Money, Macro and Finance Conference, 2012

Summary of All Sessions

Click here for an index of all participants

#Date/TimeLocationTypeTitlePapers
1September 6, 2012
14:45-16:15
Emmet Theatre contributed Monetary Policy Decision-Making4
2September 6, 2012
14:45-16:15
Swift Theatre contributed International Capital Flows3
3September 6, 2012
14:45-16:15
Uí Chadhain Theatre contributed Asset Prices4
4September 6, 2012
14:45-16:15
Long Room Hub contributed Fiscal Policy4
5September 6, 2012
14:45-16:15
Synge Theatre contributed Forecasting4
6September 6, 2012
16:30-18:15
Emmet Theatre contributed Optimal Policy in New Keynesian Models4
7September 6, 2012
16:30-18:00
Swift Theatre contributed Optimal Financial Contracts4
8September 6, 2012
16:30-18:00
Uí Chadhain Theatre contributed Economic Growth and Development4
9September 6, 2012
16:30-18:15
Synge Theatre contributed Asset Price Dynamics5
10September 6, 2012
16:30-18:00
Long Room Hub contributed Credit Crises4
11September 7, 2012
10:45-12:25
Emmet Theatre contributed Central Banking5
12September 7, 2012
10:45-12:25
Synge Theatre contributed The Labour Market5
13September 7, 2012
10:45-12:15
Swift Theatre contributed Liquidity in Financial Markets4
14September 7, 2012
10:45-12:15
Room 3071 contributed International Relative Prices4
15September 7, 2012
10:45-12:15
Long Room Hub contributed Empirical Analysis of Risk Premia4
16September 7, 2012
13:15-14:45
Emmet Theatre contributed DSGE Models and Collateral Constraints4
17September 7, 2012
13:15-14:45
Synge Theatre contributed Monetary Policy 4
18September 7, 2012
13:15-14:45
Swift Theatre contributed Empirical Modelling of Financial Contagion4
19September 7, 2012
13:15-14:45
Room 3071 contributed Consumption4
20September 7, 2012
13:15-14:45
Long Room Hub invited GDRE Session (Banking and Corporate Governance)3
21September 7, 2012
16:30-18:15
Emmet Theatre contributed International Transmission of Shocks4
22September 7, 2012
16:30-18:00
Synge Theatre contributed Asset Returns and the Real Economy4
23September 7, 2012
16:30-18:15
Swift Theatre contributed Optimal Portfolio Allocation4
24September 7, 2012
16:30-18:00
Room 3071 contributed Sovereign Default3
25September 7, 2012
16:30-18:15
Long Room Hub contributed Econometric Modelling (Journal of Applied Econometrics Session)4
26September 8, 2012
10:30-12:00
Emmet Theatre contributed Total Factor Productivity4
27September 8, 2012
10:30-12:00
Synge Theatre contributed Capital Structure of Firms3
28September 8, 2012
10:30-12:00
Swift Theatre contributed The New Keynesian Model4
29September 8, 2012
10:30-12:00
Uí Chadhain Theatre contributed Banking and Market Power3
30September 8, 2012
10:30-12:00
Long Room Hub contributed Empirical Evidence on Inflation4
 

30 sessions, 118 papers, and 0 presentations with no associated papers


 

Money, Macro and Finance Conference, 2012

Complete List of All Sessions


  Session 1: Monetary Policy Decision-Making

Session type: contributed
Date: September 6, 2012
Time: 14:45 - 16:15
Location: Emmet Theatre
 

Influence and Interactions in Monetary Policy Committees.
By Arnab Bhattacharjee; University of Dundee
Sean Holly; Cambridge University
   Presented by: Sean Holly, Cambridge University
 

Behind closed doors: Revealing the ECB’s Decision Rule
By Bernd Hayo; Philipps-University Marburg
   Presented by: Bernd Hayo, Philipps-University Marburg
 

First Impressions Matter: Signalling as a Source of Policy Dynamics
By Stephen Hansen; Pompeu Fabra
Michael McMahon; University of Warwick
   Presented by: Michael McMahon, University of Warwick
 

How Transparent Should a Central Bank be? An Agent-Based Model Assessment
By Isabelle Salle; Université Bordeaux IV
Marc-Alexandre Senegas; University Bordeaux IV
Murat Yildizoglu; Université Bordeaux IV
   Presented by: Marc-Alexandre Senegas, University Bordeaux IV

  Session 2: International Capital Flows

Session type: contributed
Date: September 6, 2012
Time: 14:45 - 16:15
Location: Swift Theatre
 

Current Account Norms in Natural Resource Rich and Capital Scarce Economies
By Bin Li; International Monetary Fund
   Presented by: Bin Li, International Monetary Fund
 

The Global Savings Glut, Corporate Savings and the Role of Share Repurchases
By Sebastian Jauch; Ludwig-Maximilians-Universität München
   Presented by: Sebastian Jauch, Ludwig-Maximilians-Universität München
 

Investigating Global Imbalances - Empirical Evidence from a GVAR Approach
[slides]
By Timo Bettendorf; University of Kent
   Presented by: Timo Bettendorf, University of Kent

  Session 3: Asset Prices

Session type: contributed
Date: September 6, 2012
Time: 14:45 - 16:15
Location: Uí Chadhain Theatre
 

In Search of a Riskless Asset
By Vladimir Yankov; Boston University
   Presented by: Vladimir Yankov, Boston University
 

Depression fears: Robust valuation with growth and volatility regimes
By Xiaoyu Shen; VU University Amsterdam
   Presented by: Xiaoyu Shen, VU University Amsterdam
 

Asset Price Bubbles in the Kiyotaki-Moore Model
By Tomohiro Hirano; The University of Tokyo
Masaru Inaba; Kansai University
   Presented by: Masaru Inaba, Kansai University
 

Stealing and Empire Building Decisions in Investment and Asset Prices
By Kaipichit Ruengsrichaiya; EDHEC
   Presented by: Kaipichit Ruengsrichaiya, EDHEC

  Session 4: Fiscal Policy

Session type: contributed
Date: September 6, 2012
Time: 14:45 - 16:15
Location: Long Room Hub
 

Optimal fiscal policy in the face of oil windfalls and other known unknowns
By Lavan Mahadeva; Oxford University
   Presented by: Lavan Mahadeva, Oxford University
 

Monetary Policy and Fiscal Limits with No-Default
By Baruch Gliksberg; University of Haifa
   Presented by: Baruch Gliksberg, University of Haifa
 

A hands on approach to optimal budgetary policy
[slides]
By Jasper Lukkezen; CPB
Coen N. Teulings; CPB Netherlands Bureau for Economic Policy Analysis
   Presented by: Jasper Lukkezen, CPB
 

Even worse than you thought: The impact of government debt on aggregate investment and productivity
By Simone Salotti; National University of Galway, Ireland
Carmine Trecroci; University of Brescia
   Presented by: Simone Salotti, National University of Galway, Ireland

  Session 5: Forecasting

Session type: contributed
Date: September 6, 2012
Time: 14:45 - 16:15
Location: Synge Theatre
 

Disentangling Qualitative and Quantitative Central Bank Communication
By Paul Hubert; OFCE - SciencesPo
   Presented by: Paul Hubert, OFCE - SciencesPo
 

Announcements of Interest Rate Forecasts: Do Policymakers "Stick" to Them?
By Nikola Mirkov; University of St.Gallen
   Presented by: Nikola Mirkov, University of St.Gallen
 

Forecasting the term structure of UK government bond yields when short term interest rates are near the zero lower bound
By James Steeley; Aston University
   Presented by: James Steeley, Aston University
 

Adaptive Forecasting in the Presence of Recent and Ongoing Structural Change
By Simon Price; Bank of England
   Presented by: Simon Price, Bank of England

  Session 6: Optimal Policy in New Keynesian Models

Session type: contributed
Date: September 6, 2012
Time: 16:30 - 18:15
Location: Emmet Theatre
 

Optimal Policy and the Sectoral Composition of Output in a New Keynesian Model
By Vahagn Galstyan; Trinity College Dublin
Michael Wycherley; Trinity College
   Presented by: Vahagn Galstyan, Trinity College Dublin
 

Leaning against the wind but how? Monetary policy versus macroprudential measures
By Gulcin Ozkan; University of York
Filiz Unsal; International Monetary Fund
   Presented by: Gulcin Ozkan, University of York
 

The optimal inflation rate revisited
By Nicola Acocella; University of Rome
Giovanni Di Bartolomeo; University of Teramo
Patrizio Tirelli; Universita degli Studi Milano Bicocca
   Presented by: Giovanni Di Bartolomeo, University of Teramo
 

Positive Inflation Targets and Welfare: The Short and the Long Run
By Katrin Heinrichs; FernUniversität Hagen
   Presented by: Katrin Heinrichs, FernUniversität Hagen

  Session 7: Optimal Financial Contracts

Session type: contributed
Date: September 6, 2012
Time: 16:30 - 18:00
Location: Swift Theatre
 

Reverse trade credit or default risk? Explaining the use of prepayments by firms
By Simona Mateut; University of Nottingham
   Presented by: Simona Mateut, University of Nottingham
 

Optimal Financial Contracting in Strategic Alliances
By Jieying Hong; Universite Toulouse 1
   Presented by: Jieying Hong, Universite Toulouse 1
 

Gains and Payments of Mergers and Acquisitions:Further Evidence from the UK
By Mo Sherif; Heriot-Watt University
   Presented by: Mo Sherif, Heriot-Watt University
 

On the Disciplining Effect of Short-Term Debt in a Currency Crisis
By Takeshi Nakata; Niigata University
   Presented by: Takeshi Nakata, Niigata University

  Session 8: Economic Growth and Development

Session type: contributed
Date: September 6, 2012
Time: 16:30 - 18:00
Location: Uí Chadhain Theatre
 

An Adjustment Cost Model of Distributional Dynamics
By Parantap Basu; Department of Economics and Finance
   Presented by: Parantap Basu, Department of Economics and Finance
 

An Experimental AK Model of Growth
By Ferruccio Ponzano; University of Eastern Piedmont
Roberto Ricciuti; University of Verona
   Presented by: Roberto Ricciuti, University of Verona
 

Social Infrastructure and the Preservation of Physical Capital: Equilibria and Transitional Dynamics
By Tiago Sequeira; Univ. Beira Interior
Orlando Gomes; ISCAL
Alexandra Ferreira-Lopes; ISCTE - IUL (University Institute of Lisbon)
   Presented by: Alexandra Ferreira-Lopes, ISCTE - IUL (University Institute of Lisbon)
 

Financial Development and Growth in Financially Open Economies
By Alessandra Dal Colle; Banca Prossima
   Presented by: Alessandra Dal Colle, Banca Prossima

  Session 9: Asset Price Dynamics

Session type: contributed
Date: September 6, 2012
Time: 16:30 - 18:15
Location: Synge Theatre
 

Excess Financing, Government, and Asset Bubbles
By Viktar Fedaseyeu; Bocconi University
Vitaliy Strohush
   Presented by: Viktar Fedaseyeu, Bocconi University
 

Single-bank proprietary platforms
By Luca Gelsomini; IESEG School of Management (CNRS-LEM)
Jonathan Cave; University of Warwick; RAND Europe
   Presented by: Luca Gelsomini, IESEG School of Management (CNRS-LEM)
 

Oil price dynamics, macro-finance interactions and the role of financial speculation
By Claudio Morana; Department of Economics
   Presented by: Claudio Morana, Department of Economics
 

Speculation and the Integration of Financial Markets
By Joerg Rieger; University of Heidelberg
   Presented by: Joerg Rieger, University of Heidelberg
 

Asset Bubbles and Bailout
By Tomohiro Hirano; The University of Tokyo
Noriyuki Yanagawa; University of Tokyo
   Presented by: Tomohiro Hirano, The University of Tokyo

  Session 10: Credit Crises

Session type: contributed
Date: September 6, 2012
Time: 16:30 - 18:00
Location: Long Room Hub
 

Liquidity Shocks, Bank Balance Sheets, and International Lending: Evidence from the 2007-08 Crisis
By Camelia Minoiu; International Monetary Fund
Tumer Kapan; Fannie Mae
   Presented by: Camelia Minoiu, International Monetary Fund
 

Deleveraging the banking system after a crisis — Lessons from a small open economy
By Jane Kelly; Central Bank of Ireland
Reamonn Lydon; Central Bank of Ireland
   Presented by: Jane Kelly, Central Bank of Ireland
 

Euro area inflation expectations and the role of money during the financial crisis
By Petros Migiakis; Bank of Greece
   Presented by: Petros Migiakis, Bank of Greece
 

Do Banks Lend Less in Uncertain Times?
By Johann Scharler; University of Innsbruck
Friedrich Sindermann; University of Innsbruck
   Presented by: Friedrich Sindermann, University of Innsbruck

  Session 11: Central Banking

Session type: contributed
Date: September 7, 2012
Time: 10:45 - 12:25
Location: Emmet Theatre
 

The ECB's non-standard monetary policy measures: the role of institutional factors and financial structure
By Bernhard Winkler; European Central Bank
   Presented by: Bernhard Winkler, European Central Bank
 

The past, present and future of central banking
By David Cobham; Heriot-Watt University
   Presented by: David Cobham, Heriot-Watt University
 

The British Opt-Out from the European Monetary Union: Empirical Evidence from Monetary Policy Rules
By Stefano d'Addona; University of Rome 3
Ilaria Musumeci; University of Rome 3
   Presented by: Stefano d'Addona, University of Rome 3
 

The Impact of the Basel III Liquidity Standards on the Implementation of Monetary Policy
By Stefan Schmitz; OeNB
   Presented by: Stefan Schmitz, OeNB
 

Bank of England monetary operations with interest on reserves
By John Whittaker; Lancaster University
   Presented by: John Whittaker, Lancaster University

  Session 12: The Labour Market

Session type: contributed
Date: September 7, 2012
Time: 10:45 - 12:25
Location: Synge Theatre
 

Wage rigidities in an estimated DSGE model of the UK labour market
By Francesco Zanetti; Bank of England
Stephen Millard; Bank of England
Renato Faccini; Queen Mary, University of London
   Presented by: Stephen Millard, Bank of England
 

Optimal Unemployment Insurance with Endogenous UI Eligibility
By Min Zhang; Shanghai University of Finance and Economics
   Presented by: Min Zhang, Shanghai University of Finance and Economics
 

The relationship between output and unemployment in France and United Kingdom
By Gaetan STEPHAN; University of Rennes 1
   Presented by: Gaetan STEPHAN, University of Rennes 1
 

The Parent Trap: Dual Earner Households and the Cycle
By Monique Ebell; London School of Economics and Humboldt
   Presented by: Monique Ebell, London School of Economics and Humboldt
 

Why Is The U.S. Labor Share So Stable Over Time?
By Clemens Struck; TCD
   Presented by: Clemens Struck, TCD

  Session 13: Liquidity in Financial Markets

Session type: contributed
Date: September 7, 2012
Time: 10:45 - 12:15
Location: Swift Theatre
 

Systematic and Liquidity Risk in Subprime Mortgage backed Securities
By Thomas Flavin; NUI Maynooth
   Presented by: Thomas Flavin, NUI Maynooth
 

Timing Asset Market Peaks: The Role of the Liquidity Risk Cycle of the Banking System
By Patrick Weber; EBS Business School
   Presented by: Patrick Weber, EBS Business School
 

Short-selling regulations and market liquidity: Evidence from Europe
By Giannoula Karamichailidou; The University of Auckland
   Presented by: Giannoula Karamichailidou, The University of Auckland
 

Ambiguity and rollover risk: a possible explanation for market freezes?
By Francesca Rinaldi; Banque de France
   Presented by: Francesca Rinaldi, Banque de France

  Session 14: International Relative Prices

Session type: contributed
Date: September 7, 2012
Time: 10:45 - 12:15
Location: Room 3071
 

The Law of One Price and the Role of Market Structure
By Mustafa Caglayan; University of Sheffield
Alpay Filiztekin; Sabanci University
   Presented by: Mustafa Caglayan, University of Sheffield
 

Testing the law of one price in retail banking: An analysis for Colombia using a pair-wise approach
By Ana Iregui; Banco de la Republica
Jesus Otero; Universidad del Rosario
   Presented by: Ana Iregui, Banco de la Republica
 

Oil price and U.S. dollar exchange rates dynamics
By Joscha Beckmann; University of Duisburg-Essen
Robert Czudaj; University of Duisburg-Essen
   Presented by: Joscha Beckmann, University of Duisburg-Essen
 

Exchange Rate Pass Through and the Macro Economic Determinants
By Dilshad Jahan; Heriot-Watt University
   Presented by: Dilshad Jahan, Heriot-Watt University

  Session 15: Empirical Analysis of Risk Premia

Session type: contributed
Date: September 7, 2012
Time: 10:45 - 12:15
Location: Long Room Hub
 

Understanding Asset Correlations
By Dominic Burkhardt; University of Zurich / Swiss Finance Institute
Henrik Hasseltoft; University of Zurich/Swiss Finance Institute
   Presented by: Dominic Burkhardt, University of Zurich / Swiss Finance Institute
 

Understanding the Risk Underlying the U.S. Subprime Mortgage-Backed Securities Market
By Lisa Sheenan; National University of Ireland, Maynooth
   Presented by: Lisa Sheenan, National University of Ireland, Maynooth
 

Macro determinants of U.S. stock market risk premia: A factor analysis approach
By Fabian Baetje; Leibniz University of Hannover
   Presented by: Fabian Baetje, Leibniz University of Hannover
 

What Drives Currency Predictability?
By Valerio Poti
Akhtar Siddique; Dept of Treasury
   Presented by: Valerio Poti, Dublin City University

  Session 16: DSGE Models and Collateral Constraints

Session type: contributed
Date: September 7, 2012
Time: 13:15 - 14:45
Location: Emmet Theatre
 

Asset Prices, Collateral und Unconventional Monetary Policy in a DSGE-Model
[slides]
By Josef Hollmayr; Goethe University Frankfurt
   Presented by: Josef Hollmayr, Goethe University Frankfurt
 

Financial Frictions and Inflation Differentials in a Monetary Union
By Nikolay Hristov; ifo Institute Munich
   Presented by: Nikolay Hristov, ifo Institute Munich
 

A DSGE-Based Assessment of Nonlinear Loan-to-Value Policies: Evidence from Hong Kong
By Michael Paetz; Hamburg University
   Presented by: Michael Paetz, Hamburg University
 

Occasionally binding credit constraints
By Michał Brzoza-Brzezina; National Bank of Poland
Marcin Kolasa; National Bank of Poland
Krzysztof Makarski; National Bank of Poland
   Presented by: Krzysztof Makarski, National Bank of Poland

  Session 17: Monetary Policy

Session type: contributed
Date: September 7, 2012
Time: 13:15 - 14:45
Location: Synge Theatre
 

Measuring the Policymaker’s Credibility: The Bank of England in 'nice' and 'not-so-nice' times
By Iris Biefang-Frisancho Mariscal; UWE Bristol
Woon Wong; UWE Bristol
Peter Howells; UWE Bristol
   Presented by: Peter Howells, UWE Bristol
 

Believe It or Not: Taylor Rule Uncertainty
By Andrea Buraschi; Imperial College / Chicago Booth
Andrea Carnelli; Imperial College London
Paul Whelan; Imperial College London
   Presented by: Andrea Carnelli, Imperial College London
 

Globalisation, Monetary Policy and the Yield Curve
By Niall Mc Inerney; NUI Galway
   Presented by: Niall Mc Inerney, NUI Galway
 

Financial Crises, Money and Inflation
By Samuel Reynard; Swiss National Bank
   Presented by: Samuel Reynard, Swiss National Bank

  Session 18: Empirical Modelling of Financial Contagion

Session type: contributed
Date: September 7, 2012
Time: 13:15 - 14:45
Location: Swift Theatre
 

Deciphering financial contagion in the euro area during the crisis
By Sebastien Walti; Swiss National Bank
   Presented by: Sebastien Walti, Swiss National Bank
 

Measuring Financial Contagion with Extreme Coexceedances
By Apostolos Thomadakis; University of Surrey
   Presented by: Apostolos Thomadakis, University of Surrey
 

Range-based Analysis of Volatility Spillovers in European Financial Markets
By Lena Golubovskaja; NUI Maynooth
   Presented by: Lena Golubovskaja, NUI Maynooth
 

Dynamic Stock Market Covariances in the Eurozone
By Gregory Connor; Department of Economics
Anita Suurlaht; NUI Maynooth
   Presented by: Anita Suurlaht, NUI Maynooth

  Session 19: Consumption

Session type: contributed
Date: September 7, 2012
Time: 13:15 - 14:45
Location: Room 3071
 

What Drives Urban Consumption in Mainland China? The Role of Property Price Dynamics
By Michael Funke; University of Hamburg
   Presented by: Michael Funke, University of Hamburg
 

Housing Equity Withdrawal, Property Bubbles and Consumption
By Reamonn Lydon; Central Bank of Ireland
Niall O'Hanlon; Central Statistics Office
   Presented by: Reamonn Lydon, Central Bank of Ireland
 

Financial Literacy and Debt Literacy Amid The Poor
By Cherif DIAGNE; Audencia Nantes School of Management
   Presented by: Cherif DIAGNE, Audencia Nantes School of Management
 

Consumption in Ireland: Evidence from the Household Budget Survey
By Petra Gerlach-Kristen; Economic and Social Research Institute
   Presented by: Petra Gerlach-Kristen, Economic and Social Research Institute

  Session 20: GDRE Session (Banking and Corporate Governance)

Session Chair: Jean-Bernard Chatelain, University Paris I Pantheon Sorbonne
Session type: invited
Date: September 7, 2012
Time: 13:15 - 14:45
Location: Long Room Hub
 

Debt Restructuring: Evidence of French Households
By Henri Fraisse; Banque de France
Philippe Froute; Université de Paris-Est Créteil
   Presented by: Henri Fraisse, Banque de France
 

Calibrating Initial Shocks in Bank Stress Test Scenarios: An Outlier Detection Based Approach
By Olivier Darne; Universite Paris X - Nanterre
Guy Levy-Rueff; Banque de France
Adrian Pop; Institut d'Economie et de Management de Nantes -- IAE
   Presented by: Adrian Pop, Institut d'Economie et de Management de Nantes -- IAE
 

French Connection: Interlocking Directorates and the Ownership-Control Nexus in French CAC 40 Firms
By Tristan Auvray; University of Toulouse 1, IEP
Olivier Brossard; University of Toulouse 1, IEP
   Presented by: Tristan Auvray, University of Toulouse 1, IEP

  Session 21: International Transmission of Shocks

Session type: contributed
Date: September 7, 2012
Time: 16:30 - 18:15
Location: Emmet Theatre
 

Towards an Explanation of Cross-Country Asymmetries in Monetary Transmission
By Georgios Georgiadis; Goethe University Frankfurt
   Presented by: Georgios Georgiadis, Goethe University Frankfurt
 

Testing US and EA Monetary Coordination Using Indirect Inference
By Yuqun Hong; Cardiff University
   Presented by: Yuqun Hong, Cardiff University
 

Structural Breaks in International Inflation Linkages for OECD Countries
By Gantungalag Altansukh; The University of Manchester
Denise Osborn; University of Manchester
Ralf Becker; University of Manchester
George Bratsiotis; The University of Manchester
   Presented by: Gantungalag Altansukh, The University of Manchester
 

Trade, investment, and capital flows: Mexico's macroeconomic adjustment to the Great Recession
By Carlos Ibarra; Universidad de las Americas Puebla
   Presented by: Carlos Ibarra, Universidad de las Americas Puebla

  Session 22: Asset Returns and the Real Economy

Session type: contributed
Date: September 7, 2012
Time: 16:30 - 18:00
Location: Synge Theatre
 

Credit Spreads as Predictors of Economic Activity in Eight European Economies
By Michael Bleaney; University of Nottingham
Paul Mizen; University of Nottingham
veronica Veleanu; University of Nottingham
   Presented by: Paul Mizen, University of Nottingham
 

A Generalized Arbitrage-Free Nelson-Siegel Term Structure Model with Macroeconomic Fundamentals
By Canlin Li
Linlin Niu; Xiamen University
Gengming Zeng; Xiamen University
   Presented by: Linlin Niu, Xiamen University
 

Equity Returns and the Business Cycle: The Role of Supply and Demand Shocks
By Peter Smith; University of York
   Presented by: Peter Smith, University of York
 

The Central Bank as Shaper and Observer of Events: the Case of the Yield Spread
By Anna Florio; Politecnico di milano
   Presented by: Anna Florio, Politecnico di milano

  Session 23: Optimal Portfolio Allocation

Session type: contributed
Date: September 7, 2012
Time: 16:30 - 18:15
Location: Swift Theatre
 

Risk-sharing and probabilistic network structure
By Marco Pelliccia; Birkbeck College, University of London
   Presented by: Marco Pelliccia, Birkbeck College, University of London
 

Optimal Portfolio Allocation Decisions with Multivariate GARCH models
By Jose Luis Miralles-Marcelo; University of Extremadura
Jose Luis Miralles-Quiros; University of Extremadura
Maria del Mar Miralles-Quiros; University of Extremadura
   Presented by: Jose Luis Miralles-Quiros, University of Extremadura
 

Is Gold a Safe Haven for Equity Investors? A VAR-GARCH Analysis
By Ciara Morley; NUI Maynooth
   Presented by: Ciara Morley, NUI Maynooth
 

Spatial Dominance Testing for Dynamic Investment Appraisal: Testing Procedure and Empirical Application
By Minjoo Kim; University of Glasgow
   Presented by: Minjoo Kim, University of Glasgow

  Session 24: Sovereign Default

Session type: contributed
Date: September 7, 2012
Time: 16:30 - 18:00
Location: Room 3071
 

Euro Area Sovereign Debt Crisis: Can Contagion Spread from the Periphery to the Core?
By Denis Gorea; Goethe University Frankfurt
Deyan Radev; Johannes Gutenberg University Mainz
   Presented by: Denis Gorea, Goethe University Frankfurt
 

Euro at Risk: The Impact of Member Countries’ Credit Risk on the Stability of the Common Currency
By Lamia Bekkour; Luxembourg School of Finance
Xisong Jin; University of Luxembourg
Thorsten Lehnert; University of Luxembourg
Fanou Rasmouki; Luxembourg School of Finance
Christian Wolff; University of Luxembourg
   Presented by: Fanou Rasmouki, Luxembourg School of Finance
 

Sovereign Default and Macroeconomic Tipping Points
By Mark Joy; Central Bank of Ireland
   Presented by: Mark Joy, Central Bank of Ireland

  Session 25: Econometric Modelling (Journal of Applied Econometrics Session)

Session type: contributed
Date: September 7, 2012
Time: 16:30 - 18:15
Location: Long Room Hub
 

The Good, The Bad and The Impaired: A Credit Risk Model of the Irish Mortgage
By Robert Kelly; Central Bank of Ireland
   Presented by: Robert Kelly, Central Bank of Ireland
 

The price discovery function of agricultural commodities - Evidence from smooth transition regressions
By Joscha Beckmann; University of Duisburg-Essen
Robert Czudaj; University of Duisburg-Essen
   Presented by: Joscha Beckmann, University of Duisburg-Essen
 

Estimation of state space models with skewed shocks
By Greg Koloch; National Bank of Poland
   Presented by: Greg Koloch, National Bank of Poland
 

Nonlinear Adjustment in Korean Real Stock Prices
By Jahyun Koo; Bank of Korea
   Presented by: Jahyun Koo, Bank of Korea

  Session 26: Total Factor Productivity

Session type: contributed
Date: September 8, 2012
Time: 10:30 - 12:00
Location: Emmet Theatre
 

R&D Expenditures and the Global Diversification of Export Sales
By Christopher Baum; Boston College
Mustafa Caglayan; University of Sheffield
Oleksandr Talavera; Durham University
   Presented by: Mustafa Caglayan, University of Sheffield
 

Finance and Productivity Growth: Firm-level Evidence
[slides]
By Oliver Levine; University of Wisconsin-Madison
Missaka Warusawitharana; Board of Governors of the Federal Reserve System
   Presented by: Missaka Warusawitharana, Board of Governors of the Federal Reserve System
 

R&D, Financial Development and the Volatility Divergence
By Shalini Mitra; University of Liverpool
   Presented by: Shalini Mitra, University of Liverpool
 

The effect of the financial crisis on TFP growth: A general equilibrium approach
By Stephen Millard; Bank of England
Anamaria Nicolae; University of Durham
   Presented by: Stephen Millard, Bank of England

  Session 27: Capital Structure of Firms

Session type: contributed
Date: September 8, 2012
Time: 10:30 - 12:00
Location: Synge Theatre
 

Why firms in the UK issue equity
By Xin Qian; University of Birmingham
   Presented by: Xin Qian, University of Birmingham
 

The macro-determinants of private equity investment: a European comparison
By Roberta Colavecchio; Hamburg University
   Presented by: Roberta Colavecchio, Hamburg University
 

Equity ownership and capital structure determinants: A study of New Zealand-listed firms
By Fitriya Fauzi; the University of Waikato
   Presented by: Fitriya Fauzi, the University of Waikato

  Session 28: The New Keynesian Model

Session type: contributed
Date: September 8, 2012
Time: 10:30 - 12:00
Location: Swift Theatre
 

Real Exchange Rate Volatility and Monetary Policy under Sticky Information
By Yingzhu Li; Nanyang Technological University
Joseph Alba; Nanyang Technological University
Wai Mun Chia; Nanyang Technological University
   Presented by: Yingzhu Li, Nanyang Technological University
 

Taylor rules, fear of floating and the role of the exchange rate in monetary policy: a case of observational equivalence
By Juan Paez-Farrell; Loughborough University
   Presented by: Juan Paez-Farrell, Loughborough University
 

What happens behind the New Keynesian IS? Technical notes
By Roberto Tamborini; University of Trento
   Presented by: Roberto Tamborini, University of Trento
 

Which Parameters Drive Approximation Inaccuracies?
By Sebastian Sienknecht; Friedrich-Schiller-University Jena
   Presented by: Sebastian Sienknecht, Friedrich-Schiller-University Jena

  Session 29: Banking and Market Power

Session type: contributed
Date: September 8, 2012
Time: 10:30 - 12:00
Location: Uí Chadhain Theatre
 

Financial Stability and Market power effects: Empirical evidence revisited
By Santiago Carbó-Valverde; University of Granada and Federal Reserve Bank of Chicago
Luis Pedauga; Universidad de Granada
Francisco Rodriguez-Fernandez; University of Granada
   Presented by: Luis Pedauga, Universidad de Granada
 

Bank competition in SME lending: new insights from bank
By Fergal McCann; Central Bank of Ireland
Tara McIndoe-Calder; Central Bank of Ireland
   Presented by: Fergal McCann, Central Bank of Ireland
 

Put Your Money where Your Mouth Is: An Equilibrium Model Relating Bank Scale to Bank Quality
By Tianxi Wang; University of Essex
   Presented by: Tianxi Wang, University of Essex

  Session 30: Empirical Evidence on Inflation

Session type: contributed
Date: September 8, 2012
Time: 10:30 - 12:00
Location: Long Room Hub
 

On the Non-linear Relationship between Inflation and Economic Growth
By Muhammad Khan; Unviersite D'Orleans
   Presented by: Muhammad Khan, Unviersite D'Orleans
 

Inflation, Crisis and Money
By Yue Kang; Heriot-Watt University
   Presented by: Yue Kang, Heriot-Watt University
 

UK Macroeconomic Volatility and the Welfare Costs of Inflation
By Vito Polito; Cardiff University
   Presented by: Vito Polito, Cardiff University
 

What Matters for the Sacrifice Ratio?
By Anamaria Nicolae; University of Durham
   Presented by: Anamaria Nicolae, University of Durham
 

30 sessions, 118 papers, and 0 presentations with no associated papers
 
Index of Participants

Legend: C=chair, P=Presenter, D=Disscussant
#ParticipantRoles in Conference
1Altansukh, GantungalagP21
2Auvray, TristanP20
3Baetje, FabianP15
4Basu, ParantapP8
5Beckmann, JoschaP14, P25
6Bettendorf, TimoP2
7Burkhardt, DominicP15
8Caglayan, MustafaP26
9Caglayan, MustafaP14
10Carnelli, AndreaP17
11Chatelain, Jean-BernardC20
12Cobham, DavidP11
13Colavecchio, RobertaP27
14d'Addona, StefanoP11
15Dal Colle, AlessandraP8
16Di Bartolomeo, GiovanniP6
17DIAGNE, CherifP19
18Ebell, MoniqueP12
19Fauzi, FitriyaP27
20Fedaseyeu, ViktarP9
21Ferreira-Lopes, AlexandraP8
22Flavin, ThomasP13
23Florio, AnnaP22
24Fraisse, HenriP20
25Funke, MichaelP19
26Galstyan, VahagnP6
27Gelsomini, LucaP9
28Georgiadis, GeorgiosP21
29Gerlach-Kristen, PetraP19
30Gliksberg, BaruchP4
31Golubovskaja, LenaP18
32Gorea, DenisP24
33Hayo, BerndP1
34Heinrichs, KatrinP6
35Hirano, TomohiroP9
36Hollmayr, JosefP16
37Holly, SeanP1
38Hong, YuqunP21
39Hong, JieyingP7
40Howells, PeterP17
41Hristov, NikolayP16
42Hubert, PaulP5
43Ibarra, CarlosP21
44Inaba, MasaruP3
45Iregui, AnaP14
46Jahan, DilshadP14
47Jauch, SebastianP2
48Joy, MarkP24
49Kang, YueP30
50Karamichailidou, GiannoulaP13
51Kelly, RobertP25
52Khan, MuhammadP30
53Kim, MinjooP23
54Koloch, GregP25
55Koo, JahyunP25
56Li, BinP2
57Li, YingzhuP28
58Lukkezen, JasperP4
59Lydon, ReamonnP19
60Mahadeva, LavanP4
61Makarski, KrzysztofP16
62Mateut, SimonaP7
63Mc Inerney, NiallP17
64McCann, FergalP29
65McMahon, MichaelP1
66Migiakis, PetrosP10
67Millard, StephenP12, P26
68Minoiu, CameliaP10
69Miralles-Quiros, Jose LuisP23
70Mirkov, NikolaP5
71Mitra, ShaliniP26
72Mizen, PaulP22
73Morana, ClaudioP9
74Morley, CiaraP23
75Nakata, TakeshiP7
76Nicolae, AnamariaP30
77Niu, LinlinP22
78Ozkan, GulcinP6
79Paetz, MichaelP16
80Paez-Farrell, JuanP28
81Pedauga, LuisP29
82Pelliccia, MarcoP23
83Polito, VitoP30
84Pop, AdrianP20
85Poti, ValerioP15
86Price, SimonP5
87Qian, XinP27
88Rasmouki, FanouP24
89Reynard, SamuelP17
90Ricciuti, RobertoP8
91Rieger, JoergP9
92Rinaldi, FrancescaP13
93Ruengsrichaiya, KaipichitP3
94Salotti, SimoneP4
95Schmitz, StefanP11
96Senegas, Marc-AlexandreP1
97Sheenan, LisaP15
98Shen, XiaoyuP3
99Sherif, MoP7
100Sienknecht, SebastianP28
101Sindermann, FriedrichP10
102Smith, PeterP22
103Steeley, JamesP5
104STEPHAN, GaetanP12
105Struck, ClemensP12
106Suurlaht, AnitaP18
107Tamborini, RobertoP28
108Thomadakis, ApostolosP18
109Walti, SebastienP18
110Wang, TianxiP29
111Warusawitharana, MissakaP26
112Weber, PatrickP13
113Whittaker, JohnP11
114Winkler, BernhardP11
115Yankov, VladimirP3
116Zhang, MinP12

 

This program was last updated on 2013-02-27 19:12:45 EDT