EUROFRAME Conference 2013: Program and Papers



8.00 – 8.45: Registration

8.45 – 9.00: Opening Addresses
Luca Barbone, CASE, Catherine Mathieu, OFCE


9.00 – 9.40: Keynote Lecture
Macroprudential policy: expanding the central bank’s countercyclical arsenal, by Andrzej Sławiński, NBP


9.40 – 10.00: Coffee Break


10.00 – 12.00: Parallel Session. EU Governance

Chair: Paolo Onofri, PROMETEIA


The new EU fiscal governance framework: a quantum leap or only small steps ahead?
Gerrit B. Koester, Philipp Mohl and Ad van Riet, ECB


Economic policy coordination in EMU: From Maastricht via SGP to the Fiscal Pact
Jorgen Mortensen, CEPS and CASE


Catherine Mathieu and Henri Sterdyniak, OFCE


Discussant: Wim Suyker, CPB


10.00 – 12.00: Parallel Session. Financial Issues

Chair: Tomasz Chmielewski, NBP, Warsaw School of Economics


Drivers of foreign and domestic demand for sovereign bonds in developed and emerging economies: fundamentals vs. market sentiment
Tomasz Orpiszewski, University of Paris Dauphine and AXA IM


Wishful thinking or effective threat? Tightening bank resolution regimes and bank risk-taking
Magdalena Ignatowski and Josef Korte, Goethe University Frankfurt

Do safe banks create a safe system? Post-crisis financial architecture and Central and East European banks
Ewa Miklaszewska, Cracow University of Economics, Katarzyna Mikołajczyk, Cracow University of Economics, Małgorzata Pawłowska, National Bank of Poland, Economic Institute

Discussant: Philip Davis, NIESR


10.00 – 12.00: Parallel Session. Disparities

Chair: Klaus-Jürgen Gern, IfW


Growth risks for the EU emanating from global imbalances
Tatiana Fic and Ali Orazgani, NIESR


The Euro Plus Pact: Competitiveness and external capital flows in the EU countries
Hubert Gabrisch, Halle Institute for Economic Research, Karsten Staehr, Tallinn University of Technology

The reindustrialization of the euro area countries which lost their competitiveness and European industrial strategy as the challenge of the EU policy. Do the new EU member states have any Industrial strategy?
Karolina Krupa, Warsaw School of Economics

Discussant: Ide Kearney, ESRI

12.00-13.00 - Lunch


13.00 – 14.55: Parallel Session. Financial Issues

Chair: Ryszard Kokoszczyński NBP, UW

Modelling and simulating the banking sectors of the US, Germany and the UK
E Philip Davis and Iana Liadze, NIESR

Macroprudential policy and imbalances in the euro area
Michał Brzoza-Brzezina, Marcin Kolasa, Krzysztof Makarski, NBP and Warsaw School of Economics

Banking union: a solution to the euro crisis?
Maylis Avaro, ENS Cachan, and Henri Sterdyniak, OFCE


Discussant: Oskar Kowalewski, Warsaw School of Economics


13.00 – 14.55: Parallel Session. EU Governance

Chair: Markku Kotilainen, ETLA


How to Contain Risks Throughout the Process of the Eurozone Dismantlement and Rebuild Confidence in the Future of the European Union
Stefan Kawalec, Capital Strategy, and Ernest Pytlarczyk, BRE Bank S.A.

Effective European governance – Comparative analysis of the present institutional arrangements and potential federal solutions

Marcin Święcicki, European Movement Forum

Government spending shocks, sovereign risk and the exchange rate regime
Dennis Bonam, VU University Amsterdam, and Jasper Lukkezen, CPB and Utrecht University

Post-crisis lesson for EMU governance from the principal-agent approach
Luca Barbone, CASE, and Grzegorz Poniatowski, CASE and Warsaw School of Economics

Discussant: Luc Eyraud, IMF


13.00 – 14.55: Parallel Session. EMU Membership: Cross-Country Comparisons

Chair: Margit Schratzenstaller, WIFO

Euro - How big a difference: Finland and Sweden in search of macro stability
Paavo Suni and Vesa Vihriälä, ETLA

Finland and Sweden in a cross country comparison: What are the lessons?
Sixten Korkman, Aalto University School of Business, Antti Suvanto, Bank of Finland

Does euro area membership affect the relation between GDP growth and public debt?

Christian Dreger, DIW Berlin, European University Viadrina Frankfurt Oder, Hans-Eggert Reimers, Hochschule Wismar

Discussant: Jerzy Osiatyński, INE PAN, WSFiP


15.00 – 16.30: Parallel Session. Fiscal issues
Chair: Joachim Scheide, IfW


Estimating and forecasting using simple fiscal rules for euro area countries
Christpoher Phillip Reicher and Martin Plödt, IfW

Sensitivity of fiscal-policy effects to policy coordination and business cycle conditions
Matti Viren, University of Turku and Bank of Finland

Is there an alternative strategy for reducing public debt by 2032?
Christophe Blot, OFCE, Marion Cochard, OFCE, Jérôme Creel, OFCE and ESCP Europe, Bruno Ducoudré, OFCE, Danielle Schweisguth, OFCE, Xavier Timbeau, OFCE

Discussant: Jorgen Mortensen, CEPS and CASE


15.00 – 16.30: Parallel Session. Federalism

Chair: Cezary Wójcik, PAN

A comparative perspective on the European fiscal governance framework
Luc Eyraud and Raquel Gomez Sirera, IMF

Economic effects of unilateral European climate action
Leszek Kąsek, World Bank, Olga Kiuila, University of Warsaw, Faculty of Economic Sciences, Krzysztof Wójtowicz, Polish Ministry of Economy, Strategy and Analyses Department, Tomasz Żylicz, University of Warsaw, Faculty of Economic Sciences

What kind of fiscal union is needed within the EU and EMU?
Marek Dąbrowski, CASE

Discussant: John Fitz Gerald, ESRI


15.00 – 16.30: Parallel Session. WWWforEurope Invited Special Session
Chair: Catherine Mathieu, OFCE

Unconditional Convergence in Currency Unions: An analysis of European regions from 1991 to 2009

Matthias Firgo and Peter Huber, WIFO

Labour market performance in OECD countries: A comprehensive empirical modelling approach of institutional interdependencies
Andreas Sachs and Frauke Schleer, ZEW

Funding the EU budget – Need and options for reform

Margit Schratzenstaller, WIFO

Discussant: Guido Baldi, DIW

16.30 – 16.45: Coffee Break


16.45 – 18.20: Roundtable
Chair: Luca Barbone, CASE

Marek Dąbrowski, CASE
Paolo Onofri, PROMETEIA
Witold Orłowski, PWC, WUT Business School
Henri Sterdyniak, OFCE