| June 5, 2015 | |
|---|---|
| 11:00 to 19:00 | Registration, Hall outside HS B |
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| 11:30 to 12:30 | NOeG Board Meeting (by invitation), Room E0.05 |
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| 12:45 to 13:45 | Keynote Lecture I , Lecture Hall HS B |
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| 14:00 to 16:00 | Parallel Sessions - Friday Afternoon, Rooms E0.05/E1.05/E2.05/E2.37/E.2 42 |
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| 16:00 to 16:30 | Coffee Break, Hall outside HS B |
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| 16:30 to 17:30 | Keynote Lecture II, Lecture Hall HS B |
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| 18:00 to 20:30 | Panel Discussion & Young Economist Award, Lecture Hall HS B |
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| 20:30 to 22:00 | Reception , Hall outside HS B |
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| June 6, 2015 | |
| 08:30 to 14:00 | Registration, Hall outside HS B |
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| 09:00 to 11:00 | Parallel Sessions II, Rooms E0.05/E1.05/E2.05/E2.37/E.2 42 |
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| 11:00 to 11:30 | Coffee Break, Hall outside HS B |
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| 11:30 to 12:30 | Keynote Lecture III, Lecture Hall HS B |
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| 12:30 to 14:00 | Lunch Break, Hall outside HS B |
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| 13:00 to 14:00 | NOeG Members' Assembly, E0.05 |
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| 14:00 to 16:30 | Parallel Sessions III, Rooms E0.05/E1.05/E2.05/E2.37/E.2 42 |
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| Keynote Lecture I Lecture Hall HS B June 5, 2015 12:45 to 13:45 | |
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| Keynote Lecture I |
| Parallel Sessions - Friday Afternoon Rooms E0.05/E1.05/E2.05/E2.37/E.2 42 June 5, 2015 14:00 to 16:00 | |
|---|---|
| Euro Area Macroeconomics, E0.05 | |
| International Macroeconomics, E1.05 | |
| Microeconomics I, E2.05 | |
| Finance, E2.37 | |
| Regional Economics, E2.42 |
| Keynote Lecture II Lecture Hall HS B June 5, 2015 16:30 to 17:30 | |
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| Keynote Lecture II |
| Panel Discussion & Young Economist Award Lecture Hall HS B June 5, 2015 18:00 to 20:30 | |
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| Ewald Nowotny (Austrian National Bank); Peter Gauper (Raiffeisen Landesbank Kaernten); Willi Semmler (New School for Social Research, New York); Ansgar Belke (University of Duisburg-Essen); Thomas Gehrig (University of Vienna) |
| Parallel Sessions II Rooms E0.05/E1.05/E2.05/E2.37/E.2 42 June 6, 2015 09:00 to 11:00 | |
|---|---|
| Money and Finance, E0.05 | |
| Fiscal Policy I, E1.05 | |
| Microeconomics II, E2.05 | |
| Entrepreneurship, E2.37 | |
| Labor and Environmental Economics, E2.42 |
| Keynote Lecture III Lecture Hall HS B June 6, 2015 11:30 to 12:30 | |
|---|---|
| Keynote Lecture III |
| Parallel Sessions III Rooms E0.05/E1.05/E2.05/E2.37/E.2 42 June 6, 2015 14:00 to 16:30 | |
|---|---|
| Fiscal Policy II, E0.05 | |
| Topics in Economic Methods, E2.05 | |
| Empirical Economics, E2.42 |
Summary of All Sessions |
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Click here for an index of all participants |
| # | Date/Time | Location | Type | Title | Papers |
|---|---|---|---|---|---|
| 1 | June 5, 2015 14:00-16:00 | E0.05 | contributed | Euro Area Macroeconomics | 4 |
| 2 | June 5, 2015 14:00-16:00 | E1.05 | contributed | International Macroeconomics | 4 |
| 3 | June 5, 2015 14:00-16:00 | E2.05 | contributed | Microeconomics I | 4 |
| 4 | June 5, 2015 14:00-16:00 | E2.37 | contributed | Finance | 4 |
| 5 | June 5, 2015 14:00-16:00 | E2.42 | contributed | Regional Economics | 4 |
| 6 | June 6, 2015 9:00-11:00 | E0.05 | contributed | Money and Finance | 4 |
| 7 | June 6, 2015 9:00-11:00 | E1.05 | contributed | Fiscal Policy I | 4 |
| 8 | June 6, 2015 9:00-11:00 | E2.05 | contributed | Microeconomics II | 4 |
| 9 | June 6, 2015 9:00-11:00 | E2.37 | contributed | Entrepreneurship | 3 |
| 10 | June 6, 2015 9:00-11:00 | E2.42 | contributed | Labor and Environmental Economics | 4 |
| 11 | June 6, 2015 14:00-16:30 | E0.05 | contributed | Fiscal Policy II | 5 |
| 12 | June 6, 2015 14:00-16:30 | E2.05 | contributed | Topics in Economic Methods | 3 |
| 13 | June 6, 2015 14:00-16:30 | E2.42 | contributed | Empirical Economics | 5 |
| 14 | June 5, 2015 12:45-13:45 | HS B | invited | Keynote Lecture I | 1 |
| 15 | June 5, 2015 16:30-17:30 | HS B | invited | Keynote Lecture II | 1 |
| 16 | June 6, 2015 11:30-12:30 | HS B | invited | Keynote Lecture III | 1 |
16 sessions, 55 papers, and 0 presentations with no associated papers |
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|   |
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Annual Meeting of the Austrian Economic Association |
Detailed List of Sessions |
| Session 1: Euro Area Macroeconomics June 5, 2015 14:00 to 16:00 E0.05 |
|---|
| Session Chair: Susanne Maidorn, Austrian Fiscal Advisory Council |
| Session type: contributed |
| Business cycle convergence of the Western Balkans with the European Union |
| By Isabella Moder; Oesterreichische Nationalbank Antje Hildebrandt; Oesterreichische Nationalbank |
| Presented by: Isabella Moder, Oesterreichische Nationalbank |
| Combining country-specific forecasts when forecasting Euro area macroeconomic aggregates |
| By Jing Zeng; University of Konstanz |
| Presented by: Jing Zeng, University of Konstanz |
| Is Shadow Policy Rate a Valid Policy Stance Measure for the Euro Area and What Does It Tell Us? |
| By Milan Damjanović; Faculty of Economics, University of Ljubljana |
| Presented by: Milan Damjanović, Faculty of Economics, University of Ljubljana |
| Procyclicality of Trend TFP Reduces Revisions of Potential Output in the EC estimation |
| By Susanne Maidorn; Austrian Fiscal Advisory Council |
| Presented by: Susanne Maidorn, Austrian Fiscal Advisory Council |
| Session 2: International Macroeconomics June 5, 2015 14:00 to 16:00 E1.05 |
| Session Chair: Martin Falk, Austrian Institute of Economic Research |
| Session type: contributed |
| Current account and fiscal frameworks: the link between fiscal stringency and external balances |
| By Harald Badinger; Vienna University of Economics and Busin Aurélien Fichet de Clairfontaine; Vienna University of Economics Wolf Heinrich Reuter; Vienna University of Economics and Business |
| Presented by: Aurélien Fichet de Clairfontaine, Vienna University of Economics |
| Modeling the impact of FDI on output dynamics. Evidence from global vector autoregressions |
| By Florian Huber; Oesterreichische Nationalbank Manfred Fischer; Vienna University of Economics and Business Philipp Piribauer; Vienna University of Economics and Business |
| Presented by: Philipp Piribauer, Vienna University of Economics and Business |
| Global Oil Prices and Recessions: the Role of Nontradeables |
| By Makram Khalil; University of Vienna, Vienna Graduate School of Economics |
| Presented by: Makram Khalil, University of Vienna, Vienna Graduate School of Economics |
| The Importance of Market Novelties for Employment: A Comparative Study across 12 European Countries |
| [slides] |
| By Martin Falk; Austrian Institute of Economic Research |
| Presented by: Martin Falk, Austrian Institute of Economic Research |
| Session 3: Microeconomics I June 5, 2015 14:00 to 16:00 E2.05 |
| Session Chair: Manfred Nermuth, University of Vienna |
| Session type: contributed |
| Who gets high(er)? - Stakeholders in cannabis policy |
| By Ines Reith; University of Hamburg |
| Presented by: Ines Reith, University of Hamburg |
| Consumer Search with Observational Learning |
| By Daniel Garcia; University of Vienna Sandro Shelegia; University of Vienna |
| Presented by: Daniel Garcia, University of Vienna |
| Daddy months |
| By Volker Meier; University of Munich Helmut Rainer; Ifo Institute |
| Presented by: Volker Meier, University of Munich |
| How public funding of parties can lead to political polarization? |
| By Monika Köppl Turyna; Agenda Austria |
| Presented by: Monika Köppl Turyna, Agenda Austria |
| Session 4: Finance June 5, 2015 14:00 to 16:00 E2.37 |
| Session Chair: Martin Summer, Oesterreichische Nationalbank |
| Session type: contributed |
| The bank lending channel in monetary transmission in the euro area: evidence from Bayesian VAR analysis |
| [slides] |
| By Matteo Bondesan; Collegio Carlo Alberto |
| Presented by: Matteo Bondesan, Collegio Carlo Alberto |
| Negative Policy Rates, Banks' Behavior and Exchange Rates |
| By Anwar Khayat; Aix-Marseille University (Aix-Marseille School of Economics), CNRS & EHESS |
| Presented by: Anwar Khayat, Aix-Marseille University (Aix-Marseille School of Economics), CNRS & EHESS |
| The impact of full and incremental ACE systems on the cost of capital |
| By Tanja Kirn; University of Liechtenstein |
| Presented by: Tanja Kirn, University of Liechtenstein |
| Endogenous leverage and asset pricing in double auctions |
| By Martin Summer; Oesterreichische Nationalbank |
| Presented by: Martin Summer, Oesterreichische Nationalbank |
| Session 5: Regional Economics June 5, 2015 14:00 to 16:00 E2.42 |
| Session Chair: Klaus Weyerstrass, Institute for Advanced Studies |
| Session type: contributed |
| Determinants of "Life Satisfaction" among Young People in Carinthia |
| By Robert Klinglmair; Alpen-Adria-University Klagenfurt Stephanie Schoahs; Volkswirtschaftliche Gesellschaft Kärnten |
| Presented by: Robert Klinglmair, Alpen-Adria-University Klagenfurt |
| ThürReg – A project for the promotion of innovation an employment in Thuringia |
| [slides] |
| By Johannes Jaenicke |
| Presented by: Johannes Jaenicke, |
| The Long-lasting Shadow of the Allied Occupation of Austria on its Spatial Equilibrium |
| By Christoph Eder; Universität Innsbruck Martin Halla; University of Innsbruck |
| Presented by: Christoph Eder, Universität Innsbruck |
| Macroeconomic effects of Croatia's EU accession |
| [slides] |
| By Klaus Weyerstrass; Institute for Advanced Studies |
| Presented by: Klaus Weyerstrass, Institute for Advanced Studies |
| Session 6: Money and Finance June 6, 2015 9:00 to 11:00 E0.05 |
| Session Chair: Willi Semmler, New School NY, University of Bielefeld |
| Session type: contributed |
| The financial sector in a macroeconomic model |
| By Joern Kleinert; University of Graz |
| Presented by: Joern Kleinert, University of Graz |
| US business cycles and monetary policy: Evidence from a Markov Switching Factor Augmented VAR |
| By Florian Huber; Oesterreichische Nationalbank Manfred Fischer; Vienna University of Economics and Business |
| Presented by: Florian Huber, Oesterreichische Nationalbank |
| US Monetary Policy Cointegration with Endogenous Markov-Switching VECM Regimes |
| [slides] |
| By Giulia Ghiani; Politecnico di Milano Max Gillman; University of Missouri, St Louis Michal Kejak; CERGE-EI |
| Presented by: Max Gillman, University of Missouri, St Louis |
| Overleveraging in the Banking Sector: Evidence from Europe |
| By Willi Semmler; New School NY, University of Bielefeld |
| Presented by: Willi Semmler, New School NY, University of Bielefeld |
| Session 7: Fiscal Policy I June 6, 2015 9:00 to 11:00 E1.05 |
| Session Chair: Alfred Greiner, Bielefeld University |
| Session type: contributed |
| Optimal Rules for Fiscal Policy in an Estimated DSGE Model for the Slovenian Economy |
| By Andrej Kuštrin; Faculty of Economics, LU |
| Presented by: Andrej Kuštrin, Faculty of Economics, LU |
| Public Investment, Fiscal Rules, and Intergenerational Welfare |
| By Pedro Bom; University of Vienna |
| Presented by: Pedro Bom, University of Vienna |
| Collateral, liquidity and debt sustainability |
| By Stefan Niemann; University of Essex Paul Pichler; University of Vienna and Oesterreichische Nationalbank |
| Presented by: Paul Pichler, University of Vienna and Oesterreichische Nationalbank |
| Fiscal and monetary policy in a basic endogenous growth model |
| By Alfred Greiner; Bielefeld University |
| Presented by: Alfred Greiner, Bielefeld University |
| Session 8: Microeconomics II June 6, 2015 9:00 to 11:00 E2.05 |
| Session Chair: Manfred Nermuth, University of Vienna |
| Session type: contributed |
| On the Clock of the Combinatorial Clock Auction |
| By Maarten Janssen; University of Vienna Bernhard Kasberger; University of Vienna |
| Presented by: Bernhard Kasberger, University of Vienna |
| Entry and Shakeout in Dynamic Oligopoly |
| By Paul Huenermund; Centre for European Economic Research Philipp Schmidt-Dengler; University of Vienna Yuya Takahashi; Johns Hopkins University |
| Presented by: Philipp Schmidt-Dengler, University of Vienna |
| Loss Aversion, Inefficiencies and Policy Interventions |
| By Meng Li; Universidad Carlos III de Madrid |
| Presented by: Meng Li, Universidad Carlos III de Madrid |
| Non-Reservation Price Equilibria and Search Without Priors |
| By Anton Sobolev; University of Vienna |
| Presented by: Anton Sobolev, University of Vienna |
| Session 9: Entrepreneurship June 6, 2015 9:00 to 11:00 E2.37 |
| Session Chair: Dieter Bögenhold, Alpen-Adria Universität |
| Session type: contributed |
| Employment Effects of Innovation over the Business Cycle: Firm-Level Evidence from European Countries |
| By Bernhard Dachs; AIT Austrian Institute of Technology Martin Hud; ZEW Centre for European Economic Research |
| Presented by: Bernhard Dachs, AIT Austrian Institute of Technology |
| The potential importance of technology students at Alpen-Adria-University Klagenfurt for the regional labour market - Results of an empirical study |
| By Andrea Klinglmair |
| Presented by: Andrea Klinglmair, |
| Entrepreneurship and Gender – Profiles of Female Entrepreneurship in European Countries |
| By Dieter Bögenhold; Alpen-Adria Universität Andrea Klinglmair |
| Presented by: Dieter Bögenhold, Alpen-Adria Universität |
| Session 10: Labor and Environmental Economics June 6, 2015 9:00 to 11:00 E2.42 |
| Session Chair: Karl Steininger, University of Graz |
| Session type: contributed |
| Is there an added worker effect? – European labor supply during the crisis |
| By Florian Schoiswohl; Wirtschaftsuniversität Wien Aleksandra Riedl; Oesterreichische Nationalbank |
| Presented by: Florian Schoiswohl, Wirtschaftsuniversität Wien |
| Labor productivity changes and wages in the European Monetary Union: Cost-push effects |
| By Martin Labaj; University of Economics in Bratislava Mikulas Luptacik; Vienna University of Economics and Busin |
| Presented by: Mikulas Luptacik, Vienna University of Economics and Busin |
| Minimum Wages and Employment Effects on Specific Age Groups |
| By Michael Christl; Agenda Austria Monika Köppl Turyna; Agenda Austria Dénes Kucsera; Agenda Austria |
| Presented by: Michael Christl, Agenda Austria |
| Economic Climate Change Impacts at the National Level: Known Trends, Unknown Tails, and Unknowables |
| By Karl Steininger; University of Graz Gernot Wagner; Environmental Defense Fund Paul Watkiss; Paul Watkiss Associates Martin König; Umweltbundesamt |
| Presented by: Karl Steininger, University of Graz |
| Session 11: Fiscal Policy II June 6, 2015 14:00 to 16:30 E0.05 |
| Session Chair: Reinhard Neck, Alpen-Adria-Universität Klagenfurt |
| Session type: contributed |
| Fiscal Rules, Fiscal Space and their Macroeconomic Effects |
| By Carolin Nerlich; European Central Bank Wolf Heinrich Reuter; Vienna University of Economics and Business |
| Presented by: Wolf Heinrich Reuter, Vienna University of Economics and Business |
| Stochastic Stability of Public Debt: The Case of Austria |
| By Maximilian Gödl; Universität Graz (KFU) Christoph Zwick; Universität Graz (KFU) |
| Presented by: Christoph Zwick, Universität Graz (KFU) |
| The impact of inheritances on the retirement behavior of older Europeans |
| By Andreas Eder |
| Presented by: Andreas Eder, |
| The Evolution of Effective Labor Taxation in Austria |
| By Lukas Reiss; Oesterreichische Nationalbank Philip Schuster; Oesterreichische Nationalbank |
| Presented by: Philip Schuster, Oesterreichische Nationalbank |
| United We Stand: On the Macroeconomics of a Fiscal Union |
| By Reinhard Neck; Alpen-Adria-Universität Klagenfurt Dmitri Blueschke; Klagenfurt University |
| Presented by: Reinhard Neck, Alpen-Adria-Universität Klagenfurt |
| Session 12: Topics in Economic Methods June 6, 2015 14:00 to 16:30 E2.05 |
| Session Chair: Dmitri Blueschke, Klagenfurt University |
| Session type: contributed |
| A hedonic house price index in continuous time |
| By Sofie Waltl; University of Graz |
| Presented by: Sofie Waltl, University of Graz |
| Teaching Replication in Quantitative Empirical Economics |
| By Jan Höffler; Universität Göttingen |
| Presented by: Jan Höffler, Universität Göttingen |
| No such thing like perfect hammer: comparing different objective function specifications for optimal control |
| By Dmitri Blueschke; Klagenfurt University Ivan Savin; Friedrich Schiller University Jena and Max Planck Institute of Economics |
| Presented by: Dmitri Blueschke, Klagenfurt University |
| Session 13: Empirical Economics June 6, 2015 14:00 to 16:30 E2.42 |
| Session Chair: Antonio Cappiello, Research Dept. National Council of the Italian Civil Law Notaries |
| Session type: contributed |
| Restructuring the International Textile Production and Trade |
| By Nicole Palan; Graz Schumpeter Centre Marlies Schütz; Graz Schumpeter Centre |
| Presented by: Marlies Schütz, Graz Schumpeter Centre |
| Decomposing Labor Productivity Growth – The Case of Small and Medium-sized Breweries in Germany |
| By Magnus Kellermann; Technische Universität München Giannis Karagiannis; University of Macedonia Klaus Salhofer; University of Natural Resources and Life Sciences |
| Presented by: Klaus Salhofer, University of Natural Resources and Life Sciences |
| Efficiency change over time in a multisectoral economic system |
| By Bernhard Mahlberg; Institute for Industrial Research Mikulas Luptacik; Vienna University of Economics and Busin |
| Presented by: Bernhard Mahlberg, Institute for Industrial Research |
| Inflation and Sectoral Growth in Developing Economies |
| By Muhammad Ayyoub; Johannes Kepler University, Linz |
| Presented by: Muhammad Ayyoub, Johannes Kepler University, Linz |
| Underlined biases in the Doing Business index: World Bank adjustments and passage from the percentile rank to the DTF rank |
| By Antonio Cappiello; Research Dept. National Council of the Italian Civil Law Notaries |
| Presented by: Antonio Cappiello, Research Dept. National Council of the Italian Civil Law Notaries |
| Session 14: Keynote Lecture I June 5, 2015 12:45 to 13:45 HS B |
| Session Chair: Thomas Gehrig, University of Wien |
| Session type: invited |
| The eurozone financial crisis: debt, credit ratings and monetary policy |
| By Michael Wickens; Cardiff Business School & University of York |
| Presented by: Michael Wickens, Cardiff Business School & University of York |
| Session 15: Keynote Lecture II June 5, 2015 16:30 to 17:30 HS B |
| Session Chair: Reinhard Neck, Alpen-Adria-Universität Klagenfurt |
| Session type: invited |
| Monetary policies to counter the zero interest-rate regime: an overview |
| By Seppo Honkapohja; Bank of Finland |
| Presented by: Seppo Honkapohja, Bank of Finland |
| Session 16: Keynote Lecture III June 6, 2015 11:30 to 12:30 HS B |
| Session Chair: Fritz Breuss, Austrian Institute of Economic Research |
| Session type: invited |
| Hysteresis Effects in Economics – Different Methods for Describing Economic Path-Dependence in the Euro Area |
| By Ansgar Belke; University of Duisburg-Essen |
| Presented by: Ansgar Belke, University of Duisburg-Essen |
| # | Participant | Roles in Conference |
|---|---|---|
| 1 | Ayyoub, Muhammad | P13 |
| 2 | Bögenhold, Dieter | C9, P9 |
| 3 | Belke, Ansgar | P16 |
| 4 | Blueschke, Dmitri | C12, P12 |
| 5 | Bom, Pedro | P7 |
| 6 | Bondesan, Matteo | P4 |
| 7 | Breuss, Fritz | C16 |
| 8 | Cappiello, Antonio | C13, P13 |
| 9 | Christl, Michael | P10 |
| 10 | Dachs, Bernhard | P9 |
| 11 | Damjanović, Milan | P1 |
| 12 | Eder, Christoph | P5 |
| 13 | Eder, Andreas | P11 |
| 14 | Falk, Martin | C2, P2 |
| 15 | Fichet de Clairfontaine, Aurélien | P2 |
| 16 | Garcia, Daniel | P3 |
| 17 | Gehrig, Thomas | C14 |
| 18 | Gillman, Max | P6 |
| 19 | Greiner, Alfred | C7, P7 |
| 20 | Höffler, Jan | P12 |
| 21 | Honkapohja, Seppo | P15 |
| 22 | Huber, Florian | P6 |
| 23 | Jaenicke, Johannes | P5 |
| 24 | Kasberger, Bernhard | P8 |
| 25 | Köppl Turyna, Monika | P3 |
| 26 | Khalil, Makram | P2 |
| 27 | Khayat, Anwar | P4 |
| 28 | Kirn, Tanja | P4 |
| 29 | Kleinert, Joern | P6 |
| 30 | Klinglmair, Andrea | P9 |
| 31 | Klinglmair, Robert | P5 |
| 32 | Kuštrin, Andrej | P7 |
| 33 | Li, Meng | P8 |
| 34 | Luptacik, Mikulas | P10 |
| 35 | Mahlberg, Bernhard | P13 |
| 36 | Maidorn, Susanne | C1, P1 |
| 37 | Meier, Volker | P3 |
| 38 | Moder, Isabella | P1 |
| 39 | Neck, Reinhard | C15, C11, P11 |
| 40 | Nermuth, Manfred | C3, C8 |
| 41 | Pichler, Paul | P7 |
| 42 | Piribauer, Philipp | P2 |
| 43 | Reith, Ines | P3 |
| 44 | Reuter, Wolf Heinrich | P11 |
| 45 | Salhofer, Klaus | P13 |
| 46 | Schütz, Marlies | P13 |
| 47 | Schmidt-Dengler, Philipp | P8 |
| 48 | Schoiswohl, Florian | P10 |
| 49 | Schuster, Philip | P11 |
| 50 | Semmler, Willi | C6, P6 |
| 51 | Sobolev, Anton | P8 |
| 52 | Steininger, Karl | C10, P10 |
| 53 | Summer, Martin | C4, P4 |
| 54 | Waltl, Sofie | P12 |
| 55 | Weyerstrass, Klaus | C5, P5 |
| 56 | Wickens, Michael | P14 |
| 57 | Zeng, Jing | P1 |
| 58 | Zwick, Christoph | P11 |
This program was last updated on 2015-06-11 2:49:40 EDT