Date: July 31st, 2018, 9:30-18:00
Venue：Conference room in the ADBI, Tokyo

 9:30-9:35

Opening ceremony

 9:35-10:05

Keynote speech: Measurement Challenges in Advanced Economies: Learning from Income and Consumption Trends in the United States

Kevin Hassett, The Chair of the CEA

• slides(PDF-Format 1.58 MB)

10:05-10:25

Q&A

10:25-10:45

Coffee break

10:45-12:00

First session: Has the business cycle changed after the global financial crisis and what does that imply for business cycle dating?

Chair: Fumihira Nishizaki, ESRI

Satoshi Urasawa, ESRI

• slides(PDF-Format 844 KB)
• paper(PDF-Format 472 KB)

Makoto Hazama, ESRI

• slides(PDF-Format 1.11 MB)
• paper(PDF-Format 751 KB)

Comment: Mark Watson, Princeton University

• slides(PDF-Format 1.04 MB)

12:00-13:30

Lunch

13:30-14:35

Second Session: Does the growth of the service sector and the digital economy create new measurement challenges?

Chair: Atsushi Seike, ESRI

Charles Bean, London School of Economics

• slides(PDF-Format 1.72 MB)

Comment：Kiyohiko Nishimura, Chairman of Statistics Commission

• slides(PDF-Format 585 KB)

14:35-14:55

Coffee break

14:55-16:00

Third Session: What can be done to measure productivity better?

Chair: Anil Kashyap, University of Chicago

Chad Syverson, University of Chicago

• slides(PDF-Format 212 KB)
• paper(PDF-Format 192 KB)

Comment: Shigeru Sugihara, Graduate Institute of Policy Studies

• slides(PDF-Format 158 KB)

16:00-16:25

Coffee break

16:25-17:55

Fourth Session: Panel Discussion

Coordinator: Alan Auerbach, University of California

Panelist: Kevin Hassett, CEA

Motoshige Itoh, Gakushuin University

Kiyohiko Nishimura, Statistics Commissionslides(PDF-Format 912 KB)

Charles Bean, London School of Economics

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Annex Seminar on Business Cycle Indicators