Japanese
WATANABE, Tsutomu
Publications
Publications April, 2000-
<Book and Monograph>
New Approaches to the Analysis of Business and Economic Data, (co-edited by Misako Takayasu, Tsutomu Watanabe, Hideki Takayasu) Springer, May 2010.

<Articles>
“Fiscal Policy Switching in Japan, the U.S., and the U.K.” (with A. Ito and T. Yabu), Journal of the Japanese and International Economies, forthcoming.
“On the Nonstationarity of the Exchange Rate Process,” (with T. Ohnishi, H. Takayasu, T. Ito, Y. Hashimoto, M. Takayasu), International Review of Financial Analysis, forthcoming.
“A New Method for Measuring Tail Exponents of Firm Size Distributions,” (with S. Fujimoto, A. Ishikawa, T. Mizuno) Research Center for Price Dynamics Working Paper Series No. 75, July 2011.
“House Prices at Different Stages of the Buying/Selling Process,” (with Chihiro Shimizu and Kiyohiko G. Nishimura) Research Center for Price Dynamics Working Paper Series No. 69, February 2011.
“Collective Purchase Behavior toward Retail Price Changes,” (with H. Ueno, H. Takayasu, and M. Takayasu) Physica A, Volume 390, Issue 3, February 2011, 499-504.
“Closely Competing Firms and Price Adjustment: Some Findings from an Online Marketplace,” (with T. Mizuno and M. Nirei) Scandinavian Journal of Economics, Volume 112, Issue 4, December 2010, 673-696.
“Housing Prices in Tokyo: A Comparison of Hedonic and Repeat-Sales Measures,” (with C. Shimizu and K. G. Nishimura) Journal of Economics and Statistics, Volume 230, Issue 6, Special issue on “Index Theory and Price Statistics” edited by Erwin Diewert and Peter von der Lippe, December 2010, 792-813.
“Firm Age and the Evolution of Borrowing Costs: Evidence from Japanese Small Firms,” (with K. Sakai and I. Uesugi) Journal of Banking and Finance, Vol. 34, No. 8, August 2010, 1970–1981.
“On the Evolution of the House Price Distribution,” (with T. Ohnishi, T. Mizuno, C. Shimizu) Research Center for Price Dynamics Working Paper Series No. 61, August 2010.
“Residential Rents and Price Rigidity: Micro Structure and Macro Consequences,” (with C. Shimizu and K. G. Nishimura) Journal of the Japanese and International Economies, Volume 24, Issue 2, June 2010, 282-299.
“A Statistical Analysis of Product Prices in Online Markets,” (with T. Mizuno) European Physical Journal B, Vol. 76, No. 4, August 2010, 501-506.
“The Bursting of Housing Bubble as Jamming Phase Transition,” (with K. Nishinari, M. Iwamura, Y. Saito) Journal of Physics: Conference Series, Volume 221, 012006, June 25, 2010.
“The Firm as a Bundle of Barcodes,” (with K. Sakai) European Physical Journal B, Vol. 76, No. 4, August 2010, 507-512.
“Random Walk or A Run: Market Microstructure Analysis of Foreign Exchange Rate Movements based on Conditional Probability,” (with Y. Hashimoto, T. Ito, T. Ohnishi, M. Takayasu, H. Takayasu) Quantitative Finance, 13 December, 2010.
“Life-span Distributions of Supermarket Products,” (with H. Ueno, M. Takayasu) Journal of Physics: Conference Series, Volume 221, 012018, June 25, 2010.
“A New Method for Identifying the Effects of Central Bank Interventions,” (with C. Chen and T. Yabu) Research Center for Price Dynamics Working Paper Series No. 30, January 2009.
“Dynamics of Quote and Deal Prices in the Foreign Exchange Market,” (with T. Ohnishi, H. Takayasu, T. Ito, Y. Hashimoto, M. Takayasu), Journal of Economic Interaction and Coordination, Volume 3, Number 1, June 2008, 99-106.
“Menu Costs and Price Change Distributions: Evidence from Japanese Scanner Data,” (with Y. Saito) Research Center for Price Dynamics Working Paper Series No. 17, December 2007.
“Do Larger Firms Have More Interfirm Relationships?” (with Y. Saito and M. Iwamura) Physica A, Vol. 383, Issue 1, September 2007, 158-163.
“The Great Intervention and Massive Money Injection: The Japanese Experience 2003-2004,” (with T. Yabu) Research Center for Price Dynamics Working Paper Series No. 12, June 2007. 
“Optimal Monetary Policy at the Zero Interest Rate Bound: The Case of Endogenous Capital Formation,” (with T. Takamura, T. Kudo,) Research Center for Price Dynamics Working Paper Series No. 3, November 2006.
“Monetary and Fiscal Policy in a Liquidity Trap: The Japanese Experience 1999-2004,” (with M. Iwamura, T. Kudo) T. Ito and A. Rose (eds.) Monetary Policy with Very Low Inflation in the Pacific Rim, NBER-EASE Volume 15, 2006, 233-273.
“Optimal Monetary Policy at the Zero-Interest-Rate Bound,” (with J. Taehun, Y. Teranishi) Journal of Money, Credit, and Banking 37 (5), October 2005, 813-835. 
“Characteristic Market Behaviors Caused by Intervention in Foreign Exchange Market,” (with T. Mizuno, Y. Saito, H. Takayasu) H. Takayasu (ed.) Practical Fruits of Econophysics: Proceedings of the Third Nikkei Econophysics Symposium, Springer, 2005, 33-37.
“Are Firm Growth Rates Random? Evidence from Japanese Small Firms,” (with Y. Saito) H. Takayasu (ed.) Practical Fruits of Econophysics: Proceedings of the Third Nikkei Econophysics Symposium, Springer, 2005, 277-282.
“Tax Policy and Consumer Spending: Evidence from Japanese Fiscal Experiments,” (with K. Watanabe, T. Watanabe) Journal of International Economics 53, 2001, 261-281.
“Output-inflation Tradeoff at Near-zero Inflation Rates,” (with K. Nishizaki) Journal of the Japanese and International Economies 14, 2000, 304-326.
HOME