Research

Peer-reviewed Journal Publications

(9) “Does a Financial Crisis Impair Corporate Innovation?” (With Masami Imai) 2024, Journal of Money, Credit and Banking, forthcoming.
(8) “The Effects of Lender of Last Resort on Financial Intermediation during the Great Depression in Japan” (With Masami Imai, Tetsuji Okazaki) European Review of Economic History, Vol.26-3 pp. 448–478, 2022.
(7) “Measuring the Extent and Implications of Corporate Political Connections in Prewar Japan” (With Tetsuji Okazaki) Explorations in Economic History, Vol.65 pp.17-35, 2017.
(6) “How does the stock market value bank diversification? Empirical evidence from Japan” Pacific-Basin Finance Journal, Vol.25, pp.40-61, 2013.
(5) “Measuring the effect of postal saving privatization on the Japanese banking industry: Evidence from the 2005 general election”Pacific-Basin Finance Journal , Vol.21-1 pp.967-983, 2013.
(4) “Interbank networks in prewar Japan: structure and implications” (With Tetsuji Okazaki) Industrial and Corporate Change, Vol.21-2 pp.463-506, 2013.
(3) “Liquidity risk and bank portfolio management in a financial system without deposit insurance: Empirical evidence from prewar Japan” International Review of Economics and Finance, Vol.19-3 pp. 392-406, 2010.
(2) “Effect of Bank Consolidation Promotion Policy; Evaluating the Bank Law in 1927 Japan” (With Tetsuji Okazaki) Financial History Review, Vol.14-1 pp.29-61, 2007.
(1) “Measuring the Extent and Implications of Director Interlocking in the Pre-war Japanese Banking Industry” (With Tetsuji Okazaki and Kazuki Yokoyama) Journal of Economic History, Vol.65-4 pp.1082-1111, 2005.

Peer-reviewed Journal Publications (In Japanese)

“Bank consolidation and financial stability in Prewar Japan” (With Tetsuji Okazaki), Socio-Economic History (Shakai-Keizai-Shigaku), Vol.69-3.

Open Access Journal

“The Fall of 'Organ Bank' Relationships During the Wave of Bank Failures and Consolidations: Experience in Pre-war Japan” (With Tetsuji Okazaki and Key Wang), Corporate Ownership and Control (2007) vol.4-4 pp.19-41.

Referee Service

Economic History Review, Explorations in Economic History, Emerging Markets Finance and Trade, International Review of Economics and Finance, Japanese Economic Review, Journal of Business Research, Journal of Small Business Management, Risk Management, Japanese Journal of Monetary and Financial Economics, Review of Monetary and Financial Studies (Kinyu-Keizai-Kenkyu), Socio-Economic History (Shakai-Keizai-Shigaku), Business History (Keiei-Shigaku).