EMG Workshop

Urban/Real Estate and Finance Workshop 2025 & EMG Workshop Tokyo

HIAS Center for Urban and Real Estate Studies (CURES), Hitotsubashi International Research Center of Research and Training of Economic Measurement (HiCEM), and Reitaku Research Institute

Organizers

Erwin Diewert (University of British Columbia), Prasada Rao(University of Queensland), Naohito Abe and Chihiro Shimizu (Hitotsubashi U.)

Urban/Real Estate and Finance Workshop 2025

                        HIAS Center for Urban and Real Estate Studies (CURES)

                                            and Reitaku Research Institute

Day 1 – Thursday, 23 October

Research project room (#307) on the 3rd floor of the 3rd Research Building(Campus Map #36)

https://www.hit-u.ac.jp/guide/campus/campus/index.html                                                                                     

                                         Program

9:50　　　　  Opening Remarks, Chihiro Shimizu, Hitotsubashi University (CURES)

Chair: Tomoya Mori, Kyoto University and CURES

10:00-11:00 Iichiro Uesugi, Hitotsubashi University, CURES

“The real estate channel of unconventional monetary policy” 

with Tomohito Honda and Chihiro Shimizu

11:00-12:00 Tomohiro Hirano, The University of London, Royal Holloway.

“Credit, Land Speculation, and Low-Interest-Rate Policy” 

with Joseph E.Stiglitz

Lunch

Chair: Tomohiro Hirano, University of London, Royal Holloway

13:30-14:30 　Yoshiki Shimizu, Hitotsubashi University, CURES

“How Expensive is ''Too Expensive''? 

The Hidden Cost of Short Selling Around Ex-Dividend Days” 

with Mariko Miura

14:30-15:30 　Thomas Monnier, Hitotsubashi University, CURES

　　　　　　“The Informality Trade-Off: Wages and Rural-Urban Migration in South Africa”

15:30-16:00  Coffee break

16:00-17:00 　Li Peiran, Hitotsubashi University, CURES

“Typhoon Impact of Trade: Evidence from City-level Daily Data” 

with Mo Zuanbin, The University of Tokyo

17:00　　　　Closing Remarks, Chihiro Shimizu, CURES 

                                                       EMG Workshop Tokyo

            Hitotsubashi International Research Center of Research and Training of 

                Economic Measurement (HiCEM) and Reitaku Research Institute

Day 2 – Friday, 24 October

Research project room (#307) on the 3rd floor of the 3rd Research Building (Campus Map #36)

https://www.hit-u.ac.jp/guide/campus/campus/index.html

                                                                        Program

9:55　　　　  Opening Remarks, Naohito Abe, Hitotsubashi University, HiCEM

Chair: Prasada Rao, The University of Queensland

10:00-11:00 Kim Honjik, Hitotsubashi University, HiCEM

“'Amenities and Happiness: Exploring Income and Age Differences” with Chihiro Shimizu

11:00-12:00 Erwin Diewert, The University of British Columbia

“Theoretical Challenges in Price Index Construction”

Lunch

Chair: Erwin Diewert, The University of British Columbia

13:30-14:30 Prasada Rao, The University of Queensland

“Not all fishers are Equal: An Improvement alternative to GEKS Method or International Prices and Real Expenditure Comparisons”

14:30-15:30 Naohito Abe, Hitotsubashi University, HiCEM

“Variety-Consistent Utilities, Reservation Prices, and Their Expenditure Functions: Foundations for Welfare and Price Measurement under Changing Varieties”

15:30-16:00  Coffee break

16:00-17:00 Chihiro Shimizu, Hitotsubashi University, HiCEM

“Alternative Imputations for Owner Occupied Housing” 

with Erwin Diewert and Statistics Bureau of Japan

17:00　　　　Closing Remarks, Naohito Abe, HiCEM

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