Published Works

• (with Kazuyuki Inagaki) "Understanding the Gains from Wage Flexibility in a Currency Union: The Fiscal Policy Connection," Macroeconomic Dynamics, 29, e65, Jan., 2025.
       On-line Appendix
       Another Version: Working on Europe Paper Series, No. 1/2023, Jan., 2023.
       Another Version: BCAM Working Paper Series, No. 2005, Nov., 2020.
       Slides
       Technical Appendix
• (with Masataka Eguchi) "The Effects of a Money-financed Fiscal Stimulus in a Small Open Economy," IMF Economic Review, 72, Sep., 2024, 1212-1237.
        Appendix
        Another Version: Dynare Working Paper Series, No. 70, Sep., 2021.
        Technical Appendix 　　　
        Dynare Source
• (with Kazuyuki Inagaki, Masataka Eguchi) "Revisiting the Fiscal Theory of Sovereign Risk from a DSGE Viewpoint," Journal of International Financial Markets, Institutions and Money, 91, Mar., 2024, 101953.
        Appendix
        Technical Appendix
        Another Version: BCAM Working Paper Series, No. 1901, May, 2019.
        Another Version: The Society of Economics, Nagoya City University Discussion Paper Series, No. 611, Feb., 2017. [Third Best Paper for The Best Paper Award in The 19th Eurasia Business and Economics Society Conference, Eurasia Business and Economics Society (EBES)]
• (with Masashige Hamano) "Inflation Stabilization and Default Risk in a Currency Union," Macroeconomic Dynamics, 22, Oct., 2018, 1790-1807.
        Another Version: Understanding Persistent Deflation in Japan Working Paper Series, No. 46, Sep., 2014.
• "How Important is Fiscal Policy Cooperation in a Currency Union?"Journal of Economic Dynamics and Control, 38, Jan., 2014, 266-286.
        Technical Appendix
        Another Version: EUSI Working Paper Series, No. E-2010-02, Jun., 2010.
  
  All Refereed and Published Works