Published Paper: Click on the Titles to Access the PDFs
"Universal Gravity" Journal of Political Economy (2020) with Allen and Arkolakis
 
Working Papers: Click on the Titles and the Names to Access the PDFs and the Personal Websites, if any
"Does Unconventional Fiscal Policy Work at the Zero Bound? Evidence from Japanese Value-Added Tax Hikes" (2024) with Naoki Takayama (submitted)
​“Global Technology Stagnation” (2024) with Naoki Takayama (submitted)
“Hidden Stagflation” (2024) with Naoki Takayama
“Anchoring Inflation Expectation“ (2020) with Lawrence Christiano​
“Robustly Optimal Voting Rule” (2024) with Noriaki Kiguchi and Shinpei Noguchi (Revise and Resubmit at Journal of Economic Theory)
“An Experiment on a Multi-Period Beauty Contest Game” (2024) with Nobuyuki Hanaki (Revise and Resubmit, 2nd round, at Experimental Economics)

Works in Progress: Click on the Titles to Access the slides, if any
"Excess Returns of Integrated Government Balance Sheet"
“The Corporate Saving Glut in Japan”
“The Real Macroeconomics of Japanese Stagnation”
“Downward Nominal Wage Rigidity:  Theory and Evidence from Japanese Cotton Spinning Industry During WW1”
"The Rise in Markup or the Slowdown of Technology Progress? Evidence from PC Market" 

Other Publication:
"A Parsimonious Model for Zero Inflation at the Zero Lower Bound." Economic Letters 02/2025, Volume 247, with Naoki Takayama
The order of Figures 1 and 2 should be reversed. Refer to this working paper version for clarification.