Hiroshi GUNJI

J-GLOBAL         Last updated: Apr 1, 2019 at 22:34
Hiroshi GUNJI
Daito Bunka University
Faculty of Economics, Department of Modern Economics
Job title

Research Areas



Graduate School, Division of Social Sciences, Hosei University
Faculty of Economics, Hosei University

Published Papers

Gunji Hiroshi, Miyazaki Kenji
JAPAN AND THE WORLD ECONOMY   42 45-55   Jun 2017   [Refereed]
To investigate why female labor supply is lower than male labor supply in Japan, we extend the business cycle accounting approach of Chari et al. (2007, Econometrica, vol. 75, pp. 781-836). We first apply business cycle accounting with two labor t...
Hiroshi Gunji, Yuan Yuan
Applied Economics Letters   1-4   Nov 2017   [Refereed]
Using bank-level data in Asia, we examine the relationship between the effectiveness of monetary policy and the business diversification of banks. We find that bank diversification enhances the effect of monetary policy.
Gunji Hiroshi
Journal of International Economic Studies   27 47-59   Mar 2013   [Refereed][Invited]
Several studies assert that multiple factors are responsible for the recent behavior of the business cycle in Japan. For example, Kobayashi and Inaba (2006, Japan and the World Economy 18,418–440) apply the business cycle accounting method propose...
Gunji Hiroshi, Miyazaki Kenji
Eiji Okano, Masataka Eguchi, Hiroshi Gunji, Tomomi Miyazaki
Advances in Econometrics   28 39-79   Dec 2012   [Refereed]
We analyze fluctuations in inflation and the nominal exchange rate under optimal monetary policy with local currency pricing by developing twocountry DSGE local currency pricing and producer currency pricing models. We estimate our models using Ba...
三浦 一輝, 郡司 大志
Journal of economic policy studies   8(2) 51-54   2011   [Refereed]
Gunji Hiroshi, Miura Kazuki, Yuan Yuan
JAPAN AND THE WORLD ECONOMY   21(1) 105-115   Jan 2009   [Refereed]
Yuan Yuan, Hiroshi Gunji
China Economic Journal   2(3) 285-296   Mar 2010   [Refereed]
In China, the foreign capital share of banks was restricted to 25% until 2006. Does such a relatively low share of foreign capital have any impact on the banking sector? In this paper, we use panel data on 19 major banks during 1996-2004 to shed l...


Gunji Hiroshi
SOCIAL SCIENCE JAPAN JOURNAL   21(2) 354-356   2018   [Refereed]
Gunji Hiroshi, Miyazaki Kenji
経済志林   82(4) 167-190   Mar 2015
In this paper, we apply business cycle accounting, introduced by Chari et al. (2007, Econometrica 75 (3), 781-836), to the Japanese economy in the period during 1901-1910, during which Japan experienced the outbreak of the Russo-Japanese War, 1904...
Gunji Hiroshi, Miyazaki Kenji
経済志林   81(2) 63-82   Mar 2014
This paper estimates Japanese average marginal tax rates on factor incomes around the time of the Lehman Brothers collapse. For this purpose, the paper uses the 93SNA (2005 Standard) data and the methodology of Gunji and Miyazaki (2011). The findi...
Gunji Hiroshi, Sumi Masayoshi
経済志林   80(4) 131-147   Mar 2013
Using measures of financial constraints on firms, we investigate whether financial constraints explain the firm size–wage effect. The results suggest that financial constraints reduce the effect of firm size on wages, but that the effect remains s...
Gunji Hiroshi, Miura Kazuki
The Housei University economic review   77(3) 59-84   Mar 2010
In this paper, we investigate the factors behind the deep recession and recovery in the U.S. and Japan. Extending the methodology of Hamilton (2009, NBER Working Paper 15002), we use a model based on VAR tomake a dynamic forecast of the effect on ...
郡司 大志
The Journal of Tokyo International University The School of Economics   (37) 63-77   2007
郡司 大志
The Journal of Tokyo International University The School of Economics   (35) 17-28   2006
Common Fundamentals and Contagion Effects on Currency Crises
Institute of Comparative Economic Studies Working Paper   (83)    2000
Jumps between Multiple Equilibria : the Russian Crisis and Contagion Effect Through Asset Markets
(35)    2000
Perspectives on Currency Crisis Theory
(45)    2000

Research Grants & Projects

Study on Currency Crisis and Contagion Effect