Research on firm's productivity and pricing behavior,etc.
We conduct research that contributes to macroeconomic policy on a wide range of topics. In particular, we focus on theoretical analysis based on the latest research findings and empirical analysis using micro data in order to deepen our consideration of the structure of stagnant productivity and prolonged deflation.
(ESRI Discussion Paper Series)
- No.389:”Market Power and Labor Shares : Evidence from Japanese Firm-Level Data”
Ryoya Nagao, Yoshiyuki Nakazono, Kento Tango March, 2024 - No.388:”Cost of Price Rigidity under Trend Inflation: Evidence from International Trade”
Hirokazu Ishise March, 2024 - No.370:”Life Satisfaction of the Japanese people under Covid-19 Pandemic”
Ryo Kitagawa, Nomura Hiroshi July, 2022 - No.368:”Identification and Estimation of Production Function with Unobserved Heterogeneity”
Hiroyuki Kasahara, Paul Schrimpf, Michio Suzuki April, 2022 - No.367:”The Formation of Inflation Expectations: Micro-data Evidence from Japan”
Junichi Kikuchi, Yoshiyuki Nakazono, March, 2022 - No.365:”The Effect of Bank Recapitalization Policy on Credit Allocation and Corporate Investment: Evidence from a Banking Crisis in Japan”
Hiroyuki Kasahara, Yasyuki Sawada, Michio Suzuki July, 2021 - No.363:”Time to See a Doctor: Expenditure at Retirement in Japan”
Kento Tango, Yoshiyuki Nakazono June, 2021 - No.360:”A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate”
Mario J. Crucini, Mototsugu Shintani, Takayuki Tsuruga March, 2021 - No.359:”Sectoral inflation persistence, market concentration and imperfect common knowledge”
Ryo Kato, Tatsushi Okuda, Takayuki Tsuruga March,2021 - No.353:”Inflation Expectations and Consumer Spending: Micro-data Evidence”
Junichi Kikuchi, Yoshiyuki Nakazono July, 2020 - No.344:”Current Account Dynamics under Information Rigidity and Imperfect Capital Mobility”
Akihisa Shibata,Mototsugu Shintani,Takayuki Tsuruga February, 2018 - No.343:”What Do Microsimulations Tell Us about Fiscal Costs of the Newly Launched Income Contingent Loans in Japan?”
Masaaki Kawagoe,Yukiko Ito,Masato Takara January, 2018