Selected Publications

• Credit Booms, Debt Overhang and Secular Stagnation, (with G. Illing and M. Schlegl), European Economic Review, Vol. 108, pp. 78-104, September 2018.
• Time Patience and Specialization Patterns in the Presence of Asset Trade, (with A. Shibata), Journal of Money, Credit and Banking, Vol. 42, No. 1, pp. 93-112, February 2010.
• TRADE AND INDUSTRIAL POLICY UNDER INTERNATIONAL OLIGOPOLY, (with S. Lahiri), Cambridge University Press, 2004.
• A Reinterpretation of Chapter 17 of Keynes's General Theory: Effective Demand Shortage under Dynamic Optimization, International Economic Review, Vol. 42, pp. 207-236, February 2001.
• MONEY, INTEREST, AND STAGNATION - Dynamic Theory and Keynes's Economics -, Oxford University Press, 1994.