Workshop

Hitotsubashi-RIETI International Workshop on Real Estate Market and the Macro Economy

Information

  • Time and Date: 9:50-17:00, Monday, December 15, 2014
  • Venue: RIETI's seminar room #1121 (METI Annex 11th Floor)
  • Language: English
  • Hosts: Hitotsubashi University / Research Institute of Economy, Trade and Industry (RIETI)

Program

Monday, December 15

9:15 Registration

9:50 Opening Remarks

FUJITA Masahisa (RIETI)

UESUGI Iichiro (Hitotsubashi University / RIETI)

Session 1:

Chair:

MIYAKAWA Daisuke (Nihon University)

10:00-11:00 Keynote Speech: "Real Estate Price Indices & Price Dynamics: An Overview from an investments perspective"

David GELTNER (MIT)

11:15-12:15 "Sticky Rent and Housing Prices"

Presenters:

SHIMIZU Chihiro (Reitaku University / University of British Columbia)

KARATO Hiroshi (Toyama University)

Discussant:

Yongheng DENG (National University of Singapore)

12:15-13:30 Lunch

Session 2:

Chair:

IWAISAKO Tokuo (Hitotsubashi University)

13:30-14:30 "Collateral Value and Financial Constraint: Analysis using corporate data after the Tohoku Earthquake"

Presenters:

UCHIDA Hirofumi (Kobe University)

MIYAKAWA Daisuke (Nihon University)

UESUGI Iichiro (Hitotsubashi University / RIETI)

ONO Arito (Mizuho Research Institute)

HOSONO Kaoru (Gakushuin University)

Discussant:

WATANABE Wako (Keio University)

14:30-14:50 Coffee Break

Session 3:

Chair:

ODA Keiichiro (RIETI)

14:50-15:50 "Residential Property and Household Stock Holdings: Evidence from Japanese micro data"

Presenters:

ONO Arito (Mizuho Research Institute)

IWAISAKO Tokuo (Hitotsubashi University)

SAITO Amane (Mizuho Research Institute)

TOKUDA Hidenobu (Mizuho Research Institute)

Discussant:

HIRAKATA Naohisa (Bank of Japan)

16:00-17:00 "Bank Lending Channel of Real Estate Prices"

Presenters:

UESUGI Iichiro (Hitotsubashi University / RIETI)

HAZAMA Makoto (Hitotsubashi University / RIETI)

HOSONO Kaoru (Gakushuin University)

Discussant:

Peng XU (Hosei University)

17:00 Closing Remarks

UESUGI Iichiro (Hitotsubashi University / RIETI)

*Agenda is subject to change