Research¶

Last Update: Jun 14, 2022

Preprints of publications are downloadable from the page, Contents of My Paper.

Publication¶

“Optimal irreversible monetary policy.”

Author(s): Kohei Hasui, Teruyoshi Kobayashi, and Tomohiro Sugo

European Economic Review 134, 103707, 2021.
“How robustness can change the desirability of speed limit policy.”

Author(s): Kohei Hasui

Scottish Journal of Political Economy 68(5), 553-570, 2021.
“Trend growth and robust monetary policy.”

Author(s): Kohei Hasui

The B.E. Journal of Macroeconomics (Contributions) 21(2), 449-472, 2021.
“A note on robust monetary policy and non-zero trend inflation.”

Author(s): Kohei Hasui

Macroeconomic Dynamics 24(6), 1574-1594, 2020.
“Role of expectations in a liquidity trap.”

Author(s): Kohei Hasui, Yoshiyuki Nakazono, and Yuki Teranishi

Journal of the Japanese and International Economies 52, 201-215, 2019.
“Efficient immunization strategies to prevent financial contagion.”

Author(s): Teruyoshi Kobayashi and Kohei Hasui

Scientific Reports 4, 3834, 2014.
“The liquidity effect and tightening effect of the zero lower bound.”

Author(s): Kohei Hasui

Japanese Journal of Monetary and Financial Economics 2(2), 1-15, 2014.

Japan Society of Monetary Economics.

“Monetary policy inertia, macroprudential policy, and financial stability in a liquidity trap.”

Author(s): Kohei Hasui

Bulletin of Matsuyama University (Matsuyama Daigaku Ronshu) 32(5), 59-78, 2021.
“Financial markets and the channels of monetary policy transmission.”

Author(s): Kohei Hasui and Teruyoshi Kobayashi

Journal of Economics and Business Administration (Kokumin-Keizai Zasshi) 207(2), 65-78, 2013. (in Japanese)

“Habit persistence and zero lower bound risk under optimal discretionary monetary policy,” 2022, SSRN 4029534.

Authors(s): K. Hasui and Satoshi Hoshino.

This paper was presented in the 16th MME SI in Kobe (Sep 2021), the JSME Chubu Study Group (Nov 2021), the 1st Sasashima Seminar (Dec 2021), the JSME Spring Meeting (May 2022), and the 5th International Conference on Econometrics and Statistics EcoSta 2022 (Jun 2022).
“Progressive taxation and robust monetary policy,” 2020, SSRN 3742103.

R&R at the BE Journal of Macroeconomics, May 2022.

Author(s): Kazuki Hiraga and K. Hasui

This paper was presented in JSME Autumn Meeting (October 2020, online virtual meeting).
“Liquidity trap and optimal monetary policy revisited,”

Revision requested from International Journal of Central Banking.

Author(s): K. Hasui, Tomohiro Sugo, and Yuki Teranishi

UTokyo Price Project Working Paper Series University of Tokyo No.79, 2016.

This paper was presented in the SWET (August 2015), JSME Autumn Meeting (October 2015), and the 17th Macroeconomics Conference (November 2015).

“Estimating a behavioral New Keynesian model under optimal monetary policy,” 2022.

Author(s): K. Hasui

Keywords: Markov switching, quasi-commitment, and cognitive discounting.
“Zero lower bound risk and real exchange rate,” 2022.

Author(s): K. Hasui and Daisuke Ida.

Keywords: Uncertainty effect, terms of trade, and liquidity trap.

Presented in the 70th KMSG workshop (Jun, 2022).

Research Paper Award (Sep, 2021)

Monetary Economics Seminar of Kobe University.

(神戸大学金融研究会)

Principal Investigator:

JSPS KAKENHI 22K01585 Grant-in-Aid for Scientific Research (C).

FY2022-2025, JPY2,990,000 (Co-Investigator: Satoshi Hoshino).
The Nitto Foundation. The 38th Research Grant: Number 46.

FY2022, JPY 700,000.
JSPS KAKENHI 17K13768 Grant-in-Aid for Young Scientists (B).

FY2017-2020, JPY3,510,000.

Co-Investigator:

Center Project Matsuyama University

FY2017-2019 with Tatsuro Kakeshita (Principal Investigator) and Keiichiro Nishio.
JSPS KAKENHI 16K03920 Grant-in-Aid for Scientific Research (C).

FY2016-2019 (Principal Investigator: Tatsuro Kakeshita).