Conference / SymposiumTRIO Conference

Sat, Mar 4, 2023 - Sun, Mar 5, 2023

TRIO Conference on Digital Economy and Finance, 2023


Saturday March 4 – Sunday March 5, 2023


Shin-ichi Fukuda, Joshua K. Hausman, and Kenichi Ueda


The Center for Advanced Research in Finance (CARF)

Center for International Research on the Japanese Economy (CIRJE)

Saturday, March 4

Session 1: Economic Impacts of Digitalization
Chair: Joshua Hausman, University of Michigan and NBER

2:00 pm

Prediction Machines, Insurance and Protection: An Alternative Perspective of AI’s Role in Production
Ajay K. Agrawal, University of Toronto and NBER
Joshua S. Gans, University of Toronto and NBER
Avi Goldfarb, University of Toronto and NBER

Junichi Fujimoto, National Graduate Institute for Policy Studies

2:50 pm

Effects of Bank Branch/ATM Consolidations on Cash Demand: Evidence from Bank Account Transaction Data in Japan(slides)
Kozo Ueda
, Waseda University

Takeshi Osada, Saitama University

3:30 pmBreak

Session 2: Macroeconomic Impacts of Cryptocurrency
Chair: Kenichi Ueda, The University of Tokyo, CEPR, and TCER

3:50 pm
Cryptocurrency Investing: Stimulus Checks and Inflation Expectations
Tetyana BalyukEmory University
Marco Di MaggioHarvard University and NBER
Jason KotterBrigham Young University
Emily WilliamsHarvard University
Hibiki IchiueKeio University
4:30 pm
The Intrinsic Value of Bitcoin and the Excessive Price Volatility
Taisei KaizojiInternational Christian University
Kenichi Ueda, The University of Tokyo, CEPR, and TCER
5:20 pm
6:00 pm

Sunday, March 5

Session 3: Digital Money and the Role of Government
Chair: Shin-ichi Fukuda, The University of Tokyo and TCER

10:00 am

Digital Money, Stablecoins, and Central Bank Operations
Charles Kahn, University of Illinois, Urbana-Champaign
Manmohan Singh, International Monetary Fund
Jihad Alwazir, International Monetary Fund

Shigenori Shiratsuka, Keio University

10:50 am

Regulations on Defi and Crypto
Matteo Aquilina, Bank for International Settlements
Jon Frost, Bank for International Settlements
Andreas Schrimpf, Bank for International Settlements

Hiroshi Fujiki, Chuo University

11:40 amConclude


Hiroshi FujikiChuo University
Joshua S. GansUniversity of Toronto and NBER
Joshua K. HausmanUniversity of Michigan and NBER
Hibiki Ichiue, Keio University
Takeshi OsadaSaitama University
Andreas SchrimpfBank for International Settlements
Shigenori ShiratsukaKeio University
Kozo UedaWaseda University