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ESRI International Conference

"Policy Options for Sustainable Economic Growth in Japan"

September 14, 2005

AGENDA


Date:   September 14, 2005
Place:   ESRI, Cabinet Office, Tokyo
9:30   Opening Remarks by Masahiro Kuroda, President of ESRI
Session 1:The role of monetary policy and external adjustment in the Japanese economic recovery
Chair    Koichi Hamada, Yale University

9:40    Lars Svensson (PDF-Format 216KB), Princeton University
"Monetary Policy and Japan's Liquidity Trap"
Discussant:Kazumasa Iwata (PDF-Format 30KB), Bank of Japan
10:25    Maurice Obstfeld (PDF-Format 305KB), University of California,Berkeley
"Implications for the Yen of Japanese Current Account Adjustment"
Discussant: Masahiro Kawai, Tokyo University
Session 2:Japanese fiscal sustainability
Chair    Joe Peek, University of Kentucky

11:20   David Weinstein (PDF-Format 373KB), Columbia University
"Assessing the Impact of Japan's Fiscal Reform"
Discussant: Tomoko Hayashi (PDF-Format 53KB), Cabinet Office
12:05   Takero Doi , Keio University & Tomoko Hayashi , Cabinet Office.
[ 1 (PDF-Format 295KB) ] [ 2 (PDF-Format 357KB) ] [ 3 (PDF-Format 312KB) ] [ 4 (PDF-Format 250KB) ]
[ 5 (PDF-Format 408KB) ] [ 6 (PDF-Format 398KB) ] [ 7 (PDF-Format 435KB) ]
"Toward Reform of Local Bond System in Japan"
Discussant: Takeo Hoshi (PDF-Format 88KB), University of California, San Diego
12:50   <Lunch>
Session 3:New trends in the Japanese labour market and income distribution
Chair    Mitsuo Hosen, ESRI

14:00   Kiyoshi Ota (PDF-Format 270KB), The Japan Research Institute,Limited; Formerly ESRI
"Rise in Earnings Inequality in Japan - a Sign of Bipolarization?"
Discussant: Steven Davis (PDF-Format 82KB), University of Chicago
14:45   Emmanuel Saez, University of California, Berkeley
& Chiaki Moriguchi, Northwestern University
[ 1 (PDF-Format 252KB) ] [ 2 (PDF-Format 417KB) ] [ 3 (PDF-Format 316KB) ] [ 4 (PDF-Format 186KB) ]
"Japanese income distribution from comparative and historical perspectives"
Discussant: Toshiaki Tachibanaki, Kyoto University
15:30     <Coffee break>
[Round Table Discussion]
Topic: Tax and spending priorities for sustainable economic growth of Japan
Chair    Anil Kashyap, University of Chicago
15:45    Opening address: Takashi Omori, Vice President, ESRI
[ 1 (PDF-Format 124KB) ] [ 2 (PDF-Format 480KB) ] [ 3 (PDF-Format 219KB) ] [ 4 (PDF-Format 38KB) ]
Discussant: Randall Kroszner (PDF-Format 67KB), University of Chicago
Eiji Tajika (PDF-Format 62KB), Hitotsubashi University
17:45   <Q&A time for press>
18:00   Closing

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