25th Annual East Asian Seminar on Economics

Takatoshi Ito and Andrew K. Rose, Organizers

June 20-21, 2014

Tokyo

Conference Code of Conduct

Friday, June 20
1
Takatoshi Ito, Columbia University and NBER

We Are All QE-sians Now
2
Lars Svensson, Stockholm School of Economics and NBER

Inflation Targeting and Leaning Against the Wind: A Case Study
3
Anna Cieslak, Duke University and NBER
Adair Morse, University of California, Berkeley and NBER
Annette Vissing-Jorgensen, Federal Reserve Board and NBER

Stock Returns over the FOMC Cycle
4
John Fernald, INSEAD
Mark Spiegel, Federal Reserve Bank of San Francisco
Eric Swanson, University of California, Irvine and NBER

Monetary Policy Effectiveness in China: Evidence from a FAVAR Model
5
Randall Morck, University of Alberta and NBER
M. Deniz Yavuz, Purdue University
Bernard Yeung, National University of Singapore

State-Controlled Banks and the Effectiveness of Monetary Policy
6
Chung-Shu Wu, CIER
Jin-Lung Lin, National Dong-Hwa University
Chun-Neng Peng, Chun-Hua Institution for Economic Research
Hsiang-Yu Chin, Department of Economics, National Chengchi University

Capital Flows and Unconventional Monetary Policy
7
Leo Krippner, Reserve Bank of New Zealand and CAMA

Measuring the Stance of Monetary Policy in Conventional and Unconventional Environments
8
Woon Gyu Choi, Bank of Korea
Byongju Lee, Bank of Korea
Taesu Kang, Bank of Korea
Geun-Young Kim, Bank of Korea

U.S. Monetary Policy Normalization and EME Policy Mix from a Global Liquidity Perspective
9
Manuel Bertoloto, PriceStats
Alberto F. Cavallo, Harvard University and NBER
Roberto Rigobon, Massachusetts Institute of Technology and NBER

Using Online Prices to Anticipate Official CPI Inflation
10
Kota Watanabe, Meiji University
Tsutomu Watanabe, University of Tokyo

Estimating Daily Inflation Using Scanner Data: A Progress Report
11
Ippei Fujiwara, Keio University
Yoshiyuki Nakazono, Yokohama City University
Kozo Ueda, Waseda University

Policy Regime Change against Chronic Deflation? Policy Option under a Long-term Liquidity Trap
12
Gu Jin, Central Univ. of Finance & Econ.
Tao Zhu, Hong Kong University of Science and Technology

Non-Neutrality of Money in Dispersion: Hume Revisited