Crisis2016 - Università Politecnica delle Marche
Transcript
Crisis2016 - Università Politecnica delle Marche
Economics, Economic Policies and Sustainable Growth in the Wake of the Crisis InternationalConference-September8-10,2016, Ancona,Italy PatrociniodellaRegioneMarche MedagliadelPresidentedellaRepubblica ConferenceProgramme PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ OrganizingCommitee HeadOrganizers:EugenioCaverzasi(UniversitàPolitecnicadelleMarche) LisaGianmoena(UniversitàPolitecnicadelleMarche) LocalOrganizers: AlessandroCaiani(UniversitàPolitecnicadelleMarche) ErmannoCatullo(UniversitàPolitecnicadelleMarche) AnnaritaColasante(UniversitàPolitecnicadelleMarche) FedericoGiri(UniversitàPolitecnicadelleMarche) RuggeroGrilli(UniversitàPolitecnicadelleMarche) AlbertoRusso(UniversitàPolitecnicadelleMarche) Contacts PiazzaleMartelli,8-60121Ancona–Italy Email:[email protected] Website:http://crisis2016.univpm.it PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ Thursday,September8 8.30-10.00 10.00-10.30 10.30-13.30 13.30-14.30 14.30-16.30 16.30-17.00 17.00-19.00 Registration OpeningWelcome PlenarySessionI Lunch ParallelSessions(A) CoffeeBreak ParallelSessions(B) Friday,September9 9.00-11.00 11.00-11.30 11.30-13.00 13.00-14.00 14.00-17.00 17.00-17.30 17.30-19.00 20.00 ParallelSessions(C) CoffeeBreak ParallelSessions(D) Lunch PlenarySessionII CoffeeBreak ParallelSessions(E) SocialDinner Saturday,September10 9.00-10.30 11.00-11.30 11.30-13.30 13.30-14.30 ParallelSessions(F) CoffeeBreak PlenarySessionIII Lunch PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ Thursday,September8 8.30–10.00 Registration(RoomT34) 10.00–10.30 OpeningWelcome(RoomC) UniversitàPolitecnicadelleMarche -SauroLonghi(MagnificoRettore) -StefanoMarasca(DirettoreDipartimentoManagement) -MauroGallegati(ProfessorOrdinario) 10.30–13.30 PlenarySessionI(RoomC) Chair:AlbertoRusso(UniversitàPolitecnicadelleMarche) -Crisisandtheoreticalmethods:equilibriumanddisequilibriumonce again DuncanFoley(NewSchoolforSocialResearch,NewYork) -StructuralChangetheGreatDepressionandtheCurrentCrisis BruceGreenwald(ColumbiaUniversity,NewYork) -Civileconomicsandthe«votewiththewallet»solutiontoglobal problems LeonardoBecchetti(UniversitàdiRoma,TorVergata) 13.30–14.30 Lunch PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ 14.30 –16.30 ParallelSessionsA –ParallelSessionA1–“GeneralEquilibriumModeling”(RoomT33) Chair:SimoneLandini(IRESPiemonte) -GovernmentWageBillandPrivateActivity Bermperoglou Dimitris (University of Lausanne), Evi Pappa (European University Institute,Florence)andEugeniaVella(UniversityofSheffield) -CreditNetworksinDSGEmodels CatalanoMicheleandEmiliaPezzolla(Prometeia) -TheEffectsofInflationExpectationUncertaintyonInflationandtheOutputGap Fuest Angela (RWI) and Torsten Schmidt (RWI - Leibniz Institute for Economic Research) -Gödel-incompletenessandlogic-consistencyineconomicmodeling Simone Landini (IRES Piemonte), Mauro Gallegati (Università Politecnica delle Marche)andJ.BarkleyRosser,Jr.(JamesMadisonUniversity) –ParallelSessionA2–“InequalityandGrowthinABM”(RoomT36) Chair:AlessandroCaiani(UniversitàPolitecnicadelleMarche) -DistributiveConflict,Growth,andtheEntrepreneurialState ZamparelliLuca(SapienzaUniversityofRome)andDanieleTavani(Departmentof Economics,ColoradoStateUniversity) -IncomeInequalityandMacroeconomicInstability:astock-flowconsistent approachwithheterogeneousagents DiGuilmiCorrado(UniversityofTechnology,Sydney)andCarvalhoLaura(SaoPaulo SchoolofEconomics(EESP)) -TheEffectsofLabourMarketReformsuponunemploymentandIncome Inequalities:anAgentBasedModel VirgillitoMariaEnrica,DosiGiovanni,RoventiniAndrea(Sant’AnnaSchoolof AdvancedStudies)andPereiraM.C.(UniversityofCampinas) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ -Isinequalityhamperinginnovationandgrowth?AnAB-SFCanalysis CaianiAlessandro,RussoAlbertoandGallegatiMauro(UniversitàPolitecnicadelle Marche) –ParallelSessionA3–“Symphony1”(RoomA1) Chair:BothosEfthimios(UniversityofAthens) -Macroeconomiceffectsofvariedmortgageinstruments BulentOzel(UniversitatJaumeI,Castellón),ÞórirBjarnason,EinarJónErlingsson, HlynurStefánsson,JónÞórSturluson(ReykjavikUniversity)andMarcoRaberto (DIME-CINEF,UniversitàdiGenova) -Securitisationandcreditcycle:anagent-basedperspective MazzocchettiAndrea(UniversitàdiGenova),TeglioAndrea(UniversitatJaumeI, Castellon,Spain),CincottiSilvanoandRabertoMarco(DIME-CINEF,Universitàdi Genova) -Policyoracle:Aninformationmarketfornowcastingpolicyindices BothosEfthimios(UniversityofAthens) 16.30–17.00 CoffeeBreak 17:00–19:00 ParallelSessionsB –ParallelSessionB1–“EuroAreaFinancialCrisis”(RoomT33) Chair:LucarelliStefano(UniversitàdiBergamo) -Interestrates,Eurobondsandintra-Europeanexchangeratemisalignments:The challengeofsustainableadjustmentsintheEurozone SaadaouiJamel(BETA-CNRS) -Theimpactofthefinancialcrisisof2007-2009onfinancialsoundnessindicators incountriesoftheEU TomczakKamila(INEPANWarsaw) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ -EurodepreciationandtradeasymmetriesbetweenGermanyandItalyversusUS: industry-levelestimates. LucarelliStefano(UniversitàdiBergamo),AndriniFilippoandBianchiAnnamaria (UniversitàdiBergamo) –ParallelSessionB2-“EnvironmentalModeling1”(RoomT36) Chair:GodinAntoine(KingstonUniversity) -Faraway,soclose:anagent-basedmodelforclimate,energyandmacroeconomic policy SapioAlessandro(ParthenopeUniversitadiNapoli),LampertiL.,DosiG.,Roventini A.(Sant’AnnaSchoolofAdvancedStudies)andNapoletanoM.(OFCE,SciencesPo, SKEMABusinessSchool) -Systems-dynamicanalysisofemploymentandinequalityimpactsoflow-carbon investments D'AlessandroSimone(UniversitàdiPisa)andBernardoGiovanni(UniversitàdiPisa) -Portugueseagricultureandtheevolutionofgreenhousegasemissions-can vegetablescontrollivestockemissions? ReisMouraoPaulo(UniversityofMinho) -Thefinancialeffectsofunburnablecarbon GodinAntoine(KingstonUniversity) –ParallelSessionB3-“Inequality,EmpiricalAnalyses”(RoomT37) Chair:AnneMusson(Agrocampus-Ouest,Essca) -Collegewagepremiumandwageinequalitybeforeandafterthecrisis MartinoEnricaMaria(UniversityofTurin) -BalancingthedevelopmentofEurope–isitpossible?Theapplicationsofvector calculustothestudyofspatialuniformityofdevelopment.ThecaseofEuropean Union. ChebaKatarzyna(WestPomeranianUniversityofTechnology)andBąkIwona(West PomeranianUniversityofTechnologyinSzczecin) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ -Thedriversofinequalityacrosseuropeanregions ParentiAngela(IMTLucca),FiaschiDavide(UniversitàdiPisa)andGianmoenaLisa (UniversitàPolitecnicadelleMarche) -Wealth,amatteroftrust? MussonAnne(Agrocampus-Ouest,Essca)andRousseiièreDamien(AgrocampusOuest) –ParallelSessionB4-“Symphony2”(RoomA1) Chair:ColasanteAnnarita(UniversitàPolitecnicadelleMarche) -FinancingtheenergysustainabilitytransitionintheEuracemodel PontaLinda(Universita’diGenova),RabertoMarco(DIME-CINEF,Universitàdi Genova),SchutzeFranziska(GlobalClimateForum),TeglioAndrea(Universitat JaumeI,Castellón)andCincottiSilvano(DIME-CINEF,UniversitàdiGenova) -Macroeconomicimplicationsofamonetaryunion:someevidencefromamulticountryagent-basedmodel TeglioAndrea(UniversitatJaumeIofCastellón),OzelBulent(IstanbulBilgi University),PetrovicMarkoandRabertoMarco(DIME-CINEF,UniversitàdiGenova) andCincottiSilvano(DIME-CINEF,UniversitàdiGenova) -Longtermexpectationsinfinancialmarket ColasanteAnnarita(UniversitàPolitecnicadelleMarche) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ Friday,September9 9.00–11:00 ParallelSessionsC –ParallelSessionC1–“FiscalConsolidationandFinancialStability” (RoomT33) Chair:CanofariPaolo(LuissSchoolofEuropeanPoliticalEconomy) -Theshort-runandlong-runtheoreticalinconsistencyoftheexpansionary austeritytheory BottaAlberto(UniversityofGreenwich) -StructuraldifferencesintheEurozone:measuringfinancialstability FogliaMatteo(UniversitàdiChietiePescara),CartoneAlfredo(UniversitàdiChietie Pescara)andFiorelliCristiana(UniversitàdiTeramo) -TheFallacyofFiscalDiscipline PiergalliniAlessandro(UniversitàdiRoma“TorVergata”),PiersantiGiovanni (UniversitàdiTeramoandUniversitàdiRoma“TorVergata”)andCanofariPaolo (LuissSchoolofEuropeanPoliticalEconomy) –ParallelSessionC2–“MacroeconomicsandAgentBasedModeling” (RoomA1) Chair:PalestriniAntonio(UniversitàPolitecnicadelleMarche) -Macroeconomicdynamicsandvulnerabilityinamonetaryunion:Amulti-country agentbasedmodel CatulloErmanno,CaianiAlessandro,CaverzasiEugenioandGallegatiMauro (UniversitàPolitecnicadelleMarche) -Howdoproductionstructuresadapttoregimechanges?The“traverse”inanABSFCmodel SeppecherPascal(CEPN,UniversityParis13)andSalleIsabelle(CeNDEF,University ofAmsterdam) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ -DowehaveaCUE?Collectivelyunbiasedexpectationinagentbasedmodels PalestriniAntonio(UniversitàPolitecnicadelleMarche),AssenzaTiziana,DelliGatti Domenico(UniversitàCattolicadiMilano),GallegatiMauro(UniversitàPolitecnica delleMarche),GreenwaldBruceandJ.E.Stiglitz(ColumbiaUniversity) -Real-financialmarketinteractionswithheterogeneousopiniondynamics VenezianiRoberto(QueenMary,UniversityofLondon),CharpeMatthieu (InternationalLaborOrganization),FlaschelPeter(BielefeldUniversity)andGalanis Giorgos(UniversityofWarwick) –ParallelSessionC3–“EconomicPoliciesintheWakeoftheCrisis” (RoomT36) Chair:ReynardSamuel(SwissNationalBank) -Theoptimalcompositionofpublicspendinginadeeprecession Roulleau-PasdeloupJordan(DEEP,HECLausanne),BouakezHafedh(EPEE,Université d’EvryVald’Essonne)andGuillardMichel(EPEE,Universitéd’EvryVald’Essonne) -Thepoliticaleconomyofthevotewiththewallet SalustriFrancesco(UniversitàdiRoma“TorVergata”)andBecchettiLeonardo (UniversitàdiRoma“TorVergata”) -Searchingforneweconomicpoliciesafterthecrisis:ataleofa(supposedly)noncrisiscountry–Poland PolańskiZbigniew(NationalBankofPoland) -QEequivalencetointerestratepolicy:implicationsforexit ReynardSamuel(SwissNationalBank) –ParallelSessionC4–“LearningandExpectations” (RoomT37) Chair:SteudleGesine(GlobalClimateForum) -Non-equilibriumPriceDynamicsViaExpectationsandLearning SteudleGesine(GlobalClimateForum)andCarloC.Jaeger PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ -LearningunderAmbiguityandOverborrowingCrises YooDonghoon(UniversityofLausanne) -GamesofinstitutionalInvestors–FromRiskDominancetoPayoffDominance MielkeJahel(UniversityofPotsdam,GlobalClimateForum) 11.00–11.30 CoffeeBreak 11.30–13.00 ParallelSessionsD –ParallelSessionD1–“LabourandCrisis”(RoomA1) Chair:PiantaMario(UniversitàdiUrbino) -Hazardfromcommutingspells:theroleofearninganddistance TroshchenkovSergii(UniversitàdeglistudidiMilanoandGRAPE) -Offshoring,employment,andaggregatedemand SchröderEnno(InstituteforNewEconomicThinking) -Technologyandskillsafterthecrisis PiantaMario(UniversitàdiUrbino),CirilloValeria(Sant’AnnaSchoolofAdvanced Studies)andNasciaLeopoldo(UniversitàdiUrbino) –ParallelSessionD2–“InequalityandHeterogeneities”(RoomT33) Chair:SzymborskaHanna(UniversityofLeeds) -Conventionalandunconventionalmonetarypolicyvs.householdsincome distribution:anempiricalanalysisfortheEuroArea GuerelloChiara(UniversitàLuissGuidoCarli) -Re-convergenceofGIIPSinterestratespreads WolfingerJulia(UniversityofFreiburg)andEkkehardA.Köhler(WalterEucken Institut) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ -Inequalityinthetwenty-firstcentury–economictheoryrevisited SzymborskaHanna(UniversityofLeeds) –ParallelSessionD3–“PostKeynesianModeling”(RoomT36) Chair:KristoferDittmer(UniversitatAutònomadeBarcelona) -Adynamicmodeloffinancialbalancesforthe UnitedKingdom GodinAntoine(KingstonUniversity),StephenBurgess,OliverBurrows(Bankof England),StephenKinsella(UniversityofLimerick)andStephenMillard(Bankof EnglandandDurhamUniversity) -An“IntrinsicallyDynamic”SFCNeo-Kaleckianmodel:contrastingmodelling approaches ZezzaFrancesco(UniversitàdiSiena) -Workingtimepolicyforlow-carbontransition:Apost-Keynesianstock-flow consistentmodeloftheSwedisheconomy KristoferDittmer(UniversitatAutònomadeBarcelona)andD’AlessandroSimone (UniversitàdiPisa) –ParallelSessionD4–“GrowthandFirmsintheWakeoftheCrisis” (RoomT37) Chair:GoriLuca(UniversitàdiGenova) -Impactofglobalfinancialcrisisonfirmgrowth:ananalysisoflargeexportersin Indianmanufacturing ChatterjeeMitali(IndiraGandhiInstituteofDevelopmentResearch,Mumbai) -TheimpactofthecrisisonforecastingofJapaneseinvestments’developmentin Europe WitkowskiJarosław(UniversityofEconomicsinWroclaw),ChebaKatarzyna(West PomeranianUniversityofTechnologyinSzczecin)andKiba-JaniakMaja(University ofEconomicsinWroclaw) -Endogenouslaboursupply,endogenouslifetimeandeconomicgrowth GoriLuca(UniversitàdiGenova)andSodiniMauro(UniversitàdiPisa) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ 13.00–14.00 Lunch 14:00–17:00 PlenarySessionII(RoomC) Chair:AntonioPalestrini(UniversitàPolitecnicadelleMarche) -Greetings FrancescoMariaChelli(PresidedellaFacoltàdiEconomiaGiorgioFuà) -Crisis:VictimsofaSystemwhichweneitherunderstandnorcontrol AlanKirman(UniversityofAix-MarseilleIII) -Ecologicalsustainability:towardsglobalindicatorsofenvironmental andhumanwellbeing RobertoDanovaro(UniversitàPolitecnicadelleMarche) -TheFinancialTransmissionofshocksinaHybridMacroeconomicABM DomenicoDelliGatti(UniversitàCattolica,Milano) -OptimalPublicDebtConsolidationwithDistributionalconflicts PatrizioTirelli(UniversitàBicocca,Milano) 17.00–17.30 CoffeeBreak 17.30–19.00 ParallelSessionsE –ParallelSessionE1–“AgentBasedModelsandGrowth”(RoomA1) Chair:MarsiglioSimone(UniversityofWollongon) -Modellinggreenfiscalandmonetarypoliciesriskonmacro-economicand financialstabilityandinequality:theεIRINhybridSystemDynamics–AgentBased Model MonasteroloIrene(BostonUniversity)andRabertoMarco(UniversitàdiGenova) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ -Demandinglong-rungrowth:thelengthyshadow FerraresiTommaso(IRPET),RoventiniAndrea(Sant’AnnaSchoolofAdvanced Studies)andSemmlerWilli(NewSchoolforSocialResearch,NewSchoolUniversity) -Onthe(non-monotonic)relationbetweeneconomicgrowthandfinance MarsiglioSimone(UniversityofWollongon),BucciAlberto(UniversitàdegliStudidi Milano)andPrettnerCatherine(ViennaUniversityofEconomicsandBusiness) –ParallelSessionE2–“InternationalImbalancesandSustainability” (RoomT33) Chair:DobranschiMarian(MendelUniversityinBrno) -TheeuroareatradeimbalancesandgrowthdifferentialsaMinsky-Kaleckian approach CoviGiovanni(UniversitàdiVerona) -ASystemDynamicsmodeltostudyglobalfinancialsystemsrecessionand behavioursunderglobalresourceconstraintsavailability PasqualinoRoberto(GlobalSustainabilityInstitute-AngliaRuskinUniversity),Jones Aled(GlobalSustainabilityInstitute)andMonasteroloIrene(BostonUniversity). -EUtaxesasgenuineownresourcetofinancetheEUbudget–pros,cons andsustainability-orientedcriteriatoevaluatepotentialtaxcandidates DobranschiMarian(MendelUniversityinBrno),MargitSchratzenstaller(Austrian InstituteofEconomicResearch),AlexanderKrenek(AustrianInstituteofEconomic Research)andDanušeNerudová(MendelUniversityBrno) –ParallelSessionE3–“LabourMarketDynamics”(RoomT36) Chair:VishnevskayaNina(StateUniversity–HigherSchoolofEconomics (HSE)) -Jobpolarizationandwagedifferentialswithmachineproduction CieplinskiAndré(UniversitàdiSiena,PisaeFirenze) PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ -Internationaldivisionoflabourandcountries’competitiveness:thecaseofItaly andGermany GarbelliniNadia(UniversitàdiBergamo)andGaddiMatteo(FondazioneSabattini) -Regionalizationofminimumwagesetting:russiancase VishnevskayaNina(StateUniversity–HigherSchoolofEconomics(HSE))andAnna Lykianova(StateUniversity–HigherSchoolofEconomics(HSE)) 20:00 SocialDinner RistoranteStamura ViaBanchinadaChio,29,Ancona HowtoarrivetotheRestaurantStamura TheRestaurantStamuraisViaBanchinadachio,29,Ancona. Forthosewillingtowalk(donottrustGoogleMaps,ittakes15minutes)wewill meetinfrontoftheFacultyat19.30. Theothercaneithergoby: o Taxi:P.zzaMartelli-RistoranteStamura(Mole)12€. o Bus1/4fromPiazzaCavour,getoffinViaXXIXSettembre. PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ Saturday,September10 9:00–10:30 ParallelSessionsF –ParallelSessionF1–“HealthandWellbeing”(RoomA1) Chair:LuzzatiTommaso(UniversitàdiPisa) -Acontributiontothetheoryoffertilityandeconomicdevelopment GoriLuca(UniversitàdiGenova)andSodiniMauro(UniversitàdiPisa) -HowtheNexusofWater/Food/EnergycanbeSeenwiththePerspectiveof PeoplewellbeingandtheItalianBESFramework RiccardiniFabiola(ISTAT) -Investigatingtherelationshipbetweencancerandeconomicdevelopment LuzzatiTommaso(UniversitàdiPisa) –ParallelSessionF2–“MacrodynamicsofDebtandSavings”(Room T33) Chair:GueriniMattia(Sant’AnnaSchoolofAdvancedStudies -EndoftheSovereign-BankDoomLoopintheEuropeanUnion?TheBank RecoveryandResolutionDirective UlrichEydam(KielInstitute)andCoviGiovanni(UniversitàdiVerona) -WhereDoestheHarmStand?TheEconomicEffectsofPublicandPrivateDebt GueriniMattia(Sant’AnnaSchoolofAdvancedStudies),MonetaAlessio(Sant’Anna SchoolofAdvancedStudies),RoventiniAndrea(Sant’AnnaSchoolofAdvanced Studies)andNapoletanoMauro(SKEMABusinessSchool,Sophia-Antipolis) -Buffer-stockconsumptionandsaving:twopuzzlingregularities MancaMaurizio(UniversitàPolitecnicadelleMarche) 10:30–11:00 CoffeeBreak PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ 11:00-13.30 PlenarySessionIII(RoomC) Chair:MarcoGallegati(UniversitàPolitecnicadelleMarche) -Agent-basedMacroeconomics SilvanoCincotti(UniversitàdiGenova) -FramingMacroTheoryasaProblemofMissingMarkets DavidColander(MiddleburyCollege) -TheMinskyMomentastheRevengeofEntropy J.BarkleyRosser,Jr.(JamesMadisonUniversity) 13.30 Lunch PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ WIFI Toconnecttotheconferencewifinetwork: 1. connecttothenetwork(SSID):conference@univpm 2. entertheWPA-key:crisis2016 3. openabrowser 4. entertheuserandpasswordyoureceivedattheregistrationdesk,inthe secureloginpage. 5. Enjoyit! PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/ PiazzaleMartelli,8-60121Ancona–Italy http://crisis2016.univpm.it/