Program
Each presentation will last 1 hour: 30 minutes for the author, 15 for the discussant and 15 for the floor.
Download the full program in pdf
Thursday, June 27, 2013
12.30 – 14.00 Registration and lunch
14.00 - 16.00 Session 1: TARGET2 AND REGIONAL BALANCES
Chair: Andrea Presbitero (Università Politecnica delle Marche)
Paper 1: Seeking the way to regional adjustment: can real exchange rate and relative demand changes really help in the euro area? (Juan Carlos Martinez Oliva, Peterson Institute of International Economics)
Discussant: Giacomo Oddo (Bank of Italy)
Paper 2: Interpreting Target2 balances (Robert N. McCauley, Bank for International Settlements)
Discussant: Andrea Fracasso (Università di Trento)
16.00 - 16.30 Coffee break
16.30 - 18.30 Session 2: BANKING CRISES
Chair: Luca Papi (Università Politecnica delle Marche)
Paper 3: Cross-Border Interbank Networks, Banking Risk and Contagion (Lena Tonzer, European University Institute)
Discussant: Marco Mazzoli (Università di Genova)
Paper 4: What causes banking crises? An empirical investigation for the world economy (Patrick Minford, Cardiff University)
Discussant: Francesco Marchionne (Trent Business School)
20.30 - 23.00 Networking dinner
Friday, June 28, 2013
08.30 - 10.30 Session 3: IMBALANCES IN THE EURO AREA
Chair: Pietro Alessandrini (Università Politecnica delle Marche)
Paper 5: External imbalances and fiscal fragility in the euro area (Michele Fratianni, Indiana University & Università Politecnica delle Marche)
Discussant: Roberto Tedeschi (Bank of Italy)
Paper 6: The Importance of Trade and Capital Imbalances in the European Debt Crisis (Andrew Hughes Hallett, George Mason University)
Discussant: Patrizio Tirelli (Università di Milano Bicocca)
10.30 - 11.00 Coffee break
11.00 - 12.00 Session 4: CAPITAL FLOWS
Chair: Andrew Hughes Hallett (George Mason University)
Paper 7: International Capital Flows and Development: Financial Openness Matters (Luca A. Ricci, International Monetary Fund)
Discussant: Andrea Presbitero (Università Politecnica delle Marche)
12.00 – 13.15 Keynote speech
Chair: Michele Fratianni (Indiana University & Università Politecnica delle Marche)
Speaker: George Tavlas (Bank of Greece): From Grexit to Crexit: The Greek Sovereign Debt Crisis
13.15 - 14.30 Lunch
14.30 - 16.30 Session 5: CURRENT ACCOUNT
Chair: George Tavlas (Bank of Greece)
Paper 8: Fiscal policy rules and current account adjustment (Stefan Hohberger , University of Bayreuth)
Discussant: Marika Cioffi (Bank of Italy)
Paper 9: US Current Account Balance and Dollar Standard: Exploring the Linkages (Andreas Steiner, University of Osnabrück)
Discussant: Giovanni Pittaluga (Università di Genova)