Past Conferences

	Area Conference on Macro, Money & International Finance CESifo Conference Centre, Munich 26 - 27 February 2010 Programme

	Friday, 26 February 2010
	Session 1
09:00 - 09:10	Welcome & Introduction
09:10 - 10:00	Macroeconomic Factors and Systemic Risks in Banking: An FVAR Approach CLAUDIA BUCH, Sandra Eickmeier and Esteban Prieto Discussant: MATHIAS HOFFMANN
10:00 - 10:50	A Micro Data Approach to the Identification of Credit Crunches Horst Rottmann and TIMO WOLLMERSHÄUSER Discussant: CARLO ALTAVILLA
10:50 - 11:10	Coffee Break
	Session 2
11:10 - 11:50	Toxic Assets Benjamin Bental and DOMINIQUE DEMOUGIN Discussant: RUEDIGER BACHMANN
11:50 - 12:40	Risk Premia in General Equilibrium OLAF POSCH Discussant: FRANK HEINEMANN
12:40 - 13:50	Lunch
	Session 3
13:50 - 14:40	On the Conditional Effect of IMF Program Participation on Economic Growth MICHAEL BINDER and Marcel Bluhm Discussant: MICHEL BEINE
14:40 - 15:30	Firm-Specific Productivity Risk over the Business Cycle: Facts and Aggregate Implications RUEDIGER BACHMANN and Christian Bayer Discussant: CHRISTOPHE RAULT
15:30 - 15:50	Coffee Break
	Session 4 Poster Session
15:50 -16:40	CHRISTOPE RAULT and António Afonso: Budgetary and External Imbalances Relationship: a Panel Data Diagnostic BALAZS EGERT: Nonlinear Effects of Investment in Network Infrastructure on Economic Growth KAJAL LAHIRI : Learning and Heterogeneity in GDP and Inflation Forecasts EVZEN KOCENDA: Foreign News and Spillovers in Emerging European Stock Markets
	Session 5
16:40 - 17:30	The Information Content of Capacity Utilisation Rates for Output Gap Estimates Michael Graff and JAN-EGBERT STURM Discussant: OLAF POSCH
	Saturday, 27 February 2010
	Session 6
09:00 - 09:50	Contagion and the Global Equity Market Collapse of the 2007-09 Financial Crisis Geert Bekaert, Michael Ehrmann, MARCEL FRATZSCHER and Arnaud Mehl Discussant: TIMO WOLLMERSHÄUSER
09:50 - 10:40	Composition of International Capital Flows: A Survey Itay Goldstein, ASSAF RAZIN and Hui Tong Discussant: DOMINIQUE DEMOUGIN
10:40 - 11:00	Coffee Break
	Session 7
11:00 - 11:50	Exchange Rate Dynamics Under Alternative Optimal Interest Rate Rules Mahir Binici and YIN-WONG CHEUNG Discussant: JAN-EGBERT STURM
11:50 - 12:40	Remittances and Financial Openness MICHEL BEINE, Elisabetta Lodigiani and Robert Vermeulen Discussant: DANIEL GROS
12:40 - 14:00	Lunch
	Session 8
14:50 - 15:40	Information Combination and Forecast (st)ability. Evidence from Vintages of Time-series data CARLO ALTAVILLA and Matteo Ciccarelli Discussant: KAJAL LAHIRI
15:40 - 16:00	Emerging from the War: Current Accounts, Interest Rates and the International Business Cycle 1885-1939 MATHIAS HOFFMANN and Ulrich Woitek Discussant: EVZEN KOCENDA
16:00 - 17:30	Panel Discussion The Crisis of the Euro zone and How to Deal with it Paul de Grauwe, Hans-Werner Sinne, TBA
19:30	Conference Dinner

Area Conference on Macro, Money & International Finance

CESifo Conference Centre, Munich 26 - 27 February 2010

Programme

Friday, 26 February 2010

Session 1

Session 2

Session 3

Session 4 Poster Session

Session 5

Saturday, 27 February 2010

Session 6

Session 7

Session 8

Area Conference
on Macro, Money & International Finance

CESifo Conference Centre, Munich
26 - 27 February 2010