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