Stanford University

Jaclyn Selby

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Former Research Scholar, Japan Program
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Jaclyn Selby was a Research Scholar at the Walter H. Shorenstein Asia-Pacific Research Center's Japan Program through June 2020. She joined Stanford from a postdoctoral fellowship at the Tuck School of Business at Dartmouth, where she was affiliated with the Center for Digital Strategies and the Strategy and Management Faculty Group. Selby's research is at the intersection of strategic management and technology policy for high tech and media industries. Her main areas of focus are the digital platform economy, innovation management, startups, and intellectual property. Her work has been published in Communications & Strategies, Foreign Policy Digest, and Intellibridge Asia.
 
Selby holds a PhD from the University of Southern California, an MA from Georgetown University, and a BA from Sarah Lawrence College. Prior to pursuing her doctorate, she was a Senior Researcher at Project Argus, a global leader in federally-funded disease and disaster intelligence, where she headed three operations research and tech strategy projects. Her background also includes experience in boutique consulting, as Research & Marketing Director for the Style and Image Network, and in geopolitical consulting (Intellibridge, Courage Services, CastleAsia).

Nikkei CNBC interview: US economy and security under the new president

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Stanford economist Takeo Hoshi joined Nikkei CNBC’s television program “Night Express” in Tokyo to discuss what a U.S. presidency under Donald Trump holds for trade policy, U.S.-Japan relations and the global economy.
 
Hoshi, who is also the Japan Program director at the Shorenstein Asia-Pacific Research Center, said that, while many of the next administration’s plans remain uncertain, the president-elect's first task would be to bridge divisions among Republicans so it can move ahead on policy decision-making.
 
The television segment can be viewed in Japanese here.

 

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US Economic and Foreign Policy under the New Administration

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Tokyo Foundation - Shorenstein APARC Joint Symposium

 

RSVP required: send name & affiliation with the subject line “TF-APARC Symposium” to info@tkfd.or.jp
 

On November 8, Americans will go to the polls to choose their new president. How will the new administration tackle pressing issues confronting the United States and the world? For clues on the kind of policies the White House is likely to pursue starting next January to power the US economy and address foreign and security priorities, the Tokyo Foundation will host a symposium inviting top US and Japanese experts on November 17--less than 10 days following the election.

Organized jointly with the Shorenstein Asia-Pacific Research Center at Stanford University, the symposium will feature such experts on the Stanford faculty as Edward Lazear, former chairman of the President’s Council of Economic Advisers, and former US Ambassador to Japan Michael Armacost. Japanese panelists will include former World Bank economist and now Waseda University professor Shujiro Urata and Tokyo Foundation director of policy research Bonji Ohara.

To be conducted in English and Japanese (with simultaneous interpretation), the event will examine the direction of US policy, its impact on Japan, and the future of Japan-US relations.
 

Program

9:30     Opening Remarks

Gi-Wook Shin (Director, Shorenstein APARC, Stanford University)
Takeo Hoshi (Chair of the Board, Tokyo Foundation; Director, Japan Program, Shorenstein APARC, Stanford University)

9:40     Keynote Address

Edward Lazear (Professor, Graduate School of Business, and Senior Fellow, Hoover Institution, Stanford University; former Chairman of the President’s Council of Economic Advisers)

10:00   Panel Discussion: “Economic and Trade Policies under the New Administration”

Panelists
Shujiro Urata (Professor, Graduate School of Asia-Pacific Studies, Waseda University)
Edward Lazear
Kathleen Stephens (Distinguished Fellow, Shorenstein APARC, Stanford University; former US Ambassador to South Korea)
Kenji Kushida (Research Associate, Japan Program, Shorenstein APARC, Stanford University)

Moderator
Takeo Hoshi

10:45   Q&A

11:00   Panel Discussion: “Foreign and Security Policies under the New Administration”

Panelists

Michael Armacost (Distinguished Fellow, Shorenstein APARC, Stanford University; former US Ambassador to Japan)
Karl Eikenberry (Distinguished Fellow, Shorenstein APARC, Stanford University; former US Ambassador to Afghanistan)
Bonji Ohara (Director of Policy Research, Tokyo Foundation)

Moderator
Gi-Wook Shin

11:45   Q&A

 

Event Link and RSVP

 

2nd Floor Meeting Room, Nippon Foundation Building (1-2-2 Akasaka, Minato-ku, Tokyo)

Symposiums

Fourth Annual Stanford Juku on Japanese Political Economy

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The Japan Program held the fourth annual Stanford Juku on Japanese Political Economy from September 29 – October 1. Over 40 scholars from various parts of the US and Japan participated in the conference, which took place at the Oksenberg Conference Center at Encina Hall. The first portion of the program (9/29 and morning of 9/30) focused on research in political science/political economy and international relations, and the latter portion of the program (afternoon of 9/30 and 10/1) focused on research in economics.

The main goal of the program is to attract young researchers who will go on to become leaders in the study of Japanese politics and Japanese economy in the near future.  Distinctive features of the Juku are the long times allotted to each paper to allow for two in-depth discussants and discussion among participants, as well as ample time for informal discussions and interactions among participants allowing for collaborations and expansion of the network of researchers on Japan in political science and economics. We received a large volume of quality paper submissions this year, which made the selection process very competitive. 

The first day included four papers in political science/political economy and international relations. Daniel Smith from Harvard University presented a paper co-authored by Yusaku Horiuchi (Dartmouth College) and Teppei Yamamoto (Massachusetts Institute Technology) entitled, "Identifying Voter Preferences for Politicians' Personal Attributes: A Conjoint Experiment in Japan," with discussants Ethan Scheiner (University of California, Davis) and Mike Tomz (Stanford University).

Amy Catalinac (New York University) presented a paper co-authored by Frances Rosenbluth (Yale University) and Hikaru Yamagishi (Yale University) entitled "Party Strategies and Foreign Policy in Post-Electoral Reform Japan." The Discussants for the paper were Gary Cox (Stanford) and Teppei Yamamoto (MIT).

Jacques Hymans from University of Southern California presented his paper on “The Limits of Japan's Energy Angst: The Case of Geothermal Power.” Mark Thurber (Stanford) and Steve Vogel (University of California, Berkeley) were the discussants.

The fourth paper was “Democratic Community and Its Consequences: Evidence from Japan” by Jonathan Chu (Stanford), discussed by Christina Davis (Princeton University) and Megumi Naoi (University of California, San Diego).

Christina Davis (Princeton) started off the second day by presenting her paper “Joining the Club: Accession to the GATT/WTO." Discussants were Jonathan Chu (Stanford) and Phillip Lipscy (Stanford).

The political science/political economy section ended with Megumi Naoi (UC, San Diego) presenting a paper co-authored by Chun-Fang Chiang (National Taiwan University), Jason Kuo (Post-doc, Georgetown University), Jing-tan Liu (National Taiwan University) entitled, "What Do Voters Learn from Foreign News? Experimental Evidence on PTA Diffusion in Japan and Taiwan." Discussants were Kenji Kushida (Stanford) and Yuki Takagi (Stanford). 

After lunch, two economics papers were presented.  Wataru Miyamoto (Bank of Canada) presented a paper co-authored by Thuy Lan Ngyuen (Santa Clara University) and Dmitriy Sergeyev (Bocconi University) entitled, "Government Spending Multipliers under the Zero Lower Bound: Evidence from Japan" with discussants Yuriy Gordonichenko (UC, Berkeley) and Johannes Wieland (UC, San Diego).

The second paper was “Government Spending Multipliers under the Zero Lower Bound: Evidence from Japan”, by Robert Dekle (USC), Nobuhiko Kiyotaki (Princeton) and Tsutomu Miyagawa (Gakushuin University).  Huiyu Li (Federal Bank of San Francisco) and Shuichiro Nishioka (West Virgina University) were the discussants.  A group dinner followed the second day.

The final day included four papers in economics.  The first was “Will the Sun Also Rise? Five Growth Strategies for Japan” by Yoko Takeda (Mitsubishi Research Insitute).  Discussants were Michael Hutchison (US, Santa Cruz) and Ryo Kambayashi (Hitotsubashi University).

The second paper was "Natural Disaster and Natural Selection" by Hirofumi Uchida (Kobe University), Daisuke Miyakawa (Hitotsubashi), Kaoru Hosono (Gakushuin), Arito Ono (Chuo University), Taisuke Uchino (Daito Bunka University) and Iichiro Uesugi (Hitotsubashi).  Discussants were Nobuhiko Hibara (Waseda University) and Johannes Wieland (UC, San Diego).

Koichiro Ito (University of Chicago) presented a paper co-authored by Takanori Ida (Kyoto University) and Makoto Tanaka (GRIPS) entitled “Information Frictions, Switching Costs, and Selection on Elasticity: A Field Experiment on Electricity Tariff Choice.”  Karen Eggleston (Stanford) and Hitoshi Shigeoka (Simon Fraser University) were the discussants.

The final paper was “Good Jobs and Bad Jobs in Japan: 1982-2007” by Ryo Kambayashi (Hitotsubashi) and Takao Kato (Colegate University), discussed by Takeo Hoshi (Stanford) and David Vera (California State University, Fresno).

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Do Startups Learn When They Fail? Using Crowdfunding Data to Compare When and If Entrepreneurs Learn from Experience and Observation

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Do startups learn from their own past experiences? What about observing other entrepreneurs' experiences? Using the results of her recent study on tech ventures on Kickstarter, Jaclyn Selby will share the circumstances under which startups do - and do NOT - learn from previous success and failure. She will also explore whether startups learn best from prior experience in related or in unrelated industries.

Speaker Bio

Jaclyn Selby's research is at the intersection of technology, management and policy. She focuses on competitive dynamics in high tech and media industries, emphasizing innovation, startups, and intellectual property. She joins Stanford from a postdoctoral fellowship at the Tuck School of Business at Dartmouth. Her work has been published in Communications & Strategies, Foreign Policy Digest, and Intellibridge Asia.  Jaclyn holds a PhD from the University of Southern California, an MA from Georgetown University, and a BA from Sarah Lawrence College.

Prior to PhD life, Jaclyn was a Senior Researcher heading federally-funded tech strategy projects at Project Argus, a leader in disease and disaster intelligence. Her group worked with partners at the Defense Threat Reduction Agency, the Open Source Center, the University of Iowa Avian Flu prediction market, and the Al Fornace molecular biology lab. Prior to Argus, she was Research & Marketing Director of the Style and Image Network, a boutique consultancy, and a geopolitical analyst (Intellibridge, Castle Asia, Courage Services). A U.S. citizen, Jaclyn was raised overseas in Indonesia, Thailand and Singapore.

 

Agenda

4:15pm: Doors open
4:30pm-5:30pm: Talk and Discussion
5:30pm-6:00pm: Networking

RSVP Required

 
For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/
Seminars

Ke Wang

616 Serra StreetEncina Hall E301Stanford, CA94305-6055
(650) 725-2507 (650) 723-6530
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Dr. Ke Wang is visiting APARC for the fall semester in 2016-2017 school year during her sabbatical leave from her current post at the Federal Reserve Board of Governors in Washington D.C. where she serves as a Senior Economist in the Division of Banking Supervision and Regulation.

At the Fed, Dr. Wang is responsible for policy analysis and regulation oversight of U.S. bank holding companies as well as conducting academic research in economics and finance fields. In her five-year tenure as a Fed staff economist, she participated in international Basel framework of capital regulation, quantitative credit model assessment for U.S. Stress Testing practice, and policy initiatives on liquidity regulation for Systemically Important Financial Institutions.

Dr. Wang’s research interests span from credit analysis to monetary policy. She has published in top academic journals such as Journal of Financial Economics and has wide citations for her previous works which covered topics such as corporate bond default prediction, impact of banking structure on monetary policy, and relationship banking in pre-war Japan.

Her current working papers focus on how liquidity in Over-The-Counter market is impacted by broker-dealers’ funding costs and information asymmetry. She provides empirical evidence using comprehensive bond transaction data that broker-dealers’ own financial health will quantitatively impact the liquidity and price discovery process of distressed assets. At Stanford, Dr. Wang will collaborate with other APARC research fellows on studies about both U.S. and Japan banking regulations, particularly the impact of regulation on systemic risk of financial institutions. 

Dr. Wang holds a Ph.D. in Economics from Stanford University and a B.A. in International Economics from Peking University. She once worked as an Assistant Professor in Finance in the Faculty of Economics at the University of Tokyo, teaching graduate courses on Money and Banking as well as Corporate Finance. 

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Anju Patwardhan

616 Serra StreetEncina Hall E301Stanford, CA94305-6055
(650) 736-9958 (650) 723-6530
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Anju Patwardhan is a Fulbright Fellow and Visiting Scholar at Stanford. Her research is focused on the use of technology and innovation to support financial inclusion, especially small business lending.

She is also a Venture Partner with CreditEase Fintech Fund from China (fund of c.USD 1 billion). She is a member of the World Economic Forum (WEF) Global Future Council on Blockchain and on the WEF steering committees for “Internet for All” and “Disruptive Innovation in Financial Services”. 

She has been appointed as a FinTech Industry Expert with UC Berkeley (SCET) and an Innovation Fellow with the NUS.  She serves on the advisory board of Government of Estonia’s e-residency program

She was in banking until July 2016 and has over 25 years of experience with Citibank and Standard Chartered Bank (SCB) in global leadership roles across Asia, Africa and Middle East.  She was a member of SCB’s global leadership team, global risk management group and global technology & operations management group. She was also a Director on various banking subsidiaries and non-profits boards.

She is an alumnus of the IIT Delhi and IIM Bangalore, and holds further professional qualifications is board directorship and art appreciation.

She moved from Singapore to the Bay Area in August 2016 with her family. 

Fulbright Fellow
Visiting Scholar
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