Working Papers

• Speed Limit Policy and Liquidity Traps. (joint with Taisuke Nakata, Sebastian Schmidt, and Paul Yoo) April 2026.

• Conditional Equivalence of Inversion filter and Kalman filter in Estimating DSGE Models. (joint with Elnura Baiaman kyzy and Hiroyuki Kubota) February 2024.

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

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

Policy related works

• Household Payment Behavior and the Optimal Quantity of CBDC in Japan. (joint with Junko Ishikawa and Meylis Orazov) December 2025. Japanese version is found here.

• On the Interaction between Monetary and Fiscal Policy: Developments in Macroeconomics since the Global Financial Crisis. (joint with Mitsuru Katagiri, Yusuke Oh, Yasutaka Ogawa, and Nao Sudo) Bank of Japan IMES Discussion Paper Series 2024-E-12, October 2024.

Selected works in progress

• Housing Wealth and Intergenerational Inequality: The Role of Immigration and Tax Concessions in Australia (joint with Timothy Kam and Tina Kao)

• A Business Cycle Assessment of Joint Taxation of Married Couples (joint with Minchul Yum)