Taisuke Nakata

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

13

DOWNLOADS

587

CITATIONS
Rank 33,217

SSRN RANKINGS

Top 33,217

in Total Papers Citations

6

Scholarly Papers (13)

1.
Downloads 99 (226,192)
Citation 1

Conservatism and Liquidity Traps

ECB Working Paper No. 1816
Number of pages: 49 Posted: 23 Jun 2015
Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 43 (359,401)
Citation 1

Abstract:

Deflationary Bias; Inflation Conservatism; Inflation Targeting; Liquidity Traps; Zero Lower Bound

Conservatism and Liquidity Traps

FEDS Working Paper No. 2014-105
Number of pages: 46 Posted: 09 Jan 2015
Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 30 (410,846)
Citation 1

Abstract:

Discretion, inflation conservatism, inflation targeting, liquidity traps, zero lower bound

Conservatism and Liquidity Traps

Tokyo Center for Economic Research (TCER) Paper No. E-101
Number of pages: 48 Posted: 27 Nov 2015
Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 26 (430,764)
Citation 1

Abstract:

The Risky Steady State and the Interest Rate Lower Bound

ECB Working Paper No. 1913
Number of pages: 55 Posted: 19 Jun 2016
Timothy Hills, Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 61 (304,975)

Abstract:

deflationary bias, disinflation, inflation targeting, risky steady state, tail risk

The Risky Steady State and the Interest Rate Lower Bound

FEDS Working Paper No. 2016-9
Number of pages: 52 Posted: 15 Feb 2016
Timothy Hills, Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 32 (401,876)

Abstract:

Deflationary Bias, Disinflation, Inflation Targeting, Risky Steady State, Tail Risk, Zero Lower Bound

3.

Uncertainty at the Zero Lower Bound

FEDS Working Paper No. 2013-09
Number of pages: 38 Posted: 04 Apr 2013
Taisuke Nakata
Board of Governors of the Federal Reserve System
Downloads 43 (352,782)
Citation 4

Abstract:

Occasionally binding constraints, liquidity trap, zero lower bound, uncertainty

4.
Downloads 42 (356,019)

Reputation and Liquidity Traps

FEDS Working Paper No. 2014-50
Number of pages: 63 Posted: 30 Jul 2014
Taisuke Nakata
Board of Governors of the Federal Reserve System
Downloads 26 (430,764)

Abstract:

credible policy, forward guidance, reputation, sustainable plan, time consistency, trigger strategy, zero lower bound

Reputation and Liquidity Traps

Tokyo Center for Economic Research (TCER) Paper No. E-87
Number of pages: 64 Posted: 26 Dec 2014
Taisuke Nakata
Board of Governors of the Federal Reserve System
Downloads 16 (488,075)

Abstract:

The Risk-Adjusted Monetary Policy Rule

ECB Working Paper No. 1985
Number of pages: 24 Posted: 03 Feb 2017
Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 17 (482,389)

Abstract:

effective lower bound, inflation targeting, monetary policy rule, risk, risky steady state

The Risk-Adjusted Monetary Policy Rule

FEDS Working Paper No. 2016-061
Number of pages: 22 Posted: 10 Aug 2016
Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 15 (493,946)

Abstract:

Effective Lower Bound, Inflation Targeting, Monetary Policy Rule, Risk, Risky Steady State

6.

Optimal Government Spending at the Zero Lower Bound: A Non-Ricardian Analysis

FEDS Working Paper No. 2015-038, http://dx.doi.org/10.17016/FEDS.2015.038
Number of pages: 35 Posted: 20 Jun 2015
Taisuke Nakata
Board of Governors of the Federal Reserve System
Downloads 31 (396,438)
Citation 1

Abstract:

Commitment, Distortionary Taxation, Government Spending, Liquidity Trap, Nominal Debt, Optimal Policy, Zero Lower Bound

7.

Optimal Fiscal and Monetary Policy with Occasionally Binding Zero Bound Constraints

FEDS Working Paper No. 2013-40
Number of pages: 31 Posted: 31 Jul 2013
Taisuke Nakata
Board of Governors of the Federal Reserve System
Downloads 21 (280,065)

Abstract:

Fiscal policy, government spending, occasionally binding constraints, liquidity trap, zero lower bound, Markov-perfect equilibria, commitment

8.

Fiscal Multipliers at the Zero Lower Bound: The Role of Policy Inertia

FEDS Working Paper No. 2014-107
Number of pages: 44 Posted: 04 Jan 2015
Timothy Hills and Taisuke Nakata
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 13 (388,392)

Abstract:

Fiscal Policy, Government Spending Multipliers, Interest Rate Smoothing, Liquidity Trap, Zero Lower Bound

9.
Downloads 10 (501,297)

Gradualism and Liquidity Traps

ECB Working Paper No. 1976
Number of pages: 31 Posted: 03 Feb 2017
Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 8 (533,806)

Abstract:

gradualism, inflation targeting, interest-rate smoothing, liquidity traps, zero lower bound

Gradualism and Liquidity Traps

FEDS Working Paper No. 2016-092
Number of pages: 30 Posted: 21 Nov 2016
Taisuke Nakata and Sebastian Schmidt
Board of Governors of the Federal Reserve System and European Central Bank (ECB)
Downloads 2 (568,509)

Abstract:

Gradualism, Inflation Targeting, Interest-Rate Smoothing, Liquidity Traps, Zero Lower Bound

10.

Welfare Costs of Shifting Trend Inflation

FEDS Working Paper No. 2013-12
Number of pages: 21 Posted: 06 Apr 2013
Taisuke Nakata
Board of Governors of the Federal Reserve System
Downloads 10 (475,501)

Abstract:

Great inflation, second-order approximation, trend inflation, welfare

11.

Small Sample Properties of Bayesian Estimators of Labor Income Processes

FEDS Working Paper No. 2014-25
Number of pages: 38 Posted: 10 Apr 2014
Taisuke Nakata and Christopher Tonetti
Board of Governors of the Federal Reserve System and New York University (NYU)
Downloads 5 (496,319)

Abstract:

Labor income process, small sample properties, GMM, bayesian estimation, error component models

12.

Equilibrium Yield Curves and the Interest Rate Lower Bound

FEDS Working Paper No. 2016-085
Number of pages: 65 Posted: 08 Nov 2016
Taisuke Nakata and Hiroatsu Tanaka
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 0 (380,750)

Abstract:

Effective Lower Bound, Forward Guidance, New Keynesian Model, Recursive Preference, Term Premiums, Term Structure of Interest Rates, Yield Curves

13.

Financial Stability and Optimal Interest-Rate Policy

FEDS Working Paper No. 2016-067
Number of pages: 72 Posted: 19 Aug 2016
Federal Reserve Board, Federal Reserve Board, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 0 (273,515)

Abstract:

Financial crises, Financial stability and risk, Leverage, Monetary policy, Optimal policy