Event Report  Global Economy

CIGS Conference on Macroeconomic Theory and Policy 2013

Jun 24, 9:00-17:15 & Jun 25, 9:00-13:30, 2013
Venue: FUKURACIA Tokyo Station (Asahi Seimei Otemachi Building 5F-L, 6-1, Otemachi 2-chome, Chiyoda-ku, Tokyo)

  • Agenda for the conference on Jun-24 & 25, 2013
    AgendaPDF:105KB


  • Presentations and papers


    Opening Remarks

    • Toshihiko Fukui
      President, The Canon Institute for Global Studies

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    Keynote Speech

    • Speaker:Edward C. Prescott (Arizona State University)
      Theme:"The Goods and the Bads of the U.S. Financial System and How to Make the System Better"

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    Presentations

    • Presentator:Ramon Marimon (European University Institute)
      Theme:"Risky Investments with Limited Commitment" (joint with Thomas Cooley and Vincenzo Quadrini)



      Presentation Slidepdf:600KB   Paperpdf:657KB





      Discussant: Hugo Hopenhayn (UCLA)
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      (Dr. Ramon Marimon)

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      (Dr. Hugo Hopenhayn)

    • Presentator:Timothy J. Kehoe (University of Minnesota)
      Theme:"Global Imbalances and Structural Change in the United States" (joint with Kim J. Ruhl and Joseph B. Steinberg)



      Presentation Slidepdf:833KB   Paperpdf:1.0MB





      Discussant: German Cubas (Central Bank of Uruguay and FCS-University of Republic)
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      (Dr. Timothy J. Kehoe)

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      (Dr. German Cubas)

    • Presentator:Julen Esteban-Pretel (National Graduate Institute for Policy Studies)
      Theme:"Labor Market Policies in a Dual Economy" (joint with Sagiri Kitao)



      Presentation Slidepdf:169KB   Paperpdf:678KB







      Discussant: Gary D. Hansen (UCLA)
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      (Dr. Julen Esteban-Pretel)

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      (Dr. Gary D. Hansen)

    • Presentator:Karen A. Kopecky (FRB of Atlanta)
      Theme:"Old, Sick, Alone and Poor: A Welfare analysis of Old-Age Social Insurance Programs" (joint with R. Anton Braun and Tatyana Koreshkova.)



      Presentation Slidepdf:371KB   Paperpdf:450KB





      Discussant: Sagiri Kitao (City University of New York)
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      (Dr. Karen A. Kopecky)

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      (Dr. Sagiri Kitao)

    • Presentator:Ellen R. McGrattan (FRB of Minneapolis)
      Theme:"On Financing Retirement with an Aging Population" (joint with Edward C. Prescott)



      Presentation Slidepdf:181KB   Paperpdf:180KB






      Discussant: Selahattin Imrohoroglu (USC Marshall School of Business & CIGS)

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      (Dr. Ellen R. McGrattan)

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      (Dr. Selahattin Imrohoroglu)

    • Presentator:Fumio Hayashi (Hitotsubashi University & CIGS)
      Theme:"A Regime-Switching SVAR Analysis of the Zero-Interest Rate Policy" (joint with Junko Koeda)



      Presentation Slidepdf:1.3MB   Paperpdf:1.8MB





      Discussant: R. Anton Braun (FRB of Atlanta & CIGS)
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      (Dr. Fumio Hayashi)

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      (Dr. R. Anton Braun)

    • Presentator:Francisco J. Buera (UCLA)
      Theme:"Liquidity Traps and Monetary Policy: Managing a Credit Crunch" (joint with Juan Pablo Nicolini)



      Presentation Slidepdf:310KB   Paperpdf:353KB





      Discussant: Pedro Silos (FRB of Atlanta)
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      (Dr. Francisco J. Buera)

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      (Dr. Pedro Silos)

    • Presentator:Keiichiro Kobayashi (CIGS & Keio University)
      Theme:"Deflation and debt: A neoclassical framework for monetary policy analysis"



      Presentation Slidepdf:118KB   Paperpdf:173KB







      Discussant: Juan Pablo Nicollini (FRB of Minneapolis)

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      (Dr. Keiichiro Kobayashi)

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      (Dr. Juan Pablo Nicollini)

    • Presentator:Makoto Nakajima (FRB of Philadelphia)
      Theme:"Monetary Policy with Heterogeneous Agents" (joint with Nils Gornemann and Keith Kuester)



      Presentation Slidepdf:717KB   Paperpdf:430KB





      Discussant: Shuhei Takahashi (Kyoto University)
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      (Dr. Makoto Nakajima)

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      (Dr. Shuhei Takahashi)