Publications

Rational Expectations Models with Higher-Order Beliefs (with Zhen Huo)

Review of Economic Studies, Volume 92, Issue 5, October 2025, 3138–3173.

Occupational Reallocation Within and Across Firms: Implications for Labor Market Polarization (with Toshihiko Mukoyama and Satoshi Tanaka)

Journal of Monetary Economics, Carnegie-Rochester-NYU Conference Volume 150, March 2025, 103701.

Online Appendix

Working Papers


Does Expected Inflation Matter? Evidence from Value-Added Tax Hikes in Japan (with Yuta Takahashi)

Global Technology Stagnation (with Yuta Takahashi) [submitted]

Hidden Stagflation (with Yuta Takahashi)

Higher-Order Beliefs, Confidence, and Business Cycles (with Zhen Huo)


Short Papers and Technical Notes

A Parsimonious Model for Zero Inflation at the Zero Lower Bound (with Yuta Takahashi)

Economics Letters, Volume 247, February 2025, 112134.