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The ISER Macro/Trade Workshop is jointly organized by the Institute of Social and Economic Research (Dao, Horii, Tsuruga, Yoo, Zhu), the School of Economics (Kato), and the Osaka School of International Public Policy (Ishise) at Osaka University. The goal of the seminar series is to provide a platform for macro and trade economists to interact and engage with each other while sharing their research papers. We are a relatively small group of researchers and provide an informal atmosphere to generate constructive discussion. The seminars are held weekly.
Upcoming seminars (in chronological order):
Previous seminars (in reverse chronological order):
February 17, 2023, 16:00-17:30 (JST)
Han Yang (Institute of Economics, Academia Sinica)
Title: The Tower of Babel: Translation, Localization and International Trade
February 17, 2023, 10:00-11:30 (JST)
Shihan Xie (University of Illinois, Urbana-Champaign)
Title: Macroprudential Policy and Housing Market Expectations
February 3, 2023, 16:00-17:30 (JST)
Luca Pensieroso (Université catholique de Louvain)
Title: A Historical Analysis of Fertility by Family Type in the United States
December 9, 2022, 10:00-11:30 (JST)
Ángelo Gutiérrez-Daza (UPF and Bank of Mexico)
Title: "Business Cycles when Consumers Learn by Shopping"
November 25, 2022, 16:00-17:30
Gabriel Züllig (Swiss National Bank)
Title: "Consumer Memory, Inflation Expectations and the Interpretation of Shocks"
November 11, 2022, 17:00-18:30
Ronald Davies (University College of Dublin)
Title: "Pennies from Haven: Wages and Profit Shifting"
October 31, 2022, 10:00-11:30
Jonathan J. Adams (University of Florida)
Title: "Household Consumption and Dispersed Information"
September 16, 2022, 16:00-17:30
Alina Mulyukova (Kiel Institute for the World Economy)
Title: "Place-based policies and agglomeration economies: Firm-level evidence from Special Economic Zones in India"
September 14, 2022, 16:00-17:30
Chang Sun (HKU Business School)
Title: "The Economic Costs of Trade Sanctions: Evidence from North Korea"
August 22, 2022, 10:00-11:30
Jasmine Xiao (University of Notre Dame)
Title: "Expectations and Credit Slumps"
July 15, 2022, 16:00-17:30
Donghai Zhang (University of Bonn)
Title: "Rolled-over Credit Cycles"
July 13, 2022, 16:00-17:30
Alessandro Melone (Ohio State University)
Title: "Consumption Disconnect Redux"
July 8, 2022, 10:00-11:30
Ryohei Oishi (Bank of Japan)
Title: "Sticky Information Versus Sticky Prices Revisited: A Bayesian VAR-GMM Approach"
July 1, 2022, 16:00-17:30
Michael Sposi (Southern Methodist University)
Title: "Deindustrialization and Industry Polarization"
May 27, 2022, 10:00-11:30
Yeji Sung (Columbia University)
Title: "Optimally Imprecise Memory and Biased Forecasts"
May 13, 2022, 16:00-17:30
Jun Hee Kwak (Korea Institute of Finance)
Title: "Corporate-Sovereign Debt Nexus and Externalities"
May 9, 2022, 16:00-17:30
Zhesheng Qiu (City University of Hong Kong)
Title: "Naïve Consumers in Business Cycles"
April 22, 2022, 11:00-12:30
Wen-Tai Hsu (Academia Sinica)
Title: "Labor Participation, Income Inequality, and Welfare Gains from Trade"
April 15, 2022, 10:00-11:30
Patrick A. Testa (Tulane University)
Title: "The Southern White Diaspora and the Geography of Racism in the United States"
April 8, 2022, 10:00-11:30
Christopher Cotton (The Federal Reserve Bank of Boston)
Title: "The Many Sources of Monetary Policy Spillovers"
April 4, 2022, 16:00-17:30
Lorenzo Rotunno (Aix-Marseille University)
Title: "Globalization, Fertility and Marital Behavior in a Lowest-Low Fertility Setting"
March 18, 2022, 16:00-17:30
Alejandro Graziano (University of Nottingham)
Title: "International Trade, Industrial Concentration and Welfare"
March 11, 2022, 17:00-1800
Melanie Meng Xue (London School of Economics)
Title: "The Short- and Long-Run Effects of Affirmative Action: Evidence from Imperial China"
March 4, 2022, 16:00-17:30
Ngoc-Sang Pham (EM Normandie Business School)
Title: "Impacts of (Individual) Productivity and Credit Shocks on Equilibrium Aggregate Production"
March 3, 2022, 10:00-11:30
Jay Hyun (HEC Montréal)
Title: "Business Cycles with Cyclical Returns to Scale"
February 18, 2002, 10:00-11:30
Ryan Kim (School of Advanced International Studies, Johns Hopkins University)
Title: "Spillovers and Redistribution through Intra-Firm Networks: The Product Replacement Channel"
January 28, 2022, 17:00-18:30
Kevin Sheedy (London School of Economics)
Title: "Taking Away the Punch Bowl: Monetary Policy and Financial Instability"
January 24, 2022, 16:30-18:00
Yuan Zi (Graduate Institute, Geneva)
Title: "Trade From Space: Shipping Networks and The Global Implications of Local Shocks"
January 21, 2021, 17:00-18:30 (JST)
Klaus Prettner (University of Vienna)
Title: "Do you know your biases? A Monte Carlo analysis of dynamic panel data estimators"
December 20, 2021, 10:00-11:30 (JST)
Kuk Mo Jung (Sogang University)
Title: "Economic Impacts of Climate Uncertainty"
December 17, 2021, 10:00-11:30 (JST)
Christian Matthes (Indiana University)
Title: "High Frequency Response to Monetary Policy Shocks"
December 13, 2021, 17:00-18:30 (JST)
Federica Romei (University of Oxford)
Title: Why does Capital Flow from Equal to Unequal Countries?
December 10, 2021, 10:00-11:30 (JST)
Vito Cormun (Santa Clara University)
Title: "Exchange Rate Disconnect Redux"
December 3, 2021, 10:00-11:30 (JST)
Gillian Brunet (Wesleyan University)
Title: "When Does Government Spending Matter? Evidence from a New Measure of Defense Spending"
November 19, 2021, 10:00-11:30 (JST)
Woan Foong Wong (University of Oregon)
Title: "Entrepôt: Hubs, Scale, and Trade Costs"
November 12, 2021, 10:00-11:30 (JST)
Jiatong Zhong (University of Alberta)
Title: "Reputation of Quality in International Trade: Evidence from Consumer Product Recalls"
November 8, 2021, 16:00-17:30 (JST)
Nigel McClung (Bank of Finland)
Title: "On Robustness of Average Inflation Targeting"
November 1, 2021, 11:00-12:30 (JST)
Konstantin Kucheryavyy (University of Tokyo)
Title: "A Unified Model of International Business Cycles and Trade"
October 29, 2021, 10:00-11:30 (JST)
Carola Conces Binder (Haverford College)
Title: "Learning-Through-Survey in Inflation Expectations"
October 22, 2021, 16:00-17:30 (JST)
Anna Rogantini Picco (Sveriges Riksbank)
Title: "Who Is Afraid of Eurobonds?"
October 8, 2021, 10:00-11:30 (JST)
Zeynep Yom (Villanova University)
Title: "Optimal Bailout in Banking and Sovereign Crises"
August 26 - September 23, 2021, 10:00-12:00 (Thursdays, JST)
Sungbae An (KIEP)
Title: "Bayesian Approach and Its Application to Macro Models" (5 lectures) syllabus
September 3, 2021, 10:00-11:30 (JST)
Ina Hajdini (The Federal Reserve Bank of Cleveland)
Paper: "Misspecified Forecasts and Myopia in an Estimated New Keynesian Model"
August 20, 2021, 16:00-17:30 (JST)
Wanyu Chung (University of Birmingham)
Paper: "Authorized Economic Operators (AEO) as International Trade Facilitators"
August 16, 2021, 10:00-11:30 (JST)
Ruoyun Mao (Grinnell College)
Paper: "Uncertain Policy Regime and Government Spending Effects"
July 30, 2021, 10:00-11:30 (JST)
Xiaowen Lei (University of Guelph)
Paper: "How Do Stock Market Experiences Shape Wealth Inequality?"
July 9, 2021, 10:00-11:30 (JST)
Yoon J. Jo (Texas A&M University)
Paper: "State-dependent Government Spending Multipilers: Downward Nominal Wage Rigidity and Sources of Business Cycle Fluctuations"
June 25, 2021, 10:00-11:30 (JST)
Kanda Naknoi (University of Connecticut)
Paper: "Exchange Rates, Invoicing Currencies, and the Margins of Exports"
June 18, 2021, 16:00-17:30 (JST)
Baptiste Masseno (Toulouse Business School)
Paper: "Pain of Paying in Consumption-Saving Decisions"
June 11, 2021, 10:00-11:30 (JST)
Guangyu Pei (Chinese University of Hong Kong)
Paper: "Expectation Formation and Uncertain Information Quality: Evidence and Theory"
May 24, 2021, 10:00-11:30 (JST)
Rob Lester (Colby College)
Paper: "Working, Consuming, and Dying: Quantifying the Diversity in the American Experience"
May 21, 2021, 16:00-17:30 (JST)
Pei Kuang (University of Birmingham)
Paper: "Output Gap Estimation, Zero Lower Bound, and Monetary Policy with Imperfect Knowledge"
May 14, 2021, 10:30-12:00 (JST)
Tamon Asonuma (IMF)
Paper: "Fiscal Austerity and Sovereign Debt Relief"
May 7, 2021, 10:00-11:30 (JST)
Noritaka Kudoh (Nagoya University)
Paper: "Robots and Unemployment: Capital-Augmenting Technological Progress in a Search-Matching Model"
April 23, 2021, 16:00-17:30 (JST)
Jordan Norris (NYU Abu Dhabi)
Paper: "Ride-Sharing and the Geography of Consumption Industries"
April 16, 2021, 16:00-17:30 (JST)
Christian Pröbsting (Ecole Polytechnique de Lausanne)
Paper: "Quantifying the Benefits of Labor Mobility in a Currency Union"
April 9, 2021, 10:00-11:30 (JST)
Sewon Hur (The Federal Reserve Bank of Dallas)
Paper: "The Distributional Effects of COVID-19 and Optimal Mitigation Policies"
March 30, 2021, 15:00-16:30 (JST)
Yuta Takahashi (Hitotsubashi University)
Paper: "Tech-Driven Secular Low Growth: Cross-Country Evidence and Implication for Japan"
March 8, 2021, 10:00-11:30 (JST)
Chengcheng Jia (The Federal Reserve Bank of Cleveland)
Paper: "The Informational Effect of Monetary Policy and the Case for Policy Commitment"
March 5, 2021, 16:00-17:30 (JST)
Naoki Takayama (Hitotsubashi University)
Paper: "Rational Expectations Models with Higher Order Beliefs"
February 12, 2021, 17:00-18:30 (JST)
Carmen Camacho (Paris School of Economics)
Paper: "Soil Pollution Diffusion in a Spatial Agricultural Economy"
February 5, 2021, 10:00-11:30 (JST)
Sung Je Byun (The Federal Reserve Bank of Dallas)
Paper: "China Shock, Local Credit Supply, and the Amplified Impact on the U.S. Labor Market"
January 29, 2021, 10:00-11:30 (JST)
Daisuke Adachi (Yale University)
Paper: "Robots and Wage Polarization: The Effects of Robot Capital across Occupations"
January 8, 2021, 10:00-11:30 (JST)
Naijia Guo (Chinese University of Hong Kong)
Paper: "Migration Costs, Selection, and Agricultural Productivity Gap"
December 18, 2020, 10:00-11:30 (JST)
Tomoaki Kotera (Tohoku University)
Paper: "Sustainability of Social Security in the Aging Economy: A Household Perspective"
December 9, 2020, 16:00-17:30 (JST)
Serena Rhee (Chung-Ang University)
Paper: "Understanding the Aggregate Effects of Disability Insurance"
November 27, 2020, 10:00-11:30 (JST)
Yifan Zhang (Chinese University of Hong Kong)
Paper: "Migrants and Firms: Evidence from China"
November 20, 2020, 10:00-11:30 (JST)
Yunjong Eo (Korea University)
Paper: "Optimal Interest-rate Rules at the Zero Lower Bound: What Should a Central Bank Target?"
November 18, 2020, 16:00-17:30 (JST)
Chiara Lacava (Goethe University Frankfurt)
Paper: "Why Are Some Regions so Much More Productive than Others?"
November 13, 2020, 10:00-11:30 (JST)
Eunseong Ma (Louisiana State University)
Paper: "Are Real Wages Procyclical Conditional on a Monetary Policy Shock?"
November 6, 2020, 10:00-11:30 (JST)
Charles Ka Yui Leung (City University of Hong Kong)
Paper: "Do Elite Colleges Matter? The Impact of Entrepreneurship Decisions and Career Dynamics"
October 30, 2020, 10:00-11:30 (JST)
Yuta Takahashi (Hitotsubashi University)
Paper: "Downward Nominal Wage Rigidity: Theory and Evidence from Japanese Cotton Industry during WWI"
September 25, 2020, 17:00-18:00 (JST)
Francesco Pappadà (Banque de France/Paris School of Economics)
Paper: "Firm Turnover in the Export Market and the Case for Fixed Exchange Rate Regime"
September 24, 2020, 17:00-18:00 (JST)
Nadav Ben Zeev (Ben-Gurion University)
Paper: "Comparing the Great Recession to the Great Depression Through the Lens of Credit Supply Shocks"
September 17, 2020, 17:00-18:00 (JST)
Yang Shen (Hanyang University)
Paper: "Asymmetric Corporate Tax Competition with Multinational Production"
September 10, 2020, 17:00-18:00 (JST)
SeHyoun Ahn (Norges Bank)
Paper: "Monetary Policy under Demographic Transitions"
September 7, 2020, 16:30-18:00 (JST)
Linus Mattauch (Oxford University)
Paper: "Optimal Fuel Taxation with Suboptimal Health Choices"
August 31, 2020, 11:00-12:30 (JST)
Hyunjoo Yang (Sogang University)
Paper: "The effect of war on local collective action: Evidence from the Korean War"
August 28th, 2020, 17:00-18:30 (JST)
Hyungseok Joo (University of Surrey)
Paper: "Sovereign Debt Overhang, Expenditure Composition and Debt Restructurings"
August 27th, 2020, 17:00-18:30 (JST)
Joonseok Oh (Freie Universität Berlin)
Paper: "Revisiting the New Keynesian Policy Paradoxes Under QE"
August 25th, 2020, 17:00-18:30 (JST)
Rigas Oikonomou (Université catholique de Louvain)
Paper: "Endogenous Forward Guidance"
August 20th, 2020, 17:00-18:30 (JST)
Seungjun Baek (Sejong University)
Paper: "The Redistributive Effects of Monetary Policy in an Overlapping Generation Model"
August 6th, 2020, 17:00-18:30 (JST)
Gene Ambrocio (Bank of Finland)
Paper: "Inflationary Household Uncertainty Shocks"
July 30th, 2020, 17:00-18:30 (JST)
Yuta Watabe (Pennsylvania State University)
Paper: "Triangulating Multinationals and Trade"
July 22nd, 2020, 12:00-13:30 (JST)
Thuy Lan Nguyen (Santa Clara University)
Paper: "International Linkages and the Changing Nature of International Business Cycles"
July 15th, 2020, 10:00-11:30 (JST)
Jean-Paul L'Huillier (Brandeis University)
Paper: "Raising the Inflation Target: How Much Extra Room Does It really Give?"
July 9th, 2020, 17:00-18:30 (JST)
Zeno Enders (University of Heidelberg)
Paper: "Firm Expectations and Economic Activity"
Previous seminars/lectures (in reverse chronological order): The workshop has been organized since July 2020.
Logistics: We usually meet on Fridays from 10:00-11:30 or 16:00-17:30 (JST). We are using Zoom (sometimes Webex) and a link will be distributed a week prior to the seminar. The seminar expects to last for 90 minutes. If you are interested in presenting your work or would like to receive a seminar notification, please contact the seminar organizer at donghoonyoo@gmail.com.