Details about Yasuo Hirose

Access statistics for papers by Yasuo Hirose.

Last updated 2021-05-06. Update your information in the RePEc Author Service.

Short-id: phi84

Working Papers

2021

1. Inflation Gap Persistence, Indeterminacy, and Monetary Policy
   Working Papers, Federal Reserve Bank of Cleveland

2020

2. Monetary Policy and Macroeconomic Stability Revisited
   Bank of Japan Working Paper Series, Bank of Japan View citations (2)
   Also in Research Working Paper, Federal Reserve Bank of Kansas City (2017) View citations (20)
   Working Papers, Federal Reserve Bank of Cleveland (2019) View citations (4)
   2018 Meeting Papers, Society for Economic Dynamics (2018) View citations (9)
   See also Journal Article in Review of Economic Dynamics (2020)

2019

3. Identifying News Shocks with Forecast Data
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (5)
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2012) View citations (16)
4. The Natural Rate of Interest in a Nonlinear DSGE Model
   Working Papers, Tokyo Center for Economic Research View citations (2)
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017) View citations (5)

2018

5. An Estimated DSGE Model with a Deflation Steady State
   Keio-IES Discussion Paper Series, Institute for Economics Studies, Keio University View citations (1)
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2014) View citations (28)
   UTokyo Price Project Working Paper Series, University of Tokyo, Graduate School of Economics (2014) View citations (12)
   See also Journal Article in Macroeconomic Dynamics (2020)

2016

6. Parameter Bias in an Estimated DSGE Model
   Working Papers, HAL View citations (6)
7. Parameter Bias in an Estimated DSGE Model:Does Nonlinearity Matter?
   UTokyo Price Project Working Paper Series, University of Tokyo, Graduate School of Economics View citations (3)
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2015) View citations (7)

2015

8. Monetary policy, trend inflation, and the Great Moderation: an alternative interpretation: comment based on system estimation
   Research Working Paper, Federal Reserve Bank of Kansas City View citations (5)

2014

9. The Zero Lower Bound and Parameter Bias in an Estimated DSGE Model
   IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (2)
   Also in TERG Discussion Papers, Graduate School of Economics and Management, Tohoku University (2013) View citations (4)
   Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics (2014) View citations (10)
   UTokyo Price Project Working Paper Series, University of Tokyo, Graduate School of Economics (2013) View citations (4)
   Departmental Working Papers, Southern Methodist University, Department of Economics (2013) View citations (11)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (4)
   DSSR Discussion Papers, Graduate School of Economics and Management, Tohoku University (2013) View citations (1)
   See also Journal Article in Journal of Applied Econometrics (2016)

2012

10. 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 in Journal of Money, Credit and Banking (2014)

2011

11. Changes in the Federal Reserve Communication Strategy: A Structural Investigation
    Bank of Japan Working Paper Series, Bank of Japan View citations (5)
    See also Journal Article in Journal of Money, Credit and Banking (2017)
12. Do investment-specific technological changes matter for business fluctuations? Evidence from Japan
    MPRA Paper, University Library of Munich, Germany View citations (6)
    Also in Bank of Japan Working Paper Series, Bank of Japan (2010) View citations (4)
    See also Journal Article in Pacific Economic Review (2012)

2010

13. Monetary policy and sunspot fluctuation in the U.S. and the Euro area
    MPRA Paper, University Library of Munich, Germany View citations (6)
    Also in Bank of Japan Working Paper Series, Bank of Japan (2008)

2009

14. 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 (43)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2008) View citations (15)
    Levine's Working Paper Archive, David K. Levine (2008) View citations (53)
    See also Journal Article in Journal of Money, Credit and Banking (2011)
15. Identifying the Effect of Bank of Japan's Liquidity Facilities: The Case of CP Operations During Financial Turmoil
    Bank of Japan Working Paper Series, Bank of Japan View citations (2)
16. Identifying the Effect of Bank of Japan's Liquidity Provision on the Year-End Premium: A Structural Approach
    Bank of Japan Working Paper Series, Bank of Japan View citations (2)

2007

17. Structural Estimation of the Output Gap: A Bayesian DSGE Approach for the U.S. Economy
    Bank of Japan Working Paper Series, Bank of Japan

2004

18. 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 in Monetary and Economic Studies (2005)

2002

19. Time-Varying NAIRU and Potential Growth in Japan
    Bank of Japan Working Paper Series, Bank of Japan View citations (17)

2001

20. A New Technique for Simultaneous Estimation of the Output Gap and Phillips Curve
    Bank of Japan Working Paper Series, Bank of Japan View citations (6)

Journal Articles

2020

1. AN ESTIMATED DSGE MODEL WITH A DEFLATION STEADY STATE
   Macroeconomic Dynamics, 2020, 24, (5), 1151-1185 View citations (13)
   See also Working Paper (2018)
2. Monetary Policy and Macroeconomic Stability Revisited
   Review of Economic Dynamics, 2020, 37, 255-274 View citations (3)
   See also Working Paper (2020)
   Software Item (2020)

2019

3. Review of Solution and Estimation Methods for Nonlinear Dynamic Stochastic General Equilibrium Models with the Zero Lower Bound
   The Japanese Economic Review, 2019, 70, (1), 51-104 View citations (4)
   Also in The Japanese Economic Review, 2019, 70, (1), 51-104 (2019) View citations (2)

2017

4. Changes in the Federal Reserve Communication Strategy: A Structural Investigation
   Journal of Money, Credit and Banking, 2017, 49, (1), 171-185 View citations (5)
   See also Working Paper (2011)

2016

5. The Zero Lower Bound and Parameter Bias in an Estimated DSGE Model
   Journal of Applied Econometrics, 2016, 31, (4), 630-651 View citations (32)
   See also Working Paper (2014)

2014

6. Indeterminacy and Forecastability
   Journal of Money, Credit and Banking, 2014, 46, (1), 243-251 View citations (9)
   See also Working Paper (2012)

2013

7. MONETARY POLICY AND SUNSPOT FLUCTUATIONS IN THE UNITED STATES AND THE EURO AREA
   Macroeconomic Dynamics, 2013, 17, (1), 1-28 View citations (18)

2012

8. DO INVESTMENT-SPECIFIC TECHNOLOGICAL CHANGES MATTER FOR BUSINESS FLUCTUATIONS? EVIDENCE FROM JAPAN
   Pacific Economic Review, 2012, 17, (2), 208-230 View citations (21)
   See also Working Paper (2011)
9. The effects of Bank of Japan’s liquidity provision on the year-end premium
   Journal of the Japanese and International Economies, 2012, 26, (1), 179-185 View citations (3)

2011

10. 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 (5)
    Also in Journal of Money, Credit and Banking, 2011, 43, (1), 1-29 (2011) View citations (83)
    See also Working Paper (2009)

2010

11. Identifying the Effect of the Bank of Japan's Liquidity Facilities: The Case of Commercial Paper Operations During the Financial Turmoil
    International Finance, 2010, 13, (3), 461-483 View citations (2)
12. STRUCTURAL ESTIMATION OF THE OUTPUT GAP: A BAYESIAN DSGE APPROACH
    Economic Inquiry, 2010, 48, (4), 864-879 View citations (5)

2008

13. Equilibrium Indeterminacy and Asset Price Fluctuation in Japan: A Bayesian Investigation
    Journal of Money, Credit and Banking, 2008, 40, (5), 967-999 View citations (32)
    Also in Journal of Money, Credit and Banking, 2008, 40, (5), 967-999 (2008)
14. Erratum to "Sunspot fluctuations under zero nominal interest rates" [Economics Letters 97 (2007) 39-45]
    Economics Letters, 2008, 99, (1), 212-212 View citations (1)
15. Learnability and equilibrium selection under indeterminacy
    Journal of Economic Dynamics and Control, 2008, 32, (11), 3459-3477

2007

16. Sunspot fluctuations ulnder zero nominal interest rates
    Economics Letters, 2007, 97, (1), 39-45 View citations (15)

2005

17. The Japanese Economic Model (JEM)
    Monetary and Economic Studies, 2005, 23, (2), 61-142 View citations (18)
    See also Working Paper (2004)

2003

18. A New Technique for Simultaneous Estimation of Potential Output and the Phillips Curve
    Monetary and Economic Studies, 2003, 21, (2), 93-112 View citations (10)

Software Items

2020

1. Code and data files for "Monetary Policy and Macroeconomic Stability Revisited"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2020)