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 29 and 30, 2012. The organizers were: Jennifer Corbett, Australia-Japan Research Centre; Charles Horioka, NBER and Osaka University; Anil 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:
Takeo Hoshi, University of California at San Diego and NBER, and Takatoshi Ito, University of Tokyo and NBER, "Defying Gravity: How Long Will Japanese Government Bond Prices Remain High?"
Makoto Hazama and Iichiro Uesugi, Hitotsubashi University; Kaoru Hosono, Gakushuin University; Daisuke Miyakawa, Development Bank of Japan; Hirofumi Uchida, Kobe University; Arito Ono, Mizuho Research Institute; and Taisuke Uchino, Daito Bunka University, "Natural Disasters, Bank Lending, and Firm Investment"
David B. Cashin, University of Michigan, and Takashi Unayama, Kobe University, "Measuring Intertemporal Substitution: Evidence from a Consumption Tax Rate Increase in Japan"
Yasushi Hamao, University of Southern California; Kenji Kutsuna, Kobe University; and Joe Peek, Federal Reserve Bank of Boston, "Nice to be on the A-List"
Julian Franks, London Business School; Colin Mayer, University of Oxford; and Hideaki Miyajima, Waseda University, "The Ownership of Japanese Corporations in the 20th Century"
Douglas Skinner and Meng Li, University of Chicago, and Kazuo Kato, Osaka University, "Is Japan Really a "Buy"? The Corporate Governance, Cash Holdings, and Economic Performance of Japanese Companies"
Daiji Kawaguchi, Hitotsubashi University, and Soohyung Lee, University of Maryland, "Brides for Sale: Cross-Border Marriages and Female Immigration"
Ryo Kambayashi, Hitotsubashi University, and Takao Kato, Colgate University, "Trends in Long-term Employment and Job Security in Japan and the United States: the Last Twenty-Five Years"