Opacity: Insurance and Fragility, Review of Economic Dynamics, Vol. 40, p.p. 146-169, 2021
Financial Stability with Sovereign Debt, Journal of Financial Stability, Vol. 51, 2020
Regional Integration and Financial Regulation, with Sahoko Kaji, Public Policy Review, Vol.12, No.2, 2016  
Working paper

(under review)

  • Presentation slides (from September 2021)

  • presented at the Spring 2018 Midwest Macroeconomics Meetings (UW-Madison), the Fall 2021 Midwest Economic Theory Conference, the 2021 MMF conference, Nankai University, SHUFE, Kwansei Gakuin University, Waseda University.

Overeducation in the European Labor Markets, with Hiro Miyamoto and Ippei Shibata
  • presented at International Monetary Fund

Selected work in progress
Banking Panics and Delayed Interventions, with Yang Li
Reselling, with K. Hara
Opacity, Signaling, and Bail-ins, with K. Asai and B. Grundy
  • presented at ASSA 2022 (poster)


Annals of Finance, Economic Theory, Finance Research Letters, Global Finance Journal, International Journal of Economic Theory, Journal of Financial Stability, Macroeconomic Dynamics