Monday, July 29
8:30 am
Breakfast/Registration
9:00 am
Welcome Remarks by Naoyuki Yoshino, Dean of the ADBI
9:10 am

The Impact of E-Commerce on Relative Prices and Consumer Welfare

Yoon J. Jo, Texas A&M University
Misaki Matsumura, Columbia University
David Weinstein, Columbia University and NBER

Discussant:
Mototsugu Shintani, University of Tokyo
10:10 am
Break
10:40 am

The Great Disconnect: The Decoupling of Wage and Price Inflation in Japan (slides)

Takeo Hoshi, University of Tokyo
Anil K. Kashyap, University of Chicago and NBER

Discussant:
Daiji Kawaguchi, University of Tokyo
11:40 am

Meritocracy and Its Discontents: Evidence from Centralizing and Decentralizing School Admissions

Mari Tanaka, University of Tokyo
Yusuke Narita, Yale University
Chiaki Moriguchi, Hitotsubashi University

Discussant:
Yeon-Koo Che, Columbia University
12:40 pm
Lunch
1:40 pm

The Collateral Channel versus the Bank Lending Channel: Evidence from a Massive Earthquake

Iichiro Uesugi, Hitotsubashi University
Daisuke Miyakawa, Waseda University
Kaoru Hosono, Gakushuin University
Arito Ono, Chuo University
Hirofumi Uchida, Kobe University

Discussant:
David S. Scharfstein, Harvard University and NBER
2:40 pm
Break
3:10 pm

Policy Uncertainty in Japan

Elif C. Arbatli, International Monetary Fund
Steven J. Davis, Stanford University and NBER
Arata Ito, Research Institute of Economy, Trade and Industry
Naoko Miake, International Monetary Fund

Discussant:
Sagiri Kitao, University of Tokyo
4:10 pm

Managerial Talent and Economic Performance: Evidence from Discontinuities in Douglas MacArthur’s Economic Purge

Melissa Dell, Harvard University and NBER
Sahar Parsa, New York University

Discussant:
Hideaki Miyajima, Waseda University
5:10 pm
Adjourn
5:40 pm
Bus departs ADBI for Funasei Dinner Cruise
6:30 pm
Funasei Dinner Cruise of Tokyo Bay
Dinner Information

FORMAT: The format for each paper will be a 20-minute presentation by the author, followed by one 20-minute discussion and then another 20 minutes of general audience discussion.
Suggested Attire for all Events: Business Casual
ESRI Conference on July 30 with a Reception to follow at Roppongi Hills Club (Club Room)
(ESRI to provide transportation to the reception which will start at 6:30 pm)
Roppongi Hills Club


Emergency Contact in Tokyo:
Ms. Mutsumi Tabata, Polaris Secretaries Office Co., Ltd.
Email: su-japan@officepolaris.co.jp
Mobile phone: 070-5268-6664 (+81-70-5268-6664)


We are very grateful to the Asian Development Bank Institute for its generous assistance and support.