82th International Conference
Programme - November 2003, 6 & 7
Toledo, SPAIN

Université Castilla La Mancha
(with abstracts)
(private access)

You will find enclosed contributions accepted by the scientific committe but which can not be ensured during the conference.

Wednesday November 05, 2003
Registration at the end of afternoon


Thursday November 06, 2003
Friday November 07, 2003
08h00 Registration  

08h30 Session 1 : Exchange Rate Regimes

MASTEN Igor, Coricelli Fabrizio , Jazbec Boštjan
European University Instutute and University of Ljubljana Italie
Cointegration Approach to Estimating Exchange Rate Pass-Through: The Role of Exchange Rate Regimes in Inflationary Performance in Acceding Countries


POPPER Helen, Parsley David Santa Clara University USA
Exchange Rate Pegs and Foreign Exchange Exposure in East Asia


ROUMEGOUS Emmanuelle, CERDI, CNRS-Université d’Auvergne, France
On de Jure and de Facto Exchange Rate Regimes in Developing Countries


08h30 Keynote Speeches 2 & 3

John F. Kennedy School of Government

"Endettement et vulnérabilité des pays émergents"

10h00 Break 10h00 Break

10h30 Session 2 : Financial Crises

ABIAD Abdul International Monetary Fund USA
Early Warning Systems : a Survey and a Swithching Regime


JOHNSON Christian Universidad Adolfo Ibanez Espagne, Benavente José M., Morandé Felipe G., U. de Chile
Debt Composition and Balance-Sheet Effects of Exchange Rate:
A Firm level Analysis for Chile


TENREYRO Silvana, Federal Reserve Bank of Boston USA
On the Trade Impact of Nominal Exchange Rate Volatility


10h30 Session 5: Capital Market

BENCZUR Peter , Magyar Nemzeti Bank Hongrie
The Composition of Sovereign Debt: a Description



DE GRAUWE Paul, CIRAOLO Stéfania, KUL Belgique
Contagion between Foreign Exchange and Government Debt Crisis
in Emerging Markets


DUPAIGNE Martial, Robert Marc Y., GREMAQ, Université Toulouse I France
Do Capitals Flows Destabilize Emerging Economies?


UCTUM Remzi, Uctum M., Thurston T. Université Paris-X Nanterre France
Public Debt, the Unit Root Hypothesis and Structural Breaks:
a Multi-Country Analysis


12h00 Lunch
  Poster Session 1: Exchange rate, inflation and Crises

ALI Leila, CEFI France
Transparency and Speculative Attacks.
Why Exchange Rate Regimes have been so Costly for Emerging Countries ?


BAUER Christian, University of Bayreuth Allemagne
Uniqueness in Currency Crisis Models


BATINI Nicoletta, Bank of England UK
Achieving and Maintaining Price Stability in Nigeria


BUSCAGLIA Marcos A., IAE - School of Management and usiness, Universidad Austral Argentine
Targeting in Emerging Market Countries. Too MuchExchange Rate Intervention?


CAMPOS Isabel, Universidad de Valladolid Espagne
Devaluation and Revaluation Expectations in the Venezuela Crawling Band Regime


DUNCAN Roberto, Central Bank of Chile
Floating, Official Dollarization, and Macroeconomic Volatility:
An Analysis for the Chilean Economy


GUTIERREZ Pedro, Universidad de Valladolid Espagne
A Characterization of the Argentinian Production Sector Prior to the 1998 Crisis


KOHLSCHEEN Emanuel, Institute for International Economic Studies, Suède
Do Constitutional Side Payments Induce Subnational Bailouts ?


MORALES-ZUMAQUERO Amalia, University of Málaga and centrA Espagne
The Real Exchange Rate Fluctuations Puzzle : Evidence for Advanced Economies versus Transition Economies


LESOURD Jean-Baptiste, Greqam;
CLARK Ephraim, Middlesex University Business School
The Determination of the Risk Premium for Sovereign Debt :
A Multicriteria Approach. Application to Emerging Countries.


VASILENKO Yu., University of Kiev Ukraine
Quantitive Evaluation of Exchange Rate Policy Influence on Foreign Trade


ROMANO Claudio Capitalia Italie
Measuring and Optimizing Portfolio Credit Risk: a Copula-Based Approach


Wollmershäuser Timo ifo Institute for Economic Research Bofinger Peter, University of Würzburg
Managed Floating: Theory and Practice


12h00 Lunch
Poster Session 2 : Trade and Financial Liberalisation, Capital Markets and Economic Growth

CHEPTEA Angela, TEAM - Université Paris 1 France
Trade Liberalization vs Institutional Change


KIZYS Renatas, Ciccarelli Matteo Universidad de Alicante Espagne
Measuring Financial Integration in the Baltic Countries with Time-Varying Techniques: A Bayesian versus Classical Methodology


KIZILIMARK Burca Ayse, Ankara University Turquie
International Trade and Labor Demand Elasticities: Evidence from Turkey


MERLEVEDE Bruno,Ghent University Belgique
Reform Reversals and Output Growth in Transition Economies

NAABORG Ilko, Lensink Robert, Scholtens Bert, University of Groningen NL
Foreign Bank Ownership in Transition Economies:The Effects on Performance


PAMUKCU Teoman, Centre De Recherche En Economie Appliquee , Luxembourg
Economic Liberalization And Innovation Activities Of Firms
In Emerging Economies: The Case Of Turkey


SABA ARBACHE Jorge, Dickerson Andy, Green Francis, Universidade de Brasília
Trade Liberalisation and Wages in Developing Countries



13h30 Session 6: Private sector and firm economics

HILDEBRANDT Antje, Oesterreichiche Nationalbank Foreign Research Division (Autriche)
On the Causes of Soft Budget Constraints:
Firm-Level Evidence from Bulgaria and Romania



14h30 Break 15h00 Break

15h00 Session 3: Country risk and ratings assessments

BUSCAGLIA Marcos A, School of Management and Business, Universidad Austral Argentine, Cruces Juan José, Universidad de San Andrés, Alonso Joaquín, Raymond James Argentina
The Term Structure of Country Risk and Valuation in Emerging Markets


KRAEUSSL Roman, University of Crete Grèce
Sovereign Risk, Credit Ratings and the Recent Financial Crises in Emerging Markets


PHYLAKTIS Kate, Ravazzolo Fabiola , Cass Business School UK
Currency Risk In Emerging Equity Markets


15h30 Session 7 : Global performances

Chairperson : Khalid SEKKAT,
Université Libre de Bruxelles

BORRAZ Fernando, López-Córdova Ernesto, InterAmerican Development Bank USA
Has Globalization Deepened Income Inequality in Mexico?


16h30 Break

17h45 Last Drink
17h00 Session 4 : Impact of Exchange Rate Regimes

BOINET Virginie, Oreste Napolitano, Spagnolo Nicola, Brunel University London

Was the Currency Crisis in Argentina Self-Fulfilling?


LOCHARD Julie, de Sousa Jose, ROSES - Université Paris 1 Panthéon-Sorbonne France
Do Currency Unions Solve the Border Effect Puzzle?
Evidence from the CFA Franc Zone


NADER Nazmi, University Lake Forest (Chicago) USA
Sovereign Risk, Spot Exchange Rates and Non-deliverable Forwards
in Emerging Markets: Evidence from Brazil.


TAPIA Matías, Morandé Felipe, Central Bank of Chile Chili
Exchange Rate Policy in Chile : From the Band to Floating and Beyond




18h45 End of session  



Poster (A4 --> A3)


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