CIRJE特別セミナー/CIRJE Special Seminar 2008

※ 2012年2月17日現在　近い予定から順に掲載しています。

＜2008年度終了分＞

日時
2008年5月16日（金 Friday）12:00-13:00

場所
東京大学大学院経済学研究科棟 10階第4共同研究室
at the Conference Room No.4 on the 10th floor of the Economics Research Building

報告
Elena Martinez-Sanchis (Department of Economics, University of Alicante/ Short Term Vistor, CIRJE)
Identification and Estimation of GMM Models by Combining Two Data Sets (joint with Hidehiko Ichimura）

日時
2008年6月19日（木 Thrsday）12:00-13:00

場所
東京大学大学院経済学研究科棟 12階第1共同研究室
at the Conference Room No.1 on the 12th floor of the Economics Research Building

報告
Christopher Taber (Department of Economics and Institute for Policy Research Northwestern University/ Short Term Vistor, CIRJE)
Displacement, Asymmetric Information and Heterogeneous Human Capital (joint with Luojia Hu） [PDF]

要旨
In a seminal paper Gibbons and Katz (1991; GK) develop and empirically test an asymmetric information model of the labor market. The model predicts that wage losses following displacement should be larger for layoffs than for plant closings, which was borne out by data from the Displaced Workers Survey (DWS). In this paper, we take advantage of many more years of DWS data to examine how the difference in wage losses across plant closing and layoff varies with race and gender. We .nd that the differences between white males and the other groups are striking and complex. The "lemons" effect of layoff holds for white males as in the GK model, but not for the other three demographic groups (white females, black females, and black males). These three all experience a greater decline in earnings at plant closings than at layoffs. This results from two reinforcing effects. First, plant closings have substantially more negative effects on minorities than on whites. Second, layoffs seem to have more negative consequences for white men than the other groups. These findings suggest that the GK asymmetric information model is not sufficient to explain all of the data. We augment the model with heterogeneous human capital and show that this model can explain the findings. We also provide some additional evidence suggestive that both asymmetric information and heterogeneous human capital are important. In support of both explanations, we demonstrate that the racial and gender effects are surprisingly robust to region, industry and occupation controls. To look at the asymmetric information, we make use of the Civil Rights Act of 1991 which induced employers to lay off "protected" workers in mass layoffs rather than fire them for cause. As a result, relative to whites, a layoff would be a more negative signal for blacks after 1991 than before. If information is important, this would in turn imply that blacks experience a relatively larger loss in earnings at layoffs after 1991 than prior; and that's what we .nd in the data. In addition, as further evidence for heterogeneous human capital, we document for the first time in the literature that the two types of layoffs reported in the DWS data, namely layoffs due to "slack work" and "position abolished" have very different features when compared to plant closings. Finally, we simulate our model and show that it can match the data.

日時
2008年10月28日（火 Tuesday）12:00-13:10

場所
東京大学大学院経済学研究科棟 12階第1共同研究室
at the Conference Room No.1 on the 12th floor of the Economics Research Building

報告
John Riew (Pennsylvania State University, USA/Short Term Vistor, CIRJE)
Japan's Competitive Advantages in the Global Market [PDF]

要旨
The paper analyzes Japan's competitive advantages in trade, comparing the nation with other industrialized countries. Paucity in resources, often mentioned in reference to Japan, we note, is overstated. Favorable climate and certain other aspects of the geography, for example, are unacclaimed but important bounties of nature. Relevant also in the context are such other factors as population, culture, and events in history, as are the role of the government (investment in physical and human capital, trade promotions policy). These factors together could more than compensate for the dearth of narrowly defined natural resources, land and minerals. The main underlying forces behind Japan's spectacular rise as a major economic power and a dominant player in today's global market find their original impetus in the early Meiji era, well into the second half of the19th century. This study, which ends with commentary, would provide other countries with a referential model with trade history and development strategy.

日時
2008年10月28日（火 Tuesday）14:50-16:40

場所
東京大学大学院経済学研究科棟 12階第1共同研究室
at the Conference Room No.1 on the 12th floor of the Economics Research Building

報告
John Riew (Pennsylvania State University, USA/Short Term Vistor, CIRJE)
アメリカのPh. Dプログラム留学に関する特別講義

概要
phD留学予定・希望の大学院生に向けて、アメリカ留学についてお話し頂く特別講義です。

日時
2008年11月2日（火 Tuesday）13:10-14:50

場所東京大学大学院経済学研究科 学術交流棟（小島ホール）１階セミナー室
in Seminar Room on the 1st floor of the Economics Research Annex (Kojima Hall) [Map]

報告
John Riew (Pennsylvania State University, USA/Short Term Vistor, CIRJE)
アメリカのPh. Dプログラム留学への留学・研究活動に関する特別講義
※　大学院生・学生向けのセミナーです。
概要
phD留学予定・希望の大学院生に向けて、アメリカ留学についてお話し頂く特別講義です。

日時	2008年5月16日（金 Friday）12:00-13:00
場所	東京大学大学院経済学研究科棟 10階第4共同研究室 at the Conference Room No.4 on the 10th floor of the Economics Research Building
報告	Elena Martinez-Sanchis (Department of Economics, University of Alicante/ Short Term Vistor, CIRJE) Identification and Estimation of GMM Models by Combining Two Data Sets (joint with Hidehiko Ichimura）

日時	2008年6月19日（木 Thrsday）12:00-13:00
場所	東京大学大学院経済学研究科棟 12階第1共同研究室 at the Conference Room No.1 on the 12th floor of the Economics Research Building
報告	Christopher Taber (Department of Economics and Institute for Policy Research Northwestern University/ Short Term Vistor, CIRJE) Displacement, Asymmetric Information and Heterogeneous Human Capital (joint with Luojia Hu） [PDF]
要旨	In a seminal paper Gibbons and Katz (1991; GK) develop and empirically test an asymmetric information model of the labor market. The model predicts that wage losses following displacement should be larger for layoffs than for plant closings, which was borne out by data from the Displaced Workers Survey (DWS). In this paper, we take advantage of many more years of DWS data to examine how the difference in wage losses across plant closing and layoff varies with race and gender. We .nd that the differences between white males and the other groups are striking and complex. The "lemons" effect of layoff holds for white males as in the GK model, but not for the other three demographic groups (white females, black females, and black males). These three all experience a greater decline in earnings at plant closings than at layoffs. This results from two reinforcing effects. First, plant closings have substantially more negative effects on minorities than on whites. Second, layoffs seem to have more negative consequences for white men than the other groups. These findings suggest that the GK asymmetric information model is not sufficient to explain all of the data. We augment the model with heterogeneous human capital and show that this model can explain the findings. We also provide some additional evidence suggestive that both asymmetric information and heterogeneous human capital are important. In support of both explanations, we demonstrate that the racial and gender effects are surprisingly robust to region, industry and occupation controls. To look at the asymmetric information, we make use of the Civil Rights Act of 1991 which induced employers to lay off "protected" workers in mass layoffs rather than fire them for cause. As a result, relative to whites, a layoff would be a more negative signal for blacks after 1991 than before. If information is important, this would in turn imply that blacks experience a relatively larger loss in earnings at layoffs after 1991 than prior; and that's what we .nd in the data. In addition, as further evidence for heterogeneous human capital, we document for the first time in the literature that the two types of layoffs reported in the DWS data, namely layoffs due to "slack work" and "position abolished" have very different features when compared to plant closings. Finally, we simulate our model and show that it can match the data.

日時	2008年10月28日（火 Tuesday）12:00-13:10
場所	東京大学大学院経済学研究科棟 12階第1共同研究室 at the Conference Room No.1 on the 12th floor of the Economics Research Building
報告	John Riew (Pennsylvania State University, USA/Short Term Vistor, CIRJE) Japan's Competitive Advantages in the Global Market [PDF]
要旨	The paper analyzes Japan's competitive advantages in trade, comparing the nation with other industrialized countries. Paucity in resources, often mentioned in reference to Japan, we note, is overstated. Favorable climate and certain other aspects of the geography, for example, are unacclaimed but important bounties of nature. Relevant also in the context are such other factors as population, culture, and events in history, as are the role of the government (investment in physical and human capital, trade promotions policy). These factors together could more than compensate for the dearth of narrowly defined natural resources, land and minerals. The main underlying forces behind Japan's spectacular rise as a major economic power and a dominant player in today's global market find their original impetus in the early Meiji era, well into the second half of the19th century. This study, which ends with commentary, would provide other countries with a referential model with trade history and development strategy.

日時	2008年10月28日（火 Tuesday）14:50-16:40
場所	東京大学大学院経済学研究科棟 12階第1共同研究室 at the Conference Room No.1 on the 12th floor of the Economics Research Building
報告	John Riew (Pennsylvania State University, USA/Short Term Vistor, CIRJE) アメリカのPh. Dプログラム留学に関する特別講義
概要	phD留学予定・希望の大学院生に向けて、アメリカ留学についてお話し頂く特別講義です。

日時	2008年11月2日（火 Tuesday）13:10-14:50
場所	東京大学大学院経済学研究科学術交流棟（小島ホール）１階セミナー室 in Seminar Room on the 1st floor of the Economics Research Annex (Kojima Hall) [Map]
報告	John Riew (Pennsylvania State University, USA/Short Term Vistor, CIRJE) アメリカのPh. Dプログラム留学への留学・研究活動に関する特別講義 ※　大学院生・学生向けのセミナーです。
概要	phD留学予定・希望の大学院生に向けて、アメリカ留学についてお話し頂く特別講義です。