IEFS - UK
THE 4th ANNUAL CONFERENCE OF IEFS – UK
City University
28 and 29 November 2003
Jointly organized by
City University, Department of Economics
and IEFS – UK
President: Dr Keith Pilbeam
Secretary: Dr Chris Tsoukis
Treasurer: Dr Dimitrios Asteriou
4th
Annual Conference of International Economics and Finance Society on
28-29
November 2003
City
University – London
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FRIDAY, 28th NOVEMBER |
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11:00-12:30 |
OPENING – REGISTRATION – Coffee |
Level
6
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12:30-15:00 |
SESSION 1 |
Level 6 |
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Chair:
Professor Peter Sinclair
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Fredj Jawadi and Yoursa Koubaa, University of
Paris X-Nanterre: “Threshold Cointegration between Stock Returns: An
application of STECM Models” |
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Marcus Miller, Kannika Thampanishvong and Lei Zhang, Warwick University: “Learning to Forget? Contagion and Political Risk in Brazil” |
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Rainer Frey, Deutsche Bundesbank: “Coordinated
or uncoordinated monetary policy under a regime of flexible exchange
rates? The power in decision making” |
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Marcela Sabate, Maria Dolores Gadea and Jose Maria
Serrano, University of Zaragoza: “The Spanish Peseta, a floating
experience in times of the gold (classical and exchange) standard” |
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Isabelle d'Ornano, Hassan Ayouba and Ahmed Ksaier,
Universite de Nice: “Currency crises : leading indicators and
forecasting” |
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Angela Cheptea, TEAM Univesity Paris 1
Pantheon-Sorbonne: “Trade Liberalization vs Institutional Change” |
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Peter Sinclair, University of Birmingham and Bank
of England: “On creditors and debtors, and their rates of interest
and exchange” |
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15:00-15:30 |
Coffee and Sandwiches |
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15:30-18:00 |
SESSION 2 |
Level
6
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Chair:
Dr Chris Tsoukis
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Ensar Yilmaz, Yildiz Technical University; and M. Ozgur
Kayalica, Istanbul Technical University: “A Game Theoretic Analysis of Hierarchical
Regulatory Control on a Bank's Capital Rate” |
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Andreas Panagopoulos, University of Bristol: “Optimal
Patent Protection When Innovation is Sequential” |
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Svitlana Voronkova, Manchester Metropolitan
University: “Stock Market Prices and Institutional Trades: Evidence
on Trading by Pension Funds in Poland” |
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Ioannis Salavrakos and Chris Stewart, London
Metropolitan University: “Partner Selection Criteria as Determinants
of Firm Performance in Joint Ventures: Evidence from Greek Joint Ventures
in Eastern Europe” |
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Osiris Parcero, CMPO and University of Bristol: “Inter-state
Subsidy Competition for a New Plant: What is the Federal Government
Optimal Policy?” |
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Mike Ryan, The University of Hull: “Some
Implications of Trade Liberalisation for Choice of Trading partners” |
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Chris Tsoukis, London Metropolitan University: “Fiscal
Policy, the Keynesian Multiplier and Endogenous Growth” |
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18:00-18:30 |
Evening Drinks and Canapes |
Level 6 |
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18:30-19:15 |
KEYNOTE
SPEECH
Professor Elias Dinopoulos, University of Florida: “Globalisation and Income Distribution” |
Level
6
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20:00 |
Conference Dinner at Tilelli Restaurant |
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326 St.John Street, London, EC1V 4NT |
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SATURDAY, 29th NOVEMBER |
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9:30-10:00 |
Coffee Break |
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10:00-12:30 |
SESSION 3A |
A422
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Chair: Dr Fotini Voulgaris |
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Racem Mehdi, Universite de Paris I Pantheon
Sorbone: “The Sustainable Cooperative Tariffs: A Political Economy
Perspective” |
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Helmut Berer, Christian Helmenstein, Wolfgang
Polasek, Alexander Schnabl and Roland Treitler, IHS Institute of Advanced
Studies: “The Liberalization of Telecomunication in Austria - Recent
Developments in Regulation and Economics” |
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Dimitrios Asteriou, City University and George
Kavetsos, Imperial College, University of London: “Testing for the
existence of the "January Effect" in Transition Economies.” |
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David Khoudour-Casteras, Institut d'Etudes
Politiques de Paris: “International Adjustment Under the Classical
Gold Standard: The Migration Nexus” |
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Kaliroi Papathoma and Dimitrios Asteriou, City
University: “Finance and Growth: Evidence from a Panel Cointegrating
Framework” |
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Helena Marques, Loughborough University; and Hugh
Metcalf, University of Newcastle upon Tyne: “Wage Gradients in
Enlarged EU” |
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Finn Ostrup, Copenhagen Business School: “Non
Atomistic Wage Setting in a Fixed but Adjustable Exchange Rate System” |
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10:00-12:30 |
SESSION 3B |
A423 |
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Chair: Dr Brian Lucey |
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Adrian Gourlay and Jonathan Seaton, Loughborough
University: “Analysis of Market Diversification of UK firms in
Export and Product Markets” |
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Christos Floros, University of Portsmouth; and
Dimitrios Vougas, University of Wales Swansea: “Hedge Ratios in
Greek Stock Index Futures Market” |
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K. Kosmidou, F. Pasiouras, M. Doumpos and C.
Zopounidis, Technical University of Crete: “Prediction of
Acquisition Targets in the UK: A multicriteria approach” |
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Brian Lucey and Edel Tully, University of Dublin,
Trinity College: “International Portfolio Formation, Skewness and
the Role of Gold” |
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Ephraim Clark and Radu Tunaru, London Metropolitan
University: “The Evolution of International Political Risk
1956-2001” |
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John Fender, University of Birmingham; and Neil
Rankin, University of Warwick: “Money- and Exchange-Rate-Based
Disinflation in a Redux Model with Staggered Wage Setting” |
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Taras Bodnar and Wolfgang Schmid, European
University Viadrina: “Exact Distribution of the Global Minimum
Variance Estimator under Alternative Distributions” |
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12:30-13:30 |
Lunch (Buffet) |
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13:30-15:30 |
SESSION 4A |
A422
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Chair: Dr Dimitrios Asteriou |
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Luca De Benedictis, University of Macerata; Marco
Gallegati and Massimo Tamberi, University of Ancona: “Non-linearities
in Specialisation and Growth” |
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Vassilis Monastiriotis, Royal Holloway and LSE,
University of London: “Labour
Market Flexibility in the UK: measurement, regional variations and the
role of global/local forces” |
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Andromachi Piperakis, University of Nottingham: “Economic
Integration, Wage Formation and Union Bargaining” |
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Turan Erol, Ayhan Alguner and Guray Kucukkocaoglu,
Baskent University, Ankara: “Exchange Rate Exposure without
Derivatives: Estimates from and Emerging Market” |
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Wai Mun Chia, Nayang Technological University,
Singapore: “Terms of Trade Stocks and the Current Account” |
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13:30-15:30 |
SESSION 4B |
A423
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Chair:
Dr Keith Pilbeam
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Fotini Voulgaris, Technological Educational
Institute of Crete and Theodore Papadogonas, Athens University of
Economics and Business: “Technology, Firm Size and Industrial
Dynamics: Evidence from the Greek Manufacturing” |
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K. Kosmidou, F. Pasiouras, M. Doumpos and C.
Zopounidis, Technical University of Crete: “Assessing Performance
Factors in the UK Banking Sector: A multicritiria methodology” |
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Keith Pilbeam, City University: “The Drivers
of UK Swap Spreads” |
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Ahmed El-Masry, Manchester Business School: “A
Survey of Derivatives by UK Nonfinancial Companies” |
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Hang Le, The Notingham Trent University; and Ali
Ataulah, University of Durham:
“Human Capital, FDI and
Economic Growth in ASEAN Countries” |
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Hanen Gharbi, Paris Dauphine University: “Exchange rate management : A reaction function” |
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15:30-16:00 |
Coffee Break |
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16:00-18:00 |
SESION 5A |
A422
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Chair:
Professor Nicholas Sarantis
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Hassan Khodavaisi and Gareth Myles, Univeristy of
Exeter: “Commodity taxation and international trade under imperfect
competition with asymmetric countries: Cournot and Bertrand” |
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Mario Cerrato and Nicholas Sarantis, London
Metropolitan University: “Does the purchasing Power Parity Hold in
Developing countries? Evidence from a Panel of Black Market Exchange
Rates” |
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Patrick Van Roy, Universite Libre de Bruxelles: “The
Impact of the 1988 Basle Accord on Bank's Capital Ratios and Credit Risk
Taking: An International Study” |
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Boschi M. and Goenka A., University of Essex: “Capital
flows, risk averse investors and contagion: a macroeconomic model of
international financial crises” |
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Wolf Wagner, Stockholm School of Economics: “International
Risk Sharing and Production Efficiency” |
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Haiping Zhang, University of Bonn: “Collateral
Constraints, Asset Prices, Fiat Money” |
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George Gantzias, University of Aegean: “The
info-communication industry and the ICT in Greece” |
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16:00-18:00 |
SESION 5B |
A423
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Chair: Dr Saqib Jafarey |
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Saqib Jafarey, City University; and Sajal Lahiri,
Southern Illinois University and University of Essex: “Trade
Intervention and Capital Controls: Strategic Interactions and
Commitments” |
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Antonios Antoniou and Constantinos Vorlow, Durham
Business School: “Recurrence Quantification Analysis of Wavelet
Pre-filtered Index Returns” |
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Hang Le, The Notingham Trent University; and Ali
Ataulah, University of Durham:
“Financial Liberalisation and Efficiency of Commercial Banks in
India and Pakistan” |
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Javier Coto-Martinez, City University; and Juan
Reboredo, Universidate de Sandiago de Compostela: “The Balasa-Samuelson
Effect in an Imperfectly Competitive Economy: Empirical Evidence for G7
Countries” |
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Bartosz Gebka, Dobromil Serwa, European University
Viadrina: “Intra- and Inter-regional spillovers between emerging
capital markets around the world” |
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Roman Matousek, London Metropolitan University: “Efficiency
in Banking: An Empirical Evidence from Transition Economies” |
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18:00 |
CLOSING SPEECH: Dr Keith Pilbeam (President IEFS-UK) |
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