Details about Kazuo Nishimura

Homepage:	https://researchmap.jp/read0012591?lang=en229520e17560c007669.html?mode=pc
Workplace:	Institute of Economic Research, Kyoto University, (more information at EDIRC) Research Institute for Economics and Business Administration (RIEB), Kobe University, (more information at EDIRC)

Access statistics for papers by Kazuo Nishimura.

Last updated 2025-04-06. Update your information in the RePEc Author Service.

Short-id: pni197

---

Jump to Journal Articles Edited books Chapters Editor

Working Papers

2024

1. Expectations, beliefs and the business cycle: tracing back to the deep economic drivers
   Post-Print, HAL
   See also Journal Article Expectations, beliefs and the business cycle: tracing back to the deep economic drivers, Economic Theory, Springer (2025) (2025)
2. Knowledge-based structural change
   Post-Print, HAL
   Also in Working Papers, HAL (2021) View citations (1)
   AMSE Working Papers, Aix-Marseille School of Economics, France (2021)
   See also Journal Article Knowledge-based structural change, Economic Theory, Springer (2024) (2024)
3. Thought Types and the Formation of Abilities in Work and Learning (Japanese)
   Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2023

4. A Two Country Model of Trade with International Borrowing and Lending
   Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University
5. A dynamic theory of the Balassa-Samuelson effect: Why has the Japanese economy stagnated for over 30 years?
   AMSE Working Papers, Aix-Marseille School of Economics, France
   Also in Working Papers, HAL (2023)
6. Behavior Change and Prosocial Decision Making (Japanese)
   Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
7. Capital Account Liberalization, Financial Frictions, and Belief-Driven Fluctuations
   Discussion Paper Series, School of Economics, Kwansei Gakuin University
8. Destabilizing balanced-budget consumption taxes in multi-sector economies
   Working Papers, HAL
   Also in Working Papers, HAL (2012) View citations (1)
   AMSE Working Papers, Aix-Marseille School of Economics, France (2012) View citations (1)
   See also Journal Article Destabilizing balanced-budget consumption taxes in multi-sector economies, International Journal of Economic Theory, The International Society for Economic Theory (2013) View citations (18) (2013)
9. Expectations, beliefs and the business cycle: theoretical analysis
   Working Papers, HAL
   Also in AMSE Working Papers, Aix-Marseille School of Economics, France (2023)
10. Expectations, self-fulfilling prophecies and the business cycle
    AMSE Working Papers, Aix-Marseille School of Economics, France
    Also in Working Papers, HAL (2022)
11. Foreign Technology Adoption as a Flying Propeller
    NBER Working Papers, National Bureau of Economic Research, Inc
12. Medium term endogenous fluctuations in three-sector optimal growth models
    AMSE Working Papers, Aix-Marseille School of Economics, France
    Also in Working Papers, HAL (2022)
13. Public Spending as a Source of Endogenous Business Cycles in a Ramsey Model with Many Agents
    Working Papers, HAL
    Also in AMSE Working Papers, Aix-Marseille School of Economics, France (2013) View citations (3)
    Working Papers, HAL (2013) View citations (5)
    See also Journal Article PUBLIC SPENDING AS A SOURCE OF ENDOGENOUS BUSINESS CYCLES IN A RAMSEY MODEL WITH MANY AGENTS, Macroeconomic Dynamics, Cambridge University Press (2016) (2016)
14. Sunspot fluctuations in two-sector models: New results with additively separable preferences
    Working Papers, HAL
    Also in Working Papers, HAL (2015)
    AMSE Working Papers, Aix-Marseille School of Economics, France (2015)
    See also Journal Article Sunspot fluctuations in two-sector models: New results with additively separable preferences, International Journal of Economic Theory, The International Society for Economic Theory (2016) (2016)

2022

15. How Praise and Scolding Affect Children: An empirical study in Japan (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2021

16. Coase Meets Bellman: Dynamic Programming for Production Networks
    Papers, arXiv.org View citations (4)
    See also Journal Article Coase meets Bellman: Dynamic programming for production networks, Journal of Economic Theory, Elsevier (2021) View citations (2) (2021)
17. Trends in Science and Mathematics Education and Research and Development Capabilities in Japan (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
18. Trends in the Number of Patent Applications and Changes in the Curriculum Guidelines in Japan
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University View citations (1)

2020

19. A theory of heterogeneous city growth
    AMSE Working Papers, Aix-Marseille School of Economics, France
    Also in Post-Print, HAL (2020)
    Working Papers, HAL (2020)
    See also Journal Article A theory of heterogeneous city growth, International Journal of Economic Theory, The International Society for Economic Theory (2020) (2020)
20. Does Financial Development Amplify Sunspot Fluctuations?
    Discussion Paper Series, School of Economics, Kwansei Gakuin University
21. Flying or Trapped?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in 2019 Meeting Papers, Society for Economic Dynamics (2019)
    See also Journal Article Flying or trapped?, Economic Theory, Springer (2023) (2023)
22. Life and Work Satisfaction and the Ability to Change Behavior—An Empirical Study in Japan (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
23. Pollution, Human Capital, and Growth Cycles
    Discussion Paper Series, School of Economics, Kwansei Gakuin University
    See also Chapter Pollution, Human Capital, and Growth Cycles, Creative Economy, Springer (2021) (2021)

2019

24. Critical capital stock in a continuous time growth model with a convex-concave production function
    RIEEM Discussion Paper Series, Research Institute for Environmental Economics and Management, Waseda University View citations (1)
    Also in Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University (2015) View citations (4)
25. Existence of an optimal path in a continuous-time nonconcave Ramsey model
    RIEEM Discussion Paper Series, Research Institute for Environmental Economics and Management, Waseda University View citations (1)
26. Growth and Public Debt: What Are the Relevant Trade‐Offs?
    Post-Print, HAL View citations (9)
    Also in AMSE Working Papers, Aix-Marseille School of Economics, France (2015) View citations (6)
    Working Papers, HAL (2015) View citations (6)
    See also Journal Article Growth and Public Debt: What Are the Relevant Trade‐Offs?, Journal of Money, Credit and Banking, Blackwell Publishing (2019) View citations (11) (2019)
27. Optimal steady state of an economic dynamics model with a nonconcave production function
    RIEEM Discussion Paper Series, Research Institute for Environmental Economics and Management, Waseda University View citations (3)
28. Productive Consumption Hypothesis and a Two-Sector Model of Economic Development
    Keio-IES Discussion Paper Series, Institute for Economics Studies, Keio University

2018

29. Non-Balanced Endogenous Growth and Structural Change: When Romer Meets Kaldor and Kuznets
    AMSE Working Papers, Aix-Marseille School of Economics, France View citations (2)
    Also in Working Papers, HAL (2018) View citations (2)
30. Well-being and self-determination: an empirical study in Japan (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2017

31. Introduction (Chapter1)
    Post-Print, HAL
32. Introduction to international financial markets and banking systems crises
    Post-Print, HAL View citations (4)
    Also in AMSE Working Papers, Aix-Marseille School of Economics, France (2016)
    See also Journal Article Introduction to international financial markets and banking systems crises, Journal of Mathematical Economics, Elsevier (2017) View citations (4) (2017)
33. Sunspot Fluctuations in Two-Sector Models with Variable Income Effects
    Post-Print, HAL View citations (4)
    Also in AMSE Working Papers, Aix-Marseille School of Economics, France (2015)
    Working Papers, HAL (2015) View citations (1)
    See also Chapter Sunspot Fluctuations in Two-Sector Models with Variable Income Effects, Studies in Economic Theory, Springer (2017) View citations (4) (2017)
34. Sunspots and Non-Linear Dynamics – Essays in honor of Jean-Michel Grandmont
    Post-Print, HAL View citations (1)

2016

35. Parenting Methods, Sense of Ethics, Happiness Quotient, and Income Creation:Empirical research in Japan (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2015

36. Child-rearing Methods and Their Effect on Performance in the Labor Market: Empirical research in Japan (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
37. Fiscal policy, debt constraint and expectations-driven volatility
    Post-Print, HAL View citations (18)
    Also in Working Papers, HAL (2014)
    AMSE Working Papers, Aix-Marseille School of Economics, France (2014)
    See also Journal Article Fiscal policy, debt constraint and expectations-driven volatility, Journal of Mathematical Economics, Elsevier (2015) View citations (20) (2015)
38. Indeterminacy and Sunspots in Two-Sector RBC Models with Generalized No-Income-Effect Preferences
    Working Papers, HAL View citations (18)
    Also in Post-Print, HAL (2015) View citations (17)
    AMSE Working Papers, Aix-Marseille School of Economics, France (2015) View citations (24)
    See also Journal Article Indeterminacy and sunspots in two-sector RBC models with generalized no-income-effect preferences, Journal of Economic Theory, Elsevier (2015) View citations (27) (2015)
39. Indeterminacy in a Model with Production Externality and Inferiority in Consumption
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University
    See also Journal Article Indeterminacy in a model with production externality and inferiority in consumption, International Journal of Economic Theory, The International Society for Economic Theory (2022) View citations (1) (2022)
40. Introduction to Financial Frictions and Debt Constraints
    AMSE Working Papers, Aix-Marseille School of Economics, France View citations (12)
    Also in Post-Print, HAL (2015) View citations (8)
    See also Journal Article Introduction to financial frictions and debt constraints, Journal of Mathematical Economics, Elsevier (2015) View citations (10) (2015)
41. On the (De)Stabilizing Effect of Public Debt in a Ramsey Model with Heterogeneous Agents
    Post-Print, HAL View citations (8)
    Also in Working Papers, HAL (2014)
    AMSE Working Papers, Aix-Marseille School of Economics, France (2014)
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University (2014)
    See also Journal Article On the (de)stabilizing effect of public debt in a Ramsey model with heterogeneous agents, International Journal of Economic Theory, The International Society for Economic Theory (2015) View citations (7) (2015)

2014

42. Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
    Post-Print, HAL View citations (6)
    Also in AMSE Working Papers, Aix-Marseille School of Economics, France (2013)
    Working Papers, HAL (2013)
    See also Journal Article Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model, Economic Theory, Springer (2014) View citations (6) (2014)
43. Fundamental Morals and Social Success (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)

2013

44. A Comparative Analysis of the Diversification of University Admissions Systems: A labor market-based assessment (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
45. Indeterminacy and Sunspot Fluctuations in Two-Sector RBC models: Theory and Calibration
    Working Papers, HAL
    Also in Working Papers, HAL (2013)
    AMSE Working Papers, Aix-Marseille School of Economics, France (2009)
46. Local indeterminacy in continuous-time models: the role of returns to scale
    Post-Print, HAL View citations (8)
    Also in Working Papers, HAL (2008) View citations (4)
    See also Journal Article LOCAL INDETERMINACY IN CONTINUOUS-TIME MODELS: THE ROLE OF RETURNS TO SCALE, Macroeconomic Dynamics, Cambridge University Press (2013) View citations (8) (2013)

2012

47. Coase meets Tarski: New Insights from Coase's Theory of the Firm
    KIER Working Papers, Kyoto University, Institute of Economic Research View citations (3)
48. The Dynamic Heckscher-Ohlin Model: A diagrammatic analysis
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (16)
    See also Journal Article The dynamic Heckscher–Ohlin model: A diagrammatic analysis, International Journal of Economic Theory, The International Society for Economic Theory (2012) View citations (16) (2012)
49. The Impact on Employment of Science Learning in High School: Evidence from income data of university graduates in employment (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2011

50. Comparing Annual Incomes of Science Graduates and Arts Graduates: Results of an Analysis based on JHPS Data (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)
51. Monotonicity and Continuity of the Critical Capital Stock in the Dechert-Nishimura Model
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University View citations (20)
    See also Journal Article Monotonicity and continuity of the critical capital stock in the Dechert–Nishimura model, Journal of Mathematical Economics, Elsevier (2011) View citations (18) (2011)
52. Poverty Trap and Inferior Goods in a Dynamic Heckscher-Ohlin Model
    KIER Working Papers, Kyoto University, Institute of Economic Research View citations (2)
    See also Journal Article POVERTY TRAPS AND INFERIOR GOODS IN A DYNAMIC HECKSCHER–OHLIN MODEL, Macroeconomic Dynamics, Cambridge University Press (2013) View citations (4) (2013)

2010

53. Indeterminacy and expectation-driven uctuations with non-separable preferences
    KIER Working Papers, Kyoto University, Institute of Economic Research View citations (1)
    See also Journal Article Indeterminacy and expectation-driven fluctuations with non-separable preferences, Mathematical Social Sciences, Elsevier (2010) View citations (14) (2010)

2009

54. A Dynamic Two Country Heckscher-Ohlin Model with Non-Homothetic Preferences
    KIER Working Papers, Kyoto University, Institute of Economic Research View citations (2)
    See also Journal Article A dynamic two country Heckscher–Ohlin model with non-homothetic preferences, Economic Theory, Springer (2011) View citations (18) (2011)
55. Indeterminacy and business-cycle fluctuations in a two-sector monetary economy with externalities
    Working Papers, HAL
56. Multiple equilibria in two-sector monetary economies: an interplay between preferences and the timing for money
    Working Papers, HAL
    See also Journal Article Multiple equilibria in two-sector monetary economies: An interplay between preferences and the timing for money, Journal of Mathematical Economics, Elsevier (2010) View citations (6) (2010)

2008

57. Characterization of Equilibrium Paths in a Two-Sector Economy with CES Production Functions and Sector-Specific Externality
    Working Papers, HAL
    See also Chapter Characterization of Equilibrium Paths in a Two-Sector Economy with CES Production Functions and Sector-Specific Externality, Springer Books, Springer (2009) (2009)
58. Equilibrium Cycles in a Two-Sector Economy with Sector Specific Externality
    Working Papers, HAL
59. Global Externalities, Endogenous Growth and Sunspot fluctuations
    Working Papers, HAL View citations (1)
    See also Chapter Global Externalities, Endogenous Growth and Sunspot Fluctuations, Springer Books, Springer (2012) (2012)
60. Indeterminacy in aggregate models with small externalities: an interplay between preferences and technology
    Working Papers, HAL View citations (15)
61. Macroeconomic volatility and welfare loss under free-trade in two-country models
    Working Papers, HAL View citations (1)
62. Optimal growth and competitive equilibrium business cycles under decreasing returns in two-country models
    Working Papers, HAL View citations (1)
    See also Journal Article Optimal Growth and Competitive Equilibrium Business Cycles under Decreasing Returns in Two‐Country Models*, Review of International Economics, Wiley Blackwell (2009) View citations (5) (2009)

2007

63. EQUILIBRIUM STORAGE WITH MULTIPLE COMMODITIES
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
    See also Journal Article Equilibrium storage with multiple commodities, Journal of Mathematical Economics, Elsevier (2009) View citations (5) (2009)
64. INTERTEMPORAL SUBSTITUTION IN CONSUMPTION, LABOR SUPPLY ELASTICITY AND SUNSPOT FLUCTUATIONS IN CONTINUOUS-TIME MODELS
    Working Papers, HAL View citations (14)
    Also in Post-Print, HAL (2007) View citations (19)
    See also Journal Article Intertemporal substitution in consumption, labor supply elasticity and sunspot fluctuations in continuous‐time models, International Journal of Economic Theory, The International Society for Economic Theory (2007) View citations (21) (2007)

2006

65. A two-country dynamic model of international trade and endogenous growth: multiple balanced growth paths and stability
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University View citations (1)
    See also Journal Article A two-country dynamic model of international trade and endogenous growth: Multiple balanced growth paths and stability, Journal of Mathematical Economics, Elsevier (2007) View citations (5) (2007)
66. Capital-labor substitution and indeterminacy in continuous-time two-sector models
    Working Papers, HAL View citations (1)
67. ENDOGENOUS FLUCTUATIONS IN TWO-COUNTRY MODELS
    Post-Print, HAL View citations (6)
    See also Journal Article ENDOGENOUS FLUCTUATIONS IN TWO‐COUNTRY MODELS*, The Japanese Economic Review, Japanese Economic Association (2006) View citations (8) (2006)
68. Endogenous Fluctuations in Two-Sector Models: Role of Preferences
    Post-Print, HAL View citations (5)
    See also Journal Article Endogenous Fluctuations in Two-Sector Models: Role of Preferences, Journal of Optimization Theory and Applications, Springer (2006) View citations (3) (2006)
69. Handbook on optimal growth (volume 1)
    Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL View citations (16)
    Also in Post-Print, HAL (2006) View citations (4)
70. Indeterminacy in discrete-time infinite-horizon models
    Working Papers, HAL View citations (6)
    See also Chapter Indeterminacy in Discrete-Time Infinite-Horizon Models, Springer Books, Springer (2006) View citations (4) (2006)
71. Stochastic Optimal Policies When the Discout Rate Vanishes
    KIER Working Papers, Kyoto University, Institute of Economic Research
    See also Journal Article Stochastic optimal policies when the discount rate vanishes, Journal of Economic Dynamics and Control, Elsevier (2007) View citations (3) (2007)

2005

72. Equilibrium Dynamics in Discrete-Time Endogenous Growth Models with Social Constant Returns
    Discussion Papers in Economics and Business, Osaka University, Graduate School of Economics View citations (4)
    See also Journal Article Equilibrium dynamics in discrete-time endogenous growth models with social constant returns, Economic Theory, Springer (2008) View citations (16) (2008)

2004

73. Intertemporal Complementarity and Optimality: A Study of a Two-Dimensional Dynamical System
    Econometric Society 2004 Far Eastern Meetings, Econometric Society View citations (3)
    Also in Working Papers, Cornell University, Center for Analytic Economics (2002)
    See also Chapter Intertemporal Complementarity and Optimality: A Study of a Two-Dimensional Dynamical System, Springer Books, Springer (2012) (2012)
    Journal Article INTERTEMPORAL COMPLEMENTARITY AND OPTIMALITY: A STUDY OF A TWO-DIMENSIONAL DYNAMICAL SYSTEM, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2005) View citations (12) (2005)
74. STOCHASTIC GROWTH WITH NONCONVEXITIES:THE OPTIMAL CASE
    Department of Economics - Working Papers Series, The University of Melbourne
75. Stochastic Optimal Growth when the Discount Rate Vanishes
    Department of Economics - Working Papers Series, The University of Melbourne

2001

76. Trade and Indeterminacy in a Dynamic General Equilibrium Model
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University View citations (4)
    See also Chapter Trade and Indeterminacy in a Dynamic General Equilibrium Model, Springer Books, Springer (2012) (2012)
    Journal Article Trade and Indeterminacy in a Dynamic General Equilibrium Model, Journal of Economic Theory, Elsevier (2002) View citations (83) (2002)

2000

77. Dynamical Systems Arising from Infinite Time Horizon Optimization Models
    G.R.E.Q.A.M., Universite Aix-Marseille III View citations (1)

1999

78. Indeterminacy and Cycles in Two-Sector Discrete-Time Models
    G.R.E.Q.A.M., Universite Aix-Marseille III View citations (7)
    See also Journal Article Indeterminacy and cycles in two-sector discrete-time model, Economic Theory, Springer (2002) View citations (15) (2002)
79. Indeterminancy in a Dynamic Heckscher-Ohlin Model
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University

1997

80. Chaotic Equilibria in a Small Open Overlapping Generations Economy with Child-Parent Externality
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University
    See also Journal Article Chaotic Equilibria in a Small, Open, Overlapping-Generations Economy with Child-Parent Externality, Review of International Economics, Wiley Blackwell (1999) (1999)

1996

81. Endogenous Growth, Trade, and Specialization under Variable Returns to Scale: The Case of Small Open Economy
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University View citations (1)
82. Indeterminancy and Sunspots with Constant Returns
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (3)
    See also Chapter Indeterminacy and Sunspots with Constant Returns, Springer Books, Springer (2012) (2012)
    Journal Article Indeterminacy and Sunspots with Constant Returns, Journal of Economic Theory, Elsevier (1998) View citations (181) (1998)
83. The Existence of a Threshold in a Small Open Economy with Non-Convex Technology
    Discussion Paper Series, Research Institute for Economics & Business Administration, Kobe University

1990

84. ENDOGENOUS FERTILITY AND GROWTH
    Working Papers, C.V. Starr Center for Applied Economics, New York University
    Also in Working Papers, Australian National University - Department of Economics (1990)
85. PAY-AS-YOU-GO PUBLIC PENSIONS WITH ENDOGENOUS FERTILITY
    Working Papers, Australian National University - Department of Economics View citations (56)
    See also Journal Article Pay-as-you-go public pensions with endogenous fertility, Journal of Public Economics, Elsevier (1992) View citations (81) (1992)

1988

86. ENDOGENOUS FLUCTUATIONS IN THE BARRO-BECKER THEORY OF FERTILITY
    Working Papers, C.V. Starr Center for Applied Economics, New York University

1987

87. Global Equilibrium Dynamics with Stationary Recursive Preferences
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (5)
    See also Journal Article Global equilibrium dynamics with stationary recursive preferences, Journal of Economic Behavior & Organization, Elsevier (1987) View citations (3) (1987)
88. Stochastic Equilibrium Oscillations
    Working Papers, C.V. Starr Center for Applied Economics, New York University
    See also Journal Article Stochastic Equilibrium Oscillations, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1989) View citations (17) (1989)

1986

89. The Dynamics of Efficient Intertemporal Allocations With Many Agents, Recursive Preferences and Production
    Working Papers, C.V. Starr Center for Applied Economics, New York University View citations (1)
    See also Journal Article The dynamics of efficient intertemporal allocations with many agents, recursive preferences, and production, Journal of Economic Theory, Elsevier (1988) View citations (8) (1988)

1984

90. Stochastic Equilibrium Cycles
    Working Papers, C.V. Starr Center for Applied Economics, New York University

1983

91. Competitive Equilibrium Cycles
    Working Papers, C.V. Starr Center for Applied Economics, New York University
    See also Chapter Competitive Equilibrium Cycles, Springer Books, Springer (2012) (2012)
    Journal Article Competitive equilibrium cycles, Journal of Economic Theory, Elsevier (1985) View citations (148) (1985)
92. Sufficient Conditions for the Existence of Periodic Cycles in Discrete-Time Intertemporal Optimization Models and Applications to Optimal Growth and the Adjustment-Cost Theory of Investment
    Working Papers, C.V. Starr Center for Applied Economics, New York University

Journal Articles

2025

1. Expectations, beliefs and the business cycle: tracing back to the deep economic drivers
   Economic Theory, 2025, 79, (1), 89-149
   See also Working Paper Expectations, beliefs and the business cycle: tracing back to the deep economic drivers, Post-Print (2024) (2024)

2024

2. Knowledge-based structural change
   Economic Theory, 2024, 78, (4), 1333-1388
   See also Working Paper Knowledge-based structural change, Post-Print (2024) (2024)

2023

3. Flying or trapped?
   Economic Theory, 2023, 75, (2), 341-388
   See also Working Paper Flying or Trapped?, NBER Working Papers (2020) View citations (1) (2020)
4. Parenting methods in relation to norm awareness, social success, and perspectives of family in adulthood
   Journal of Computational Social Science, 2023, 6, (2), 1193-1214

2022

5. Indeterminacy in a model with production externality and inferiority in consumption
   International Journal of Economic Theory, 2022, 18, (4), 607-623 View citations (1)
   See also Working Paper Indeterminacy in a Model with Production Externality and Inferiority in Consumption, Discussion Paper Series (2015) (2015)
6. Introduction to the special issue in honor of William Thomson
   International Journal of Economic Theory, 2022, 18, (1), 3-5
7. Japan’s R&D capabilities have been decimated by reduced class hours for science and math subjects
   Palgrave Communications, 2022, 9, (1), 1-9 View citations (1)

2021

8. Coase meets Bellman: Dynamic programming for production networks
   Journal of Economic Theory, 2021, 196, (C) View citations (2)
   See also Working Paper Coase Meets Bellman: Dynamic Programming for Production Networks, Papers (2021) View citations (4) (2021)
9. Externalities of human capital
   Mathematical Social Sciences, 2021, 112, (C), 145-158 View citations (4)
10. Introduction
    International Journal of Economic Theory, 2021, 17, (1), 3-5
11. Time preference and international trade
    International Journal of Economic Theory, 2021, 17, (1), 31-45 View citations (1)

2020

12. A theory of heterogeneous city growth
    International Journal of Economic Theory, 2020, 16, (1), 27-37
    See also Working Paper A theory of heterogeneous city growth, AMSE Working Papers (2020) (2020)
13. Introduction
    International Journal of Economic Theory, 2020, 16, (1), 3-5 View citations (2)

2019

14. Endogenous business cycles in a perpetual youth model with financial market imperfections**
    International Journal of Economic Theory, 2019, 15, (3), 231-248 View citations (1)
15. Growth and Public Debt: What Are the Relevant Trade‐Offs?
    Journal of Money, Credit and Banking, 2019, 51, (2-3), 655-682 View citations (11)
    See also Working Paper Growth and Public Debt: What Are the Relevant Trade‐Offs?, Post-Print (2019) View citations (9) (2019)
16. Happiness and Self-Determination – An Empirical Study in Japan
    Review of Behavioral Economics, 2019, 6, (4), 312–346
17. Hopf bifurcation and the existence and stability of closed orbits in three-sector models of optimal endogenous growth
    Studies in Nonlinear Dynamics & Econometrics, 2019, 23, (4), 21 View citations (2)
18. In Memoriam: Professor Tapan Mitra
    International Journal of Economic Theory, 2019, 15, (3), 229-229
19. Introduction
    International Journal of Economic Theory, 2019, 15, (1), 3-8
20. Trade and indeterminacy revisited
    International Journal of Economic Theory, 2019, 15, (1), 37-51 View citations (2)
21. Two-sided altruism and time inconsistency
    Studies in Nonlinear Dynamics & Econometrics, 2019, 23, (4), 10 View citations (1)

2018

22. Finance and Economic Growth in a Dynamic Game
    Dynamic Games and Applications, 2018, 8, (3), 588-600 View citations (4)
23. Introduction
    International Journal of Economic Theory, 2018, 14, (1), 3-8
24. Span of control, transaction costs and the structure of production chains
    Theoretical Economics, 2018, 13, (2) View citations (14)
25. Specializations, financial constraints, and income distribution
    International Review of Economics & Finance, 2018, 56, (C), 3-14 View citations (1)

2017

26. Global convergence in an overlapping generations model with two-sided altruism
    Journal of Evolutionary Economics, 2017, 27, (5), 1205-1220 View citations (3)
27. Introduction
    International Journal of Economic Theory, 2017, 13, (1), 3-3
28. Introduction to international financial markets and banking systems crises
    Journal of Mathematical Economics, 2017, 68, (C), 87-91 View citations (4)
    See also Working Paper Introduction to international financial markets and banking systems crises, Post-Print (2017) View citations (4) (2017)

2016

29. Introduction
    International Journal of Economic Theory, 2016, 12, (1), 3-5
30. PUBLIC SPENDING AS A SOURCE OF ENDOGENOUS BUSINESS CYCLES IN A RAMSEY MODEL WITH MANY AGENTS
    Macroeconomic Dynamics, 2016, 20, (2), 504-524
    See also Working Paper Public Spending as a Source of Endogenous Business Cycles in a Ramsey Model with Many Agents, Working Papers (2023) (2023)
31. Sunspot fluctuations in two-sector models: New results with additively separable preferences
    International Journal of Economic Theory, 2016, 12, (1), 67-83
    See also Working Paper Sunspot fluctuations in two-sector models: New results with additively separable preferences, Working Papers (2023) (2023)

2015

32. Fiscal policy, debt constraint and expectations-driven volatility
    Journal of Mathematical Economics, 2015, 61, (C), 305-316 View citations (20)
    See also Working Paper Fiscal policy, debt constraint and expectations-driven volatility, Post-Print (2015) View citations (18) (2015)
33. Indeterminacy and sunspots in two-sector RBC models with generalized no-income-effect preferences
    Journal of Economic Theory, 2015, 157, (C), 1056-1080 View citations (27)
    See also Working Paper Indeterminacy and Sunspots in Two-Sector RBC Models with Generalized No-Income-Effect Preferences, Working Papers (2015) View citations (18) (2015)
34. Introduction to financial frictions and debt constraints
    Journal of Mathematical Economics, 2015, 61, (C), 271-275 View citations (10)
    See also Working Paper Introduction to Financial Frictions and Debt Constraints, AMSE Working Papers (2015) View citations (12) (2015)
35. Market quality, trade and dynamics: A special issue in honor of Makoto Yano
    International Journal of Economic Theory, 2015, 11, (1), 1-5 View citations (1)
36. On the (de)stabilizing effect of public debt in a Ramsey model with heterogeneous agents
    International Journal of Economic Theory, 2015, 11, (1), 7-24 View citations (7)
    See also Working Paper On the (De)Stabilizing Effect of Public Debt in a Ramsey Model with Heterogeneous Agents, Post-Print (2015) View citations (8) (2015)

2014

37. Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
    Economic Theory, 2014, 55, (2), 357-392 View citations (6)
    See also Working Paper Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model, Post-Print (2014) View citations (6) (2014)
38. Dynamic two-country Heckscher–Ohlin model with externality
    International Journal of Economic Theory, 2014, 10, (1), 53-74 View citations (11)
39. Wilfred J. Ethier on trade and trade policy
    International Journal of Economic Theory, 2014, 10, (1), 1-7

2013

40. Destabilizing balanced-budget consumption taxes in multi-sector economies
    International Journal of Economic Theory, 2013, 9, (1), 113-130 View citations (18)
    See also Working Paper Destabilizing balanced-budget consumption taxes in multi-sector economies, Working Papers (2023) (2023)
41. Family Expansion and Capital Accumulation of a Dynasty
    Studies in Microeconomics, 2013, 1, (2), 221-234
42. LOCAL INDETERMINACY IN CONTINUOUS-TIME MODELS: THE ROLE OF RETURNS TO SCALE
    Macroeconomic Dynamics, 2013, 17, (2), 326-355 View citations (8)
    See also Working Paper Local indeterminacy in continuous-time models: the role of returns to scale, Post-Print (2013) View citations (8) (2013)
43. Macroeconomic dynamics and its micro foundation: A special issue in honor of Cuong Le Van
    International Journal of Economic Theory, 2013, 9, (1), 1-3
44. Mathematics & Science Education and Income: An Empirical Study in Japan
    Journal of Reviews on Global Economics, 2013, 2, 1-8
45. POVERTY TRAPS AND INFERIOR GOODS IN A DYNAMIC HECKSCHER–OHLIN MODEL
    Macroeconomic Dynamics, 2013, 17, (6), 1227-1251 View citations (4)
    See also Working Paper Poverty Trap and Inferior Goods in a Dynamic Heckscher-Ohlin Model, KIER Working Papers (2011) View citations (2) (2011)

2012

46. Legacy of Lionel McKenzie, 1
    International Journal of Economic Theory, 2012, 8, (1), 1-7 View citations (1)
47. Legacy of Lionel McKenzie, 2
    International Journal of Economic Theory, 2012, 8, (2), 115-123
48. The dynamic Heckscher–Ohlin model: A diagrammatic analysis
    International Journal of Economic Theory, 2012, 8, (2), 197-211 View citations (16)
    See also Working Paper The Dynamic Heckscher-Ohlin Model: A diagrammatic analysis, Discussion papers (2012) View citations (16) (2012)

2011

49. A Dynamic Heckscher-Ohlin Model and Inferior Goods
    Asia-Pacific Journal of Accounting & Economics, 2011, 18, (3), 217-236 View citations (1)
50. A dynamic two country Heckscher–Ohlin model with non-homothetic preferences
    Economic Theory, 2011, 48, (1), 171-204 View citations (18)
    See also Working Paper A Dynamic Two Country Heckscher-Ohlin Model with Non-Homothetic Preferences, KIER Working Papers (2009) View citations (2) (2009)
51. Ability to stop thinking and strategy choice in dilemma games
    International Journal of Economic Theory, 2011, 7, (1), 133-146
52. Introduction
    International Journal of Economic Theory, 2011, 7, (1), 1-6
53. Monotonicity and continuity of the critical capital stock in the Dechert–Nishimura model
    Journal of Mathematical Economics, 2011, 47, (6), 677-682 View citations (18)
    See also Working Paper Monotonicity and Continuity of the Critical Capital Stock in the Dechert-Nishimura Model, Discussion Paper Series (2011) View citations (20) (2011)
54. The effects of home bias in a model of endogenous growth
    International Journal of Development and Conflict, 2011, 1, (3), 339-354

2010

55. Economics according to Tapan Mitra: An introduction
    International Journal of Economic Theory, 2010, 6, (1), 1-10
56. Expectation‐driven fluctuations and welfare loss under free trade in two‐country models
    International Journal of Economic Theory, 2010, 6, (1), 97-125 View citations (12)
57. Indeterminacy and expectation-driven fluctuations with non-separable preferences
    Mathematical Social Sciences, 2010, 60, (1), 46-56 View citations (14)
    See also Working Paper Indeterminacy and expectation-driven uctuations with non-separable preferences, KIER Working Papers (2010) View citations (1) (2010)
58. Multiple equilibria in two-sector monetary economies: An interplay between preferences and the timing for money
    Journal of Mathematical Economics, 2010, 46, (6), 997-1014 View citations (6)
    See also Working Paper Multiple equilibria in two-sector monetary economies: an interplay between preferences and the timing for money, Working Papers (2009) (2009)
59. Perfect simulation of stationary equilibria
    Journal of Economic Dynamics and Control, 2010, 34, (4), 577-584 View citations (8)

2009

60. Equilibrium storage with multiple commodities
    Journal of Mathematical Economics, 2009, 45, (1-2), 80-96 View citations (5)
    See also Working Paper EQUILIBRIUM STORAGE WITH MULTIPLE COMMODITIES, CAMA Working Papers (2007) (2007)
61. Homoclinic bifurcation and global indeterminacy of equilibrium in a two‐sector endogenous growth model
    International Journal of Economic Theory, 2009, 5, (1), 25-47 View citations (23)
    See also Chapter Homoclinic Bifurcation and Global Indeterminacy of Equilibrium in a Two-Sector Endogenous Growth Model, Springer Books, 2012, 427-451 (2012) View citations (1) (2012)
62. Introduction
    International Journal of Economic Theory, 2009, 5, (1), 1-7
63. On geometric ergodicity of the commodity pricing model
    International Journal of Economic Theory, 2009, 5, (3), 293-300
64. Optimal Growth and Competitive Equilibrium Business Cycles under Decreasing Returns in Two‐Country Models*
    Review of International Economics, 2009, 17, (2), 371-391 View citations (5)
    See also Working Paper Optimal growth and competitive equilibrium business cycles under decreasing returns in two-country models, Working Papers (2008) View citations (1) (2008)

2008

65. Bifurcation and sunspots in the continuous time equilibrium model with capacity utilization
    International Journal of Economic Theory, 2008, 4, (2), 337-355 View citations (22)
66. Equilibrium dynamics in discrete-time endogenous growth models with social constant returns
    Economic Theory, 2008, 34, (1), 1-23 View citations (16)
    See also Working Paper Equilibrium Dynamics in Discrete-Time Endogenous Growth Models with Social Constant Returns, Discussion Papers in Economics and Business (2005) View citations (4) (2005)
67. Introduction
    International Journal of Economic Theory, 2008, 4, (2), 135-136
68. On Professor Takashi Negishi's contributions to economic theory
    International Journal of Economic Theory, 2008, 4, (2), 137-149
69. Special Issue on Nonlinear Macroeconomic Dynamics Introduction
    International Journal of Economic Theory, 2008, 4, (1), 1-2 View citations (2)
70. Time preference and two‐country trade
    International Journal of Economic Theory, 2008, 4, (1), 29-52 View citations (7)

2007

71. A two-country dynamic model of international trade and endogenous growth: Multiple balanced growth paths and stability
    Journal of Mathematical Economics, 2007, 43, (3-4), 390-419 View citations (5)
    See also Working Paper A two-country dynamic model of international trade and endogenous growth: multiple balanced growth paths and stability, Discussion Paper Series (2006) View citations (1) (2006)
72. Indeterminacy in discrete-time infinite-horizon models with non-linear utility and endogenous labor
    Journal of Mathematical Economics, 2007, 43, (3-4), 446-476 View citations (18)
    See also Chapter Indeterminacy in Discrete-Time Infinite-Horizon Models with Non-linear Utility and Endogenous Labor, Springer Books, 2012, 363-400 (2012) (2012)
73. Instability and fluctuations in intertemporal equilibrium models: Presentation
    Journal of Mathematical Economics, 2007, 43, (3-4), 231-235 View citations (2)
74. Intertemporal substitution in consumption, labor supply elasticity and sunspot fluctuations in continuous‐time models
    International Journal of Economic Theory, 2007, 3, (4), 235-259 View citations (21)
    See also Working Paper INTERTEMPORAL SUBSTITUTION IN CONSUMPTION, LABOR SUPPLY ELASTICITY AND SUNSPOT FLUCTUATIONS IN CONTINUOUS-TIME MODELS, Working Papers (2007) View citations (14) (2007)
75. School Choice and the Intergenerational Poverty Trap
    Review of Development Economics, 2007, 11, (2), 412-420 View citations (5)
76. Stochastic optimal policies when the discount rate vanishes
    Journal of Economic Dynamics and Control, 2007, 31, (4), 1416-1430 View citations (3)
    See also Working Paper Stochastic Optimal Policies When the Discout Rate Vanishes, KIER Working Papers (2006) (2006)

2006

77. DUALITY WITH SECTOR‐SPECIFIC EXTERNALITIES UNDER SOCIAL CONSTANT RETURNS*
    The Japanese Economic Review, 2006, 57, (4), 467-475 View citations (2)
78. ENDOGENOUS FLUCTUATIONS IN TWO‐COUNTRY MODELS*
    The Japanese Economic Review, 2006, 57, (4), 516-532 View citations (8)
    See also Working Paper ENDOGENOUS FLUCTUATIONS IN TWO-COUNTRY MODELS, Post-Print (2006) View citations (6) (2006)
79. Endogenous Fluctuations in Two-Sector Models: Role of Preferences
    Journal of Optimization Theory and Applications, 2006, 128, (2), 309-331 View citations (3)
    See also Working Paper Endogenous Fluctuations in Two-Sector Models: Role of Preferences, Post-Print (2006) View citations (5) (2006)
80. Foreword to the Symposium
    Economic Theory, 2006, 29, (2), 249-250
81. INTRODUCTION
    The Japanese Economic Review, 2006, 57, (4), 455-456
82. Indeterminacy in a dynamic two-country model
    Economic Theory, 2006, 29, (2), 307-324 View citations (26)
83. Intertemporally dependent preferences and optimal dynamic behavior
    International Journal of Economic Theory, 2006, 2, (2), 77-104
84. Introduction
    International Journal of Economic Theory, 2006, 2, (3‐4), 171-173
85. PARENTS’ EDUCATIONAL BACKGROUND, SUBJECTS “GOOD‐AT” IN SCHOOL AND INCOME: AN EMPIRICAL STUDY*
    The Japanese Economic Review, 2006, 57, (4), 533-546 View citations (2)
86. Stochastic optimal growth with nonconvexities
    Journal of Mathematical Economics, 2006, 42, (1), 74-96 View citations (16)
    See also Chapter Stochastic Optimal Growth with Nonconvexities, Springer Books, 2012, 261-288 (2012) (2012)
87. Sunspots and Hopf bifurcations in continuous time endogenous growth models
    International Journal of Economic Theory, 2006, 2, (3‐4), 199-216 View citations (14)

2005

88. Capital accumulation games with a non-concave production function
    Journal of Economic Behavior & Organization, 2005, 57, (4), 408-420 View citations (16)
89. INTERTEMPORAL COMPLEMENTARITY AND OPTIMALITY: A STUDY OF A TWO-DIMENSIONAL DYNAMICAL SYSTEM
    International Economic Review, 2005, 46, (1), 93-131 View citations (12)
    See also Working Paper Intertemporal Complementarity and Optimality: A Study of a Two-Dimensional Dynamical System, Econometric Society 2004 Far Eastern Meetings (2004) View citations (3) (2004)
    Chapter Intertemporal Complementarity and Optimality: A Study of a Two-Dimensional Dynamical System, Springer Books, 2012, 195-233 (2012) (2012)
90. Production externalities and local dynamics in discrete‐time multi‐sector growth models with general production technologies
    International Journal of Economic Theory, 2005, 1, (4), 299-312 View citations (2)
91. Stability of stochastic optimal growth models: a new approach
    Journal of Economic Theory, 2005, 122, (1), 100-118 View citations (57)
    See also Chapter Stability of Stochastic Optimal Growth Models: A New Approach, Springer Books, 2012, 289-307 (2012) (2012)

2004

92. Asymmetric Factor Substitutability and Indeterminacy
    Journal of Economics, 2004, 83, (2), 125-150 View citations (2)
93. INDETERMINACY AND THE ROLE OF FACTOR SUBSTITUTABILITY
    Macroeconomic Dynamics, 2004, 8, (4), 436-465 View citations (19)
94. Working and Training: A Nonlinear Dynamic Analysis of Human Capital Development
    The Japanese Economic Review, 2004, 55, (2), 119-140 View citations (1)

2002

95. Indeterminacy and cycles in two-sector discrete-time model
    Economic Theory, 2002, 20, (2), 217-235 View citations (15)
    See also Working Paper Indeterminacy and Cycles in Two-Sector Discrete-Time Models, G.R.E.Q.A.M. (1999) View citations (7) (1999)
96. Indeterminacy in a dynamic small open economy
    Journal of Economic Dynamics and Control, 2002, 27, (2), 271-281 View citations (22)
97. Intersectoral Externalities and Indeterminacy
    Journal of Economic Theory, 2002, 105, (1), 140-157 View citations (17)
98. Trade and Indeterminacy in a Dynamic General Equilibrium Model
    Journal of Economic Theory, 2002, 105, (1), 244-260 View citations (83)
    See also Chapter Trade and Indeterminacy in a Dynamic General Equilibrium Model, Springer Books, 2012, 347-361 (2012) (2012)
    Working Paper Trade and Indeterminacy in a Dynamic General Equilibrium Model, Discussion Paper Series (2001) View citations (4) (2001)

2001

99. Chaotic Equilibrium Dynamics in Endogenous Growth Models
    Journal of Economic Theory, 2001, 96, (1-2), 97-132 View citations (36)
100. Discounting and Long-Run Behavior: Global Bifurcation Analysis of a Family of Dynamical Systems
     Journal of Economic Theory, 2001, 96, (1-2), 256-293 View citations (18)
101. Equilibrium Growth and Nonlinear Dynamics in Continuous‐Time Models
     The Japanese Economic Review, 2001, 52, (1), 1-19 View citations (2)
102. Introduction to Intertemporal Equilibrium Theory: Indeterminacy, Bifurcations, and Stability
     Journal of Economic Theory, 2001, 96, (1-2), 1-12 View citations (12)

2000

103. Indeterminacy under Constant Returns to Scale in Multisector Economies
     Econometrica, 2000, 68, (6), 1541-1548 View citations (116)
     See also Chapter Indeterminacy Under Constant Returns to Scale in Multisector Economies, Springer Books, 2012, 403-412 (2012) (2012)

1999

104. 1998 JEA–Nakahara Prize: Announcement
     The Japanese Economic Review, 1999, 50, (1), 25-25
105. Chaotic Equilibria in a Small, Open, Overlapping-Generations Economy with Child-Parent Externality
     Review of International Economics, 1999, 7, (3), 484-92
     See also Working Paper Chaotic Equilibria in a Small Open Overlapping Generations Economy with Child-Parent Externality, Discussion Paper Series (1997) (1997)
106. Indeterminacy Arising in Multi-sector Economies
     The Japanese Economic Review, 1999, 50, (4), 485-506 View citations (4)
107. Introduction
     The Japanese Economic Review, 1999, 50, (4), 369-370 View citations (1)
108. Markov Perfect Equilibria for a classof capital accumulation games
     Annals of Operations Research, 1999, 89, 215-230 View citations (2)
109. Nonlinear dynamics in the Cournot modelwithout full information
     Annals of Operations Research, 1999, 89, 165-173 View citations (12)
110. Non‐linear Dynamics in the Infinite Time Horizon Model
     Journal of Economic Surveys, 1999, 13, (5), 619-652
     See also Chapter Non-linear Dynamics in the Infinite Time Horizon Model, Springer Books, 2012, 13-47 (2012) (2012)
111. On the existence of chaotic solutions in dynamic linear programming1This paper is a part of Keynote address entitled Nonlinear Dynamics and Economic Cycles delivered by Kazuo Nishimura at the International Congress on Modelling and Simulation held in Hobart, Australia (December 8–11, 1997) in which he gave a survey of earlier works he had done with Makoto Yano and other authors on the nonlinear dynamics in the field of optimal growth.1
     Mathematics and Computers in Simulation (MATCOM), 1999, 48, (4), 487-496
112. Transboundary Pollution in a Dynamic Game Model
     The Japanese Economic Review, 1999, 50, (4), 443-456 View citations (10)

1998

113. Indeterminacy and Sunspots with Constant Returns
     Journal of Economic Theory, 1998, 81, (1), 58-96 View citations (181)
     See also Working Paper Indeterminancy and Sunspots with Constant Returns, Working Papers (1996) View citations (3) (1996)
     Chapter Indeterminacy and Sunspots with Constant Returns, Springer Books, 2012, 311-346 (2012) (2012)
114. Interior Optimal Chaos with Arbitrarily Low Discount Rates
     The Japanese Economic Review, 1998, 49, (3), 223-233 View citations (8)
115. The role of capital depreciation in multi-sectoral models
     Journal of Economic Behavior & Organization, 1998, 33, (3-4), 467-479 View citations (17)

1996

116. On the Least Upper Bound of Discount Factors That Are Compatible with Optimal Period-Three Cycles
     Journal of Economic Theory, 1996, 69, (2), 306-333 View citations (26)
     See also Chapter On the Least Upper Bound of Discount Factors that are Compatible with Optimal Period-Three Cycles, Springer Books, 2012, 165-191 (2012) (2012)
117. Optimal Cycles and Chaos: A Survey
     Studies in Nonlinear Dynamics & Econometrics, 1996, 1, (1), 20 View citations (16)

1995

118. Durable capital and chaos in competitive business cycles
     Journal of Economic Behavior & Organization, 1995, 27, (2), 165-181 View citations (5)
119. External debt cycles
     Structural Change and Economic Dynamics, 1995, 6, (2), 215-236 View citations (5)
120. Nonlinear Dynamics and Chaos in Optimal Growth: An Example
     Econometrica, 1995, 63, (4), 981-1001 View citations (68)
     See also Chapter Non-linear Dynamics and Chaos in Optimal Growth: An Example, Springer Books, 2012, 127-150 (2012) (2012)
121. Sustainable Plans of Social Security with Endogenous Fertility
     Oxford Economic Papers, 1995, 47, (1), 182-94 View citations (18)

1994

122. Ergodic Chaos in Optimal Growth Models with Low Discount Rates
     Economic Theory, 1994, 4, (5), 705-17 View citations (32)
123. Optimal Chaos, Nonlinearity and Feasibility Conditions
     Economic Theory, 1994, 4, (5), 689-704 View citations (16)
124. Social capital as a public good and an oscillatory behaviour
     Ricerche Economiche, 1994, 48, (3), 185-193 View citations (1)

1993

125. Interlinkage in the Endogenous Real Business Cycles of International Economies
     Economic Theory, 1993, 3, (1), 151-68 View citations (18)
     See also Chapter Interlinkage in the Endogenous Real Business Cycles of International Economies, Springer Books, 2012, 97-124 (2012) (2012)
126. The old-age security hypothesis revisited
     Journal of Development Economics, 1993, 41, (1), 191-202 View citations (35)

1992

127. Pay-as-you-go public pensions with endogenous fertility
     Journal of Public Economics, 1992, 48, (2), 239-258 View citations (81)
     See also Working Paper PAY-AS-YOU-GO PUBLIC PENSIONS WITH ENDOGENOUS FERTILITY, Working Papers (1990) View citations (56) (1990)

1989

128. Stochastic Equilibrium Oscillations
     International Economic Review, 1989, 30, (1), 85-102 View citations (17)
     See also Working Paper Stochastic Equilibrium Oscillations, Working Papers (1987) (1987)

1988

129. The dynamics of efficient intertemporal allocations with many agents, recursive preferences, and production
     Journal of Economic Theory, 1988, 44, (2), 301-320 View citations (8)
     See also Working Paper The Dynamics of Efficient Intertemporal Allocations With Many Agents, Recursive Preferences and Production, Working Papers (1986) View citations (1) (1986)

1987

130. Global equilibrium dynamics with stationary recursive preferences
     Journal of Economic Behavior & Organization, 1987, 8, (3), 429-452 View citations (3)
     See also Working Paper Global Equilibrium Dynamics with Stationary Recursive Preferences, Working Papers (1987) View citations (5) (1987)

1985

131. Competitive equilibrium cycles
     Journal of Economic Theory, 1985, 35, (2), 284-306 View citations (148)
     See also Chapter Competitive Equilibrium Cycles, Springer Books, 2012, 75-96 (2012) (2012)
     Working Paper Competitive Equilibrium Cycles, Working Papers (1983) (1983)

1983

132. A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
     Journal of Economic Theory, 1983, 31, (2), 332-354 View citations (193)
     See also Chapter A Complete Characterization of Optimal Growth Paths in an Aggregated Model with a Non-Concave Production Function, Springer Books, 2012, 237-257 (2012) View citations (2) (2012)
133. Optimal Development Strategies in a Labor-Surplus Economy with Increasing Returns: Is Industrialization Desirable at All?
     Environment and Planning A, 1983, 15, (9), 1151-1159

1981

134. Existence of Nash Equilibrium in n Person Games without Quasi-Concavity
     International Economic Review, 1981, 22, (3), 637-48 View citations (22)
135. Kuhn's Intensity Hypothesis Revisited
     The Review of Economic Studies, 1981, 48, (2), 351-354 View citations (1)
136. Stability of Equilibrium in Dynamic Models of Capital Theory
     International Economic Review, 1981, 22, (2), 275-93 View citations (22)
137. The Exclusion of Boundary Equilibria [Two Remarks on the Number of Equilibria of an Economy]
     International Economic Review, 1981, 22, (2), 475

1980

138. On the shape of the single-country and world commodity-substitution and factor-substitution surfaces under conditions of joint production
     Journal of International Economics, 1980, 10, (3), 395-404 View citations (1)

1979

139. On the Uniqueness of Steady States in an Economy with Heterogeneous Capital Goods
     International Economic Review, 1979, 20, (1), 59-82 View citations (11)
140. On the uniqueness theorems by Arrow and Hahn
     Journal of Economic Theory, 1979, 21, (2), 348-352 View citations (2)
141. The hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth
     Journal of Economic Theory, 1979, 21, (3), 421-444 View citations (165)
     See also Chapter The Hopf Bifurcation and Existence and Stability of Closed Orbits in Multisector Models of Optimal Economic Growth, Springer Books, 2012, 51-73 (2012) (2012)

1978

142. A Further Remark on the Number of Equilibria of an Economy [Two Remarks on the Number of Equilibria of an Economy]
     International Economic Review, 1978, 19, (3), 679-85 View citations (2)

Edited books

2021

1. Creative Complex Systems
   Creative Economy, Springer

2017

2. Sunspots and Non-Linear Dynamics
   Studies in Economic Theory, Springer View citations (14)

2006

3. Handbook on Optimal Growth 1
   Springer Books, Springer View citations (90)

Chapters

2024

1. Correction to: David Pines and Me
   Springer

2022

2. Education Policy and Behavioral Change in Science Learning—An Empirical Analysis Based on Japanese Data
   Springer
3. Life and Workplace Satisfaction and Behaviour Change Ability—An Empirical Study in Japan
   Springer

2021

4. David Pines and Me
   Springer
5. Pollution, Human Capital, and Growth Cycles
   Springer
   See also Working Paper Pollution, Human Capital, and Growth Cycles, School of Economics, Kwansei Gakuin University (2020) (2020)
6. Productive Consumption in a Two-Sector Model of Economic Development
   Springer
7. Time and Mnemonic Morphism
   Springer

2017

8. Homoclinic Orbit and Stationary Sunspot Equilibrium in a Three-Dimensional Continuous-Time Model with a Predetermined Variable
   Springer
9. Introduction
   Springer
10. Sunspot Fluctuations in Two-Sector Models with Variable Income Effects
    Springer View citations (4)
    See also Working Paper Sunspot Fluctuations in Two-Sector Models with Variable Income Effects, HAL (2017) View citations (4) (2017)

2012

11. A Complete Characterization of Optimal Growth Paths in an Aggregated Model with a Non-Concave Production Function
    Springer View citations (2)
    See also Journal Article A complete characterization of optimal growth paths in an aggregated model with a non-concave production function, Elsevier (1983) View citations (193) (1983)
12. Chaotic Solutions in Dynamic Linear Programming
    Springer
13. Competitive Equilibrium Cycles
    Springer
    See also Journal Article Competitive equilibrium cycles, Elsevier (1985) View citations (148) (1985)
    Working Paper Competitive Equilibrium Cycles, C.V. Starr Center for Applied Economics, New York University (1983) (1983)
14. Global Externalities, Endogenous Growth and Sunspot Fluctuations
    Springer
    See also Working Paper Global Externalities, Endogenous Growth and Sunspot fluctuations, HAL (2008) View citations (1) (2008)
15. Homoclinic Bifurcation and Global Indeterminacy of Equilibrium in a Two-Sector Endogenous Growth Model
    Springer View citations (1)
    See also Journal Article Homoclinic bifurcation and global indeterminacy of equilibrium in a two‐sector endogenous growth model, The International Society for Economic Theory (2009) View citations (23) (2009)
16. Indeterminacy Under Constant Returns to Scale in Multisector Economies
    Springer
    See also Journal Article Indeterminacy under Constant Returns to Scale in Multisector Economies, Econometric Society (2000) View citations (116) (2000)
17. Indeterminacy and Sunspots with Constant Returns
    Springer
    See also Journal Article Indeterminacy and Sunspots with Constant Returns, Elsevier (1998) View citations (181) (1998)
    Working Paper Indeterminancy and Sunspots with Constant Returns, C.V. Starr Center for Applied Economics, New York University (1996) View citations (3) (1996)
18. Indeterminacy in Discrete-Time Infinite-Horizon Models with Non-linear Utility and Endogenous Labor
    Springer
    See also Journal Article Indeterminacy in discrete-time infinite-horizon models with non-linear utility and endogenous labor, Elsevier (2007) View citations (18) (2007)
19. Interlinkage in the Endogenous Real Business Cycles of International Economies
    Springer
    See also Journal Article Interlinkage in the Endogenous Real Business Cycles of International Economies, Springer (1993) View citations (18) (1993)
20. Intertemporal Complementarity and Optimality: A Study of a Two-Dimensional Dynamical System
    Springer
    See also Journal Article INTERTEMPORAL COMPLEMENTARITY AND OPTIMALITY: A STUDY OF A TWO-DIMENSIONAL DYNAMICAL SYSTEM, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2005) View citations (12) (2005)
    Working Paper Intertemporal Complementarity and Optimality: A Study of a Two-Dimensional Dynamical System, Econometric Society (2004) View citations (3) (2004)
21. Non-linear Dynamics and Chaos in Optimal Growth: An Example
    Springer
    See also Journal Article Nonlinear Dynamics and Chaos in Optimal Growth: An Example, Econometric Society (1995) View citations (68) (1995)
22. Non-linear Dynamics in the Infinite Time Horizon Model
    Springer
    See also Journal Article Non‐linear Dynamics in the Infinite Time Horizon Model, Wiley Blackwell (1999) (1999)
23. On the Least Upper Bound of Discount Factors that are Compatible with Optimal Period-Three Cycles
    Springer
    See also Journal Article On the Least Upper Bound of Discount Factors That Are Compatible with Optimal Period-Three Cycles, Elsevier (1996) View citations (26) (1996)
24. Stability of Stochastic Optimal Growth Models: A New Approach
    Springer
    See also Journal Article Stability of stochastic optimal growth models: a new approach, Elsevier (2005) View citations (57) (2005)
25. Stochastic Optimal Growth with Nonconvexities
    Springer
    See also Journal Article Stochastic optimal growth with nonconvexities, Elsevier (2006) View citations (16) (2006)
26. The Hopf Bifurcation and Existence and Stability of Closed Orbits in Multisector Models of Optimal Economic Growth
    Springer
    See also Journal Article The hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth, Elsevier (1979) View citations (165) (1979)
27. Trade and Indeterminacy in a Dynamic General Equilibrium Model
    Springer
    See also Journal Article Trade and Indeterminacy in a Dynamic General Equilibrium Model, Elsevier (2002) View citations (83) (2002)
    Working Paper Trade and Indeterminacy in a Dynamic General Equilibrium Model, Research Institute for Economics & Business Administration, Kobe University (2001) View citations (4) (2001)

2009

28. Characterization of Equilibrium Paths in a Two-Sector Economy with CES Production Functions and Sector-Specific Externality
    Springer
    See also Working Paper Characterization of Equilibrium Paths in a Two-Sector Economy with CES Production Functions and Sector-Specific Externality, HAL (2008) (2008)

2008

29. Chapter 10 Specific Factor Models and Dynamics in International Trade
    A chapter in Contemporary and Emerging Issues in Trade Theory and Policy, 2008, pp 191-207

2006

30. Indeterminacy in Discrete-Time Infinite-Horizon Models
    Springer View citations (4)
    See also Working Paper Indeterminacy in discrete-time infinite-horizon models, HAL (2006) View citations (6) (2006)
31. On Stationary Optimal Stocks in Optimal Growth Theory: Existence and Uniqueness Results
    Springer View citations (1)
32. Optimal Cycles and Chaos
    Springer View citations (7)

Editor

1. Creative Economy
   Springer