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 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.
• (with Masataka Eguchi, Hiroshi Gunji and Tomomi Miyazaki) "Optimal Monetary Policy in an Estimated Local Currency Pricing Model," Balke, N., Canova, F., Milani, F. and Wynne, M.A. (Ed.) DSGE Models in Macroeconomics: Estimation, Evaluation, and New Developments (Advances in Econometrics, 28), Nov., 2012, Emerald Group Publishing Limited, Leeds, 39-79.
       Another Version: IER Discussion Paper Series, No. A 558, Jan., 2012.
       Another Version: EUSI Working Paper Series, No. E-2010-03, Dec., 2010.
       Technical Appendix
  
  All Refereed and Published Works