Books
Banking, Capital Markets, and Corporate Governance, Palgrave, New York, 2001 (with Toshiaki Tachibanaki).
Chapters in Edited Books
"Reforming corporate Governance and Employment Relations," (with Mami Kobayashi), in Bharti Thakor ed., Employment Relations: Changing Scenario, 2008.
"Security Design, Insider Monitoring, and Financial Market Equilibrium," in Ruud A.I.van Frederikslust, James S. Ang and P. Sudi Sudarsanam eds., Corporate Governcne and Corporate Finance, Routledge, New York, 2008.
"Injection of Public Funds into Banks under Deposit Insurance and Bank Regulation," in Hiroshi Osano and Toshiaki Tachibanaki eds., Banking, Capital Markets, and Corporate Governance, Palgrave, New York, 2001.
""Main" Bank System, Implicit Contracts and Trust in Deferred Payment Arrangements," (with Toshio Serita), in Toshiaki Tachibanaki ed., Labour Market and Economic Performance: Europe, Japan and the USA, Macmillan, London, pp.312-346, 1994.
Refereed Journal Articles
"The New Main Bank System," (with Mami Kobayashi), Journal of the Japanese International Economies, Vol.25, pp.336--354, 2011.
"Partial Ownership and Strategic Alliances with Reallocation of corporate resources," Journal of Institutional and Theoretical Economics, Vol.167, pp.202--223, 2011.
"Incentive Transfer Schemes with Marketable and Nonmarketable Public Services," (with Nobuo Akai and Keizo Mizuno), Journal of Institutional and Theoretical Economics, Vol.166, pp.614--640, 2010.
"Optimal Timing of Management Turnover under Agency Problems," (with Keiichi Hori), Journal of Economic Dynamics and Control, Vol.33, pp.1962-1980, 2009.
"Double Moral Hazard and Renegotiation," (with Mami Kobayashi), Research In Economics, Vol.59, pp.345-364, 2005.
"Optimal Scheme of Injection of Public Funds Under Moral Hazard Incentive for Banks,"The Japanese Economic Review, Vol.56, pp.223-247, 2005.
"Reformong Corporate Governance and employment Relations"iwith Mami Kobayashij, Japan Labor Review, Vol.2, pp. 58-80, 2005.
"Optimal Contracts for Central Banker and Public Debt Policy," (with Hiroshi Fujiki and Hirofumi Uchida),The Japanese Economic Review, Vol.55, pp. 372-400, 2004.
"Stock Options and Employees' Firm-Specific Human Capital under the Threat of Divesture and Acquisition," Journal of Corporate Finance, Vol.10, pp. 615-638, 2004.
"Dynamic Asset Investment Analysis of Japanese Life Insurance Companies under Regulation," (with Yuiichi Fukuta), Problems and Perspectives of Management, Vol.1, pp. 43-58, 2003.
"Lender Liability and Cleanup Procedure: A Comparison," (with Mami Kobayashi) Journal of Economic Research, Vol. 8, pp. 169-178, 2003.
"Wealth Dynamics and Endogenous Design of Firm Organization," The Japanese Economic Review, Vol.54, pp. 300-323, 2003.
"Managerial Compensation Contract and Bank Bailout Policy," Journal of Banking and Finance, Vol.26, pp. 25-49, 2002.
"Implementation of Multi-agent Incentive Contracts with the Principal's Renegotiation Offer," Review of Economic Design, Vol.4, pp. 161-177, 1999.
"Security Design, Insider Monitoring, and Financial Market Equilibrium," European Finance Review, Vol.2, pp. 273-302, 1999.
"Moral Hazard and Renegotiation in Multi-agent Incentive Contracts When Each Agent Makes a Renegotiation Offer," Journal of Economic Behavior and Organization, Vol.37, pp.207-230, 1998.
"Default and Renegotiation in Financial Distress in the Multiple Bank Model: An Analysis of the Main Bank System," The Japanese Economic Review, Vol.49, pp.138-157, 1998.
"An Evolutionary Model of Corporate Governance and Employment Contracts," Journal of the Japanese International Economies, Vol.11, pp.403-436, 1997.
"Breach of Contracts and Renegotiation in Corporate Takeovers," The Japanese Economic Review, Vol.47, pp.346-367, 1996.
"Intercorporate Shareholdings and Corporate Control in the Japanese Firm," Journal of Banking and Finance, Vol.20, pp.1047-1068, 1996.
"Renegotiation-Proof Lotteries Equilibrium in an Economy with Private Information," Journal of Economic Theory, Vol.65, pp.435- 467, 1995.
"Testing between Competing Models of Real Business Cycles," (with Tohru Inoue), International Economic Review, Vol.32, pp.669-688, 1991.
"Dynamic Labor Contracts under Asymmetric Information," Journal of Economic Theory, Vol.50, pp.175-192, 1990.
"Implicit Contracts and Reputations," Economic Studies Quarterly, Vol.40, pp.109-121, 1989.
"Implicit Contracts in the Japanese Labor Market," (with Tohru Inoue), Journal of the Japanese and International Economies, Vol.2, pp.181-198, 1988.
"Social Security and Lifetime Employment Contract," Economic Studies Quarterly, Vol.38, pp.107-123, 1987.
"Credit Rationing and Implicit Contract Theory," (with Yoshiro Tsutsui), International Journal of Industrial Organization, Vol.4, pp.419-438, 1986.
"Implicit Contracts in the Japanese Bank Loan Market," (with Yoshiro Tsutsui), Journal of Financial and Quantitative Analysis, Vol.20, pp.211-229, 1985.
Nonrefereed Journal Articles
"On Executive Agency Systems," (with Keizo Mizuno and Nobuo Akai), Osaka Economic Papers, Vol.55, pp.153-159, 2005.
"Basic Research and Applied R&D in a Model of Endogenous Economic Growth," Osaka Economic Papers, Vol.42, pp.144-167, 1992.
"Coordination Failure and Economic Growth," Osaka Economic Papers, Vol.40, 1991.