Takeki Sunakawa

Takeki Sunakawa

Working Papers

Optimal Monetary Policy:

  • Credible Forward Guidance. (joint with Taisuke Nakata) FEDS Working Paper 2019-037, April 2019. A revised draft coming soon.

  • A Promised Value Approach to Optimal Monetary Policy. (joint with Timothy Hills and Taisuke Nakata) FEDS Working Paper 2018-083, July 2018. Revision requested from Oxford Bulletin of Economics and Statistics.

Heterogeneous-agent macro models:

  • Is Household Heterogeneity Important for Business Cycles? (joint with Youngsoo Jang and Minchul Yum) January 2019. A revised draft coming soon.

Nonlinear solution and estimation methods for DSGE models:

  • Forward Guidance as a Monetary Policy Rule. (joint with Mitsuru Katagiri) In progress.

  • Applying Precomputation of Integrals to Nonlinear DSGE Models with Occasionally Binding Constraints. January 2019. Submitted.

  • The Natural Rate of Interest in a Nonlinear DSGE Model. (joint with Yasuo Hirose) January 2019. Submitted. The previous version is available as CAMA Working Paper Series 38/2017.

  • Parameter Bias in an Estimated DSGE Model: Does Nonlinearity Matter? (joint with Yasuo Hirose) CAMA Working Paper Series 46/2015, November 2015. A revised draft coming soon.

Others:

  • Sustainable Pricing in a Durable Goods Monopoly. May 2012.