The NBER together with the Center on the Japanese Economy and Business, The Center for Advanced Research in Finance, and the Australia-Japan Research Centre held a project meeting on the Japanese economy in Tokyo on June 24 and 25, 2011. The organizers were: Jennifer Corbett, Australia-Japan Research Centre; Charles Horioka, NBER and Osaka University; Anil K Kashyap, NBER and the Graduate School of Business, University of Chicago; Kazuo Ueda, University of Tokyo; and David Weinstein, NBER and Columbia University. The following papers were discussed:
Robert Dekle, University of Southern California; Hyeok Jeong, GRIPS; and Nobuhiro Kiyotaki, Princeton University and NBER, "Dynamics of Trade and Heterogeneity in General Equilibrium"
Gauti Eggertsson, Federal Reserve Bank of New York, and Paul R. Krugman, Princeton University and NBER, "Debt, Deleveraging, and the Liquidity Trap"
Ayako Kondo, Osaka University, and Hitoshi Shigeoka, Columbia University, "Effects of Universal Health Insurance on Health Care Utilization and Health Outcomes: Evidence from Japan"
Melvin Stephens Jr., University of Michigan and NBER, and Takashi Unayama, Kobe University, "The Consumption Response to Seasonal Income: Evidence from Japanese Public Pension Benefits" (NBER Working Paper No. 16342)
Jess Diamond, University of California at San Diego, "Employment Status Persistence in the Japanese Labor Market"
Shinji Takagi, Osaka University, "The Future Role of Japan in Asia"
Takero Doi, Keio University; Takeo Hoshi, University of California at San Diego and NBER; and Tatsuyoshi Okimoto, Hitotsubashi University, "Japanese Government Debt and Sustainability of Fiscal Policy"
Takeo Hoshi and Anil Kashyap, "Why Did Japan Stop Growing?"
Hiroyuki Kasahara, University of British Columbia, and Yasuyuki Sawada and Michio Suzuki, University of Tokyo, "Investment and Borrowing Constraints: Evidence from Japanese Firms"
Kohei Kubota and Fumio Ohtake, Osaka University; Charles Y. Horioka, Osaka University and NBER; Akiko Kamesaka, Aoyama Gakuin University; and Masao Ogaki, Keio University, "Cultures, Worldviews, and Intergenerational Altruism"
Richard H. Steckel, Ohio State University and NBER; and Dongwoo Yoo, Ohio State University, "Property Rights and Financial Development: The Legacy of Japanese Colonial Institutions" (NBER Working Paper No. 16551)