20 citations · 24 across the 7 of their papers we have counts for
7 papers
Dual Labor Market and the "Phillips Curve Puzzle"
Hideaki Aoyama, Corrado Di Guilmi, Yoshi Fujiwara +1
Low inflation was once a welcome to both policy makers and the public. However, Japan's experience during the 1990's changed the consensus view on price of economists and central b…
Direct Evidence for Synchronization in Japanese Business Cycle
Yuichi Ikeda, Hideaki Aoyama, Hiroshi Iyetomi +1
We have analyzed the Indices of Industrial Production (Seasonal Adjustment Index) for a long period of 240 months (January 1988 to December 2007) to develop a deeper understanding…
Equilibrium Distribution of Labor Productivity: A Theoretical Model
Hideaki Aoyama, Hiroshi Iyetomi, Hiroshi Yoshikawa
We construct a theoretical model for equilibrium distribution of workers across sectors with different labor productivity, assuming that a sector can accommodate a limited number o…
Coupled Oscillator Model of the Business Cycle with Fluctuating Goods Markets
Y. Ikeda, H. Aoyama, Y. Fujiwara +4
The sectoral synchronization observed for the Japanese business cycle in the Indices of Industrial Production data is an example of synchronization. The stability of this synchroni…
What Causes Business Cycles? Analysis of the Japanese Industrial Production Data
Hiroshi Iyetomi, Yasuhiro Nakayama, Hiroshi Yoshikawa +4
We explore what causes business cycles by analyzing the Japanese industrial production data. The methods are spectral analysis and factor analysis. Using the random matrix theory,…
Labour Productivity Superstatistics
Hideaki Aoyama, Hiroshi Yoshikawa, Hiroshi Iyetomi +1
We discuss superstatistics theory of labour productivity. Productivity distribution across workers, firms and industrial sectors are studied empirically and found to obey power-dis…