Prof. Isamu GINAMA attended Singapore Economic Review Conference 2015.


3

Date: August 5 – 7, 2015
Venue: Mandarin Orchard Singapore, Singapore

Prof. Isamu GINAMA of the SSRC attended Singapore Economic Review Conference 2015, which was held at Mandarin Orchard Singapore, Singapore, from August 5 to 7.

He presented his research results entitled “Empirical Examinations of the Feldstein-Horioka puzzle: Common Factor Panel and Interval Estimation Approach” on the first day.

The following are the details.

[Presentation title]
Empirical Examinations of the Feldstein-Horioka puzzle: Common Factor Panel and Interval Estimation Approach
(Isamu GINAMA, Kazuhiko HAYAKAWA and Takahiro KANMEI)

[Abstract]
The Feldstein-Horioka puzzle is empirically examined using the national data of the twenty four OECD countries, and the regional data of Japan, Indonesia, and the Philippines. The common factor panel methods are applied to the OECD countries, Japan, and Indonesia. A different method to remove the influences affecting both savings and investment rates simultaneously except intranational capital flows by regression analysis is used for the Philippines due to the limited availability of the regional data. The statistically significant evidence for the existence of the puzzle is represented for OECD countries, but evidence in accord with mobile intranational capital flows is obtained
for the regional data of Japan, and Indonesia. The bootstrap BCa confidence intervals of the correlation coefficient between savings and investment rates reveal the similar results for the regional data of the Philippines.

Day 1
August 5(Wed.)

08:00-08:45
Registration
08:45-10:15
Welcome and Keynote
10:15-10:45
Tea Reception
10:45-12:30
Plenary Session I
12:30-13:30
Lunch
13:30-14:50
Parallel Session I

Chair: Peter Wilson, Singapore Management University [Room: 835]

  1. Empirical Examinations of the Feldstein-Horioka puzzle: Common Factor Panel and Interval
    Estimation Approach.

    Isamu GINAMA, Kazuhiko HAYAKAWA(Hiroshima University) and Takahiro KANMEI(Hiroshima University of Economics)
14:50-16:30
Plenary Session II Special Topics on Conemporary Issues
16:30-17:00
Tea Reception
17:00-18:00
Parallel Session II
19:00-22:00
Conference Dinner
Day 2
August 6(Thu.)

08:00-08:45
Registration
08:45-10:15
Plenary Session Sim Kee Boon Institute for Financial Economics(SKBI)
10:15-10:45
Tea Reception
10:45-12:05
Parallel Session III
12:05-13:30
Lunch
13:30-14:50
Parallel Session IV
14:50-16:20
Plenary Session Next Age Institute(NAI)
16:20-16:50
Tea Reception
16:50-18:30
Parallel Session V
Day 3
August 7(Fri.)

08:00-08:45
Registration
09:05-10:45
Tea Reception with Journal Editors
10:45-12:05
Parallel Session VI
12:05-13:30
Lunch
13:30-14:50
Parallel Sesstion VII
14:50-16:30
Plenary Session IV & V In Memorial of Ronald McKinnon and E. J. Mishan
16:30-18:10
Parallel Session VIII