ERMAS Program 2016 [1]

 

MONDAY, 1st of August 2016

 

09.00-10.00:    Participants registration, Faculty of Economics and Business Administration Timi�oara, Location: Lobby

 

10.00-10.45:    Opening ceremony, Faculty of Economics and Business Administration Timi�oara, Location: Room                          ADM (1st floor)*

 

Welcome speech from [2]:

 

�        Ovidiu Megan (Vicerector West University of Timișoara)

�        Liviu Voinea (Deputy Governor National Bank of Romania)

�        Camelia Bejan and Otilia Boldea (Representatives of the Committee for initiative and coordination of ERMAS 2016)

 

11.00-12.30:     Parallel sessions

 

Session A1:      Economic Growth - Chair of the session: Alexandru Minea, Location: Room P02 (ground floor)*

�        Camelia Turcu (University of Orleans, FR): �Corruption, institutional quality and growth: a panel smooth transition regression approach� (with Reda Marakbi)

�        Mihai Muta�cu (ECREB, West University of Timișoara, RO): �A wavelet analysis of the environmental kuznetscurve in France� (with Jean-Christophe Pereau and Eugen Ursu)

�        Alexandru Minea (School of Economics & CERDI, Universite d�Auvergne, FR): �Deficit rules and monetization in a growth model with multiplicity and indeterminacy� (with Maxime Menuet and Patrick Villieu)

 

Session A2:      Household decisions, inequality and growth - Chair of the session: Ioana Moldovan, Location: Room

102 (1st floor)*

�        Nicoleta Ciuril� (University of Amsterdam, Tinbergen Institute, NL): �Labor supply, savings and consumption inequality under different pension benefits arrangements�

�        Felicia Ionescu (Federal Reserve Board, US): �Investment opportunities and the sources of lifetime inequality� (with Kartik Athreya, Urvi Neelakantan and Ivan Vidangos) (Invited paper as member of the Scientific Committee)

�        Ioana Moldovan (University of Glasgow, UK): �Stabilisation policy in a new keynesian model with job search, skills erosion and growth effects� (with Campbell Leith)

 

12.30-12.45:    Coffee break

 

12.45-14.00:    PLENARY SESSION: Keynote Sergiu Hart (The Hebrew University of Jerusalem), Title: �Two(!) good to be true�, Location: Room ADM (1st floor)*

 

14.00-14.45:    Lunch, Location: Faculty of Economics and Business Administration Restaurant (2nd floor)

 

15.00-16.30:    Special Session ERMAS 2016: Practices and policies perspectives on research in Economics in Romania, Location: Room ADM (1st floor)

 

Invited:

�        Sebastian Buhai, Stockholm University- SOFI, SE - �Disincentivizing the performance: the case of the Romanian national criteria for evaluating research in economic sciences�

�        Nicolae G�rleanu, UC Berkeley- Haas, US - �Evaluating academics: An international perspective�

�        Claudiu Herțeliu, ASE Bucharest, RO � �Citations. How not to do it�

 

16.30-16.45:    Coffee Break

 

16.45-18.45:    Parallel sessions

 

Session B1:      Firms Behaviour - Chair of the session: Andrei Barboș, Location: Room P02 (ground floor)

�        Mircea Epure (Universitat Pompeu Fabra and Barcelona GSE, ES): �Attracting early-stage investors: is debt a deterrent or an incentive?� (with Marti Guasch)

�        Almos Telegdy (Central European University and National Bank of Hungary, HU): �Daughters, Sons and Managerial Decisions: how the Gender of the CEO's Child Affects the Share of Female Managers� (Invited paper as member of the Scientific Committee)

�        Angela Cheptea (INRA, FR): �Do multinational retailers affect the export competitiveness of their host countries?�

�        Andrei Barbo� (University of South Florida, US): �Optimal contracts with random monitoring� (Invited paper as member of the Scientific Committee)

 

Session B2:      Game Theory (I) - Chair of the session: Marius Ochea , Location: Room 102 (1st floor)

�        Noemi Gasko (Babe�-Bolyai University, RO): �Approximation of (k,t) - robust equilibria� (with Tudor Dan Mihoc, Rodica Ioana Lung and Mihai Suciu)

�        Cosmin Bonchi� (West University of Timi�oara and the eAustria Research Institute, RO): �A parametric worst-case approach to fairness in TU-cooperative games� (with Gabriel Istrate)

�        Marius Ochea (THEMA, Universite de Cergy-Pontoise, FR): �Evolutionary competition between adjustment processes in Cournot oligopoly: instability and complex dynamics� (with Cars Hommes and Jan Tuinstra)

 

20.30:                Welcome reception offered by Bosch Group Romania, Location: Prestige Ballroom**

* Rooms P02, 102 and ADM (Dumitru Mare� Amphitheatre) are located at the Faculty of Economics and Business Administration on J.H. Pestalozzi street no. 16, Timi�oara

** Prestige Ballroom is located on Vasile P�rvan Boulevard no. 5 (between the West University of Timi�oara and the Polytechnic University, on the opposite side of the street)

 

TUESDAY, 2nd of August 2016

 

08.00-11.00:   Intensive Course � Applied Microeconometrics, Professor Andreea Mitruț, University of Gothenburg,

                           Location: Room ADM (1st floor)

 

10.00-11.30:    Parallel sessions

 

Session C1:      Econometrics - Chair of the session: Andreea Halunga, Location: Room 102 (1st floor)

�        Otilia Boldea (Tilburg University, NL): �Break point estimation in fixed effects panel data� (with Zhuojiong Gan and Bettina Drepper)

�        Marcel Voia (Carleton University, CA): �Non-standard confidence sets for ratios and tipping points with applications to dynamic panel data� (with Jean-Thomas Bernard, Ba Chu and Lynda Khalaf)

�        Andreea Halunga (University of Bath, UK): �A heteroscedasticity robust Breusch-Pagan test for contemporaneous correlation in dynamic panel data models� (with Chris D. Orme and Takashi Yamagata) (Paper invited as member of the Scientific Committee)

 

Session C2:      Asset Pricing - Chair of the session: Camelia Bejan, Location: Room P02 (ground floor)

�        Florin Bidian (Georgia State University, US): �Bubbles and trading volume�

�        Nicolae G�rleanu (UC Berkeley-Haas, US): �What to expect when everyone is expecting: self-fulling expectations and asset-pricing puzzles� (with Stavros Panageas) (Invited paper as member of the Scientific Committee)

�        Camelia Bejan (University of Washington-Bothell, US): �On the shareholder versus stakeholder debate� (Invited paper as member of the Scientific Committee)

 

11.30-11.45:    Coffee break

 

11.45-13.00:    PLENARY SESSION: Keynote Herv� Moulin (University of Glasgow), Title: �Fair division under additive utilities: good and bad news�, Location: Room ADM (1st floor)

 

13.00-13.45:    Lunch, Location: Faculty of Economics and Business Administration Restaurant (2nd floor)

 

13.45-15.45:    Parallel sessions

 

Session D1:      Labor Markets - Chair of the session: Sebastian Buhai, Location: Room 102 (1st floor)

�        C�t�lin Dragomirescu-G�in� (Independent Researcher, IT): �Technology shocks and sectoral labour market dynamics� (with Leandro Elia)

�        Andrei Zlate (Federal Reserve Bank of Boston, US): �Offshoring, low-skilled immigration, and labor market polarization� (with Federico S. Mandelman)

�        Iulian Ciobic� (Vrije Universiteit Amsterdam, Tinbergen Institute, NL): �Worker heterogeneity and employer screening in a search and matching model�

�        Sebastian Buhai (Stockholm University - SOFI, SE): �Firm downsizing, public policy, and the age structure of employment adjustments� (with Hans-Martin von Gaudecker)

 

Session D2:      Game Theory (II) - Chair of the session: Anna Bogomolnaia, Location: Room P02 (ground floor)

�        Cristian Litan (Babe�-Bolyai University, RO): �Generic finiteness of equilibrium distributions for bimatrix outcome game forms� (with Francisco Marhuenda and Peter Sudholter)

�        Mihai Manea (MIT, US): �Information resale in networks� (Invited paper as member of the Scientific Committee)

�        Edward Schlee (Arizona State University, US): �Public good provision under uncertainty: local cost-benefit analysis� (Invited paper as top economist from abroad)

�        Anna Bogomolnaia (University of Glasgow, UK): �Competitive fair division� (Invited as top economist from abroad)

 

15.45-16.00:    Coffee break

 

16.00-17.15:   Poster Presentations for young researchers from host institution and for those invited by the Scientific Committee, Location: Room P02 (ground floor)

 

Participants:

�   Claudiu Albulescu (Politehnica University of Timișoara, RO): �The money demand in an open economy model with microeconomic foundations: An application to the CEE countries� (with Dominique P�pin)

�   Simona Dragoș (Babeș-Bolyai University, RO): �Institutional drivers of life insurance consumption: a dynamic panel approach for European countries� (with Cristian Dragoș and Codruța Mare)

�   Nicolae Bogdan Ianc (West University of Timișoara and Universit� d'Orl�ans, LEO, FR), Turcu Camelia (Universit� d'Orl�ans, LEO, FR):  �Differences across E(M)U candidate countries: a fiscal multiplier approach�

�   Adrian Marius Ionescu (West University of Timișoara and Universit� d'Orl�ans, LEO, FR): �Spillover effects of European Central Bank unconventional monetary policy: evidence from several CEE countries�

�   Mihai Mutașcu (West University of Timișoara, RO), Ovidiu Mura (West University of Timișoara, RO): �Public debt and economic freedom in EU�s former socialist countries�

�   Mihaela Stan (University College London, UK): �A case of public-private interplay in healthcare: Are hybrid institutional forms better performers?�

 

17.15-17.30:    Coffee break

 

17.30-19.00:    Parallel sessions

 

Session E1:       Emerging Economies - Chair of the session: Andrei T�nase, Location: Room 102 (1st floor)

�        Irina Mihai (National Bank of Romania, RO): �Coping with unsustainable lending: early warning indicators and the use of macro-prudential instruments� (with Florian Neagu and Lumini�a Tatarici)

�        Simona Mutu (Babe�-Bolyai University, RO): �Corporate governance and efficiency in banking: evidence from emerging economies� (with Alin Andrie� and Bogdan C�praru)

�        Andrei T�nase (National Bank of Romania, RO): �Estimating a real-time business conditions index for Romania� (with Andra Sm�du and Irina Stanciu)

 

Session E2:       Macroeconomic Theory - Chair of the session: C�lin Arc�lean, Location: Room P02 (ground floor)

�        R�zvan Vlahu (De Nederlandsche Bank, NL): �Collective strategic defaults: bailouts and repayment incentives�

�        C�lin Arc�lean (ESADE, Ramon Llull University, ES): �Dynamic fiscal competition: a politico-economic theory�

 

Session E3:       Applied Finance - Chair of the session: Alin Andrieș, Location: Room ADM (1st floor)

�        Angela Maria Filip (Babe�-Bolyai University, RO): �Herding behavior in CEE stock markets under asymmetric conditions: a quantile regression analysis� (with Miruna Pochea and Andreea Maria Pece)

�        Bogdan Dima (West University of Timi�oara, RO): �Mutual information and persistence in the stochastic volatility of market returns: an emerging market example� (with �tefana Maria Dima)

�        Alin Andrie� (Alexandru Ioan Cuza, RO): �The impact of international swap lines on stock returns of banks in emerging markets� (with Andreas M. Fischer and Pinar Yesin)

 

20.30:                Business Cocktail offered by the West University of Timi�oara Alumni Community, Location: Epic Vara Garden***

 

12.00-14.00:    It will be held �Workshop on urban development topics� � at the intiative of the local organizers from WUT, Location: Aula Magna (1st floor - West University of Timi�oara, Located on Vasile P�rvan Boulevard no. 4, Timi�oara), program here.

 

*** Epic Vara Garden is located behind the Dan P�ltini�anu Stadium

 

WEDNESDAY, 3rd of August 2016

 

08.00-10.30:   Intensive Course � Applied Microeconometrics, Professor Andreea Mitruț, University of Gothenburg, Location: Room ADM (1st floor)

 

10.30-11.45:   PLENARY SESSION: Keynote Roc Armenter (Federal Reserve Bank of Philadelphia), Title: �Low rates and low inflation�, Location: Room ADM (1st floor)

 

11.45-12.00:  Coffee break

 

12.00-14.00:  Parallel sessions

 

Session F1:    Applied Microeconomics - Chair of the session: Daniela Andren, Location: Room P02 (ground floor)

�        Alina Botezat (�Gh. Zane� Institute for Economic and Social Research - Romanian Academy Iași, RO): �Austerity plan announcements and the impact on  employee well-being�

�        Simona Bejenariu Tudor (SOFI, Stockholm University, SE): �The effects of financial incentives on fertility and early investments in child health�

�        Daniela Andren (�rebro University School of Business, SE): �Structural state dependence in Swedish social assistance: What happened to those who were single before a recession?� (with Thomas Andren)

 

Session F2:      Macroeconomic Policies - Chair of the session: M�d�lina Militaru , Location: Room 102 (1st floor)

�        Oana Furtun� (University of Amsterdam, NL): �Searching for the confidence fairy: evidence from a new narrative dataset on announcements of fiscal austerity measures� (with Roel Beetsma and Massimo Giuliodori)

�        Maria Bolboaca (Study Center Gerzensee, CH): �News shocks: Different effects in boom and recession?� (with Sarah Fischer)

�        M�d�lina Militaru (National Bank of Romania, RO): �Jobless recovery in Romania: the role of sticky wages and other frictions� (with �tefania Iordache and Luiza Pandioniu)

 

14.00-14.15: Coffee break

 

14.15-14.45:   Closing ceremony, Location: Room ADM (1st floor)

 

14.45-15.30:    Lunch, Location: Faculty of Economics and Business Administration Restaurant (2nd floor)

 

15.30-19.00:    Cultural Tour of Timi�oara (offered by the organizers to the contributors, invited speakers and special guests), Meeting point: Lobby of the Faculty of Economics and Business Administration

 

20.30:                Farewell reception, Location: Caf� de Paris (Bastion) ****

 

**** Caf� de Paris (Bastion) is located on Hector Street, no. 4, Timișoara


[1] Updated program with links to the papers that were presented (in case of manuscript availability). In this ex-post version of the program only �de facto� presenters are mentioned.

[2] At the time of the conference, the opening ceremony also included a welcome speech from the WUT rector Marilen Pirtea, respectively from the presidential counselor Cosmin-Ștefan Marinescu. In the end they were not able to attend the opening ceremony.