CEPR-RIETI Workshop

Deflation and Macroeconomic Policy: Japanese and European Perspectives

Announcement

As part of our research exchange, RIETI and CEPR (Centre for Economic Policy Research) held a joint workshop in London to deepen understanding of the current economic situation and strengthen research efforts.

Information

  • Time and Date: 10:00 - 17:30, Friday, July 6, 2010
  • Venue: London Business School, Room LT2
  • Hosts: Centre for Economic Policy Research (CEPR) and Research Institute for Economy, Trade and Industry (RIETI)

Agenda

10:00 - 11:30 Session 1

10:00 - 10:15 Opening Remarks

OIKAWA Kozo (Chairman, RIETI)

Richard PORTES (Professor, President, CEPR)

10:15 - 10:35 Presentation: "A Dynamic Model of Bank Runs"

Presenter: KOBAYASHI Keiichiro (Senior Fellow, RIETI)

10:35 - 10:55 Response from Morten RAVN

Morten RAVN (Professor, University College London and CEPR)

10:55 - 11:30 General Discussion

11:30 - 11:45 Coffee

11:45 - 13:00 Session 2

11:45 - 12:05 Presentation: "Japano-Sclerosis"

Presenter: ARIGA Kenn (Professor, IER, Kyoto University)

12:05 - 12:25 Response from Torben ANDERSEN

Torben ANDERSEN (Professor, University of Aarhus and CEPR)

12:25 - 13:00 General Discussion

13:00 - 14:30 Lunch

14:30 - 15:45 Session 3

14:30 - 14:50 Presentation: "Closely Competing Firms and Price Adjustment: Some Findings from an Online Marketplace"

Presenter: WATANABE Tsutomu (Faculty Fellow, RIETI)

14:50 - 15:10 Response from John DRIFFILL

John DRIFFILL (Professor, Birkbeck College, University of London and CEPR)

15:10 - 15:45 General Discussion

15:45 - 16:00 Coffee

16:00 - 17:30 Session 4

16:00 - 17:15 Macroeconomic Overview & General Discussion

Macroeconomic Overview - KOBAYASHI Keiichiro (Senior Fellow, RIETI)

Macroeconomic Overview - Richard PORTES (Professor, President, CEPR)

General Discussion - led by Richard PORTES (Professor, President, CEPR)

17:15 - 17:30 Concluding Remarks

OIKAWA Kozo

Richard PORTES (Professor, President, CEPR)

Photos (Click to enlarge)