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The 23rd
NBER-TCER-CEPR Conference on
Fiscal
Policy and Crisis
Organizers: Shin-ichi Fukuda, Takeo Hoshi, and Eric Leeper
Sponsors: Center for Economic Policy Research, National Bureau of Economic
Research,
Venue:
Program
Thursday, December
16
Chair: Takeo Hoshi
10:15
am Troy Davig, Federal Reserve
Bank of
Eric Leeper,
Temporarily
Unstable Government Debt and Inflation
Discussant: Etsuro
Shioji,
11:15
am Shin-ichi Fukuda and Junji
Yamada, University of Tokyo and TCER
Stock Price
Targeting and Fiscal Deficit in Japan: Why was Japans Fiscal Deficit
Accelerated in the Lost Decades?
Discussant: Yosuke
Takeda,
Chair: Eric Leeper
Masaya Sakuragawa,
Fiscal
Sustainability in Japan
Discussant: Takero
Doi,
2:45
pm Michael Devereux, University
of British Columbia and NBER
David Cook, Hong Kong University of Science and Technology
Cooperative
Fiscal and Monetary Policy at the Zero Lower Bound
Discussant:
Takatoshi Ito,
3:45 pm Arata Ito, Hitotsubashi University
Tsutomu Watanabe, Hitotsubashi University and TCER
Tomoyoshi Yabu, Keio University
Estimating
Fiscal Policy Rules for Japan, U.S. and U.K
Discussant:
Tatsuyoshi Okimoto,
Friday, December 17
Chair: Shin-ichi Fukuda
9:30 am Bruce
Preston,
Stefano Eusepi, Federal Reserve
Bank of
The Maturity
Structure of Debt, Monetary Policy and Expectations Stabilization
Discussant: Kosuke Aoki, Bank of Japan
10:30 am Takero Doi,
Takeo
Hoshi, UC,
Tatsuyoshi Okimoto,
Japanese Government
Debt and Sustainability of Fiscal Policy
Discussant:
Yasushi Iwamoto,