Authors, please upload your paper here.
National Bureau of Economic Research
Center for Advanced Research in Finance
Center on Japanese Economy and Business
Australia-Japan Research Centre
Supported by: National Graduate Institute for Policy Studies and European Institute of
Japanese Studies
Jenny Corbett, Charles Horioka, Takatoshi Ito, Anil Kashyap, and David Weinstein, Organizers
GRIPS
Meeting Room A,B,C (First Floor)
7-22-1 Roppongi, Minato-ku
Tokyo 106-8677
Tuesday,
June 30:
8:30 am Breakfast/Registration
9:00 am Rasmus Fatum,
Official Japanese Intervention in the JPY/USD Exchange Rate Market: Is it Effective and Through Which Channel Does it Work?
Discussant: Takatoshi Ito,
University of Tokyo and NBER
10:00 am Break
10:30 am Ashish Arora,
Lee Branstetter, Carnegie Mellon University and NBER
Matej
Drev,
Discussant: Kyoji Fukao,
11:30 am Tokuo Iwaisako, Ministry of Finance
Keiko
Okada,
Understanding
the Decline in the Japanese Saving Rate in the New Millennium
Discussant: Christopher Carroll, Johns Hopkins University
and NBER
12:30 pm Lunch
Speaker: Kazumasa Iwata, Cabinet Office, Government of
2:00 pm Gil Bae,
Yasushi
Hamao,
Jun-Koo Kang, Nanyang Technological University
Discussant: Joe Peek,
3:00 pm Break
3:30 pm Sergey Chernenko and Robin Greenwood,
Fritz Foley, Harvard University and NBER
Are
Agency Costs Fully Priced? Evidence from
Public Listings of Subsidiaries in Japan
Discussant: Kenji Wada,
4:30 pm Panel: Lessons from the Global Financial Crisis
Stijn Claessens, IMF
Mitsuhiro
Fukao,
Takeo Hoshi, UC, San Diego and NBER
6:00 pm Adjourn
7:00 pm Reception and Dinner
Ciao Bella Restaurant (3-minute walk from GRIPS)
Wednesday,
July 1:
8:30 am Breakfast
9:00 am Jenny Corbett,
Kazunobu Hayakawa, Institute of Developing Economies
Fukunari
Kimura,
Whos
Serving You? A Gravity Model Approach to Services Trade
Discussant: Amit Khandelwal, Columbia University and NBER
10:00 am Break
Tsutomu
Watanabe,
Tomoyoshi
Yabu,
A New Method for
Identifying the Effects of Foreign Exchange Interventions
Discussant: Paolo Pesenti, Federal Reserve Bank of New York and NBER
11:30 am Takeo Hoshi, UC, San Diego and NBER
Satoshi Koibuchi, Chiba University of Commerce
Ulrike
Schaede, UC,
Discussant: Effi Benmelech,
12:30 pm Adjourn