May 29, 2010 9:30-18:00  Venue:The Industry Club of Japan (Kogyo Club)

CIGS Conference on Macroeconomic Theory and Policy

On May 29, 2010, The Canon Institute for Global Studies (CIGS) held "CIGS conference on Macroeconomic Theory and Policy."

Opening Remarks

  • Toshihiko Fukui
    President, The Canon Institute for Global Studies


  • Hugo Hopenhayn
    Professor, University of California-Los Angeles (UCLA), Department of Economics

    "Equilibrium Default"

  • Keiichiro Kobayashi
    Research Director, The Canon Institute for Global Studies

    "A Dynamic Model of Bank Runs"

  • Richard Rogerson
    Regents Professor, Arizona State University

    "Retirement in a Life Cycle Model with Home Production"

  • R. Anton Braun
    Professor, The University of Tokyo

    "Optimal monetary policy when asset markets are incomplete: an irrelevance result."

  • Yongsung Chang
    Associate Professor, Department of Economics, University of Rochester

    "Labor Market Heterogeneity and the Lucas Critique"

  • Tomoyuki Nakajima
    Visiting Research Fellow, The Canon Institute for Global Studies
    Associate Professor, Kyoto University (Institute of Economic Research)

    "Optimal taxation and constrained inefficiency in an infinite-horizon economy with incomplete markets"

  • Selahattin Imrohoroglu
    Professor, University of Southern California, Marshall School of Business,
    Department of Finance and
    Business Economics, and Department of Economics

    "Social Security, Benefit Claiming and Labor Force Participation: A Quantitative General Equilibrium Approach"