Sticky prices and inflation dynamics.

• Position: Conferences

The 22nd Annual NBER-TCER-CEPR Confercnce on "Sticky Prices and Inflation Dynamics" took place in Tokyo, Japan on December 17-18, 2008. The conference organizers were: Jordi Gall, the Barcelona Graduate School of Economics and NBER; Takeo Hoshi, University of California, San Diego and NBER; Anil K Kashyap, University of Chicago and NBER; and Tsutomu Watanabe, Hitotsubashi University. These papers were discussed:

* Chihiro Shimizu, Reitaku University; Kiyohiko Nishimura, former Professor of Economics, University of Tokyo; and Tsutomu Watanabe, "Residential Rents and Price Rigidity: Micro Structure and Macro Consequences"

* Kenn Ariga, Kyoto University, and Ryo Kambayashi, Hitotsubashi University, "Employment and Wage Adjustments at Firms under Distress in Japan: An Analysis Based upon a Survey"

* Fabio Canova, ICREA-UPF, and Tobias Menz, University of Bern, "Does Money have a Role in Shaping Domestic Business Cycles? An International Investigation"

* Morten Ravn, European University Institute and CEPR; Stephanie Schmitt-Grohe and Martin Uribe, Columbia University and NBER; and Lenno...