Details about Kiminori Matsuyama

E-mail:
Homepage:	https://faculty.wcas.northwestern.edu/~kmatsu/
Phone:	847-491-8490
Postal address:	Department of Economics Northwestern University 2211 Campus Drive, Evanston, IL 60208-2600, USA
Workplace:	Department of Economics, Northwestern University, (more information at EDIRC)

Access statistics for papers by Kiminori Matsuyama.

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

Short-id: pma143

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Working Papers

2024

1. Homothetic Non-CES Demand Systems with Applications to Monopolistic Competition
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2023

2. Love-for-Variety
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2022

3. A Technology-Gap Model of 'Premature' Deindustrialization
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
   Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2022) View citations (7)
   See also Journal Article A Technology-Gap Model of 'Premature' Deindustrialization, American Economic Review, American Economic Association (2024) View citations (1) (2024)
4. Competition and the Phillips Curve
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
5. Destabilizing Effects of Market Size in the Dynamics of Innovation
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
   Also in ULB Institutional Repository, ULB -- Universite Libre de Bruxelles (2022)
   See also Journal Article Destabilizing effects of market size in the dynamics of innovation, Journal of Economic Theory, Elsevier (2022) View citations (3) (2022)
6. Non-CES Aggregators: A Guided Tour
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article Non-CES Aggregators: A Guided Tour, Annual Review of Economics, Annual Reviews (2023) View citations (1) (2023)
7. Selection and Sorting of Heterogeneous Firms through Competitive Pressures
   CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (4)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)

2020

8. Constant Pass-Through
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
9. When Does Procompetitive Entry Imply Excessive Entry?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)

2019

10. Reconsidering the Market Size Effect in Innovation and Growth
    Working Papers ECARES, ULB -- Universite Libre de Bruxelles View citations (7)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (3)

2018

11. The Market Size Effect in Endogenous Growth Reconsidered
    Post-Print, HAL
    Also in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL (2018)
    Documents de travail du Centre d'Economie de la Sorbonne, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne (2018)

2017

12. 2D discontinuous piecewise linear map: Emergence of fashion cycles
    Working Papers, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini
13. Beyond CES: Three Alternative Classes of Flexible Homothetic Demand Systems
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (42)
    Also in HSE Working papers, National Research University Higher School of Economics (2017) View citations (39)
14. Engel's Law in the Global Economy: Demand-induced Patterns of Structural Change, Innovation, and Trade
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    See also Journal Article Engel's Law in the Global Economy: Demand‐Induced Patterns of Structural Change, Innovation, and Trade, Econometrica, Econometric Society (2019) View citations (23) (2019)
15. Geographical Advantage: Home Market Effect in a Multi-Region World
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (17)
    See also Journal Article Geographical advantage: Home market effect in a multi-region world, Research in Economics, Elsevier (2017) View citations (17) (2017)

2015

16. Globalization and synchronization of innovation cycles
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (4)
    Also in Gecomplexity Discussion Paper Series, Action IS1104 "The EU in the new complex geography of economic systems: models, tools and policy evaluation" (2015) View citations (2)
    Discussion Papers, Centre for Macroeconomics (CFM) (2014) View citations (3)
17. Revisiting the Model of Credit Cycles with Good and Bad Projects
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan
    Also in Gecomplexity Discussion Paper Series, Action IS1104 "The EU in the new complex geography of economic systems: models, tools and policy evaluation" (2015)
    See also Journal Article Revisiting the model of credit cycles with Good and Bad projects, Journal of Economic Theory, Elsevier (2016) View citations (37) (2016)
18. The Home Market Effect and Patterns of Trade between Rich and Poor Countries
    Discussion Papers, Centre for Macroeconomics (CFM) View citations (22)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (19)

2014

19. Chaos in a Model of Credit Cycles with Good and Bad Projects
    Working Papers, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini View citations (4)

2013

20. Institution-Induced Productivity Differences and Patterns of International Capital Flows
    Economics Series, Institute for Advanced Studies
    Also in Global COE Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University (2011)
    See also Journal Article INSTITUTION-INDUCED PRODUCTIVITY DIFFERENCES AND PATTERNS OF INTERNATIONAL CAPITAL FLOWS, Journal of the European Economic Association, European Economic Association (2014) View citations (4) (2014)

2010

21. Endogenous Ranking and Equilibrium Lorenz Curve Across (ex-ante) Identical Countries
    Global COE Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (1)
    Also in CCES Discussion Paper Series, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University (2010) View citations (1)
    See also Journal Article Endogenous Ranking and Equilibrium Lorenz Curve Across (ex ante) Identical Countries, Econometrica, Econometric Society (2013) View citations (19) (2013)

2007

22. A One-Sector Neoclassical Growth Model with Endogenous Retirement
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
    See also Journal Article A ONE‐SECTOR NEOCLASSICAL GROWTH MODEL WITH ENDOGENOUS RETIREMENT, The Japanese Economic Review, Japanese Economic Association (2008) View citations (17) (2008)
23. Aggregate Implications of Credit Market Imperfections
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (86)
    See also Chapter Aggregate Implications of Credit Market Imperfections, NBER Chapters, National Bureau of Economic Research, Inc (2008) View citations (52) (2008)

2005

24. Emergent Class Structure
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (13)
25. The 2005 Lawrence R. Klein Lecture: Emergent Class Structure
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (24)
    See also Journal Article THE 2005 LAWRENCE R. KLEIN LECTURE: EMERGENT CLASS STRUCTURE, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2006) View citations (25) (2006)

2004

26. Beyond Icebergs: Modeling Globalization as Biased Technical Change
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (1)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (2004) View citations (1)
27. Credit Market Imperfections and Patterns of International Trade and Capital Flows
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (2)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2004) View citations (2)
    See also Journal Article Credit Market Imperfections and Patterns of International Trade and Capital Flows, Journal of the European Economic Association, MIT Press (2005) View citations (144) (2005)
28. The Good, The Bad, and The Ugly: An Inquiry into the Causes and Nature of Credit Cycles
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (6)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (2004) View citations (5)
    See also Journal Article The good, the bad, and the ugly: An inquiry into the causes and nature of credit cycles, Theoretical Economics, Econometric Society (2013) View citations (49) (2013)

2002

29. A Neoclassical Growth Model with Endogenous Retirement
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
30. Explaining Diversity: Symmetry-Breaking in Complementarity Games
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (29)
    See also Journal Article Explaining Diversity: Symmetry-Breaking in Complementarity Games, American Economic Review, American Economic Association (2002) View citations (30) (2002)
31. Financial Market Globalization, Symmetry-Breaking, and Endogenous Inequality of Nations
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (1)
    See also Journal Article Financial Market Globalization, Symmetry-Breaking, and Endogenous Inequality of Nations, Econometrica, Econometric Society (2004) View citations (165) (2004)
32. Good and Bad Investment: An Inquiry into the Causes of Credit Cycles
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo View citations (2)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (2001) View citations (9)
33. On the Rise and Fall of Class Societies
    CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (2001) View citations (11)

2001

34. Financial Market Globalization and Endogenous Inequality of Nations
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (10)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (2000) View citations (6)

2000

35. The Rise of Mass Consumption Societies
    STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE View citations (2)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2000) View citations (2)
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1999) View citations (7)
    See also Journal Article The Rise of Mass Consumption Societies, Journal of Political Economy, University of Chicago Press (2002) View citations (150) (2002)

1999

36. A Ricardian Model with a Continuum of Goods under Non-homothetic Preferences: Demand Complementarities, Income Distribution, and North-South Trade
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (5)
    See also Journal Article A Ricardian Model with a Continuum of Goods under Nonhomothetic Preferences: Demand Complementarities, Income Distribution, and North-South Trade, Journal of Political Economy, University of Chicago Press (2000) View citations (203) (2000)
37. Geography of the World Economy
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (11)
38. Growing Through Cycles in an Infinitely -lived Agent Economy
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (92)
    See also Journal Article Growing through Cycles in an Infinitely Lived Agent Economy, Journal of Economic Theory, Elsevier (2001) View citations (54) (2001)
39. Playing Multiple Complementarity Games Simultaneously
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)

1998

40. Economic Development with Endogenous Retirement
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
41. Endogenous Inequality
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (2)
    See also Journal Article Endogenous Inequality, The Review of Economic Studies, Review of Economic Studies Ltd (2000) View citations (104) (2000)

1997

42. Complementarity
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (6)

1996

43. Efficiency and Equilibrium with Dynamic Increasing Aggregate Returns Due to Demand Complementarities
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)
    See also Journal Article Efficiency and Equilibrium with Dynamic Increasing Aggregate Returns Due to Demand Complementarities, Econometrica, Econometric Society (1999) View citations (14) (1999)
44. Efficiency and equilibrium with locally increasing aggregate returns due to demand complementarities
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra
45. Growing Through Cycles
    Economics Series, Institute for Advanced Studies View citations (3)
    Also in DELTA Working Papers, DELTA (Ecole normale supérieure) (1996)
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1996) View citations (3)
    See also Journal Article Growing Through Cycles, Econometrica, Econometric Society (1999) View citations (194) (1999)
46. Why Are There Rich and Poor Countries? Symmetry-Breaking in the World Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (53)
    See also Journal Article Why Are There Rich and Poor Countries? Symmetry-Breaking in the World Economy, Journal of the Japanese and International Economies, Elsevier (1996) View citations (48) (1996)

1995

47. Economic Development as Coordination Problems
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (10)
48. New Goods
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
49. Start-up costs and pecuniary externalities as barriers to economic development
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1992) View citations (6)
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1993) View citations (11)
    Working Papers, Stockholm - International Economic Studies (1993) View citations (4)
    NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (11)
    See also Journal Article Start-up costs and pecuniary externalities as barriers to economic development, Journal of Development Economics, Elsevier (1996) View citations (132) (1996)

1994

50. Complementaries and Cumulative Processes In Models of Monopolistic Competition
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)
    See also Journal Article Complementarities and Cumulative Processes in Models of Monopolistic Competition, Journal of Economic Literature, American Economic Association (1995) View citations (216) (1995)

1993

51. Custom versus fashion: path-dependence and limit cycles in a random matching game
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1991) View citations (10)
52. Modeling Complementarity in Monopolistic Competition
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (3)
    Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1993) View citations (9)
    See also Journal Article Modelling Complementarity in Monopolistic Competition, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (1993) View citations (9) (1993)
53. Modelling Complementary in Monopolistic Competition
    Working Papers, Stockholm - International Economic Studies View citations (3)
    See also Journal Article Modelling Complementarity in Monopolistic Competition, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (1993) View citations (9) (1993)
54. Self-Defeating Regional Concentration
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (15)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1993) View citations (7)
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1993) View citations (7)
    See also Journal Article Self-Defeating Regional Concentration, The Review of Economic Studies, Review of Economic Studies Ltd (1998) View citations (23) (1998)
55. Toward an Economic Theory of Pattern Formation
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science

1991

56. Agricultural Productivity, Comparative Advantage and Economic Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1990) View citations (52)
    See also Journal Article Agricultural productivity, comparative advantage, and economic growth, Journal of Economic Theory, Elsevier (1992) View citations (896) (1992)
57. An Approach to Equilibrium Selection
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (4)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1990) View citations (17)
    See also Journal Article An Approach to Equilibrium Selection, Journal of Economic Theory, Elsevier (1995) View citations (99) (1995)
58. Custom Versus Fashion: Hysteresis and Limit Cycles in a Random Matching Game
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (8)
59. Imperfect Competition
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
60. Toward a Theory of International Currency
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (3)
    See also Journal Article Toward a Theory of International Currency, The Review of Economic Studies, Review of Economic Studies Ltd (1993) View citations (96) (1993)
61. Toward a Theory of International Currency (Now published in Review of Economic Studies 60 (1993), pp.283-307.)
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE View citations (2)

1990

62. Increasing Returns, Industrialization and Indeterminacy of Equilibrium
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (43)
    See also Journal Article Increasing Returns, Industrialization, and Indeterminacy of Equilibrium, The Quarterly Journal of Economics, President and Fellows of Harvard College (1991) View citations (387) (1991)
63. The Mathematical Appendix to Residential Investment and the Current Account
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (12)

1989

64. Complicated Topological Structure of the Set of Equilibrium Prices
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)
65. Serial Correlation of Sunspot Equilibria (Rational Bubbles) in Two Popular Models of Monetary Economies
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science

1988

66. A Theory of Sectoral Adjustment
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (2)
67. Endogenous Price Fluctuations in an Optimizing Model of Monetary Economy
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (2)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1988) View citations (2)
    See also Journal Article Endogenous Price Fluctuations in an Optimizing Model of a Monetary Economy, Econometrica, Econometric Society (1991) View citations (56) (1991)

1987

68. Perfect Equilibria in a Trade Liberalization Game
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (13)
    See also Journal Article Perfect Equilibria in a Trade Liberalization Game, American Economic Review, American Economic Association (1990) View citations (79) (1990)

1986

69. Immiserizing Growth in Diamond's Overlapping Generations Model: AGeometrical Exposition
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)
    See also Journal Article Immiserizing Growth in Diamond's Overlapping Generations Model: A Geometrical Exposition, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1991) View citations (9) (1991)

Journal Articles

2024

1. A Technology-Gap Model of 'Premature' Deindustrialization
   American Economic Review, 2024, 114, (11), 3714-45 View citations (1)
   See also Working Paper A Technology-Gap Model of 'Premature' Deindustrialization, CEPR Discussion Papers (2022) View citations (5) (2022)

2023

2. Non-CES Aggregators: A Guided Tour
   Annual Review of Economics, 2023, 15, (1), 235-265 View citations (1)
   See also Working Paper Non-CES Aggregators: A Guided Tour, CEPR Discussion Papers (2022) (2022)

2022

3. Destabilizing effects of market size in the dynamics of innovation
   Journal of Economic Theory, 2022, 200, (C) View citations (3)
   See also Working Paper Destabilizing Effects of Market Size in the Dynamics of Innovation, CEPR Discussion Papers (2022) View citations (1) (2022)

2019

4. Dynamics of a generalized fashion cycle model
   Chaos, Solitons & Fractals, 2019, 126, (C), 135-147 View citations (3)
5. Engel's Law in the Global Economy: Demand‐Induced Patterns of Structural Change, Innovation, and Trade
   Econometrica, 2019, 87, (2), 497-528 View citations (23)
   See also Working Paper Engel's Law in the Global Economy: Demand-induced Patterns of Structural Change, Innovation, and Trade, CEPR Discussion Papers (2017) View citations (8) (2017)

2018

6. A piecewise linear model of credit traps and credit cycles: a complete characterization
   Decisions in Economics and Finance, 2018, 41, (2), 119-143 View citations (6)

2017

7. Geographical advantage: Home market effect in a multi-region world
   Research in Economics, 2017, 71, (4), 740-758 View citations (17)
   See also Working Paper Geographical Advantage: Home Market Effect in a Multi-Region World, CEPR Discussion Papers (2017) View citations (17) (2017)

2016

8. Revisiting the model of credit cycles with Good and Bad projects
   Journal of Economic Theory, 2016, 163, (C), 525-556 View citations (37)
   See also Working Paper Revisiting the Model of Credit Cycles with Good and Bad Projects, IMES Discussion Paper Series (2015) (2015)
9. Robust chaos in a credit cycle model defined by a one-dimensional piecewise smooth map
   Chaos, Solitons & Fractals, 2016, 91, (C), 299-309 View citations (6)

2014

10. Endogenous ranking and equilibrium Lorenz curve across (ex-ante) identical countries: A generalization
    Research in Economics, 2014, 68, (2), 95-111 View citations (5)
11. INSTITUTION-INDUCED PRODUCTIVITY DIFFERENCES AND PATTERNS OF INTERNATIONAL CAPITAL FLOWS
    Journal of the European Economic Association, 2014, 12, (1), 1-24 View citations (4)
    See also Working Paper Institution-Induced Productivity Differences and Patterns of International Capital Flows, Economics Series (2013) (2013)
12. Superstable credit cycles and U-sequence
    Chaos, Solitons & Fractals, 2014, 59, (C), 13-27 View citations (10)

2013

13. Endogenous Ranking and Equilibrium Lorenz Curve Across (ex ante) Identical Countries
    Econometrica, 2013, 81, (5), 2009-2031 View citations (19)
    See also Working Paper Endogenous Ranking and Equilibrium Lorenz Curve Across (ex-ante) Identical Countries, Global COE Hi-Stat Discussion Paper Series (2010) View citations (1) (2010)
14. The good, the bad, and the ugly: An inquiry into the causes and nature of credit cycles
    Theoretical Economics, 2013, 8, (3) View citations (49)
    See also Working Paper The Good, The Bad, and The Ugly: An Inquiry into the Causes and Nature of Credit Cycles, CIRJE F-Series (2004) View citations (6) (2004)

2011

15. Imperfect Credit Markets, Household Wealth Distribution, and Development
    Annual Review of Economics, 2011, 3, (1), 339-362 View citations (17)

2009

16. Structural Change in an Interdependent World: A Global View of Manufacturing Decline
    Journal of the European Economic Association, 2009, 7, (2-3), 478-486 View citations (146)

2008

17. A ONE‐SECTOR NEOCLASSICAL GROWTH MODEL WITH ENDOGENOUS RETIREMENT
    The Japanese Economic Review, 2008, 59, (2), 139-155 View citations (17)
    See also Working Paper A One-Sector Neoclassical Growth Model with Endogenous Retirement, CIRJE F-Series (2007) (2007)

2007

18. Beyond Icebergs: Towards a Theory of Biased Globalization
    The Review of Economic Studies, 2007, 74, (1), 237-253 View citations (116)
19. Credit Traps and Credit Cycles
    American Economic Review, 2007, 97, (1), 503-516 View citations (171)

2006

20. THE 2005 LAWRENCE R. KLEIN LECTURE: EMERGENT CLASS STRUCTURE
    International Economic Review, 2006, 47, (2), 327-360 View citations (25)
    See also Working Paper The 2005 Lawrence R. Klein Lecture: Emergent Class Structure, CIRJE F-Series (2005) View citations (24) (2005)

2005

21. Credit Market Imperfections and Patterns of International Trade and Capital Flows
    Journal of the European Economic Association, 2005, 3, (2-3), 714-723 View citations (144)
    See also Working Paper Credit Market Imperfections and Patterns of International Trade and Capital Flows, Discussion Papers (2004) View citations (2) (2004)

2004

22. Financial Market Globalization, Symmetry-Breaking, and Endogenous Inequality of Nations
    Econometrica, 2004, 72, (3), 853-884 View citations (165)
    See also Working Paper Financial Market Globalization, Symmetry-Breaking, and Endogenous Inequality of Nations, CIRJE F-Series (2002) View citations (1) (2002)

2002

23. Explaining Diversity: Symmetry-Breaking in Complementarity Games
    American Economic Review, 2002, 92, (2), 241-246 View citations (30)
    See also Working Paper Explaining Diversity: Symmetry-Breaking in Complementarity Games, Discussion Papers (2002) View citations (29) (2002)
24. The Rise of Mass Consumption Societies
    Journal of Political Economy, 2002, 110, (5), 1035-1070 View citations (150)
    See also Working Paper The Rise of Mass Consumption Societies, STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers (2000) View citations (2) (2000)

2001

25. Growing through Cycles in an Infinitely Lived Agent Economy
    Journal of Economic Theory, 2001, 100, (2), 220-234 View citations (54)
    See also Working Paper Growing Through Cycles in an Infinitely -lived Agent Economy, Discussion Papers (1999) View citations (92) (1999)

2000

26. A Ricardian Model with a Continuum of Goods under Nonhomothetic Preferences: Demand Complementarities, Income Distribution, and North-South Trade
    Journal of Political Economy, 2000, 108, (6), 1093-1120 View citations (203)
    See also Working Paper A Ricardian Model with a Continuum of Goods under Non-homothetic Preferences: Demand Complementarities, Income Distribution, and North-South Trade, Discussion Papers (1999) View citations (5) (1999)
27. Endogenous Inequality
    The Review of Economic Studies, 2000, 67, (4), 743-759 View citations (104)
    See also Working Paper Endogenous Inequality, Discussion Papers (1998) View citations (2) (1998)

1999

28. Efficiency and Equilibrium with Dynamic Increasing Aggregate Returns Due to Demand Complementarities
    Econometrica, 1999, 67, (3), 499-526 View citations (14)
    See also Working Paper Efficiency and Equilibrium with Dynamic Increasing Aggregate Returns Due to Demand Complementarities, Discussion Papers (1996) View citations (1) (1996)
29. Growing Through Cycles
    Econometrica, 1999, 67, (2), 335-348 View citations (194)
    See also Working Paper Growing Through Cycles, Economics Series (1996) View citations (3) (1996)

1998

30. Self-Defeating Regional Concentration
    The Review of Economic Studies, 1998, 65, (2), 211-234 View citations (23)
    See also Working Paper Self-Defeating Regional Concentration, Discussion Papers (1993) View citations (15) (1993)

1997

31. CREDIBILITY AND INTERTEMPORAL CONSISTENCY
    Macroeconomic Dynamics, 1997, 1, (3), 658-665 View citations (4)
32. Complementarity, Instability and Multiplicity
    The Japanese Economic Review, 1997, 48, (3), 240-265 View citations (15)

1996

33. Start-up costs and pecuniary externalities as barriers to economic development
    Journal of Development Economics, 1996, 49, (1), 33-59 View citations (132)
    See also Working Paper Start-up costs and pecuniary externalities as barriers to economic development, Economics Working Papers (1995) (1995)
34. Why Are There Rich and Poor Countries? Symmetry-Breaking in the World Economy
    Journal of the Japanese and International Economies, 1996, 10, (4), 419-439 View citations (48)
    See also Working Paper Why Are There Rich and Poor Countries? Symmetry-Breaking in the World Economy, NBER Working Papers (1996) View citations (53) (1996)

1995

35. An Approach to Equilibrium Selection
    Journal of Economic Theory, 1995, 65, (2), 415-434 View citations (99)
    See also Working Paper An Approach to Equilibrium Selection, Discussion Papers (1991) View citations (4) (1991)
36. Complementarities and Cumulative Processes in Models of Monopolistic Competition
    Journal of Economic Literature, 1995, 33, (2), 701-729 View citations (216)
    See also Working Paper Complementaries and Cumulative Processes In Models of Monopolistic Competition, Discussion Papers (1994) View citations (1) (1994)
37. Editors' Introduction
    Journal of the Japanese and International Economies, 1995, 9, (4), 327-329
38. New Goods, Market Formations, and Pitfalls of System Design
    Journal of the Japanese and International Economies, 1995, 9, (4), 376-402 View citations (7)

1993

39. Modelling Complementarity in Monopolistic Competition
    Monetary and Economic Studies, 1993, 11, (1), 87-108 View citations (9)
    See also Working Paper Modeling Complementarity in Monopolistic Competition, Discussion Papers (1993) View citations (3) (1993)
    Working Paper Modelling Complementary in Monopolistic Competition, Working Papers (1993) View citations (3) (1993)
40. Toward a Theory of International Currency
    The Review of Economic Studies, 1993, 60, (2), 283-307 View citations (96)
    See also Working Paper Toward a Theory of International Currency, Discussion Papers (1991) View citations (3) (1991)

1992

41. A Simple Model of Sectoral Adjustment
    The Review of Economic Studies, 1992, 59, (2), 375-387 View citations (70)
42. Agricultural productivity, comparative advantage, and economic growth
    Journal of Economic Theory, 1992, 58, (2), 317-334 View citations (896)
    See also Working Paper Agricultural Productivity, Comparative Advantage and Economic Growth, NBER Working Papers (1991) View citations (15) (1991)
43. Innovation and growth in the global economy: Gene M. Grossman and Elhanan Helpman, (The MIT Press, Cambridge, Mass., 1991) pp. xiv + 359, $34.95
    Journal of International Economics, 1992, 33, (3-4), 383-386
44. The market size, entrepreneurship, and the big push
    Journal of the Japanese and International Economies, 1992, 6, (4), 347-364 View citations (41)

1991

45. Endogenous Price Fluctuations in an Optimizing Model of a Monetary Economy
    Econometrica, 1991, 59, (6), 1617-31 View citations (56)
    See also Working Paper Endogenous Price Fluctuations in an Optimizing Model of Monetary Economy, Discussion Papers (1988) View citations (2) (1988)
46. Immiserizing Growth in Diamond's Overlapping Generations Model: A Geometrical Exposition
    International Economic Review, 1991, 32, (1), 251-62 View citations (9)
    See also Working Paper Immiserizing Growth in Diamond's Overlapping Generations Model: AGeometrical Exposition, Discussion Papers (1986) View citations (1) (1986)
47. Increasing Returns, Industrialization, and Indeterminacy of Equilibrium
    The Quarterly Journal of Economics, 1991, 106, (2), 617-650 View citations (387)
    See also Working Paper Increasing Returns, Industrialization and Indeterminacy of Equilibrium, Discussion Papers (1990) View citations (43) (1990)
48. On exchange-rate stabilization
    Journal of Economic Dynamics and Control, 1991, 15, (1), 7-26 View citations (6)

1990

49. Export Subsidies as an Outcome of the Management-Labor Conspiracy
    The Quarterly Journal of Economics, 1990, 105, (3), 803-813 View citations (9)
50. Perfect Equilibria in a Trade Liberalization Game
    American Economic Review, 1990, 80, (3), 480-92 View citations (79)
    See also Working Paper Perfect Equilibria in a Trade Liberalization Game, Discussion Papers (1987) View citations (13) (1987)
51. Residential investment and the current account
    Journal of International Economics, 1990, 28, (1-2), 137-153 View citations (28)
52. Sunspot equilibria (rational bubbles) in a model of money-in-the-utility-function
    Journal of Monetary Economics, 1990, 25, (1), 137-144 View citations (37)

1988

53. Life-cycle saving and comparative advantage in the long run
    Economics Letters, 1988, 28, (4), 375-379 View citations (6)
54. Terms-of-Trade, Factor Intensities and the Current Account in a Life-Cycle Model
    The Review of Economic Studies, 1988, 55, (2), 247-262 View citations (24)

1987

55. Current account dynamics in a finite horizon model
    Journal of International Economics, 1987, 23, (3-4), 299-313 View citations (65)
56. Game thoery in international economics: John McMillan, (Harwood Academic Publishers, Chur, 1986) pp. viii + 103, $28
    Journal of International Economics, 1987, 23, (3-4), 391-393

1985

57. Chernoff's dual axiom, revealed preference and weak rational choice functions
    Journal of Economic Theory, 1985, 35, (1), 155-165 View citations (1)

Books

1995

1. Economics of Transition
   NBER Books, National Bureau of Economic Research, Inc View citations (2)

Chapters

2008

1. Aggregate Implications of Credit Market Imperfections
   A chapter in NBER Macroeconomics Annual 2007, Volume 22, 2008, pp 1-60 View citations (52)
   See also Working Paper Aggregate Implications of Credit Market Imperfections, National Bureau of Economic Research, Inc (2007) View citations (86) (2007)