Academic journal article NBER Reporter

Japan Project Meets

Academic journal article NBER Reporter

Japan Project Meets

Article excerpt

The NBER together with the Center for International Research on the Japanese Economy and the European Institute of Japanese Studies held a project meeting on the Japanese economy in Tokyo on September 15-16. The co-chairs of the meeting were: Magnus Blomstrom, NBER and Stockholm School of Economics; Fumio Hayashi, NBER and the University of Tokyo; Anil K Kashyap, NBER and the Graduate School of Business, University of Chicago; and David Weinstein. NBER and Columbia University. The following papers were discussed:

Nobuyuki Oda, Bank of Japan. and Kazuo Ueda, University of Tokyo, 'The Effects of the Bank of Japan's Zero Interest Rate Commitment and Quantitative Monetary Easing on the Yield Curve: A Macro-Finance Approach" Discussant: Lars E. O. Svensson. NBER and Princeton University

Wilbur J. Coleman, Duke University, "Structural Transformation and Growth Slowdowns: Japan in the 90s" Discussant: Randall S. Kroszner, NBER and University of Chicago

R. Anton Braun, University of Tokyo; Toshihiro Okada, Kwansei Gakuin University; and Nao Sudou, Bank of Japan, "U.S. R&D and Japanese Medium Cycles" Discussant: Jonathan Eaton, NBER and New York University

Hiroshi Ono, Stockholm School of Economics, "Lifetime Employment in Japan: Concepts and Measurements'" Discussant: Kenn Ariga, Kyoto University

Koji Sakai and Tsutomu Watanabe, Hitotsubashi University; and Uchiro Uesugi, Research Institute of Economy, Trade and Industry, "Firm Age and the Evolution of Borrowing Costs: Evidence from Japanese Small Firms" Discussant: Steven J. …

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