Details about Takatoshi Ito

E-mail:
Homepage:	http://www3.grips.ac.jp/~t-ito/index.html
Phone:	1-212-854-6401
Postal address:	Columbia University Professor, School of International and Public Affairs 420 West 118th St., Rm 927 (MC3333) New York, NY 10025
Workplace:	School of International and Public Affairs (SIPA), Columbia University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Takatoshi Ito.

Last updated 2021-04-01. Update your information in the RePEc Author Service.

Short-id: pit3

---

Jump to Journal Articles Books Edited books Chapters Editor

Working Papers

2020

1. Execution Risk and Arbitrage Opportunities in the Foreign Exchange Markets
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
2. Japanese Foreign Exchange Interventions, 1971-2018: Estimating a Reaction Function Using the Best Proxy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
   See also Journal Article in Journal of the Japanese and International Economies (2020)
3. Price Discovery and Liquidity Recovery: Forex Market Reactions to Macro Announcements
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2019

4. Choice of Invoice Currency and Exchange Rate Risk Management: 2018 Questionnaire Survey with Japanese Overseas Subsidiaries (Japanese)
   Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)

2018

5. Choice of Invoice Currency and Exchange Rate Risk Management: 2017 Questionnaire Survey with Japanese headquarters (Japanese)
   Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2017

6. Did the Reform Fix the London Fix Problem?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   See also Journal Article in Journal of International Money and Finance (2018)

2016

7. A New Financial Order in Asia: Will a RMB bloc emerge?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   See also Journal Article in Journal of International Money and Finance (2017)
8. Choice of Invoice Currency in Japanese Trade: Industry and commodity level analysis
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (3)
9. Exchange Risk Management and the Choice of Invoice Currency: 2013 questionnaire survey of Japanese exporting firms (Japanese)
   Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)
10. Japanization: Is it Endemic or Epidemic?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
11. Puzzles in the Forex Tokyo “Fixing”: Order Imbalances and Biased Pricing by Banks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
12. Puzzles in the Tokyo Fixing in the Forex Market: Order Imbalances and Bank Pricing
    UTokyo Price Project Working Paper Series, University of Tokyo, Graduate School of Economics View citations (1)
    See also Journal Article in Journal of International Economics (2017)

2015

13. Challenges of the Japanese Economy: From the viewpoint of international macroeconomics (Japanese)
    Policy Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
14. Choice of Invoice Currency in Global Production and Sales Networks: The case of Japanese overseas subsidiaries
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (3)
15. Exchange Rate Exposure and Risk Management: The case of Japanese Exporting Firms
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article in Journal of the Japanese and International Economies (2016)
16. Exchange Risk Management and the Choice of Invoice Currency: 2014 Questionnaire Survey of Japanese Overseas Subsidiaries (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)
17. High-frequency, Algorithmic Spillovers Between NASDAQ and Forex
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
18. Was the Forex Fixing Fixed?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2014

19. We Are All QE-sians Now
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (15)

2013

20. Choice of Invoicing Currency: New evidence from a questionnaire survey of Japanese export firms
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (9)
21. Exchange Rate Exposure and Exchange Rate Risk Management: The case of Japanese exporting firms
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (1)
22. Exchange Rate Risk Management of Export Firms: New findings from a questionnaire survey
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (6)

2012

23. Banks and cross-border capital flows: challenges and regulatory responses
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (19)
24. Defying Gravity: How Long Will Japanese Government Bond Prices Remain High?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
25. Free Lunch! Arbitrage Opportunities in the Foreign Exchange Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)

2011

26. International Reserves and the Global Financial Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    See also Chapter (2011)
    Journal Article in Journal of International Economics (2012)
27. Invoice Currency Choice and Exchange Rate Risk Management in Japanese Firms' Trade Network: "RIETI Survey on Japanese Overseas Subsidiaries 2010" (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)

2010

28. 2009 RIETI Survey on Currency Invoicing and Exchange Rate Risk Management of Japanese Firms (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)
29. Determinants of Currency Invoicing in Japanese Exports: A firm-level analysis
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (4)
30. Global Imbalances and Currency Misalignments in Asia: An Analysis with AMU (Japanese)
    Policy Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
31. Great Inflation and Central Bank Independence in Japan
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Chapter (2013)
32. Is the Distance to Default a Good Measure in Predicting Bank Failures? Case Studies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
33. Monetary Policy and Financial Stability: Is Inflation Targeting Passe?
    ADB Economics Working Paper Series, Asian Development Bank View citations (12)
34. Why has the yen failed to become a dominant invoicing currency in Asia? A firm-level analysis of Japanese Exporters' invoicing behavior
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)

2009

35. Determinants of Currency Invoicing in Japanese Exports: A firm-level analysis (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (2)
36. Effects of Japanese Macroeconomic Announcements on the Dollar/Yen Exchange Rate: High-Resolution Picture
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2008

37. Chinese Foreign Exchange Policies and Asian Currencies (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (4)
38. Currency Invoicing and Foreign Exchange Risk Management: A Case Study of Japanese Firms (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (5)
39. Did Mergers Help Japanese Mega-Banks Avoid Failure? Analysis of the Distance to Default of Banks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    See also Journal Article in Journal of the Japanese and International Economies (2011)
40. Random Walk or A Run: Market Microstructure Analysis of the Foreign Exchange Rate Movements based on Conditional Probability
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    See also Journal Article in Quantitative Finance (2012)
41. Solvable Stochastic Dealer Models for Financial Markets
    Papers, arXiv.org

2007

42. Bank Restructuring in Asia: Crisis management in the aftermath of the Asian financial crisis and prospects for crisis prevention -Korea-
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (6)
43. Bank Restructuring in Asia: Crisis management in the aftermath of the Asian financial crisis and prospects for crisis prevention -Malaysia-
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (7)
44. Exchange Rate Pass-Through and Domestic Inflation: A Comparison between East Asia and Latin American Countries
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (11)

2006

45. Analysis of China's Exchange Rate Reform (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
46. Exchange Rate Changes and Inflation in Post-Crisis Asian Economies: VAR Analysis of the Exchange Rate Pass-Through
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (42)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (46)
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2006) View citations (40)
47. Exchange Rate Changes and Inflation in Post-Crisis Asian Economies: VAR Analysis of the Exchange Rate Pass-Through (Subsequently published in "Journal of Money, Credit and Banking", Volume 40, Issue 7, October 2008, pp. 1407-1438. )
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo View citations (1)
48. Intra-Day Seasonality in Activities of the Foreign Exchange Markets: Evidence From the Electronic Broking System
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (48)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2006) View citations (25)
    See also Journal Article in Journal of the Japanese and International Economies (2006)
49. Intra-day Seasonality in Activities of the Foreign Exchange Markets: Evidence from the Electronic Broking System (Subsequently published in "Journal of the Japanese and International Economies", Volume 20, Issue 4, December 2006, pp. 637-664. )
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo View citations (2)
50. On Determinants of the Yen Weight in the Implicit Basket System in East Asia
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
51. Price Impacts of Deals and Predictability of the Exchange Rate Movements
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Chapter (2008)

2005

52. "High-frequency Contagion between the Exchange Rates and Stock Prices during the Asian Currency Crisis"(in Japanese)
    CIRJE J-Series, CIRJE, Faculty of Economics, University of Tokyo
53. High-frequency Contagion between the Exchange Rates and Stock Prices during the Asian Currency Crisis
    CARF J-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo View citations (6)
54. Interventions and Japanese Economic Recovery
    Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (25)
    See also Journal Article in International Economics and Economic Policy (2005)
55. Pass-Through of Exchange Rate Changes and Macroeconomic Shocks to Domestic Inflation in East Asian Countries
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (25)
56. The Great Japanese Stagnation: Lessons for Industrial Countries
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics View citations (1)

2004

57. Bank Fragility in Japan, 1995-2003
    CESifo Working Paper Series, CESifo View citations (2)
58. High-Frequency Contagion Between the Exchange Rates and Stock Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
59. Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)
    See also Chapter (2004)
60. Microstructure of the Yen/Dollar Foreign Exchange Market: Patterns of Intra-day Activity Revealed in the Electronic Broking System
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
61. Two Decades of Japanese Monetary Policy and the Deflation Problem
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (47)
    See also Chapter (2006)
62. What Prompts Japan to Intervene in the Forex Market? A New Approach to a Reaction Function
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (48)
    See also Journal Article in Journal of International Money and Finance (2007)

2003

63. Macroeconomic Impacts of Aging in Japan on the Balance of Current Accounts
    Discussion Paper, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University
64. Market Evaluations of Banking Fragility in Japan: Japan Premium, Stock Prices, and Credit Derivatives
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2002

65. High Frequency Contagion of Currency Crises in Asia
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article in Asian Economic Journal (2005)
66. Is Foreign Exchange Intervention Effective?: The Japanese Experiences in the 1990s
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (65)
    Also in Discussion Paper Series, Institute of Economic Research, Hitotsubashi University (2002) View citations (57)
    See also Chapter (2003)
67. Macroeconomic Impacts of Aging in Japan
    Discussion Paper, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University View citations (1)

2000

68. Japan Premium and Stock Prices: Two Mirrors of Japanese Banking Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article in International Journal of Finance & Economics (2005)
69. On the Desirability of a Regional Basket Currency Arrangement
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
    See also Journal Article in Journal of the Japanese and International Economies (2002)

1999

70. Asian Exports: Principal Causes of Deceleration
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
71. Bail-out, Moral Hazard, and Credibility: IMF and World Bank policies in crises of the 21 Century Type
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
72. Capital Flows in Asia
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (32)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (40)
    See also Chapter (2000)
73. How Did the Dollar Peg Fail in Asia?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article in Journal of the Japanese and International Economies (1998)
74. Japan's Big Bang and the Transformation of Financial Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
75. Japan's Financial Reform
    Asia Pacific Economic Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University

1998

76. Heterogeneous Expectations and Tests of Efficiency in the Yen/Dollar Forward Exchange Rate Market
    University of California at San Diego, Economics Working Paper Series, Department of Economics, UC San Diego
    Also in Discussion Paper Series, Institute of Economic Research, Hitotsubashi University (1998) View citations (3)
    See also Journal Article in Journal of Monetary Economics (1999)
77. Impacts of the Basle Capital Standard on Japanese Banks' Behavior
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (9)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (23)
    See also Journal Article in Journal of the Japanese and International Economies (2002)

1997

78. Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (76)
    See also Chapter (1999)
79. Is There Private Information in the FX Market? The Tokyo Experiment
    Research Program in Finance Working Papers, University of California at Berkeley View citations (8)
    Also in Working Papers, Economisch Institut voor het Midden en Kleinbedrijf- (1997) View citations (3)
    Working Papers, University of California at Berkeley, Haas School of Business (1996) View citations (11)
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1997) View citations (19)
    NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (18)
80. The Bank of Canada's Monetary Policy Framework: Have Recent Changes Enhanced Central Bank Credibility?
    IMF Working Papers, International Monetary Fund View citations (1)

1995

81. Explaining Asset Bubbles in Japan
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (54)
    See also Journal Article in Monetary and Economic Studies (1996)
82. Heterogeneous Expectations and Tests of Efficiency in the Yen/Dollar Forward Foreign Exchange Rate Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
83. Lessons from financial crisis: the Japanese case
    Proceedings, Federal Reserve Bank of Chicago View citations (3)
84. One Day in June, 1994: A Study of the Working of Reuters 2000-2 Electronic Foreign Exchange Trading System
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (6)

1993

85. Efficiency of the Tokyo Housing Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
    See also Journal Article in Monetary and Economic Studies (1993)
86. Price Volatility and Volume Spillovers between the Tokyo and New York Stock Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    See also Chapter (1994)
87. Short-Run and Long-Run Expectationss of the Yen/Dollar Exchange Rate
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993)
    See also Journal Article in Journal of the Japanese and International Economies (1994)

1992

88. Do Bulls and Bears Move Acoross Borders: International Transimission of Stock Returns and Volatility as the World Turns
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1991) View citations (10)
    Working papers, Wisconsin Madison - Social Systems (1991) View citations (9)
89. The Yen and the International Monetary System
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
90. U.S. Political Pressure and Economic Liberalization in East Asia
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
    See also Chapter (1993)

1991

91. Bequest Taxes and Accumulation of Household Wealth: U.S. - Japan Comparison
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Discussion Paper Series, Institute of Economic Research, Hitotsubashi University (1991) View citations (3)
    See also Chapter (1992)
92. U.S.-Japan Macroeconomic Policy Coordinations: Agenda for the 1990s and beyond
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University

1990

93. International Impacts on Domestic Political Economy: A Case of Japanese General Elections
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Journal Article in Journal of International Money and Finance (1991)
94. Is the Japanese Distribution System Really Inefficient?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    See also Chapter (1991)
95. The Land/ Housing Problem in Japan: A Macroeconomic Approach
    Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
    See also Journal Article in Journal of the Japanese and International Economies (1993)
96. Where Does the Meteor Shower Come From? The Role of Stochastic Policy Coordination
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (33)
    See also Journal Article in Journal of International Economics (1992)

1989

97. Bonuses, Overtime, and Employment: Korea vs. Japan
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article in Journal of the Japanese and International Economies (1989)
98. Endogenous Election Timings and Political Business Cycles in Japan
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
99. Estimation and Hypothesis Testing with Restricted Spectral Density Matrices: An Application to Uncovered Interest Parity
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (5)
100. Is the Bank of Japan a Closet Monetarist? Monetary Targeting in Japan, 1978-1988
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)

1988

101. Foreign Exchange Rate Expectations: Micro Survey Data
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (142)
     See also Journal Article in American Economic Review (1990)
102. Intraday Yen/Dollar Exchange Rate Movements: News or Noise?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
     Also in Research Working Paper, Federal Reserve Bank of Kansas City (1988) View citations (3)
103. METEOR SHOWERS OR HEAT WAGES? HETEROSKEDASTIC INTRA-DAILY VOLATILITY IN A THE FOREIGN EXCHANGE MARKET
     Working Papers, Minnesota - Center for Economic Research View citations (3)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1988) View citations (20)
     See also Journal Article in Econometrica (1990)
104. News and the Dollar/Yen Exchange Rate, 1931-1933: The End of the Gold Standard, Imperialism, and the Great Depression
     NBER Working Papers, National Bureau of Economic Research, Inc
     See also Journal Article in Journal of the Japanese and International Economies (1993)
105. On Time-Series Properties of Time-Varying Risk Premium in the Yen/Dollar Exchange Market
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
106. On the Consistency of Short-run and Long-run Exchange Rate Expectations
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
     See also Journal Article in Journal of International Money and Finance (1989)

1987

107. Housing Finance Imperfections and Private Saving: A Comparative Simulation Analysis of the U.S. and Japan
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

1986

108. News from the U. S. and Japan: Which Moves the Yen/Dollar Exchange Rate?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
     Also in Research Working Paper, Federal Reserve Bank of Kansas City (1986) View citations (6)
     See also Journal Article in Journal of Monetary Economics (1987)
109. The Intra-Daily Exchange Rate Dynamics and Monetary Policies After the G5 Agreement
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

1984

110. Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
     See also Journal Article in The Review of Economics and Statistics (1988)

1983

111. Capital Controls and Covered Interest Parity
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)

1982

112. On Implicit Contracts and Involuntary Unemployment
     Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (4)

1979

113. A Note on Stochastic Rationing Mechanisms
     NBER Working Papers, National Bureau of Economic Research, Inc
114. A Stochastic Approach to Disequilibrium Macroeconomics
     NBER Technical Working Papers, National Bureau of Economic Research, Inc
115. Non-Trivial Equilibrium in an Economy With Stochastic Rationing
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

1978

116. Disequilibrium Growth Theory: The Kaldor Model
     NBER Working Papers, National Bureau of Economic Research, Inc

Undated

117. The Political Economy of Japan's Big Bang
     Working Papers, Department of Economics, W. P. Carey School of Business, Arizona State University View citations (1)

Journal Articles

2021

1. Energy and the Environment: Editors' Overview
   Asian Economic Policy Review, 2021, 16, (1), 1-21

2020

2. Comment on “The Southeast Asian Economies in the Age of Discontent”
   Asian Economic Policy Review, 2020, 15, (2), 210-211
3. Economic Reform in ASEAN: Editors' Overview
   Asian Economic Policy Review, 2020, 15, (2), 165-184
4. Japanese Foreign Exchange Interventions, 1971-2018: Estimating a Reaction Function Using the Best Proxy
   Journal of the Japanese and International Economies, 2020, 58, (C) View citations (3)
   See also Working Paper (2020)
5. Trade Wars: Editors' Overview
   Asian Economic Policy Review, 2020, 15, (1), 1-30

2019

6. Comment on “Indian Monetary Policy in the Time of Inflation Targeting and Demonetization”
   Asian Economic Policy Review, 2019, 14, (1), 93-94 View citations (1)
7. Modi's Economic Reforms in India: Editors' Overview
   Asian Economic Policy Review, 2019, 14, (1), 1-23
8. North Korea: Editors’ Overview
   Asian Economic Policy Review, 2019, 14, (2), 177-188

2018

9. Changing Global Financial and Trading Systems and Asia: Editors’ Overview
   Asian Economic Policy Review, 2018, 13, (2), 177-191 View citations (1)
10. Changing International Financial Architecture: Growing Chinese Influence?
    Asian Economic Policy Review, 2018, 13, (2), 192-214 View citations (3)
11. Did Abenomics Succeed?: Editors' Overview
    Asian Economic Policy Review, 2018, 13, (1), 1-22 View citations (1)
12. Did the reform fix the London fix problem?
    Journal of International Money and Finance, 2018, 80, (C), 75-95 View citations (4)
    See also Working Paper (2017)

2017

13. A new financial order in Asia: Will a RMB bloc emerge?
    Journal of International Money and Finance, 2017, 74, (C), 232-257 View citations (29)
    See also Working Paper (2016)
14. China's Financial Transformation: Editors' Overview
    Asian Economic Policy Review, 2017, 12, (2), 167-187
15. Comment on “The Boom and Bust of the RMB's Internationalization: A Perspective from Cross-border Arbitrage”
    Asian Economic Policy Review, 2017, 12, (2), 256-257 View citations (1)
16. Growth Convergence and the Middle-Income Trap
    Asian Development Review, 2017, 34, (1), 1-27 View citations (8)
17. Labor, Health and Education in Asia-Analysis of Micro Data: Editors' Overview
    Asian Economic Policy Review, 2017, 12, (1), 1-17
18. Puzzles in the Tokyo fixing in the forex market: Order imbalances and Bank pricing
    Journal of International Economics, 2017, 109, (C), 214-234 View citations (1)
    See also Working Paper (2016)
19. The forex fixing reform and its impact on cost and risk of forex trading banks
    Finance Research Letters, 2017, 21, (C), 157-162 View citations (6)

2016

20. Connectivity and Infrastructure: Editors' Overview
    Asian Economic Policy Review, 2016, 11, (2), 161-175
21. Exchange rate exposure and risk management: The case of Japanese exporting firms
    Journal of the Japanese and International Economies, 2016, 41, (C), 17-29 View citations (24)
    See also Working Paper (2015)
22. The Economics of Sport in Asia: Editors' Overview
    Asian Economic Policy Review, 2016, 11, (1), 1-15

2015

23. Innovation in East Asia: Editors' Overview
    Asian Economic Policy Review, 2015, 10, (1), 1-18
24. Social Security in Ageing Asia: Editors' Overview
    Asian Economic Policy Review, 2015, 10, (2), 179-198

2014

25. China's Impact on the Rest of the World: Editors’ Overview
    Asian Economic Policy Review, 2014, 9, (2), 163-179
26. Comment on “International Transmission of People's Bank of China's Balance Sheet Expansion”
    Asian Economic Policy Review, 2014, 9, (2), 299-300 View citations (1)
27. Defying gravity: can Japanese sovereign debt continue to increase without a crisis?*
    (Fiscal discipline and the cost of public debt service: some estimates for OECD countries)
    Economic Policy, 2014, 29, (77), 5-44 View citations (46)
28. Japan's Persistent Deflation and Monetary Policy: Editors' Overview
    Asian Economic Policy Review, 2014, 9, (1), 1-19

2013

29. Association of Southeast Asian Nations' New Frontiers: Editors' Overview
    Asian Economic Policy Review, 2013, 8, (1), 1-24
30. Is the Distance to Default a good measure in predicting bank failures? A case study of Japanese major banks
    Japan and the World Economy, 2013, 27, (C), 70-82 View citations (12)
31. Is the Sky the Limit? Can Japanese Government Bonds Continue to Defy Gravity?
    Asian Economic Policy Review, 2013, 8, (2), 218-247 View citations (19)
32. Japan at the Crosswords: Editors' Overview
    Asian Economic Policy Review, 2013, 8, (2), 169-192

2012

33. Can Asia Overcome the IMF Stigma?
    American Economic Review, 2012, 102, (3), 198-202 View citations (14)
34. Fiscal Policy and Sovereign Debt: Editors' Overview
    Asian Economic Policy Review, 2012, 7, (2), 135-156
35. International reserves and the global financial crisis
    Journal of International Economics, 2012, 88, (2), 388-406 View citations (101)
    See also Chapter (2011)
    Working Paper (2011)
36. Korea in Transition: Editors' Overview
    Asian Economic Policy Review, 2012, 7, (1), 1-19
37. On the nonstationarity of the exchange rate process
    International Review of Financial Analysis, 2012, 23, (C), 30-34
38. Random walk or a run. Market microstructure analysis of foreign exchange rate movements based on conditional probability
    Quantitative Finance, 2012, 12, (6), 893-905 View citations (2)
    See also Working Paper (2008)

2011

39. ASEAN Economy: Diversity, Disparities, and Dynamics: Editors' Overview
    Asian Economic Policy Review, 2011, 6, (1), 1-21 View citations (1)
40. Comment on “Thailand after 1997”
    Asian Economic Policy Review, 2011, 6, (1), 86-87
41. Developments in Asian Finance: Editors' Overview
    Asian Economic Policy Review, 2011, 6, (2), 157-175
42. Did mergers help Japanese mega-banks avoid failure? Analysis of the distance to default of banks
    Journal of the Japanese and International Economies, 2011, 25, (1), 1-22 View citations (14)
    See also Working Paper (2008)
43. Reform of Financial Supervisory and Regulatory Regimes: What has Been Achieved and What is Still Missing
    International Economic Journal, 2011, 25, (4), 553-569 View citations (4)

2010

44. Asia Reshaping the Global Economic Order: Editors' Overview
    Asian Economic Policy Review, 2010, 5, (2), 135-156
45. China as Number One: How about the Renminbi?
    Asian Economic Policy Review, 2010, 5, (2), 249-276 View citations (20)
46. Effects of Japanese macroeconomic statistic announcements on the dollar/yen exchange rate: High-resolution picture
    Journal of the Japanese and International Economies, 2010, 24, (3), 334-354 View citations (22)
47. The Environment and Climate Change: Editors' Overview
    Asian Economic Policy Review, 2010, 5, (1), 1-18 View citations (2)

2009

48. Comment on “Aging, Asset Markets, and Asset Returns: A View From Europe to Asia”
    Asian Economic Policy Review, 2009, 4, (1), 93-94 View citations (1)
49. Early Warning Systems of Currency Crises
    Public Policy Review, 2009, 5, (1), 1-24 View citations (1)
50. Editors’ Overview
    Asian Economic Policy Review, 2009, 4, (1), 1-18 View citations (1)
    Also in Asian Economic Policy Review, 2006, 1, (2), 201-214 (2006)
    Asian Economic Policy Review, 2007, 2, (1), 1-15 (2007)
    Asian Economic Policy Review, 2008, 3, (1), 1-18 (2008)
    Asian Economic Policy Review, 2006, 1, (1), 1-14 (2006)
    Asian Economic Policy Review, 2007, 2, (2), 169-185 (2007)
    Asian Economic Policy Review, 2008, 3, (2), 163-179 (2008)
51. Financial Globalization: Editor's Introduction
    Journal of the Japanese and International Economies, 2009, 23, (2), 87-89
    See also Chapter (2009)
52. Fire, flood, and lifeboats: policy responses to the global crisis of 2007-09
    Proceedings, 2009, (Oct), 207-249
53. The United States and East Asia: Editors' Overview
    Asian Economic Policy Review, 2009, 4, (2), 163-180

2008

54. Comment on “The Role of Fiscal and Monetary Policies in Sustaining Growth With Stability in India”
    Asian Economic Policy Review, 2008, 3, (2), 237-239 View citations (1)
55. Dynamics of quote and deal prices in the foreign exchange market
    Journal of Economic Interaction and Coordination, 2008, 3, (1), 99-106 View citations (4)
56. Exchange Rate Changes and Inflation in Post-Crisis Asian Economies: Vector Autoregression Analysis of the Exchange Rate Pass-Through
    Journal of Money, Credit and Banking, 2008, 40, (7), 1407-1438 View citations (82)
    Also in Journal of Money, Credit and Banking, 2008, 40, (7), 1407-1438 (2008) View citations (25)

2007

57. Asian Currency Crisis and the International Monetary Fund, 10 Years Later: Overview*
    Asian Economic Policy Review, 2007, 2, (1), 16-49 View citations (35)
58. Myths and reality of foreign exchange interventions: an application to Japan
    International Journal of Finance & Economics, 2007, 12, (2), 133-154 View citations (28)
59. Satoshi Shimizutani, Expectations and Uncertainty in a Deflationary Economy: A Microeconomic Analysis of the Japanese Economy
    Economic Review, 2007, 58, (1), 92-93
60. What prompts Japan to intervene in the Forex market? A new approach to a reaction function
    Journal of International Money and Finance, 2007, 26, (2), 193-212 View citations (106)
    See also Working Paper (2004)

2006

61. International Finance
    Journal of the Japanese and International Economies, 2006, 20, (4), 455-458 View citations (170)
62. Intraday seasonality in activities of the foreign exchange markets: Evidence from the electronic broking system
    Journal of the Japanese and International Economies, 2006, 20, (4), 637-664 View citations (43)
    See also Working Paper (2006)
63. Robust Monetary Framework for China
    China & World Economy, 2006, 14, (5), 32-47 View citations (3)

2005

64. High‐Frequency Contagion of Currency Crises in Asia
    Asian Economic Journal, 2005, 19, (4), 357-381 View citations (12)
    See also Working Paper (2002)
65. Interventions and Japanese economic recovery
    International Economics and Economic Policy, 2005, 2, (2), 219-239 View citations (25)
    See also Working Paper (2005)
66. Japan premium and stock prices: two mirrors of Japanese banking crises
    International Journal of Finance & Economics, 2005, 10, (3), 195-211 View citations (14)
    See also Working Paper (2000)
67. THE EXCHANGE RATE IN THE JAPANESE ECONOMY: THE PAST, PUZZLES, AND PROSPECTS*
    The Japanese Economic Review, 2005, 56, (1), 1-38 View citations (5)

2004

68. Credit Derivatives Premium as a New Japan Premium
    Journal of Money, Credit and Banking, 2004, 36, (5), 965-68 View citations (18)
69. EXCHANGE RATE REGIMES AND MONETARY COOPERATION: LESSONS FROM EAST ASIA AND LATIN AMERICA*
    The Japanese Economic Review, 2004, 55, (3), 240-266 View citations (3)
70. Financial regulation in Japan: a sixth year review of the Financial Services Agency
    Journal of Financial Stability, 2004, 1, (2), 229-243 View citations (9)
71. Origin and Contagion of Asian Financial Crises―Daily Data Analysis―
    Economic Review, 2004, 55, (3), 204-216

2003

72. Analysis of Foreign Exchange Intervention in Japan
    Economic Review, 2003, 54, (2), 97-113
73. How to Beat Deflation Take Action with Unconventional Monetary Policies
    Japanese Economy, 2003, 31, (1), 7-13
74. Retrospective on the Bubble Period and its Relationship to Developments in the 1990s
    The World Economy, 2003, 26, (3), 283-300 View citations (3)

2002

75. HIGH-RESOLUTION ANGLE-RESOLVED PHOTOEMISSION STUDY OFBaCo1-xNixS2
    Surface Review and Letters (SRL), 2002, 09, (02), 1127-1132
76. Impacts of the Basle Capital Standard on Japanese Banks' Behavior
    Journal of the Japanese and International Economies, 2002, 16, (3), 372-397 View citations (40)
    See also Working Paper (1998)
77. On Japan's International Economic Policy with Emphasis on International Finance
    Economic Review, 2002, 53, (1), 1-17
78. On the Desirability of a Regional Basket Currency Arrangement
    Journal of the Japanese and International Economies, 2002, 16, (3), 317-334 View citations (81)
    See also Working Paper (2000)

2001

79. Macroeconomic implications of the new economy: commentary
    Proceedings - Economic Policy Symposium - Jackson Hole, 2001, 269-277
80. Race to the center: competition for the Nikkei 225 futures trade
    Journal of Empirical Finance, 2001, 8, (3), 219-242 View citations (5)

1999

81. Asian Currency Crises and the IMF
    Economic Review, 1999, 50, (1), 68-93 View citations (2)
82. EDITORIAL: Changes in the Editorship of the JJIE
    Journal of the Japanese and International Economies, 1999, 13, (3), 153-153
83. EDITORS' INTRODUCTION
    Journal of the Japanese and International Economies, 1999, 13, (4), 255-256
84. Heterogeneous expectations and tests of efficiency in the yen/dollar forward exchange rate market
    Journal of Monetary Economics, 1999, 43, (2), 435-456 View citations (83)
    See also Working Paper (1998)

1998

85. EDITORS' INTRODUCTION
    Journal of the Japanese and International Economies, 1998, 12, (4), 251-255
86. How Did the Dollar Peg Fail in Asia?
    Journal of the Japanese and International Economies, 1998, 12, (4), 256-304 View citations (94)
    See also Working Paper (1999)

1997

87. EDITORS' INTRODUCTION
    Journal of the Japanese and International Economies, 1997, 11, (4), 437-439
88. On Capital Flows to Emerging Markets―Lessons of the Mexican Peso Crisis, 1994-95―
    Economic Review, 1997, 48, (4), 289-305
89. The Long-Run Purchasing Power Parity for the Yen: Historical Overview
    Journal of the Japanese and International Economies, 1997, 11, (4), 502-521 View citations (10)

1996

90. DEPOSIT GUARANTEES AND THE BURST OF THE JAPANESE BUBBLE ECONOMY
    Contemporary Economic Policy, 1996, 14, (3), 41-52 View citations (3)
91. Explaining Asset Bubbles in Japan
    Monetary and Economic Studies, 1996, 14, (1), 143-193 View citations (19)
    See also Working Paper (1995)
92. Japan and the Asian Economies: A 'Miracle' in Transition
    Brookings Papers on Economic Activity, 1996, 27, (2), 205-272 View citations (11)

1995

93. Masahiro Kawai: International Finance
    Economic Review, 1995, 46, (3), 285-286

1994

94. Do Bulls and Bears Move across Borders? International Transmission of Stock Returns and Volatility
    Review of Financial Studies, 1994, 7, (3), 507-38 View citations (450)
95. Editors' Introduction
    Journal of the Japanese and International Economies, 1994, 8, (4), 363-364
96. Short-Run and Long-Run Expectations of the Yen/Dollar Exchange Rate
    Journal of the Japanese and International Economies, 1994, 8, (2), 119-143 View citations (18)
    See also Working Paper (1993)

1993

97. Editors' Introduction
    Journal of the Japanese and International Economies, 1993, 7, (4), 323-328
98. Efficiency of the Rice Futures Market in Osaka in the 18th Century
    Economic Review, 1993, 44, (4), 339-350 View citations (5)
99. Efficiency of the Tokyo Housing Market
    Monetary and Economic Studies, 1993, 11, (1), 1-32 View citations (19)
    See also Working Paper (1993)
100. News and the Dollar/Yen Exchange Rate, 1931-1933: The End of the Gold Standard, Imperialism, and the Great Depression
     Journal of the Japanese and International Economies, 1993, 7, (2), 107-131 View citations (2)
     See also Working Paper (1988)
101. The Land/Housing Problem in Japan: A Macroeconomic Approach
     Journal of the Japanese and International Economies, 1993, 7, (1), 1-31 View citations (2)
     See also Working Paper (1990)

1992

102. Editors' introduction
     Journal of the Japanese and International Economies, 1992, 6, (4), 309-311
103. Lunch break and intraday volatility of stock returns: An hourly data analysis of Tokyo and New York stock markets
     Economics Letters, 1992, 39, (1), 85-90 View citations (21)
104. On the possibility of the yen bloc
     Proceedings, 1992, 317-361
     Also in Proceedings, 1992, (Sep) (1992)
105. Where does the meteor shower come from?: The role of stochastic policy coordination
     Journal of International Economics, 1992, 32, (3-4), 221-240 View citations (40)
     See also Working Paper (1990)

1991

106. International impacts on domestic political economy: a case of Japanese general elections
     Journal of International Money and Finance, 1991, 10, (1, Supplement), S73-S89 View citations (4)
     See also Working Paper (1990)
107. Introduction
     Journal of the Japanese and International Economies, 1991, 5, (4), 301-304
108. The Time-Series Properties of the Risk Premium in the Yen/Dollar Exchange Market
     Journal of Applied Econometrics, 1991, 6, (2), 125-42 View citations (18)
109. The rise and fall of deficit in Japan, 1965-1990
     Journal of the Japanese and International Economies, 1991, 5, (4), 451-472 View citations (12)

1990

110. A Pre‐ and Post‐war Comparison of GNP Volatility
     Economic Review, 1990, 41, (2), 149-156
111. Foreign Exchange Rate Expectations: Micro Survey Data
     American Economic Review, 1990, 80, (3), 434-49 View citations (286)
     See also Working Paper (1988)
112. Meteor Showers or Heat Waves? Heteroskedastic Intra-daily Volatility in the Foreign Exchange Market
     Econometrica, 1990, 58, (3), 525-42 View citations (576)
     See also Working Paper (1988)
113. The timing of elections and political business cycles in Japan
     Journal of Asian Economics, 1990, 1, (1), 135-156 View citations (34)

1989

114. Bonuses, overtime, and employment: Korea vs Japan
     Journal of the Japanese and International Economies, 1989, 3, (4), 424-450 View citations (3)
     See also Working Paper (1989)
115. Exchange Rate, Interst Rate Differential, and Current Account Balance--Simultaneous Determination in a Simple Open Macro Model--
     Economic Review, 1989, 40, (3), 260-273
116. Hypothesis Testing with Restricted Spectral Density Matrices, with an Application to Uncovered Interest Parity
     International Economic Review, 1989, 30, (1), 203-15 View citations (6)
117. On the consistency of short-run and long-run exchange rate expectations
     Journal of International Money and Finance, 1989, 8, (4), 487-510 View citations (50)
     See also Working Paper (1988)

1988

118. Housing finance imperfections, taxation, and private saving: A comparative simulation analysis of the United States and Japan
     Journal of the Japanese and International Economies, 1988, 2, (3), 215-238 View citations (60)
119. Labor Contracts with Voluntary Quits
     Journal of Labor Economics, 1988, 6, (1), 100-131 View citations (6)
120. Political business cycles in the parliamentary system
     Economics Letters, 1988, 27, (3), 233-238 View citations (18)
121. The economic development of Japan: A quantitative study: Ryoshin Minami, (St. Martin's Press, New York, 1986) pp. 487 + xxvi
     Journal of Development Economics, 1988, 29, (2), 236-238
122. Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity
     The Review of Economics and Statistics, 1988, 70, (2), 296-305 View citations (16)
     See also Working Paper (1984)
123. Welfare Analysis of Budget Deficits and International Capital Flows
     Economic Review, 1988, 39, (1), 40-49

1987

124. A musical note on the efficiency wage hypothesis: Programmings, wages and budgets of American symphony orchestras
     Economics Letters, 1987, 25, (1), 95-99 View citations (3)
125. A note on long-term contracts
     Economics Letters, 1987, 24, (1), 11-17
126. News from the U.S. and Japan: Which moves the yen/dollar exchange rate?
     Journal of Monetary Economics, 1987, 19, (2), 255-277 View citations (106)
     See also Working Paper (1986)
127. The intradaily exchange rate dynamics and monetary policies after the group of five agreement
     Journal of the Japanese and International Economies, 1987, 1, (3), 275-298 View citations (7)

1983

128. Stability with regime switching
     Journal of Economic Theory, 1983, 29, (1), 22-48 View citations (20)
129. The incentive implications of incomplete insurance: The multiplicative case
     Economics Letters, 1983, 13, (4), 319-323

1982

130. Disequilibrium dynamics with monetarist price expectations
     Economics Letters, 1982, 9, (1), 69-75 View citations (6)

1981

131. Incomplete insurance and absolute risk aversion
     Economics Letters, 1981, 8, (2), 107-112 View citations (4)
132. Tests of the Equilibrium Hypothesis in Disequilibrium Econometrics: An International Comparison of Credit Rationing
     International Economic Review, 1981, 22, (3), 691-708 View citations (21)

1980

133. Disequilibrium growth theory
     Journal of Economic Theory, 1980, 23, (3), 380-409 View citations (28)
134. Methods of Estimation for Multi-Market Disequilibrium Models
     Econometrica, 1980, 48, (1), 97-125 View citations (11)

1979

135. A Filippov solution of a system of differential equations with discontinuous right-hand sides
     Economics Letters, 1979, 4, (4), 349-354 View citations (15)
136. An example of a non-Walrasian equilibrium with stochastic rationing at the Walrasian equilibrium prices
     Economics Letters, 1979, 2, (1), 13-19 View citations (2)

1978

137. A note on disequilibrium growth theory
     Economics Letters, 1978, 1, (1), 21-25 View citations (7)
     Also in Economics Letters, 1978, 1, (1), 45-49 (1978) View citations (7)
138. A note on the positivity constraint in Olech's theorem
     Journal of Economic Theory, 1978, 17, (2), 312-318 View citations (4)

Books

2018

1. Managing Currency Risk
   Books, Edward Elgar Publishing

2011

2. Commodity Prices and Markets
   NBER Books, National Bureau of Economic Research, Inc View citations (7)

2010

3. The Economic Consequences of Demographic Change in East Asia
   NBER Books, National Bureau of Economic Research, Inc View citations (70)

2009

4. Development Economics through the Decades
   World Bank Publications - Books, The World Bank Group View citations (12)
5. Financial Globalization, 20th Anniversary Conference, NBER-TCER-CEPR
   NBER Books, National Bureau of Economic Research, Inc
6. Financial Sector Development in the Pacific Rim
   NBER Books, National Bureau of Economic Research, Inc View citations (13)

2008

7. International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy
   NBER Books, National Bureau of Economic Research, Inc View citations (11)

2007

8. Fiscal Policy and Management in East Asia
   NBER Books, National Bureau of Economic Research, Inc View citations (39)

2006

9. International Finance (NBER-TCER-CEPR-University of Tokyo)
   NBER Books, National Bureau of Economic Research, Inc
10. Monetary Policy with Very Low Inflation in the Pacific Rim
    NBER Books, National Bureau of Economic Research, Inc View citations (26)

2005

11. International Trade in East Asia
    NBER Books, National Bureau of Economic Research, Inc View citations (156)

2004

12. Governance, Regulation, and Privatization in the Asia-Pacific Region
    NBER Books, National Bureau of Economic Research, Inc View citations (11)
13. Growth and Productivity in East Asia
    NBER Books, National Bureau of Economic Research, Inc View citations (9)

2003

14. Trade in Services in the Asia-Pacific Region
    NBER Books, National Bureau of Economic Research, Inc View citations (39)

2001

15. Financial Policy and Central Banking in Japan, vol 1
    MIT Press Books, The MIT Press View citations (30)
16. No More Bashing: Building a New Japan-United States Economic Relationship
    Peterson Institute Press: All Books, Peterson Institute for International Economics View citations (8)
17. Regional and Global Capital Flows: Macroeconomic Causes and Consequences
    NBER Books, National Bureau of Economic Research, Inc View citations (88)

2000

18. Deregulation and Interdependence in the Asia-Pacific Region
    NBER Books, National Bureau of Economic Research, Inc View citations (7)
19. The Role of Foreign Direct Investment in East Asian Economic Development
    NBER Books, National Bureau of Economic Research, Inc View citations (66)

1999

20. Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues
    NBER Books, National Bureau of Economic Research, Inc View citations (113)
21. Competition Policy and Regulation (NBER-TCER-CEPR conference)
    NBER Books, National Bureau of Economic Research, Inc

1998

22. International Monetary Regime in the Twenty-First Century, (NBER-CEPR-TCER conference)
    NBER Books, National Bureau of Economic Research, Inc

1997

23. Purchasing Power Parity
    NBER Books, National Bureau of Economic Research, Inc View citations (26)
24. Regionalism versus Multilateral Trade Arrangements
    NBER Books, National Bureau of Economic Research, Inc View citations (85)
25. The Political Economy of Japanese Monetary Policy, vol 1
    MIT Press Books, The MIT Press View citations (86)

1996

26. Economic Agglomeration
    NBER Books, National Bureau of Economic Research, Inc View citations (1)
27. Financial Deregulation and Integration in East Asia
    NBER Books, National Bureau of Economic Research, Inc View citations (219)

1995

28. Economics of Transition
    NBER Books, National Bureau of Economic Research, Inc View citations (2)
29. Growth Theories in Light of the East Asian Experience
    NBER Books, National Bureau of Economic Research, Inc View citations (101)

1994

30. Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows
    NBER Books, National Bureau of Economic Research, Inc View citations (164)
31. Regionalism (NBER-TCER-CEPR)
    NBER Books, National Bureau of Economic Research, Inc

1993

32. International Comparison of the Financial System and Regulations (NBER-TCER-CEPR)
    NBER Books, National Bureau of Economic Research, Inc
33. Trade and Protectionism
    NBER Books, National Bureau of Economic Research, Inc View citations (17)

1992

34. Growth and Development: New Theory and Evidence
    NBER Books, National Bureau of Economic Research, Inc
35. The Political Economy of Tax Reform
    NBER Books, National Bureau of Economic Research, Inc View citations (40)

1991

36. Fiscal Policies in an Open Macro Economy
    NBER Books, National Bureau of Economic Research, Inc
37. The Japanese Economy, vol 1
    MIT Press Books, The MIT Press View citations (32)

1990

38. Corporate Finance and Related Issues: Comparative Perspectives
    NBER Books, National Bureau of Economic Research, Inc

Edited books

2018

1. Economic Stagnation in Japan
   Books, Edward Elgar Publishing View citations (3)

2011

2. Commodity Prices and Markets
   National Bureau of Economic Research Books, University of Chicago Press View citations (36)

2010

3. The Economic Consequences of Demographic Change in East Asia
   National Bureau of Economic Research Books, University of Chicago Press View citations (11)
4. The Rise of China and Structural Changes in Korea and Asia
   Books, Edward Elgar Publishing View citations (5)

2009

5. Financial Sector Development in the Pacific Rim
   National Bureau of Economic Research Books, University of Chicago Press View citations (10)

2008

6. Fiscal Policy and Management in East Asia
   National Bureau of Economic Research Books, University of Chicago Press
7. International Financial Issues in the Pacific Rim
   National Bureau of Economic Research Books, University of Chicago Press View citations (9)

2007

8. Regionalism versus Multilateral Trade Arrangements
   National Bureau of Economic Research Books, University of Chicago Press View citations (1)

2006

9. Monetary Policy with Very Low Inflation in the Pacific Rim
   National Bureau of Economic Research Books, University of Chicago Press View citations (37)

2005

10. A New Financial Market Structure for East Asia
    Books, Edward Elgar Publishing View citations (16)
11. International Trade in East Asia
    National Bureau of Economic Research Books, University of Chicago Press View citations (154)

2004

12. Governance, Regulation, and Privatization in the Asia-Pacific Region
    National Bureau of Economic Research Books, University of Chicago Press View citations (11)
13. Growth and Productivity in East Asia
    National Bureau of Economic Research Books, University of Chicago Press View citations (28)

2003

14. Trade in Services in the Asia-Pacific Region
    National Bureau of Economic Research Books, University of Chicago Press View citations (39)

2001

15. Regional and Global Capital Flows
    National Bureau of Economic Research Books, University of Chicago Press View citations (40)

2000

16. Deregulation and Interdependence in the Asia-Pacific Region
    National Bureau of Economic Research Books, University of Chicago Press View citations (7)
17. The Role of Foreign Direct Investment in East Asian Economic Development
    National Bureau of Economic Research Books, University of Chicago Press View citations (63)

1999

18. Changes in Exchange Rates in Rapidly Developing Countries
    National Bureau of Economic Research Books, University of Chicago Press View citations (96)

1996

19. Financial Deregulation and Integration in East Asia
    National Bureau of Economic Research Books, University of Chicago Press View citations (215)

1995

20. Growth Theories in Light of the East Asian Experience
    National Bureau of Economic Research Books, University of Chicago Press View citations (94)

1994

21. Macroeconomic Linkage
    National Bureau of Economic Research Books, University of Chicago Press View citations (1)

1993

22. Trade and Protectionism
    National Bureau of Economic Research Books, University of Chicago Press View citations (44)

1992

23. The Political Economy of Tax Reform
    National Bureau of Economic Research Books, University of Chicago Press View citations (40)

Chapters

2018

1. Introduction and overview
   Chapter 1 in Economic Stagnation in Japan, 2018, pp 1-14
2. Japanization: is it spreading to the rest of the world?
   Chapter 2 in Economic Stagnation in Japan, 2018, pp 17-55 View citations (1)

2016

3. Supervision and Regulation: Effects of Global Financial Crisis on Japan and Asia
   Chapter 13 in The Future of Large, Internationally Active Banks, 2016, pp 213-217

2015

4. Comments on Levich and Packer: “Development and functioning of FX markets in Asia and the Pacific”
   A chapter in Cross-border Financial Linkages: Challenges for Monetary Policy and Financial Stability, 2015, vol. 82, pp 133-135

2013

5. Classic FIT and Lean FIT: Is Inflation-Targeting Guilty of Causing the Financial Instability of 2007–2009?
   Chapter 9 in The Role of Central Banks in Financial Stability How Has It Changed?, 2013, pp 187-205
6. Comment on "The International Monetary System: Living with Asymmetry"
   A chapter in Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century, 2013, pp 336-341
7. Great Inflation and Central Bank Independence in Japan
   A chapter in The Great Inflation: The Rebirth of Modern Central Banking, 2013, pp 357-387
   See also Working Paper (2010)

2011

8. International Reserves and the Global Financial Crisis
   A chapter in Global Financial Crisis, 2011 View citations (26)
   See also Working Paper (2011)
   Journal Article in Journal of International Economics (2012)
9. Introduction to "Commodity Prices and Markets, East Asia Seminar on Economics, Volume 20"
   A chapter in Commodity Prices and Markets, 2011, pp 1-12 View citations (2)

2010

10. Introduction to "The Economic Consequences of Demographic Change in East Asia"
    A chapter in The Economic Consequences of Demographic Change in East Asia, 2010, pp 1-15

2009

11. Comment on "Did the Japanese Stock Market Appropriately Price the Takenaka Financial Reform?"
    A chapter in Financial Sector Development in the Pacific Rim, 2009, pp 341-345
12. Financial Globalization: Editor's Introduction
    A chapter in Financial Globalization, 20th Anniversary Conference, NBER-TCER-CEPR, 2009
    See also Journal Article in Journal of the Japanese and International Economies (2009)
13. Introduction to "Financial Sector Development in the Pacific Rim"
    A chapter in Financial Sector Development in the Pacific Rim, 2009, pp 1-9 View citations (2)

2008

14. Global imbalances: Origins, Consequences and Possible Resolutions
    Chapter 7 in Central Banks as Economic Institutions, 2008
15. Introduction to "International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy (NBER-EASE Volume 17)"
    A chapter in International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy, 2008, pp 1-9 View citations (10)
16. Price Impacts of Deals and Predictability of the Exchange Rate Movements
    A chapter in International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy, 2008, pp 177-217 View citations (4)
    See also Working Paper (2006)

2007

17. Introduction to "Fiscal Policy and Management in East Asia, NBER-East Asia Seminar on Economics, Volume 16"
    A chapter in Fiscal Policy and Management in East Asia, 2007, pp 1-5

2006

18. Introduction to EASE-15: Monetary Policy with Very Low Inflation in the Pacific Rim
    A chapter in Monetary Policy with Very Low Inflation in the Pacific Rim, 2006, pp 1-5 View citations (36)
19. Japanese monetary policy: 1998-2005 and beyond
    A chapter in Monetary policy in Asia: approaches and implementation, 2006, vol. 31, pp 105-132 View citations (9)
20. Two Decades of Japanese Monetary Policy and the Deflation Problem
    A chapter in Monetary Policy with Very Low Inflation in the Pacific Rim, 2006, pp 131-1997 View citations (44)
    See also Working Paper (2004)

2005

21. Introduction
    A chapter in International Trade in East Asia, 2005, pp 1-6
22. Introduction: A New Financial Market Structure for East Asia
    Chapter 1 in A New Financial Market Structure for East Asia, 2005 View citations (1)

2004

23. Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?
    A chapter in The Future of Inflation Targeting, 2004 View citations (22)
    See also Working Paper (2004)
24. Introduction to "Governance, Regulation, and Privatization in the Asia-Pacific Region, NBER East Asia Seminar on Economics, Volume 12"
    A chapter in Governance, Regulation, and Privatization in the Asia-Pacific Region, 2004, pp 1-9
25. Introduction to "Growth and Productivity in East Asia, NBER-East Asia Seminar on Economics, Volume 13"
    A chapter in Growth and Productivity in East Asia, 2004, pp 1-8 View citations (1)
26. The role of the yen in East Asia
    Chapter 4 in East Asia's Monetary Future, 2004

2003

27. Introduction to "Trade in Services in the Asia Pacific Region, NBER East Asia Seminar on Economics (EASE), Volume 11"
    A chapter in Trade in Services in the Asia-Pacific Region, 2003, pp 1-10 View citations (3)
28. Is foreign exchange intervention effective? The Japanese experiences in the 1990s
    Chapter 5 in Monetary History, Exchange Rates and Financial Markets, 2003 View citations (11)
    See also Working Paper (2002)

2001

29. Comment on "Credibility of Hong Kong's Currency Board: The Role of Institutional Arrangements"
    A chapter in Regional and Global Capital Flows: Macroeconomic Causes and Consequences, 2001, pp 262-266
30. Comment on "The Impacts of Bank Loans on Economic Development: An Implication for East Asia from an Equilibrium Contract Theory"
    A chapter in Regional and Global Capital Flows: Macroeconomic Causes and Consequences, 2001, pp 145-147 View citations (5)
31. Discussion of 'The Case for a Basket, Band and Crawl (BBC) Regime for East Asia'
    A chapter in Future Directions for Monetary Policies in East Asia, 2001 View citations (5)
32. Introduction to "Regional and Global Capital Flows: Macroeconomic Causes and Consequences, NBER-EASE Volume 10"
    A chapter in Regional and Global Capital Flows: Macroeconomic Causes and Consequences, 2001, pp 1-10 View citations (2)

2000

33. Capital Flows in Asia
    A chapter in Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, 2000, pp 255-296 View citations (16)
    See also Working Paper (1999)
34. Introduction to "Deregulation and Interdependence in the Asia-Pacific Region"
    A chapter in Deregulation and Interdependence in the Asia-Pacific Region, 2000, pp 1-11 View citations (1)
35. Introduction to "Role of Foreign Direct Investment in East Asian Economic Development, The (NBER-EASE volume 9)"
    A chapter in The Role of Foreign Direct Investment in East Asian Economic Development, 2000, pp 1-8 View citations (4)

1999

36. Capital Flows to East Asia
    A chapter in International Capital Flows, 1999, pp 111-190 View citations (14)
37. Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia
    A chapter in Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues, 1999, pp 109-132 View citations (47)
    See also Working Paper (1997)
38. Introduction to "Changes in Exchange Rates in Rapidly Development Countries: Theory, Practice, and Policy Issues (NBER-EASE volume 7)"
    A chapter in Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues, 1999, pp 1-8 View citations (18)

1997

39. Introduction to "Regionalism versus Multilateral Trade Arrangements"
    A chapter in Regionalism versus Multilateral Trade Arrangements, 1997, pp 1-8 View citations (5)

1996

40. Introduction to "Financial Deregulation and Integration in East Asia, NBER-EASE Volume 5"
    A chapter in Financial Deregulation and Integration in East Asia, 1996, pp 1-5 View citations (5)
41. One Day in June 1993: A Study of the Working of the Reuters 2000-2 Electronic Foreign Exchange Trading System
    A chapter in The Microstructure of Foreign Exchange Markets, 1996, pp 107-182 View citations (47)

1994

42. Introduction to "Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, NBER-EASE Volume 3"
    A chapter in Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, 1994, pp 1-5 View citations (5)
43. On Recent Movements of Japanese Current Accounts and Capital Flows
    A chapter in Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, 1994, pp 31-52 View citations (5)
44. Price Volatility and Volume Spillovers between the Tokyo and New York Stock Markets
    A chapter in The Internationalization of Equity Markets, 1994, pp 309-343 View citations (19)
    See also Working Paper (1993)
45. Public Policies and Household Saving in Japan
    A chapter in Public Policies and Household Saving, 1994, pp 133-160 View citations (5)
46. Public Policy and Housing in Japan
    A chapter in Housing Markets in the United States and Japan, 1994, pp 215-238 View citations (10)

1993

47. Introduction to "Trade and Protectionism: NBER-East Asia Seminar on Economics, Volume 2"
    A chapter in Trade and Protectionism, 1993, pp 1-3
48. U.S. Political Pressure and Economic Liberalization in East Asia
    A chapter in Regionalism and Rivalry: Japan and the United States in Pacific Asia, 1993, pp 391-422 View citations (2)
    See also Working Paper (1992)

1992

49. Bequest Taxes and Accumulation of Household Wealth: U.S.-Japan Comparison
    A chapter in The Political Economy of Tax Reform, 1992, pp 235-292 View citations (33)
    See also Working Paper (1991)
50. Introduction to "The Political Economy of Tax Reform, NBER-EASE Volume 1"
    A chapter in The Political Economy of Tax Reform, 1992, pp 1-6 View citations (3)

1991

51. Is the Japanese Distribution System Really Inefficient?
    A chapter in Trade with Japan: Has the Door Opened Wider?, 1991, pp 149-174 View citations (20)
    See also Working Paper (1990)

Editor

1. Asian Economic Policy Review
   Japan Center for Economic Research