Understanding Japan's Role in the Global Economy

The Center on Japanese Economy and Business (CJEB) is the preeminent US academic center focused on promoting knowledge of Japanese business systems in domestic, East Asia, and international contexts.

Columbia Business School

Highlights

Videos Available Now

What Japan Should Do Now in Preparation for Japan’s New Normal

COVID-19: Economic Implications for Japan & the United States

The Role of Central Banks in the COVID-19 Pandemic: The U.S., Japan, and Beyond

Upcoming Events

Live Webinar ESG Investing in the COVID-19 Era**
Wednesday, July 15, 2020 | 8:00 – 9:00 AM (EDT) / Wednesday, July 15, 2020 | 9:00 - 10:00 PM (JST)
Featuring:
Kathy Matsui, Vice Chair; Chief Japan Strategist; Co-head of Macro Research Asia, Goldman Sachs Japan Co., Ltd.
Ronald P. O’Hanley, Chairman & CEO, State Street
**This webinar will be conducted in English and is part of "The Japanese Economy in the COVID-19 Era" series.
The speakers are listed alphabetically.

Live Webinar Economic Recovery from the Pandemic and Transformation toward a Better New Normal in Japan and the United States ***
Monday, July 20, 2020 | 8:00 – 9:00 AM (EDT)
Monday, July 20, 2020 | 9:00 - 10:00 PM (JST)
Featuring:
Yasutoshi Nishimura, Minister for Economic and Fiscal Policy; Minister for Novel Coronavirus Disease Control; Minister for the Trans-Pacific Partnership, Government of Japan
Glenn Hubbard, Dean Emeritus; Russell L. Carson Professor of Finance and Economics, Columbia Business School
***This webinar will be conducted in English and is part of "The Japanese Economy in the COVID-19 Era" series.

Live Webinar Strategies for Unlocking Value in Japan: Attack or Engage?
Tuesday, July 28, 2020 | 6:00 – 7:00 PM (EDT)
Featuring: David Baran, Co-CEO and Co-Founder, Symphony Financial Partners

August 2020

(Save the Date) Live Webinar Central Banking in the COVID-19 Era***
Wednesday, August 5, 2020 | 8:00 – 9:00 AM (EDT) / Wednesday, August 5, 2020 | 9:00 - 10:00 PM (JST)
Featuring:
Haruhiko Kuroda, Governor, Bank of Japan
Janet L. Yellen, Distinguished Fellow in Residence with the Economic Studies Program, The Brookings Institution; Former Chair, The Federal Reserve Board
Moderated by: Takatoshi Ito, Professor, School of International and Public Affairs (SIPA), Columbia University; Director, Program on Public Pension and Sovereign Funds, CJEB
***This webinar will be conducted in English and is part of "The Japanese Economy in the COVID-19 Era" series.

October 2020

(Save the Date) A Wave of Shareholder Activism Hits Japan's Shores
Tuesday, October 6, 2020 | 12:30 - 1:45 PM
TBC, Columbia Business School
Featuring: Josh Black, Editor-in-Chief, Activist Insight; TBC

(Save the Date) The 2020 Annual Lecture on the Japanese Economy
Thursday, October 8, 2020 | 6:00 – 7:30 PM
Room 1501, International Affairs Building, Columbia University
Featuring: Takatoshi Ito, Director, Program on Public Pension and Sovereign Funds, CJEB; Professor, School of International and Public Affairs, Columbia University

November 2020

(Save the Date) The 2020 Annual Conference on Public Pension and Sovereign Funds
Tuesday, November 17, 2020 | Afternoon
The Italian Academy, Columbia University

(Save the Date) The Fifth Annual Conference of the Japan Economy Network
November 20 and 21, 2020
Room 1501, International Affairs Building, Columbia University

Announcements

Professor Takatoshi Ito’s Ideas and Daily Posts on “COVID-19: New York vs. Tokyo”

Professor Takatoshi Ito, director of CJEB’s Program on Public Pension and Sovereign Funds, and Professor at the School of International and Public Affairs at Columbia University, is compiling information and making regular updates online about the responses to COVID-19 based on media reporting in both New York and in Tokyo. The statistics and ideas are available in both English and Japanese. Please note that some daily posts are bilingual, and some are only in Japanese. They can be found here.

While not a medical authority, Professor Ito is making his own observations from the perspective of a Japanese professor currently teaching at Columbia University’s School of International and Public Affairs in New York. His writing is based on publicly available data, his own personal experiences, and his knowledge of New York and Tokyo.

CJEB is an independent and nonpartisan research center that takes an objective stance on political or economic policies, and we encourage our researchers and scholars to hold their own individual perspectives. Professor Ito’s posts reflect his own views and do not necessarily reflect the opinions of CJEB, Columbia Business School, or Columbia University.

About CJEB

CJEB News

News

July 1, 2020

Professor Takatoshi Ito, Director of CJEB’s Program on Public Pension and Sovereign Funds, spoke on NPR’s Planet Money podcast episode titled, “Inflation, Deflation”

Takatoshi Ito, director of CJEB’s Program on Public Pension and Sovereign Funds, professor at the School of International and Public Affairs, Columbia University, spoke on NPR’s Planet Money podcast in an episode titled, “Inflation, Deflation.” He can be heard midway through the podcast, starting at 11:32, when he joins to speak about deflation in Japan’s economy.

Inflation, Deflation (Planet Money, NPR, 07/01/20)

June 3, 2020

Research by CJEB's Director, Professor David Weinstein, was highlighted in a Wall Street Journal newsletter, a MarketWatch article, and a Forbes article.

May 28, 2020

Research by CJEB's Director, Professor David Weinstein, was discussed in the Bloomberg article, “Trade War Cut $1.7 Trillion From U.S. Market Caps: Study”

A paper co-authored by Professor David Weinstein, CJEB’s director, was discussed in the Bloomberg article, Trade War Cut $1.7 Trillion From U.S. Market Caps: Study.

May 11, 2020

CJEB’s Director, Professor David Weinstein, coauthored a paper titled, “The Effect of the U.S.-China Trade War on U.S. Investment.”

CJEB’s Director, Professor David Weinstein, coauthored a paper titled, “The Effect of the U.S.-China Trade War on U.S. Investment.” The paper, which is published in CJEB’s Working Paper series, estimates the effect of U.S.-China tariff announcements on aggregate returns and the differential returns of firms exposed to China in order to identify their effect on treated and untreated firms.

The paper can be found here.

May 10, 2020

Spencer Cohen, CC ’19, CJEB’s accepted nominee for the Mitsubishi UFJ Trust Scholarship, wrote an article for Newsweek Japan about his experience of the COVID-19 pandemic while studying in Japan.

Spencer Cohen, CC ’19, who was awarded the Mitsubishi UFJ Trust Scholarship by CJEB’s nomination, wrote an article about his experience of the COVID-19 pandemic while studying in Japan and his decision to remain there to continue his studies.

緊急事態宣言、東大留学生たちの決断「それでも僕は東京に残る」(Newsweek Japan, 4/8/2020)

April 15, 2020

CJEB core faculty member, Professor Gerald L. Curtis, Burgess Professor Emeritus of Political Science at Columbia University, commented on the Abe administration’s response to COVID-19 on ANN News

One of CJEB’s core faculty members, Professor Gerald L. Curtis, Burgess Professor Emeritus of Political Science at Columbia University, commented on the Abe administration’s response to COVID-19 on ANN News.

安倍政権の感染防止策が中途半端　米政治学者 (ANN News 4/15/2020)

April 13, 2020

CJEB Research Associate, Professor Tsutomu Watanabe, Graduate School of Economics, University of Tokyo, wrote a Working Paper, “The Responses of Consumption and Prices in Japan to the COVID-19 Crisis and the Tohoku Earthquake.”

CJEB Research Associate, Professor Tsutomu Watanabe, Graduate School of Economics, University of Tokyo, wrote a Working Paper, “The Responses of Consumption and Prices in Japan to the COVID-19 Crisis and the Tohoku Earthquake.” The paper compares the responses of consumption and prices to the COVID-19 shock and another large-scale natural disaster that hit Japan, the Tohoku earthquake in March 2011.

April 8, 2020

CJEB’s Visiting Fellow, Dr. Randall Jones, was quoted in the Economist article “Startups offer a different future for South Korea’s economy”

CJEB’s Visiting Fellow, Dr. Randall Jones, Non-resident Fellow, Korea Economic Institute of America; Former Senior Counselor - East Asia and Head of Japan/Korea Desk, Organization for Economic Cooperation and Development (OECD), was quoted in the Economist article “Startups offer a different future for South Korea’s economy”

Startups offer a different future for South Korea’s economy (Economist, 4/8/2020)

March 24, 2020

Professor Takatoshi Ito’s Article on COVID-19 and Monetary Policy in Japan Published by Nikkei

Nikkei recently published an article by Professor Takatoshi Ito, director of CJEB’s Program on Public Pension and Sovereign Funds, Professor at the School of International and Public Affairs, Columbia University, in which he discusses COVID-19 and monetary policy. [Note: The article is in Japanese only.]

コロナ対応で再度強化必要　異次元緩和、8年目へ (Nikkei, 3/24/20)

February 28, 2020

Jackson G. Lu PhD '18, the first recipient of CJEB’s Doctoral Fellowship, had his research highlighted in an Economist article

Jackson G. Lu PhD '18, had his research highlighted in the Economist article, The bamboo ceiling: Indian v Chinese bosses in America Inc (Economist, 2/28/2020).

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475 Riverside Drive Room 312F New York, NY 10115	P: 646-745-8569 cjeb@columbia.edu
Donations and Media Contact - Ryoko Ogino	ro2213@columbia.edu