Program Overview

Macro Economy Research Conference
20 October 2017
Urbannet Otemachi Building, Tokyo

Program

Opening Remarks

Koji Nagai, Nomura Foundation

Morning Session

Moderator: C-H Kwan, Nomura Institute of Capital Markets Research

The Long-term Impact of Aging on the Federal Budget
Louise Sheiner, Brookings Institution

Presentation (PDF: 940 KB)

Paper (PDF: 490 KB)

Comments
Masahiro Kawai, University of Tokyo

Presentation (PDF: 1.8 MB)

Demographic Developments in Germany—avoiding a false sense of security in times of vigorous growth
Torsten Schmidt, RWI

Presentation (PDF: 809 KB)

Paper (PDF: 1.2 KB)

Comments
Paola Subacchi, Chatham House

Presentation (PDF: 548 KB)

Luncheon Talk

Fiscal-Monetary Policy Coordination: A U.S. Perspective
Barry Bosworth, Brookings Institution

Presentation (PDF: 295 KB)

Afternoon Session

Population aging and public finances in Japan
Takashi Miwa, Nomura Securities

Presentation (PDF: 211 KB)

Paper (PDF: 484 KB)

Commentst
Hiroshi Yoshikawa, Rissho University

Moderator: Tomo Kinoshita, Nomura Securities

UK: demographic change, inter-generational inequality and fiscal sustainability
Paola Subacchi, Chatham House

Presentation (PDF: 1.0 MB)

Paper (PDF: 542 KB)

Comments
Torsten Schmidt,RWI

Presentation (PDF: 447 KB)

Demographic Changes and Social Security Sustainability in China
Gong Sen, China Center for International Knowledge on Development

Presentation (PDF: 389 KB)

Paper (PDF: 510 KB)

Comments
C-H Kwan, Nomura Institute of Capital Markets Research

Presentation (PDF: 589 KB)

Closing Remarks

Tetsu Ozaki, Nomura Holdings