1. U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound
2. Ando A., Christelis D., Miyagawa T., Inefficiency of Corporate Investment and Distortion of Savings Behavior in Japan, NBER Working Paper, 9444 (2003)
3. Hayashi F., The Over-Investment Hypothesis, in Klein Lawrence R., ed., Long-Run Growth and Short-Run Stabilization: Essays in Memory of Albert Ando, Edward Elgar (2006)
4. Benigno G., Fornaro L., Stagnation Traps, IMF Conference on Secular Stagnation, Growth, and Real Interest Rate held at Florence (2015)
5. Chun H., Miyagawa T., Pyo H. K., Takizawa M., Tonogi K., Declining Rate of Return on Capital and the Role of Intangibles in Japan and Korea, The Fourth World KLEMS Conference Asia KLEMS session (2016)