSONANCE
    Pacific Economic Review, 2012, 17, (1), 136-159 View citations (14)
    See also Working Paper Asian Financial Linkage: Macro-Finance Dissonance, Bank of Japan Working Paper Series (2011) View citations (1) (2011)

2011

25. Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach
    Journal of Money, Credit and Banking, 2011, 43, (1), 1-29 View citations (114)
    Also in Journal of Money, Credit and Banking, 2011, 43, (1), 1-29 (2011) View citations (19)
    See also Working Paper Can News Be a Major Source of Aggregate Fluctuations? A Bayesian DSGE Approach, Vanderbilt University Department of Economics Working Papers (2009) View citations (44) (2009)
26. Dynamic General Equilibrium Model--A Survey with the Application to the Japanese Macroeconomic Date--
    Economic Review, 2011, 62, (1), 66-93
27. Real exchange rate dynamics revisited: A case with financial market imperfections
    Journal of International Money and Finance, 2011, 30, (7), 1562-1589 View citations (7)
    See also Working Paper Real exchange rate dynamics revisited: a case with financial market imperfections, Globalization Institute Working Papers (2010) View citations (8) (2010)

2010

28. A NOTE ON GROWTH EXPECTATION
    Macroeconomic Dynamics, 2010, 14, (2), 242-256 View citations (6)
29. The Zero Lower Bound and Monetary Policy in a Global Economy: A Simple Analytical Investigation
    International Journal of Central Banking, 2010, 6, (1), 103-134 View citations (24)

2009

30. Dynamic Aspects of Productivity Spillovers, Terms of Trade, and the “Home Market Effect”
    IMF Staff Papers, 2009, 56, (4), 958-969
    See also Working Paper Dynamic Aspects of Productivity Spillovers, Terms of Trade and The "Home Market Effects", IMES Discussion Paper Series (2007) (2007)

2008

31. A dynamic new Keynesian life-cycle model: Societal aging, demographics, and monetary policy
    Journal of Economic Dynamics and Control, 2008, 32, (8), 2398-2427 View citations (42)
    See also Working Paper A Dynamic New Keynesian Life-Cycle Model: Societal Ageing, Demographics and Monetary Policy, IMES Discussion Paper Series (2007) View citations (5) (2007)
32. Frontiers in Monetary Theory and Policy: Summary of the 2008 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan
    Monetary and Economic Studies, 2008, 26, 1-24
    See also Working Paper Frontiers in Monetary Theory and Policy: Summary of the 2008 International Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan, IMES Discussion Paper Series (2008) (2008)

2007

33. Is there a direct effect of money?: Money's role in an estimated monetary business cycle model of the Japanese economy
    Japan and the World Economy, 2007, 19, (3), 329-337 View citations (10)
    See also Working Paper Is There a Direct Effect of Money?: Money's Role in an Estimated Monetary Business Cycle Model of the Japanese Economy, Discussion Papers in Economics and Business (2003) View citations (3) (2003)
34. Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policymaking under Uncertainty
    Monetary and Economic Studies, 2007, 25, (2), 89-128 View citations (9)
    See also Working Paper Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policy-making under Uncertainty, IMES Discussion Paper Series (2007) View citations (5) (2007)

2006

35. Effectiveness of state-contingent monetary policy under a liquidity trap
    Journal of the Japanese and International Economies, 2006, 20, (3), 364-379 View citations (2)
36. Evaluating monetary policy when nominal interest rates are almost zero
    Journal of the Japanese and International Economies, 2006, 20, (3), 434-453 View citations (64)
    See also Working Paper Evaluating Monetary Policy When Nominal Interest Rates Are Almost Zero, Econometric Society 2004 Far Eastern Meetings (2004) View citations (11) (2004)
37. Monetary policy at the zero interest bound: A model comparison exercise
    Journal of the Japanese and International Economies, 2006, 20, (3), 305-313 View citations (2)

2005

38. Is the central bank's publication of economic forecasts influential?
    Economics Letters, 2005, 89, (3), 255-261 View citations (78)
39. Monetary Policy in a Liquidity Trap: What Have We Learned, and to What End?
    International Finance, 2005, 8, (3), 471-508 View citations (6)
40. Monetary policy in a life-cycle economy
    Proceedings, 2005 View citations (1)
41. The Japanese Economic Model (JEM)
    Monetary and Economic Studies, 2005, 23, (2), 61-142 View citations (22)
    See also Working Paper The Japanese Economic Model: JEM, Bank of Japan Working Paper Series (2004) View citations (5) (2004)

2004

42. A Statistical Forecasting Method for Inflation Forecasting: Hitting Every Vector Autoregression and Forecasting under Model Uncertainty
    Monetary and Economic Studies, 2004, 22, (1), 123-142 View citations (14)
43. Output Composition of the Monetary Policy Transmission Mechanism in Japan
    The B.E. Journal of Macroeconomics, 2004, 4, (1), 23 View citations (10)
    See also Working Paper Output Composition of Monetary Policy Transmission Mechanism in Japan, Discussion Papers in Economics and Business (2003) View citations (5) (2003)

Chapters

2020

1. Robots and labour: implications for inflation dynamics
   A chapter in Inflation dynamics in Asia and the Pacific, 2020, vol. 111, pp 41-49 View citations (4)

2014

2. Comments on Michael Devereux and James Yetman's paper
   A chapter in Globalisation, inflation and monetary policy in Asia and the Pacific, 2014, vol. 77, pp 119-125

2013

3. Discussion of The Impact of Unconventional Monetary Policy on the Overnight Interbank Market
   A chapter in Liquidity and Funding Markets, 2013

Software Items

2021

1. Code and data files for "The Delphic forward guidance puzzle in New Keynesian models"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article The Delphic forward guidance puzzle in New Keynesian models, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2022) View citations (1) (2022)

2008

2. Expectation Shock Simulation with DYNARE
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles View citations (5)

Editor

1. AJRC Working Papers
   Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University
2. Asia Pacific Economic Papers
   Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University