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May 30, 9:00-17:00 & May 31, 9:00-13:00, 2016  Venue:CIGS Meeting Room3

CIGS Conference on Macroeconomic Theory and Policy 2016

On May 30 & 31, 2016, CIGS hosted the “CIGS Conference on Macroeconomic Theory and Policy 2016” under the theme of “New Directions in Macroeconomics” where world-leading scholars and researchers in macroeconomics as well as Japanese young researchers gathered for deep discussions.

  • Agenda for the conference on May 30 & 31, 2016
    AgendaPDF:178KB

  • Presentations and papers


    Opening Remarks

    • Toshihiko Fukui
      President, The Canon Institute for Global Studies

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    Presentation

    • Presenter: Martin Schneider (Stanford University)
      "Uncertainty Aversion and Heterogeneous Beliefs in Linear Models"
      (with Cosmin Ilut and Pavel Krivenko)

      160530_schneider_photo.JPG
    • Presenter: Hikaru Saijo (University of California, Santa Cruz)
      "Learning, Confidence, and Business Cycles" (with Cosmin Ilut)

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    • Presenter: Yongseok Shin (Washington University in St. Louis)
      "Managing a Polarized Structural Change" (with Sang Yoon (Tim) Lee)

      160530_shin_photo.JPG
    • Presenter: Tomoyuki Nakajima (Kyoto University)
      "A Theory of nonperforming loans and debt restructuring" (with Keiichiro Kobayashi)

      160530_nakajima_photo.JPG
    • Presenter: Mikhail Golosov (Princeton University)
      "Fiscal Policy and Debt Management with Incomplete Markets"
      (with Anmol Bhandari, David Evans, Thomas J.Sargent)

      160530_golosov_photo.JPG
    • Presenter: Hitoshi Tsujiyama (Goethe University Frankfurt)
      "Optimal Income Taxation: Mirrlees Meets Ramsey" (with Jonathan Heathcote)

      160530_tsujiyama_photo.JPG
    • Presenter: Martin Eichenbaum (Northwestern University)
      "Does the New Keynesian Model Have a Uniqueness Problem?"
      (with Lawrence J. Christiano, Benjamin K. Johannsen)

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    • Presenter: Monika Piazessi (Stanford University)
      "Payments, Credit and Asset Prices" (with Martin Schneider)

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    • Presenter: Fumio Hayashi (The National Graduate Institute for Policy Studies)
      "Affine Term Structure Pricing with Bonds Supply As Factors"

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    • Presenter: Ricardo Lagos (New York University)
      "Turnover Liquidity and the Transmission of Monetary Policy" (with Shengxing Zhang)

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    • Presenter: Shouyong Shi (Pennsylvania State University)
      "Endogenously Procyclical Liquidity, Capital Reallocation, and q" (with Melanie Cao)

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    Closing Remarks

    • Selahattin Imrohoroglu (USC Marshall School of Business)

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