Recent Research Interests

Dr. Kunieda’s research field is macroeconomics and his interests are in macroeconomic phenomena caused by financial market imperfections. More concretely, he has been theoretically and empirically investigating the effects that financial market imperfections have on economic growth, business cycles, the current account, and inequality. Dr. Kunieda has published research articles in high quality academic journals such as Economic Inquiry, Journal of International Money and Finance, Journal of Mathematical Economics, and Macroeconomic Dynamics.

Selected Publications

  • Takuma Kunieda and Akihisa Shibata (2016). “Asset Bubbles, Economic Growth, and a Self-fulfilling Financial Crisis.” Journal of Monetary Economics, Vol.82, 70-84.
  • Takuma Kunieda, Keisuke Okada, and Akihisa Shibata (2016). “Collateral Constraints and the Current Account: Theory and Evidence.” Economic Inquiry, Vol.54 (1), 633-651.
  • Takuma Kunieda, Keisuke Okada, and Akihisa Shibata (2014). “Finance and Inequality: How Does Globalization Change Their Relationship?,” Macroeconomic Dynamics, Vol.18(05), 1091-1128.
  • Takuma Kunieda (2008). “Asset Bubbles and Borrowing Constraints.” Journal of Mathematical Economics, Vol.44 (2), 112-131.
  • Takuma Kunieda and Akihisa Shibata (2005). “Credit Constraints and the Current Account: A Test for the Japanese Economy,” Journal of International Money and Finance, Vol.24 (8), 1261-1277.

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