What's New
Shin-ichi Fukuda appointed the director of CIRJE.
Discussion Papers
- CIRJE-F-1257Mita, Daiya, Taiga Saito and Akihiko Takahashi, "An Incomplete Multi-Currency Equilibrium Model with Heterogeneous Time Preferences and Subjective Beliefs", August 2025; Revised in January 2026.
- CIRJE-F-1264Fukasawa, Takeshi and Hiroshi Ohashi, "Investment Dynamics and Merger Policy: Long-run Effects of Horizontal Merger in Oligopolistic Market", 2025年12月.
- CIRJE-F-1265Fujii, Masaaki, "Mean-Field Price Formation on Trees with a Network of Relative Performance Concerns", January 2026.
- CIRJE-F-1264Fukasawa, Takeshi and Hiroshi Ohashi, "Investment Dynamics and Merger Policy: Long-run Effects of Horizontal Merger in Oligopolistic Market", December 2025.
- CIRJE-F-1263Nirei, Makoto and Xavier Ragot, "The Origins and Propagation of Animal Spirits Shocks", December 2025.
- CIRJE-F-1262Fukunishi, Yosuke, Haorong Qiu, Akihiko Takahashi and Fan Ye, "Generating the Term Structure of Interest Rates with Diffusion Models",December 2025.
- CIRJE-F-1261 Fujii, Masaaki, "Mean-Field Price Formation on Trees: with Multi-Population and Non-Rational Agents", October 2025; Revised in Novemnbet 2025.
- CIRJE-F-1260 Takahashi, Akihiko and Toshihiro Yamada, "Asymptotic Expansion and Weak Approximation: Applications of Malliavin Calculus and Deep Learning", October 2025.
People
CIRJE is pleased to welcome the following new visitors and guests:
- 2025.10.27 to 2026.3.20 Leslie Hannah (The London School of Economics and Political Science (LSE))
- 2025.10.22 to 2026.1.11 Zvika Orr (Jerusalem College of Technology (JCT))
- 2025.10.1 to 2026.3.31 Ippei Fujiwara (Keio University)
- 2025.4.1 to 2026.3.31 Chishio Furukawa (Yokohama National University)


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