Details about Naoyuki Yoshino

E-mail:
Homepage:	https://k-ris.keio.ac.jp/html/100000577_en.html
Phone:	+819071749747
Postal address:	Emeritus Professor of Economics, Keio University, Mita 2-15-45 Minato-ku Tokyo Japan 108-8345
Workplace:	Faculty of Economics and Business Administration, Tokyo Metropolitan University, (more information at EDIRC) Faculty of Economics, Keio University, (more information at EDIRC)

Access statistics for papers by Naoyuki Yoshino.

Last updated 2024-11-09. Update your information in the RePEc Author Service.

Short-id: pyo133

---

Jump to Journal Articles Books Edited books Chapters Editor

Working Papers

2022

1. An Empirical Evidence and Proposal on the Spillover Effects of Information and Communication Technology Infrastructure in India
   ADBI Working Papers, Asian Development Bank Institute
2. Interregional Flow of Funds in Japan via Loans and Deposits of Financial Institutions, and its Determinants
   RCESR Discussion Paper Series, Research Center for Economic and Social Risks, Institute of Economic Research, Hitotsubashi University View citations (1)
3. Measuring Concentration in the Japanese Loan and Deposit Markets
   RCESR Discussion Paper Series, Research Center for Economic and Social Risks, Institute of Economic Research, Hitotsubashi University View citations (2)
   See also Journal Article Measuring concentration in the Japanese loan and deposit markets, Japan and the World Economy, Elsevier (2022) View citations (2) (2022)

2021

4. Infrastructure and Firm Performance in CAREC Countries: Cross-Sectional Evidence at the Firm Level
   ADBI Working Papers, Asian Development Bank Institute View citations (2)

2020

5. An Aggregate-Level Macro Model for the Indian Economy
   ADBI Working Papers, Asian Development Bank Institute
6. Enhancing Financial Connectivity between Asia and Europe: Implications for Infrastructure Convergence between the Two Regions
   ADBI Working Papers, Asian Development Bank Institute View citations (2)
   See also Journal Article Enhancing Financial Connectivity Between Asia and Europe: Implications for Infrastructure Convergence Between the Two Regions*, Asian Economic Papers, MIT Press (2020) View citations (2) (2020)

2019

7. A Comprehensive Evaluation Framework on the Economic Performance of State-Owned Enterprises
   ADBI Working Papers, Asian Development Bank Institute View citations (4)
8. Determinants of International Remittance Inflows in Middle-Income Countries in Asia and the Pacific
   ADBI Working Papers, Asian Development Bank Institute View citations (2)
9. Empirical Analysis of Global Oil Price Determinants at the Disaggregated Level Over the Last Two Decades
   ADBI Working Papers, Asian Development Bank Institute View citations (1)
10. Establishment of the Credit Risk Database: Concrete Use to Evaluate the Creditworthiness of SMEs
    ADBI Working Papers, Asian Development Bank Institute View citations (1)
11. Gender and Corporate Success: An Empirical Analysis of Gender-Based Corporate Performance on a Sample of Asian Small and Medium-Sized Enterprises
    ADBI Working Papers, Asian Development Bank Institute View citations (3)
    Also in Working Papers, eSocialSciences (2019) View citations (3)
12. How to Avoid Household Debt Overhang? An Analytical Framework and Analysis for India
    ADBI Working Papers, Asian Development Bank Institute View citations (1)
13. Innovative Financing for City Infrastructure Investment by Increasing the Rate of Return from Spillover Tax Revenues
    ADBI Working Papers, Asian Development Bank Institute
14. Internal and External Determinants of Housing Price Booms in Hong Kong, China
    ADBI Working Papers, Asian Development Bank Institute
15. Performance Differential Between Private and State-Owned Enterprises: An Analysis of Profitability and Leverage
    ADBI Working Papers, Asian Development Bank Institute View citations (2)
16. Quality Infrastructure Investment: Ways to Increase the Rate of Return for Infrastructure Investments
    ADBI Working Papers, Asian Development Bank Institute View citations (1)
17. Russian Federation–East Asia Liquefied Natural Gas Trade Patterns and Regional Energy Security
    ADBI Working Papers, Asian Development Bank Institute View citations (1)
18. The Basel Capital Requirement, Lending Interest Rate, and Aggregate Economic Growth: An Empirical Study of Viet Nam
    ADBI Working Papers, Asian Development Bank Institute View citations (1)
19. The Role of SMEs in Asia and Their Difficulties in Accessing Finance
    Working Papers, eSocialSciences View citations (2)
20. Why Is Green Finance Important?
    ADBI Working Papers, Asian Development Bank Institute View citations (27)
    Also in Working Papers, eSocialSciences (2019) View citations (14)

2018

21. Credit Risk Reduction Effect on Small and Medium- Sized Enterprise Finance Through the Use of Bank Account Information
    Working Papers, eSocialSciences
22. Empirical Analysis of Factors Influencing Price of Solar Modules
    Working Papers, eSocialSciences View citations (5)
    Also in ADBI Working Papers, Asian Development Bank Institute (2018) View citations (8)
23. Fiscal Policy Conditions for Government Budget Stability and Economic Recovery: Comparative Analysis of Japan and Greece
    ADBI Working Papers, Asian Development Bank Institute View citations (1)
    Also in Working Papers, eSocialSciences (2018)
24. From window guidance to interbank rates: Tracing the transition of monetary policy in Japan and China
    BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT)
    See also Journal Article From Window Guidance to Interbank Rates: Tracing the Transition of Monetary Policy in Japan and China, International Journal of Central Banking, International Journal of Central Banking (2020) View citations (2) (2020)
25. Impact of World Oil Prices on an Energy Exporting Economy Including Monetary Policy
    ADBI Working Papers, Asian Development Bank Institute View citations (31)
26. Social Funding of Green Financing: An Application of Distributed Ledger Technologies
    Working Papers, eSocialSciences View citations (1)
    See also Journal Article Social funding of green financing: An application of distributed ledger technologies, International Journal of Finance & Economics, John Wiley & Sons, Ltd. (2021) View citations (4) (2021)
27. The Impact of Monetary and Tax Policy on Income Inequality in Japan
    ADBI Working Papers, Asian Development Bank Institute View citations (3)
    Also in Working Papers, eSocialSciences (2018) View citations (1)
    See also Journal Article The impact of monetary and tax policy on income inequality in Japan, The World Economy, Wiley Blackwell (2020) View citations (14) (2020)
28. The effectiveness of Japan's Negative Interest rate policy
    MPRA Paper, University Library of Munich, Germany
    Also in ADBI Working Papers, Asian Development Bank Institute (2017) View citations (8)
    See also Chapter The Ineffectiveness of Japan’s Negative Interest Rate Policy, ADB Institute Series on Development Economics, Springer (2017) View citations (1) (2017)
29. Trading and Ordering Patterns of Market Participants in High Frequency Trading Environment -Empirical Study in the Japanese Stock Market-(Forthcoming in Asia-Pacific Financial Markets)(Revised version of CARF-F-411)
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo
30. Volatility Linkages between Energy and Food Prices: Case of Selected Asian Countries
    ADBI Working Papers, Asian Development Bank Institute View citations (10)

2017

31. Alternatives to Bank Finance: Role of Carbon Tax and Hometown Investment Trust Funds in Developing Green Energy Projects in Asia
    ADBI Working Papers, Asian Development Bank Institute View citations (1)
32. Decreased Effectiveness of Fiscal and Monetary Policies in Japan’s Aging Society
    ADBI Working Papers, Asian Development Bank Institute View citations (2)
33. Fair Premium Rate of the Deposit Insurance System based on Banks’ Creditworthiness
    ADBI Working Papers, Asian Development Bank Institute
    See also Journal Article Fair premium rate of the deposit insurance system based on banks’ creditworthiness, Studies in Economics and Finance, Emerald Group Publishing Limited (2019) View citations (3) (2019)
34. Financial Literacy in Japan: Determinants and Impacts
    ADBI Working Papers, Asian Development Bank Institute View citations (8)
    Also in Working Papers, eSocialSciences (2017) View citations (8)
35. Impact of Fukushima Nuclear Disaster on Oil-Consuming Sectors of Japan
    ADBI Working Papers, Asian Development Bank Institute View citations (13)
36. International Remittances and Poverty Reduction: Evidence from Asian Developing Countries
    ADBI Working Papers, Asian Development Bank Institute View citations (8)
37. Optimal Dynamic Path during the Transition of Exchange Rate Regime: Analysis of the People’s Republic of China (PRC), Malaysia, and Singapore
    ADBI Working Papers, Asian Development Bank Institute
38. Reforming the Fee Structure of Investment Trusts to Increase Demand
    ADBI Working Papers, Asian Development Bank Institute
39. Solutions for SMEs’ difficulties in accessing finance: Asian experiences
    ADBI Working Papers, Asian Development Bank Institute
40. Trade Linkages and Transmission of Oil Price Fluctuations in a Model Incorporating Monetary Variables
    ADBI Working Papers, Asian Development Bank Institute View citations (2)
41. Trading and Ordering Patterns of Market Participants in High Frequency Trading Environment -Empirical Study in the Japanese Stock Market-
    CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo View citations (1)
    Also in CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo (2017)
    See also Journal Article Trading and Ordering Patterns of Market Participants in High Frequency Trading Environment: Empirical Study in the Japanese Stock Market, Asia-Pacific Financial Markets, Springer (2018) View citations (5) (2018)

2016

42. Decline in Oil Prices and the Negative Interest Rate Policy in Japan
    ADBI Working Papers, Asian Development Bank Institute View citations (3)
    See also Journal Article Decline of oil prices and the negative interest rate policy in Japan, Economic and Political Studies, Taylor & Francis Journals (2017) View citations (8) (2017)
43. Impact of Infrastructure Investment on Tax: Estimating Spillover Effects of the Kyushu High-Speed Rail Line in Japan on Regional Tax Revenue
    ADBI Working Papers, Asian Development Bank Institute View citations (5)
44. Impacts of Universal Health Coverage: Financing, Income Inequality, and Social Welfare
    ADBI Working Papers, Asian Development Bank Institute
45. Major Challenges Facing Small and Medium-sized Enterprises in Asia and Solutions for Mitigating Them
    ADBI Working Papers, Asian Development Bank Institute View citations (18)
46. Optimal Credit Guarantee Ratio for Asia
    ADBI Working Papers, Asian Development Bank Institute View citations (5)
47. Overview of Financial Inclusion, Regulation, and Education
    ADBI Working Papers, Asian Development Bank Institute View citations (10)

2015

48. Adjustments of Capital Account Restrictions and Exchange Rate Regimes in East Asia
    ADBI Working Papers, Asian Development Bank Institute View citations (2)
    See also Journal Article Adjustments of Capital Account Restrictions and Exchange Rate Regimes in East Asia, Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd. (2015) (2015)
49. An Impact Evaluation of Investment in Infrastructure: The Case of the Railway Connection in Uzbekistan
    ADBI Working Papers, Asian Development Bank Institute View citations (3)
    Also in Working Papers, eSocialSciences (2015) View citations (3)
    See also Journal Article An impact evaluation of investment in infrastructure: The case of a railway connection in Uzbekistan, Journal of Asian Economics, Elsevier (2017) View citations (14) (2017)
50. Causes and Remedies for Japan’s Long-Lasting Recession: Lessons for the People’s Republic of China
    ADBI Working Papers, Asian Development Bank Institute
51. Comparison of Static and Dynamic Analyses on Exchange Rate Regimes in East Asia
    ADBI Working Papers, Asian Development Bank Institute
52. Dynamic Effect of a Change in the Exchange Rate System: From a Fixed Regime to a Basket-Peg or a Floating Regime
    ADBI Working Papers, Asian Development Bank Institute View citations (1)
53. Dynamic Shift to a Basket-Peg or Floating Regime in East Asian Countries in Response to the People's Republic of China's Transition to a New Exchange Rate Regime
    ADBI Working Papers, Asian Development Bank Institute View citations (3)
54. Estimating Dual Deposit Insurance Premium Rates and Forecasting Non-performing Loans: Two New Models
    ADBI Working Papers, Asian Development Bank Institute View citations (7)
55. Financial Education in Asia: Assessment and Recommendations
    ADBI Working Papers, Asian Development Bank Institute View citations (6)
56. Hard Pegs versus Intermediate Currency Arrangements in the Pacific
    ADBI Working Papers, Asian Development Bank Institute
57. Housing Policies for Asia: A Theoretical Analysis by Use of a Demand and Supply Model
    ADBI Working Papers, Asian Development Bank Institute View citations (2)
58. Impacts of Universal Health Coverage: A Micro-founded Macroeconomic Perspective
    ADBI Working Papers, Asian Development Bank Institute
59. Japan's Lost Decade: Lessons for Other Economies
    ADBI Working Papers, Asian Development Bank Institute View citations (6)
60. Macroeconomic Effects of Oil Price Fluctuations on Emerging and Developed Economies in a Model Incorporating Monetary Variables
    ADBI Working Papers, Asian Development Bank Institute View citations (32)
61. Optimal Fiscal Policy Rule for Achieving Fiscal Sustainability: A Japanese Case Study
    ADBI Working Papers, Asian Development Bank Institute View citations (4)
    See also Chapter Optimal Fiscal Policy Rule for Achieving Fiscal Sustainability: A Japanese Case Study, ADB Institute Series on Development Economics, Springer (2017) View citations (1) (2017)
62. Role of the Credit Risk Database in Developing SMEs in Japan: Lessons for the Rest of Asia
    ADBI Working Papers, Asian Development Bank Institute View citations (8)
63. SME Credit Risk Analysis Using Bank Lending Data: An Analysis of Thai SMEs
    ADBI Working Papers, Asian Development Bank Institute View citations (9)
64. The Credit Guarantee System and Policy-based Finance for Small- and Medium-sized Enterprises and a Database of Small- and Medium-sized Enterprises (Japanese)
    Policy Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI) View citations (1)
65. The Response of Macro Variables of Emerging and Developed Oil Importers to Oil Price Movements
    ADBI Working Papers, Asian Development Bank Institute View citations (4)
    See also Journal Article Response of macro variables of emerging and developed oil importers to oil price movements, Journal of the Asia Pacific Economy, Taylor & Francis Journals (2016) View citations (34) (2016)
66. The “Highway Effect” on Public Finance: Case of the STAR Highway in the Philippines
    ADBI Working Papers, Asian Development Bank Institute View citations (4)

2014

67. Dynamic Analysis of Exchange Rate Regimes: Policy Implications for Emerging Countries in Asia
    Macroeconomics Working Papers, East Asian Bureau of Economic Research View citations (2)
    Also in ADBI Working Papers, Asian Development Bank Institute (2014) View citations (1)
    Finance Working Papers, East Asian Bureau of Economic Research (2014) View citations (2)
68. Dynamic Transition of the Exchange Rate Regime in the People’s Republic of China
    Macroeconomics Working Papers, East Asian Bureau of Economic Research View citations (5)
69. Dynamic Transition of the Exchange Rate Regime in the People’s Republic of China
    ADBI Working Papers, Asian Development Bank Institute View citations (6)
70. Effectiveness of the Easing of Monetary Policy in the Japanese Economy, Incorporating Energy Prices
    ADBI Working Papers, Asian Development Bank Institute View citations (6)
    Also in Macroeconomics Working Papers, East Asian Bureau of Economic Research (2014) View citations (1)
    Finance Working Papers, East Asian Bureau of Economic Research (2014) View citations (1)
71. Hometown Investment Trust Funds: An Analysis of Credit Risk
    ADBI Working Papers, Asian Development Bank Institute View citations (10)
72. Response of Stock Markets to Monetary Policy: An Asian Stock Market Perspective
    Finance Working Papers, East Asian Bureau of Economic Research View citations (12)
    Also in Macroeconomics Working Papers, East Asian Bureau of Economic Research (2014) View citations (12)
    ADBI Working Papers, Asian Development Bank Institute (2014) View citations (14)
73. Three Arrows of “Abenomics†and the Structural Reform of Japan: Inflation Targeting Policy of the Central Bank, Fiscal Consolidation, and Growth Strategy
    Development Economics Working Papers, East Asian Bureau of Economic Research View citations (6)
    Also in Macroeconomics Working Papers, East Asian Bureau of Economic Research (2014) View citations (6)
74. Three Arrows of “Abenomics” and the Structural Reform of Japan: Inflation Targeting Policy of the Central Bank, Fiscal Consolidation, and Growth Strategy
    ADBI Working Papers, Asian Development Bank Institute View citations (11)

2013

75. Empirical Analysis of Oil Price Determination Based on Market Quality Theory
    Keio/Kyoto Joint Global COE Discussion Paper Series, Keio/Kyoto Joint Global COE Program View citations (4)
76. Improving the Government Debt Market Quality by Determining the Optimal Structure of Government Debt Portfolio
    Keio/Kyoto Joint Global COE Discussion Paper Series, Keio/Kyoto Joint Global COE Program

2011

77. Dynamic Effect of Change in Exchange Rate System -From the Fixed Exchange Rate Regime to the Basket-peg or Floating Regime
    Keio/Kyoto Joint Global COE Discussion Paper Series, Keio/Kyoto Joint Global COE Program View citations (3)
78. Japanese Banks' Decision Making Process in SME Lending: An analysis of the SME database and the utilization of investment and trust funds for SME financing (Japanese)
    Discussion Papers (Japanese), Research Institute of Economy, Trade and Industry (RIETI)

2007

79. Japan's monetary policy transition, 1955-2004
    MPRA Paper, University Library of Munich, Germany
    Also in Econometric Society 2004 Far Eastern Meetings, Econometric Society (2004)
80. Japan’s Monetary Policy Transition, 1955-2005
    GRIPS Discussion Papers, National Graduate Institute for Policy Studies View citations (1)

2004

81. Local government finance in Japan: Can irresponsible borrowing be avoided?
    Duisburg Working Papers on East Asian Economic Studies, University Duisburg-Essen, Asia-Pacific Economic Research Institute (FIP) View citations (1)

2001

82. The Basket-peg, Dollar-peg and Floating: A Comparative Analysis of Exchange Rate Regimes
    CEI Working Paper Series, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University

Undated

83. Quantities and Prices in China’s Monetary Policy Transmission From Window Guidance to Interbank Rates
    GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit

Journal Articles

2024

1. COMPARISON OF VARIOUS FISCAL POLICIES IN THE FACE OF DIFFERENT DEMOGRAPHIC STAGES
   The Singapore Economic Review (SER), 2024, 69, (04), 1473-1497

2023

2. Diversified ESG Evaluation by Rating Agencies and Net Carbon Tax to Regain Optimal Portfolio Allocation
   (Diversified ESG Evaluation by Rating Agencies and Net Carbon Tax to Regain Optimal Portfolio Allocation)
   Asian Economic Papers, 2023, 22, (3), 81-96
3. Financial literacy, behavioral traits, and ePayment adoption and usage in Japan
   Financial Innovation, 2023, 9, (1), 1-30 View citations (5)
4. LEVERAGING ON ENERGY SECURITY TO ALLEVIATE POVERTY IN ASIAN ECONOMIES
   The Singapore Economic Review (SER), 2023, 68, (04), 1063-1090 View citations (4)
5. SMEs and carbon neutrality in ASEAN: the need to revisit sustainability policies
   Economic Research-Ekonomska Istraživanja, 2023, 36, (2), 2177180 View citations (23)
6. Sustainable Financing Strategies for the SMEs: Two Alternative Models
   Sustainability, 2023, 15, (11), 1-16

2022

7. A NOTE ON POPULATION AGING AND EFFECTIVENESS OF FISCAL POLICY
   Macroeconomic Dynamics, 2022, 26, (6), 1679-1689
8. INTRODUCTION: WAYS TO ACHIEVE GREEN ECONOMIC RECOVERY AND MITIGATE GREENHOUSE GASES IN THE POST-COVID-19 ERA
   Climate Change Economics (CCE), 2022, 13, (03), 1-3 View citations (5)
9. Measuring concentration in the Japanese loan and deposit markets
   Japan and the World Economy, 2022, 63, (C) View citations (2)
   See also Working Paper Measuring Concentration in the Japanese Loan and Deposit Markets, RCESR Discussion Paper Series (2022) View citations (2) (2022)
10. Nonlinear tail dependence between the housing and energy markets
    Energy Economics, 2022, 106, (C) View citations (3)
11. Unconventional monetary policy and income disparity in an aging society
    Journal of Economic Policy Reform, 2022, 25, (4), 451-470 View citations (2)

2021

12. A model for calculating optimal credit guarantee fee for small and medium-sized enterprises
    Economic Modelling, 2021, 95, (C), 361-373 View citations (5)
13. Analyzing the Characteristics of Green Bond Markets to Facilitate Green Finance in the Post-COVID-19 World
    Sustainability, 2021, 13, (10), 1-24 View citations (47)
14. Analyzing the factors influencing the demand and supply of solar modules in Japan – Does financing matter
    International Review of Economics & Finance, 2021, 74, (C), 1-12 View citations (10)
15. Covid-19 and Optimal Portfolio Selection for Investment in Sustainable Development Goals
    Finance Research Letters, 2021, 38, (C) View citations (55)
16. Default risks, moral hazard and market-based solution: Evidence from renewable energy market in Bangladesh
    Economic Modelling, 2021, 95, (C), 489-499 View citations (5)
17. ENERGY INSECURITY, RENEWABLE ENERGY AND ECONOMIC GROWTH
    The Singapore Economic Review (SER), 2021, 66, (02), 313-322 View citations (1)
18. Economic Impacts of Carbon Tax in a General Equilibrium Framework: Empirical Study of Japan
    Journal of Environmental Assessment Policy and Management (JEAPM), 2021, 23, (01n02), 1-25 View citations (170)
19. Effectiveness of Fiscal Policy in Aging Economies
    Public Policy Review, 2021, 17, (3), 1-18
20. Greenness index: IPO performance and portfolio allocation
    Research in International Business and Finance, 2021, 57, (C) View citations (9)
21. KNOWING THE UNKNOWNS – FRESH INSIGHTS FROM AN UNKNOWN STOCK MARKET
    Bulletin of Monetary Economics and Banking, 2021, 24, (4), 641-658
22. Optimal branching strategy, local financial development, and SMEs’ performance
    Economic Modelling, 2021, 96, (C), 421-432 View citations (10)
23. Performance Differential between Private and State-owned Enterprises: An Analysis of Profitability and Solvency
    Emerging Markets Finance and Trade, 2021, 57, (14), 3913-3928 View citations (7)
24. Power purchase agreements with incremental tariffs in local currency: An innovative green finance tool
    Global Finance Journal, 2021, 50, (C) View citations (19)
25. Quality infrastructure and natural disaster resiliency: A panel analysis of Asia and the Pacific
    Economic Analysis and Policy, 2021, 69, (C), 394-406 View citations (13)
26. Reconsideration of the “Domar condition” to check sustainability of budget deficit
    Public Policy Review, 2021, 17, (3), 1-12
27. Social funding of green financing: An application of distributed ledger technologies
    International Journal of Finance & Economics, 2021, 26, (4), 6060-6073 View citations (4)
    See also Working Paper Social Funding of Green Financing: An Application of Distributed Ledger Technologies, Working Papers (2018) View citations (1) (2018)
28. THE ENERGY–POLLUTION–HEALTH NEXUS: A PANEL DATA ANALYSIS OF LOW- AND MIDDLE-INCOME ASIAN COUNTRIES
    The Singapore Economic Review (SER), 2021, 66, (02), 435-455 View citations (22)

2020

29. Assessment of the Trade Integration Pattern Between the Russian Federation and East/Southeast Asian Economies Using the Panel Gravity Framework*
    Asian Economic Papers, 2020, 19, (1), 1-14
30. Determinants of international remittance inflow in Asia-Pacific middle-income countries
    Economic Analysis and Policy, 2020, 68, (C), 29-43 View citations (8)
31. Enhancing Financial Connectivity Between Asia and Europe: Implications for Infrastructure Convergence Between the Two Regions*
    Asian Economic Papers, 2020, 19, (2), 84-101 View citations (2)
    See also Working Paper Enhancing Financial Connectivity between Asia and Europe: Implications for Infrastructure Convergence between the Two Regions, ADBI Working Papers (2020) View citations (2) (2020)
32. From Window Guidance to Interbank Rates: Tracing the Transition of Monetary Policy in Japan and China
    International Journal of Central Banking, 2020, 16, (3), 279-316 View citations (2)
    See also Working Paper From window guidance to interbank rates: Tracing the transition of monetary policy in Japan and China, BOFIT Discussion Papers (2018) (2018)
33. INTERNAL AND EXTERNAL DETERMINANTS OF HOUSING PRICE BOOM IN HONG KONG
    Bulletin of Monetary Economics and Banking, 2020, 23, (4), 597-620 View citations (1)
34. Sustainable Solutions for Green Financing and Investment in Renewable Energy Projects
    Energies, 2020, 13, (4), 1-18 View citations (138)
35. The COVID-19 Crisis: Policy Recommendations for Japan
    The Economists' Voice, 2020, 17, (1), 09 View citations (1)
36. The Macroeconomic Effects of Fintech
    Public Policy Review, 2020, 16, (4), 1-19
37. The impact of monetary and tax policy on income inequality in Japan
    The World Economy, 2020, 43, (10), 2600-2621 View citations (14)
    See also Working Paper The Impact of Monetary and Tax Policy on Income Inequality in Japan, ADBI Working Papers (2018) View citations (3) (2018)

2019

38. Energy and Food Security: Linkages through Price Volatility
    Energy Policy, 2019, 128, (C), 796-806 View citations (98)
39. Energy insecurity in Asia: A multi-dimensional analysis
    Economic Modelling, 2019, 83, (C), 84-95 View citations (19)
40. Exogeneity of world oil prices to the Russian Federation’s economy and monetary policy
    Eurasian Economic Review, 2019, 9, (4), 531-555 View citations (14)
41. Fair premium rate of the deposit insurance system based on banks’ creditworthiness
    Studies in Economics and Finance, 2019, 36, (1), 8-31 View citations (3)
    See also Working Paper Fair Premium Rate of the Deposit Insurance System based on Banks’ Creditworthiness, ADBI Working Papers (2017) (2017)
42. Modelling the social funding and spill-over tax for addressing the green energy financing gap
    Economic Modelling, 2019, 77, (C), 34-41 View citations (54)
43. Optimal credit guarantee ratio for small and medium-sized enterprises’ financing: Evidence from Asia
    Economic Analysis and Policy, 2019, 62, (C), 342-356 View citations (27)
44. Optimal fiscal policy rule for achieving fiscal sustainability: the Japanese case
    Global Business and Economics Review, 2019, 21, (2), 156-173 View citations (2)
45. The way to induce private participation in green finance and investment
    Finance Research Letters, 2019, 31, (C), 98-103 View citations (208)
46. Trade linkages and transmission of oil price fluctuations
    Energy Policy, 2019, 133, (C) View citations (25)

2018

47. Combining environmental taxation, spill-over effects and community-based financing in development of renewable energy projects in Asia
    ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, 2018, 2018/1, (1), 133-148 View citations (1)
48. FINANCIAL INCLUSION, FINANCIAL STABILITY AND INCOME INEQUALITY: INTRODUCTION
    The Singapore Economic Review (SER), 2018, 63, (01), 1-7 View citations (9)
49. HOUSEHOLD INCOME DYNAMICS IN A LOWER-INCOME SMALL OPEN ECONOMY: A COMPARISON OF BANKING AND CROWDFUNDING REGIMES
    The Singapore Economic Review (SER), 2018, 63, (01), 147-166
50. Trading and Ordering Patterns of Market Participants in High Frequency Trading Environment: Empirical Study in the Japanese Stock Market
    Asia-Pacific Financial Markets, 2018, 25, (3), 179-220 View citations (5)
    See also Working Paper Trading and Ordering Patterns of Market Participants in High Frequency Trading Environment -Empirical Study in the Japanese Stock Market-, CARF F-Series (2017) View citations (1) (2017)

2017

51. An impact evaluation of investment in infrastructure: The case of a railway connection in Uzbekistan
    Journal of Asian Economics, 2017, 49, (C), 1-11 View citations (14)
    See also Working Paper An Impact Evaluation of Investment in Infrastructure: The Case of the Railway Connection in Uzbekistan, ADBI Working Papers (2015) View citations (3) (2015)
52. Decline of oil prices and the negative interest rate policy in Japan
    Economic and Political Studies, 2017, 5, (2), 233-250 View citations (8)
    See also Working Paper Decline in Oil Prices and the Negative Interest Rate Policy in Japan, ADBI Working Papers (2016) View citations (3) (2016)
53. Declined effectiveness of fiscal and monetary policies faced with aging population in Japan
    Japan and the World Economy, 2017, 42, (C), 32-44 View citations (20)
54. Exchange rate policy in the pacific: an evaluation of currency basket regimes
    Asian-Pacific Economic Literature, 2017, 31, (1), 3-20

2016

55. Causes and Remedies of the Japan's Long-lasting Recession: Lessons for China
    China & World Economy, 2016, 24, (2), 23-47 View citations (5)
56. Changes in Economic Effect of Infrastructure and Financing Methods
    Public Policy Review, 2016, 12, (1), 47-68 View citations (8)
57. Dynamic Effects of Changes in the Exchange Rate System
    Asian Development Review, 2016, 33, (1), 111-161 View citations (1)
58. Exchange rate regime switching in Malaysia and Singapore in response to China’s move to a basket peg: A DSGE analysis
    Journal of Asian Economics, 2016, 46, (C), 17-37 View citations (3)
59. Finding stability in a time of prolonged crisis: Unconventional policy rules for Japan
    Journal of Financial Stability, 2016, 27, (C), 122-136 View citations (4)
60. Impact of oil price fluctuations on an energy-exporting economy: Evidence from Russia
    Journal of Administrative and Business Studies, 2016, 2, (4), 156-166 View citations (7)
61. Response of macro variables of emerging and developed oil importers to oil price movements
    Journal of the Asia Pacific Economy, 2016, 21, (1), 91-102 View citations (34)
    See also Working Paper The Response of Macro Variables of Emerging and Developed Oil Importers to Oil Price Movements, ADBI Working Papers (2015) View citations (4) (2015)

2015

62. Adjustments of Capital Account Restrictions and Exchange Rate Regimes in East Asia
    Journal of International Commerce, Economics and Policy (JICEP), 2015, 06, (03), 1-32
    See also Working Paper Adjustments of Capital Account Restrictions and Exchange Rate Regimes in East Asia, ADBI Working Papers (2015) View citations (2) (2015)
63. Analysis of Credit Ratings for Small and Medium-Sized Enterprises: Evidence from Asia
    Asian Development Review, 2015, 32, (2), 18-37 View citations (23)
64. Determining the optimal structure of government debt in Indonesia
    Global Business and Economics Review, 2015, 17, (4), 445-466
65. Dynamic Analysis of the Exchange Rate Regime: Policy Implications for Emerging Countries in East Asia
    Review of Development Economics, 2015, 19, (3), 624-637 View citations (3)

2014

66. Analytical framework on credit risks for financing small and medium-sized enterprises in Asia
    Asia-Pacific Development Journal, 2014, 21, (2), 1-21 View citations (20)
67. Dynamic Transition of Exchange Rate Regime in China
    China & World Economy, 2014, 22, (3), 36-55 View citations (7)
68. Monetary policies and oil price determination: an empirical analysis
    OPEC Energy Review, 2014, 38, (1), 1-20 View citations (24)
69. Monetary policy and oil price fluctuations following the subprime mortgage crisis
    International Journal of Monetary Economics and Finance, 2014, 7, (3), 157-174 View citations (37)
70. The sovereign debt crisis: why Greece, but not Japan?
    Asia Europe Journal, 2014, 12, (3), 325-344 View citations (4)

2013

71. An Estimation of the Impact of Oil Shocks on Crude Oil Exporting Economies and Their Trade Partners
    Frontiers of Economics in China-Selected Publications from Chinese Universities, 2013, 8, (4), 571-591 View citations (37)
72. Change in the Flow of Funds and the Fiscal Rules Needed for Fiscal Stabilization
    Public Policy Review, 2013, 9, (1), 51-70 View citations (5)

2012

73. CHOICES OF OPTIMAL MONETARY POLICY INSTRUMENTS UNDER THE FLOATING AND THE BASKET-PEG REGIMES
    The Singapore Economic Review (SER), 2012, 57, (04), 1-31 View citations (6)
74. Comment on “Estimating Non- K eynesian Effects for J apan”
    Asian Economic Policy Review, 2012, 7, (2), 246-247
75. Global imbalances and the development of capital flows among Asian countries
    OECD Journal: Financial Market Trends, 2012, 2012, (1), 81-112 View citations (12)
76. MACROECONOMIC VOLATILITY UNDER HIGH ACCUMULATION OF GOVERNMENT DEBT: LESSONS FROM JAPAN
    Advances in Complex Systems (ACS), 2012, 15, (supp0), 1-29 View citations (5)
    See also Chapter Macroeconomic Volatility Under High Accumulation of Government Debt: Lessons from Japan, ADB Institute Series on Development Economics, 2017, 77-108 (2017) (2017)

2011

77. Pro-cyclicality of the Basel Capital Requirement Ratio and Its Impact on Banks-super-∗
    Asian Economic Papers, 2011, 10, (2), 22-36 View citations (10)

2010

78. The Role of Public Works in the Political Business Cycle and the Instability of the Budget Deficits in Japan
    Asian Economic Papers, 2010, 9, (1), 94-112 View citations (13)

2004

79. Deciphering the Message in Japanese Deflation Dynamics
    Asian Economic Papers, 2004, 3, (2), 49-70 View citations (1)
80. The basket-peg, dollar-peg, and floating: A comparative analysis
    Journal of the Japanese and International Economies, 2004, 18, (2), 183-217 View citations (27)

2003

81. The Stabilization of an Open Economy with Capital Controls: An Analysis Using Malaysian Data
    Asian Economic Papers, 2003, 2, (3), 63-83 View citations (5)

2002

82. The Current State of the Japanese Economy and Remedies
    Asian Economic Papers, 2002, 1, (2), 110-126 View citations (18)

2001

83. Japan's new prime minister and the Postal Savings System
    FRBSF Economic Letter, 2001, (may18) View citations (1)

1999

84. WINDOW GUIDANCE BY THE BANK OF JAPAN: WAS LENDING CONTROLLED?
    Contemporary Economic Policy, 1999, 17, (2), 166-176 View citations (10)

1996

85. Welfare and Competition under the Co‐Existence of Private Financial Institutions and Government Financial Institutions
    Economic Review, 1996, 47, (4), 313-323

1992

86. Monetary Stabilization with Interest Rate Instruments in Japan: A Linear Quadratic Control Analysis
    Monetary and Economic Studies, 1992, 10, (2), 79-106 View citations (1)

1990

87. An 'Expanded Equation' Approach to Weak-Exogeneity Tests in Structural Systems and a Monetary Application
    The Review of Economics and Statistics, 1990, 72, (1), 173-77 View citations (12)

1989

88. Yoshiro Tsutsui, Financial Markets and Banking Business:Economic Analysis of Industrial Organization
    Economic Review, 1989, 40, (4), 375-377

1985

89. Impacts of Accelerated Depreciation and Government Loan Programs on Japanese Industrial Structure
    Economic Review, 1985, 36, (2), 110-120 View citations (1)

1982

90. A note on the optimal choice of monetary and fiscal policy
    Journal of Macroeconomics, 1982, 4, (4), 459-468
91. Framework for analysis of the instrument problem in monetary theory
    Economics Letters, 1982, 9, (1), 49-55

Books

2003

1. Postal Savings and Fiscal Investment in Japan: The PSS and the FILP
   OUP Catalogue, Oxford University Press View citations (14)

Edited books

2024

1. A Modern Guide to Energy Economics
   Books, Edward Elgar Publishing

2022

2. Studies in International Economics and Finance
   India Studies in Business and Economics, Springer View citations (1)

2021

3. Developing Infrastructure in Central Asia: Impacts and Financing Mechanisms
   ADBI Books, Asian Development Bank Institute View citations (2)
4. Energy Efficiency Financing and Market-Based Instruments
   Economics, Law, and Institutions in Asia Pacific, Springer View citations (2)
5. Investment in Startups and Small Business Financing
   World Scientific Books, World Scientific Publishing Co. Pte. Ltd.
6. Leveraging SME Finance through Value Chains in CAREC Landlocked Countries
   ADBI Books, Asian Development Bank Institute
7. Poverty Reduction for Inclusive Sustainable Growth in Developing Asia
   Economics, Law, and Institutions in Asia Pacific, Springer
8. Reforming State-Owned Enterprises in Asia
   ADB Institute Series on Development Economics, Springer View citations (1)

2019

9. Achieving Energy Security in Asia:Diversification, Integration and Policy Implications
   World Scientific Books, World Scientific Publishing Co. Pte. Ltd. View citations (4)
10. Demystifying Rising Inequality in Asia
    ADBI Books, Asian Development Bank Institute View citations (1)
11. Fintech for Asian SMEs
    ADBI Books, Asian Development Bank Institute View citations (3)
12. Land Acquisition in Asia
    Springer Books, Springer
13. Water Insecurity and Sanitation in Asia
    ADBI Books, Asian Development Bank Institute View citations (1)

2017

14. Central and Local Government Relations in Asia
    Books, Edward Elgar Publishing View citations (6)
15. Japan’s Lost Decade
    ADB Institute Series on Development Economics, Springer

2016

16. Monetary Policy and the Oil Market
    ADB Institute Series on Development Economics, Springer View citations (9)
17. Promoting Better Lifetime Planning Through Financial Education
    World Scientific Books, World Scientific Publishing Co. Pte. Ltd. View citations (2)

2013

18. Hometown Investment Trust Funds
    Springer Books, Springer View citations (24)

Chapters

2024

1. Green finance: possible misallocation of portfolio assets and net carbon tax proposals
   Chapter 7 in Research Handbook on the Green Economy, 2024, pp 96-109
2. Nexus of energy security and poverty in selected Asian economies
   Chapter 9 in A Modern Guide to Energy Economics, 2024, pp 222-251
3. The role of carbon taxation in energy transition and meeting the sustainability goals based on a general equilibrium model
   Chapter 7 in A Modern Guide to Energy Economics, 2024, pp 170-192

2023

4. Policies to Attract Private Investment and Finance in Green Energy Projects
   Springer
5. Solar Module Price Determinants
   Springer
6. Transmission of Oil Price Fluctuations Through Trade Linkages
   Springer
7. Volatility Linkages Between Energy and Food Prices
   Springer

2022

8. A New Keynesian AD-AS Model for India, Incorporating the Effect of Covid-19 Pandemic
   Springer
9. Sustainable Development Goals Need and Financial Sector Imperatives
   Springer
10. The Way to Finance Needed Infrastructure Investments in Asian by Inviting Private Investors
    Springer
11. Trade Balance and Need of National Reserves in Face with Aging Population
    Springer

2021

12. Necessity of Developing a Comprehensive Evaluation Framework for State-owned enterprises
    Springer
13. Understanding Fintech from a Macroeconomic Perspective
    Springer

2020

14. Spillover Capture Financing for Infrastructure Projects: Implications for Asia
    Chapter 4 in INFRASTRUCTURE FINANCING IN ASIA, 2020, pp 83-111

2017

15. Changes in Economic Effect of Infrastructure and Financing Methods: The Japanese Case
    Springer View citations (1)
16. Impact of the Fukushima Nuclear Disaster: Analysis on Japan’s Oil Consuming Sectors
    Springer View citations (5)
17. Japan’s Lost Decade: Causes and Remedies
    Springer
18. Japan’s Postwar Monetary Policies: Taylor Rules or Something Else?
    Springer
19. Macroeconomic Volatility Under High Accumulation of Government Debt: Lessons from Japan
    Springer
    See also Journal Article MACROECONOMIC VOLATILITY UNDER HIGH ACCUMULATION OF GOVERNMENT DEBT: LESSONS FROM JAPAN, World Scientific Publishing Co. Pte. Ltd. (2012) View citations (5) (2012)
20. Optimal Fiscal Policy Rule for Achieving Fiscal Sustainability: A Japanese Case Study
    Springer View citations (1)
    See also Working Paper Optimal Fiscal Policy Rule for Achieving Fiscal Sustainability: A Japanese Case Study, Asian Development Bank Institute (2015) View citations (4) (2015)
21. The Ineffectiveness of Japan’s Negative Interest Rate Policy
    Springer View citations (1)
    See also Working Paper The effectiveness of Japan's Negative Interest rate policy, University Library of Munich, Germany (2018) (2018)
22. Three Arrows of “Abenomics” and the Further Remedy for the Japanese Economy
    Springer

2016

23. Concluding Remarks
    Springer
24. Economic Impacts of Oil Price Fluctuations in Developed and Developing Economies
    Springer View citations (4)
25. Financial Education for Effective Pension Management: Challenges and Solutions
    Chapter 3 in Promoting Better Lifetime Planning through Financial Education, 2016, pp 51-89
26. Financial Education in Japan: Challenges Presented by the Aging Population and Declining Birthrate
    Chapter 5 in Promoting Better Lifetime Planning through Financial Education, 2016, pp 137-141
27. Financial Education: What Can It Achieve? Research, Good Practices, and Evidence
    Chapter 2 in Promoting Better Lifetime Planning through Financial Education, 2016, pp 9-49
28. Financial Inclusion, Financial Regulation, and Financial Education in Asia
    Chapter 6 in Promoting Better Lifetime Planning through Financial Education, 2016, pp 143-182
29. How Did Monetary Policy Inflate Oil Prices Following the Subprime Mortgage Crisis?
    Springer
30. Impact of Expansionary Monetary Policy on Crude Oil Prices
    Springer View citations (2)
31. Introductory Remarks: What’s Behind the Recent Oil Price Drop?
    Springer View citations (3)
32. Macroeconomic Impacts of Oil Price Fluctuations in a Trade Linked Case
    Springer
33. Monetary Policy in the Japanese Economy Incorporating Energy Prices
    Springer View citations (1)
34. Target Audiences for Effective Financial Education
    Chapter 4 in Promoting Better Lifetime Planning through Financial Education, 2016, pp 91-136
35. Welcoming Remarks
    Chapter 1 in Promoting Better Lifetime Planning through Financial Education, 2016, pp 1-7
36. Which Side of the Economy Is Affected More by Oil Prices: Supply or Demand?
    Springer View citations (7)
37. Wrap-Up
    Chapter 7 in Promoting Better Lifetime Planning through Financial Education, 2016, pp 183-202

2015

38. Session 3: Financial Inclusion and Financial Education
    Springer

1995

39. Changing Behavior of Private Banks and Corporations and Monetary Policy in Japan
    Palgrave Macmillan

Editor

1. ADB Institute Series on Development Economics
   Springer
2. Asian Development Review
   MIT Press