Università degli Studi di Napoli "Federico II" Università degli Studi di Salerno Università Bocconi - Milano

C6 - 1st CSEF-IGIER Symposium on Economics and Institutions
Programme and Papers download

 

 

Download printable version of the program

 

 

 

Monday, 27th June 2005

 

Portfolio Choice

 

 

    9.30-9.45

Welcome address

 

  9.45-11.00

Massimo Guidolin (Federal Reserve Bank of St. Louis) and Giovanna Nicodamo

Small caps in international equity portfolios: the effects of variance risk

 

11.00-11.20

Coffee Break

 

11.20-12.35

DIMITRIS Christelis, Tullio Jappelli and Mario Padula (Università di Salerno and CSEF)

Health risk and portfolio choice

Corporate finance

 

 

    9.30-9.45

Welcome address

 

  9.45-11.00

Daniela Fabbri (Université de Lausanne) and Annamaria Menichini

Asset diversion, input allocation and capital structure

 

11.00-11.20

Coffee Break

 

11.20-12.35

Laura Bottazzi, Marco Da Rin (Università Bocconi and IGIER) and Thomas Hellmann

Human capital in the knowledge-based firm: evidence from venture capital

Lunch

17.30-19.00   Keynote Lecture

Lucrezia Reichlin (European Central Bank)

Large information and shocks identification in macroeconomics

 

 

 

 


 

Tuesday, 28th June 2005

 

 

Monetary Economics

 

  9.00-10.15

Fabio Ghironi (Boston College), Florin Bilbiie and Marc J. Melitz

Business cycles and firm dynamics

 

10.15 -11.30

Tommaso Monacelli (Università Bocconi and IGIER)

Optimal monetary and fiscal policy in a monetary union

 

11.30-11.45

Coffee Break

 

11.45-13.00

Antonio Acconcia (Università di Napoli "Federico II" and CSEF) and Saverio Simonelli

Revisiting the one type permanent shocks hypothesis: Aggregate fluctuations in a multi-sector economy

Industrial Organization and Institutions

 

 

  9.00-10.15

Giovanni Immordino, Marco Pagano and Michele Polo (Università Bocconi and IGIER)

Norms flexibility and private initiative

 

10.15 -11.30

Lucy White (Harvard Business School) and Volker Nocke

Do vertical mergers facilitate upstream collusion?

 

11.30-11.45

Coffee Break

 

11.45-13.00

Alberto Bennardo (Università di Salerno and CSEF) and Salvatore Piccolo

Competition with endogenous health risks

 

Lunch

17.30-19.00   Keynote Lecture

Joe Harrington (Johns Hopkins University)

The collusion chasm: reducing the gap between antitrust practice and industrial organization theory

 

 

 


 

Wednesday, 29th June 2005

 

 

Macroeconomics

 

 

  9.00-10.15

Francesco  Lippi (Banca d'Italia) and  Alessandro Secchi

The demand for currency and the welfare cost of inflation in a 21st century economy

 

10.15 -11.30

Giovanni Pica (Università di Salerno and CSEF) and José V. Rodrìguez Mora

FDI, Allocation of talents and differences in regulation

 

11.30-11.45

Coffee Break

 

11.45-13.00

Timothy Cogley and Argia M. Sbordone (Federal Reserve Bank of New York)

A search for a structural Phillips Curve

 

Industrial Organization

 

 

  9.00-10.15

Helder Vasconcelos (Università Bocconi and IGIER)

Efficiency gains and structural remedies in merger

 

10.15 -11.30

Marcello D’Amato (Università di Salerno and CSEF), Riccardo Martina and Salvatore Piccolo

Competitive pressures and managerial incentives with asymmetric information

 

11.30-11.45

Coffee Break

 

11.45-13.00

Marco Pagnozzi (Università di Salerno and CSEF)

Resale and demand reduction in multi-unit auctions

 

Lunch

17.30-19.00   Keynote Lecture

Michael Woodford (Columbia University)

Inflation targeting  under fiscal stress

 

 

 


 

Thursday, 30th June 2005

 

 

International Economy

 

 

  9.00-10.15

Alessia Campolmi and Ester Faia (Universitat Pompeu Fabra)

Inflation differentials and different labor mrket institutions in the EMU

 

10.15 -10.45

Coffee Break

 

 

Political Economy

 

 

  9.00-10.15

Marco Pagano (Università di Napoli "Federico II" and CSEF) and Paolo Volpin

The political economy of shareholder protection  and stock market development

 

10.15 -10.45

Coffee Break

 

 

 

10.45-12.15   Keynote Lecture

Abhijit Banerjee (MIT)

Credit access and the poor

 

Lunch

 

 


 

Friday, 1st July 2005

 

 

Economics of Pensions

 

 

  9.45-11.00

Paul Sengmueller and Thomas Steinberger (Università di Salerno and CSEF)

Funding defined benefit plans: risk sharing, default and funding regulations

 

11.00-11.30

Coffee Break

 

 

Market microstructure

 

 

  9.00-10.00

Maria Grazia Romano (Università di Salerno and CSEF)

Learning, cascades and transaction costs

 

10.00 -11.00

Giovanni Cespa (Università di Salerno and CSEF)

Information sales and insider trading

 

11.00-11.30

Coffee Break

 

 

11.30-13.00   Keynote Lecture

Gary Biglaiser and Ching-to Albert Ma (Boston University)

Moonlighting: public service and private practice

 

Lunch

 

 

 

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Contacts:

CSEF

Centre for Studies in Economics and Finance
University of Naples Federico II

Department of Economics

Via Cintia, Monte S. Angelo

I-80126 NAPOLI - ITALY

tel. and fax (+39) 081 675372

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