Page 1 of 5 3rd NIFIP´s International Annual Conference MACROECONOMIC POLICY IN TIMES OF CRISIS NOVEMBER 28TH AND 29TH, 2013 - PROGRAMME – SCIENTIFIC COMMITTEE Abel L Costa Fernandes (FEP-U.P. - Portugal) Anastasios Karasavvoglou (KIT – Greece) Andreea Stoian (Bucharest University of Economic Studies – Romania) António Afonso (ISEG-UTL- Portugal) António Portugal Duarte (FEC-U. de Coimbra- Portugal) Argentino Pessoa (FEP-U.P. - Portugal) Cristina Nicolescu (West University Timisoara – Romania) Francisco Veiga (U. Minho- Portugal) Jesus Ferreiro (U. of Bilbao – Spain) João Ferreira do Amaral (ISEG-UTL- Portugal) João Sousa Andrade (FEC-U. de Coimbra- Portugal) Kosta Josifidis (U. of Novi Sad – Serbia) Linda Veiga (U.Minho- Portugal) Lobont Oana (West University Timisoara – Romania) Matti Viren (U. of Turku – Finland) Nicoleta Moldovan (West University Timisoara – Romania) Óscar Afonso (FEP-U.P. - Portugal) Paulo Mota (FEP-U.P. - Portugal) Pedro Cosme (FEP-U.P. - Portugal) Pedro Leão (ISEG-UTL- Portugal) Rui Henrique Alves (FEP-U.P. - Portugal) Sofia Cerqueira de Gouveia (UTAD- Portugal) Organizing Committee Abel L Costa Fernandes (FEP-U.P. - Portugal) – Chairman of the Conference Paulo Mota (FEP-U.P. - Portugal) Pedro Cosme (FEP-U.P. - Portugal) With the Support Fundação Amadeu Dias * Banco de Portugal SONAE Hotel Porto Palácio Banco BPI Reitoria da Universidade do Porto Faculdade de Economia do Porto Page 1 of 5 Page 2 of 5 3rd NIFIP´s International Annual Conference MACROECONOMIC POLICY IN TIMES OF CRISIS NOVEMBER 28TH AND 29TH, 2013 THURSDAY, PROGRAMME – NOVEMBER 28TH, 2013 9H00 – 9H30 REGISTRATION 9H30 – 11H00 PARALLEL SESSIONS SESSION: 1 ROOM 631 CHAIR: PEDRO COSME Mota, Paulo and Fernandes, Abel Czarczynska, Anna AFFILIATION TITLE Faculdade de Economia do Porto, NIFIP (Portugal) The Recent European Public Debt Crisis: A Case of Fundamentals or the Result of a Failed Monetary Experiment? RESPONSIBLE FINANCES AS A MAIN DETERMINANT OF FISCAL SUSTAINABILITY PUBLIC DEBT AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM OECD Kozminski University (Poland) LLORCA, MATTHIEU UNIVERSITY OF BOURGOGNE (FRANCE) COUNTRIES SESSION: 2 ROOM 504 CHAIR:JOÃO SOUSA ANDRADE TITLE AFFILIATION AFONSO, ÓSCAR AND ALVES, RUI HENRIQUE SUSANA, GABRIEL FACULDADE DE ECONOMIA DO PORTO, NIFIP AND CEF.UP (PORTUGAL) CEF.UP (PORTUGAL) ARGENTINO, PESSOA FACULDADE DE ECONOMIA DO PORTO, NIFIP AND CEF.UP (PORTUGAL) 11H00 – 11h15 COFFEE-BREAK SESSION: 3 ROOM 631 CHAIR: MATTI VIREN AFFILIATION PLENARY SESSION: 11H15 – 12H45 TITLE Truger, Achim Berlin School of Economics and Law and Institute for International Political Economy (Germany) Ferreiro, Jesus University of the Basque Country (Spain) University of Oxford(UK) Torres, Francisco ECONOMIC GROWTH EFFECTS OF AN INTERNATIONAL CRISIS IMMIGRATION AND GROWTH ON THE HOST COUNTRY EXPLAINING ECONOMIC GROWTH SLOWDOWN: WHAT IS THE ROLE PLAYED BY CHANGES IN THE FUNCTIONAL DISTRIBUTION OF INCOME? Fiscal Policy and Rebalancing in the Euro Area: a Critique of German Fiscal Policy from a Keynesian Perspective Fiscal Consolidation in Spain: What Makes Us Different? Political EMU: incremental institutional change, risk-sharing and conditionality Page 2 of 5 Page 3 of 5 13H00 – 14H15 CONFERENCE LUNCH 14H30 – 16H00 PARALLEL SESSIONS SESSION: 4 ROOM 504 CHAIR:SOFIA GOUVEIA KOURSAROS, DEMETRIS AFFILIATION TITLE CYPRUS UNIVERSITY OF TECHNOLOGY BANKS, LENDING AND THE TRANSMISSION OF MONETARY SHOCKS MBORKA, JEANNE MPONDO TOMKIEWICZ, JACEK KOZMINSKI UNIVERSITY (POLAND) SESSION: 5 ROOM 631 CHAIR:ÓSCAR AFONSO HILMARSSON, HILMAR ANDRADE, JOÃO SOUSA AND DUARTE, ANTÓNIO PORTUGAL BONGARDT, ANNETTE 16H00 – 16h15 DEALOGIC (UK) THE GLOBAL EFFECTS OF UNCOORDINATED QE EXIT STRATEGIES MONETARY POLICY AND CONTEMPORARY FINANCIAL CRISIS – BASIC CONCERNS AFFILIATION TITLE UNIVERSITY OF AKUREYRI (ICELAND) SMALL STATES DURING A GLOBAL CRISIS: AUSTERITY VERSUS GROWTH, THE CASE OF ICELAND AND LATVIA NOMINAL CONVERGENCE AND REAL EXCHANGE RATE MISALIGNMENTS IN THE EUROPEAN UNION ON ENVIRONMENTAL SUSTAINABILITY CONSTRAINTS OF THE EUROPEAN MODEL UNIVERSITY OF COIMBRA AND SCHOOL OF ECONOMICS (PORTUGAL) ROBERT SCHUMAN CENTRE FOR ADVANCED STUDIES, EUI (ITALY) COFFEE-BREAK PLENARY SESSION: 16H15 – 17H25 SESSION: 6 ROOM 631 CHAIR: JESUS FERREIRO Afonso, António Chortareas, Georgios AFFILIATION TITLE ISEG, UECE (Portugal) Anatomy of a Fiscal Debacle: the Case of Portugal King's College London (UK) and University of Athens (Greece) Fiscal Policy Challenges and Reforms in Greece Page 3 of 5 Page 4 of 5 PLENARY SESSION: 17H30 – 19H00 SESSION: 7 ROOM 631 CHAIR: ANTÓNIO AFONSO Fontana, Giuseppe Viren, Matti Créel, Jerome AFFILIATION TITLE University of Leeds (UK) 0f the Nature and the Role of the Solvency Rule in a Monetary Union Public Debt is Always Toxic to Economic Growth FRENCH PUBLIC FINANCES FOR THE FUTURE: DEALING WITH THE FISCAL University of Turku (Finland) Centre de Recherche en Économie OFCE (France COMPACT 20H – CONFERENCE DINNER If you want to attend this dinner PLEASE do REGISTER for us to make the necessary number of reservations at the restaurant. There is no need to pay for it, since the price is already included in the conference fee. Page 4 of 5 Page 5 of 5 FRIDAY, NOVEMBER 29TH, 2013 9H00 – 10H30 PARALLEL SESSIONS SESSION: 8 ROOM 504 CHAIR: ARGENTINO PESSOA Gouveia, Sofia AFFILIATION TITLE UTAD, CETRAD (Portugal) Business Cycle Correlation Between the Euro Area and the Balkan Countries MARTA, SIMÕES; ANDRADE, JOÃO SOUSA AND DUARTE, ADELAIDE GEMF/ UNIVERSITY OF COIMBRA AND SCHOOL OF ECONOMICS (PORTUGAL) SANTOS, FLÁVIO ARANTES UNIVERSIDADE ESTADUAL DE CAMPINAS (BRASIL) EVIDENCE FROM OECD COUNTRIES FISCAL POLICY AFTER THE 2008 FINANCIAL CRISIS: THE CHANGES IN THE NEW CONSENSUS THINKING AFFILIATION TITLE FACULDADE DE ECONOMIA DO PORTO AND CEF.UP (PORTUGAL); UNIVERSIDADE FEDERAL DE SANTA CATARINA, NPGO, FEPESE AND PPGC (BRASIL) UNIVERSITY OF AKUREYRI (ICELAND) DOES THE LATIN MODEL OF CORPORATE GOVERNANCE PERFORM WORSE THAN OTHER MODELS IN PREVENTING EARNINGS MANAGEMENT? ICELAND AND THE GLOBAL CRISIS: DID THE GOVERNMENT FAKE REALITY? The Role of Banks’ Balance Sheets on Early Warning Systems: What Can We Learn from the Asian Crisis? SESSION: 9 ROOM 631 CHAIR: PAULO MOTA ALVES, CARLOS AND VICENTE, ERNESTO HILMARSSON, HILMAR Christian Mulder, Roberto Perrelli, Manuel Duarte Rocha 10H30 – 10H45 Christian Mulder (IMF), Roberto Perrelli (IMF), Manuel Duarte Rocha (FACULDADE DE ECONOMIA DO PORTO, NIFIP AND CEF.UP (PORTUGAL) DIMENSIONS OF THE WELFARE STATE AND ECONOMIC PERFORMANCE: SOME COFFEE-BREAK 10H45 – 12H30 – ROUND TABLE and FINAL OF THE CONFERENCE SESSION: 10 ROOM 631 CHAIR: ABEL COSTA FERNANDES Afonso, António Chortareas, Georgios Créel, Jerome Ferreiro, Jesus Fontana, Giuseppe Torres, Francisco Truger, Achim Viren, Matti ISEG, UECE (Portugal) University of Athens (Greece) Centre de Recherche en Économie OFCE (France University of the Basque Country (Spain) University of Leeds (UK) European University Institute (Florence) Berlin School of Economics and Law and Institute for International Political Economy (Germany) University of Turku (Finland) Page 5 of 5