2002 Japan Conference: A Summary of the Papers

• Corporate Affiliations and the (Mis)Allocation of Credit
  Joe Peek, University of Kentucky; Eric S. Rosengren, Federal Reserve Bank of Boston
  Discussant: Haoro Hosono, Nagoya City University
  
  
• Investment-Cash Flow Sensitivity and Bond Eligibility: Evidence from Japan
  Patrick McGuire, Bank of International Settlements
  Discussant: Kazuyuki Suzuki, Meiji University
  
  
• Market Share Dynamics in Japanese Manufacturing
  John Sutton, London School of Economics
  Discussant: Thomas Hubbard, NBER and University of Chicago
  
  
• Open Market Operations, Debt Management and Exchange Market Intervention: The General Case and the Japanese Case
  Speaker: Haruhiko Kuroda, Vice Minister for International Affairs, Ministry of Finance of Japan
  
  
• Is Foreign Exchange Market Intervention an Alternative to Monetary Policy? Evidence from Japan
  Rasmus Fatum, University of Alberta; Michael Hutchison, University of California, Santa Cruz
  Discussant: Linda Tesar, NBER and University of Chicago
  
  
• Is Foreign Exchange Intervention Effective? The Japanese Experiences in the 1990s
  Takatoshi Ito, NBER and University of Tokyo
  Discussant: Linda Tesar, NBER and University of Chicago
  
  
• Panel Discussion on Monetary Policy
  Remarks by: Robert Feldman, Morgan Stanley Japan Ltd.; Takatoshi Ito, NBER and University of Tokyo; Nobuyuki Nakahara, Former Member, BOJ Policy Board
  
  
• Financial Distress and Employment: The Japanese Case in the 90s
  Kazuo Ogawa, Osaka University
  Discussant: Hidehiko Ichimura, University College London
  
  
• Household Portfolios in Japan: Interaction between Equity and Real Estate Holdings over the Life Cycle
  Tokuo Iwaisako, Hitotsubashi University
  Discussant: Luigi Guiso, Università di Sassari
  
  
• Idiosyncratic Risk and Creative Destruction in Japan
  Yasushi Hamao, University of Southern California; Jianping Mei, New York University; Yexiao Xu, University of Texas
  Discussant: Jessica Watcher, NBER and New York University
  
  
• Sources of Funds and Investment Activities of Venture Capital Funds: Evidence from Germany, Israel, Japan and the United Kingdom
  Colin Mayer, University of Oxford; Koen Schoors, University of Ghent; Yishay Yafeh, Hebrew University
  Discussant: Seki Obata, Hitotsubashi University
  
  
• A Search for Multiple Equilibria in Urban Industrial Structure
  Donald R. Davis and David E. Weinstein, NBER and Columbia University
  Discussant: Takatoshi Tabuchi, University of Tokyo