Emi Nakamura
Biographic Data
| ID | 3714948 |
|---|---|
| NAME | Emi Nakamura |
| GIVEN NAMES | Emi |
| FAMILY NAME | Nakamura |
| SIGNATURE | NAKAMURA E |
| AFFILIATIONS | Columbia University |
| ORCID | 0009-0002-5022-6633 |
| VERIFIED | Yes |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 11 |
| AUTHOR COUNT | 7 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2000 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 1 |
Lifestyle Changes and Baseball Activity among Youth Baseball Players before and during the First Covid-19 Pandemic in Japan
This cross-sectional study aimed to clarify the changes in lifestyle and baseball activity before and during the COVID-19 pandemic among youth baseball players. Participants were 99 youth baseball players (ages 9.6 ± 1.5 years, height 137.8 ± 9.4 cm, weight 35.3 ± 12.4 kg) in Japan. They completed an online survey between April 6 and 20, 2021, on their demographic characteristics, lifestyle (recreational screen, sleep, and study times), and baseb…
High-Frequency Identification of Monetary Non-Neutrality: The Information Effect
We present estimates of monetary non-neutrality based on evidence from high-frequency responses of real interest rates, expected inflation, and expected output growth. Our identifying assumption is that unexpected changes in interest rates in a 30-minute window surrounding scheduled Federal Reserve announcements arise from news about monetary policy. In response to an interest rate hike, nominal and real interest rates increase roughly one-for-on…
Identification in Macroeconomics
This paper discusses empirical approaches macroeconomists use to answer questions like: What does monetary policy do? How large are the effects of fiscal stimulus? What caused the Great Recession? Why do some countries grow faster than others? Identification of causal effects plays two roles in this process. In certain cases, progress can be made using the direct approach of identifying plausibly exogenous variation in a policy and using this var…
The Discounted Euler Equation: A Note
We present a simple model with income risk and borrowing constraints that yields a ‘discounted Euler equation’. This feature of the model mutes the extent to which news about far future real interest rates (i.e. forward guidance) affects current outcomes. We show that this simple model approximates the outcomes of a rich model with uninsurable income risk and borrowing constraints in response to a forward guidance shock. The model is simple enoug…
Fiscal Stimulus in a Monetary Union: Evidence from US Regions
We use rich historical data on military procurement to estimate the effects of government spending. We exploit regional variation in military buildups to estimate an “open economy relative multiplier” of approximately 1.5. We develop a framework for interpreting this estimate and relating it to estimates of the standard closed economy aggregate multiplier. The latter is highly sensitive to how strongly aggregate monetary and tax policy “leans aga…
Five Facts about Prices: A Reevaluation of Menu Cost Models
We establish five facts about prices in the U.S. economy: (1) For consumer prices, the median frequency of nonsale price change is roughly half of what it is including sales (9-12% per month versus 19-20% per month for identical items; 11-13% per month versus 21-22% per month including product substitutions). The median frequency of price change for finished-goods producer prices is comparable to that of consumer prices excluding sales. (2) One-t…
Physicians and Famine in Japan: Takano Choei in the 1830s
Takano Chōei (1804-50) was a rangakusha: a scholar of Dutch learning, and a physician of Western medicine. Although he was one of the foremost scholars in his field, his career was cut off in its prime when he became the victim of an intrigue in 1839. As a result, much of his early work has been overshadowed by the political events that followed. This article takes a different approach to the writing of Chōei's history by presenting an example of…
Identification in Macroeconomics
This paper discusses empirical approaches macroeconomists use to answer questions like: What does monetary policy do? How large are the effects of fiscal stimulus? What caused the Great Recession? Why do some countries grow faster than others? Identification of causal effects plays two roles in this process. In certain cases, progress can be made using the direct approach of identifying plausibly exogenous variation in a policy and using this var…
The Discounted Euler Equation: A Note
We present a simple model with income risk and borrowing constraints that yields a ‘discounted Euler equation’. This feature of the model mutes the extent to which news about far future real interest rates (i.e. forward guidance) affects current outcomes. We show that this simple model approximates the outcomes of a rich model with uninsurable income risk and borrowing constraints in response to a forward guidance shock. The model is simple enoug…
Physicians and Famine in Japan: Takano Choei in the 1830s
Takano Chōei (1804-50) was a rangakusha: a scholar of Dutch learning, and a physician of Western medicine. Although he was one of the foremost scholars in his field, his career was cut off in its prime when he became the victim of an intrigue in 1839. As a result, much of his early work has been overshadowed by the political events that followed. This article takes a different approach to the writing of Chōei's history by presenting an example of…
Physicians and Famine in Japan: Takano Choei in the 1830s
Takano Chōei (1804-50) was a rangakusha: a scholar of Dutch learning, and a physician of Western medicine. Although he was one of the foremost scholars in his field, his career was cut off in its prime when he became the victim of an intrigue in 1839. As a result, much of his early work has been overshadowed by the political events that followed. This article takes a different approach to the writing of Chōei's history by presenting an example of…
Five Facts about Prices: A Reevaluation of Menu Cost Models
We establish five facts about prices in the U.S. economy: (1) For consumer prices, the median frequency of nonsale price change is roughly half of what it is including sales (9-12% per month versus 19-20% per month for identical items; 11-13% per month versus 21-22% per month including product substitutions). The median frequency of price change for finished-goods producer prices is comparable to that of consumer prices excluding sales. (2) One-t…
Fiscal Stimulus in a Monetary Union: Evidence from US Regions
We use rich historical data on military procurement to estimate the effects of government spending. We exploit regional variation in military buildups to estimate an “open economy relative multiplier” of approximately 1.5. We develop a framework for interpreting this estimate and relating it to estimates of the standard closed economy aggregate multiplier. The latter is highly sensitive to how strongly aggregate monetary and tax policy “leans aga…
The Discounted Euler Equation: A Note
We present a simple model with income risk and borrowing constraints that yields a ‘discounted Euler equation’. This feature of the model mutes the extent to which news about far future real interest rates (i.e. forward guidance) affects current outcomes. We show that this simple model approximates the outcomes of a rich model with uninsurable income risk and borrowing constraints in response to a forward guidance shock. The model is simple enoug…
High-Frequency Identification of Monetary Non-Neutrality: The Information Effect
We present estimates of monetary non-neutrality based on evidence from high-frequency responses of real interest rates, expected inflation, and expected output growth. Our identifying assumption is that unexpected changes in interest rates in a 30-minute window surrounding scheduled Federal Reserve announcements arise from news about monetary policy. In response to an interest rate hike, nominal and real interest rates increase roughly one-for-on…
Identification in Macroeconomics
This paper discusses empirical approaches macroeconomists use to answer questions like: What does monetary policy do? How large are the effects of fiscal stimulus? What caused the Great Recession? Why do some countries grow faster than others? Identification of causal effects plays two roles in this process. In certain cases, progress can be made using the direct approach of identifying plausibly exogenous variation in a policy and using this var…
Lifestyle Changes and Baseball Activity among Youth Baseball Players before and during the First Covid-19 Pandemic in Japan
This cross-sectional study aimed to clarify the changes in lifestyle and baseball activity before and during the COVID-19 pandemic among youth baseball players. Participants were 99 youth baseball players (ages 9.6 ± 1.5 years, height 137.8 ± 9.4 cm, weight 35.3 ± 12.4 kg) in Japan. They completed an online survey between April 6 and 20, 2021, on their demographic characteristics, lifestyle (recreational screen, sleep, and study times), and baseb…
Monetary Policy and Economic Impact (5 works) · Economics (4 works) · Monetary policy (4 works) · Econometrics (3 works) · Macroeconomics (3 works) · Economic theories and models (2 works) · Fiscal Policies and Political Economy (2 works) · Fiscal policy (2 works) · Interest rate (2 works) · Keynesian economics (2 works)