Academic journal article NBER Reporter

Japan Project Meets

Academic journal article NBER Reporter

Japan Project Meets

Article excerpt

The NBER together with the Center on the Japanese Economy and Business, The Center for Advanced Research in Finance, and the Australia-Japan Research Centre held a project meeting on the Japanese economy in Tokyo on June 29 and 30, 2012. The organizers were: Jennifer Corbett, Australia-Japan Research Centre; Charles Horioka, NBER and Osaka University; Anil Kashyap, NBER and the Graduate School of Business, University of Chicago; Kazuo Ueda, University of Tokyo; and David Weinstein, NBER and Columbia University. The following papers were discussed:

* Takeo Hoshi, University of California at San Diego and NBER, and Takatoshi Ito, University of Tokyo and NBER, "Defying Gravity: How Long Will Japanese Government Bond Prices Remain High?"

* Makoto Hazama and Iichiro Uesugi, Hitotsubashi University; Kaoru Hosono, Gakushuin University; Daisuke Miyakawa, Development Bank of Japan; Hirofumi Uchida, Kobe University; Arito Ono, Mizuho Research Institute; and Taisuke Uchino, Daito Bunka University, "Natural Disasters, Bank Lending, and Firm Investment"

* David B. Cashin, University of Michigan, and Takashi Unayama, Kobe University, "Measuring Intertemporal Substitution: Evidence from a Consumption Tax Rate Increase in Japan"

* Yasushi Hamao, University of Southern California; Kenji Kutsuna, Kobe University; and Joe Peek, Federal Reserve Bank of Boston, "Nice to be on the A-List"

* Julian Franks, London Business School; Colin Mayer, University of Oxford; and Hideaki Miyajima, Waseda University, The Ownership of Japanese Corporations in the 20th Century"

* Douglas Skinner and Meng Li, University of Chicago, and Kazuo Kato, Osaka University, "Is Japan Really a "Buy"? …

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