Details about Makoto Nakajima

Access statistics for papers by Makoto Nakajima.

Last updated 2022-06-08. Update your information in the RePEc Author Service.

Short-id: pna79

Working Papers

2021

1. Doves for the Rich, Hawks for the Poor? Distributional Consequences of Systematic Monetary Policy
   Opportunity and Inclusive Growth Institute Working Papers, Federal Reserve Bank of Minneapolis View citations (1)
   Also in ECONtribute Discussion Papers Series, University of Bonn and University of Cologne, Germany (2021) View citations (1)

2020

2. Capital Income Taxation with Housing
   Working Papers, Federal Reserve Bank of Philadelphia View citations (1)
   See also Journal Article in Journal of Economic Dynamics and Control (2020)

2019

3. Credit, Bankruptcy, and Aggregate Fluctuations
   Working Papers, Federal Reserve Bank of Philadelphia
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (7)
   Working Papers, Federal Reserve Bank of Philadelphia (2014) View citations (7)
   2015 Meeting Papers, Society for Economic Dynamics (2015)
4. Cyclical Labor Income Risk
   Working Papers, Federal Reserve Bank of Philadelphia View citations (5)
   Also in 2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (6)
   Opportunity and Inclusive Growth Institute Working Papers, Federal Reserve Bank of Minneapolis (2019)
5. Home Equity in Retirement
   Working Papers, Federal Reserve Bank of Philadelphia View citations (15)
   Also in NFI Working Papers, Indiana State University, Scott College of Business, Networks Financial Institute (2011) View citations (16)
   See also Journal Article in International Economic Review (2020)

2018

6. Medical Expenses and Saving in Retirement: The Case of U.S. and Sweden
   Opportunity and Inclusive Growth Institute Working Papers, Federal Reserve Bank of Minneapolis View citations (2)

2016

7. Assessing Bankruptcy Reform in a Model with Temptation and Equilibrium Default
   2016 Meeting Papers, Society for Economic Dynamics View citations (2)
   Also in Working Papers, Federal Reserve Bank of Philadelphia (2016) View citations (2)
   Working Papers, Federal Reserve Bank of Philadelphia (2015) View citations (2)
   See also Journal Article in Journal of Public Economics (2017)
8. Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) View citations (42)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (119)
9. Worker flows and job flows: a quantitative investigation
   Working Papers, Federal Reserve Bank of Philadelphia View citations (17)
   Also in Working Papers, Federal Reserve Bank of Philadelphia (2009) View citations (8)
   Working Papers, Federal Reserve Bank of Philadelphia (2013) View citations (6)
   See also Journal Article in Review of Economic Dynamics (2016)

2015

10. Health-care reform or labor market reform? A quantitative analysis of the affordable care act
    Working Papers, Federal Reserve Bank of Philadelphia
    Also in Research Working Paper, Federal Reserve Bank of Kansas City (2015) View citations (3)
    2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (4)

2014

11. Intergenerational Redistribution through Monetary Policy
    2014 Meeting Papers, Society for Economic Dynamics
12. Reverse mortgage loans: a quantitative analysis
    Working Papers, Federal Reserve Bank of Philadelphia View citations (5)
    Also in 2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (5)
    Working Papers, Federal Reserve Bank of Philadelphia (2013) View citations (6)
    See also Journal Article in Journal of Finance (2017)

2013

13. A tale of two commitments: equilibrium default and temptation
    Working Papers, Federal Reserve Bank of Philadelphia View citations (3)
14. Housing in Retirement Across Countries
    Working Papers, Center for Retirement Research at Boston College, Center for Retirement Research View citations (10)
15. Monetary Policy with Heterogeneous Agents
    2013 Meeting Papers, Society for Economic Dynamics
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2012) View citations (79)

2012

16. Housing in Retirement: A Cross-Country Analysis
    2012 Meeting Papers, Society for Economic Dynamics

2011

17. A Quantitative Analysis of Unemployment Benefit Extensions
    Global COE Hi-Stat Discussion Paper Series, Institute of Economic Research, Hitotsubashi University View citations (14)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2011) View citations (7)
    2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (8)
    See also Journal Article in Journal of Monetary Economics (2012)
18. Home equity withdrawal in retirement
    Working Papers, Federal Reserve Bank of Philadelphia View citations (9)
    Also in 2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (2)
19. Rising indebtedness and temptation: a welfare analysis
    Working Papers, Federal Reserve Bank of Philadelphia
    See also Journal Article in Quantitative Economics (2012)

2010

20. Business cycles in the equilibrium model of labor market search and self-insurance
    Working Papers, Federal Reserve Bank of Philadelphia View citations (12)
    See also Journal Article in International Economic Review (2012)
21. Optimal capital income taxation with housing
    Working Papers, Federal Reserve Bank of Philadelphia View citations (24)

2009

22. Equilibrium Default and Temptation
    2009 Meeting Papers, Society for Economic Dynamics
23. Rising indebtedness and hyperbolic discounting: a welfare analysis
    Working Papers, Federal Reserve Bank of Philadelphia

2007

24. A quantitative theory of unsecured consumer credit with risk of default
    Working Papers, Federal Reserve Bank of Philadelphia View citations (341)
    Also in Centro de Alti­simos Estudios Ri­os Pe©rez(CAERP), Centro de Altisimos Estudios Rios Perez (CAERP) (2002)
    See also Journal Article in Econometrica (2007)

2006

25. Business Cycles in the Equilibrium Model of Labor Search and Self-Insurance
    Computing in Economics and Finance 2006, Society for Computational Economics View citations (15)

2005

26. Rising Earnings Instability and Prices of Housing and Financial Assets
    2005 Meeting Papers, Society for Economic Dynamics View citations (3)

Journal Articles

2020

1. Baby Boomers vs. Millennials Through Monetary Policy?
   Economic Insights, 2020, 5, (4), 1-11
2. Capital income taxation with housing
   Journal of Economic Dynamics and Control, 2020, 115, (C) View citations (1)
   See also Working Paper (2020)
3. HOME EQUITY IN RETIREMENT
   International Economic Review, 2020, 61, (2), 573-616 View citations (10)
   See also Working Paper (2019)

2017

4. Assessing bankruptcy reform in a model with temptation and equilibrium default
   Journal of Public Economics, 2017, 145, (C), 42-64 View citations (10)
   See also Working Paper (2016)
5. Reverse Mortgage Loans: A Quantitative Analysis
   Journal of Finance, 2017, 72, (2), 911-950 View citations (44)
   See also Working Paper (2014)
6. Taxing The 1 Percent
   Economic Insights, 2017, 2, (2), 1-10

2016

7. Worker Flows and Job Flows: A Quantitative Investigation
   Review of Economic Dynamics, 2016, 22, 1-20 View citations (21)
   See also Software Item (2016)
   Working Paper (2016)

2015

8. The redistributive consequences of monetary policy
   Business Review, 2015, (Q2), 9-16 View citations (17)

2013

9. The diverse impacts of the great recession
   Business Review, 2013, (Q2), 17-29

2012

10. A quantitative analysis of unemployment benefit extensions
    Journal of Monetary Economics, 2012, 59, (7), 686-702 View citations (64)
    See also Working Paper (2011)
11. BUSINESS CYCLES IN THE EQUILIBRIUM MODEL OF LABOR MARKET SEARCH AND SELF‐INSURANCE
    International Economic Review, 2012, 53, (2), 399-432 View citations (26)
    See also Working Paper (2010)
12. Everything you always wanted to know about reverse mortgages but were afraid to ask
    Business Review, 2012, (Q1), 19-31 View citations (2)
13. Rising indebtedness and temptation: A welfare analysis
    Quantitative Economics, 2012, 3, (2), 257-288 View citations (20)
    See also Working Paper (2011)

2011

14. Understanding house-price dynamics
    Business Review, 2011, (Q2), 20-28 View citations (3)

2007

15. A Quantitative Theory of Unsecured Consumer Credit with Risk of Default
    Econometrica, 2007, 75, (6), 1525-1589 View citations (444)
    See also Working Paper (2007)

Chapters

2016

1. Housing and Saving in Retirement Across Countries
   Palgrave Macmillan View citations (4)

Software Items

2016

1. Code and data files for "Worker Flows and Job Flows: A Quantitative Investigation"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2016)