Information
[2026/07/03]

The 28th Macro Conference on November 7th and 8th, 2026.
CALL FOR PAPERS
Please note that the deadline for paper submissions is Friday, September 11th 2026. (Japan time)

[2026/04/13]

New discussion paper uploaded
DP26-11 Commensurability in Hedonic Price Indices: Axiomatic Foundations and The Necessity of Log Transformations
(Naohito Abe and DS Prasada Rao)

[2026/03/30]

New discussion papers uploaded

DP26-7 Quality Adjustment, Hedonic Regressions and the Extension Problem
( W. Erwin Diewert and Chihiro Shimizu)

DP26-8   Measuring the Services of Durables and Owner Occupied Housing: A Unified Framework and Forty Years of Tokyo Evidence
(W. Erwin Diewert and Chihiro Shimizu)

DP26-9  Vintage Depreciation, User Costs, and Total Factor Productivity: Theory and Identification for Real Estate Capital
(Chihiro Shimizu)

DP26-10 The Last Broker Information Externalities, Tipping Points, and Housing Market Death
(Chihiro Shimizu)

[2026/03/27]

New discussion papers uploaded

DP26-2 Too Many Houses, Too Few People: Demographic Optimism, Housing Oversupply, and Falling House Prices across Advanced Economies
(Yongheng Deng, Tomoo Inoue, Kiyohiko Nishimura and Chihiro Shimizu)

DP26-3 Aging and the Price Level: Irreversible Capital, Demographic Transitions, and the Shifting Phillips Curve
(Yongheng Deng, Tomoo Inoue, Kiyohiko Nishimura and Chihiro Shimizu)

DP26-4 Information Disclosure and Welfare in Housing Markets
A Search-Theoretic Framework with Endogenous Participation and Broker Exit
(Chihiro Shimizu)

[2025/08/22]

New discussion paper uploaded

DP25-2 To Log or not to Log? Proportionality in Time-Dummy Hedonic Price Indexes
(Naohito Abe and DS Prasada Rao)

[2025/01/14]

New discussion paper uploaded

DP25-2 Credit Market Tightness and Zombie Firms: Theory and Evidence
(Masashige Hamano, Philip Schnattinger, Mototsugu Shintani, Iichiro Uesugi and Francesco Zanetti)

[2025/01/06]

New discussion paper uploaded

DP25-1 Refining Real Consumption: Accounting for In-Kind Transfers, Imputed Rents, and Preference Heterogeneities
(Naohito Abe and Noriko Inakura)

Seminar
At present, any seminar is not scheduled.