Investment

Scholarly Publications

Equity Duration and Predictability

August 2020

One of the most puzzling findings in asset pricing is that expected returns dominate variation in the dividend-to-price ratio, leaving little room for dividend growth rates.

Reinventing Japan: New Directions in Global Leadership (Book Chapter)

March 2018

Highly readable yet deeply researched, this book serves as an essential guide to the many ways in which Japan has risen to become one of the world's most creative and innovative societies.•...

Abenomics and Japan's Entrepreneurship and Innovation: Is the Third Arrow Pointed in the Right Direction for Global Competition in the Digital Era of Silicon Valley?

March 2018

Given that much of the global leadership in value creation over the past couple of decades has been driven by the Silicon Valley model – not only a geographic region but a distinct ecosystem of...

Other Publications

Luxury or Priority? Ethiopia Wants a Light Rail

February 2019

The Ethiopian government is planning on constructing the country’s first light rail in its capital city Addis Ababa.

Bridging Regions, Strengthening Ties: The East Coast Rail Line (ECRL) in Malaysia

February 2019

Malaysia is a Southeast Asian nation strategically located along major regional trade routes.

The European Silk Road: Montenegro's Decision to Build a New Highway

December 2018

In this case, Montenegrin Prime Minister Milo Djukanović must decide whether to sign a Memorandum of Understanding with the Chinese Pacific Construction Group to build a highway between his country...

News

Restarting Business in China After COVID-19: New Article in 'The Diplomat' Highlights Results from China Program Survey

July 2020

The survey reveals mixed progress in reopening different sectors of China's economy, but also shows that many business leaders in China are planning for some level of decoupling as access to...

Experts Gather to Share Findings, Brainstorm Approaches, and Spur Further Research on China’s Belt and Road Initiative

March 2020

The Stanford Center at Peking University (SCPKU), the Center on Democracy, Development and the Rule of Law (CDDRL), and the APARC China Program jointly hosted a workshop on China’s Belt and Road...

Events

China’s Belt, Road, and Beyond: State Mobilization and Localized Implementation

September 23, 2020

This is a virtual event. Please click here to register and generate a link to the talk.  The link will be unique to you; please save it and do not share with others.

The Social Origins of Egypt's Failed Market Making

May 28, 2020

This event is co-sponsored by the Arab Studies Institute ABSTRACTThis talk is based on the speaker's new book Cleft Capitalism: The Social Origins of Failed Market Making in Egypt (Stanford...

Japan in the Bay Area: From Competition to Collaboration

February 26, 2019

The Bay Area Council Economic Institute and the Walter H.

Projects

Remote sensing approaches to improving aid targeting and understanding aid effectiveness

This project aims to develop and test remote-sensing based approaches to gathering two typesof aid-relevant data: data on agricultural productivity and data on household assets, with a focus on Sub...
English

Leadership Academy for Development

Program Overview  |  Background and Rationale  |  Training Program  |  Curriculum   |  Case Studies  |  Partnership  |  LAD Around the World  |  Lectures  | Student Testimonials | Interviews |...
English

Technology and Human Capital _ Migration

One often hears that China has the largest online population in the world.
English

Multimedia

China’s Belt, Road, and Beyond: State Mobilization and Localized Implementation

October 2020

Most people attribute the Belt and Road Initiative (BRI) to Beijing’s imperialist ambitions.

Japan and the World

February 2017

The “Japan and the World” video lectures and accompanying lessons were made possible by a generous grant from the Center for Global Partnership (CGP)/The Japan Foundation to the Japan Program, Shorenstein Asia-Pacific Research Center (APARC),...

Changing Corporate Governance in Japan

July 2015

Video and transcript from the event "Changing Corporate Governance in Japan" with Takeo Hoshi (Stanford University), Masaaki (Masa) Tanaka (Mitsubishi UFJ Financial Group, Inc.

People

Fafchamps Photo Marcel Fafchamps Senior Fellow Professor, by courtesy, Economics
jerry kaplan headshot 7 Jerry Kaplan Adjunct Lecturer, CDDRL, Research Affiliate, CDDRL
Michael Bennon Pic Michael Bennon Research Scholar, CDDRL Program Manager, Global Infrastructure Policy Research Initiative
krasner Stephen D. Krasner Senior Fellow Professor, Political Science, Senior Fellow, Hoover Institution
Portrait of Kenji Kushida Kenji E. Kushida Research Scholar at APARC
seifert headshot Christopher Seifert PhD student, Earth System Science
Anja Manuel Anja Manuel Affiliate
matt franzen edit Matthew Franzen Manager of Information Technologies, CHP/PCOR
kristen lee   aparc photo 3x4 Kristen Lee Executive Assistant to Professor Gi-Wook Shin