Japan Project Meeting

Shiro P. Armstrong, Charles Yuji Horioka, Tsutomu Watanabe, and David Weinstein, Organizers

August 1-2, 2023

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 discussion.

Conference Code of Conduct

Tuesday, August 1
8:30 am
Registration and Coffee
9:00 am
Opening Remarks: John Beirne, Vice-Chair of Research and Senior Research Fellow, Asian Development Bank Institute
9:10 am
Anton Braun, Federal Reserve Bank of Atlanta
Daisuke Ikeda, Bank of Japan

Why Aging Induces Deflation and Secular Stagnation (slides)
Discussant: Neil Mehrotra, Federal Reserve Bank of Minneapolis
10:10 am
Break
10:40 am
Kohei Takeda, National University of Singapore
Atsushi Yamagishi, Princeton University

The Economic Dynamics of City Structure: Evidence from Hiroshima's Recovery
Discussant: Lin Tian, INSEAD
11:40 am
Haruhiko Kuroda, Former Governor of the Bank of Japan
Fragmentation of the World Economy: Its Causes and Future
12:30 pm
Lunch
1:30 pm
Elisa Giannone, Centre de Recerca en Economia Internacional (CREI)
Yuhei Miyauchi, Boston University
Nuno Paixao, Bank of Canada
Xinle Pang, Pennsylvania State University
Yuta Suzuki, Shanghai Jiao Tong University

Living in a Ghost Town: The Geography of Depopulation and Aging
Discussant: Takaaki Takahashi, University of Tokyo
2:30 pm
Ernest Liu, Princeton University and NBER
Song Ma, Yale University and NBER

Innovation Networks and R&D Allocation
Discussant: Makoto Nirei, University of Tokyo
3:30 pm
Break
4:00 pm
Cameron LaPoint, Yale University
Shogo Sakabe, LMU Munich

Coming in at a Trickle: The Optimal Frequency of Public Benefit Payments (slides)
Discussant: Takashi Unayama, Kyoto University
5:00 pm
Adjourn
6:00 pm
Reception (Food & Drinks) - Sponsored by Unison Capital
The Okura Tokyo, 2-10-4 Toranomon, Minato-ku Tokyo 105-0001
Okura Information
Wednesday, August 2
8:30 am
Coffee
9:00 am
Daisuke Fujii, University of Tokyo
Taisuke Nakata, University of Tokyo
Sohta Kawawaki, University of Tokyo
Yuta Maeda, University of Tokyo
Masataka Mori, Middlebury College

Understanding Cross-Country Heterogeneity in Health and Economic Outcomes during the COVID-19 Pandemic: A Revealed-Preference Approach (slides)
Discussant: Rainer Kotschy, Harvard University
10:00 am
Break
10:30 am
Gary Hansen, University of California, Los Angeles and NBER
Selahattin Imrohoroglu, University of Southern California

Demographic Change, Government Debt and Fiscal Sustainability in Japan: The Impact of Bond Purchases by the Bank of Japan (slides)
Discussant: Kosuke Aoki, University of Tokyo
11:30 am
Lunch
1:00 pm
Shinnosuke Kikuchi, Massachusetts Institute of Technology

Automation, Concentration, and Labor Share
Discussant: Pietro Tebaldi, Columbia University and NBER
2:00 pm
Takeo Hoshi, University of Tokyo
Yoko Shibuya, Duke University

Personal Guarantees on Bank Loans and SMEs' CEO Succession
Discussant: Iichiro Uesugi, Hitotsubashi University
3:00 pm
Adjourn
6:30 pm
Funasei Dinner Cruise
Funasei Information
The ESRI events will take place on August 2 at Asian Development Bank Institute and on August 3 at Akasaka Intercity Conference Center
ESRI Event Details

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