EMG & Urban/Real Estate Workshop Tokyo

23 October 2025

Hitotsubashi International Research Centre of Research and Training of Economic Measurement (Hi-CEM), HIAS Center for Urban and Real Estate Studies(CURES), Hitotsubashi University
and
Vancouver School of Economics, University of British Columbia (UBC)
Reitaku Research Institute, Reitaku University

Venue

2-1 Naka Kunitachi, Tokyo, Hitotsubashi University.

Research project room (#307) on the 3rd floor of the 3rd Research Building(Campus Map #36)

https://www.hit-u.ac.jp/guide/campus/campus/index.html

Organizers

Erwin Diewert(University of British Columbia), Prasada Rao(University of Queensland),

Naohito Abe and Chihiro Shimizu (Hitotsubashi U.)

Program

9:50	Opening Remarks, Chihiro Shimizu, Hitotsubashi University,CURES
	Chair: Tomoya Mori, Kyoto University and CURES
10:00-11:00	Iichiro Uesugi, Hitotsubashi University. CURES “The real estate channel of unconventional monetary policy” with Tomohito Honda and Chihiro Shimizu
11:00-12:00	Tomohiro Hirano, University of London, Royal Holloway. “Credit, Land Speculation, and Low-Interest-Policy” with Joseph E.Stiglitz
Lunch
	Chair: Tomohiro Hirano, University of London, Royal Holloway.
13:30-14:30	Yoshiki Shimizu, Hitotsubashi University. CURES “How Expensive is “Too Expensive”? The Hidden Cost of Short Selling Around Ex-Dividend Days” with Mariko Miura
14:30-15:30	Thomas Monnier, Hitotsubashi University, CURES “The Informality Trade-Off: Wages and Rural-Urban Migration in South Africa”
15:30-16:00	Coffee break
16:00-17:00	Li Peiran, Hitotsubashi University. CURES “Typhoon Impact on Trade: Evidence from City-level Daily Data” with Mo Zuanbin, The University of Tokyo
17:00	Closing Remarks. Chihiro Shimizu. CURES