International Conference on Trade,
Financial Integration and Economic Growth
Date: November 21 (SAT)--22 (SUN), 2015.
Venue: Presentation Hall, 3rd floor Frontier Building,Rokkodai Campus, Kobe University
Saturday November 21, 2015
9:50 – 10:00 Opening Remarks
Toshiki Jinushi (Kobe University)
10:00 – 11:50 Total Factor Productivity and Bubbles
Chair: Tamotsu Nakamura (Kobe University)
Production Flexibility, Misallocation and Total Factor Productivity
Burak R. Uras (Tilburg University)
Ping Wang (Washington University in St. Louis)
An Equilibrium Model with Two Types of Bubbles
Ryonfun Im (Kobe University)
Takashi Kamihigashi (Kobe University)
12:00 – 13:20

Lunch

13:30 – 15:20 Fiscal Policy and Macroeconomic Dynamics
Chair: Lex Zhao (Kobe University)
Debt Policy Rules in a Growing Open Economy with Endogenous Labor Supply
Koichi Futagami (Osaka University)
Kunihiko Konishi (Osaka University)
Home Production, Consumption Taxation and Economic Stability
Jianpo Xue (Renmin University of China)
Chong Kee Yip (The Chinese University of Hong Kong)
15:50 – 17:40
Policy and Growth
Chair: Fumio Dei (Kobe University)
On the Nonlinear Relationship between Inflation and Growth: A Theoretical Exposition
Ryo Arawatari (Nagoya University)
Takeo Hori (Tokyo Institute of Technology)
Kazuo Mino (Kyoto University, Doshisha University)
Growth and Public Debt: What Are the Relevant Tradeoffs
Kazuo Nishimura (Kobe University)
Carine Nourry (Aix-Marseille University, CNRS-GREQAM, EHESS & Institut Universitaire de France)
Thomas Seegmuller (Aix-Marseille University, CNRS-GREQAM & EHESS)
Alain Venditti (Aix-Marseille University, CNRS-GREQAM, EHESS & EDHEC)
18:00 –Conference Dinner at SAKURA

Sunday November 22, 2015
9:00 – 11:50

Trade and Financial Crisis

Chair: Noritsugu Nakanishi (Kobe University)
Gradualism, Compensation, and Safeguards
Eric Bond (Vanderbilt University)
Asset Bubbles, Economic Growth, and a Self-fulfilling Financial Crisis
Takuma Kunieda (Kwansei Gakuin University)
Akihisa Shibata (Kyoto University)
Trade, Sectorial Allocation, and Growth
Pengfei Wang (Hong Kong University of Science and Technology)
Danyang Xie (Hong Kong University of Science and Technology and Wuhan University)
12:00 – 13:20

Lunch

13:30 – 16:20

Fiscal Policy and Social Security

Chair: Tetsugen Haruyama (Kobe University)
Progressive Taxation and Income Distribution in a Growing Economy with Variable Labor Supply
Daisuke Amano (Otaru University of Commerce)
Jun-ichi Itaya (Hokkaido University)
Kazuo Mino (Kyoto University, Doshisha University)
Progressive Income Taxes As An Automatic Stabilizer in A Model with Zero Income Effects and Social
Constant Returns
Been-Lon Chen (Academia Sinica)
Yu-Shan Hsu (National Chung Cheng University)
Social Security Reform in an Aging Society
Jochen Mierau (University of Groningen)
Stephen Turnovsky (University of Washington)
16:20 – 16:30 Concluding Remarks
Ping Wang (Washington University in St. Louis)

Organizing committee
Kazuo Nishimura, Ping Wang, Yunfang Hu
Local organizing committee
Noritsugu Nakanishi, Chihiro Inaba, Keiya Minamimura
Supporting members澤村正鹿学術奨励基金
Murata Science Foundation 村田学術振興財団・学術研究会（学会）助成
Kobe University Rokkodai Foundation 神戸大学六甲台後援会
RIEB Seminar
Contact Information：yhu@econ.kobe-u.ac.jp

venue map
Presentation Hall, 3rd floor
Frontier Building

Bus StopBus No.36 “Rokko-dai”

Rokkodai Campus
Graduate School ofLaw

Library for Social Sciences

Bus Stop Bus No.36“Shindai-Seimon-Mae”

Main entrance

By busPlease take bus no.36 from JR “Rokko-michi” or Hankyu “Rokko” station, and get off at thenearby bus stop “Rokko-dai（六甲台）”. After getting off the bus, walk across the road and go upthe stairs,

you can see the Frontier Building in front of you.

By taxi
Please ask the driver to bring you to “Seimon-mae(main entrance)”, and show the Japanesename of our building （社会科学系フロンティア館） to security who can advice the driver on
how to get to our office building.