TCER Working Paper Series
Macroeconomics and monetary economics (E)
E-Series
E-198 . Chihiro Shimizu, Yongheng Deng, Tomoo Inoue and Kiyohiko Nishimura, "Demographics Outlook, Credit Conditions, and Property Prices" January 2024.
E-186 . Eizo Kawai, "Toward the rebuilding of modern macroeconomic theory: Market failure and Keynes’ unemployment equilibrium" July 2023.
E-179 . Eisei Ohtaki, "Climate change, financial intermediation, and monetary policy" March 2023.
E-176 . Eisei Ohtaki, "Climate change and monetary policy" January 2023.
E-175 . Eisei Ohtaki, "Does climate change lead financial instability?: A benchmark result" January 2023.
E-168 . Masashige Hamano and Keita Oikawa, "Multi-Product Establishments and Product Dynamics" February 2022.
E-167 . Kozo Ueda, "Duopolistic Competition and Monetary Policy" February 2022.
E-165 . Ryo Kato, Tatsushi Okuda and Takayuki Tsuruga, "Sectoral inflation persistence, market concentration, and imperfect common knowledge" October 2021.
E-162 . Masashige Hamano and Munechika Katayama, "Epidemics and Macroeconomic Dynamics" July 2021.
E-161 . Mei Dong, Toshiaki Shoji and Yuki Teranishi, "Product Cycles and Prices: a Search Foundation" April 2021.
E-156 . Masazumi Hattori, Tomohide Mineyama and Jouchi Nakajima, "Taylor Rule Yield Curve" January 2021.
E-154 . Hirokuni Iiboshi, Mototsugu Shintani and Kozo Ueda, "Estimating a Nonlinear New Keynesian Model with the Zero Lower Bound for Japan" December 2020.
E-152 . Anastasios Evgenidis, Masashige Hamano and Wessel N. Vermeulen, "Economic consequences of follow-up disasters: lessons from the 2011 Great East Japan Earthquake" August 2020.
E-151 . Hiroshi FUJIKI, "Attributes needed for Japan’s central bank digital currency" July 2020.
E-150 . Hiroshi FUJIKI, "Who Adopts Crypto Assets in Japan? Evidence from the 2019 Financial Literacy Survey" July 2020.
E-147 . Hideaki Matsuoka, "Debt intolerance: Threshold level and composition" June 2020.
E-145 . Eisei Ohtaki, "Optimality in an OLG model with nonsmooth preferences" January 2020.
E-144 . Junichi Kikuchi and Yoshiyuki Nakazono, "The Formation of Inflation Expectations: Micro-data Evidence from Japan" January 2020.
E-143 . Taisuke Kameda, Ryoichi Namba and Takayuki Tsuruga, "Decomposing Local Fiscal Multipliers: Evidence from Japan" December 2019.
E-138 . Eizo Kawai, "Toward Rebuilding of Modern Macroeconomic Theory: Market Failure in a Macro Economy and Keynes’s Unemployment Equilibrium" October 2019.
E-135 . Hiroshi FUJIKI, "How do we choose to pay using evolving retail payment technologies? Some additional results from Japan" May 2019.
E-131 . Hiroshi FUJIKI and Kiyotaka Nakashima, "Cash Usage Trends in Japan: Evidence Using Aggregate and Household Survey Data" March 2019.
E-128 . Yasuo Hirose and Takeki Sunakawa, "The Natural Rate of Interest in a Nonlinear DSGE Model" January 2019.
E-126 . Ayako Saiki and Jon Frost, "Japan’s Unconventional Monetary Policy and Income Distribution: Revisited" May 2018.
E-121 . Eizo Kawai, "Re-examination of Modern Macroeconomics: Market Failure in a Walrasian Economy and Keynes's Unemployment Equilibrium " March 2018.
E-120 . Hirokuni Iiboshi, Mototsugu Shintani and Kozo Ueda, "Estimating a Nonlinear New Keynesian Model with a Zero Lower Bound for Japan" March 2018.
E-119 . Arito Ono, Kosuke Aoki, Shinichi Nishioka, Kohei Shintani and Yosuke Yasui, "Long-term interest rates and bank loan supply: Evidence from firm-bank loan-level data" February 2018.
E-105 . Sagiri Kitao, Selahattin Imrohoroglu and Tomoaki Yamada, "Can Guest Workers Solve Japan's Fiscal Problems?" March 2016.
E-104 . Hiroshi FUJIKI, "Nontraditional Monetary Policy in a Model of Default Risks and Collateral in the Absence of Commitment" February 2016.
E-103 . Eisei Ohtaki, "Optimality of the Friedman rule under ambiguity" January 2016.
E-102 . Hiroshi Ugai, "Transmission Channels and Welfare Implications of Unconventional Monetary Easing Policy in Japan" December 2015.
E-101 . Taisuke Nakata and Sebastian Schmidt, "Conservatism and Liquidity Traps" November 2015.
E-99 . Hiroshi Fujiki and Hajime Tomura, "Fiscal Cost to Exit Quantitative Easing: The Case of Japan" September 2015.
E-92 . Etsuro Shioji, "Time varying pass-through: Will the yen depreciation help Japan hit the inflation target?" March 2015.
E-90 . Jun-Hyun Ko and Hiroshi Morita, "How does hyperinflation shock the economy?: Panel VAR Approach" February 2015.
E-88 . Daisuke Ikeda and Takushi Kurozumi, "Post-Crisis Slow Recovery and Monetary Policy" December 2014.
E-87 . Taisuke Nakata, "Reputation and Liquidity Traps" December 2014.
E-81 . Hisahiro Naito, "Pareto-improving Immigration and Its Effect on Capital Accumulation in the Presence of Social Security" September 2014.
E-79 . Takashi Kano and Hiroshi Morita, "An Equilibrium Foundation of the Soros Chart" May 2014.
E-74 . Shuhei Aoki and Makoto Nirei, "Zipf’s Law, Pareto’s Law, and the Evolution of Top Incomes in the U.S." April 2014.
E-73 . Masami Imai, Cameron Shelton and Rosa Hayes, "Attribution Error in Economic Voting: Evidence From Trade Shocks" March 2014.
E-71 . Mayumi Ojima, Junnosuke Shino and Kozo Ueda, "Buyer-Size Discounts and Inflation Dynamics" January 2014.
E-70 . Arito Ono, Hirofumi Uchida, Gregory Udell and Iichiro Uesugi, "Lending Pro-Cyclicality and Macro-Prudential Policy: Evidence from Japanese LTV Ratios" January 2014.
E-69 . Eisei Ohtaki and Hiroyuki Ozaki, "Optimality in a Stochastic OLG Model with Ambiguity" January 2014.
E-68 . Yumi Saita, Chihiro Shimizu and Tsutomu Watanabe, "Aging and Real Estate Prices: Evidence from Japanese and US Regional Data" January 2014.
E-67 . Hikaru Saijo, "The Uncertainty Multiplier and Business Cycles" January 2014.
E-66 . Pablo A. Guerron-Quintana and Ryo Jinnai, "Liquidity, Trends and the Great Recession" January 2014.
E-58 . Eisei Ohtaki, "Asymmetric Liquidity Shocks and Optimality of the Freidman Rule" August 2013.
E-57 . Eisei Ohtaki, "Nominal Idiosyncratic Shocks and Optimal Monetary Policy" August 2013.
E-55 . Masaya Sakuragawa, "Bubble cycle" July 2013.
E-50 . Shiba Suzuki, "CREDIT-EASING POLICY IN AN INCOMPLETE MARKETS ECONOMY" October 2012.
E-47 . Eisei Ohtaki, "EXISTENCE AND UNIQUENESS OF STATIONARY MONETARY EQUILIBRIUM: A SIMPLE PROOF" June 2012.
E-43 . Tuan Khai Vu, "THE SOURCES OF RECENT INFLATION IN VIETNAM: EVIDENCE FROM A VAR WITH SIGN RESTRICTIONS" April 2012.
E-42 . Tsutomu Watanabe, Tomoyoshi Yabu and Arata Ito, "FISCAL POLICY SWITCHING IN JAPAN, THE U.S., AND THE U.K." March 2012.
E-36 . Masazumi Wakatabe and Goushi Kataoka, "THE GREAT INFLATION IN JAPAN: HOW ECONOMIC THOUGHT INTERACTED WITH ECONOMIC POLICY" May 2011.
E-32 . Oleksandr Movshuk, "BALANCE SHEET EFFECTS ON HOUSEHOLD CONSUMPTION: EVIDENCE FROM MICRO DATA" April 2011.
E-29 . Hiroyuki Ono and Bernd Hayo, "THE THEORY OF RELATIVE-PRICE CHANGES, MONEY, AND DEMAND FACTORS" March 2011.
E-10 . Minoru Hayashida, Hiroyuki Ono and Takeru Terao, "CRITICAL EVALUATION OF THE HAYASHI-PRESCOTT HYPOTHESIS ON JAPAN’S LOST DECADE" August 2008.