[7] In recent years, he has developed a new field of market quality economics that measures the efficiency of allocation and the fairness of dealing and pricing.

Yano, M., and J. Nugent, "Aid, Non-Traded Goods and the Transfer Paradox in Small Countries," American Economic Review 89–3, 431–449, 1999.

Yano, M., "On the Dual Stability of a von Neumann Facet and the Inefficacy of Temporary Fiscal Policy," Econometrica 66–2, 1998.

"Forward Exchange, Futures Trading and Spot Price Variability: A General Equilibrium Approach," Econometrica 55–6, 1433–1450, 1987.

Yano, M., "The Turnpike of Dynamic General Equilibrium Paths in Its Insensitivity to Initial Conditions," Journal of Mathematical Economics 13–3, 235–254.