conference on research on economic theory and econometrics

The 21st Conference on Research on Economic Theory and Econometrics

Naxos, July 10-14, 2023

About crete.

Conference on Research on Economic Theory and Econometrics

The conference

CRETE is an annual conference covering various areas of economic theory and econometrics. The program includes lectures in selected areas by senior invited faculty, as well as paper presentations by advanced PhD students and more junior faculty. The first meeting took place in 2002 and the series has since been successfully continued each summer for the past 20 years.

CRETE 2022 at Tinos

CRETE 2021 at Naxos

CRETE 2019 at Tinos

CRETE 2018 at Tinos

CRETE 2017 at Milos

CRETE 2016 at Tinos

CRETE 2015 at Chania

CRETE 2014 at Milos

CRETE 2013 at Naxos

CRETE 2012 at Milos

CRETE 2011 at Milos

CRETE 2010 at Tinos

CRETE 2009 at Tinos

CRETE 2008 at Naxos

CRETE 2007 at Naxos

CRETE 2006 at Rethymnon

CRETE 2005 at Syros

CRETE 2004 at Syros

CRETE 2003 at Chania

CRETE 2002 at Chania

The 21st Conference on Research on Economic Theory and Econometrics will be held at Naxos, from Monday July 10 through Friday July 14, 2023.

The program includes talks by Costis Daskalakis (MIT), John Geanakoplos (Yale), Michael Haliassos (Goethe Univ. Frankfurt), Hugo Hopenhayn (UCLA), Stelios Michalopoulos (Brown Univ.), Stavros Panageas (UCLA), Elias Papaioannou (LBS), Anders Rahbek (Univ. of Copenhagen), Juuso Välimäki (Aalto Univ.) and Michael Wolf (Univ. of Zurich) among many other distinguished presenters.

The financial support of our sponsors is gratefully acknowledged, as well as the hospitality of the Ursuline School of Naxos . The meeting is organized with the support of the Economics Department of the Athens University of Economics and Business and of the Foundation for Economic & Industrial Research (IOBE) .

Organizing Committee

Costas Azariadis Washington University, St. Louis

Harris Dellas University of Bern

Yannis Ioannides Tufts University

Emmanuel Petrakis University of Crete and Univ. Carlos III de Madrid

Dimitri Vayanos London School of Economics

Nikos Vettas Αthens University of Economics and Business and Foundation for Economic & Industrial Research (IOBE)

Click here to download the conference program in pdf format.

12:15 – 13:00 Registration and welcome

13:00 – 15:30

Parallel Session A: Macroeconomics Chair: Vanghelis Vassilatos (AUEB-Econ)

Dimitris Georgarakos (ECB) “Credibility gains from central bank communication with the public” [with Michael Ehrmann (ECB) and Geoff Kenny (ECB)] - [ Slides ]

Katerina Karadimitropoulou (Univ. of Piraeus) “Commodity price uncertainty comovement: Does it matter for global economic growth?” [with Laurent Ferrara (SKEMA Business School) and Athanasios Triantafyllou (IESEG School of Management)] - [ Slides ]

Nektarios Aslanidis (Univ. Rovira i Virgili) “ The gold standard and the rules of the game: Lessons from the Uruguayan experience ” [with Gastón Diaz (Universidad de la República, Uruguay)] - [ Slides ]

Dimitrios Papageorgiou (Bank of Greece) “ Fiscal distress and banking performance: The role of macroprudential regulation ” [with Hiona Balfoussia (Bank of Greece) and Harris Dellas (Univ. of Bern and CEPR)] - [ Slides ]

Kostas Giakas (AUEB-Econ) “A DSGE model for the European unemployment persistence” - [ Slides ]

Parallel Session B: Industrial Organization Chair: Raffaele Fiocco (Univ. of Bergamo)

Fabio Antoniou (AUEB-Econ) “Storable goods with time-varying preferences” [with Raffaele Fiocco (Univ. of Bergamo)] - [ Slides ]

Emmanuel Petrakis (Univ. of Crete and Univ. Carlos III de Madrid) “General equilibrium, welfare and policy when firms have market power” [with Diego Moreno (Univ. Carlos III-Madrid)] - [ Slides ]

Markos Tselekounis (Univ. of the Piraeus) “ Colluding or settling? The role of unilateral overlapping ownership ” [with Panagiotis Fotis (Hellenic Competition Commission and Hellenic Open Univ.)] - [ Slides ]

Konstantinos Serfes (Drexel Univ.) “ Supplier encroachment with mutual outsourcing ” [with Chrysovalantou Milliou (AUEB-DIEES)] - [ Slides ]

Georgia Kosmopoulou (Univ. of Oklahoma) “ Subcontracting networks, competition and firm participation in public procurement ” [with Nancy Alexander (Langston Univ.), Lei He (Moravian Univ.) and Xueqi Zhou (Google LLC)] - [ Slides ]

15:30 – 16:00 Coffee break

16:00 – 18:30

Parallel Session A: Environmental economics Chair: Daphne Nicolitsas (Univ. of Crete)

Effrosyni Diamantoudi (Concordia Univ.) “Multiple international environmental agreements” [with Olha Hnatyshyn (Concordia Univ.)] - [ Slides ]

Christos Constantatos (Univ. of Macedonia) “ On emissions v. output taxes and the optimality of the regulator’s commitment to a tax rate when consumers are environmentally conscious ” [with Apostolos-Ioannis Martis (Univ. of Macedonia)] - [ Slides ]

George Deltas (Univ. of Illinois at Urbana-Champaign) “Trade clubs and international environmental agreements: Evidence from the Basel convention” [with Prakrati Thakur (Rensselaer Polytechnic Institute)] - [ Slides ]

Michael Michael (Univ. of Cyprus) “ Can small economies act strategically? The case of consumption pollution and non-tradable goods ” [with Panos Hatzipanayotou (AUEB-DIEES) and Nikos Tsakiris (Univ. of Ioannina)] - [ Slides ]

Eftichios Sartzetakis (Univ. of Macedonia) “ Climate coalitions cannot avert the crisis only by moving first in choosing emission and abatement targets ” [with Effrosyni Diamantoudi (Concordia Univ.) and Stefania Strantza (Thompson Rivers Univ.)] - [ Slides ]

Parallel Session B: Econometrics and empirical methods Chair: Dimitris Politis (Univ. of California, San Diego)

Katerina Petrova (Univ. Pompeu Fabra) “Uniform and distribution-free inference with general autoregressive processes” - [ Slides ]

Ioannis Kasparis (Univ. of Cyprus) “Conventional inference in the vicinity of refined nonstationarity boundaries: Regressions with heavy tailed weakly nonstationary processes” [with James Duffy (Oxford Univ.)] - [ Slides ]

Omiros Papaspiliopoulos (Bocconi Univ.) “Inferring multiple treatment effects from observational studies using confounder importance learning” [with David Rossell (Univ. Pompeu Fabra) and Miquel Torrens (CRG Barcelona)] - [ Slides ]

Menelaos Karanasos (Brunel Univ.) “ The short- and long-run cyclical variation of the cross-asset nexus: MIDAS evidence on financial and ‘financialised’ assets ” - [ Slides ]

Panos Toulis (Univ. of Chicago) “Randomization tests in observational studies with staggered adoption of treatment” [with Azeem M. Shaikh (Univ. of Chicago)] - [ Slides ]

9:00 – 9:15 Welcome

9:15 – 11:15 Finance and development lectures Chair: Harris Dellas (Univ. of Bern)

Dimitri Vayanos (LSE) “ Long-horizon investing in a non-CAPM world ” [with Christopher Polk (LSE and CEPR) and Paul Woolley (LSE)] - [ Slides ]

Elias Papaioannou (LBS) “Private colonialism in Africa” [with Giorgio Chiovelli (Univ. de Montevideo), Etienne Le Rossignol (LBS) and Stelios Michalopoulos (Brown Univ.)] - [ Slides ]

Michael Haliassos (Goethe Univ. Frankfurt) “ Consumption and account balances in crises: Have we neglected cognitive load? ” [with Tiziana Assenza (Toulouse School of Economics) and Alberto Cardaci (Goethe Univ. Frankfurt)] - [ Slides ]

11:15 – 11:30 Coffee break

11:30 – 13:30

Parallel Session A: Education, welfare and labor Chair: George Gatopoulos (IOBE)

Manos Matsaganis (Politecnico di Milano) “Earnings shocks and welfare buffers - Southern Europe in comparative perspective” [with Maria Giulia Montanari (Univ. of Milan), Andrea Parma (Politecnico di Milano) and Costanzo Ranci (Politecnico di Milano)] - [ Slides ]

Ruzica Savcic (Univ. of Cyprus) “ Conscription and educational outcomes ” [with Nikolaos Theodoropoulos (Univ. of Cyprus) and Dimitrios Xefteris (Univ. of Cyprus)] - [ Slides ]

Philip Oreopoulos (Univ. of Toronto) “Teaching teachers to use computer assisted learning for facilitating personalized learning at scale: Experimental and non-experimental evidence” [with Chloe Gibbs (Univ. of Notre Dame), Michael Jensen (Univ. of Notre Dame) and Joseph Price (Brigham Young Univ.)] - [ Slides ]

Niki Kalavrezou (IOBE) “ Intergenerational mobility in education in Greece: An exploration into socioeconomic determinants of students’ performance and future career plans before, during and after the crisis ” [with Svetoslav Danchev (IOBE), Georgios Gatopoulos (IOBE) and Nikos Vettas (AUEB-Econ and IOBE)] - [ Slides ]

Parallel Session B: Finance Chair: Nikolas George Tsetsekos (Drexel Univ.)

Manthos Delis (Audencia Business School and Univ. of Ioannina) “ Corporate taxes and economic inequality: A credit channel ” [with Emilios Galariotis (Audencia Business School), Maria Iosifidi (Montpellier Business School) and Steven Ongena (Univ. of Zurich. and CEPR)] - [ Slides ]

Nikos Paltalidis (Durham Univ.) “ Local recessions: Evidence from bank liquidity squeezes ” [with Rajkamal Iyer (Imperial College and CEPR) and Shohini Kundu (Univ. of California)] - [ Slides ]

Stelios Giannoulakis (AUEB-Econ) “ Effects of fiscal stimulus on credit constraints and the role of firm dynamics ” [with Plutarchos Sakellaris (AUEB-Econ)] - [ Slides ]

George Skiadopoulos (Queen Mary Univ. of London and Univ. of Piraeus) “ Dissecting climate risks: Are they reflected in stock prices? ” [with Renato Faccini (Danmarks Nationalbank and Centre for Macroeconomics (LSE)) and Rastin Matin (PFA Asset Management)] - [ Slides ]

13:30 – 14:20 Lecture on optimization and applications Chair: Petros Dellaportas (UCL and AUEB-Statistics)

Costis Daskalakis (MIT) “Game Theory and Machine Learning” - [ Slides ]

14:20 – 15:15 Lunch break

15:15 – 17:15

Parallel Session A: Industrial Organization Chair: Svetoslav Danchev (IOBE)

Stefanos Kalfas (AUEB-Econ) “The effect on bibliodiversity of FBP in Greece” [with Christos Genakos (Univ. of Cambridge and CEPR)] - [ Slides ]

Maria Demetriadou (Univ. of Cyprus) “The cross section of household preferences and the marginal propensity to consume: Evidence from high frequency data” [with Elena Andreou (Univ. of Cyprus) and Andreas Tryphonides (Univ. of Cyprus)] - [ Slides ]

Themistoklis Kampouris (DIW Berlin) “What is the right geographic market definition?” [with Christos Genakos (Univ. of Cambridge and CEPR)] - [ Slides ]

Parallel Session B: Macroeconomics Chair: Evangelos Dioikitopoulos (AUEB – Econ)

Charalampos Papadakis (Univ. Rovira I Virgili) “ Cross-country dependence and financial integration in the last 150 years ” [with Nektarios Aslanidis (Univ. Rovira i Virgili)] - [ Slides ]

Magdalini Tofini (Univ. of Cyprus) “ Forecasting the European GDP using the (MI)xed (DA)ta (S)ampling models: The key role of the Consumption Sentiment Leading Indicator ” [with Elena Andreou (Univ. of Cyprus)] - [ Slides ]

Georgios Liontos (AUEB-Econ) “ Winners and losers from international cooperation. The case of non-commitment optimal policies in non-symmetric countries ” [with Apostolis Philippopoulos (AUEB-Econ)] - [ Slides ]

Alexandros Loukas (Washington Univ., St. Louis) “ Entrepreneurship, Human Capital, and the Misallocation of Talent ” - [ Slides ]

Parallel Session C: Microeconomics and applications Chair: Georges Siotis (Carlos III-Madrid)

Konstantinos Theocharopoulos (Univ. of Siegen) “ A theory of favor exchange between politicians and rich media owners ” - [ Slides ]

Stella Papadokonstantaki (Washington Univ., St. Louis) “Lying aversion and vague communication: An experimental study” [with Keh-Kuan Sun (Chapman Univ.)] - [ Slides ]

Chrysovalantis Vasilakis (Univ. of Bangor) “ Migrants' self-selection and the vicious circle of right-wing populism ” [with Frederic Docquier (LISER)] - [ Slides ]

Georgios Koimisis (Manhattan College) “ An EZ way to evaluate assets ” [with Christos Giannikos (CUNY Baruch College)] - [ Slides ]

9:30 – 12:00

Parallel Session A: Experimental Economics Chair: Nikos Demiris (AUEB – Statistics)

Orestis Kopsacheilis (Technical Univ. of Munich) “ Crowdsourcing the assessment of wine quality – evidence from Vivino ratings ” [with Pantelis P. Analytis (Univ. of Southern Denmark), Karthikeya Kaushik (Univ. of California, Berkeley), Stefan M. Herzog (Max Planck Institute for Human Development), Bahador Bahrami (Ludwig Maximilian Univ.) and Ophelia Deroy (Univ. of London)] - [ Slides ]

Andreas Drichoutis (Agricultural Univ. of Athens) “Incentives and payment mechanisms in preference elicitation” [with Marco A. Palma (Texas A&M) and Paul Feldman (Texas A&M)] - [ Slides ]

Leonidas Spiliopoulos (Max Planck Institute for Human Development) “Noisy retrieval of experienced probabilities underlies rational judgment of uncertain multiple events” [with Ralph Hertwig (Max Planck Institute for Human Development)] - [ Slides ]

Sotiris Georganas (City Univ. of London) “Accidents, disasters and crisis: The effect on citizen perceptions and voter preferences” [with Alina Velias (LSE and AUEB), Phoebe Koundouri (AUEB) and Nan Li (IMF)] - [ Slides ]

Parallel Session B: Macroeconomics Chair: Alexandros Moustakas (IOBE)

Ioanna Avgeri (AUEB-Econ) “ Common bank supervision and profitability convergence in the EU ” [with Yiannis Dendramis (AUEB-Econ) and Helen Louri (AUEB-Econ)] - [ Slides ]

Kyriakos Neanidis (Univ. of Manchester) “ The bank-lending channel of macroprudential policy: evidence from cross-border bank flows ” [with Josefina Fabiani (Univ. of Manchester)] - [ Slides ]

Rigas Oikonomou (Univ. Catholique de Louvain) “The long and short of financing government spending” [with Jochen Mankart (Deutsche Bundesbank) and Romanos Priftis (ECB)] - [ Slides ]

Paraskevi Tzika (Univ. of Cyprus) “The effect of war-caused economic uncertainty on output: Evidence from selected European countries” - [ Slides ]

Stylianos Tsiaras (Swiss Finance Institute – EPFL) “Household inequality and the transmission of unconventional monetary policy” [with Johanna Krenz (Univ. of Hamburg)] - [ Slides ]

Parallel Session C: Finance Chair: Konstantinos Peppas (IOBE)

Alexandros Vardoulakis (Federal Reserve Board) “ Leverage and stablecoin pegs ” [with Gary Gorton (Yale SOM), Elizabeth Klee (Federal Reserve Board), Chase Ross (Federal Reserve Board), Sharon Ross (OFR)] - [ Slides ]

Sotia Xanalatou (Univ. of Luxembourg) “ What can inform us about the arrival of daily extreme stock market events ” [with Vasiliki Chatzikonstanti (AUEB), Michail Karoglou (Aston Business School) and Christian Wolff (Univ. of Luxembourg)] - [ Slides ]

Gelly Mitrodima (LSE) “CAViaR models for value at risk and expected shortfall with long range dependency features” [with Jaideep Oberoi (SOAS, Univ. of London)] - [ Slides ]

Dimitrios Louzis (Bank of Greece) “ Trend inflation and inflation expectations in high dimensional vector autoregressions ” - [ Slides ]

Olga Pavlopoulou (AUEB-Finance) “ The market informativeness of analyst forecasts in family firms ” [with Leonidas Doukakis (AUEB-Finance) and Afroditi Papadaki (AUEB-Finance)] - [ Slides ]

12:00 – 12:20 Coffee break

12:20 – 13:45 Session to honor the work of Miltos Makris Chair: Nikos Vettas (AUEB-Econ and IOBE)

Christos Kotsogiannis (Univ. of Exeter) “Production efficiency and principles of taxation” [with Miltiadis Makris] - [ Slides ]

Tassos Magdalinos (Univ. of Southampton) “ Learning with endogenous information ” [with Subir Bosey (Univ. of Leicester) and Miltiadis Makris] - [ Slides ]

Marios Zachariadis (Univ. of Cyprus) “Representative democracy with or without elections” [with Theodore Palivos (AUEB-Econ) and Miltiadis Makris] - [ Slides ]

13:45 – 14:30 Lunch break

14:30 – 15:30 Michael Magdalinos Lecture Chair: Costas Azariadis (Washington Univ., St. Louis)

Stelios Michalopoulos (Brown Univ.) “The impact of the refugees from Anatolia on the Greek economy and polity: A centennial assessment” - [ Slides ] [Website: www.anatolia-imprints.gr ]

15:30 – 15:45 Coffee break

15:45 – 17:45

Parallel Session A: Education and labor economics Chair: Evangelia Chalioti (Yale)

Konstantinos Tatsiramos (Univ. of Luxembourg and LISER) “On the origins of socio-economic inequalities: Evidence from twin families” [with Paul Bingley (VIVE) and Lorenzo Cappellari (Univ. Cattolica Milano and LISER)] - [ Slides ]

Andros Kourtellos (Univ. of Cyprus) “ Equality of Opportunity (EOp), the great Gatsby curve, and polarization ” [with Giovanni Bernardo (Univ. of Naples), Steven Durlauf (Univ. of Chicago) and Chih Ming Tan (Univ. of North Dakota)] - [ Slides ]

Aspasia Bizopoulou (Univ. of York) “The consequences of #MeToo on harassment and inappropriate behaviour in the workplace” [with Janne Tukiainen (Univ. of Turku and VATT Institute)] - [ Slides ]

Rigissa Megalokonomou (Monash Univ., Melbourne) “Gender interactions in the supreme court with randomly assigned judges” - [ Slides ]

Parallel Session B: Microeconomics and applications Chair: Panagiotis Fotis (Hellenic Competition Authority)

Dimitrios Xefteris (Univ. of Cyprus) “Weighting votes” [with Laurent Bouton (Georgetown Univ.), Aniol Llorente-Saguer (Queen Mary, London) and Antonin Macé (Paris School of Economics)] - [ Slides ]

Kostas Koufopoulos (York Univ.) “ Can information imprecision be valuable? The case of credit ratings ” [with S. Biswas (Univ. of Bristol) and A. Thakor (Washington Univ. St Louis)] - [ Slides ]

Konstantina Maragkou (Cambridge) “Gender gaps in high-stakes teacher assessments” - [ Slides ]

Eirini Thomaidou (Sussex Univ.) “Estimating product quality at the firm-level: a Copula approach” [with Dimitris Smyrnakis (AUEB-Econ)]

Parallel Session C: Finance and macro Chair: Seraina Anagnostopoulou (Univ. of Piraeus)

Stelios Sakkas (Univ. of Cyprus) “Intangible Capital and Business Cycles in the Eurozone” [with Vasiliki-Eirini Dimakopoulou (AUEB-Econ) and Petros Varthalitis (AUEB-Econ)] - [ Slides ]

Anastasios Megaritis (Keele Univ.) “ Option-implied expectations and monetary policy ” - [ Slides ]

Romanos Priftis (ECB) “ Macroeconomic effects of carbon transition policies: An assessment based on the ECB’s new area-wide model with a disaggregated energy sector ” [with Gunter Coenen (ECB) and Matija Lozej (Central Bank of Ireland)] - [ Slides ]

Arsenios Skaperdas (Federal Reserve Board) “Non-linear effects of inflation expectations” - [ Slides ]

9:00 –10:30 Lectures on Industrial Organization Chair: Myrto Kalouptsidi (Harvard)

Simon Anderson (Univ. of Virginia) “ Ad-financed media competition with endogenous bilateral multi-homing ” [with Øystein Foros (Norwegian School of Economics) and Hans Jarle Kind (Norwegian School of Economics)] - [ Slides ]

Eugenio Miravete (Univ. of Texas at Austin) “Home bias and the effectiveness of industrial policy” [with Maria J. Moral (UNED and GRiEE)] - [ Slides ]

10:30 – 10:45 Coffee break

10:45 –12:15 Lectures on cities and transport economics Chair: Amedeo Odoni (MIT)

Theodore Papageorgiou (Boston College) “Port technology and investment in infrastructure” [with Giulia Brancaccio (New York Univ.) and Myrto Kalouptsidi (Harvard Univ.)] - [ Slides ]

Yannis Ioannides (Tufts) “Global leapfrogging of urban growth: 4000 BC – 2000 AD” [with Shengbin Wei (Tufts Univ.)] - [ Slides ]

12:15 – 12:30 Coffee break

12:30 –13:10 Emmanuel Drandakis Lecture Chair: Gikas Hardouvelis (Univ. of Piraeus and National Bank of Greece)

Stavros Panageas (UCLA, Anderson School of Management) “ Running primary deficits forever in a dynamically efficient economy: Feasibility and optimality ” [with Andrew B. Abel (Univ. of Pennsylvania)] - [ Slides ]

13:10 –13:50 Microeconomic Theory Lecture Chair: Emmanuel Petrakis (Univ. of Crete and Univ. Carlos III de Madrid)

Juuso Välimäki (Aalto Univ.) “Endogenous Timing in Social Learning” [with Daniel Hauser (Aalto Univ.) and Pauli Murto (Aalto Univ.)] - [ Slides ]

13:50 – 14:40 Lunch break

14:40 –15:40 Economic Theory and Finance Lecture Chair: Dimitri Vayanos (LSE)

John Geanakoplos (Yale) ”Fragility, Multiplicity, and Fire Sales with Debt and Default: Thinking Outside the Edgeworth Box” - [ Slides ]

15:40 – 17:40

Parallel Session A: Econometrics and Data Chair: John Tsoukalas (Univ. of Southampton)

Anders Rahbek (Univ. of Copenhagen) “Tail behavior of dynamic duration models and consequences for likelihood-based estimation: The case of the ACD model” [with G. Cavaliere, T. Mikosch and F. Vilandt] - [ Slides ]

George Michailidis (Univ. of Florida) “ A Bayesian framework for sparse estimation in high-dimensional mixed frequency Vector Autoregressive models ” [with Nilanjana Chakraborty (Univ. of Florida) and Kshitij Khare (Univ. of Florida)] - [ Slides ]

Michael Wolf (Univ. of Zurich) “Improved inference in financial factor models” [with Elliot Beck (Univ. of Zurich) and Gianluca De Nard (Univ. of Zurich)] - [ Slides ]

Ioannis Souropanis (Loughborough Univ.) “ Forecasting exchange rate realized volatility: An amalgamation approach ” [with Antonis Alexandridis (Univ. of Macedonia) and Ekaterini Panopoulou (Univ. of Essex)] - [ Slides ]

Parallel Session B: Finance Chair: Nikolas Topaloglou (AUEB-DIEES)

Nikolaos Artavanis (Virginia Tech.) “ Reference-dependent preferences and mutual fund flows ” [with Asli Eksi (Salisbury Univ.)] - [ Slides ]

Georgios Panos (Aristotle Univ. of Thessaloniki and Univ. of Glasgow) “Financial literacy and household finance in Greece” - [ Slides ]

Ilias Tsiakas (Univ. of Guelph) “ The market state and asset pricing anomalies ” [with Michael Di Carlo (Univ. of Guelph)] - [ Slides ]

Athanasios Andrikopoulos (Univ. of Hull) “ Do macroprudential policies lower firms’ financial leverage? Firm-level evidence from China? ” [with Zhongfei Chen (Jinan Univ.) and Kexin Li (Peking Univ.)] - [ Slides ]

Parallel Session C: Theory Chair: Dimitrios Minos (King's College London)

Alkis Georgiadis-Harris (Univ. of Bonn) “Smart banks” [with Maxi Guennewig (Univ. of Bonn) and Yuliyan Mitkov (Univ. of Bonn)] - [ Slides ]

Philip Schnattinger (Bank of England) “State-dependent non-linear search and matching” [with Hanbaek Lee (Univ. of Tokyo) and Francesco Zanetti (Univ. of Oxford)] - [ Slides ]

Hector Tzavellas (Virginia Tech) “ Network games under uncertainty ” [with Promit K. Chaudhuri (Virginia Tech) and Sudipta Sarangi (Virginia Tech)] - [ Slides ]

Orestis Troumpounis (Univ. of Padua) “Communication and the emergence of a unidimensional world” [with Philippos Louis (Univ. of Cyprus) and Nikolas Tsakas (Univ. of Cyprus)] - [ Slides ]

9:00 – 11:00

Parallel Session A: Finance Chair: Sarantis Kalyvitis (AUEB - DIEES)

Panagiotis Avramidis (ALBA) “ The effects of an aging population on the structure of bank assets and liabilities ” [with George Pennacchi (Univ. of Illinois)] - [ Slides ]

Evangelos Charalambakis (Bank of Greece) “ How do good, bad, and systemic bond downgrades affect dividend policy? ” [with Dimitrios Psychoyios (Univ. of Piraeus) and Konstantinos Kakouris (Univ. of Piraeus)] - [ Slides ]

Sotiris Kampanelis (Cardiff Business School) “ Finance and intergenerational mobility evidence from US banking reforms ” [with Dimitris Chronopoulos (Univ. St Andrews) and John O.S.Wilson (Univ. St Andrews)] - [ Slides ]

Veni Arakelian (Piraeus Bank) “Mind the analyst or the brokerage?” [with Mike Tsionas (Lancaster Univ.)] - [ Slides ]

Parallel Session B: Empirical microeconomics Chair: Ekaterini Kyriazidou (NYU, Abu Dhabi)

Christos Cabolis (IMD) “Country characteristics that encourage emissions reduction” [with Panayiotis C. Andreou (Cyprus Univ. of Technology and Durham Univ.), Sofia Anyfantaki (Bank of Greece) and Konstantinos Dellis (Univ. of Piraeus)] - [ Slides ]

Dimitris Christelis (Univ. of Glasgow) “The causal effect of facemask-wearing on symptomatic Infection from COVID-19: Observational data evidence from 26 European countries and Israel” [with Loretti I. Dobrescu (Univ. of New South Wales) and Anna Sanz-de-Galdeano (Univ. of Alicante)] - [ Slides ]

Manolis Chatzikonstantinou (Georgetown Univ., Qatar) “Firm-firm trade, learning and international trade” - [ Slides ]

Spyridon Lazarakis (Lancaster Univ.) “ Pandemic-induced wealth and health inequality and risk exposure ” [with Konstantinos Angelopoulos (Univ. of Glasgow), Rebecca Mancy (University of Glasgow) and Max Schroeder (Univ. of Birmingham)] - [ Slides ]

Parallel Session C: Education and Labor Chair: Vally Koubi (Univ. of Bern)

Kourtney Koebel (Univ. of Toronto) “Social norms, childcare and maternal labour supply: Evidence using exogenous increases in school entry ages Across US States ” [with Elizabeth Dhuey (Univ. of Toronto)] - [ Slides ]

Dimitris Petmezas (Durham Univ.) “ Spillover effects of the opioid epidemic on labor and innovation ” [with Christodoulos Louca (Cyprus Univ. of Technology) and Roni Michaely (Univ. of Hong Kong and ECGI)] - [ Slides ]

Ioannis Laliotis (Univ. of Peloponnese) “Work pay and employee retention: evidence from the 2016 change in the English NHS trainee doctors” [with Giuseppe Moscelli (Univ. of Surrey, IZA), Marco Mello (Univ. of Surrey) and Melisa Sayli (Univ. of Surrey)]

Eleni Kyrkopoulou (Univ. of Piraeus) “Neighborhood effects in education: The case of the Athens Olympic village” [with Christos Genakos (Cambridge and CERP), Ioannis Polycarpou (IRI) and Elias Papaioannou (London Business School)] - [ Slides ]

11:00 – 11:15 Coffee break

11:15 –12:00 Innovation and Growth Lecture Chair: Harris Dellas (Univ. of Bern)

Hugo Hopenhayn (UCLA) “ Innovation and knowledge diffusion with limited appropriation ” [with Liyan Shi (Carnegie Mellon Univ.)] - [ Slides ]

12:00 – 14:00

Parallel Session A: Public and labor economics Chair: Maria Arvaniti (Univ. of Bologna)

Anastasios Karantounias (Univ. of Surrey) “ Greed versus fear: Optimal time-consistent taxation with default ” - [ Slides ]

Yota Deli (Univ. College Dublin) “Income tax structure and income distributions: An index of individual tax elasticity” [with Fotis Delis (EC, Joint Research Centre) and Theano Kakoulidou (ESRI and Trinity College Dublin)] - [ Slides ]

Argyris Sakalis (Univ. of Sheffield) “ Pudding, plague and education: Trade and human capital formation in an agrarian economy ” [with Pantelis Kammas (AUEB-DIEES) and Vassilis Sarantides (AUEB-Econ)] - [ Slides ]

Efi Adamopoulou (Univ. of Mannheim) “ Staggered contracts and unemployment during recessions ” [with Luis Diez Catalan (BBVA Research) and Ernesto Villanueva (Bank of Spain)] - [ Slides ]

Parallel Session B: Theory and applications Chair: Dimitrios Bakas (Nottingham Trent Univ. and RCEA)

Efstathios Avdis (Univ. of Alberta) “ Continuous Heterogeneous Information Large Economy (CHILE) ” [with Sergei Glebkin (INSEAD)] - [ Slides ]

Angelos Diamantopoulos (SOAS, Univ. of London) “ Delegation of learning from multiple sources of information ” [with Arina Nikandrova (CUL)] - [ Slides ]

Ioannis Kospentaris (Virginia Commonwealth U.) “How much work experience do I need... to get my first job?” [with Shisham Adhikari (UC Davis) and Athanasios Geromichalos (UC Davis)] - [ Slides ]

Zacharias Maniadis (Univ. of Cyprus and Univ. of Southampton) “ ‘Fear of the Light’: Does openness reduce the effect of nudges? A data-driven review ” [with Hendrik Bruns (EU JRC), Adrien Fillon (Univ. of Cyprus) and Yavor Paunov (RIT, Stockholm)] - [ Slides ]

Parallel Session C: Product markets Chair: DFrago Kourandi (National and Kapodistrian Univ. of Athens)

Evgenia Passari (Université Paris-Dauphine) “Unpacking commodity price fluctuations: Reading the news to understand inflation” [with Dimitris Malliaropulos (Bank of Greece and Univ. of Piraeus) and Filippos Petroulakis (Bank of Greece)] - [ Slides ]

Thanos Dimas (Hellenic Competition Commission) “Using pass-through as an economic tool: Evidence from two imperfectly competitive retail markets” - [ Slides ]

Georgia Papoutsi (Hellenic Agricultural Organization AGRERI-DEMETER) “ The effect of single and multilabeling on extra virgin olive oil consumer choices: the case of organic and PDO labels ” - [ Slides ]

Theodore Tsekeris (KEPE) “Impact of transport cost on the ‘attractiveness’ of export markets for Greek agricultural products” - [ Slides ]

14:00 – 15:00 End of the conference

Participants

Lists of participants.

More recent PhDs

Doctoral candidates

About Naxos

Naxos is the largest island in the Cyclades, located at the center of the archipelago. The oldest, to date, archaeological find on the island and among the oldest in Greece was located in Stelida- pyrite processing workshops of the Middle and Upper Paleolithic Period (c. 80000-10000 BC). Naxos has been uninterruptedly inhabited since the 4th millennium BC. The first inhabitants are thought to have come from the northeastern Greek region of Thrace. The Thracians dominated for 200 years and were succeeded by the Carians. The latter came from Asia Minor and were led by Naxos, who imposed his name on the island.

The Classical era on Naxos –as in the rest of Greece- was marked by tremendous cultural achievements but also numerous and long wars. After 41 BC, Naxos was part of the Roman province of the islands which was governed from Rhodes, until the Byzantine period between 7th and early 13th century. Like other islands in the region, Naxos was under Venetian rule for most of its recent history (early 13th through early 16th century). It was ruled by the Ottomans for more than two centuries, before it became part of the modern Greek state on May 6, 1821.

The largest town and capital of the island is Chora or Naxos City, with 7,374 inhabitants (2011 census). The main villages are Filoti, Apiranthos, Vivlos, Agios Arsenios, Koronos and Glynado. It is a mostly mountainous island, with a widely alternating landscape with mountaintops, torrents, gorges and caves, predominantly encountered in the northwestern, northeastern and southeastern sections of the island. Naxos has an area of 430sq.km and a coastline of 148km, with almost the entire western coast being an endless string of long, sandy beaches.

Utilizing the significant alternations in geomorphology and geological structure, the island is famous as a source of emery, a rock rich in corundum, which until modern time was one of the best abrasives available, but also, Naxos has always nurtured art, ever since the first statuettes, the first vessels and the first creations in marble by known and unknown technicians in the Proto-Cycladic period (3200-2000 BC).

More at Naxos.gr , at Naxos.net , or at LonelyPlanet.com .

Travel information

There are two basic was to get to Naxos, by sea and by air. You can reach the island by boat from the port of Piraeus (a 3.5-6 hour trip, depending on the ferry) or from the port of Rafina (a 3-6 hour trip, depending on the ferry). In July there are direct flights from many European cities to Naxos.

For ferry schedules you may visit Blue Star Ferries , Hellenic Seaways , Fast Ferries , or Seajets . For airplane tickets you may visit Aegean Airlines or Olympic Air .

You may also visit travel agencies such as airtickets , pamediakopes.gr , or OpenSeas .

Conference venue

The school was in operation until 1970 and was restored in 2009, when it reopened as a state-of-the-art cultural center. Since opening, it has hosted international conferences and symposiums in various scientific fields as well as artistic and cultural events and exhibitions.

University of Bern

Drexel university.

AUEB Department of Economics

For further details please contact the organizing committee at [email protected] .

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AUEB’s Department of Economics supports the organization of the 21st Conference on Research on Economic Theory and Econometrics from July 10 through July 14, 2023 at Naxos

The Department of Economics of the Athens University of Economics and Business supports the organization of the 21st Conference on Research on Economic Theory and Econometrics, which will take place at Naxos, July 10-14, 2023.

This summer school involves invited faculty and PhD candidates from Greece and abroad, in various areas of economic theory and econometrics. The first meeting took place in 2002 and the series has since been continued each summer.

This year the set of invited participants includes Costis Daskalakis (MIT), John Geanakoplos (Yale), Michael Haliassos (Goethe Univ. Frankfurt), Hugo Hopenhayn (UCLA), Stelios Michalopoulos (Brown Univ.), Stavros Panageas (UCLA), Elias Papaioannou (LBS), Anders Rahbek (Univ. of Copenhagen), Juuso Välimäki (Aalto Univ.) and Michael Wolf (Univ. of Zurich), among several other distinguished guests. The program also includes several presentations by advanced PhD students and junior faculty.

For further information on the conference and the program, please visit the website http://www2.aueb.gr/conferences/Crete2023/

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Eighteenth Conference on Research on Economic Theory and Econometrics

The 18th Conference on Research on Economic Theory and Econometrics will be held at Tinos, from Friday July 12 through Tuesday July 16, 2019.

The program includes talks by Simon Anderson (Univ. of Virginia), Costis Daskalakis (MIT), John Geanakoplos (Yale), Hugo Hopenhayn (UCLA), Eugenio Miravete (Univ. of Texas at Austin), Torsten Persson (Stockholm Univ.), Peter C.B. Phillips (Yale) and Patrick Rey (Toulouse School of Economics), among many other distinguished presenters.

http://www2.aueb.gr/conferences/Crete2019/

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Fourth Annual Columbia Conference on Economic Theory (CCET)

Thursday, september 22, 2022 - friday, september 23, 2022, event navigation.

• « NERA Economic Consulting at Columbia University
• Nineteenth annual Berkeley / Columbia / Duke / MIT / Northwestern IO Theory Conference »

Venue : The 4th Annual Columbia Conference on Economic Theory (CCET) will be held on Thursday, September 22, 2022 – Friday, September 23, 2022. The conference will be held in 890 Kravis Hall  (get directions) .

Faculty Organizers : Laura Doval & Elliot Lipnowski

Preliminary Schedule: Thursday, September 22

9:00AM: Breakfast and Registration 9:55AM: Welcome Remarks 10:00 AM: Françoise Forges  “Forward neologism-proof equilibrium in cheap talk games” (joint with Stéphan Sémirat) 10:50AM: Coffee Break 11:05AM: Jan Knoepfle  “Should the Timing of Inspections be Random?” (joint with Ian Ball) 11:55AM: Break 12:10PM: Yannai Gonczarowski  “To Infinity and Beyond: Scaling Economic Theories via Logical Compactness”  (joint with Scott Kominers and Ran Shorrer) 1:00PM: Lunch 2:30PM: Andreas Kleiner  “Optimal Delegation in a Multidimensional World” 3:20PM: Coffee Break 3:35PM: Daniel Rappoport  “Pricing for Coordination” (joint with Marina Halac and Elliot Lipnowski) 4:25PM: Break 4:40PM: Sevgi Yuksel  “Mental Models and Learning: The Case of Base-rate Neglect” (joint with Ignacio Esponda and Emanuel Vespa)

Friday, September 23 9:00AM: Breakfast 10:00AM: Jeff Ely  “Information Design in Dynamic Moral Hazard” (joint with George Georgiadis and Luis Rayo) 10:50AM: Coffee Break 11:05AM: Sarah Ridout  “Trust and Respect” 11:55AM: Break 12:10PM: Inga Deimen  “Communication or Control” (joint with Andreas Blume) 1:00PM: Lunch 2:30PM: Ravi Jagadeesan  “Matching and Prices” (joint with Alex Teytelboym) 3:20PM: Alessandro Lizzeri  “Disentangling Exploration from Exploitation” (joint with Eran Shmaya and Leeat Yariv)

Registration: Register here to attend the 4th Annual Columbia Conference on Economic Theory (CCET)

This conference is sponsored by Columbia University’s Program for Economic Research (PER) and the Microeconomic Theory Initiative (MTI). Learn more about the 2nd and 3rd Columbia Conference on Economic Theory (CCET). Please direct any questions to [email protected] .

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Mail Code 3308

420 West 118th Street

New York, NY 10027

Econometrics and Mathematical Economics

Since 1970, the Conference on Econometrics and Mathematical Economics (CEME) has received support from the National Science Foundation to hold a series of meetings on research issues in economic theory and methodology. Currently, CEME is supported by NSF grant SES-1757139 to the National Bureau of Economic Research, under Principal Investigators Edward Vytlacil (Yale University) and Chris Shannon (University of California, Berkeley). There are eight active seminars (five in econometrics, three in mathematical economics). Each seminar holds one meeting per calendar year, in rotating venues.

Since November 1970, sixteen different seminar groups have been formed (eight are active currently). In over four decades of operation, CEME has been successful in promoting communication between scholars in academics, business, and government, as well as students, in a series of ongoing seminars on particular topics in economics.

CEME's purpose is to stimulate discussion and research on the frontiers of econometric and economic theory, and to investigate the application of mathematical, statistical, and computational techniques to empirical economics studies. It is intended to both encourage research on new topics and speed the dissemination of the latest findings by leading scholars. To this end, these meetings have been exceptionally successful, providing forums for the exchange of ideas in economic theory and methods that are not constrained by the more formal frameworks of journal publication. The channels of communication are informal and regular, allowing specialists in selected topic areas to meet regularly, at widely dispersed institutions and for longer periods than is generally possible at meetings of professional societies. Priority is often given to the presentation of work by younger scholars, who have fewer opportunities to speak to larger audiences at meetings of professional societies.

Since CEME's inception, seminar groups have produced hundreds of working papers, books, and articles in professional journals, which have been broadly circulated, making the contents of the seminars more broadly available. In addition, over the last few years all seminars have set up web sites that contain programs and links to papers. A number of collections of papers presented at CEME meetings have been published in special issues of professional journals, including the  American Economic Review ,  Bell Journal of Economics ,  International Economic Review ,  Journal of Applied Econometrics ,  Journal of Political Economy , and the  Review of Economic Studies . Over the years, the various seminars have published several volumes of collected papers; royalties from some of those volumes (on Bayesian techniques and applications) have been used to create the Savage Memorial Trust Fund, which provides annual awards for the best doctoral dissertation using Bayesian methods.

Investigators

Chris Shannon is the Richard and Lisa Steiny Professor of Economics and a professor of mathematics at the University of California, Berkeley. Her research interests are mathematical economics and applied mathematics.

Edward J. Vytlacil is a professor of economics at Yale University and an NBER faculty research fellow. His research focuses on econometric methods for estimating treatment effects and conducting policy evaluation using disaggregated data.

Supported by the National Science Foundation grants #1357700 and #1757139

More from nber.

In addition to working papers , the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter , the NBER Digest , the Bulletin on Retirement and Disability , the Bulletin on Health , and the Bulletin on Entrepreneurship  — as well as online conference reports , video lectures , and interviews .

The 2024 RCEA 

International conference in economics, econometrics, and finance.

The 2024 RCEA International Conference 

In economics, econometrics and finance,   brunel university london, 20-22 may 2024.

The Rimini Centre for Economic Analysis (RCEA) , jointly with the Department of Economics and Finance at Brunel University London, invites papers to be considered for the 2024 RCEA International Conference in Economics, Econometrics, and Finance (ICEEF2024) . 

ICEEF is the RCEA's main biennial conference, gathering economists and econometricians to present and discuss their work at the cutting edge of economic and econometric research. The conference promotes cross-fertilization and exchange between academics and policymakers along the RCEA mission of contributing to the progress of the highest quality scientific research and drawing analyses and policy recommendations on the full range of economic and related issues.

ICEEF2024 will parallel the 8th RCEA Time Series Econometrics Workshop and the 14th RCEA Bayesian Workshop at Brunel University. Participants in ICEF2024 will have access to all Bayesian and Time Series Workshops sessions and vice versa.

Previous editions of the conference were headed as the Rimini Conference in Economics and Finance (RCEF).

The Centre welcomes submissions for the contributed sessions in all areas of Economics, Econometrics, and Finance. 

The Economics and Finance Section includes Macroeconomics and Monetary Economics; Microeconomics; International Economics; Financial Economics; Public Economics; Health, Education, and Welfare Economics;  Labor and Demographic Economics; Law and Economics; Industrial Organization; Economic Development, Innovation, Technological Change, and Growth; Environmental and Climate Economics; Urban, Regional, Tourism, and Transportation Economics; Political Economy.  

The Econometrics Section includes Dynamic Econometrics, Time Series Econometrics, Bayesian Econometrics, Semiparametric and Nonparametric Methods, Panel Data Models, Cross-Sectional Methods, State Space Models, Neural Networks, Big Data Econometrics, Financial Econometrics, Climate Econometrics.

Programme Details

Keynote Speakers

Tim Besley (London School of Economics and Political Science)

John Campbell (Harvard University)

Giuseppe Cavaliere (University of Bologna and University of Exeter)

Andrew Chesher (University College of London)

Raffaella Giacomini (University College of London)

Minchul Shin (Federal Reserve Bank of Philadelphia)

Giovanni Urga (Bayes Business School, London)

An thony Venables (Oxford University)

Conference V enue  

Th is in-person conference will take place at Brunel University London .  

Sessions will be held at the Eastern Gateway Building (ESGW; F4 in the campus map) and the Lecture Centre (LC; D4 in the campus map). 

Campus information is available here .

Conference Programme  

The Conference Programme is available here .

Unless otherwise indicated, the last speaker in each session is expected to act as the Chair of the session.

Conference Social Events:

Pub Event: Monday, 20 May.  

Registered participants are invited to freely join us for a drink at the Founder's Arms on Monday, 20 May, starting at 7:45 pm. Bring your conference badge: No badge, No drink. Please tell us if you are coming by filling in the form here . 

Conference Dinner : Tues day, 2 1 May.  

The conference dinner will take place at Davy's at Plantation Place London on Tuesday, 21 May, starting at 8 pm. The cost is €75. A credit card payment can be made here . Please c hoose your dinner (meat, fish, or veg) by filling in the form here . 

Paper submission deadline: March 10, 2024

Notification: March 2 0, 2024

Registration: March 20 -April 1, 2024

Late Registration: April 1- 15 , 2024

Registration F ee

Standard fee: €300 (Senior researchers); €150 (PhD students)

Late fee: €500 (Senior researchers); €300 (PhD students)

The registration fee includes access to the parallel 14 th RCEA Bayesian Econometrics workshop (20-22 May) and 8 th RCEA Time Series Econometrics workshop (20-2 1 May), and daily catering.

Pay the Registration fee

Deadline: Sunday, 12 May 2024

On- C ampus A ccommodation: Book your room here

A limited number of rooms are available at Lancaster Hotel

Double Deluxe room - £170.00 (incl. VAT, excl. breakfast) per night

Standard room - £95.00 (incl. VAT, excl. breakfast) per night

Breakfast buffet for £12.95 per adult  

Conference Chairs

Guglielmo Maria Caporale (Brunel University London)

Marcelle Chauvet (University of California Riverside)

Claudio Morana (University of Milano-Bicocca)

Programme Committee

Karim Abadir (Imperial College - London)

Stelios Arvanitis (Athens University of Economics and Business)

Stylianos Asimakopoulos (Brunel University London)

Richard Baillie (Michigan State University)

Pierpaolo Benigno (Bern University)

Filipe Campante (Johns Hopkins University)

Alessandra Canepa (University of Torino and Brunel University London)  

Guglielmo Maria Caporale (Brunel University London)  

Marcelle Chauvet (University of California Riverside)  

Gilles Chemla (Imperial College London, UK)

Alessandro Cigno (University of Firenze)

Carl Davidson (Michigan State University)

Judith Dean (Brandeis University)

Ja vier Donna (University of Florida, U S )

Roberto Leon Gonzalez (National Graduate Institute for Policy Studies)

Jana Grittersova (University of California-Riverside)

Ana Maria Herrera (University of Kentucky)

John Hunter (Brunel University London)

Mark Jensen (Federal Reserve Bank of Atlanta)

Menelaos Karanasos (Brunel University London)

Ioannis Kasparis (University of Cyprus)

Sylvia Kaufmann (Study Center Gerzensee, Foundation of the Swiss National Bank)

Gary Koop (University of Strathclyde)

Alessandra Luati (University of Bologna and Imperial College)

John Maheu (DeGroote School of Business, McMaster University)

Tassos Magdalinos (University of Southampton)

Zack Miller (University of Missouri)

Maurizio Mussoni (University of Bologna)

Gianluigi Pelloni (Founding Director,  RCEA)

Mike Plummer (Johns Hopkins University)

Tommaso Proietti (University of Roma - Tor Vergata)

Alessandro Riboni   (Ecole Polytechnique Paris; CREST)

Vasilis Sarafidis (Brunel University London)

Anamaria Diana Sova (Brunel University London)

Rodney Strachan (University of Queensland)

Gabriel Talmain (University of Glasgow)

Patrizio Tirelli (University of Pavia)

Aman Ullah (University of California Riverside)

Stephane Wolton (London School of Economics and Political Science)

Galina Zudenkova (TU Dortmund University)

Contact: RCEA

Our Sponsors

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ThReD is an organization dedicated to research in Development Economics. ThReD takes theory seriously, including empirical work that is motivated and guided by theory. The questions of economic development necessitate continuous dialogue between theory and empirics. Our goal is to provide a platform that contributes to this dialogue from the theory side. That means we support research where the main contribution is theoretical, research that combines theory and empirics, as well as research that is purely empirical but is theoretically grounded and helps us choose between alternative theories, and/or stimulates further theoretical research. Our goal is to hold workshops, conferences, and host working papers and lecture notes, all geared to a methodological focus that is theory-oriented.

ThReD holds an annual conference in Development Economics, emphasizing theory. This website will keep track of conferences, past, present and future, and in addition it will act as a respository of working papers and lecture notes. Stay tuned as we develop this respository into a more structured archive of development research.

If you are interested in particpating in ThReD by organizing a conference, get in touch by sending email to [email protected] . Currently, being an Associate of ThReD is by invitation only.

Please feel free to browse through this site by using the links above. Comments and suggestions are more than welcome.

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Cornell Penn State 2023 agenda

Conferences and Workshops

The Cowles Foundation hosts several distinguished annual and bi-annual conferences serving different areas of economic disciplines.

2024 Conferences

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Cowles summer conferences.

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CITD, SIS organises International Conference on Recent Developments in Economics Research: Theory and Evidence

Centre for international trade and development (citd) school of international studies (sis), jawaharlal nehru university (jnu) delhi 110067, india, international conference on, recent developments in economics research: theory and evidence, 7-8 march, 2024.

CITD invites research papers from scholars for presentation at the above conference.

Theoretical and empirical papers in any areas of Economics, including but not limited to the following themes are welcome:

1. Theoretical Economics Research 2. Open Economy Macroeconomics and International Economics 3. International Political Economy 4. Financial Economics, Financial Markets and Globalization of Finance 5. Technology, Innovation, and Economic Growth 6. Environmental Economics and Sustainability 7. Development Economics 8. Labour Economics, Human Capital, Population Studies 9. Economic Impact of the COVID 19 Pandemic 10. Economics of Remote Working 11. Any Other

Please submit your paper at this Google Form on or before 15 January, 2024

 Acceptance of submitted paper will be notified by the first week of February, 2024. Outstanding contributions from young scholars (below 35 years of age) will be considered for “Best Paper Awards”.  Limited travel grant (within India to and fro) and local hospitality will be provided to paper presenters, subject to availability of funds.  For any query, please contact < [email protected] >  Organizing Committee: Mandira Sarma, Rashmi Barua, Ajeet Kumar Sahoo, Suman Das; CITD, SIS, JNU

A warm welcome to the modified and updated website of the Centre for East Asian Studies. The East Asian region has been at the forefront of several path-breaking changes since 1970s beginning with the redefining the development architecture with its State-led development model besides emerging as a major region in the global politics and a key hub of the sophisticated technologies. The Centre is one of the thirteen Centres of the School of International Studies, Jawaharlal Nehru University, New Delhi that provides a holistic understanding of the region.

Initially, established as a Centre for Chinese and Japanese Studies, it subsequently grew to include Korean Studies as well. At present there are eight faculty members in the Centre. Several distinguished faculty who have now retired include the late Prof. Gargi Dutt, Prof. P.A.N. Murthy, Prof. G.P. Deshpande, Dr. Nranarayan Das, Prof. R.R. Krishnan and Prof. K.V. Kesavan. Besides, Dr. Madhu Bhalla served at the Centre in Chinese Studies Programme during 1994-2006. In addition, Ms. Kamlesh Jain and Dr. M. M. Kunju served the Centre as the Documentation Officers in Chinese and Japanese Studies respectively.

The academic curriculum covers both modern and contemporary facets of East Asia as each scholar specializes in an area of his/her interest in the region. The integrated course involves two semesters of classes at the M. Phil programme and a dissertation for the M. Phil and a thesis for Ph. D programme respectively. The central objective is to impart an interdisciplinary knowledge and understanding of history, foreign policy, government and politics, society and culture and political economy of the respective areas. Students can explore new and emerging themes such as East Asian regionalism, the evolving East Asian Community, the rise of China, resurgence of Japan and the prospects for reunification of the Korean peninsula. Additionally, the Centre lays great emphasis on the building of language skills. The background of scholars includes mostly from the social science disciplines; History, Political Science, Economics, Sociology, International Relations and language.

Several students of the centre have been recipients of prestigious research fellowships awarded by Japan Foundation, Mombusho (Ministry of Education, Government of Japan), Saburo Okita Memorial Fellowship, Nippon Foundation, Korea Foundation, Nehru Memorial Fellowship, and Fellowship from the Chinese and Taiwanese Governments. Besides, students from Japan receive fellowship from the Indian Council of Cultural Relations.

Yale Hosts Deposit Insurance Conference, Offering New Perspectives on Research and Policy

Deposit Insurance is the most significant explicit government guarantee to the financial sector, and in the wake of recent bank failures, there have been multiple proposals to reform the deposit insurance system in the United States.

To advance our understanding of the trade-offs and considerations that shape the design of deposit insurance schemes, Yale’s Tobin Center for Economic Policy and the Wharton Initiative on Financial Policy and Regulation recently convened over 60 leading researchers and policymakers for the ‘ Rethinking Optimal Deposit Insurance ’ Conference.

The full day conference featured researcher presentations on bank fragility and failure, as well as new approaches to deposits and insurance. According to conference organizers Eduardo Dávila (Yale) and Itay Goldstein (Wharton), the day brought about many fruitful debates on the optimal split between bank supervision and regulation, the desirability of insuring deposits used for business payment purposes, and the interaction between deposit insurance and lender-of-last-resort policies.

Paper presentations spanned many different methodologies, and combined both empirical work and theoretical modeling. Dávila noted several research highlights, including Jose Luis Peydro's presentation, which included new and detailed disaggregated data on the impact of changes in deposit insurance policies in Denmark, as well as Emil Verner's presentation, which leveraged historical data to determine the ultimate cause of bank failures and banking crises, and whether these can be appropriately predicted.

The keynote panel, titled ‘New Perspectives for Policy,’ brought together both research and policy viewpoints, and included discussion of the FDIC’s 2023 “ Options for Deposit Insurance Reform ” analysis, which outlines three options to reform the nation's deposit insurance system. The panel, as well as all thoughtful discussions of each of the papers, were designed to draw practical conclusions and present open questions for the design of deposit insurance policies.

Panelists, from left to right: Larry White (New York University), Eva Hüpkes (International Association of Deposit Insurers), Patrick Mitchell (Federal Deposit Insurance Corporation), Anna Kovner (Federal Reserve Bank of New York), Anil Kashyap (University of Chicago), Itay Goldstein (Wharton)

Participants spanned a diverse group of policy institutions, among them:

• Federal Deposit Insurance Corporation (FDIC)
• International Association of Deposit Insurers (IADI)
• Canada Deposit Insurance Corporation
• Office of the Comptroller of the Currency (OCC)
• Federal Reserve Board
• Federal Reserve Bank of New York
• Federal Reserve Bank of Boston
• Federal Reserve Bank of Atlanta
• Bank of England