Promoting Confidence in International Business through Building on the Rule of Law Read more about Promoting Confidence in International Business through Building on the Rule of Law Mr. David Tonkin, chief counsel for legal, procurement and fraud at the Australian Trade and Investment Commission (Austrade), briefed the participants about the economic challenges faced by the Pacific region owing to inefficient and burdensome regulation, ineffective contract enforcement, corruption, limited access to finance, and inadequate access to insurance and risk mitigation products.
Discussion on "Firm and Worker Dynamics in an Aging Labor Market" Read more about Discussion on "Firm and Worker Dynamics in an Aging Labor Market" In discussing the presentation on the “Firm and Worker Dynamics in an Aging Labor Market” by Niklas Engbom, the presenter offers an alternative method to separate the direct age effect on job-to-job mobility. He also encouraged the authors to quantify the contribution of "on-the-job search" on business dynamism, and provide some empirical evidence that the entry rate by age does not change significantly between early and late periods.
Firm and Worker Dynamics in an Aging Labor Market Read more about Firm and Worker Dynamics in an Aging Labor Market The author assesses the impact of an aging labor force on business dynamism, labor market fluidity, and economic growth. The analysis embeds endogenous growth through creative destruction in an equilibrium job ladder model, highlighting feedback between the extent of mismatch in the labor market and incentives to innovate. Using cross-state variation and instrumenting for the incidence of aging using lagged age shares, the author found additional empirical support for the prediction of significant effects of aging on dynamism and growth.
Niklas Engbom Keywords macroeconomics labor market economics Read more about Niklas Engbom Niklas Engbom is a Junior Scholar at the Federal Reserve Bank of Minneapolis. He will serve as an Assistant Professor at the Stern School of Business of New York University from July 2019. His research interests include Macroeconomics and Labor Markets, particularly how labor markets interact with the broader macroeconomy. Dr. Engbom obtained his doctoral degree in Economics from Princeton University in 2018, and his bachelor's degree in Economics from the Stockholm School of Economics in 2010.
Mingzhi Xu Keywords transport economics peking university Read more about Mingzhi Xu Mingzhi Xu is an Assistant Professor at Peking University. In 2018–2019, he was a postdoctoral researcher at the National Bureau of the Economic Research and a visiting researcher at the Growth Lab of Harvard Kennedy School. He obtained the Ph.D. in economics from the University of California Davis.
Satoshi Shimizutani Keywords Japanese economy macroeconomics health economics aging economics Read more about Satoshi Shimizutani Satoshi Shimizutani is an Executive Senior research Fellow at JICA Ogata Research Institute. Prior to the current position, he worked for the Japanese government and conducted economic research at several research institutes. His primary interest is empirical research with a focus on policy evaluation and his papers covered a wide variety of topics and some of them were published in Journal of Public Economics, Journal of Industrial Economics, Journal of Money, Credit and Banking, Journal of Comparative Economics and Industrial and Labor Relations Review.
Seik Kim Keywords economics labor economics applied microeconomics econometrics Read more about Seik Kim Dr. Seik Kim is an Associate Professor from the Department of Economics at Korea University. He obtained his Doctorate and Masters degree in Economics from Yale University, and graduated summa cum laude with a Bachelor's degree in Economics from Seoul University. He served as an Assistant Professor at the Department of Economics of Korea University from 2013 to 2014, and at the University of Washington from 2007 to 2013. He sits in the Editorial Board of the Korean Economic Review since 2016.
Sameer Khatiwada Keywords economics technology employment 4th Industrial Revolution skills development Read more about Sameer Khatiwada Sameer is an economist who leads preparation and implementation of ADB loans and technical assistance projects in public resource management. Prior to joining Public Sector Management and Governance Sector Office in Sectors Group, he was with the Southeast Asia Department where he prepared ADB’s assistance in education, skills development, social protection, and jobs.
John Piggott Keywords economics aging retirement pension Australia Read more about John Piggott John Piggott is Director of the ARC Centre of Excellence in Population Ageing Research (CEPAR) and of the Australian Institute for Population Ageing Research at the University of New South Wales, Australia, where he is Scientia Professor of Economics. He has a long-standing interest in retirement and pension economics and finance. His publications include more than 100 journal articles and chapters in books. He has also co-authored two books, both published by Cambridge University Press. In 2016 he co-edited two volumes on aging.
Adrian Torres Keywords finance PPP economics adb administration Read more about Adrian Torres Adrian Torres is the Chief of ADB's Public-Private Partnership thematic group. Prior to this position, he was the Associate Director of ANZ and Societe Generale. He graduated from RMIT University with a degree in Business Administration and received his Master of Finance and Economics from the University of Sydney. He is also a graduate of Harvard Business School.