Makoto Nakajima

Senior Economist

"A Quantitative Analysis of Unemployment Benefit Extensions," Journal of Monetary Economics, 59(7), November 2012, 686-702.
"Rising Indebtedness and Temptation: A Welfare Analysis," Quantitative Economics, 3(2), July 2012, 257-288.
"Business Cycles in the Equilibrium Model of Labor Market Search and Self-Insurance," International Economic Review, 53(2), May 2012, 399-432.
"A Quantitative Theory of Unsecured Consumer Credit with Risk of Default," (with Satyajit Chatterjee, Dean Corbae, and José-Víctor Ríos-Rull), Econometrica, 75(6), November 2007, 1525-1589.
"Default and Aggregate Fluctuations in Storage Economies," (José-Víctor Ríos-Rull), in Frontiers in Applied General Equilibrium Modelling, with T. Kehoe, T.N. Srinivasan, and J. Whalley, eds., Cambridge, UK: Cambridge University Press, 2005.

"Reverse Mortgage Loans: A Quantitative Analysis," with Irina A. Telyukova, Working Paper 13-27, June
2013.
"Worker Flows and Job Flows: A Quantitative Investigation," with Shigeru Fujita, Working Paper 13-9, February
2013.
"Monetary Policy with Heterogeneous Agents," with Nils Gornemann and Keith Kuester, Working Paper 12-21, September 2012.
"Rising Indebtedness and Temptation: A Welfare Analysis," Working Paper 11-39, September 2011.
"Home Equity Withdrawal in Retirement," with Irina A. Telyukova, Working Paper 11-15, April 2011.
"A Quantitative Analysis of Unemployment Benefit Extensions," Working Paper 11-8/R, November 2011.
"Business Cycles in the Equilibrium Model of Labor Market Search and Self-Insurance," Working Paper 10-24, August 2010.
"Optimal Capital Income Taxation with Housing," Working Paper 10-11, April 2010.
"Worker Flows and Job Flows: A Quantitative Investigation," with Shigeru Fujita, Working Paper 09-33, November 2009.
"Rising Indebtedness and Hyperbolic Discounting: A Welfare Analysis," Working Paper 09-25/R, May 2010.
"Equilibrium Default and Temptation"
"Rising Earning Instability, Portfolio Choice, and Housing Prices"
"Bankruptcy Filings and Aggregate Fluctuations in Growth Economies," (with José-Víctor Ríos-Rull).