English

University of Tokyo, University of Southern California Conference
on Economic Dynamics
in Honor of Edward Prescott



東京大学大学院経済学研究科
The Marshall School of Business, University of Southern California共催


東京大学大学院経済学研究科棟6階大会議室

2006年11月2、3日



SPONSORS

CARF, 金融教育研究センター

CEMANO, "市場経済と非市場機構との連関研究拠点" (21世紀COEプログラム)

CIRJE, 日本経済国際共同研究センター

The Marshall School of Business, University of Southern California


コンファレンス参加申し込み
コンファレンスに参加希望の方は上記より事前の登録をお願いしています。


2006年11月2日(木)

8:00-8:30 Coffee/Breakfast

8:30-8:45
Welcome Speech

8:45-10:00
Doug Joines (USC),
"The saving rate in Japan: Why it has fallen and why it will remain low" (joint with R. Anton Braun and Daisuke Ikeda)
Javier Diaz-Gimenez (University of Madrid III)

10:00-11:15
Ed Green (Pennsylvania State Universtiy),
"Heterogeneous Producers Facing Common Shocks: An Overlapping-Generations Example"
Discussant: Tomoyuki Nakajima (Kyoto University)

11:15-11:30 Coffee Break

11:30-12:45
Julen Esteban-Pretel (University of Tokyo),
"The Informal Labor Market in Latin America" (joint with Mariano Bosch)
Discussant: Steve Parente (University of Illinois)

13:00-14:00 Lunch at Miyamoto

14:00-15:15
Vincenzo Quadrini (USC),
"Financial Innovations and Macroeconomic Volatility"
Discussant: Hisashi Nakamura (University of Tokyo)

15:15-16:30
Victor Rios-Rull (Pennsylvania University),
"Cyclical Movements in Labor's Share and Business Cycles"
Discussant: Gary Hansen (UCLA)

16:30-16:45 Coffee Break

16:45-18:00
Ed Prescott (Arizona State University and Minnapolis Fed),
"Equity Premium in a World without Uncertainty"
Discussant: Fumio Hayashi (University of Tokyo)

18:30-20:30 Reception


2006年11月3日(金)

8:30-9:00 Coffee/Breakfast

9:00-10:15
Mark Wright (UCLA),
"Establishment Size Dynamics in the Aggregate Economy" (joint with Esteban Rossi-Hansberg)
Discussant: Tom Cooley ( NYU Stern)

10:15-10:30 Coffee Break

10:30-11:45
Dirk Krueger (Goethe University),
"The Irrelevance of Market Incompleteness for the Price of Aggregate Risk"
Discussant:Victor Rios-Rull (Pennsylvania University)

11:45-13:00
Nobuhiro Kiyotaki (Princeton University),
"Housing and the Aggregate Economy" (joint with Alexander Michaelides and Kalin Nikolov),
Discassant: Dirk Krueger (Goethe University )

13:00-14:00 Lunch

14:00-15:15
Ayse Imrohoroglu (USC),
"Secular Movements in U.S. Saving and Consumption" (joint with Kaiji Chen and Selahattin Imrohoroglu)
Discussant: Ellen McGrattan (Minneapolis Fed)

15:15-15:30 Coffee Break

15:30-16:45
Richard Rogerson (Arizona State Universtiy),
"Product Market Regulation and Market Work: A Benchmark Analysis" (joint with Lei Fang)
Discussant: Yongsung Chang (Seoul National University)

19:00-21:00 Dinner