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ESRI International Conference 2008

"Japan's Economy and Macroeconomic Policies from 1980 to 2008"

Program



Date:   Monday, June 23, 2008
Venue:   Room 406, ESRI, Cabinet Office, Tokyo


10:00      Opening speech Kazumasa Iwata, President of ESRI
   

Session 1 : Monetary Policy Framework and "Insurance Against Deflation"
Chair: Anil Kashyap, The University of Chicago


10:10-10:30   Presenter: Kunio Okina, Chuo University
[1(PDF-Format524KB)] [2(PDF-Format465KB)]
10:30-10:45  

Discussant: Harada Yutaka , Daiwa Institute of Research
[1(PDF-Format305KB)] [2(PDF-Format411KB)] [3(PDF-Format188KB)]
10:45-10:55   Rejoinder
10:55-11:10   Discussion
11:10-11:30   <Coffee break>
   
Session 2 : How much Output was lost due to non-performing loans ?
Chair: David Weinstein , Columbia University

11:30-11:50   Presenter: Masaya Sakuragawa, Keio University
[1(PDF-Format208KB)] [2(PDF-Format121KB)] [3(PDF-Format100KB)]
11:50-12:05   Discussant: Anil Kashyap, The University of Chicago
[(PDF-Format358KB)]



12:05-12:15   Rejoinder
12:15-12:30   Discussion
12:30-13:45   <Lunch>
   
Session 3 : Inflation Dynamics over the Last Quarter Century
Chair: Noriki Hirose, ESRI

13:45-14:05   Presenter: Tsutomu Watanabe, Hitotsubashi University
[1(PDF-Format474KB)] [2(PDF-Format158KB)]
14:05-14:20   Discussant: David Weinstein , Columbia University
[(PDF-Format123KB)]
14:20-14:30   Rejoinder
14:30-15:00   Discussion
15:00-15:20   <Coffee break>
   
Session 4 : Changes in Wage Adjustment, Employment
Adjustment and Phillips Curve: Japan's Experience
in the 1990s.
Chair: Fumikazu Hida, ESRI

15:20-15:40   Presenter: Isamu Yamamoto, Keio University
[1(PDF-Format260KB)] [2(PDF-Format204KB)]
15:40-15:55   Discussant: Robert Shimer, The University of Chicago
[(PDF-Format169KB)]

15:55-16:05   Rejoinder
16:05-16:35   Discussion
16:35-16:45   <Q&A Time for Press>
17:00   Closing


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