Jiro Yoshida (Co-investigator, Renkei Kenkyusha) presented "Firm-Specific Investments, Product Market Competition, and the Risk of Corporate Value" at AREUEA-ASSA 2015 Boston Meeting. 

Hirofumi Uchida (Co-investigator, Kenkyu Buntansha) presented "Lending Pro-Cyclicality and Macro-Prudential Policy: Evidence from Japanese LTV Ratios" at AEA-ASSA 2015 Boston Meeting. 

Working Paper No. 17 uploaded.

Working Papers No. 15,16 uploaded.

Public Forum on Macro Economy and the Real Estate Market was held on December 16 at the Hitotsubashi Hall jointly hosted by Reitaku University, Hitotsubashi University, University of Tokyo, and the Ministry of Land, Infrastructure, Transportation, and Tourism.  Program

Hitotsubashi-RIETI International Workshop on Real Estate Market and the Macro Economy was held on December 15 at the Research Institute of Economy, Trade and Industry.  Program, Papers and Slides

Tomohiro  Hirano (Co-investigator, Renkei Kenkyusha) presented "Asset Bubbles and Bailouts" at the Journal of Monetary Economic Conference.

Chihiro Shimizu (Co-investigator, Kenkyu Buntansha) discussed a presentation by Professor Robert Shiller (2013 Nobel Laureate) "Real Estate Prices̾ Availability, Importance, and New Developments" at the IMF Statistical Forum in Washington DC, USA.  Discussion slides

Tsutomu Watanabe (Co-investigator, Kenkyu Buntansha) presented "How Much Do Official Price Indexes Tell Us about Inflation?" at the Reserve Bank of Australia in Sydney, Australia. 

Working Paper No. 14 uploaded.