Others (2020‐)


1Liu, Nan and Kiyotaka Sato, 2024. “Asymmetric Exchange Rate Pass-through between Unexpected Yen Appreciation and Depreciation: The case for Japanese machinery exports,” RIETI Discussion Paper Series 24-E-008.
2Yoshimi, Taiyo, Uraku Yoshimoto, Kiyotaka Sato, Takatoshi Ito, Junko Shimizu, Yushi Yoshida, 2024. "Invoice Currency Choice in Intra-Firm Trade: A Transaction-Level Analysis of Japanese Automobile Exports," NBER Working Paper 32142.
3Yoshida, Yushi, Junko Shimizu, Takatoshi Ito, Kiyotaka Sato, Taiyo Yoshimi, Uraku Yoshimoto, 2024. "Invoicing Currency Choice: Strategic Complementarities and Currency Matching," NBER Working Paper 32276.


1Ito, Takatoshi, Satoshi Koibuchi, Kiyotaka Sato, Junko Shimizu, Taiyo Yoshimi, 2021. "The Dollar, the Yen, or the RMB? A Survey Data Analysis of Invoicing Currencies among Japanese Overseas Subsidiaries,” RIETI Discussion Paper Series 21-E-016.
2Ito, Takatoshi, Satoshi Koibuchi, Kiyotaka Sato, Junko Shimizu and Taiyo Yoshimi, 2021. "The dollar, the yen, or the renminbi? Invoicing currency choices by Japanese overseas subsidiaries,”, July 23.


1Kawasaki, Kentaro and Kiyotaka Sato, 2020. "New Assessment of Economic Integration in East Asia: Application of Industry-Specific G-PPP Model,” RIETI Discussion Paper Series 20-E-091.
2Sato, Kiyotaka, 2020. "Exchange Rate Management and Foreign Exchange Policy: Prospect for Asian Exchange Rate Policy after Global COVID-19 Crisis,” Invited speech at the Japan-IMF Macroeconomic Seminar for Asia (JIMS) 2020, Online, September 2.