Registration form deadline : March 12th, 2013

SCIENTIFIC PROGRAM

8:30 amWelcome breakfast

SESSION I – SYSTEMIC RISK AND FINANCIAL REGULATION

9:00 am Georgiana-Denisa BANULESCUY and Elena-Ivona DUMITRESCU, LEO-CNRS, University of Orleans
« Which Are the SIFIs? »
Discussant 1Virginie Coudert, Bank of France, CEPII and EconomiX-CNRS, University of Paris Ouest Nanterre La Défense
Discussant 2Dilyara Salakhona, Bank of France, CEPII and EconomiX-CNRS, University of Paris Ouest Nanterre La Défense
9:45 am Sylvain BENOIT, LEO-CNRS University of Orléans
« Where is the System? »
Discussant 1Christophe Boucher, University of Lorraine
Discussant 2Yannick Lucotte, LEO-CNRS, University of Orleans
10:30 am Guillaume VUILLEMEY, Sciences-Po Paris
« The Build-Up and Decomposition of Risks in the European Banking Sectors in the European Banking
Sectors. »
Discussant 1Laurence Scialom, EconomiX-CNRS, University of Paris Ouest Nanterre La Défense
Discussant 2Peixin Zhang, EconomiX-CNRS, University of Paris Ouest Nanterre La Défense

11:15 am 11:30 amCoffee break

SESSION II – FINANCIAL CONTAGION IN THE BANKING SECTOR

11:30 am Cody Yu-Ling HSIAO, Centre for Applied Macroeconomic Analysis, Australian National University
« A New Test of Financial Contagion with Application to the US Banking Sector »
Discussant 1Sessi Tokpavi, University of Paris Ouest Nanterre La Défense
Discussant 2Henri Audigé, Bank of France and EconomiX-CNRS, University of Paris Ouest Nanterre La Défense
12:15 am Alesia KALBASKA, University of Siena
« From Sovereigns to Banks – Evidence on Cross-border Contagion (2006-2011) »
Discussant 1Olena Havrylchyk, CEPII
Discussant 2Jean Yves Gnabo, University of Namur

1:00 pm – 2:00 pmLunch

SESSION III – INFLATION AND EXCHANGE RATES

2:00 pm Benjamin WONG, Centre for Applied Macroeconomic Analysis, Australian National University
« Inflation dynamics, Inflation expectations and the role of oil shocks: What has changed since the
1970s? »
Discussant 1Jean Pierre Allégret, EconomiX-CNRS University of Paris Ouest Nanterre La Défense
Discussant 2Tovonony Razafindrabe, EconomiX-CNRS University of Paris Ouest Nanterre La Défense
2:45 pm Duygu YOLCU KARADAM, Middle East Technical University
« Real exchange rates and economic growth »
Discussant 1Sophie Béreau, University of Louvain
Discussant 2Blaise Gnimassoun, EconomiX-CNRS University of Paris Ouest Nanterre La Défense
3:30 pm Issiaka COULIBALY, Erudite University of Paris Est Créteil
« Euro advent, competitiveness and growth in the CFA zone »
Discussant 1Jacques Mazier, CEPN-CNRS, University of Paris Nord
Discussant 2Jamel Saadaoui, CEPN-CNRS University of Paris Nord

4:15 pm – 4:30 pmCoffee break

SESSION IV – CREDIT DYNAMICS

4:30 pm Mara PIROVANO, University of Antwerp
« International Financial Integration, Credit Frictions and Exchange Rate Regimes »
Discussant 1Dramane Coulibaly, EconomiX-CNRS University of Paris Ouest Nanterre La Défense
Discussant 2Ludovic Gauvin, Bank of France and EconomiX-CNRS University of Paris Ouest Nanterre La Défense
5:15 pm Thibaud DUPREY, Paris School of Economics and Bank of France
« Bank Ownership and Credit Cycle : the lower sensitivity of public bank lending to the business cycle »
Discussant 1Balasz Egert, Oecd and EconomiX-CNRS University of Paris Ouest Nanterre La Défense
Discussant 2Vincent Bouvatier, EconomiX-CNRS University of Paris Ouest Nanterre La Défense

Covered topics:

• Global imbalances and exchange rate adjustments
• Financial markets and exchange rate regimes
• Dynamics of financial and commodities markets
• Modeling of low- and high-frequency financial time series
• Capital flows and asset prices
• Financial instability and crisis
• Forecasting macroeconomic and financial variables
• Monetary and fiscal policy reactions to the cycle
• Economic growth and public debt in a time of crisis

Priority will be given to papers with original theoretical contributions and/or empirical applications, which address a relevant economic question and which have no senior co-authors. Those papers will be considered for publication in a special issue of the journal International Economics.

Organizing Committee:

• Cécile Couharde (University Paris Ouest Nanterre La Défense), cecile.couharde@u-paris10.fr
• Balazs Egert (OECD and University Paris Ouest Nanterre La Défense), balazs.egert@oecd.org