25th annual east Asian seminar on economics held in Tokyo.

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The 25th Annual East Asian Seminar took place in Tokyo on June 20 and 21, 2014. This meeting was jointly sponsored by the NBER, the Tokyo Center for Economic Research, the Australian National University, the China Center for Economic Research, the Chung-Hua Institution for Economic Research, the Hong Kong University of Science and Technology, the Korea Development Institute, the National University of Singapore, and the Canon Institute for Global Studies. The meeting focused on "Unconventional Monetary Policy." The meeting was organized by NBER Research Associates Takatoshi Ito of the University of Tokyo and Andrew Rose of the University of California, Berkeley, along with Tsutomu Watanabe and Kosuke Aoki of the Center for Advanced Research in Finance at the University of Tokyo. The organizers chose these papers to discuss:

* Takatoshi Ito, "We Are All QE-sians Now"

* Lars Svensson, Stockholm School of Economics and NBER, "Inflation Targeting and Leaning Against the Wind: A Case Study"

* Adair Morse and Annette Vissing-Jorgensen, University of California, Berkeley and NBER; and Anna Cieslak, Northwestern University, "Stock Returns over the FOMC Cycle"

* John Fernald, Mark Spiegel and Eric Swanson, Federal Reserve Bank of San Francisco, "Monetary Policy Effectiveness in China: Evidence from a FAVAR Model"

* Randall Morck, University of Alberta and NBER; Deniz Yavuz, Purdue University; and Bernard Yeung, National University of Singapore, "State-Controlled Banks and the Effectiveness of Monetary Policy"

* Gu Jin and Tao Zhu, Hong Kong University of Science...

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