Details about R. Anton Braun

Homepage:	https://sites.google.com/view/rantonbraun/home
Postal address:	GRIPS 7-22-1 Roppongi Minato-ku Tokyo 106-8677 Japan
Workplace:	Canon Institute for Global Studies, (more information at EDIRC) National Graduate Institute for Policy Studies (GRIPS), (more information at EDIRC)

Access statistics for papers by R. Anton Braun.

Last updated 2025-02-15. Update your information in the RePEc Author Service.

Short-id: pbr414

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Working Papers

2025

1. Online Appendix to "Monetary Policy Over the Lifecycle"
   Online Appendices, Review of Economic Dynamics
   See also Journal Article Monetary Policy Over the Lifecycle, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2025) (2025)

2024

2. Reforming the US Long-Term Care Insurance Market
   CIGS Working Paper Series, The Canon Institute for Global Studies
   Also in Working Papers, Federal Reserve Bank of Cleveland (2024)

2022

3. Why Aging Induces Deflation and Secular Stagnation
   IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (2)
   Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2022) View citations (2)

2021

4. Monetary Policy over the Life Cycle
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (1)
   Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2021) View citations (2)
   See also Journal Article Monetary Policy Over the Lifecycle, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2025) (2025)

2017

5. Old, Frail, and Uninsured: Accounting for Puzzles in the U.S. Long-Term Care Insurance Market
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (6)

2016

6. Accounting for Low Take-up Rates and High Rejection Rates in the U.S. Long-Term Care Insurance Market
   2016 Meeting Papers, Society for Economic Dynamics
7. Uninsured risk, stagnation, and fiscal policy
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta

2015

8. Some Unpleasant Properties of Loglinearized Solutions When the Nominal Rate is Zero
   Bank of England working papers, Bank of England View citations (4)
   Also in FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2012) View citations (85)
   See also Journal Article Some unpleasant properties of loglinearized solutions when the nominal rate is zero, Journal of Monetary Economics, Elsevier (2016) View citations (93) (2016)

2014

9. The Implications of a graying japan for government policy
   FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (12)
   See also Journal Article The implications of a graying Japan for government policy, Journal of Economic Dynamics and Control, Elsevier (2015) View citations (64) (2015)

2013

10. Old, sick, alone, and poor: a welfare analysis of old-age social insurance programs
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (22)
    See also Journal Article Old, Sick, Alone, and Poor: A Welfare Analysis of Old-Age Social Insurance Programmes, The Review of Economic Studies, Review of Economic Studies Ltd (2017) View citations (44) (2017)
11. Small and orthodox fiscal multipliers at the zero lower bound
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (29)
12. The joint implications of Medicaid and Social Security for savings and welfare
    2013 Meeting Papers, Society for Economic Dynamics

2012

13. Making the case for a low intertemporal elasticity of substitution
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (6)
    Also in KIER Working Papers, Kyoto University, Institute of Economic Research (2011)
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta (2011)
14. Why Prices Don't Respond Sooner to a Prospective Sovereign Debt Crisis
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (2)
    Also in KIER Working Papers, Kyoto University, Institute of Economic Research (2011) View citations (1)
    See also Journal Article Why Prices Don't Respond Sooner to a Prospective Sovereign Debt Crisis, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2018) (2018)

2011

15. Generalized Look-Ahead Methods for Computing Stationary Densities
    ANU Working Papers in Economics and Econometrics, Australian National University, College of Business and Economics, School of Economics View citations (1)
16. New Keynesian dynamics in a low interest rate environment
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta View citations (33)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2010) View citations (3)
    2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (1)
    See also Journal Article New Keynesian dynamics in a low interest rate environment, Journal of Economic Dynamics and Control, Elsevier (2011) View citations (42) (2011)
17. Uninsured countercyclical risk: an aggregation result and application to optimal monetary policy
    FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta
    Also in CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2010)
    See also Journal Article UNINSURED COUNTERCYCLICAL RISK: AN AGGREGATION RESULT AND APPLICATION TO OPTIMAL MONETARY POLICY, Journal of the European Economic Association, European Economic Association (2012) View citations (18) (2012)

2009

18. Computing Densities and Expectations in Stochastic Recursive Economies: Generalized Look-Ahead Techniques
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
19. Computing Densities in Stochastic Recursive Economies: Generalized Look-Ahead Techniques
    2009 Meeting Papers, Society for Economic Dynamics
20. Computing Densities: A Conditional Monte Carlo Estimator
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2009)
21. Optimal Monetary Policy When Asset Markets are Incomplete
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2009)
22. Pareto Optimal Pro-cyclical Research and Development
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (4)

2008

23. U.S. R&D and Japanese Medium Term Cycles
    Discussion Paper Series, School of Economics, Kwansei Gakuin University View citations (9)
    Also in Bank of Japan Working Paper Series, Bank of Japan (2006) View citations (4)

2007

24. The Saving Rate in Japan: Why It Has Fallen and Why It Will Remain Low
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (9)
    See also Journal Article THE SAVING RATE IN JAPAN: WHY IT HAS FALLEN AND WHY IT WILL REMAIN LOW, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2009) View citations (86) (2009)

2006

25. Banking in General Equilibrium with an Application to Japan
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo View citations (1)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2006) View citations (1)
26. Saving and interest rates in Japan: why they have fallen and why they will remain low
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (6)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (7)
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo (2005) View citations (13)
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2005) View citations (7)
    See also Journal Article Saving and interest rates in Japan: Why they have fallen and why they will remain low, Proceedings, Federal Reserve Bank of San Francisco (2006) View citations (8) (2006)
27. The Welfare Enhancing Effects of a Selfish Government in the Presence of Uninsuarable, Idiosyncratic Risk
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo View citations (5)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2006) View citations (6)
    SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk (2006)

2005

28. A Comparison of the Japanese and U.S. Business Cycles
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
29. Monetary Policy during Japan's Lost Decade
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo View citations (4)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2005) View citations (1)
    See also Journal Article MONETARY POLICY DURING JAPAN'S LOST DECADE*, The Japanese Economic Review, Japanese Economic Association (2006) View citations (42) (2006)

2003

30. Aggregate Risk in Japanese Equity Markets
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
31. Monetary Policy and Economic Activity in Japan and the United States
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (5)
32. Monetary Policy and the Term Structure of Interest Rates in Japan
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (4)
    See also Journal Article Monetary Policy and the Term Structure of Interest Rates in Japan, Journal of Money, Credit and Banking, Blackwell Publishing (2006) View citations (12) (2006)

1998

33. The role of damage-contingent contracts in allocating the risks of natural catastrophes
    Working Papers, Federal Reserve Bank of Minneapolis View citations (2)
34. Transaction services, inflation, and welfare
    Staff Report, Federal Reserve Bank of Minneapolis View citations (61)
    Also in Working Papers, Federal Reserve Bank of Minneapolis (1995) View citations (3)
    See also Journal Article Transaction Services, Inflation, and Welfare, Journal of Political Economy, University of Chicago Press (1998) View citations (78) (1998)

1997

35. Monetary Policy and the Term Structure of Interest Rates
    Working Papers, CEMFI

1996

36. Seasonal Solow residuals and Christmas: a case for labor hoarding and increasing returns
    Working Papers, Federal Reserve Bank of Minneapolis
    Also in Working Paper Series, Macroeconomic Issues, Federal Reserve Bank of Chicago (1991) View citations (14)
    See also Journal Article Seasonal Solow Residuals and Christmas: A Case for Labor Hoarding and Increasing Returns, Journal of Money, Credit and Banking, Blackwell Publishing (1998) View citations (22) (1998)
37. Some explorations into optimal cyclical monetary policy
    Working Papers, Federal Reserve Bank of Minneapolis View citations (2)

1994

38. Seasonality and equilibrium business cycle theories
    Staff Report, Federal Reserve Bank of Minneapolis
    Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1991) View citations (1)
    Working Paper Series, Macroeconomic Issues, Federal Reserve Bank of Chicago (1991) View citations (1)
    See also Journal Article Seasonality and equilibrium business cycle theories, Journal of Economic Dynamics and Control, Elsevier (1995) View citations (24) (1995)

Journal Articles

2025

1. Monetary Policy Over the Lifecycle
   Review of Economic Dynamics, 2025, 56
   See also Working Paper Online Appendix to "Monetary Policy Over the Lifecycle", Online Appendices (2025) (2025)
   Working Paper Monetary Policy over the Life Cycle, FRB Atlanta Working Paper (2021) View citations (1) (2021)
   Software Item Code and data files for "Monetary Policy Over the Lifecycle", Computer Codes (2025) (2025)

2022

2. Aging, Deflation, and Secular Stagnation
   Policy Hub, 2022, 2022, (13)

2020

3. Why Cash Transfers Are Good Policy in the COVID-19 Pandemic
   Policy Hub, 2020, 2020, (4), 13

2019

4. Old, Frail, and Uninsured: Accounting for Features of the U.S. Long‐Term Care Insurance Market
   Econometrica, 2019, 87, (3), 981-1019 View citations (17)

2018

5. Why Prices Don't Respond Sooner to a Prospective Sovereign Debt Crisis
   Review of Economic Dynamics, 2018, 29, 235-255
   See also Software Item Code and data files for "Why Prices Don't Respond Sooner to a Prospective Sovereign Debt Crisis", Computer Codes (2018) (2018)
   Working Paper Why Prices Don't Respond Sooner to a Prospective Sovereign Debt Crisis, IMES Discussion Paper Series (2012) View citations (2) (2012)

2017

6. Old, Sick, Alone, and Poor: A Welfare Analysis of Old-Age Social Insurance Programmes
   The Review of Economic Studies, 2017, 84, (2), 580-612 View citations (44)
   See also Working Paper Old, sick, alone, and poor: a welfare analysis of old-age social insurance programs, FRB Atlanta Working Paper (2013) View citations (22) (2013)

2016

7. Some unpleasant properties of loglinearized solutions when the nominal rate is zero
   Journal of Monetary Economics, 2016, 84, (C), 216-232 View citations (93)
   See also Working Paper Some Unpleasant Properties of Loglinearized Solutions When the Nominal Rate is Zero, Bank of England working papers (2015) View citations (4) (2015)

2015

8. The implications of a graying Japan for government policy
   Journal of Economic Dynamics and Control, 2015, 57, (C), 1-23 View citations (64)
   See also Working Paper The Implications of a graying japan for government policy, FRB Atlanta Working Paper (2014) View citations (12) (2014)

2012

9. UNINSURED COUNTERCYCLICAL RISK: AN AGGREGATION RESULT AND APPLICATION TO OPTIMAL MONETARY POLICY
   Journal of the European Economic Association, 2012, 10, (6), 1450-1474 View citations (18)
   See also Working Paper Uninsured countercyclical risk: an aggregation result and application to optimal monetary policy, FRB Atlanta Working Paper (2011) (2011)

2011

10. New Keynesian dynamics in a low interest rate environment
    Journal of Economic Dynamics and Control, 2011, 35, (12), 2213-2227 View citations (42)
    See also Working Paper New Keynesian dynamics in a low interest rate environment, FRB Atlanta Working Paper (2011) View citations (33) (2011)

2009

11. THE SAVING RATE IN JAPAN: WHY IT HAS FALLEN AND WHY IT WILL REMAIN LOW
    International Economic Review, 2009, 50, (1), 291-321 View citations (86)
    See also Working Paper The Saving Rate in Japan: Why It Has Fallen and Why It Will Remain Low, CIRJE F-Series (2007) View citations (9) (2007)

2006

12. MONETARY POLICY DURING JAPAN'S LOST DECADE*
    The Japanese Economic Review, 2006, 57, (2), 324-344 View citations (42)
    See also Working Paper Monetary Policy during Japan's Lost Decade, CARF F-Series (2005) View citations (4) (2005)
13. Monetary Policy and the Term Structure of Interest Rates in Japan
    Journal of Money, Credit and Banking, 2006, 38, (1), 141-162 View citations (12)
    See also Working Paper Monetary Policy and the Term Structure of Interest Rates in Japan, CIRJE F-Series (2003) View citations (4) (2003)
14. REPLY
    The Japanese Economic Review, 2006, 57, (2), 358-359
15. Saving and interest rates in Japan: Why they have fallen and why they will remain low
    Proceedings, 2006, (Jun) View citations (8)
    See also Working Paper Saving and interest rates in Japan: why they have fallen and why they will remain low, Working Paper Series (2006) View citations (6) (2006)

2004

16. Technology Shocks and Aggregate Work Hours―Evidence from Japan―
    Economic Review, 2004, 55, (4), 289-298 View citations (1)

1998

17. Seasonal Solow Residuals and Christmas: A Case for Labor Hoarding and Increasing Returns
    Journal of Money, Credit and Banking, 1998, 30, (3), 306-30 View citations (22)
    See also Working Paper Seasonal Solow residuals and Christmas: a case for labor hoarding and increasing returns, Working Papers (1996) (1996)
18. Some models to guide monetary policymakers
    Carnegie-Rochester Conference Series on Public Policy, 1998, 48, (1), 1-42 View citations (6)
19. Transaction Services, Inflation, and Welfare
    Journal of Political Economy, 1998, 106, (6), 1274-1301 View citations (78)
    See also Working Paper Transaction services, inflation, and welfare, Staff Report (1998) View citations (61) (1998)

1996

20. Delayed financial disclosure: Mexico's recent experience
    Quarterly Review, 1996, 20, (Fall), 13-21 View citations (1)

1995

21. Seasonality and equilibrium business cycle theories
    Journal of Economic Dynamics and Control, 1995, 19, (3), 503-531 View citations (24)
    See also Working Paper Seasonality and equilibrium business cycle theories, Staff Report (1994) (1994)

1994

22. Another attempt to quantify the benefits of reducing inflation
    Quarterly Review, 1994, 18, (Fall), 17-25 View citations (10)
23. How large is the optimal inflation tax?
    Journal of Monetary Economics, 1994, 34, (2), 201-214 View citations (21)

1991

24. Optimal Fiscal and Monetary Policy: Some Recent Results: Comment
    Journal of Money, Credit and Banking, 1991, 23, (3), 542-46

Chapters

1993

1. The Macroeconomics of War and Peace
   A chapter in NBER Macroeconomics Annual 1993, Volume 8, 1993, pp 197-258 View citations (39)

Software Items

2025

1. Code and data files for "Monetary Policy Over the Lifecycle"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Monetary Policy Over the Lifecycle, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2025) (2025)

2018

2. Code and data files for "Why Prices Don't Respond Sooner to a Prospective Sovereign Debt Crisis"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Why Prices Don't Respond Sooner to a Prospective Sovereign Debt Crisis, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2018) (2018)