Takayuki Tsuruga

Osaka University, Institute of Social and Economic Research

Professor

6-1 Mihogaoka

Ibaraki, 567-0047

Japan

http://www.iser.osaka-u.ac.jp/~tsuruga/

SCHOLARLY PAPERS

14

DOWNLOADS

337

SSRN CITATIONS
Rank 17,866

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Top 17,866

in Total Papers Citations

24

CROSSREF CITATIONS

37

Scholarly Papers (14)

Money-Financed Fiscal Stimulus: The Effects of Implementation Lag

ISER DP No. 1038
Number of pages: 35 Posted: 28 Aug 2018
Takayuki Tsuruga and Shota Wake
Osaka University, Institute of Social and Economic Research and Cabinet Secretariate
Downloads 33 (572,155)

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Anticipation Effect, Fiscal Multiplier, Government Spending, Seigniorage

Money-Financed Fiscal Stimulus: The Effects of Implementation Lag

CAMA Working Paper No. 12/2019
Number of pages: 43 Posted: 05 Feb 2019
Takayuki Tsuruga and Shota Wake
Osaka University, Institute of Social and Economic Research and Cabinet Secretariate
Downloads 13 (718,735)
Citation 1

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Anticipation effect, Fiscal multiplier, Government spending, Seigniorage

2.

The Safer, the Riskier: A Model of Financial Instability and Bank Leverage

CAMA Working Paper No. 26/2014
Number of pages: 24 Posted: 06 Mar 2014 Last Revised: 07 Mar 2014
Ryo Kato and Takayuki Tsuruga
Asia University and Osaka University, Institute of Social and Economic Research
Downloads 44 (504,146)
Citation 1

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Bank run, Financial crisis, Maturity mismatch

Noisy Information, Distance and Law of One Price Dynamics Across US Cities

CAMA Working Paper 77/2014
Number of pages: 37 Posted: 12 Dec 2014
Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga
Vanderbilt University - College of Arts and Science - Department of Economics, Vanderbilt University - College of Arts and Science - Department of Economics and Osaka University, Institute of Social and Economic Research
Downloads 24 (631,725)

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Real exchange rates, Law of one price, Relative prices, Trade cost

Noisy Information, Distance and Law of One Price Dynamics Across Us Cities

NBER Working Paper No. w17815
Number of pages: 38 Posted: 03 Feb 2012 Last Revised: 07 Mar 2021
Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga
Vanderbilt University - College of Arts and Science - Department of Economics, Vanderbilt University - College of Arts and Science - Department of Economics and Osaka University, Institute of Social and Economic Research
Downloads 15 (701,770)
Citation 3

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4.

Prudential Capital Controls or Bailouts? The Impact of Different Collateral Constraint Assumptions

CAMA Working Paper No. 25/2014
Number of pages: 24 Posted: 06 Mar 2014 Last Revised: 11 Mar 2014
Mitsuru Katagiri, Ryo Kato and Takayuki Tsuruga
Bank of Japan, Asia University and Osaka University, Institute of Social and Economic Research
Downloads 34 (553,075)
Citation 1

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Financial crises, Credit externalities, Bailouts, Macroprudential policies

5.

Decomposing Local Fiscal Multipliers: Evidence from Japan

ISER DP No. 1065, October 2019
Number of pages: 40 Posted: 28 Oct 2019
Taisuke Kameda, Ryoichi Namba and Takayuki Tsuruga
Cabinet Office, Government of Japan, Chubu Region Institute for Social and Economic Research and Osaka University, Institute of Social and Economic Research
Downloads 28 (587,237)

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fiscal stimulus, spillover, geographic cross-sectional fiscal

6.

The Law of One Price Without the Border: The Role of Distance Versus Sticky Prices

NBER Working Paper No. w14835
Number of pages: 37 Posted: 06 Apr 2009 Last Revised: 16 Jul 2010
Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga
Vanderbilt University - College of Arts and Science - Department of Economics, Vanderbilt University - College of Arts and Science - Department of Economics and Osaka University, Institute of Social and Economic Research
Downloads 24 (613,193)
Citation 3

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Current Account Dynamics Under Information Rigidity and Imperfect Capital Mobility

Globalization and Monetary Policy Institute Working Paper No. 335
Number of pages: 42 Posted: 14 Feb 2018 Last Revised: 29 Apr 2020
Akihisa Shibata, Mototsugu Shintani and Takayuki Tsuruga
Kyoto University, Vanderbilt University - College of Arts and Science - Department of Economics and Osaka University, Institute of Social and Economic Research
Downloads 9 (752,948)

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Current Account Dynamics Under Information Rigidity and Imperfect Capital Mobility

CAMA Working Paper No. 56/2018
Number of pages: 49 Posted: 07 Nov 2018
Akihisa Shibata, Mototsugu Shintani and Takayuki Tsuruga
Kyoto University, University of Tokyo - Research Center for Advanced Science and Technology (RCAST) and Osaka University, Institute of Social and Economic Research
Downloads 8 (761,570)

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Capital mobility, Imperfect information, Inattentive consumers, Permanent income hypothesis

Current Account Dynamics Under Information Rigidity and Imperfect Capital Mobility

ISER DP No. 1036
Number of pages: 44 Posted: 31 Jul 2018
Akihisa Shibata, Mototsugu Shintani and Takayuki Tsuruga
Kyoto University, University of Tokyo - Research Center for Advanced Science and Technology (RCAST) and Osaka University, Institute of Social and Economic Research
Downloads 5 (787,134)

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Capital mobility, Imperfect information, Inattentiveness, Permanent income hypothesis

8.

Effects of Commodity Price Shocks on Inflation: A Cross-Country Analysis

CAMA Working Paper No. 45/2017
Number of pages: 37 Posted: 21 Jul 2017
Atsushi Sekine and Takayuki Tsuruga
Faculty of Political Science and Economics, Waseda University and Osaka University, Institute of Social and Economic Research
Downloads 21 (633,972)
Citation 4

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Commodity prices, inflation, pass-through, local projections, smooth transition autoregressive models

9.

Sectoral Inflation Persistence, Market Concentration, and Imperfect Common Knowledge

ISER DP No. 1082, Revised August 2021. First submitted March 2020.
Number of pages: 42 Posted: 21 Apr 2020 Last Revised: 16 Aug 2021
Ryo Kato, Tatsushi Okuda and Takayuki Tsuruga
Asia University, Bank of Japan - Research and Statistics Department and Osaka University, Institute of Social and Economic Research
Downloads 17 (662,472)
Citation 1

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Imperfect Common Knowledge, Inflation Persistence, Market Concentration

A behavioral explanation for the puzzling persistence of the aggregate real exchange rate

CAMA Working Paper No. 40/2021
Number of pages: 54 Posted: 12 Apr 2021
Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga
Vanderbilt University - College of Arts and Science - Department of Economics, University of Tokyo and Osaka University, Institute of Social and Economic Research
Downloads 8 (761,570)

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Real exchange rates, Law of one price, Rational inattention, Trade cost

A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate

ISER DP No.1121
Number of pages: 53 Posted: 11 Mar 2021
Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga
Vanderbilt University - College of Arts and Science - Department of Economics, University of Tokyo and Osaka University, Institute of Social and Economic Research
Downloads 6 (778,655)

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Real exchange rates, Law of one price, Rational inattention, Trade cost

A Behavioral Explanation for the Puzzling Persistence of the Aggregate Real Exchange Rate

NBER Working Paper No. w27420
Number of pages: 53 Posted: 29 Jun 2020 Last Revised: 04 Jun 2021
Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga
Vanderbilt University - College of Arts and Science - Department of Economics, University of Tokyo and Osaka University, Institute of Social and Economic Research
Downloads 2 (815,025)
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11.

Pecuniary Externalities, Bank Overleverage, and Macroeconomic Fragility

ISER DP No. 1078, March 2020
Number of pages: 33 Posted: 16 Mar 2020
Ryo Kato and Takayuki Tsuruga
Asia University and Osaka University, Institute of Social and Economic Research
Downloads 14 (684,931)
Citation 1

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Financial crisis, Liquidity shortage, Maturity mismatch, Credit

12.

NBER Working Paper No. w16081
Number of pages: 31 Posted: 21 Jun 2010 Last Revised: 15 Jun 2020
Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga
Vanderbilt University - College of Arts and Science - Department of Economics, Vanderbilt University - College of Arts and Science - Department of Economics and Osaka University, Institute of Social and Economic Research
Downloads 13 (692,698)

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13.

Accounting for Persistence and Volatility of Good-Level Real Exchange Rates: The Role of Sticky Information

NBER Working Paper No. w14381
Number of pages: 53 Posted: 08 Oct 2008 Last Revised: 18 Oct 2021
Mario J. Crucini, Mototsugu Shintani and Takayuki Tsuruga
Vanderbilt University - College of Arts and Science - Department of Economics, Vanderbilt University - College of Arts and Science - Department of Economics and Osaka University, Institute of Social and Economic Research
Downloads 13 (692,698)
Citation 4

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14.

Sticky-Wage Models and Knowledge Capital

ISER DP No. 1046
Number of pages: 23 Posted: 29 Jan 2019
Federal Reserve Bank of PhiladelphiaVanderbilt University - College of Arts and Science - Department of Economics, Waseda University - School of Political Science and Economics, University of Tokyo - Research Center for Advanced Science and Technology (RCAST) and Osaka University, Institute of Social and Economic Research
Downloads 6 (747,816)

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Intangible Capital, Wage Rigidity, Monetary Policy