Research

Working Papers

“Simulation Pseudo-Bias in Modified Harmonic Mean Estimators of Marginal Likelihoods: Robustness and Bias Correction” (Draft available upon request)

“Sticky Information Versus Sticky Prices Revisited: A Bayesian VAR-GMM Approach” (with Takushi Kurozumi and Willem Van Zandweghe), Federal Reserve Bank of Cleveland Working Paper Series (WP 22-34)

“A Comparison of Japanese and US New Keynesian Phillips Curves with Bayesian VAR-GMM” (with Takushi Kurozumi), Bank of Japan Working Paper Series (No.22-E-3)

Some Work in Progress

“Assessing Partial Exogeneity of Shock Proxies: A Bayesian Proxy-DSGE framework” (Draft coming soon. Slides available upon request)

“Fiscal adjustments and optimal monetary policy in HANK”

“Structural Estimation of Dynamic Equilibrium Models with Unstructured Data” (with Sara Casella, Jesús Fernández-Villaverde, Stephen Hansen, and Minchul Shin)

Other papers

“Market Operations in Fiscal 2018,” BOJ Reports & Research papers

“Economy and Industry in Fukushima - Bank of Japan Fukushima Branch 120th Anniversary Memorial Paper,” BOJ Reports & Research Papers, with Keita Kawaguchi (in Japanese)

“An Estimation of the Economic Effect of NHK Morning Drama (Asadora) Series ‘Yell’ on Fukushima Prefecture,” BOJ Reports & Research Papers (in Japanese)