Day 1, Saturday, 7 November 2026
Session Format: Paper presentation (20 minutes), discussant’s comments (20 minutes), and general discussion (30 minutes)
12:15
Registration (Please gather after having your lunch.)
12:55-
Opening Address by Iichiro Uesugi (Hitotsubashi University)
Session 1 | Chair: Ryo Jinnai (Hitotsubashi University)
13:00-14:10
Keiichiro Kobayashi (Keio University, CIGS, RIETI)
Title: Financial Crisis Cycles
Coauthored with Tomoyuki Nakajima (University of Tokyo, CIGS)
[Paper]
Discussant: Hajime Tomura (Waseda University)
14:10-15:20
Masayuki Okada (Hitotsubashi University)
Title: Decomposing Loan Rate Dispersion in the Interbank Market
[Paper]
Discussant: Mitsuru Katagiri (Waseda University)
15:20-15:40
Coffee Break
Session 2 | Chair: Yasuo Hirose (Keio University)
15:40-16:50
Takuya Iinuma (Yokohama City University and Sumitomo Mitsui Trust Asset Management Co., Ltd.)
Title: Bank of Japan Communication and Financial Markets: Evidence from a New Event Study Database
Coauthored with Yoshiyuki Nakazono (Yokohama City University) and Jun Takahashi (Yokohama City University)
Discussant: Mototsugu Shintani (University of Tokyo)
16:50-18:00
Ryohei Koganemaru (University of Tokyo)
Title: Digitalization, Entrepreneurship, and Wealth Inequality
Coauthored with Ichiro Muto (Bank of Japan), Fumitaka Nakamura (Bank of Japan), and Makoto Nirei (University of Tokyo)
Discussant: Dongya Koh (Kyoto University)
(Presentation in English)
18:15-
Day 2, Sunday, 8 November 2026
9:00
Registration
Session 3 | Chair: Kosuke Aoki (University of Tokyo)
9:30-10:40
Hirokuni Iiboshi (Nihon University)
Title: Estimating QE Effects under Dual ZLBs in Japan
Coauthored with Yasuo Hirose (Keio University), Mototsugu Shintani (University of Tokyo), and Kozo Ueda (Waseda University)
Discussant: Daisuke Ikeda (Bank of Japan)
10:40-11:50
Takushi Kurozumi (Bank of Japan)
Title: Fixing the Phillips Curve: Implications of Firms' Monopsonistic Wage-setting for Inflation Dynamics
Coauthored with Willem Van Zandweghe (Federal Reserve Bank of Cleveland)
[Paper]
Discussant: Kazuhiro Teramoto (Hitotsubashi University)
11:50-13:20
Lunch and Discussion
Session 4 | Chair: Takayuki Tsuruga (Nagoya University)
13:20-14:30
Fumitaka Nakamura (Bank of Japan)
Title: Beyond the Floodplain: Uncovering the Spatial Spillovers of Land Price Declines after Typhoon Hagibis
Coauthored with Toshitaka Maruyama (Bank of Japan), Hiroaki Shirai (University of Tokyo), and Nao Sudo (Bank of Japan)
[Paper]
Discussant: Takeru Sugasawa (Housing Research and Advancement Foundation of Japan)
14:30–15:40
Yuta Takahashi (University of Osaka)
Title: The Race between Political Power and Economic Growth: A Political Theory of Capital Taxation
Coauthored with Ryo Arawatari (Doshisha University) and Naoki Takayama (Hitotsubashi University)
Discussant: Hiroaki Miyamoto (Hitotsubashi University)
15:40-
Closing Remarks by Takayuki Tsuruga (Nagoya University)
The program is subject to change.
The schedule, break times, and dinner times are subject to change.