HSI2019—5th Hitotsubashi Summer Institute

Information

We are very pleased to inform you that we will hold the HSI2019—5th Hitotsubashi Summer Institute from 29 July to 4 August 2019 at Hitotsubashi University. We have four sessions this year as shown below.

By clicking a date, relevant program is opened.

Microeconomic Theory on 29 and 30 July
Reiko Gotoh (Institute of Economic Research, Hitotsubashi University)
Daisuke Hirata (Hitotsubashi Institute for Advanced Study, Hitotsubashi University)
Norio Takeoka (Graduate School of Economics, Hitotsubashi University)
Takashi Ui (Graduate School of Economics, Hitotsubashi University)
Yuichi Yamamoto (Institute of Economic Research, Hitotsubashi University)

International Trade and FDI on 31 July and 1 August (morning)
Jota Ishikawa (Graduate School of Economics, Hitotsubashi University)
Eiichi Tomiura (Graduate School of Economics, Hitotsubashi University)

The 1st Meeting of Japanese Association for Development Economics (JADE) on 1 (afternoon) and 2 August
Takashi Kurosaki (Institute of Economic Research, Hitotsubashi University)
Yutaka Arimoto (Institute of Economic Research, Hitotsubashi University)

Macro- and Financial Econometrics on 3 and 4 August
Toshiaki Watanabe (Institute of Economic Research, Hitotsubashi University)
Co-sponsorship: the Grants-in-Aid for Scientific Research (A), Grant Number 17H00985

During the event, we will be taking photos as part of effort to promote the activities of HIAS. Photos may be disclosed to the public through web sites, leaflets, and other media.

“Eduroam” is available at the venue.

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Program

Program for HSI2019

July 29, 2019

  • 11:00 → 11:30(30m)
    Registration
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 11:30 → 12:30
    Political Economy I
    Chair: Norio Takeoka (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 11:30(1h)
      The Winner-Take-All Dilemma
      Co-author: Kazuya Kikuchi
      Link: Paper
      Speaker: Yukio Koriyama (Ecole Polytechnique)
  • 12:30 → 13:45(1h 15m)
    Luncheon Meeting of Committee Members
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 13:45 → 14:45
    Political Economy II
    Chair: Norio Takeoka (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 13:45(1h)
      Efficiency with Political Power Dynamics and Costly Policy Change
      Co-author: Adriana Piazza
      Speaker: Hulya Eraslan (Rice University)
  • 14:45 → 15:15(30m)
    afternoon break I
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 15:15 → 16:15
    Social Interactions I
    Chair: Takashi Ui (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 15:15(1h)
      Network Games Made Simple
      Co-author: Yves Zenou
      Speaker: Junjie Zhou (National University of Singap)
  • 16:15 → 16:45(30m)
    afternoon break II
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 16:45 → 17:45
    Social Interactions II
    Chair: Takashi Ui (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 16:45(1h)
      Behavioral Influence
      Co-authors: Yusufcan Masatlioglu and Tugce Cuhadaroglu
      Speaker: Christopher P. Chamber (Georgetown University)
  • 18:00 → 20:00(2h)
    Reception
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

July 30, 2019

  • 09:00 → 09:15(15m)
    Registration
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 09:15 → 12:45
    Choice and Welfare
    Chair: Norio Takeoka (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 09:15(1h)
      Rationalizability of Partial Consumption Data
      Speaker: Hiroki Nishimura (University of California, Riverside)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 10:15(1h)
      Time Lotteries and Stochastic Impatience
      Co-authors: Patrick De Jarnette, Daniel Gottlieb, and Pietro Ortoleva
      Speaker: David Dillenberger (University of Pennsylvania)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 11:15(30m)
      Morning Break
      Mercury Tower, 7F-Hall – Mercury Tower Hall
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 11:45(1h)
      Failure to Compensate or Failure to Reward? A Decomposition of Inequality of Opportunity
      Co-authors: Z. Emel Öztürk
      Speaker: Kristof Bosmans (Maastricht University)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 12:45 → 14:15(1h 30m)
    Luncheon Meeting of Committee Members
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 14:15 → 16:15
    Market Design
    Chair: Daisuke Hirata (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 14:15(1h)
      Large Matchings in Large Markets with Flexible Supply
      Speaker: Shunya Noda (University of British Columbia)
    • 15:15(1h)
      Simultaneous Search: Beyond Independent Successes
      Speaker: Ran Shorrer (Pennsylvania State University)
  • 16:15 → 16:25(10m)
    Closing Remarks
    Speaker: Reiko Gotoh (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

July 31, 2019

  • 09:20 → 09:50(30m)
    Registration
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 09:50 → 10:00(10m)
    Opening Remarks
    Speaker: Jota Ishikawa (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 10:00 → 13:00
    International Trade and FDI: I
    Chair: Taiji Furusawa (The University of Tokyo)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 10:00(50m)
      Too Much of a Good Thing? Labor Market Imperfections as a Source of Exceptional Exporter Performance
      Co-author: Stephen R. Yeaple
      Link: Paper
      Speaker: Carsten Eckel (University of Munich)
    • 10:50(15m)
      Morning Break I
    • 11:05(50m)
      Geographic Fragmentation in a Knowledge Economy
      Co-author: Yang Jiao
      Link: Paper
      Speaker: Lin Tian (INSEAD)
    • 11:55(15m)
      Morning Break II
    • 12:10(50m)
      IO for Export(s)
      Co-author: J. Peter Neary
      Link: Paper
      Speaker: Monika Mrazova (University of Geneva)
  • 13:00 → 14:30(1h 30m)
    Luncheon Meeting of Committee Members
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 14:30 → 17:30
    International Trade and FDI: II
    Chair: Kensuke Teshima (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 14:30(50m)
      Financing Multinationals
      Co-author: Wenlan Luo
      Link: Paper
      Speaker: Jingting Fan (Pennsylvania State University)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 15:20(15m)
      Afternoon Break
      Mercury Tower, 7F-Hall – Mercury Tower Hall
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 15:35(50m)
      Good and Factor Market Integration: A Quantitative Assessment of the EU Enlargement
      Co-authors: Lorenzo Caliendo, Luca David Opromolla and Alessandro Sforza
      Speaker: Fernando Parro (Pennsylvania State University)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 16:25(15m)
      Afternoon Break II
      Mercury Tower, 7F-Hall – Mercury Tower Hall
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo, 186-8601 JAPAN
    • 16:40(50m)
      Intellectual Property Enforcement, Exports and Productivity of Heterogeneous Firms in Developing Countries: Evidence from China
      Co-authors: Huiwen Lai and Lei Yang
      Speaker: Keith Maskus (University of Colorado)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 17:45 → 19:15(1h 30m)
    Reception
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

August 1, 2019

  • 09:10 → 09:40(30m)
    Registration
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 09:40 → 12:40
    International Trade and FDI: III
    Chair: Yoichi Sugita (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 09:40(50m)
      Quality, Variable Markups, and Welfare: A Quantitative General Equilibrium Analysis of Export Prices
      Co-authors: Haichao Fan, Sichuang Xu and Stephen R. Yeaple
      Speaker: Yao Amber Li (Hong Kong University of Science and Technology)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 10:30(15m)
      Morning Break I
      Mercury Tower, 7F-Hall – Mercury Tower Hall
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 10:45(50m)
      Globalization and Female Empowerment: Evidence from Myanmar
      Co-author: Teresa Molina
      Speaker: Mari Tanaka (Hitotsubashi University)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 11:35(15m)
      Morning Break II
      Mercury Tower, 7F-Hall – Mercury Tower Hall
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    • 11:50(50m)
      Grain Exports and the Causes of China’s Great Famine, 1959—1961: County-Level Evidence
      Link: Paper
      Speaker: Hiro Kasahara (University of British Columbia / Hitotsubashi University)
      Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
      Hitotsubashi University
      2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 12:40 → 12:50(10m)
    Closing Remarks
    Speaker: Eiichi Tomiura (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 12:50 → 14:00(1h 10m)
    Joint Luncheon Meeting of Committee Members
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 13:00 → 13:30(30m)
    Registration
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 1876-8601 JAPAN
    **Some notes on sessions from here to the end of 2 August.****
    Each presentation is assigned 45 minutes including comments and discussion. The standard time allocation is 25 minutes for presentation, 10 minutes for comments by the discussant, and 10 minutes for floor discussion.
    1st JADE Conference Committee
    Takashi Kurosaki (Hitotsubashi University)
    Yukichi Mano (Hitotsubashi University)
    Jun Goto (Kobe University)
    HSI Organizers
    Takashi Kurosaki (Hitotsubashi University)
    Yutaka Arimoto (Hitotsubashi University)
  • 13:30 → 15:45
    Technology and Information Network
    Chair: Mari Tanaka (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 13:30(45m)
      The Effects of Exposure Intensity on Technology Adoption and Gains: Experimental Evidence from Bangladesh on the System of Rice Intensification
      Co-authors: Christopher B. Barrett, Asad Islam, Debayan Pakrashi and Ummul Ruthbah
      Discussant: Yuki Higuchi (Nagoya City University)
      Speaker: Abdul Malek (University of Tsukuba / BRAC)
    • 14:15(45m)
      Fame, Shame, or Money for Improving Agricultural Extension Service: Randomized Control Trial on Public Sector Workers in Bangladesh
      Co-author: Yoko kijima
      Discussant: Kazushi Takahashi (GRIPS)
      Speaker: Md. Rajibul Alam (GRIPS)
    • 15:00(45m)
      Motivation for Information Exchange in a Virtual Community of Practice: Evidence from a Facebook Group for Shrimp Farmers
      Co-author: Aya Suzuki
      Discussant: Kei Kajisa (Aoyama Gakuin University)
      Speaker: Guenwoo Lee (Hitotsubashi University)
  • 15:45 → 16:00(15m)
    Afternoon Break
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo, 186-8601 JAPAN
  • 16:00 → 18:15
    Governance, Public Finance, and Conflicts
    Chair: Go Shimada (Meiji University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 16:00(45m)
      Rent Extraction and Political Accountability: Evidence from Audit Impact in Kenya
      co-authors: Yoko Kijima and Stephan Litschig
      Discussant: Jun Goto (Kobe University)
      Speaker: Antony Mbithi (GRIPS)
    • 16:45(45m)
      Using Reminders and Nudges to Increase Property Tax Compliance in Dar es Salaam
      Discussant: Junichi Yamasaki (Kobe University)
      Speaker: Fredrick Manang (University of Dodoma)
    • 17:30(45m)
      Price Shock and Conflict: Evidence from the Cost of the Minimum Food Basket in Yemen
      Discussant: Tomoya Matsumoto (Otaru University of Commerce)
      Speaker: Yasuka Tateishi (Yale University)
  • 18:15 → 18:45
    JADE General Assembly
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 18:15(10m)
      President’s Speech
      Speaker: Keijiro Otsuka (Kobe University)
    • 18:25(20m)
      JADE association matters
      Speakers: Yasuyuki Todo (Waseda University) , Aya Suzuki (The University of Tokyo)
  • 18:45 → 20:30(1h 45m)
    Reception
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

August 2, 2019

  • 09:30 → 10:00(30m)
    Registration
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 10:00 → 12:15
    Agricultural and Industrial Organizations
    Chair: Tsunehiro Otsuki (Osaka University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 10:00(45m)
      Inducing Smallholders to Comply with International Standards: Evidence from the Shrimp Aquaculture Sector in Vietnam
      Co-authors: Vu Hoang Nam and Guenwoo Lee
      Discussant: Yasuyuki Todo (Waseda University)
      Speaker: Aya Suzuki (The University of Tokyo)
    • 10:45(45m)
      Do Firm Boundary Decisions Affect Firm Performance? The Case of the Rice Trading Industry in Nigeria
      Co-authors: Shota Komatsu and Takeshi Sakurai
      Discussant: Yoshito Takasaki (University of Tokyo)
      Speaker: Yoko Kijima (GRIPS)
    • 11:30(45m)
      Decentralized Targeting of Agricultural Credit Programs: Private versus Political Intermediaries
      Invited Speaker
      Co-authors: Pushkar Maitra, Sandip Mitra and Dilip Mookherjee
      Discussant: Hisaki Kono (Kyoto University)
      Speaker: Sujata Visaria (Hong Kong University of Science & Technology)
  • 12:15 → 13:00(45m)
    Luncheon Meeting
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
    This lunch time is exceptionally too short to go to outside restaurant. We strongly recommend you to reserve a lunch ticket from “Registration Form” and purchase the ticket beforehand when you check in at the reception desk.
  • 13:00 → 15:15
    Migration, Human Capital, and Economic Development
    Chair: Tetsushi Sonobe (GRIPS)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 13:00(45m)
      Resilient Pakistan: The Forgotten Economic Success Story
      Invited Speaker
      Discussant: Takashi Kurosaki (Hitotsubashi University)
      Speaker: Matthew McCartney (University of Oxford)
    • 13:45(45m)
      Determinants of Migration: Cotton Strikes and Income Shocks in Mali
      Co-author: Jeremy Foltz
      Discussant: Chikako Yamauchi (GRIPS)
      Speaker: Zachary Barnett-Howell (Yale University)
    • 14:30(45m)
      The Impact of Migration and Remittance on Labor Supply in Tajikistan
      Co-authors: Eiji Yamada and Erica Sioson
      Discussant: Ryo Takahashi (Waseda University)
      Speaker: Enerelt Murakami (JICA Research Institute)
  • 15:15 → 15:30(15m)
    Afternoon Break
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 15:30 → 17:45
    Health and Multidimensional Welfare Measurement
    Chair: Hidefumi Yokoo (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 15:30(45m)
      The Effect of Protected Areas Enactment on Malaria Incidence in the Brazilian Amazon
      Discussant: Masahiro Shoji (Seijo University)
      Speaker: Alicia V. Barriga (University of Connecticut)
    • 16:15(45m)
      Effectiveness of Female Genital Cutting Bans in Africa
      Co-author: Stacey H. Chen
      Discussant: Kazuya Masuda (Hitotsubashi University)
      Speaker: Hailegabriel Abebe Fenta (GRIPS)
    • 17:00(45m)
      Comparative Analysis of Life Satisfaction, Equivalent Income Indices, and Alike-Foster Multi-dimensional Poverty Index: Empirical Results from India
      Co-author: Norihito Sakamoto
      Discussant: Takeshi Aida (IDE-JETRO)
      Speaker: Yuko Mori (Tsuda University)

August 3, 2019

  • 09:30 → 10:00(30m)
    Registration
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 10:00 → 10:05(5m)
    Opening Remarks
    Speaker: Toshiaki Watanabe (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 10:05 → 12:05
    VAR
    Chair: Koichi Maekawa (Hiroshima University of Economics)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 10:05(40m)
      Pass-Through of Oil Supply Shocks to Domestic Gasoline Prices: Evidence from Daily Data
      Speaker: Etsuro Shioji (Hitotsubashi University)
    • 10:45(40m)
      Discounting Normalcy:An Evaluation of FED Monetary Policy from 1920 to 1941
      Speaker: James M. Nason (North Carolina State University)
    • 11:25(40m)
      Large-Hybrid Time-Varying Parameter VARs
      Speaker: Joshua C.C. Chan (Purdue University)
  • 12:05 → 13:05(1h)
    Luncheon Meeting of Committee Members
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 13:05 → 14:25
    Financial Markets and Macroeconomy
    Chair: Kosuke Oya (Osaka University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 13:05(40m)
      Negative Interest Rate Policy and the Influence of Macroeconomic News on Yields
      Co-authors: Rasmus Fatum (University of Alberta) and Yohei Yamamoto (Hitotsubashi University)
      Link: Paper
      Speaker: Naoko Hara (Bank of Japan)
    • 13:45(40m)
      Stock Return Predictability and Variance Risk Premia around the ZLB
      Co-authors: Masato Ubukata (Meiji Gakuin University) and Toshiaki Watanabe (Hitotsubashi University)
      Speaker: Toshiaki Ogawa (Bank of Japan)
  • 14:25 → 14:40(15m)
    Afternoon Break
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 14:40 → 16:40
    Financial Stochastic Volatility
    Chair: Makoto Takahashi (Hosei University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 14:40(40m)
      Skew Selection for Factor Stochastic Volatility Models
      Speaker: Jouchi Nakajima (Bank of Japan)
    • 15:20(40m)
      Multivariate Stochastic Volatility Model with Realized Volatilities and Pairwise Realized Correlations
      Co-author: Yasuhiro Omori (University of Tokyo)
      Speaker: Yuta Yamauchi (The University of Tokyo)
    • 16:00(40m)
      High-frequency Stochastic Volatility Models
      Co-author: Jouchi Nakajima (Bank of Japan)
      Speaker: Toshiaki Watanabe (Hitotsubashi University)
  • 17:00 → 19:00(2h)
    Reception
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

August 4, 2019

  • 09:30 → 10:00(30m)
    Registration
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 10:00 → 12:00
    Trend, Cycle and Structural Change
    Chair: Eiji Kurozumi (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 10:00(40m)
      A New Structural Identification of Trend/Cycle Decomposition Using Survey Expectations: How Important is the Permanent Shock in US GDP?
      Speaker: Yunjong Eo (University of Sydney)
    • 10:40(40m)
      Whittaker-Henderson Graduation and Graph Spectral Filtering
      Speaker: Hiroshi Yamada (Hiroshima University)
    • 11:20(40m)
      Testing Jointly for Structural Changes in the Error Variance and Coefficients of a Linear Regression Model
      Co-authors: Pierre Perron (Boston University) and Jing Zhou (Seeking Sense Investment Management Co., Ltd.)
      Speaker: Yohei Yamamoto (Hitotsubashi University)
  • 12:00 → 13:00(1h)
    Luncheon Meeting of Committee Members
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 13:00 → 15:00
    Fiscal Policy
    Chair: Takashi Kano (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 13:00(40m)
      Forecasting Public Investment Using Daily Stock Returns
      Speaker: Hiroshi Morita (Hosei University)
    • 13:40(40m)
      Fiscal Austerity and Debt-Dependent Government Spending Multiplier: Time-Series Evidence
      Co-author: Hirokuni Iiboshi (Tokyo Metropolitan University)
      Speaker: Yasuharu Iwata (Cabinet Office)
    • 14:20(40m)
      Fiscal Policy Uncertainty due to Demographic Projection Errors
      Speaker: Takefumi Yamazaki (Ministry of Finance/Hitotsubashi University)
  • 15:00 → 15:15(15m)
    Afternoon Break
    Mercury Tower, 7F-Hall – Mercury Tower Hall
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN
  • 15:15 → 17:15
    Bayesian Inference and Macroeconomic Models
    Chair: Toshiaki Watanabe (Hitotsubashi University)
    Mercury Tower, 7F-Conference Room – Mercury Tower Conference Room
    Hitotsubashi University
    2-1, Naka, Kunitachi, Tokyo 186-8601 JAPAN

    • 15:15(40m)
      Estimation under Ambiguity
      Co-authors: Raffaella Giacomini (University College London) and Harald Uhlig (University of Chicago)
      Link: Paper
      Speaker: Toru Kitagawa (University College London)
    • 15:55(40m)
      On Posterior Inferences of Misspecified DSGE Models: The Minimal Econometric Interpretation
      Speaker: Takashi Kano (Hitotsubashi University)
    • 16:35(40m)
      The New Area-Wide Model II: An Extended Version of the ECB’s Micro-Founded Model for Forecasting and Policy Analysis with a Financial Sector
      Co-authors: Peter Karadi (European Central Bank), Sebastian Schmidt (European Central Bank) and Anders Warne (European Central Bank)
      Link: Paper
      Speaker: Günter Coenen (European Central Bank)
  • 17:15 → 17:20(5m)
    Closing Remarks
    Speaker: Yohei Yamamoto (Hitotsubashi University)
Directions

Directions

The closest st. to the venue Hitotsubashi University is JR Kunitachi st. Unfortunately, the nearest accommodation is around Tachikawa st., which is next stop of Kunitachi st.

Directions

  1. From Airports to Accommodation at Tachikawa by Airport Limousine (Bus)
    Bus is not running so frequently and takes longer compared with trains, but it takes you to Palace Hotel Tachikawa via Tachikawa st. without any change from airports.
    From Narita Int. Airport: ~ 3 hours, 3,600 JPY, click here for further info.
    From Haneda Int. Airport: ~ 2 hours, 1,550 JPY, click here for further info.
  2. From Airports to Accommodation at Tachikawa by Trains
    From Narita Int. Airport: N’EX (to Tokyo st. or to Shinjyuku st. ) + JR Chuo Line, ~ 2 hours, 3,640 JPY
    From Haneda Int. Airport: Tokyo Monorail + JR Yamanote Line + JR Chuo Line, ~ 1.2 hours., 1,210 JPY (to Tachikawa st.) or 1,130 JPY (to Kunitachi st.)
  3. Between Accommodation at Tachikawa and Venue at Kunitachi
    one stop 3 min (140 JPY, JR Chuo Line) + 10 min. walk
  4. From Tokyo st. to Kunitachi st.
    ~ 50 min., 550 JPY JR Chuo Line
  5. Campus map of Hitotsubashi University
  6. Palace Hotel Tachikawa

N’EX
All seats are reserved. Please purchase reserved seat limited express ticket to Tokyo st. or to Shinjyuku st. in addition to basic fare ticket to your final destination, Kunitachi st. (venue) or Tachikawa st. (accommodation). For further detail, please check this page.

Tokyo Monorail
It’s running almost every 4 min. in average. You can purchase a ticket to final destination, Kunitachi st. (venue) or Tachikawa st. (accommodation) at the airport by touching “Transfer Ticket” on the initial screen of the ticket machine and then “JR LINE”. For further information, please check here.

JR Yamanote Line
It’s a circular railway.

JR Chuo Line
We can choose from local train, rapid train and special rapid train. Be careful that special rapid train stops at Tachikawa st. (accommodation), but does not stop at Kunitachi st. (venue). If you take special rapid train from Tokyo or Shinjyuku st., please transfer at Kokubunji st. following English announcement in the train.

Campus Map of Hitotsubashi University

Campus_Map

Palace Hotel Tachikawa
Tachikawa st. and the hotel is connected with Pedestrian deck. It’s about 3 min. walk.
In front of the hotel, there is a bus stop of Airport Limousine from Narita and Haneda Int. airport.
Address: 2-40-15, Akebono-cho, Tachikawa-shi, Tokyo 190-0012 Japan
Phone: +81 (0)42 527 1111
Access map is here.