Yukichi Fukuzawa Memorial Lectures in Economics
Marianne Baxter
New Low Price! An Analysis of IKEA Pricing
Date
Nov. 8, 2023, 16:30-18:00
Place
North Hall, 1F North Building, Mita Campus, Keio University
About Speaker
Professor Baxter has been influential in the development and application of new macroeconomic techniques and in the development of models to explain the link between exchange rate regimes and business cycles and the link between savings and investment in open economy macroeconomics and international economics.
As an example of her influential contributions to the development and application of macroeconomic techniques, she proposed a band-pass filtering technique to extract only the business cycle portion of macroeconomic variables in a 1999 paper with R.B.King in the Review of Economics Statistics. As another example in this field, she applied a dynamic general equilibrium model as a new method to analyze the effects of fiscal policy in a 1993 paper with R.G.King in the American Economic Review.
In open economy macroeconomics and international economics, she studied the relationship between exchange rate regimes and business cycles in a 1989 paper with A. Stockman in the American Economic Review. In a 1993 paper with M.J.Crucini in the American Economic Review, she developed a model explaining why savings and investment are in fact positively and highly correlated when basic models predict that they are uncorrelated in the workings of international financial markets.
As an example of her influential contributions to the development and application of macroeconomic techniques, she proposed a band-pass filtering technique to extract only the business cycle portion of macroeconomic variables in a 1999 paper with R.B.King in the Review of Economics Statistics. As another example in this field, she applied a dynamic general equilibrium model as a new method to analyze the effects of fiscal policy in a 1993 paper with R.G.King in the American Economic Review.
In open economy macroeconomics and international economics, she studied the relationship between exchange rate regimes and business cycles in a 1989 paper with A. Stockman in the American Economic Review. In a 1993 paper with M.J.Crucini in the American Economic Review, she developed a model explaining why savings and investment are in fact positively and highly correlated when basic models predict that they are uncorrelated in the workings of international financial markets.
Target
Yukichi Fukuzawa Memorial Lectures in Economics began in 2014 in memory of Yukichi Fukuzawa, the founder of Keio University and one of the pioneers of the social sciences in modern Japan. The lecture is open to students and scholars across Keio University and to the public. The lecture assumes that the audience has reasonable knowledge of modern economics.
★Please apply using the form below by November 1st.: https://forms.gle/vxrSoPCroN3irxA27
★Please apply using the form below by November 1st.: https://forms.gle/vxrSoPCroN3irxA27
Notes
Language: English (with simultaneous interpretation)
Hosted by the Institute for Economic Studies and the Faculty of Economics, Keio University
Contact information, email : ies_office[at]info.keio.ac.jp
Hosted by the Institute for Economic Studies and the Faculty of Economics, Keio University
Contact information, email : ies_office[at]info.keio.ac.jp
Material
Event Reports
Professor Marianne Baxter
On November 8, 2023, a special lecture was given at Mita Campus, Keio University, hosted by the Institute for Economic Studies and the Faculty of Economics, Keio University.
The lecture title was “New Low Prices! IKEA's Pricing”. Special guest speaker: Marian Baxter (Professor of the Department of Economics, Boston University).
The lecture title was “New Low Prices! IKEA's Pricing”. Special guest speaker: Marian Baxter (Professor of the Department of Economics, Boston University).
Professor Tetsuya Komagata, Dean of the Faculty of Economics
The event attracted much attention and was attended by 116 keen participants. The attendees included students and professors and, and also researchers from outside the university.
Professor Marian Baxter gave a fantastic lecture, which was followed by an active Q&A session. The lecture was a huge success and closed with a roaring applause from all in the room.
Professor Marian Baxter gave a fantastic lecture, which was followed by an active Q&A session. The lecture was a huge success and closed with a roaring applause from all in the room.
