Details about Takatoshi Ito
Access statistics for papers by Takatoshi Ito.
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Short-id: pit3
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Working Papers
2020
- Execution Risk and Arbitrage Opportunities in the Foreign Exchange Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
- 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 Japanese Foreign Exchange Interventions, 1971-2018: Estimating a Reaction Function Using the Best Proxy, Journal of the Japanese and International Economies, Elsevier (2020) View citations (3) (2020)
- Price Discovery and Liquidity Recovery: Forex Market Reactions to Macro Announcements
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
2019
- 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
- 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
- Did the Reform Fix the London Fix Problem?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
See also Journal Article Did the reform fix the London fix problem?, Journal of International Money and Finance, Elsevier (2018) View citations (4) (2018)
2016
- 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 A new financial order in Asia: Will a RMB bloc emerge?, Journal of International Money and Finance, Elsevier (2017) View citations (36) (2017)
- 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)
- 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)
- Japanization: Is it Endemic or Epidemic?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
- 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)
- 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 Puzzles in the Tokyo fixing in the forex market: Order imbalances and Bank pricing, Journal of International Economics, Elsevier (2017) View citations (3) (2017)
2015
- Challenges of the Japanese Economy: From the viewpoint of international macroeconomics (Japanese)
Policy Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
- 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)
- 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 Exchange rate exposure and risk management: The case of Japanese exporting firms, Journal of the Japanese and International Economies, Elsevier (2016) View citations (31) (2016)
- 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)
- High-frequency, Algorithmic Spillovers Between NASDAQ and Forex
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
- Was the Forex Fixing Fixed?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
2014
- We Are All QE-sians Now
IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (17)
2013
- 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 (11)
- 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)
- 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
- 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)
- Defying Gravity: How Long Will Japanese Government Bond Prices Remain High?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
- Free Lunch! Arbitrage Opportunities in the Foreign Exchange Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
2011
- International Reserves and the Global Financial Crisis
NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
See also Journal Article International reserves and the global financial crisis, Journal of International Economics, Elsevier (2012) View citations (121) (2012) Chapter International Reserves and the Global Financial Crisis, NBER Chapters, National Bureau of Economic Research, Inc (2011) View citations (26) (2011)
- 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
- 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)
- Determinants of Currency Invoicing in Japanese Exports: A firm-level analysis
Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (4)
- Global Imbalances and Currency Misalignments in Asia: An Analysis with AMU (Japanese)
Policy Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
- Great Inflation and Central Bank Independence in Japan
NBER Working Papers, National Bureau of Economic Research, Inc 
See also Chapter Great Inflation and Central Bank Independence in Japan, NBER Chapters, National Bureau of Economic Research, Inc (2013) (2013)
- 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)
- Monetary Policy and Financial Stability: Is Inflation Targeting Passe?
ADB Economics Working Paper Series, Asian Development Bank View citations (12)
- 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 (27)
2009
- 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)
- 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
- Chinese Foreign Exchange Policies and Asian Currencies (Japanese)
Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (4)
- 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)
- 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 (16)
See also Journal Article Did mergers help Japanese mega-banks avoid failure? Analysis of the distance to default of banks, Journal of the Japanese and International Economies, Elsevier (2011) View citations (16) (2011)
- 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 Random walk or a run. Market microstructure analysis of foreign exchange rate movements based on conditional probability, Quantitative Finance, Taylor & Francis Journals (2012) View citations (3) (2012)
- Solvable Stochastic Dealer Models for Financial Markets
Papers, arXiv.org
2007
- 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 (7)
- 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)
- 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 (15)
2006
- Analysis of China's Exchange Rate Reform (Japanese)
Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
- Exchange Rate Changes and Inflation in Post-Crisis Asian Economies: VAR Analysis of the Exchange Rate Pass-Through
Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (44)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (47) CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2006) View citations (44)
- 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)
- 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 (52)
Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2006) View citations (26)
See also Journal Article Intraday seasonality in activities of the foreign exchange markets: Evidence from the electronic broking system, Journal of the Japanese and International Economies, Elsevier (2006) View citations (46) (2006)
- 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)
- On Determinants of the Yen Weight in the Implicit Basket System in East Asia
Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
- Price Impacts of Deals and Predictability of the Exchange Rate Movements
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
See also Chapter Price Impacts of Deals and Predictability of the Exchange Rate Movements, NBER Chapters, National Bureau of Economic Research, Inc (2008) View citations (4) (2008)
2005
- "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
- 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)
- Interventions and Japanese Economic Recovery
Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (25)
See also Journal Article Interventions and Japanese economic recovery, International Economics and Economic Policy, Springer (2005) View citations (25) (2005)
- 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 (31)
- 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
- Bank Fragility in Japan, 1995-2003
CESifo Working Paper Series, CESifo View citations (2)
- High-Frequency Contagion Between the Exchange Rates and Stock Prices
NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
- 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 (27)
See also Chapter Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?, RBA Annual Conference Volume (Discontinued), Reserve Bank of Australia (2004) View citations (23) (2004)
- 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 (18)
- Two Decades of Japanese Monetary Policy and the Deflation Problem
NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)
See also Chapter Two Decades of Japanese Monetary Policy and the Deflation Problem, NBER Chapters, National Bureau of Economic Research, Inc (2006) View citations (59) (2006)
- 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 (50)
See also Journal Article What prompts Japan to intervene in the Forex market? A new approach to a reaction function, Journal of International Money and Finance, Elsevier (2007) View citations (108) (2007)
2003
- Macroeconomic Impacts of Aging in Japan on the Balance of Current Accounts
Discussion Paper, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University
- 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
- High Frequency Contagion of Currency Crises in Asia
NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
See also Journal Article High‐Frequency Contagion of Currency Crises in Asia, Asian Economic Journal, East Asian Economic Association (2005) View citations (14) (2005)
- 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 (64)
See also Chapter Is foreign exchange intervention effective? The Japanese experiences in the 1990s, Chapters, Edward Elgar Publishing (2003) View citations (11) (2003)
- Macroeconomic Impacts of Aging in Japan
Discussion Paper, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University View citations (1)
2000
- 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 Japan premium and stock prices: two mirrors of Japanese banking crises, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2005) View citations (14) (2005)
- 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 On the Desirability of a Regional Basket Currency Arrangement, Journal of the Japanese and International Economies, Elsevier (2002) View citations (81) (2002)
1999
- Asian Exports: Principal Causes of Deceleration
Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
- 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
- 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 Capital Flows in Asia, NBER Chapters, National Bureau of Economic Research, Inc (2000) View citations (16) (2000)
- How Did the Dollar Peg Fail in Asia?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
See also Journal Article How Did the Dollar Peg Fail in Asia?, Journal of the Japanese and International Economies, Elsevier (1998) View citations (94) (1998)
- Japan's Big Bang and the Transformation of Financial Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
- Japan's Financial Reform
Asia Pacific Economic Papers, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University
1998
- 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 Heterogeneous expectations and tests of efficiency in the yen/dollar forward exchange rate market, Journal of Monetary Economics, Elsevier (1999) View citations (100) (1999)
- Impacts of the Basle Capital Standard on Japanese Banks' Behavior
Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (10)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (23)
See also Journal Article Impacts of the Basle Capital Standard on Japanese Banks' Behavior, Journal of the Japanese and International Economies, Elsevier (2002) View citations (44) (2002)
1997
- 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 (77)
See also Chapter Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia, NBER Chapters, National Bureau of Economic Research, Inc (1999) View citations (48) (1999)
- Is There Private Information in the FX Market? The Tokyo Experiment
Research Program in Finance Working Papers, University of California at Berkeley View citations (9)
Also in Working Papers, Economisch Institut voor het Midden en Kleinbedrijf- (1997) View citations (5) Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco (1997) View citations (19) Working Papers, University of California at Berkeley, Haas School of Business (1996) View citations (11) NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations (18)
- The Bank of Canada's Monetary Policy Framework: Have Recent Changes Enhanced Central Bank Credibility?
IMF Working Papers, International Monetary Fund View citations (4)
1996
- Exchange Rate Movements and Their Impact on Trade and Investment in the APEC Region
IMF Occasional Papers, International Monetary Fund View citations (49)
1995
- Explaining Asset Bubbles in Japan
NBER Working Papers, National Bureau of Economic Research, Inc View citations (55)
See also Journal Article Explaining Asset Bubbles in Japan, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (1996) View citations (19) (1996)
- 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)
- Lessons from financial crisis: the Japanese case
Proceedings, Federal Reserve Bank of Chicago View citations (3)
- 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 (7)
1993
- Efficiency of the Tokyo Housing Market
NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
See also Journal Article Efficiency of the Tokyo Housing Market, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (1993) View citations (20) (1993)
- 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 Price Volatility and Volume Spillovers between the Tokyo and New York Stock Markets, NBER Chapters, National Bureau of Economic Research, Inc (1994) View citations (21) (1994)
- 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 Short-Run and Long-Run Expectations of the Yen/Dollar Exchange Rate, Journal of the Japanese and International Economies, Elsevier (1994) View citations (20) (1994)
1992
- 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 Working papers, Wisconsin Madison - Social Systems (1991) View citations (9) NBER Working Papers, National Bureau of Economic Research, Inc (1991) View citations (10)
- The Yen and the International Monetary System
Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
- U.S. Political Pressure and Economic Liberalization in East Asia
Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
See also Chapter U.S. Political Pressure and Economic Liberalization in East Asia, NBER Chapters, National Bureau of Economic Research, Inc (1993) View citations (2) (1993)
1991
- 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 Bequest Taxes and Accumulation of Household Wealth: U.S.-Japan Comparison, NBER Chapters, National Bureau of Economic Research, Inc (1992) View citations (35) (1992)
- U.S.-Japan Macroeconomic Policy Coordinations: Agenda for the 1990s and beyond
Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
1990
- 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 International impacts on domestic political economy: a case of Japanese general elections, Journal of International Money and Finance, Elsevier (1991) View citations (4) (1991)
- Is the Japanese Distribution System Really Inefficient?
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
See also Chapter Is the Japanese Distribution System Really Inefficient?, NBER Chapters, National Bureau of Economic Research, Inc (1991) View citations (20) (1991)
- The Land/ Housing Problem in Japan: A Macroeconomic Approach
Discussion Paper Series, Institute of Economic Research, Hitotsubashi University
See also Journal Article The Land/Housing Problem in Japan: A Macroeconomic Approach, Journal of the Japanese and International Economies, Elsevier (1993) View citations (3) (1993)
- Where Does the Meteor Shower Come From? The Role of Stochastic Policy Coordination
NBER Working Papers, National Bureau of Economic Research, Inc View citations (34)
See also Journal Article Where does the meteor shower come from?: The role of stochastic policy coordination, Journal of International Economics, Elsevier (1992) View citations (42) (1992)
1989
- Bonuses, Overtime, and Employment: Korea vs. Japan
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
See also Journal Article Bonuses, overtime, and employment: Korea vs Japan, Journal of the Japanese and International Economies, Elsevier (1989) View citations (3) (1989)
- Endogenous Election Timings and Political Business Cycles in Japan
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
- 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)
- 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
- Foreign Exchange Rate Expectations: Micro Survey Data
NBER Working Papers, National Bureau of Economic Research, Inc View citations (142)
See also Journal Article Foreign Exchange Rate Expectations: Micro Survey Data, American Economic Review, American Economic Association (1990) View citations (288) (1990)
- 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)
- 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 (22)
See also Journal Article Meteor Showers or Heat Waves? Heteroskedastic Intra-daily Volatility in the Foreign Exchange Market, Econometrica, Econometric Society (1990) View citations (604) (1990)
- 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 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, Elsevier (1993) View citations (2) (1993)
- 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)
- 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 On the consistency of short-run and long-run exchange rate expectations, Journal of International Money and Finance, Elsevier (1989) View citations (51) (1989)
1987
- 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 (8)
1986
- 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 (10)
Also in Research Working Paper, Federal Reserve Bank of Kansas City (1986) View citations (6)
See also Journal Article News from the U.S. and Japan: Which moves the yen/dollar exchange rate?, Journal of Monetary Economics, Elsevier (1987) View citations (119) (1987)
- 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
- 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 Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity, The Review of Economics and Statistics, MIT Press (1988) View citations (16) (1988)
1983
- Capital Controls and Covered Interest Parity
NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
1982
- On Implicit Contracts and Involuntary Unemployment
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (4)
1979
- A Note on Stochastic Rationing Mechanisms
NBER Working Papers, National Bureau of Economic Research, Inc
- A Stochastic Approach to Disequilibrium Macroeconomics
NBER Technical Working Papers, National Bureau of Economic Research, Inc
- Non-Trivial Equilibrium in an Economy With Stochastic Rationing
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
1978
- Disequilibrium Growth Theory: The Kaldor Model
NBER Working Papers, National Bureau of Economic Research, Inc
Undated
- The Political Economy of Japan's Big Bang
Working Papers, Department of Economics, W. P. Carey School of Business, Arizona State University
Journal Articles
2021
- Energy and the Environment: Editors' Overview
Asian Economic Policy Review, 2021, 16, (1), 1-21
2020
- Comment on “The Southeast Asian Economies in the Age of Discontent”
Asian Economic Policy Review, 2020, 15, (2), 210-211
- Economic Reform in ASEAN: Editors' Overview
Asian Economic Policy Review, 2020, 15, (2), 165-184
- 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 Japanese Foreign Exchange Interventions, 1971-2018: Estimating a Reaction Function Using the Best Proxy, NBER Working Papers (2020) View citations (3) (2020)
- Trade Wars: Editors' Overview
Asian Economic Policy Review, 2020, 15, (1), 1-30
2019
- 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)
- Modi's Economic Reforms in India: Editors' Overview
Asian Economic Policy Review, 2019, 14, (1), 1-23
- North Korea: Editors’ Overview
Asian Economic Policy Review, 2019, 14, (2), 177-188
2018
- Changing Global Financial and Trading Systems and Asia: Editors’ Overview
Asian Economic Policy Review, 2018, 13, (2), 177-191 View citations (1)
- Changing International Financial Architecture: Growing Chinese Influence?
Asian Economic Policy Review, 2018, 13, (2), 192-214 View citations (3)
- Did Abenomics Succeed?: Editors' Overview
Asian Economic Policy Review, 2018, 13, (1), 1-22 View citations (2)
- 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 Did the Reform Fix the London Fix Problem?, NBER Working Papers (2017) View citations (3) (2017)
2017
- A new financial order in Asia: Will a RMB bloc emerge?
Journal of International Money and Finance, 2017, 74, (C), 232-257 View citations (36)
See also Working Paper A New Financial Order in Asia: Will a RMB bloc emerge?, NBER Working Papers (2016) View citations (5) (2016)
- China's Financial Transformation: Editors' Overview
Asian Economic Policy Review, 2017, 12, (2), 167-187
- 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)
- Growth Convergence and the Middle-Income Trap
Asian Development Review, 2017, 34, (1), 1-27 View citations (9)
- Labor, Health and Education in Asia-Analysis of Micro Data: Editors' Overview
Asian Economic Policy Review, 2017, 12, (1), 1-17
- 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 (3)
See also Working Paper Puzzles in the Tokyo Fixing in the Forex Market: Order Imbalances and Bank Pricing, UTokyo Price Project Working Paper Series (2016) View citations (1) (2016)
- 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
- Connectivity and Infrastructure: Editors' Overview
Asian Economic Policy Review, 2016, 11, (2), 161-175
- 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 (31)
See also Working Paper Exchange Rate Exposure and Risk Management: The case of Japanese Exporting Firms, NBER Working Papers (2015) View citations (8) (2015)
- The Economics of Sport in Asia: Editors' Overview
Asian Economic Policy Review, 2016, 11, (1), 1-15
2015
- Innovation in East Asia: Editors' Overview
Asian Economic Policy Review, 2015, 10, (1), 1-18
- Social Security in Ageing Asia: Editors' Overview
Asian Economic Policy Review, 2015, 10, (2), 179-198
2014
- China's Impact on the Rest of the World: Editors’ Overview
Asian Economic Policy Review, 2014, 9, (2), 163-179
- 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)
- 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 (48)
- Japan's Persistent Deflation and Monetary Policy: Editors' Overview
Asian Economic Policy Review, 2014, 9, (1), 1-19
2013
- Association of Southeast Asian Nations' New Frontiers: Editors' Overview
Asian Economic Policy Review, 2013, 8, (1), 1-24
- 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)
- 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)
- Japan at the Crosswords: Editors' Overview
Asian Economic Policy Review, 2013, 8, (2), 169-192
2012
- Can Asia Overcome the IMF Stigma?
American Economic Review, 2012, 102, (3), 198-202 View citations (14)
- Fiscal Policy and Sovereign Debt: Editors' Overview
Asian Economic Policy Review, 2012, 7, (2), 135-156
- International reserves and the global financial crisis
Journal of International Economics, 2012, 88, (2), 388-406 View citations (121)
See also Chapter International Reserves and the Global Financial Crisis, NBER Chapters, 2011 (2011) View citations (26) (2011) Working Paper International Reserves and the Global Financial Crisis, NBER Working Papers (2011) View citations (25) (2011)
- Korea in Transition: Editors' Overview
Asian Economic Policy Review, 2012, 7, (1), 1-19
- On the nonstationarity of the exchange rate process
International Review of Financial Analysis, 2012, 23, (C), 30-34
- 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 (3)
See also Working Paper Random Walk or A Run: Market Microstructure Analysis of the Foreign Exchange Rate Movements based on Conditional Probability, NBER Working Papers (2008) View citations (4) (2008)
2011
- ASEAN Economy: Diversity, Disparities, and Dynamics: Editors' Overview
Asian Economic Policy Review, 2011, 6, (1), 1-21 View citations (1)
- Comment on “Thailand after 1997”
Asian Economic Policy Review, 2011, 6, (1), 86-87
- Developments in Asian Finance: Editors' Overview
Asian Economic Policy Review, 2011, 6, (2), 157-175
- 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 (16)
See also Working Paper Did Mergers Help Japanese Mega-Banks Avoid Failure? Analysis of the Distance to Default of Banks, NBER Working Papers (2008) View citations (16) (2008)
- 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
- Asia Reshaping the Global Economic Order: Editors' Overview
Asian Economic Policy Review, 2010, 5, (2), 135-156
- China as Number One: How about the Renminbi?
Asian Economic Policy Review, 2010, 5, (2), 249-276 View citations (22)
- 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 (24)
- The Environment and Climate Change: Editors' Overview
Asian Economic Policy Review, 2010, 5, (1), 1-18 View citations (2)
2009
- 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 (2)
- Early Warning Systems of Currency Crises
Public Policy Review, 2009, 5, (1), 1-24 View citations (1)
- Editors’ Overview
Asian Economic Policy Review, 2009, 4, (1), 1-18 View citations (1)
Also in Asian Economic Policy Review, 2008, 3, (2), 163-179 (2008)  Asian Economic Policy Review, 2006, 1, (1), 1-14 (2006)  Asian Economic Policy Review, 2008, 3, (1), 1-18 (2008)  Asian Economic Policy Review, 2006, 1, (2), 201-214 (2006)  Asian Economic Policy Review, 2007, 2, (1), 1-15 (2007)  Asian Economic Policy Review, 2007, 2, (2), 169-185 (2007)
- Financial Globalization: Editor's Introduction
Journal of the Japanese and International Economies, 2009, 23, (2), 87-89 
See also Chapter Financial Globalization: Editor's Introduction, NBER Chapters, 2009 (2009) (2009)
- Fire, flood, and lifeboats: policy responses to the global crisis of 2007-09
Proceedings, 2009, (Oct), 207-249 View citations (1)
- The United States and East Asia: Editors' Overview
Asian Economic Policy Review, 2009, 4, (2), 163-180
2008
- 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)
- 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)
- 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 (95)
Also in Journal of Money, Credit and Banking, 2008, 40, (7), 1407-1438 (2008) View citations (32)
2007
- Asian Currency Crisis and the International Monetary Fund, 10 Years Later: Overview*
Asian Economic Policy Review, 2007, 2, (1), 16-49 View citations (35)
- Myths and reality of foreign exchange interventions: an application to Japan
International Journal of Finance & Economics, 2007, 12, (2), 133-154 View citations (32)
- Satoshi Shimizutani, Expectations and Uncertainty in a Deflationary Economy: A Microeconomic Analysis of the Japanese Economy
Economic Review, 2007, 58, (1), 92-93
- 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 (108)
See also Working Paper What Prompts Japan to Intervene in the Forex Market? A New Approach to a Reaction Function, NBER Working Papers (2004) View citations (50) (2004)
2006
- International Finance
Journal of the Japanese and International Economies, 2006, 20, (4), 455-458 View citations (170)
- 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 (46)
See also Working Paper Intra-Day Seasonality in Activities of the Foreign Exchange Markets: Evidence From the Electronic Broking System, NBER Working Papers (2006) View citations (52) (2006)
- Robust Monetary Framework for China
China & World Economy, 2006, 14, (5), 32-47 View citations (3)
2005
- High‐Frequency Contagion of Currency Crises in Asia
Asian Economic Journal, 2005, 19, (4), 357-381 View citations (14)
See also Working Paper High Frequency Contagion of Currency Crises in Asia, NBER Working Papers (2002) View citations (8) (2002)
- Interventions and Japanese economic recovery
International Economics and Economic Policy, 2005, 2, (2), 219-239 View citations (25)
See also Working Paper Interventions and Japanese Economic Recovery, Hi-Stat Discussion Paper Series (2005) View citations (25) (2005)
- 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 Japan Premium and Stock Prices: Two Mirrors of Japanese Banking Crises, NBER Working Papers (2000) View citations (14) (2000)
- 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
- Credit Derivatives Premium as a New Japan Premium
Journal of Money, Credit and Banking, 2004, 36, (5), 965-68 View citations (18)
- 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)
- 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)
- Origin and Contagion of Asian Financial Crises―Daily Data Analysis―
Economic Review, 2004, 55, (3), 204-216
2003
- Analysis of Foreign Exchange Intervention in Japan
Economic Review, 2003, 54, (2), 97-113
- How to Beat Deflation Take Action with Unconventional Monetary Policies
Japanese Economy, 2003, 31, (1), 7-13
- 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
- HIGH-RESOLUTION ANGLE-RESOLVED PHOTOEMISSION STUDY OFBaCo1-xNixS2
Surface Review and Letters (SRL), 2002, 09, (02), 1127-1132
- Impacts of the Basle Capital Standard on Japanese Banks' Behavior
Journal of the Japanese and International Economies, 2002, 16, (3), 372-397 View citations (44)
See also Working Paper Impacts of the Basle Capital Standard on Japanese Banks' Behavior, Discussion Paper Series (1998) View citations (10) (1998)
- On Japan's International Economic Policy with Emphasis on International Finance
Economic Review, 2002, 53, (1), 1-17
- 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 On the Desirability of a Regional Basket Currency Arrangement, NBER Working Papers (2000) View citations (42) (2000)
2001
- Macroeconomic implications of the new economy: commentary
Proceedings - Economic Policy Symposium - Jackson Hole, 2001, 269-277
- Race to the center: competition for the Nikkei 225 futures trade
Journal of Empirical Finance, 2001, 8, (3), 219-242 View citations (6)
1999
- Asian Currency Crises and the IMF
Economic Review, 1999, 50, (1), 68-93 View citations (2)
- EDITORIAL: Changes in the Editorship of the JJIE
Journal of the Japanese and International Economies, 1999, 13, (3), 153-153
- EDITORS' INTRODUCTION
Journal of the Japanese and International Economies, 1999, 13, (4), 255-256
- 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 (100)
See also Working Paper Heterogeneous Expectations and Tests of Efficiency in the Yen/Dollar Forward Exchange Rate Market, University of California at San Diego, Economics Working Paper Series (1998) (1998)
1998
- EDITORS' INTRODUCTION
Journal of the Japanese and International Economies, 1998, 12, (4), 251-255
- 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 How Did the Dollar Peg Fail in Asia?, NBER Working Papers (1999) View citations (14) (1999)
1997
- EDITORS' INTRODUCTION
Journal of the Japanese and International Economies, 1997, 11, (4), 437-439
- On Capital Flows to Emerging Markets―Lessons of the Mexican Peso Crisis, 1994-95―
Economic Review, 1997, 48, (4), 289-305
- 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 (12)
1996
- DEPOSIT GUARANTEES AND THE BURST OF THE JAPANESE BUBBLE ECONOMY
Contemporary Economic Policy, 1996, 14, (3), 41-52 View citations (3)
- Explaining Asset Bubbles in Japan
Monetary and Economic Studies, 1996, 14, (1), 143-193 View citations (19)
See also Working Paper Explaining Asset Bubbles in Japan, NBER Working Papers (1995) View citations (55) (1995)
- Japan and the Asian Economies: A 'Miracle' in Transition
Brookings Papers on Economic Activity, 1996, 27, (2), 205-272 View citations (11)
1995
- Masahiro Kawai: International Finance
Economic Review, 1995, 46, (3), 285-286
1994
- Do Bulls and Bears Move across Borders? International Transmission of Stock Returns and Volatility
The Review of Financial Studies, 1994, 7, (3), 507-38 View citations (473)
- Editors' Introduction
Journal of the Japanese and International Economies, 1994, 8, (4), 363-364
- 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 (20)
See also Working Paper Short-Run and Long-Run Expectationss of the Yen/Dollar Exchange Rate, Harvard Institute of Economic Research Working Papers (1993) (1993)
1993
- Editors' Introduction
Journal of the Japanese and International Economies, 1993, 7, (4), 323-328
- Efficiency of the Rice Futures Market in Osaka in the 18th Century
Economic Review, 1993, 44, (4), 339-350 View citations (6)
- Efficiency of the Tokyo Housing Market
Monetary and Economic Studies, 1993, 11, (1), 1-32 View citations (20)
See also Working Paper Efficiency of the Tokyo Housing Market, NBER Working Papers (1993) View citations (23) (1993)
- 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 News and the Dollar/Yen Exchange Rate, 1931-1933: The End of the Gold Standard, Imperialism, and the Great Depression, NBER Working Papers (1988) (1988)
- The Land/Housing Problem in Japan: A Macroeconomic Approach
Journal of the Japanese and International Economies, 1993, 7, (1), 1-31 View citations (3)
See also Working Paper The Land/ Housing Problem in Japan: A Macroeconomic Approach, Discussion Paper Series (1990) (1990)
1992
- Editors' introduction
Journal of the Japanese and International Economies, 1992, 6, (4), 309-311
- 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 (22)
- On the possibility of the yen bloc
Proceedings, 1992, (Sep)
Also in Proceedings, 1992, 317-361 (1992)
- 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 (42)
See also Working Paper Where Does the Meteor Shower Come From? The Role of Stochastic Policy Coordination, NBER Working Papers (1990) View citations (34) (1990)
1991
- 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 International Impacts on Domestic Political Economy: A Case of Japanese General Elections, NBER Working Papers (1990) View citations (2) (1990)
- Introduction
Journal of the Japanese and International Economies, 1991, 5, (4), 301-304
- 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)
- 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
- A Pre‐ and Post‐war Comparison of GNP Volatility
Economic Review, 1990, 41, (2), 149-156
- Foreign Exchange Rate Expectations: Micro Survey Data
American Economic Review, 1990, 80, (3), 434-49 View citations (288)
See also Working Paper Foreign Exchange Rate Expectations: Micro Survey Data, NBER Working Papers (1988) View citations (142) (1988)
- Meteor Showers or Heat Waves? Heteroskedastic Intra-daily Volatility in the Foreign Exchange Market
Econometrica, 1990, 58, (3), 525-42 View citations (604)
See also Working Paper METEOR SHOWERS OR HEAT WAGES? HETEROSKEDASTIC INTRA-DAILY VOLATILITY IN A THE FOREIGN EXCHANGE MARKET, Working Papers (1988) View citations (3) (1988)
- The timing of elections and political business cycles in Japan
Journal of Asian Economics, 1990, 1, (1), 135-156 View citations (35)
1989
- 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 Bonuses, Overtime, and Employment: Korea vs. Japan, NBER Working Papers (1989) View citations (3) (1989)
- Exchange Rate, Interst Rate Differential, and Current Account Balance--Simultaneous Determination in a Simple Open Macro Model--
Economic Review, 1989, 40, (3), 260-273
- 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)
- 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 (51)
See also Working Paper On the Consistency of Short-run and Long-run Exchange Rate Expectations, NBER Working Papers (1988) View citations (3) (1988)
1988
- 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 (62)
- Labor Contracts with Voluntary Quits
Journal of Labor Economics, 1988, 6, (1), 100-131 View citations (6)
- Political business cycles in the parliamentary system
Economics Letters, 1988, 27, (3), 233-238 View citations (19)
- 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
- 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 Use of (Time-Domain) Vector Autoregressions to Test Uncovered Interest Parity, NBER Working Papers (1984) View citations (5) (1984)
- Welfare Analysis of Budget Deficits and International Capital Flows
Economic Review, 1988, 39, (1), 40-49
1987
- 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)
- A note on long-term contracts
Economics Letters, 1987, 24, (1), 11-17
- 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 (119)
See also Working Paper News from the U. S. and Japan: Which Moves the Yen/Dollar Exchange Rate?, NBER Working Papers (1986) View citations (10) (1986)
- 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 (9)
1983
- Stability with regime switching
Journal of Economic Theory, 1983, 29, (1), 22-48 View citations (20)
- The incentive implications of incomplete insurance: The multiplicative case
Economics Letters, 1983, 13, (4), 319-323
1982
- Disequilibrium dynamics with monetarist price expectations
Economics Letters, 1982, 9, (1), 69-75 View citations (6)
1981
- Incomplete insurance and absolute risk aversion
Economics Letters, 1981, 8, (2), 107-112 View citations (4)
- Tests of the Equilibrium Hypothesis in Disequilibrium Econometrics: An International Comparison of Credit Rationing
International Economic Review, 1981, 22, (3), 691-708 View citations (22)
1980
- Disequilibrium growth theory
Journal of Economic Theory, 1980, 23, (3), 380-409 View citations (28)
- Methods of Estimation for Multi-Market Disequilibrium Models
Econometrica, 1980, 48, (1), 97-125 View citations (11)
1979
- A Filippov solution of a system of differential equations with discontinuous right-hand sides
Economics Letters, 1979, 4, (4), 349-354 View citations (18)
- 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
- A note on disequilibrium growth theory
Economics Letters, 1978, 1, (1), 45-49 View citations (7)
Also in Economics Letters, 1978, 1, (1), 21-25 (1978) View citations (7)
- A note on the positivity constraint in Olech's theorem
Journal of Economic Theory, 1978, 17, (2), 312-318 View citations (4)
Books
2018
- Managing Currency Risk
Books, Edward Elgar Publishing
2011
- Commodity Prices and Markets
NBER Books, National Bureau of Economic Research, Inc View citations (7)
2010
- The Economic Consequences of Demographic Change in East Asia
NBER Books, National Bureau of Economic Research, Inc View citations (70)
2009
- Development Economics through the Decades
World Bank Publications - Books, The World Bank Group View citations (12)
- Financial Globalization, 20th Anniversary Conference, NBER-TCER-CEPR
NBER Books, National Bureau of Economic Research, Inc
- Financial Sector Development in the Pacific Rim
NBER Books, National Bureau of Economic Research, Inc View citations (15)
2008
- 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 (12)
2007
- Fiscal Policy and Management in East Asia
NBER Books, National Bureau of Economic Research, Inc View citations (39)
2006
- International Finance (NBER-TCER-CEPR-University of Tokyo)
NBER Books, National Bureau of Economic Research, Inc
- Monetary Policy with Very Low Inflation in the Pacific Rim
NBER Books, National Bureau of Economic Research, Inc View citations (25)
2005
- International Trade in East Asia
NBER Books, National Bureau of Economic Research, Inc View citations (158)
2004
- Governance, Regulation, and Privatization in the Asia-Pacific Region
NBER Books, National Bureau of Economic Research, Inc View citations (11)
- Growth and Productivity in East Asia
NBER Books, National Bureau of Economic Research, Inc View citations (11)
2003
- Trade in Services in the Asia-Pacific Region
NBER Books, National Bureau of Economic Research, Inc View citations (40)
2001
- Financial Policy and Central Banking in Japan, vol 1
MIT Press Books, The MIT Press View citations (30)
- No More Bashing: Building a New Japan-United States Economic Relationship
Peterson Institute Press: All Books, Peterson Institute for International Economics View citations (8)
- Regional and Global Capital Flows: Macroeconomic Causes and Consequences
NBER Books, National Bureau of Economic Research, Inc View citations (89)
2000
- Deregulation and Interdependence in the Asia-Pacific Region
NBER Books, National Bureau of Economic Research, Inc View citations (7)
- The Role of Foreign Direct Investment in East Asian Economic Development
NBER Books, National Bureau of Economic Research, Inc View citations (67)
1999
- Changes in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues
NBER Books, National Bureau of Economic Research, Inc View citations (115)
- Competition Policy and Regulation (NBER-TCER-CEPR conference)
NBER Books, National Bureau of Economic Research, Inc
1998
- International Monetary Regime in the Twenty-First Century, (NBER-CEPR-TCER conference)
NBER Books, National Bureau of Economic Research, Inc
1997
- Purchasing Power Parity
NBER Books, National Bureau of Economic Research, Inc View citations (26)
- Regionalism versus Multilateral Trade Arrangements
NBER Books, National Bureau of Economic Research, Inc View citations (85)
- The Political Economy of Japanese Monetary Policy, vol 1
MIT Press Books, The MIT Press View citations (88)
1996
- Economic Agglomeration
NBER Books, National Bureau of Economic Research, Inc View citations (1)
- Financial Deregulation and Integration in East Asia
NBER Books, National Bureau of Economic Research, Inc View citations (217)
1995
- Economics of Transition
NBER Books, National Bureau of Economic Research, Inc View citations (2)
- Growth Theories in Light of the East Asian Experience
NBER Books, National Bureau of Economic Research, Inc View citations (110)
1994
- Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows
NBER Books, National Bureau of Economic Research, Inc View citations (164)
- Regionalism (NBER-TCER-CEPR)
NBER Books, National Bureau of Economic Research, Inc
1993
- International Comparison of the Financial System and Regulations (NBER-TCER-CEPR)
NBER Books, National Bureau of Economic Research, Inc
- Trade and Protectionism
NBER Books, National Bureau of Economic Research, Inc View citations (17)
1992
- Growth and Development: New Theory and Evidence
NBER Books, National Bureau of Economic Research, Inc
- The Political Economy of Tax Reform
NBER Books, National Bureau of Economic Research, Inc View citations (42)
1991
- Fiscal Policies in an Open Macro Economy
NBER Books, National Bureau of Economic Research, Inc
- The Japanese Economy, vol 1
MIT Press Books, The MIT Press View citations (32)
1990
- Corporate Finance and Related Issues: Comparative Perspectives
NBER Books, National Bureau of Economic Research, Inc
Edited books
2018
- Economic Stagnation in Japan
Books, Edward Elgar Publishing View citations (3)
2011
- Commodity Prices and Markets
National Bureau of Economic Research Books, University of Chicago Press View citations (36)
2010
- The Economic Consequences of Demographic Change in East Asia
National Bureau of Economic Research Books, University of Chicago Press View citations (11)
- The Rise of China and Structural Changes in Korea and Asia
Books, Edward Elgar Publishing View citations (5)
2009
- Financial Sector Development in the Pacific Rim
National Bureau of Economic Research Books, University of Chicago Press View citations (10)
2008
- Fiscal Policy and Management in East Asia
National Bureau of Economic Research Books, University of Chicago Press
- International Financial Issues in the Pacific Rim
National Bureau of Economic Research Books, University of Chicago Press View citations (9)
2007
- Regionalism versus Multilateral Trade Arrangements
National Bureau of Economic Research Books, University of Chicago Press View citations (1)
2006
- Monetary Policy with Very Low Inflation in the Pacific Rim
National Bureau of Economic Research Books, University of Chicago Press View citations (36)
2005
- A New Financial Market Structure for East Asia
Books, Edward Elgar Publishing View citations (16)
- International Trade in East Asia
National Bureau of Economic Research Books, University of Chicago Press View citations (154)
2004
- Governance, Regulation, and Privatization in the Asia-Pacific Region
National Bureau of Economic Research Books, University of Chicago Press View citations (11)
- Growth and Productivity in East Asia
National Bureau of Economic Research Books, University of Chicago Press View citations (28)
2003
- Trade in Services in the Asia-Pacific Region
National Bureau of Economic Research Books, University of Chicago Press View citations (39)
2001
- Regional and Global Capital Flows
National Bureau of Economic Research Books, University of Chicago Press View citations (40)
2000
- Deregulation and Interdependence in the Asia-Pacific Region
National Bureau of Economic Research Books, University of Chicago Press View citations (7)
- The Role of Foreign Direct Investment in East Asian Economic Development
National Bureau of Economic Research Books, University of Chicago Press View citations (64)
1999
- Changes in Exchange Rates in Rapidly Developing Countries
National Bureau of Economic Research Books, University of Chicago Press View citations (96)
1996
- Financial Deregulation and Integration in East Asia
National Bureau of Economic Research Books, University of Chicago Press View citations (213)
1995
- Growth Theories in Light of the East Asian Experience
National Bureau of Economic Research Books, University of Chicago Press View citations (94)
1994
- Macroeconomic Linkage
National Bureau of Economic Research Books, University of Chicago Press View citations (1)
1993
- Trade and Protectionism
National Bureau of Economic Research Books, University of Chicago Press View citations (44)
1992
- The Political Economy of Tax Reform
National Bureau of Economic Research Books, University of Chicago Press View citations (42)
Chapters
2018
- Introduction and overview
Chapter 1 in Economic Stagnation in Japan, 2018, pp 1-14
- 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
- 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
- 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
- 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
- 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
- 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 Great Inflation and Central Bank Independence in Japan, National Bureau of Economic Research, Inc (2010) (2010)
2011
- International Reserves and the Global Financial Crisis
A chapter in Global Financial Crisis, 2011 View citations (26)
See also Working Paper International Reserves and the Global Financial Crisis, National Bureau of Economic Research, Inc (2011) View citations (25) (2011) Journal Article International reserves and the global financial crisis, Elsevier (2012) View citations (121) (2012)
- 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
- 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
- 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
- Financial Globalization: Editor's Introduction
A chapter in Financial Globalization, 20th Anniversary Conference, NBER-TCER-CEPR, 2009
See also Journal Article Financial Globalization: Editor's Introduction, Elsevier (2009) (2009)
- 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
- Global imbalances: Origins, Consequences and Possible Resolutions
Chapter 7 in Central Banks as Economic Institutions, 2008
- 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 (11)
- 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 Price Impacts of Deals and Predictability of the Exchange Rate Movements, National Bureau of Economic Research, Inc (2006) View citations (6) (2006)
2007
- 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
- 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 (35)
- 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)
- 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 (59)
See also Working Paper Two Decades of Japanese Monetary Policy and the Deflation Problem, National Bureau of Economic Research, Inc (2004) View citations (50) (2004)
2005
- Introduction
A chapter in International Trade in East Asia, 2005, pp 1-6
- 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
- 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 (23)
See also Working Paper Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting?, National Bureau of Economic Research, Inc (2004) View citations (27) (2004)
- 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
- 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)
- The role of the yen in East Asia
Chapter 4 in East Asia's Monetary Future, 2004
2003
- 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)
- 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 Is Foreign Exchange Intervention Effective?: The Japanese Experiences in the 1990s, National Bureau of Economic Research, Inc (2002) View citations (65) (2002)
2001
- 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
- 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)
- 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)
- 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
- 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 Capital Flows in Asia, Institute of Economic Research, Hitotsubashi University (1999) View citations (32) (1999)
- 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)
- 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
- Capital Flows to East Asia
A chapter in International Capital Flows, 1999, pp 111-190 View citations (14)
- 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 (48)
See also Working Paper Economic Growth and Real Exchange Rate: An Overview of the Balassa-Samuelson Hypothesis in Asia, National Bureau of Economic Research, Inc (1997) View citations (77) (1997)
- 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 (19)
1997
- Introduction to "Regionalism versus Multilateral Trade Arrangements"
A chapter in Regionalism versus Multilateral Trade Arrangements, 1997, pp 1-8 View citations (5)
1996
- 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)
- 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 (50)
1994
- 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)
- 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)
- 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 (21)
See also Working Paper Price Volatility and Volume Spillovers between the Tokyo and New York Stock Markets, National Bureau of Economic Research, Inc (1993) View citations (16) (1993)
- Public Policies and Household Saving in Japan
A chapter in Public Policies and Household Saving, 1994, pp 133-160 View citations (5)
- 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
- Introduction to "Trade and Protectionism: NBER-East Asia Seminar on Economics, Volume 2"
A chapter in Trade and Protectionism, 1993, pp 1-3
- 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 U.S. Political Pressure and Economic Liberalization in East Asia, Institute of Economic Research, Hitotsubashi University (1992) (1992)
1992
- 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 (35)
See also Working Paper Bequest Taxes and Accumulation of Household Wealth: U.S. - Japan Comparison, National Bureau of Economic Research, Inc (1991) View citations (6) (1991)
- 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 (4)
1991
- 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 Is the Japanese Distribution System Really Inefficient?, National Bureau of Economic Research, Inc (1990) View citations (6) (1990)
Editor
- Asian Economic Policy Review
Japan Center for Economic Research
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