Macroeconomics Workshop 1996


Macroeconomics Workshop is usually held on Thursday, from 5pm to 6:30pm (but sometimes on Friday from 4:30pm to 6pm), at the University of Tokyo. In this academic year, Professors Masayuki Ohtaki and Shin-ichi Fukuda organize the workshop. The main body of the workshop consists of invited lectures that represent a broad spectrum of applied and theoretical macroeconomics. The audience at the workshop are usually faculty members and graduate students in the University of Tokyo. The workshop is, however, open to all economists including those who are not affiliated to the University of Tokyo.
In this academic year (from April 1996 to September 1996), we held the following workshops.



(1) Thursday, April 25
Speaker: Taro Akiyama (Yokohama National University), Title: Shumpeter Dynamics.
(2) Friday, May 10
Speaker: Gary Burtless (Brookings Institution, Senior Fellow), Title: Widening U.S. Income Inequality and the Growth in World Trade.
(3) Friday, May 17
Speaker: Karl Shell (Cornell University), Title: Price Level Volatility: A Simple Model of Money Taxes and Sunspots.
(4) Thursday, May 23
Speaker: Kurt W. Tong (University of Tokyo), Title: Household's Saving Rate in Japan.
(5) Thursday, May 30
Speaker: Tokuo Iwaisako (Harvard University), Title: Does International Diversification Really Diversify Risks?
(6) Thursday, June 6
Speaker: Toshiaki Watanabe (Tokyo Metropolitan University), Title: Permanent and Transitory Component Models of Stock Return Volatility.
(7) Thursday, June 13
Speaker: Randall Wright (University of Pennsylvania), Title: A Dynamic Equilibrium Model of Search Bargaining and Money.
(8) Thursday, June 20
Speaker: Masaru Konishi (Tokyo Keizai University), Title: Corporate Governance by Financial Intermediary and Free Cash Flow Hypothesis.
(9) Thursday, June 27
Speaker: Shigeru Wakita (Tokyo Metropolitan University), Title: A Model for Patterns of Industrial Relations.
(10) Thursday, July 4
Speaker: Masaharu Hanasaki (Japan Development Bank), Title: Investment Behavior: International Comparison.
(11) Thursday, July 11
Speaker: Satoru Kawanishi (University of Tokyo), Title: Better Response Dynamics and Multiplicity of Attractors in a Model of Imperfect Competition.
(12) Monday, September 2
Speaker: Kenneth D. West (Univeristy of Wisconsin), Title: Business Fixed Investment and the Recent Business Cycle in Japan. (joint with Nobu Kiyotaki)