Details about Naohisa Hirakata

Access statistics for papers by Naohisa Hirakata.

Last updated 2024-10-09. Update your information in the RePEc Author Service.

Short-id: phi121

Working Papers

2024

1. Counterfactual Simulation of the Effect of Large-Scale Monetary Easing on Japan's Financial System
   Bank of Japan Working Paper Series, Bank of Japan
2. Role of Foreign Direct Investment as a Long-term Capital Flow Channel
   IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan

2023

3. Top-Down Scenario Analysis of Climate-Related Financial Risks: Perspective from Time Horizon and Inter-Industry Spillovers
   Bank of Japan Research Papers, Bank of Japan

2019

4. The Quarterly Japanese Economic Model (Q-JEM): 2019 version
   Bank of Japan Working Paper Series, Bank of Japan View citations (13)

2018

5. Nowcasting Japanese GDPs
   Bank of Japan Working Paper Series, Bank of Japan View citations (4)
6. The Labor Share, Capital-Labor Substitution, and Factor Augmenting Technologies
   Bank of Japan Working Paper Series, Bank of Japan View citations (3)

2017

7. Empirical Evidence on "Systemic as a Herd": The Case of Japanese Regional Banks
   Bank of Japan Working Paper Series, Bank of Japan View citations (1)

2015

8. Japan's Financial Crisis and Lost Decades
   Working Papers, HAL
   Also in Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2014) View citations (4)
   See also Journal Article Japan's financial crises and lost decades, Japan and the World Economy, Elsevier (2016) View citations (4) (2016)

2014

9. Emerging Economies' Supply Shocks and Japan's Price Deflation: International Transmissions in a Three-Country DSGE Model
   ADBI Working Papers, Asian Development Bank Institute View citations (14)
   Also in Macroeconomics Working Papers, East Asian Bureau of Economic Research (2014) View citations (7)

2013

10. Capital Flow, Foreign Direct Investment and Home Market Effect
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan
11. Financial Frictions, Capital Misallocation, and Structural Change
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan
    See also Journal Article Financial frictions, capital misallocation and structural change, Journal of Macroeconomics, Elsevier (2019) View citations (5) (2019)
12. Heterogeneous bank loan responses to monetary policy and bank capital shocks: a VAR analysis based on Japanese disaggregated data
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (1)
13. Is the net worth of financial intermediaries more important than that of non-financial firms?
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (2)
14. The International Finance Multiplier in Business Cycle Fluctuations
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan

2012

15. Aging and Household Stockholdings: Evidence from Japanese Household Survey Data
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (9)

2011

16. Capital Injection, Monetary Policy, and Financial Accelerators
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (16)
    See also Journal Article Capital Injection, Monetary Policy, and Financial Accelerators, International Journal of Central Banking, International Journal of Central Banking (2013) View citations (29) (2013)
17. Do banking shocks matter for the U.S. economy?
    Globalization Institute Working Papers, Federal Reserve Bank of Dallas View citations (40)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2010) View citations (10)
    See also Journal Article Do banking shocks matter for the U.S. economy?, Journal of Economic Dynamics and Control, Elsevier (2011) View citations (44) (2011)

2010

18. The Effects of Oil Price Changes on the Industry-Level Production and Prices in the U.S. and Japan
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (31)
    Also in IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2009) View citations (7)

2009

19. Accounting for Oil Price Variation and Weakening Impact of the Oil Crisis
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (5)
20. Chained Credit Contracts and Financial Accelerators
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (40)
    See also Journal Article CHAINED CREDIT CONTRACTS AND FINANCIAL ACCELERATORS, Economic Inquiry, Western Economic Association International (2017) View citations (5) (2017)

2007

21. Dynamic Aspects of Productivity Spillovers, Terms of Trade and The "Home Market Effects"
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan
    See also Journal Article Dynamic Aspects of Productivity Spillovers, Terms of Trade, and the “Home Market Effect”, IMF Staff Papers, Palgrave Macmillan (2009) (2009)
22. Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policy-making under Uncertainty
    IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan View citations (5)
    See also Journal Article Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policymaking under Uncertainty, Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan (2007) View citations (9) (2007)

2006

23. The New Estimates of Output Gap and Potential Growth Rate
    Bank of Japan Review Series, Bank of Japan View citations (28)

2003

24. Analysis of the Relative Price of Nontradable Goods in the G7 Countries
    Bank of Japan Working Paper Series, Bank of Japan

2002

25. Import Penetration and Consumer Prices
    Bank of Japan Working Paper Series, Bank of Japan View citations (13)

Journal Articles

2021

1. Mixed-frequency approaches to nowcasting GDP: An application to Japan
   Japan and the World Economy, 2021, 57, (C) View citations (6)

2020

2. Systemic risk and the Fallacy of Composition: Empirical Evidence from Japanese Regional Bank
   International Journal of Central Banking, 2020, 16, (4), 293-325 View citations (1)

2019

3. Financial frictions, capital misallocation and structural change
   Journal of Macroeconomics, 2019, 61, (C), - View citations (5)
   See also Working Paper Financial Frictions, Capital Misallocation, and Structural Change, IMES Discussion Paper Series (2013) (2013)

2017

4. CHAINED CREDIT CONTRACTS AND FINANCIAL ACCELERATORS
   Economic Inquiry, 2017, 55, (1), 565-579 View citations (5)
   See also Working Paper Chained Credit Contracts and Financial Accelerators, IMES Discussion Paper Series (2009) View citations (40) (2009)

2016

5. Japan's financial crises and lost decades
   Japan and the World Economy, 2016, 40, (C), 31-46 View citations (4)
   See also Working Paper Japan's Financial Crisis and Lost Decades, Working Papers (2015) (2015)

2013

6. Capital Injection, Monetary Policy, and Financial Accelerators
   International Journal of Central Banking, 2013, 9, (2), 101-145 View citations (29)
   See also Working Paper Capital Injection, Monetary Policy, and Financial Accelerators, IMES Discussion Paper Series (2011) View citations (16) (2011)

2012

7. Demographic Changes and Macroeconomic Performance: Summary of the 2012 BOJ-IMES Conference Organized by the Institute for Monetary and Economic Studies of the Bank of Japan
   Monetary and Economic Studies, 2012, 30, 1-18

2011

8. Do banking shocks matter for the U.S. economy?
   Journal of Economic Dynamics and Control, 2011, 35, (12), 2042-2063 View citations (44)
   See also Working Paper Do banking shocks matter for the U.S. economy?, Globalization Institute Working Papers (2011) View citations (40) (2011)

2009

9. Dynamic Aspects of Productivity Spillovers, Terms of Trade, and the “Home Market Effect”
   IMF Staff Papers, 2009, 56, (4), 958-969
   See also Working Paper Dynamic Aspects of Productivity Spillovers, Terms of Trade and The "Home Market Effects", IMES Discussion Paper Series (2007) (2007)

2007

10. Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policymaking under Uncertainty
    Monetary and Economic Studies, 2007, 25, (2), 89-128 View citations (9)
    See also Working Paper Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policy-making under Uncertainty, IMES Discussion Paper Series (2007) View citations (5) (2007)

2005

11. Monetary Policy in a Liquidity Trap: What Have We Learned, and to What End?
    International Finance, 2005, 8, (3), 471-508 View citations (6)

Chapters

2011

1. The Effects of Oil Price Changes on the Industry-Level Production and Prices in the United States and Japan
   A chapter in Commodity Prices and Markets, 2011, pp 195-231 View citations (10)