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NOeG 2008 - Annual Meeting of the Austrian Economic Association
Vienna, 23-24 May, 2008
FRIDAY, May 23, 2008
Parallel Sessions (I)
S1.1 - EMU I: Monetary Policy
14:00 - 16:00, S. 5.48 (D) Chair: WOLTERS Jürgen
S1.1-1
FABIO BALBONI, MARCO BUTI, MARTIN LARCH
S1.1-2
Is a Unified Macroeconomic Policy Necessarily Better for a Common Currency Area?
ANSGAR BELKE, DANIEL GROS
S1.1-3
The Stress of Having a Single Monetary Policy in Europe
JAN-EGBERT STURM, TIMO WOLLMERSHÄUSER
S1.1-4
M3 money demand and excess liquidity in the euro area
CHRISTIAN DREGER, JUERGEN WOLTERS
S1.2 - EMU I: Monetary Policy
14:00 - 16:00, S. 5.44 (B) Chair: KNELL Markus
S1.2-1
The Maastricht Inflation Criterion: What is the Effect of Expansion of the European Union?
JOHN LEWIS, KARSTEN STAEHR
S1.2-2
Bank Portfolios and the Bank Lending Channel in Austria
JOHANN BURGSTALLER
S1.2-3
MARKUS KNELL, ALFRED STIGLBAUER
S1.3 - EMU II: Fiscal Policy and Policy Coordination
14:00 - 16:00, S. 5.46 (C) Chair: LEWIS John
S1.3-1
Defying the 'Juncker’s Curse’: Can Reformist Governments Be Re-elected?
MARCO BUTI, ALESSANDRO TURRINI, PAUL VAN DEN NOORD, PIETRO BIROLI
S1.3-2
The Growth of Government Expenditures in the Long Run: Is Austria Subject to “Wagner’s Law”?
REINHARD NECK, MICHAEL GETZNER
S1.3-3
KERSTIN BERNOTH, ANDREW HUGHES HALLETT, JOHN LEWIS
S1.3-4
ANDREW HUGHES HALLETT, RASMUS KATTAI, JOHN LEWIS
S1.4 - EMU II: Fiscal Policy and Policy Coordination
14:00 - 16:00, S. 5.43 (A) Chair: DEVEREUX Michael P.
S1.4-1
Optimal Fiscal Policy Rule in a Small Open Economy with Endogenous Dollarization
LUIS PALACIOS-SALGUERO
S1.4-2
Taxing
deficits to restrain government spending and foster
capital accumulation
NIKOLAI STÄHLER
S1.4-3
The Open Method of Coordination (OMC) as an Evolutionary Game
ANA B. ANIA, ANDREAS WAGENER
S1.4-4
Increased efficiency through consolidation and formula apportionment in the European Union?
MICHAEL P. DEVEREUX, SIMON LORETZ
S1.5 - EMU III: Exchange Rate Policy
14:00 - 16:00, S. 5.47 (C) Chair: BADINGER Harald
S1.5-1
Forecasting euro exchange rates: How much does model averaging help?
JESUS CRESPO CUARESMA
S1.5-2
Price Level Convergence in Europe: Did the Introduction of the Euro Matter?
JESUS CRESPO CUARESMA, BALAZS EGERT, MARIA SILGONER
S1.5-3
From Austrian Shilling to the Euro: Consumer Adaptation Strategies
BERNADETTE KAMLEITNER, EVA HOFMANN, ERICH KIRCHLER
S1.5-4
Country Size and the Trade Effects of the Euro
HARALD BADINGER, FRITZ BREUSS
S1.6 - EMU III: Exchange Rate Policy
14:00 - 16:00, S. 5.45 (B) Chair: FRÖMMEL Michael
S1.6-1
Welfare Effects of the Euro Cash Changeover
CHRISTOPH WUNDER, JOHANN SCHWARZE, GERHARD KRUG, BODO HERZOG
S1.6-2
An Economic Analysis of the Single Euro Payments Area (SEPA)
GUIDO SCHAEFER
S1.6-3
The dynamic of Beliefs: Introduction of the Euro
PAULINA GRANADOS ZAMBRANO
S1.6-4
Macroeconomic announcements, communication and order flow on the Hungarian foreign exchange market
MICHAEL FRÖMMEL, NORBERT KISS M., KLARA PINTER
S1.7 – International Finance / International Macro
14:00 - 16:00, S. 1.12 (B) Chair: FIDRMUC Jarko
S1.7-1
Revealing the Preferences of the US Federal Reserve
PELIN ILBAS
S1.7-2
Integrated with Their Feet: Cross-Border Lending at the German-Austrian Border
JARKO FIDRMUC, CHRISTA HAINZ
Parallel Sessions (II)
S2.1 - International Trade
16:15 - 18:00, S. 5.48 (D) Chair: TONDL Gabriele
S2.1-1
Horizontal versus Vertical Interdependences in Multinational Activity
HARALD BADINGER, PETER EGGER
S2.1-2
Firm Growth in Multinational Corporate Groups
HARALD OBERHOFER, MICHAEL PFAFFERMAYR
S2.1-3
Does Trade Facilitation Matter in Bilateral Trade?
CHAHIR ZAKI
S2.1-4
Sectoral productivity and spillover effects of FDI in Latin America
GABRIELE TONDL, JORGE A. FORNERO
S2.2 - International Trade
16:15 - 18:00, S. 5.44 (B) Chair: MOSER Christoph
S2.2-1
International Outsourcing, Firm Performance and Employment – Evidence from German Establishment Data
CHRISTOPH MOSER, DIETER URBAN, BEATRICE WEDER DI MAURO
S2.2-2
Policies to attract Foreign Direct Investment: An industry-level analysis
CHRISTIAN BELLAK, MARKUS LEIBRECHT, ROBERT STEHRER
S2.2-3
INES BUONO
S2.2-4
CHRISTOPH MOSER, DIETER URBAN, BEATRICE WEDER DI MAURO
S2.3 - International Trade
16:15 - 18:00, S. 5.46 (C) Chair: DLUHOSCH Barbara
S2.3-1
The Effect of Foreign Affiliate Employment on Wages, Employment, and the Wage Share in Austria
ÖZLEM ONARAN
S2.3-2
An Analysis on the Determinants of Indian Machine tool Exports
RIJESH RAJU
S2.3-3
Impact of EU Anti-dumping measure on Third Country
LUDO CUYVERS, WEIFENG ZHOU
S2.3-4
The Paradox of Weakness in International Trade Negotiations
BARBARA DLUHOSCH, NIKOLAI ZIEGLER
S2.4 – International Finance / International Macro
16:15 - 18:00, S. 5.43 (A) Chair: KUKK Kalle
S2.4-1
Capital Liberalization and the U.S. External Imbalance
ELVIRA PRADES, KATRIN RABITSCH
S2.4-2
VICTORIA DOBRYNSKAYA
S2.4-3
Global Impact of a Shift in Foreign Reserves to Euros
FRITZ BREUSS, WERNER ROEGER, JAN IN'TVELD
S2.4-4
Have Growth Perspectives Improved in Europe under Stability and Growth Pact?
KALLE KUKK
S2.5 – Macroeconomics
16:15 - 18:00, S. 5.47 (C) Chair: STOCKHAMMER Engelbert
S2.5-1
Do Menu Costs Make Prices Sticky?
THOMAS EIFE
S2.5-2
Forecasting with DSGE models: The role of nonlinearities
PAUL PICHLER
S2.5-3
Demand effects of the falling wage share in Austria
ENGELBERT STOCKHAMMER, STEFAN EDERER
S2.5-4
ENGELBERT STOCKHAMMER, ECKHARD HEIN, LUCAS GRAFL
S2.6 – Macroeconomics and Growth
16:15 - 18:00, S. 5.45 (B) Chair: ZULEHNER Christine
S2.6-1
Was Weber Wrong? A Human Capital Theory Of Protestant Economic History
SASCHA O. BECKER, LUDGER WOESSMANN
S2.6-2
Child Mortality Decline, Inequality and Economic Growth
TAMARA FIORONI
S2.6-3
Determinants of regional growth in Hungary
ANNA IARA
S2.6-4
Determinants of declining prices in memory industries: learning-by-doing vs. market structure
RALPH SIEBERT, CHRISTINE ZULEHNER
S2.7 – Public Economics
16:15 - 18:00, S. 1.12 (B) Chair: KOH Hyun-Ju
S2.7-1
Effective Taxation of Top Incomes in Germany, 1992-2002
STEFAN BACH, GIACOMO CORNEO, VIKTOR STEINER
S2.7-2
Centrist’s Curse? An Electoral Competition Model with Credibility Constraints
SELIM JÜRGEN ERGUN
S2.7-3
The Role of Technological Spillovers in an Uneven Subsidy Competition Game
RAINALD BORCK, HYUN-JU KOH, MICHAEL PFLÜGER
SATURDAY,
May 24, 2008
Parallel Sessions (III)
S3.1 – Macroeconomics and Growth / Business Cycle
09:00 - 11:00, S. 5.48 (D) Chair: ROOS Michael W.M.
S3.1-1
Structural Convergence of European Countries
NICOLE HÖHENBERGER, CLAUDIA SCHMIEDEBERG
S3.1-2
China in the World Economy: Dynamic Correlation Analysis of Business Cycles
JARKO FIDRMUC, LIKKA KORHONEN, IVANA BATOROVA
S3.1-3
An estimated two-country DSGE model of Austria and the Euro Area
FRITZ BREUSS, KATRIN RABITSCH
S3.1-4
As if or what? Expectations and optimization in a simple macroeconomic environment
MICHAEL W.M. ROOS, WOLFGANG J. LUHAN
S3.2 – Climate Change / Regional Economics / Tourism
09:00 - 11:00, S. 5.44 (B)
S3.3 – Econometrics and Algorithms 09:00 - 11:00, S. 5.46 (D) Chair: HUELSEWIG Oliver S3.3-1
The
Short and Long-run Interdependencies Between the
Eurozone and the U.S.A.
PAUL GAGGL, SERGUEI KANIOVSKI, KLAUS PRETTNER, THOMAS URL
S3.3-2
Detecting an endogenous dummy variable in a bivariate probit model: A response surface analysis
JOHANNES JAENICKE
S3.3-3
Forecasting Euro Area Quarterly Real GDP - Optimal Pooling of Information
OLIVER HUELSEWIG, JOHANNES MAYR, TIMO WOLLMERSHAEUSER
S3.4 – Econometrics and Algorithms / Microeconomics
09:00 - 11:00, S. 5.43 (A) Chair: BORSKY Stefan
S3.4-1
Combined Forecasts in the Presence of Structural Breaks
DIRK ULBRICHT
S3.4-2
Does it pay to be nice? Personality and earnings in the UK
Guido Heineck
S3.4-3
Estimating Risk-taking Behaviour in Risky Sports: A Hedonic Market Approach
STEFAN BORSKY, PAUL A. RASCHKY
S3.5 – Labor Markets / Migration
09:00 - 11:00, S. 5.47 (C) Chair: JAAG Christian
S3.5-1
Just-cause
Provisions and Social Criteria for
Redundancy with Worker Adverse Selection
FLORIAN BAUMANN
S3.5-2
Regional female labour force participation: Empirical evidence for Austria
MARTIN FALK, THOMAS LEONI
S3.5-3
Evaluating job search programmes in Austria – further evidence
HELMUT HOFER, RICHARD SELLNER, ANDREA WEBER
S3.5-4
Pension
Reform, Retirement and Life-Cycle Unemployment:
An Analysis of Pension Reform in Austria
CHRISTIAN JAAG, CHRISTIAN KEUSCHNIGG, MIRELA KEUSCHNIGG
S3.6 – Labor Markets / Migration
09:00 - 11:00, S. 5.45 (B) Chair: HUBER Peter
S3.6-1
Firm productivity, workforce age and vocational training in Austria
BERNHARD MAHLBERG, INGA FREUND, ALEXIA PRSKAWETZ
S3.6-2
Education, Unemployment and Migration
WOLFGANG EGGERT, TIM KRIEGER, VOLKER MEIER
S3.6-3
Employer-Provided
Training during Transition:
Empirical Evidence from Ukraine
LENA KOERBER, ALEXANDER MURAVYEV
S3.6-4
PETER HUBER, KLAUS NOWOTNY
S3.7 – Labor Markets / Migration and Public Economics
09:00 - 11:00, S. 1.12 (B) Chair: RIEDL Aleksandra
S3.7-1
Viktor Steiner, Katharina Wrohlich
S3.7-2
Parental Labor Market Success and Children’s Education Attainment
Carsten Ochsen
S3.7-3
Testing the tax competition theory: How elastic are national tax bases in Western Europe?
ALEKSANDRA RIEDL, SILVIA ROCHA AKIS
Parallel Sessions (IV)
S4.1 – Labor Markets / Migration
14:00 - 16:30, S. 5.48 (D) Chair: BÖHEIM René
S4.1-1
Clash of Career and Family: Fertility Decisions after Job Displacement
EMILIA DEL BONO, ANDREA WEBER, RUDOLF WINTER-EBMER
S4.1-2
Unemployment and Unemployment Duration
CARSTEN OCHSEN
S4.1-3
Labour Market Institutions, Competition, and Macroeconomic Performance in the Euro Area
KLAUS WEYERSTRASS, JOHANNES JEANICKE
S4.1-4
Labor Market Institutions and Macroeconomic Volatility in a Panel of OECD Countries
FABIO RUMLER, JOHANN SCHARLER
S4.1-5
Work, retirement and life expectancy: Evidence from changes to retirement from strenuous work
RENÉ BÖHEIM, HELMUT MAHRINGER
S4.2 – Risk and Financial Markets
14:00 - 16:30, S. 5.44 (B) Chair: MOSER Christoph
S4.2-1
Age effects in monetary valuation of mortality risks - The relevance of individual risk exposure
ANDREA LEITER
S4.2-2
European
Stock Market Integration:
Panel Data Convergence and Stationary Analysis
NESRINE MARAOUB
S4.2-3
The Impact of Political Risk on Sovereign Bond Spreads - Evidence from Latin America
CHRISTOPH MOSER
S4.3 – Risk and Financial Markets
14:00 - 16:30, S. 5.46 (C) Chair: WÖLFLE Marco
S4.3-1
DORIS RITZBERGER-GRUENWALD, HELMUT STIX
S4.3-2
HELMUT STIX
S4.3-3
Risk Premia, Carry-Trade Dynamics, and Speculative Efficiency of Currency Markets
CHRISTIAN WAGNER
S4.3-4
Price Discovery for Cross-Listed Securities from Emerging Eastern European Countries
MARCO WÖLFLE
S4.4 – Microeconomics
14:00 - 16:30, S. 5.43 (A) Chair: LÖFFLER Clemens
S4.4-1
ROSSELLA ARGENZIANO, PHILLIP SCHMIDT-DENGLER
S4.4-2
Information and Beliefs in a Repeated Normal-Form Game
DIETMAR FEHR, DOROTHEA KÜBLER, DAVID DANZ
S4.4-3
The Effect of Joint Custody on Marriage and Divorce
MARTIN HALLA
S4.4-4
The Tragedy of Patriotism: On the Creation of Identity in Conflicts
MARTIN KOLMAR, ANDREAS WAGENER
S4.4-5
So test therefore, who commits to strategy
CLEMENS LÖFFLER
S4.5 – Microeconomics / Industrial Organization
14:00 - 16:30, S. 5.47 (C) Chair: RASCH Alexander
S4.5-1
S-shaped probability weighting and hyperbolic preference reversal - an intimate relationship
HERBERT WALTHER
S4.5-2
Before Death Do Us Part: On Premature Contract Breakup and Partial Property Rights
BERNHARD GANGLMAIR
S4.5-3
Internal decision-making rules and collusion
ALEXANDER RASCH, ACHIM WAMBACH
S4.6
– Industrial Organization
14:00 - 16:30, S. 5.45 (B) Chair: HAMMERSCHMIDT Anna
S4.6-1
Version compatibility and strategy against entry
NAOKI KOJIMA
S4.6-2
Choice between Cartels and Horizontal Mergers
POONAM MEHRA
S4.6-3
A network model of price dispersion
GIACOMO PASINI, PAOLO PIN, SIMON WEIDEHOLZER
S4.6-4
R&D cooperation with unit-elastic demand
GEORG GÖTZ, ANNA HAMMERSCHMIDT
S4.7 – Microeconomics / Industrial Organization
14:00 - 16:30, S. 1.12 (B) Chair: HESSE Nils
S4.7-1
PAUL A. RASCHKY, MANIJEH SCHWINDT
S4.7-2
Parent Firms, Subsidiaries and Investment
KLAUS GUGLER, ESTHER KALKBRENNER, EVGENI PEEV
S4.7-3
Inequity Aversion and Individual Behavior in Public Good Games: An Experimental Investigation
ASTRID DANNENBERG, THOMAS RIECHMANN, BODO STURM, CARSTEN VOGT
S4.7-4
Managerial compensation in a two-level gift-exchange experiment
NILS HESSE, M. FERNANDA RIVAS
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