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Thursday 24th May 2007
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13:00-14:00 Registration at the Department of
Economics
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Parallel Session 1A: Exchange rates and Currency Markets I
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14:00-16:00 (LECTURE ROOM: A 3-3)
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Chair: Michael
J. Lamla
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An "Almost-Too-Late" Warning Mechanism For Currency Crises, Crespo Cuaresma, University of Vienna and Tomas Slacik, Oesterreichische Nationalbank, Discussant: Michael J. Lamla
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Asset Prices, Exchange Rates and the Current Account, Marcel Fratzscher,
European Central Bank, Luciana Juvenal, University of Warwick, and Lucio Sarno, Warwick Business
School, Discussant: Crespo
Cuaresma
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Testing for Efficiency in CEE Emerging
foreign exchange markets: An Equilibrium-based Approach, Nikolaos Giannellis, University
of Crete, and Athanasios P.
Papadopoulos,
University of Crete, Discussant:
Luciana Juvenal
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ECB Communication and the EUR-US Dollar
Exchange Rate, Christian Conrad and
Michael J. Lamla, ETH Zurich, Discussant: Nikolaos Giannellis
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Parallel Session 1B: Monetary Theory and Policy I
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14:00-16:00 (LECTURE ROOM: A 2-3)
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Chair: Katrin Ullrich
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Fiscal Policy, Monetary Policy,
and the Stock Market, Nikiforos Laopodis, Fairfield University, Discussant: Andreas Yannopoulos
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Aggregate shocks,
heterogeneous private sector information and stabilization policy, Phillip Lawler, University
of Wales Swansea, Jonathan James University of Wales Swansea, Discussant: Nikiforos Laopodis
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Bank behavior and the cost channel of monetary transmission, Oliver Huelsewig, Ifo Institute for Economic Research at the University of Munich,
Eric Mayer, University of Würzburg, and Timo Wollmershaeuser, Ifo Institute for Economic Research at the University of Munich, Discussant: Phillip Lawler
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Inflation Expectations of Experts and ECB
Communication, Katrin Ullrich, Centre
for European Economic Research (ZEW), Discussant: Timo
Wollmershaeuser
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Parallel Session 1C: Financial Markets I
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14:00-16:00 (LECTURE ROOM: A 2-1)
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Chair: Jordi Mondria
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International Liquidity Swaps: Is the Chiang Mai Initiative Pooling
Reserves Efficiently? Emanuel Kohlscheen, University
of Warwick, Mark P. Taylor, University of Warwick, Discussant: Jordi Mondria
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Are ADRs different from US stocks? An analysis of Idiosyncratic Risks, Robert J. Boldin,
Indiana University of Pennsylvania, Mukesh K. Chaudhry, Indiana
University of Pennsylvania and Luis Palacios, University of Pennsylvania, Discussant: Emanuel Kohlscheen
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The Puzzling Evolution of the Home Bias, Information Processing and
Financial Openness, Jordi
Mondria, University of Toronto, and Thomas Wu, UC
Santa Cruz, Discussant: Robert J. Boldin
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Parallel Session 1D: Financial Markets II
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14:00-16:00 (LECTURE ROOM: A 2-2)
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Chair: Johannes Ströbel
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Do the US
macroeconomic news announcements explain turn-of-the-month and intramonth anomalies on European stock markets? Jussi Nikkinen,
University of Vaasa, Petri Sahlström,
University of Oulu,
Janne Äijö,
University of Vaasa, Discussant: Johannes Ströbel
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Evidence on the external finance premium in the US corporate bond, Paul Mizen, University of Nottingham,
and Serafeim Tsoukas, University
of Nottingham, Discussant: Petri Sahlström
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Is there a euro area identity within international stock markets?, Jorge Caiado,
Polytechnic Institute of Setúbal,
Nuno Crato,
Technical University of Lisbon, and Daniel Peñac,
Universidad Carlos III de Madrid, Discussant: Serafeim Tsoukas
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The role of banking portfolios in the transmission from currency
crises to financial crises - potential effects of Basel II, Tobias Knedlik,
and Johannes Ströbel, Institute für Wirtschaftsforschung,
Merton College and Institute für Wirtschaftsforschung, Discussant:
Nuno Crato
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16:00-16:30 Coffee Break
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Parallel Session 2A: Monetary Theory and Policy II
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16:30-18:50 (LECTURE ROOM: A 2-2)
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Chair: Mrs. Karlygash Kuralbayeva
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The
Relationship of Insurance and Economic Growth - A Theoretical and
Empirical Analysis,
Peter Haiss, Europe Instiute, and Kjell Suemegi, Europe Instiute, Discussant: Karlygash Kuralbayeva
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Real and Nominal UK
Interest Rates, ERM Membership and Inflation Targeting,
Andreas Reschreiter, Institute for Advanced Studies, Discussant: Kjell
Suemegi
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Instrument and Targeting Rules in Monetary
Policy when Heterogeneity in Currency Trade, Mikael
Bask, University of Helsinki, Discussant: Andreas Reschreiter
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Inflation persistence: implications for a design of monetary policy in
a small open economy subject to external shocks, Mrs. Karlygash
Kuralbayeva, Lincoln
College, University of Oxford,
Discussant: Mikael Bask
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Parallel Session 2B: Economic Growth
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16:30-18:50 (LECTURE ROOM: A 2-3)
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Chair: Nektarios Aslanidis
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Financing through Bond Issues and the Nexus with Economic Growth, Gerhard Fink, Peter Haiss,
Herwig Kirchner, and Ulrike Moser, Vienna University of Economics and Business
Administration, Discussant: Nektarios Aslanidis
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Total Factor Productivity Growth and the Environment: A Case for Green Growth Accounting, Evangelos Tzouvelekas,
University of Crete, Dimitra Vouvaki,
University of Crete, and Anastasios Xepapadeas, University of Crete, Discussant: Ulrike Moser
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Forecasting growth and inflation in an enlarged euro area: some policy
implications,
Thomas Flavin,
NUI Maynooth, Ekaterini Panopoulou,
University of Piraeus and Theologos Pantelidis, NUI Maynooth, Discussant:
Anastasios Xepapadeas
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Political Regime Change, Economic Reform and Growth Accelerations, Richard Jong-A-Pin,
University of Groningen, Discussant: Thomas Flavin
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Business Cycle Regimes in CEECs Production:
A Threshold SURE Approach, Nektarios Aslanidis,
Monash
University, Discussant: Richard Jong-A-Pin
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Parallel Session 2C: Financial Econometrics I
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16:30-18:50 (LECTURE ROOM: A 3-3)
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Chair: Jean-Pierre Allegret
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The Determinants of International Financial Integration,
Xuan Vinh Vo, University of New South Wales,
Discussant:
Jean-Pierre
Allegret
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Euro Area Inflation Differentials: Unit Roots and Non-Linear
Adjustment, Andros Gregoriou, Brunel University, Alexandros Kontonikas,
University of Glasgow, Alberto Montagnoli, University of Stirling, Discussant: Xuan
Vinh Vo
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The ownership-performance relationship semi-parametrically revisited, Chrisostomos Florackis, Alexandros Kostakis, and Aydin Ozkan, University of York,
Discussant: Andros
Gregoriou
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Modeling skewness and kurtosis in Stochastic
Volatility Models, Georgios Tsiotas,
University of Crete,
Discussant: Chrisostomos
Florackis
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Modeling the impact of real and financial shocks on Mercosur: the role of the exchange rate regime, Jean-Pierre Allegret,
GATE (UMR 5824 CNRS) and
University Lumière Lyon2, and Alain Sand-Zantman, GATE (UMR 5824 CNRS) and University Lumière
Lyon2, Discussant: Georgios Tsiotas
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Parallel Session 2D: Macroeconomics I
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16:30-18:50 (LECTURE ROOM: A 2-1)
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Chair: Gordon Menzies
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Consumption Risk over the Frequency Domain, Sarantis Kalyvitis, Athens
University of Economics and Business, and Ekaterini
Panopoulou, University of Piraeus, Discussant: Gordon Menzies
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The Real Interest Rate, the Real Oil Price, and US Unemployment Revisited, Spyros Andreopoulos, University of Bristol, Discussant: Ekaterini Panopoulou
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Macroeconomic Dynamics and Health Care provision in the UK, Ian D. McAvinchey and W.
David McCausland,
University of Aberdeen, Discussant: Spyros Andreopoulos
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Inferential Expectations, Gordon Menzies University
of Technology, Sydney and Centre for Applied Macroeconomic Analysis,
Australian National University, and Daniel John Zizzo, UEA, Discussant: Ian D. McAvinchey
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20:30 WELCOME RECEPTION AT THEARTEMIS
PALACE HOTEL
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Friday 25th May 2007
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Parallel Session 3A - JIMF
Session I: Financial Effects of Euro Adoption
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09:00-11:00 (LECTURE ROOM:
A 3-3)
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Chair: James R. Lothian
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Optimal Monetary Policy in the European monetary union in the presence
of heterogeneity,
Sophocles Brissimis Bank of Greece
and University of Piraeus, and Ifigeneia Skotida, Bank of Greece and Athens University of
Economics and Business,
Discussant: Katrin Ullrich
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Speed of Euro Adoption, Francesco Columba, Bank of Italy,
Discussant: James R. Lothian
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In Search of an Euro Effect: Big Lessons from a Big Mac Meal?,
David Parsley Vanderbilt University, and Shang-Jin Wei,
International Monetary Fund and NBER,
Discussant: Michael
T. Melvin
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Parallel Session 3B: Exchange rates and Currency
Markets II
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09:00-11:00 (LECTURE ROOM:
A 2-3)
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Chair: Dimitris Thomakos
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Structural breaks, co-breaks and real exchange rates regimes, Sergio Gabas, University of Zaragoza, Maria Dolores Gadea, University
of Zaragoza,
and Antonio Montañes, University of Zaragoza,
Discussant:
Dimitris Thomakos
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Currency Crisis and Stock Prices in East Asian Countries: An Application of Cointegration and Granger
Causality, Mamta Chowdhury, University of Western
Sydney, Discussant:
Maria Dolores Gadea
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Evaluating Currency Crisis: A Bayesian Markov Switching Approach, Kostas Mouratidis, School
of Business and Economics, University
of Wales, Discussant: Mamta
Chowdhury
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The relationship between sovereign credit ratings and bond spreads:
the case of Cyprus,
Eleni Chrisostomidou, The Philips College, Dimitris
A. Georgoutsos, AUEB, Stefanos Panayides, The Philips
College and Olga Soloviova, AUEB,
Discussant: Kostas
Mouratidis
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Parallel Session 3C: Financial Markets III
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09:00-11:00 (LECTURE ROOM:
A 2-2)
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Chair: Christian Wagner
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Speculative Attacks with Multiple
Sources of Public Information, Camille Cornand, Université Louis Pasteur Strasbourg, and Frank
Heinemann, Technische Universität
Berlin, Discussant:
Christian Wagner
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Idiosyncratic Volatility and Equity Returns: UK Evidence, Timotheos Angelidis, University of Crete and ALBA Graduate Business
School, and Nikolaos Tessaromatis,
ALBA Graduate Business School, Discussant:
Eleni Tsafaraki
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Testing Speculative Efficiency of Currency Markets, Christian Wagner,
Austrian Central Bank and Vienna
University of Economics
and BA, Discussant: Camille Cornand
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A study on the long-run benefits of diversification in the stock
markets of Greece, the UK and the US, Konstantinos Gillas, University of Crete, Maria-Despina
Pagalou, University of Crete, and Eleni Tsafaraki, University of
Crete, Discussant: Timotheos
Angelidis
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Parallel Session 3D: Banking and Finance
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09:00-11:00 (LECTURE ROOM:
A 3-1)
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Chair: Angelos A. Antzoulatos
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Transition to the Euro and Its Impact on Country Portfolio
Diversification, Kamal Smimou, University
of Lethbridge,
Discussant: Angelos
A. Antzoulatos
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Positive Feedback Trading and the Cost of Credit, Antonios Antoniou,
University of Durham, and Gregory Koutmos,
Fairfield University, Discussant: Kamal Smimou
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The Predictive Performance of Morningstar's Mutual Fund Ratings, Roman Kräussl,
Vrije Universiteit
Amsterdam, and Ralph Sandelowsky, Vrije Universiteit Amsterdam, Discussant: Antonios
Antoniou
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Financial Development and Asymmetric Information, Angelos A. Antzoulatos, University of Piraeus, Dimitris
Kyriazis University of Piraeus, and Chris Tsoumas, University of Piraeus, Discussant: Roman Kräussl
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11:00-11:30 COFFEE BREAK
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INVITED LECTURE - THE MINISTRY OF EDUCATION AND RELIGIOUS AFFAIRS \ PLENARY SESSION
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11:30-13:00 (LECTURE
ROOM: Δ 6)
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Chair: Anastasios Xepapadeas
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Charles W. Calomiris,
Columbia
Business School:
Banking Crises
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13:00-14:30 LUNCH BREAK
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INVITED LECTURE - EUROBANK / PLENARY
SESSION
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14:30-16:00 (LECTURE ROOM: Δ 6)
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Chair: Angelos Kanas
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James R. Lothian, School
of Business, Fordham University: The Behavior of
Prices and Nominal Exchange Rates across Exchange-Rate Regimes: Three
Natural Experiments
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16:00-16:30 COFFEE BREAK
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Session 4A - JIMF Session
II : Trade Effects and Financial Development in New EU
Member Countries
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16:30-19:00 (LECTURE ROOM: Α 3-3)
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Chair: Andrew Scott
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The Trade and FDI Effects of EMU
Enlargement, Jelle Brouwer, Erasmus
University Rotterdam, and Jean-Marie Viaene, Erasmus
University Rotterdam, Discussant:
Pierre Siklos
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Expected effects of Euro adoption on financial development and growth
in new EU member countries, Fabrizio Coricelli, University of Siena
and CEPR, Arjana Brezigar Masten, IMAD, University
of Ljubljana and Igor Masten, IMAD, University of Ljubljana,
Discussant: Micael
Mussa
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The Introduction of the Euro and its Effects on Portfolio Decisions, Rainer
Haselmann Columbia Business
School, and Helmut Herwartz, University Kiel, Discussant:
Angelos Kanas
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Session 4B: Monetary Theory and Policy III
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16:30-19:00 (LECTURE ROOM: Α 2-2)
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Chair: Girijasankar Mallik
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The Stability of Monetary Policy: The Federal Reserve, 1914-2006, John Wood, Wake Forest
University, Discussant: Girijasankar
Mallik
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Monetary Policy Transmission in Transition Economies: the Bank Lending
Channel, Ramona Jimborean, E.R.U.D.I.T.E.,
University Paris XII Val de Marne, Discussant:
John Wood
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Inflation Dynamics and the Cross-Sectional Distribution of Prices in
the EU Periphery, Diego Mendez-Carbajo,
Illinois Wesleyan University, Constantina Kottaridi, University of Peloponnese
and Dimitrios D. Thomakos,
University of Peloponnese, Discussant: Ramona Jimborean
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Has the link between inflation uncertainty and interest rates changed
after the inflation targeting? Evidence from a multi-country analysis, Ramaprasad Bhar, The
University of New South Wales, and Girijasankar Mallik, University
of Western Sydney, Discussant: Constantina
Kottaridi
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Session 4C: EU Economics
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16:30-19:00 (LECTURE ROOM: Α 3-1)
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Chair: Marco Moscianese Santori
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Enlarging the EMU to the East: What Effects on Trade?, Ansgar Belke, University
of Duisburg-Essen, and Julia Spies, University of Stuttgart-Hohenheim, Discussant: Marco Moscianese Santori
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Unit labor cost growth differentials in the
Euro area, Germany, and the US: lessons from PANIC and cluster analysis, Ulrich Fritsche,
University Hamburg,
Vladimir Kuzin, Goethe-University, Discussant: Ansgar Belke
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Exchange Rates and Inflation in EMU Countries: Preliminary Empirical
Evidence, Marco Moscianese Santori, Politecnico di Milano and Fabio Sdogati, Politecnico di Milano, Discussant: Vladimir Kuzin
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Session 4D: Macroeconomic Theory and Policy I
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16:30-19:00 (LECTURE ROOM: Α 2-3)
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Chair: İrem Zeyneloglu
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A Small Open Economy
Model with Currency Mismatches and a Financial Accelerator Mechanism, Santiago Acosta Ormaechea, University of Warwick,
Discussant: İrem Zeyneloglu
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Estimating the Natural Rates in the New Keynesian Framework, Hilde C. Bjørnland,
Norwegian School
of Management (BI), Norges Bank, and Kai Leitemo, Norwegian
School of Management (BI), Junior Maih, Norges Bank, Discussant: Santiago Acosta Ormaechea
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Coordination of Fiscal Policies in a Monetary Union, Miltiadis Makris, University
of Leicester, Discussant:
Hilde C. Bjørnland
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Global Perspective of Fiscal Sustainability: evidence from a panel of
20 OECD countries, Christophe Ehrhart and Matthieu Llorca, Dicussant: Miltiadis Makris
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Financial Integration and Fiscal Policy Efficiency in a Monetary
Union, Gilbert Koenig, Université Louis Pasteur, İrem
Zeyneloglu, Galatasaray University, Discussant: Matthieu Llorca
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Saturday 26th May 2007
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Parallel Session 5A - JIMF
Session III : Financial Integration, Risk Sharing and Real Convergence of EMU
Enlargement
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09:00-11:00 (LECTURE ROOM: Α 3-3)
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Chair: Charles W. Calomiris
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EMU Enlargement, Stabilisation Costs and Insurance Mechanisms, António Afonso, European Central Bank, ISEG/TULisbon
and Davide Furceri,
University of Palermo, University of Illinois at Chicago, Discussant: Charles W. Calomiris
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Gains from Financial Integration in the European Union: Evidence for
New and Old Members, Yuliya Demyanyk, Federal
Reserve Bank of St.Louis, and Vadym Volosovych,
Florida Atlantic University, Discussant:
George Kouretas
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The impact of real convergence on inflation in the new EU Member States, M. Leon-Ledesma,
University of Kent, C. Nerlich, European Central Bank, and S. Rupprecht, ETH Zürich,
Discussant:
Andrew Scott
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Parallel Session 5B: New EU
Countries I
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09:00-11:00 (LECTURE ROOM: Α 3-2)
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Chair: Andreea Stoian
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Exchange Rate Regimes and the Transition Process in the Western
Balkans, Ansgar Belke, University
of Duisburg-Essen, and Albina Zenkić,
University of Stuttgart-Hohenheim, Discussant: Andreea
Stoian
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Border Effects in Transition Economies: Case Study of Slovakia and
Hungary, Julius Horvath, Central European University,
Botond Dome, Central European
University, and
Attila Ratfai, Central European University, Discussant: Ansgar
Belke
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The International Reserve Issue in the EMU: Prospects for Membership
Gains, Jorgen Drud Hansen, Vilnius University and Aarhus
School of Business, Roswitha M. King, University of
Latvia, and Virmantas Kvedaras,
Vilnius University and Vilnius Academy of Management, Discussant: Attila Ratfai
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Fiscal sustainability based on reaction function: Case study Romania, Andreea Stoian, Bucharest Academy of Economic Studies, Emilia Câmpeanu Bucharest
Academy of Economic Studies, and Mihai Roman,
Bucharest Academy of Economic Studies, Discussant:
Roswitha M. King
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Parallel Session 5C: Financial Markets IV
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09:00-11:00 (LECTURE ROOM: Α 2-3)
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Chair: Emmanuel C. Mamatzakis
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Estimating the equilibrium exchange rate for the potential EMU:
Evidence from the Cyprus Pound/Euro exchange rate, Theodora Fyssouni, The Philips College, Avo Kazadjian, The Philips
College, Georgios
P. Kouretas, University of Crete & AUEB,
and Konstantina Siakalli,
The Philips College, Discussant: Emmanuel C. Mamatzakis
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Forecasting exchange rates of major currencies with long maturity
forward rates, Zsolt Darvas, Corvinus University of Budapest, and Zoltán
Schepp, University
of Pécs,
Discussant: Alexandros
Kontonikas
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Asymmetric Volatility Spillovers between Stock Market and Real
Activity: Evidence from UK and US, Nikolaos Giannellis, University of Crete, and Athanasios P.
Papadopoulos, University of Crete, Discussant: Zoltan
Schepp
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Market- implied loss preferences for the G10 forward exchange rates, George A. Christodoulakis,
University of Macedonia,
and Emmanuel C. Mamatzakis, University of Macedonia,
Discussant: Nikolaos
Giannellis
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Parallel Session 5D: Macroeconomic Theory and Policy
II
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09:00-11:00 (LECTURE ROOM: Α 2-2)
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Chair: Riccardo Calcagno
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The effectiveness of the Maastricht
Treaty and the Stability and Growth Pact: Evidence from the OECD, Marcos Ribeiro-Poplawski,
University of Amsterdam and Tinbergen
Institute, Discussant: Riccardo Calcagno
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Fiscal institutions, fiscal policy and sovereign risk premia, Mark Hallerberg, Emory University, Deutsche Bundesbank, Guntram B. Wolff,
University of Bonn, UCIS-University of Pittsburgh, Discussant: Marcos Ribeiro-Poplawski
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Estimating Time-Varying Policy Neutral Rate in Real Time, Roman Horváth,
Czech National Bank and Institute of Economic Studies, Charles University, Discussant: Guntram B. Wolff
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A theoretical framework to analyse the
effects of the Severance Pay reform on credits to firms in Italy, Riccardo Calcagno, Roman Kräussl, Vrije Universiteit Amsterdam,
and Chiara Monticone, Vrije Universiteit Amsterdam, CeRP and University of Torino, Discussant:
Roman Horváth
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11:00-11:30 COFFEE BREAK
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INVITED LECTURE - THE UNIVERSITY OF CRETE
/ PLENARY SESSION
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11:30-13:00 (LECTURE ROOM: Δ 6)
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Chair: George Kouretas
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Michael Melvin,
Barclays Global Investors: The Euro :
Learning and Trading
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13:00-14:00 LUNCH BREAK
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KEYNOTE SPEECH - THE BANK OF GREECE / PLENARY SESSION
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14:00-15:30 (LECTURE ROOM: Δ 6)
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Chair: Athanasios Papadopoulos
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Andrew Scott,
London
Business School
& CEPR:
The Dynamics of Trade and Competition
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15:30-16:00 COFFEE BREAK
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Session 6A: Growth and Development
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16:00-18:00 (LECTURE ROOM: Α 2-2)
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Chair: Chris Tsoumas
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Financial Structure and
Economic Growth,
Stella Michopoulou, University of Athens, Discussant:
Chris Tsoumas
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Education, Skill-Biased Technological Adoption and Productivity:Theory
and Evidence from U.S. States, Susana Iranzo, University of Sydney, Giovanni
Peri, University of California, Davis and NBER, Discussant:
Stella Michopoulou
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Financial System Structure, Change and Convergence: Evidence from the O.E.C.D. Countries, Angelos A. Antzoulatos, University of Piraeus, John Thanopoulos, University of Piraeus, Chris Tsoumas, University of Piraeus, Discussant: Susana Iranzo
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Session 6B: Exchange Rates and Currency Markets III
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16:00-18:00 (LECTURE ROOM: Α 2-3)
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Chair: Pierre Siklos
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Is the Euro/Dollar exchange rate explained from synthetic European
pre-EMU data? A switching regime approach, Dimitrios A. Georgoutsos, Athens University of Economics and Business,
George Kouretas, University of Crete & AUEB, Discussant: Pierre Siklos
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Foreign Exchange Intervention and Equilibrium Real Exchange Rates, Dimitrios A. Sideris, University
of Ioannina,
Discussant: Brahim
Razgallah
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Was the Scandinavian Monetary Union
an Optimum Currency Area? A Generalised Purchasing-Power Parity
Approach, Brahim Razgallah, Arab
Monetary Fund & University Panthéon-Assas,
Paris II, Discussant: Dimitris
Sideris
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Measuring the Impact of Intervention on Exchange Market Pressure, Pierre Siklos, Wilfrid Laurier University
and Viessmann European Research Centre, and Diana Weymark Vanderbilt University,
Discussant: Alberto Montagnoli
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Session 6C: Macroeconomic Theory and Policy III
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16:00-18:00 (LECTURE ROOM: Α 3-2)
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Chair: Richard Jong-A-Pin
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International Finance and Income Convergence: Europe
is Different, Abdul Abiad, International Monetary Fund, Daniel Leigh,
International Monetary Fund, and Ashoka Mody, International Monetary Fund, Discussant: Richard Jong-A-Pin
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Monetary Policy Inertia or Persistent Shocks?, Julio Carrillo, University of Toulouse,
Patrick Fève University of Toulouse, and Julien Matheron, Banque de France, Discussant:
Abdul Abiad
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Do IMF and World Bank programs induce
government crises? An empirical analysis, Axel Dreher, ETH
Zurich, Martin Gassebner ETH Zurich, and Richard Jong-A-Pin, University of Groningen, Discussant: Julio Carrillo
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Session 6D: Emerging Markets
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16:00-18:00 (LECTURE ROOM: Α 3-3)
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Chair: Moise Sidiropoulos
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Deja vu also in Serbia: problems of targeting, Kosta Josifidis, Novi Sad Faculty of Economics, Subotica, Emilija Beker, Novi Sad Faculty of Economics, Subotica,
Discussant: Moise
Sidiropoulos
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Germany, US and Central Eastern European Stock Market Integration, Georgios P. Kouretas, University of Crete
& AUEB, and Manolis
N. Syllignakis, Athens University of Economics and
Business, Discussant: Kosta Josifidis
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Are the New Member States Converging on the Eurozone?
A Business Cycle Analysis for Economies in Transition, Andrew Hughes Hallett,
George Mason University and CEPR, and Christian R.
Richter, Loughborough University and Robert Holzmann Institute, Discussant:
Manolis N. Syllignakis
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Finance-Growth Nexus in Sudan: Empirical Assessment Based on an
Application of the Autoregressive Distributed Lag (ARDL)
Model,
Sufian Eltayeb Mohamed,
Aristotle University of Thessaloniki, and Moise Sidiropoulos, Aristotle University of Thessaloniki
and BETA-Theme, University of
Strasbourg, Discussant: Christian R.
Richter
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18:30 SHORT EXCURSION AND DINNER AT A TRADITIONAL
VILLAGE
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