Home > Research & Data > Economists > Makoto Nakajima
Makoto Nakajima
Economist
Phone: (215) 574-3905
Fax: (215) 574-6637
Send an e-mail to Makoto Nakajima 
Personal web site: http://www.compmacro.com/makoto/index.php
Publications
- "A Quantitative Theory of Unsecured Consumer Credit with Risk of Default," (with Satyajit Chatterjee, Dean Corbae, and José-Víctor Ríos-Rull), Econometrica, 75(6), November 2007, 1525-1589.
- "Default and Aggregate Fluctuations in Storage Economies," (José-Víctor Ríos-Rull), in Frontiers in Applied General Equilibrium Modelling, with T. Kehoe, T.N. Srinivasan, and J. Whalley, eds., Cambridge, UK: Cambridge University Press, 2005.
Working Papers
- "Worker Flows and Job Flows: A Quantitative Investigation," with Shigeru Fujita, Working Paper 09-33, November 2009.

- "Rising Indebtedness and Hyperbolic Discounting: A Welfare Analysis," Working Paper 09-25, October 2009.

- "Equilibrium Default and Temptation."
- "Optimal Capital Income Taxation and Housing."
- "Business Cycles in the Equilibrium Model of Labor Market Search and Self-Insurance."
- "Rising Earning Instability, Portfolio Choice, and Housing Prices
- "Bankruptcy Filings and Aggregate Fluctuations in Growth Economies," (with José-Víctor Ríos-Rull).
Research Interests
- Macroeconomics
- Housing Prices