20 citations · 24 across the 7 of their papers we have counts for
4 papers · 1 filter
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…
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…
Productivity Dispersion: Facts, Theory, and Implications
Hideaki Aoyama, Hiroshi Yoshikawa, Hiroshi Iyetomi +1
We study productivity dispersions across workers, firms and industrial sectors. Empirical study of the Japanese data shows that they all obey the Pareto law, and also that the Pare…