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3rd NIFIPs 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)
Antnio Afonso (ISEG-UTL- Portugal)
Antnio 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)
Joo Ferreira do Amaral (ISEG-UTL- Portugal)
Joo 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)
scar Afonso (FEP-U.P. - Portugal)
Paulo Mota (FEP-U.P. - Portugal)
Pedro Cosme (FEP-U.P. - Portugal)
Pedro Leo (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
Fundao Amadeu Dias
* Banco de Portugal
SONAE
Hotel Porto Palcio
Banco BPI
Reitoria da Universidade do Porto
Faculdade de Economia do Porto
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3rd NIFIPs International Annual Conference
MACROECONOMIC POLICY IN TIMES OF CRISIS
NOVEMBER 28TH AND 29TH, 2013
- PROGRAMME

THURSDAY, NOVEMBER 28
TH
, 2013

9H00 9H30 REGISTRATION
9H30 11H00 PARALLEL SESSIONS
SESSION: 1
ROOM 631
CHAIR: PEDRO COSME

AFFILIATION

TITLE
Mota, Paulo and Fernandes, Abel

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?
Czarczynska, Anna Kozminski University (Poland)

RESPONSIBLE FINANCES AS A MAIN
DETERMINANT OF FISCAL SUSTAINABILITY
LLORCA, MATTHIEU


UNIVERSITY OF BOURGOGNE (FRANCE) PUBLIC DEBT AND ECONOMIC GROWTH:
EMPIRICAL EVIDENCE FROM OECD
COUNTRIES


SESSION: 2
ROOM 504
CHAIR:JOO SOUSA ANDRADE

AFFILIATION
TITLE
AFONSO, SCAR AND ALVES, RUI
HENRIQUE
FACULDADE DE ECONOMIA DO PORTO,
NIFIP AND CEF.UP (PORTUGAL)
ECONOMIC GROWTH EFFECTS OF AN
INTERNATIONAL CRISIS
SUSANA, GABRIEL CEF.UP (PORTUGAL) IMMIGRATION AND GROWTH ON THE
HOST COUNTRY
ARGENTINO, PESSOA FACULDADE DE ECONOMIA DO PORTO,
NIFIP AND CEF.UP (PORTUGAL)
EXPLAINING ECONOMIC GROWTH
SLOWDOWN: WHAT IS THE ROLE PLAYED
BY CHANGES IN THE FUNCTIONAL
DISTRIBUTION OF INCOME?

11H00 11h15 COFFEE-BREAK
PLENARY SESSION: 11H15 12H45
SESSION: 3
ROOM 631
CHAIR: MATTI VIREN

AFFILIATION
TITLE
Truger, Achim Berlin School of Economics and Law
and Institute for International Political
Economy (Germany)

Fiscal Policy and Rebalancing in the
Euro Area: a Critique of German
Fiscal Policy from a Keynesian
Perspective
Ferreiro, Jesus University of the Basque Country
(Spain)
Fiscal Consolidation in Spain: What
Makes Us Different?
Torres, Francisco University of Oxford(UK) Political EMU: incremental
institutional change, risk-sharing
and conditionality


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13H00 14H15 CONFERENCE LUNCH
14H30 16H00 PARALLEL SESSIONS
SESSION: 4
ROOM 504
CHAIR:SOFIA GOUVEIA

AFFILIATION

TITLE
KOURSAROS, DEMETRIS CYPRUS UNIVERSITY OF TECHNOLOGY BANKS, LENDING AND THE TRANSMISSION
OF MONETARY SHOCKS
MBORKA, JEANNE MPONDO DEALOGIC (UK) THE GLOBAL EFFECTS OF UNCOORDINATED
QE EXIT STRATEGIES
TOMKIEWICZ, JACEK KOZMINSKI UNIVERSITY (POLAND) MONETARY POLICY AND CONTEMPORARY
FINANCIAL CRISIS BASIC CONCERNS

SESSION: 5
ROOM 631
CHAIR:SCAR AFONSO

AFFILIATION

TITLE
HILMARSSON, HILMAR UNIVERSITY OF AKUREYRI (ICELAND) SMALL STATES DURING A GLOBAL
CRISIS: AUSTERITY VERSUS GROWTH,
THE CASE OF ICELAND AND LATVIA
ANDRADE, JOO SOUSA AND DUARTE, ANTNIO
PORTUGAL
UNIVERSITY OF COIMBRA AND SCHOOL
OF ECONOMICS (PORTUGAL)
NOMINAL CONVERGENCE AND REAL
EXCHANGE RATE MISALIGNMENTS IN
THE EUROPEAN UNION
BONGARDT, ANNETTE ROBERT SCHUMAN CENTRE FOR
ADVANCED STUDIES, EUI (ITALY)
ON ENVIRONMENTAL SUSTAINABILITY
CONSTRAINTS OF THE EUROPEAN
MODEL


16H00 16h15 COFFEE-BREAK
PLENARY SESSION: 16H15 17H25
SESSION: 6
ROOM 631
CHAIR: JESUS FERREIRO

AFFILIATION

TITLE
Afonso, Antnio ISEG, UECE (Portugal) Anatomy of a Fiscal Debacle: the
Case of Portugal

Chortareas, Georgios King's College London (UK) and
University of Athens (Greece)
Fiscal Policy Challenges and
Reforms in Greece





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PLENARY SESSION: 17H30 19H00
SESSION: 7
ROOM 631
CHAIR: ANTNIO AFONSO

AFFILIATION

TITLE
Fontana, Giuseppe University of
Leeds (UK)
0f the Nature and the Role of the
Solvency Rule in a Monetary
Union
Viren, Matti University of Turku (Finland)

Public Debt is Always Toxic to
Economic Growth
Crel, Jerome Centre de Recherche en
conomie OFCE (France
FRENCH PUBLIC FINANCES FOR THE
FUTURE: DEALING WITH THE FISCAL
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.

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FRIDAY, NOVEMBER 29
TH
, 2013
9H00 10H30 PARALLEL SESSIONS
SESSION: 8
ROOM 504
CHAIR: ARGENTINO PESSOA

AFFILIATION

TITLE
Gouveia, Sofia UTAD, CETRAD (Portugal) Business Cycle Correlation
Between the Euro Area and the
Balkan Countries

MARTA, SIMES; ANDRADE, JOO SOUSA AND
DUARTE, ADELAIDE
GEMF/ UNIVERSITY OF COIMBRA AND
SCHOOL OF ECONOMICS (PORTUGAL)
DIMENSIONS OF THE WELFARE STATE
AND ECONOMIC PERFORMANCE: SOME
EVIDENCE FROM OECD COUNTRIES
SANTOS, FLVIO ARANTES UNIVERSIDADE ESTADUAL DE CAMPINAS
(BRASIL)
FISCAL POLICY AFTER THE 2008
FINANCIAL CRISIS: THE CHANGES IN
THE NEW CONSENSUS THINKING

SESSION: 9
ROOM 631
CHAIR: PAULO MOTA

AFFILIATION

TITLE
ALVES, CARLOS AND VICENTE, ERNESTO FACULDADE DE ECONOMIA DO PORTO
AND CEF.UP (PORTUGAL);
UNIVERSIDADE FEDERAL DE SANTA
CATARINA, NPGO, FEPESE AND PPGC
(BRASIL)
DOES THE LATIN MODEL OF
CORPORATE GOVERNANCE PERFORM
WORSE THAN OTHER MODELS IN
PREVENTING EARNINGS
MANAGEMENT?
HILMARSSON, HILMAR UNIVERSITY OF AKUREYRI (ICELAND) ICELAND AND THE GLOBAL CRISIS: DID
THE GOVERNMENT FAKE REALITY?
Christian Mulder, Roberto
Perrelli, Manuel Duarte Rocha
Christian Mulder (IMF), Roberto
Perrelli (IMF), Manuel Duarte
Rocha (FACULDADE DE ECONOMIA DO
PORTO, NIFIP AND CEF.UP (PORTUGAL)
The Role of Banks Balance
Sheets on Early Warning
Systems: What Can We Learn
from the Asian Crisis?

10H30 10H45 COFFEE-BREAK
10H45 12H30 ROUND TABLE
and FINAL OF THE CONFERENCE
SESSION: 10
ROOM 631
CHAIR: ABEL COSTA FERNANDES
Afonso, Antnio ISEG, UECE (Portugal)
Chortareas, Georgios University of Athens (Greece)
Crel, Jerome Centre de Recherche en conomie OFCE (France
Ferreiro, Jesus University of the Basque Country (Spain)
Fontana, Giuseppe University of Leeds (UK)
Torres, Francisco European University Institute (Florence)
Truger, Achim Berlin School of Economics and Law and Institute for International Political
Economy (Germany)
Viren, Matti

University of Turku (Finland)