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/

  • Osaka University, Institute of Social and Economic Research

SCHOLARLY PAPERS

16

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696

SSRN CITATIONS
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Top 17,332

in Total Papers Citations

31

CROSSREF CITATIONS

37

Scholarly Papers (16)

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1.

Money-Financed Fiscal Stimulus: The Effects of Implementation Lag

Downloads 77 (493,258)
Citation 1

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 48 (635,779)

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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 29 (764,813)
Citation 1

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Anticipation effect, Fiscal multiplier, Government spending, Seigniorage

2.

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 76 (496,989)
Citation 4

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

3.

Current Account Dynamics Under Information Rigidity and Imperfect Capital Mobility

Downloads 59 (567,475)

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 23 (814,539)

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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 21 (831,984)

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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 15 (887,956)

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Capital mobility, Imperfect information, Inattentiveness, Permanent income hypothesis

4.

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 57 (576,904)
Citation 1

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Bank run, Financial crisis, Maturity mismatch

5.

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

Downloads 54 (591,329)
Citation 8

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 30 (756,885)

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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: 06 Mar 2023
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 (805,881)
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6.

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 51 (606,759)

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fiscal stimulus, spillover, geographic cross-sectional fiscal

7.

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 50 (612,022)
Citation 1

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Financial crises, Credit externalities, Bailouts, Macroprudential policies

8.

Accounting for the Slowdown in Output Growth after the Great Recession: A Wealth Preference Approach

ISER DP No. 1174R
Number of pages: 37 Posted: 13 May 2022 Last Revised: 24 Mar 2023
Kazuma Inagaki, Yoshiyasu Ono and Takayuki Tsuruga
University of Rochester, Osaka University - Institute of Social and Economic Research (ISER) and Osaka University, Institute of Social and Economic Research
Downloads 45 (639,061)

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Secular stagnation, Wealth preferences, Liquidity preferences, the Great Recession, Downward nominal wage rigidity

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 37 (687,349)
Citation 1

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Imperfect Common Knowledge, Inflation Persistence, Market Concentration

10.

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 2022
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 35 (700,389)
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11.

Sticky Wages in a World of Ideas

ISER DP No. 1159
Number of pages: 43 Posted: 09 Feb 2022
Kevin X. D. Huang, Kevin X. D. Huang, Munechika Katayama, Mototsugu Shintani and Takayuki Tsuruga
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 30 (735,106)

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Ideas, Nonrivalry, Knowledge Capital, Sticky Wages, Monetary Neutrality

12.

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

Downloads 29 (742,477)
Citation 1

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 17 (869,073)
Citation 1

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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 9 (946,249)

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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 Dec 2022
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 3 (999,963)

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13.

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 29 (742,477)
Citation 1

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Financial crisis, Liquidity shortage, Maturity mismatch, Credit

14.

Sticky-Wage Models and Knowledge Capital

ISER DP No. 1046
Number of pages: 23 Posted: 29 Jan 2019
Kevin X. D. Huang, Kevin X. D. Huang, Munechika Katayama, Mototsugu Shintani and Takayuki Tsuruga
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 27 (757,280)

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Intangible Capital, Wage Rigidity, Monetary Policy

15.

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: 19 Oct 2022
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 21 (805,085)
Citation 4

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16.

Do Sticky Prices Increase Real Exchange Rate Volatility at the Sector Level?

NBER Working Paper No. w16081
Number of pages: 31 Posted: 21 Jun 2010 Last Revised: 11 Dec 2022
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 19 (822,124)
Citation 1

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