This site introduces events at HIAS GLECS (Hitotsubashi Institute for Advanced Studies, Research Center for Global Economic Systems).

HSI2020—6th Hitotsubashi Summer Institute

                                              The time written in the program is Japan time.
           If you would like to change your timezone, please click [Asia/Tokyo] button on the upper right .


    • 09:15 15:30
      You can Join the Zoom for Macro- and Financial Econometrics 6h 15m
    • 09:25 09:30
      Opening Remarks 5m

      Speaker: Toshiaki Watanabe (Hitotsubashi University)

    • 09:30 10:30
      Keynote Talk

      Chair: Toshiaki Watanabe (Hitotsubashi University)

      • 09:30
        Markov-Switching Models with Unknown Error Distributions: Identification and Inference within the Bayesian Framework 1h

        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
        High-frequency Realized Stochastic Volatility Model 40m

        Speaker: Jouchi Nakajima (Bank of Japan)
        Co-author: Toshiaki Watanabe (Hitotsubashi University)

      • 11:10
        Time-varying Jump Tail Risk Measure Using High-frequency Options Data 40m

        Speaker: Masato Ubukata (Meiji Gakuin University)

      • 11:50
        Inference in Weak Factor Models 40m

        Speaker: Yoshimasa Uematsu (Tohoku University)
        Co-author: Takashi Yamagata (University of York)

    • 12:30 13:30
      Lunch Break 1h
    • 13:30 15:30

      Chair: Takashi Kano (Hitotsubashi University)

      • 13:30
        The Model-based Assessment of Macroeconomic Impact of the COVID-19 on Emerging Economies 40m

        Speaker: Takefumi Yamazaki (World Bank)

      • 14:10
        Fiscal Multipliers in the Most Aged Country:Empirical Evidence and Theoretical Interpretation 40m

        Speaker: Hiroshi Morita (Hosei University)

      • 14:50
        Financial Market Participation, Cost Volatility, and Demand Shocks 40m

        Speaker: Sungbae An (Korea Institute for International Economic Policy)
        Co-author: Ohik Kwon (Bank of Korea)

    • 09:50 15:05
      You can Join the Zoom for Macro- and Financial Econometrics 5h 15m
    • 10:00 12:00
      Interest Rate and Inflation

      Chair: Etsuro Shioji (Hitotsubashi University)

      • 10:00
        Why Has the Natural Rate of Interest Declined in Recent Years? 40m

        Speaker: James Morley (University of Sydney)
        Co-authors: Trung Duc Tran (University of Sydney) , Benjamin Wong (Monash University)

      • 10:40
        Understanding Trend Inflation through the Lens of the Goods and Services Sectors 40m

        Speaker: Yunjong Eo (Korea University)
        Co-authors: Luis Uzeda (Bank of Canada), Benjamin Wong (Monash University)

      • 11:20
        Japanification of Bond Markets? Effects of Decay Factor 40m

        Speaker: Atsushi Sekine (Chiba University)
        Co-author: Junko Koeda (Ministry of Finance)
        Link: Paper

    • 12:00 13:00
      Lunch Break 1h
    • 13:00 15:00
      Monetary Policy

      Chair: Toshitaka Sekine (Hitotsubashi University)

      • 13:00
        The FOMC's New Individual Economic Projections and Macroeconomic Theories 40m

        Speaker: Natsuki Arai (National Chengchi University)

      • 13:40
        International Spillover Effects of Unconventional Monetary Policies of Major Central Banks 40m

        Speaker: Tatsuyoshi Okimoto (Australian National University)
        Co-author: Tomoo Inoue (Seikei University)

      • 14:20
        Examining Macroprudential Policy and its Macroeconomic Effects - Some New Evidence 40m

        Speaker: Soyoung Kim (Seoul National University)
        Co-author: Aaron Mehrotra (Bank for International Settlements)

    • 15:00 15:05
      Closing Remarks 5m

      Speaker: Etsuro Shioji (Hitotsubashi University)

    • 13:15 17:00
      JADE-HSI 2020 Conference 3h 45m
    • 13:30 17:00
      General Meeting
      • 13:30
        Presidential Address: Strategy for Cluster-Based Industrial Development in Developing Countries 40m

        Chair: Yasuyuki Todo (Waseda University)
        Speaker: Keijiro Otsuka (Kobe University)

      • 14:10
        Break 10m
      • 14:20
        Panel Discussion: Developing Countries after COVID-19? The Role of Development Economists 1h 30m

        Chair: Yoko Kijima(GRIPS)
        Panelist: Tetsushi Sonobe(ADBI), Yasuyuki Sawada (ADB), Takashi Kurosaki (Hitotsubashi University), Go Shimada (Meiji University)

      • 15:50
        Break 10m
      • 16:00
        Tutorial Session : "Towards Transparent Economic Research: Pre-Analysis Plans and Registered Reports" 1h

        Chair: Aya Suzuki (Tokyo University)
        Speaker: Shuhei Kitamura (Osaka University)

    • 09:40 11:15
      【Meeting A】予備成果報告① テーマ:農業


      • 09:40
        The Effects of Providing Market Information on Farmers' Bargaining Power and Market Participation: Evidence from Smallholder Coffee Producers in Ethiopia 50m

        Speaker:李 根雨(一橋大学経済研究所)

      • 10:30
        The effect of on-farm storage interventions on local farm gate prices: Evidence from the Thai Jasmine rice markets [English] 45m

        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
        Hostility toward breaching restrictions during the COVID-19 pandemic 50m

        Speaker: 高橋 遼(早稲田大学政治経済学術院)

      • 10:30
        Adaptable Rainfall Shocks and Intractable Temperature Shocks: Unwillingness to Work Under Heat? [English] 45m

        Speaker: Takaaki Nomoto (World Bank / The University of Tokyo)

    • 11:15 11:30
      Break 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
        Elicitation methods of Risk preference: Internal and External validity [English] 45m

        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
        The effects of climate change responses on economic and environmental performance among rice farmers: A case study of the Mekong Delta of Vietnam [English] 45m

        Speaker: Ho Thanh Tam (Ritsumeikan University)

    • 12:15 13:15
      Lunch Time 1h
    • 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
        Unintended Consequences of Latrine Construction: Externalities on Water Quality and Health in India [English] 45m

        Speaker: 元橋 一輝 (Tufts University)

      • 14:00
        Relations between language skills and income in developing countries with diversities of languages: Evidence from South Africa [English] 45m

        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
        Impact of Foreign Domestic Workers on the Fertility Decision in the households: Evidence from Hong Kong [English] 45m

        Speaker: 中村 信之 (東京大学大学院)

      • 14:00
        Predicting the Efficacy of Treatment Effects of Non-Researched Communities from Research Sample: Community Selection Bias in Peruvian Amazon [English] 45m

        Speaker: Yuma Noritomo (The University of Tokyo)

    • 14:45 15:00
      Break 15m
    • 15:00 16:30
      【Meeting A】予備成果報告④ テーマ:Institution・保健


      • 15:00
        Leaders in Labor Movements: Experimental Evidence from Myanmar [English] 45m

        Speaker: Mari Tanaka (Hitotsubashi University)

      • 15:45
        Understanding the puzzle of primary healthcare use in India [English] 45m

        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
        Intrahousehold Bargaining and Agricultural Technology Adoption: Experimental Evidence from Zambia [English] 45m

        Speaker: Ken Miura (Kyoto University)

      • 15:45
        The Impacts of Access to Electricity on Employment, Household Income Growth and Child Labor in Cambodia 45m

        Speaker: 武田 朝美 ( 政策研究大学院大学)

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