Shigeru Fujita

Senior Economist

"Private Equity Premium and Aggregate Uncertainty in a Model of Uninsurable Investment Risk," with Francisco Covas, The B.E. Journal of Macroeconomics, 2011, Vol. 11 (1), (Contributions), Article 20.
"Dynamics of Worker Flows and Vacancies: Evidence from the Sign Restriction Approach," Journal of Applied Econometrics, 2011, Vol. 26 (1), pp. 89-121.
"Procyclicality of Capital Requirements in a General Equilibrium Model of Liquidity Dependence," with Francisco Covas, International Journal of Central Banking, 2010, Vol. 6 (4), pp. 137-173.
"The Cyclicality of Separation and Job Finding Rates," with Garey Ramey, International Economic Review, 2009, Vol. 50 (2), pp. 415-430. View data used in this paper (50 KB)
"Job Matching and Propagation," with Garey Ramey, Journal of Economic Dynamics and Control, 2007, Vol. 31 (11), pp. 3671-3698.

"Exogenous vs. Endogenous Separation," with Garey Ramey, Working Paper 12-2, December 2011.
"Declining Labor Turnover and Turbulence," Working Paper 11-44, September 2011.
"Do Phillips Curves Conditionally Help to Forecast Inflation?," with Michael Dotsey and Tom Stark, Working Paper 11-40, September 2011.
"Effects of Extended Unemployment Insurance Benefits: Evidence from the Monthly CPS," Working Paper 10-35/R, January 2011.
"Reality of On-the-Job Search," Working Paper 10-34/R, February 2011.
"Worker Flows and Job Flows: A Quantitative Investigation," with Makoto Nakajima, Working Paper 09-33, November 2009.
"The Cyclicality of Worker Flows: New Evidence from the SIPP," with Christopher J. Nekarda and Garey Ramey, Working Paper 07-5, February 2007.
"The Cyclicality of Job Loss and Hiring," with Garey Ramey, Working Paper 06-17, September 2006.
"Vacancy Persistence," Working Paper 04-23, October 2004.