East Asian Seminar on Economics.

The NBER, the Tokyo Center for Economic Research, the Korea Development Institute, the Hong Kong University of Science and Technology, the Peking University China Center for Economic Research, the National University of Singapore, the Australian National University, and the Chung-Hua Institution for Economic Research (Taipei) jointly sponsored the NBER's 29th Annual East Asian Seminar on Economics. The conference, which focused on political economy, was organized by Research Associates Takatoshi Ito of Columbia University and Andrew K. Rose of the University of California, Berkeley. It took place in Seoul, South Korea, June 21-22. These researchers' papers were presented and discussed:

* Abhijit Banerjee, MIT and NBER; Nils Enevoldsen, MIT; Rohini Pande, Harvard University and NBER; and Michael Walton, Harvard University, "Information as an Incentive: Experimental Evidence from Delhi"

* Dongsoo Kang and Changwoo Nam, Korea Development Institute, "Conflict of Interests between Government and Creditors in Corporate Restructuring: Case of Korea"

* Ippei Fujiwara, Keio University, and Shunsuke Hori, University of Tokyo, "Aging and Deflation"

* Kenichi Ueda, University of Tokyo, "Tail Risk Dumping"

* Zhenyu Cui, Stevens Institute of Technology, and Nobuo Akai, Osaka University, "Corruption, Political Stability and Efficiency of Government Expenditure on Health Care--Evidence from Asian Countries"

* Weijia Li, University of California, Berkeley; Gerard Roland, University of California, Berkeley, CEPR and NBER; and Yang Xie, University of California, Riverside, "Crony Capitalism, the Party-State, and Political Boundaries of Corruption"

* Henry S. Farber and Ilyana Kuziemko, Princeton...