第15回 Modern Monetary Economics Summer Institute (MME SI) in Kobe
(神戸大学金融研究会/RIEBセミナー/科研基盤研究(S)「包括的な金融・財政政策のリスクマネジメント:理論・実証・シミュレーション」共催)

15th Modern Monetary Economics Summer Institute (MME SI) in Kobe (Jointly supported by Monetary Economics Seminar of Kobe University, RIEB Seminar and Grant-in-Aid for Scientific Research (S))

日時
(Date&Time)
2018年12月5日(水)15:00 ~ 16:30 (Wednesday, December 5, 2018, 3:00pm-4:30pm)
会場
(Place)
神戸大学経済経営研究所 会議室(研究所新館2階)
Meeting Room at RIEB (Annex, 2nd Floor)
報告言語
(Language)
日本語 (Japanese)
対象
(Intended Audience)
基本的に会員制の研究会ですが、非会員で関心のある方の参加も歓迎します。ただし、事前に、研究会幹事の承認が必要となるため、共同研究推進室に参加希望についてご連絡ください。 連絡方法は下記備考欄をご確認ください。
The seminar is primarily for the workshop members. But non-members are also welcome to attend. If you would like to participate in the seminar, please contact us beforehand, as the seminar manager needs to be notified. To contact us, please refer to the information below.
備考
(Note)
論文のコピーは共同研究推進室にてご用意いたします。
Copies of the paper will be available at the Office of Promoting Research Collaboration.

セミナーへ参加を希望される方はお手数ですが、ご氏名・ご所属・ご連絡先(メールアドレス)を開催日の1週間前までに共同研究推進室へご連絡ください。
If you would like to attend this seminar, please email us at Office of Promoting Research Collaboration your name, affiliation, email address by a week before the workshop.

15:00 ~ 16:30 (3:00pm-4:30pm)

報告者
(Speaker)
星 岳雄(Takeo HOSHI)
所属
(Affiliation)
Shorenstein Asia-Pacific Research Center, Stanford University
論題
(Topic)
The Great Disconnect: The Decoupling of Wage and Price Inflation in Japan
概要
(Abstract)
We take some well-known observations about the structure of the Japanese labor market and add new evidence about how it has evolved to study inflation in Japan. Our key finding is that labor market dynamics shifted after 1998 so that measures of labor market tightness and wages weakened noticeably. This change was accompanied in a break between wages and prices, so wage inflation is no longer an important determinant of price inflation.