HSI2020—6th Hitotsubashi Summer Institute



We are very pleased to inform you that we will hold the HSI2020—6th Hitotsubashi Summer Institute.

We have four online sessions this year as shown below.

By clicking a date, relevant program is opened.

Currently, registration for “Microeconomic Theory” & “Hitotsubashi Conference on International Trade and FDI 2020” is open.

If you would like to register, please go to “Registration” page.

Macro- and Financial Econometrics on 31 October and 1 November
Toshiaki Watanabe (Institute of Economic Research, Hitotsubashi University)
Co-sponsorship:the Grants-in-Aid for Scientific Research (A), Grant Number 20H000732

JADE-HSI 2020 Conference on 14 and 15 November
Takashi Kurosaki (Institute of Economic Research, Hitotsubashi University)
Yutaka Arimoto (Institute of Economic Research, Hitotsubashi University)

Microeconomic Theory on 28 and 29 November
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)

Hitotsubashi Conference on International Trade and FDI on 12 and 13 December
Jota Ishikawa (Graduate School of Economics, Hitotsubashi University)
Eiichi Tomiura (Graduate School of Economics, Hitotsubashi University)



Program for HSI2020

Macro- and Financial Econometrics

October 31, 2020
  • 09:15 → 15:30(6h 15m)
    You can Join the Zoom for Macro- and Financial Econometrics
  • 09:25 → 09:30(5m)
    Opening Remarks
    Speaker: Toshiaki Watanabe (Hitotsubashi University)
  • 09:30 → 10:30
    Keynote Talk
    Chair: Toshiaki Watanabe (Hitotsubashi University)

    • 09:30(1h)
      Markov-Switching Models with Unknown Error Distributions: Identification and Inference within the Bayesian Framework
      Speaker: Chang-Jin Kim (University of Washington)
      Co-author: Shih-Tang Hwu (California State Polytechnic University)
  • 10:30 → 12:30
    Financial Econometrics
    Chair: Yohei Yamamoto (Hitotsubashi University)

    • 10:30(40m)
      High-frequency Realized Stochastic Volatility Model
      Speaker: Jouchi Nakajima (Bank of Japan)
      Co-author: Toshiaki Watanabe (Hitotsubashi University)
    • 11:10(40m)
      Time-varying Jump Tail Risk Measure Using High-frequency Options Data
      Speaker: Masato Ubukata (Meiji Gakuin University)
    • 11:50(40m)
      Inference in Weak Factor Models
      Speaker: Yoshimasa Uematsu (Tohoku University)
      Co-author: Takashi Yamagata (University of York)
  • 12:30 → 13:30(1h)
    Lunch Break
  • 13:30 → 15:30
    Chair: Takashi Kano (Hitotsubashi University)

    • 13:30(40m)
      The Model-based Assessment of Macroeconomic Impact of the COVID-19 on Emerging Economies
      Speaker: Takefumi Yamazaki (World Bank)
    • 14:10(40m)
      Fiscal Multipliers in the Most Aged Country:Empirical Evidence and Theoretical Interpretation
      Speaker: Hiroshi Morita (Hosei University)
    • 14:50(40m)
      Financial Market Participation, Cost Volatility, and Demand Shocks
      Speaker: Sungbae An (Korea Institute for International Economic Policy)
      Co-author: Ohik Kwon (Bank of Korea)
November 1, 2020
  • 09:50 → 15:05(5h 15m)
    You can Join the Zoom for Macro- and Financial Econometrics
  • 10:00 → 12:00
    Interest Rate and Inflation
    Chair: Etsuro Shioji (Hitotsubashi University)

    • 10:00(40m)
      Why Has the Natural Rate of Interest Declined in Recent Years?
      Speaker: James Morley (University of Sydney)
      Co-authors: Trung Duc Tran (University of Sydney) , Benjamin Wong (Monash University)
    • 10:40(40m)
      Understanding Trend Inflation through the Lens of the Goods and Services Sectors
      Speaker: Yunjong Eo (Korea University)
      Co-authors: Luis Uzeda (Bank of Canada), Benjamin Wong (Monash University)
    • 11:20(40m)
      Japanification of Bond Markets? Effects of Decay Factor
      Speaker: Atsushi Sekine (Chiba University)
      Co-author: Junko Koeda (Ministry of Finance)
      Link: Paper
  • 12:00 → 13:00(1h)
    Lunch Break
  • 13:00 → 15:00
    Monetary Policy
    Chair: Toshitaka Sekine (Hitotsubashi University)

    • 13:00(40m)
      The FOMC’s New Individual Economic Projections and Macroeconomic Theories
      Speaker: Natsuki Arai (National Chengchi University)
    • 13:40(40m)
      International Spillover Effects of Unconventional Monetary Policies of Major Central Banks
      Speaker: Tatsuyoshi Okimoto (Australian National University)
      Co-author: Tomoo Inoue (Seikei University)
    • 14:20(40m)
      Examining Macroprudential Policy and its Macroeconomic Effects – Some New Evidence
      Speaker: Soyoung Kim (Seoul National University)
      Co-author: Aaron Mehrotra (Bank for International Settlements)
  • 15:00 → 15:05(5m)
    Closing Remarks
    Speaker: Etsuro Shioji (Hitotsubashi University)

JADE-HSI 2020 Conference

November 14, 2020
  • 13:15 → 17:00(3h 45m)
    JADE-HSI 2020 Conference
  • 13:30 → 17:00
    General Meeting

    • 13:30(40m)
      Presidential Address: Strategy for Cluster-Based Industrial Development in Developing Countries
      Chair: Yasuyuki Todo (Waseda University)
      Speaker: Keijiro Otsuka (Kobe University)
    • 14:10(10m)
    • 14:20(1h 30m)
      Panel Discussion: Developing Countries after COVID-19? The Role of Development Economists
      Chair: Yoko Kijima(GRIPS)
      Panelist: Tetsushi Sonobe(ADBI), Yasuyuki Sawada (ADB), Takashi Kurosaki (Hitotsubashi University), Go Shimada (Meiji University)
    • 15:50(10m)
    • 16:00(1h)
      Tutorial Session : “Towards Transparent Economic Research: Pre-Analysis Plans and Registered Reports”
      Chair: Aya Suzuki (Tokyo University)
      Speaker: Shuhei Kitamura (Osaka University)
November 15, 2020
  • 09:40 → 11:15
    【Meeting A】予備成果報告① テーマ:農業

    • 09:40(50m)
      The Effects of Providing Market Information on Farmers’ Bargaining Power and Market Participation: Evidence from Smallholder Coffee Producers in Ethiopia
      Speaker:李 根雨(一橋大学経済研究所)
    • 10:30(45m)
      The effect of on-farm storage interventions on local farm gate prices: Evidence from the Thai Jasmine rice markets [English]
      Speaker: Kaittisak Kumse (The University of Tokyo)
  • 09:40 → 11:15
    【Meeting B】予備成果報告① テーマ:実験・環境
    Chair:高橋 遼

    • 09:40(50m)
      Hostility toward breaching restrictions during the COVID-19 pandemic
      Speaker: 高橋 遼(早稲田大学政治経済学術院)
    • 10:30(45m)
      Adaptable Rainfall Shocks and Intractable Temperature Shocks: Unwillingness to Work Under Heat? [English]
      Speaker: Takaaki Nomoto (World Bank / The University of Tokyo)
  • 11:15 → 11:30(15m)
  • 11:30 → 12:15
    【Meeting A】予備成果報告② テーマ:リスク選好と農業

    • 11:30(45m)
      Elicitation methods of Risk preference: Internal and External validity [English]
      Speaker: Vu Thu Trang (National Graduate Institute for Policy Studies)
  • 11:30 → 12:15
    【Meeting B】予備成果報告② テーマ:環境

    • 11:30(45m)
      The effects of climate change responses on economic and environmental performance among rice farmers: A case study of the Mekong Delta of Vietnam [English]
      Speaker: Ho Thanh Tam (Ritsumeikan University)
  • 12:15 → 13:15(1h)
    Lunch Time
  • 13:15 → 14:45
    【Meeting A】予備成果報告③ テーマ:保険・人的資本
    Chair:會田 剛史

    • 13:15(45m)
      Unintended Consequences of Latrine Construction: Externalities on Water Quality and Health in India [English]
      Speaker: 元橋 一輝 (Tufts University)
    • 14:00(45m)
      Relations between language skills and income in developing countries with diversities of languages: Evidence from South Africa [English]
      Speaker: 山口 尭志
  • 13:15 → 14:45
    【Meeting B】予備成果報告③ テーマ:家族計画・方法論

    • 13:15(45m)
      Impact of Foreign Domestic Workers on the Fertility Decision in the households: Evidence from Hong Kong [English]
      Speaker: 中村 信之 (東京大学大学院)
    • 14:00(45m)
      Predicting the Efficacy of Treatment Effects of Non-Researched Communities from Research Sample: Community Selection Bias in Peruvian Amazon [English]
      Speaker: Yuma Noritomo (The University of Tokyo)
  • 14:45 → 15:00(15m)
  • 15:00 → 16:30
    【Meeting A】予備成果報告④ テーマ:Institution・保健

    • 15:00(45m)
      Leaders in Labor Movements: Experimental Evidence from Myanmar [English]
      Speaker: Mari Tanaka (Hitotsubashi University)
    • 15:45(45m)
      Understanding the puzzle of primary healthcare use in India [English]
      Speaker: Pramod Kumar Sur (Asian Growth Research Institute (AGI))
  • 15:00 → 16:30
    【Meeting B】予備成果報告④ テーマ:農業・電力
    Chair :後藤 潤

    • 15:00(45m)
      Intrahousehold Bargaining and Agricultural Technology Adoption: Experimental Evidence from Zambia [English]
      Speaker: Ken Miura (Kyoto University)
    • 15:45(45m)
      The Impacts of Access to Electricity on Employment, Household Income Growth and Child Labor in Cambodia
      Speaker: 武田 朝美 ( 政策研究大学院大学)

Microeconomic Theory

November 28, 2020
  • 20:00 → 20:30(30m)
    HSI2020: Microeconomic Theory
  • 20:30 → 21:30(1h)
    Moral hazard in stochastic differential games: Beyond Markov equilibrium
    Speaker: Eduardo Faingold (Insper Institute of Education and Research)
November 29, 2020
  • 09:30 → 10:30(1h)
    Recursive Rational Inattention Is Entropic (joint work with Henrique de Oliveira)
    Speaker: Tetsuya Hoshino (ITAM)
  • 10:30 → 11:00(30m)
  • 11:00 → 12:00(1h)
    Organisational structure and differential treatment
    Speaker: Emil Temnyalov (University of Technology Sydney)
  • 12:00 → 14:00(2h)
  • 14:00 → 15:00(1h)
    Arrovian social choice and decentralizability: An integrated approach
    Speaker: Biung-Ghi Ju (Seoul National University)
  • 15:00 → 15:30(30m)
  • 15:30 → 16:30(1h)
    Random Non-Expected Utility: Non-Uniqueness
    Speaker: Yi-Hsuan Lin (Academia Sinica)


Registration Information
Please note that each program has a different registration period.

Macro- and Financial Econometrics
Registration opening day 23 September 2020
Registration deadline 22 October 2020

JADE-HSI 2020 Conference
Registration opening day 20 October 2020
Registration deadline Extended to 9 a.m. 13 November 2020 6 November 2020

Microeconomic Theory
Registration opening day 21 October 2020
Registration deadline Extended to 25 November 2020 19 November 2020

Hitotsubashi Conference on International Trade and FDI 2020
Registration opening day 20 November 2020
Registration deadline 8 December 2020
For more detailed, please visit the website of “Hitotsubashi Conference on International Trade and FDI 2020“.

Who needs to register?

Macro- and Financial Econometrics
All participants, except for committee members. Registration is free.

JADE-HSI 2020 Conference
All participants, including committee members. Registration is free.

Microeconomic Theory
All participants, except for committee members. Registration is free.

Who is a committee member?
If your name is in the program as an organizer, speaker or session chair, you are a committee member.

How to modify the registered information?
Please let us know by email. The address is summer-institute.hias[at]ad.hit-u.ac.jp.

Modification is accepted until two days before each session.

If you have any questions or need any assistance regarding HSI2020, please feel free to ask HIAS planning office at summer-institute.hias[at]dm.hit-u.ac.jp.

Each session has a different registration form.
Please make sure you apply for the right form.

Macro- and Financial Econometrics (closed)
Registration Form

JADE-HSI 2020 Conference(closed)
Registration Form
Registration Form (You will register at JADE website)

Microeconomic Theory
Registration Form

Hitotsubashi Conference on International Trade and FDI 2020
Registration Form