Annual Meeting of the Austrian Economic Association
Jahrestagung der Nationalökonomischen Gesellschaft 2015

Klagenfurt, Austria

 
June 5, 2015
 
11:00 to 19:00Registration, Hall outside HS B
 
 
11:30 to 12:30NOeG Board Meeting (by invitation), Room E0.05
 
 
12:45 to 13:45Keynote Lecture I , Lecture Hall HS B
 
 
14:00 to 16:00Parallel Sessions - Friday Afternoon, Rooms E0.05/E1.05/E2.05/E2.37/E.2 42
 
 
16:00 to 16:30Coffee Break, Hall outside HS B
 
 
16:30 to 17:30Keynote Lecture II, Lecture Hall HS B
 
 
18:00 to 20:30Panel Discussion & Young Economist Award, Lecture Hall HS B
 
 
20:30 to 22:00Reception , Hall outside HS B
 
 
 
June 6, 2015
 
08:30 to 14:00Registration, Hall outside HS B
 
 
09:00 to 11:00Parallel Sessions II, Rooms E0.05/E1.05/E2.05/E2.37/E.2 42
 
 
11:00 to 11:30Coffee Break, Hall outside HS B
 
 
11:30 to 12:30Keynote Lecture III, Lecture Hall HS B
 
 
12:30 to 14:00Lunch Break, Hall outside HS B
 
 
13:00 to 14:00NOeG Members' Assembly, E0.05
 
 
14:00 to 16:30Parallel Sessions III, Rooms E0.05/E1.05/E2.05/E2.37/E.2 42
 
 

 

Program Notes and Index of Sessions

Keynote Lecture I
Lecture Hall HS B
June 5, 2015 12:45 to 13:45
 
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
 
Keynote Lecture II

Panel Discussion & Young Economist Award
Lecture Hall HS B
June 5, 2015 18:00 to 20:30
 
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

Click here for an index of all participants

#Date/TimeLocationTypeTitlePapers
1June 5, 2015
14:00-16:00
E0.05 contributed Euro Area Macroeconomics4
2June 5, 2015
14:00-16:00
E1.05 contributed International Macroeconomics4
3June 5, 2015
14:00-16:00
E2.05 contributed Microeconomics I4
4June 5, 2015
14:00-16:00
E2.37 contributed Finance4
5June 5, 2015
14:00-16:00
E2.42 contributed Regional Economics4
6June 6, 2015
9:00-11:00
E0.05 contributed Money and Finance4
7June 6, 2015
9:00-11:00
E1.05 contributed Fiscal Policy I4
8June 6, 2015
9:00-11:00
E2.05 contributed Microeconomics II4
9June 6, 2015
9:00-11:00
E2.37 contributed Entrepreneurship3
10June 6, 2015
9:00-11:00
E2.42 contributed Labor and Environmental Economics4
11June 6, 2015
14:00-16:30
E0.05 contributed Fiscal Policy II5
12June 6, 2015
14:00-16:30
E2.05 contributed Topics in Economic Methods3
13June 6, 2015
14:00-16:30
E2.42 contributed Empirical Economics5
14June 5, 2015
12:45-13:45
HS B invited Keynote Lecture I1
15June 5, 2015
16:30-17:30
HS B invited Keynote Lecture II1
16June 6, 2015
11:30-12:30
HS B invited Keynote Lecture III1
 

16 sessions, 55 papers, and 0 presentations with no associated papers


 

Annual Meeting of the Austrian Economic Association
Jahrestagung der Nationalökonomischen Gesellschaft 2015

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
 

 

Index of Participants

Legend: C=chair, P=Presenter, D=Discussant
#ParticipantRoles in Conference
1Ayyoub, MuhammadP13
2Bögenhold, DieterC9, P9
3Belke, AnsgarP16
4Blueschke, DmitriC12, P12
5Bom, PedroP7
6Bondesan, MatteoP4
7Breuss, FritzC16
8Cappiello, AntonioC13, P13
9Christl, MichaelP10
10Dachs, BernhardP9
11Damjanović, MilanP1
12Eder, ChristophP5
13Eder, AndreasP11
14Falk, MartinC2, P2
15Fichet de Clairfontaine, AurélienP2
16Garcia, DanielP3
17Gehrig, ThomasC14
18Gillman, MaxP6
19Greiner, AlfredC7, P7
20Höffler, JanP12
21Honkapohja, SeppoP15
22Huber, FlorianP6
23Jaenicke, JohannesP5
24Kasberger, BernhardP8
25Köppl Turyna, MonikaP3
26Khalil, MakramP2
27Khayat, AnwarP4
28Kirn, TanjaP4
29Kleinert, JoernP6
30Klinglmair, AndreaP9
31Klinglmair, RobertP5
32Kuštrin, AndrejP7
33Li, MengP8
34Luptacik, MikulasP10
35Mahlberg, BernhardP13
36Maidorn, SusanneC1, P1
37Meier, VolkerP3
38Moder, IsabellaP1
39Neck, ReinhardC15, C11, P11
40Nermuth, ManfredC3, C8
41Pichler, PaulP7
42Piribauer, PhilippP2
43Reith, InesP3
44Reuter, Wolf HeinrichP11
45Salhofer, KlausP13
46Schütz, MarliesP13
47Schmidt-Dengler, PhilippP8
48Schoiswohl, FlorianP10
49Schuster, PhilipP11
50Semmler, WilliC6, P6
51Sobolev, AntonP8
52Steininger, KarlC10, P10
53Summer, MartinC4, P4
54Waltl, SofieP12
55Weyerstrass, KlausC5, P5
56Wickens, MichaelP14
57Zeng, JingP1
58Zwick, ChristophP11

 

This program was last updated on 2015-06-11 2:49:40 EDT