Hitotsubashi International Workshop on Real Estate and the Macro Economy

March 27, 2018

Hitotsubashi Hall, Hitotsubashi 2-1-2 Chiyoda-ku Tokyo, JAPAN

Organizers

Chihiro Shimizu (Nihon University and MIT) and Iichiro Uesugi (Hitotsubashi University and RIETI)

Each presentation has 60 minutes in total, including presentation and Q&As

10:00       Registration

10:20       Opening remark by Chihiro Shimizu

【Session1 Chair: Tokuo Iwaisako (Hitotsubashi University)】

10:30-11:30 Presenter 1 David Geltner (MIT) & Chihiro Shimizu(MIT)

Depreciation in Commercial Property

11:30-12:30 Presenter 2 Albert Saiz (MIT)

Architectural Beauty and Urban Amenities: City Growth and Real Estate Values

12:30-13:30  Lunch

【Session2 Chair: Kaoru Hosono (Gakushuin University)】

13:30-14:30 Presenter 3 Kentaro Nakajima (Hitotsubashi University)

Measuring the Supply Elasticity of Housing: The case of Japan

14:30-15:30 Presenter 4 Arito Ono (Chuo University)

Housing, Saving, and Portfolio Choice: Evidence from the Japanese household survey

15:30-15:50 Coffee break

15:50-16:50 Presenter 5 Iichiro Uesugi (Hitotsubashi University)

Collateral versus Bank Lending Channel: Evidence from a massive earthquake

16:50       Concluding Remark by Iichiro Uesugi

17:00-   Discussion & Dinner