CONFERENCE PROGRAMME

15th International Conference Developments in Economic Theory and Policy

Bilbao, June 28-29, 2018

PRESENTATION

The Department of Applied Economics V of the University of the Basque Country UPV/EHU (Spain) and the Cambridge Centre for Economic and Public Policy, Department of Land Economy of the University of Cambridge (United Kingdom), are organizing the 15th International Conference Developments in Economic Theory and Policy. The Conference is held in Bilbao (Spain), from the 28th to the 29th June 2018, at the Faculty of Economics and Business of the University of the Basque Country UPV/EHU (Address: Avenida Lehendakari Agirre 83, 48015 Bilbao).

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CONFERENCE COMMITTEES

Scientific CommitteeOscar Afonso (University of Porto)Philip Arestis (University of Cambridge and University of the Basque Country UPV/EHU)Eugenia Correa (Universidad Nacional Autónoma de México)Jerome Creel (OFCE - Sciences Po and ECSP EUROPE)Jesús Ferreiro (University of the Basque Country UPV/EHU)Giuseppe Fontana (University of Leeds)Eckhard Hein (Berlin School of Economics)Kosta Josifidis (University of Novi Sad)John McCombie (University of Cambridge)Malcolm Sawyer (University of Leeds)Felipe Serrano (University of the Basque Country UPV/EHU)

Organizing CommitteeMarisol Esteban (University of the Basque Country UPV/EHU)Jesús Ferreiro (University of the Basque Country UPV/EHU)Catalina Gálvez (University of the Basque Country UPV/EHU)Carmen Gómez (University of the Basque Country UPV/EHU)Patricia Peinado (University of the Basque Country UPV/EHU)Carlos Rodríguez (University of the Basque Country UPV/EHU)Felipe Serrano (University of the Basque Country UPV/EHU)Ikerne del Valle (University of the Basque Country UPV/EHU)

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CONFERENCE PROGRAMME

THURSDAY 28

8.30 - Registration

9.00 – 10.30 Parallel Sessions

Labour market I. Chair: Paulo E.A. Baltar (University of Campinas – Unicamp, and Centre for Labour Economics and Trade Unionism - Cesit) (Room Salón de Grados)

Touitou Mohammed (University of Algiers 3) Developing skills via practical training: Case for the Algerian business students’ experience

Eugenia Troncoso Leone and Paulo E.A. Baltar (University of Campinas – Unicamp, and Centre for Labour Economics and Trade Unionism - Cesit) Households’ socioeconomic level and Women’s labour force participation

Atif Awad (University of Sharjah) and Ishak Yussof (The National University of Malaysia) The impact of foreign labour on average real wages of residents: Evidence from Malaysia’s construction sector

Inequality and income distribution I. Chair:Anna Soci (University of Bologna) (Room B.07)

Hatice Küçükkaya (Adnan Menderes University Aydin), Yasemin Bozdağlıoğlu (Adnan Menderes University Aydin), Mustafa Özer (Anadolu University) and Hikmet Mengüaslan (Adnan Menderes University Nazilli) Income inequality convergence: Is it a debate or truth?

Guido Zack (University of Buenos Aires and University of San Martín) and Daniel Sotelsek (University of Alcalá) The asymmetric effect of the business cycle on poverty in Argentina

Thomas Baumert, María Mercedes de Obesso and Esther Valbuena (ESIC Business & Marketing School Madrid) Equal merits, unequal rewards: Gender discrimination in the awarding of civil orders in Spain

Monetary theory and policy I. Chair: Paulo R. Mota (University of Porto – School of Economics and Business and CEF.UP) (Room B.08)

Eladio Febrero (University of Castilla-La Mancha), Jorge Uxó (University of Castilla-La Mancha) and Nacho Álvarez (ICEI and Autonomous University of Madrid) Target2 imbalances and the ECB’s Asset Purchase Programme. An alternative account

Cristiano Boaventura Duarte (Federal University of Rio de Janeiro/ Université Paris 13, and Central Bank of Brazil) and Emmanuel Carré (Université de Bretagne) Alternatives to change “the only game in town” of Negative Interest Rates

Graduate Students Session I. Chair: Patricia Abelairas-Etxebarria (University of the Basque Country UPV/EHU) (Room B.09)

Sayli Javadekar and Jaya Krishnakumar (University of Geneva) Measurement and decomposition of multidimensional work well being inequality in India

Francis Magloire Peujio Fozap and Christian Said Domínguez Blancas (Instituto Politécnico Nacional) The financial structure of large Mexican manufacturing enterprises since the subprime crisis, 2000-2015

Mariana Recalde Ferreira (Universidad Complutense de Madrid) Las tierras indígenas en Brasil, las relaciones económicas y el conflicto en lo campo

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Heterodox approaches I. Chair: Juan Barredo (University of the Basque Country UPV/EHU) (Room B.12)

John Hall (Portland State University) and Jonas Rama (Centre d’Économie de la Sorbonne, Université Paris 1 Panthéon-Sorbonne) Brazil’s Sertão, Celso Furtado and Development Economics

Hasse Ekstedt (University of Gothenburg) Why is the Queen of social sciences lacking a fruitful relation to ethics?

Juan Agustín Franco (Universidad de Extremadura) Anti-Marxism in the neoliberal education age

10.30 – 10.50 Coffee Break

10.50 – 12.50 Parallel Sessions

Special Session Inequality: Trends, Causes, Consequences, Relevant Policies I. Chair: Eckhard Hein (Berlin School of Economics) (Room Salón de Grados)

Philip Arestis (University of Cambridge) Importance of tackling income inequality and relevant economic policies

Malcolm Sawyer (University of Leeds) Financialisation, financial crisis and inequality Ahmed Seyf Can tax reforms reduce inequality?

International economics I. Chair: María Cristina Vallejo (FLACSO, Ecuador) (Room B.07)

Muhammad Zakaria and Arooj Khan (COMSATS Institute of Information Technology) Effects of capital inflows on fiscal balance in an emerging economy: Evidence from Pakistan

Andre Moreira Cunha (Federal University of Rio Grande do Sul), Pedro Perfeito da Silva and Andrés Ferrari Haines (Central European University) Federal University of Rio Grande do Sul) Global financial cycle and the financial integration in Brazil: an evaluation for the period between 1996 and 2016

José Manuel Muñoz Puigcerver (CEU-San Pablo University) Algeria: determining vectors of its relationship with the European Union. Updating the center-periphery relationship

Organized Session “Pension inequality I”. Organizer and Chair: Patricia Peinado (University of the Basque Country UPV/EHU) (Room B.08)

Joseba Iñaki de la Peña and Noemi Peña (University of the Basque Country UPV/EHU) Inequality on Long term care: Adjustment of pensions via mortality ratio

Noemi Peña (University of the Basque Country UPV/EHU) Inequality on elderly: Basic benefit for pensioners

Cristina Fernández (Departamento Educación. Junta de Castilla-León) Inequality on pensions: Mixed funded model for zero pillar in Spain

Graduate Students Session II. Chair:Catalina Galvez (University of the Basque Country UPV/EHU) (Room B.09)

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José de Jesús Rocha Salazar and Carmen Boado Penas (University of Liverpool) How macroeconomic and financial fluctuations affect the retirement: The case of an oil producing country

Ramón Bernal Uribarrena (ECRI, University of the Basque Country UPV/EHU) Benchmarking model for social efficiency: Analysing the background of experts

Tibor Pal (AGH University of Science and Technology) The credit view on the output gap and the concept of non-accelerating inflation rate of credit expansion (NAIRCE)

Ibon Aranburu , Beatriz Plaza and Marisol Esteban (University of the Basque Country UPV/EHU) Identification of Central Urban Attractions: Unexpected Results in Bilbao from mixing GPS data and Network Analysis

Microeconomic analyses I. Chair: Ikerne del Valle (University of the Basque Country UPV/EHU) (Room B.12)

Amaia de Ayala (Basque Centre for Climate Change and University of the Basque Country UPV/EHU), Sébastien Foudi (Basque Centre for Climate Change), María del Mar Solá (Basque Centre for Climate Change), Elena López (Basque Centre for Climate Change)and Ibon Galarraga (Basque Centre for Climate Change and Economics for Energy) A cross-sectoral analysis of the role of label information in consumer preferences for energy efficiency

Olfa Cherif and Mohamed Ayadi (University of Tunis) Price variation in the estimation of demand system

Julia M. Puaschunder (The New School and Columbia University) Towards a utility theory of privacy and information sharing and the introduction of hyper-hyperbolic discounting in the digital big data age

Itsaso Lopetegui and Ikerne del Valle (University of the Basque Country UPV/EHU) Estimating VaR for European commercial fish species

12.50 - 14.20 Parallel Sessions

Special Session Inequality: Trends, Causes, Consequences, Relevant Policies II. Chair: Philip Arestis (University of Cambridge and University of the Basque Country UPV/EHU) (Room Salón de Grados)

Eckhard Hein (Berlin School of Economics and Law) Inequality and economic growth: Marxian and Post-Keynesian/Kaleckian perspectives on distribution and growth regimes before and after the Great Recession

Dimitra Kavarnou (University of Cambridge) and Niko Szumilo (London School of Economics, University of London) The Rich become Richer and the Poor become Poorer: A wealth inequality approach from Great Britain

Organized Session “Pension inequality II”. Organizer and Chair: Patricia Peinado (University of the Basque Country UPV/EHU) (Room B.07)

Carmen Boado (University of Liverpool) Linking pensions to demographic factors: A real revolution in pension policy?

Patricia Peinado (University of the Basque Country UPV/EHU) Inequality and Pensions: The Shadow Price of Being Disable

International economics II. Chair • José Francisco Reyes–Durán (UNAM, León) (Room B.08)

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María Cristina Vallejo and Francisco dos Santos Venes (FLACSO, Ecuador) La relación entre China y los Andes en el siglo XXI: ¿una relación de intercambio ecológicamente desigual?

Juan Barredo (University of the Basque Country UPV/EHU) and Ricardo Molero-Simarro (Universidad Complutense de Madrid) The Renminbi internationalization: will China face its own Triffin Dilemma?

Teaching innovations in economics and business II. Organizer: Patricia Peinado (University of the Basque Country UPV/EHU). Chair: Kepa Astorkiza (University of the Basque Country UPV/EHU) (Room B.09)

Kepa Astorkiza, Ikerne del Valle, Aitor Ciarreta, Begoña Eguía, Javier García, Amagoia Sagasta and Marta San Martin (University of the Basque Country UPV/EHU) The Accelerator Principle for the classroom

Sara Urionabarrenetxea, J. Domingo García-Merino and Ana Fernández-Saiz (University of the Basque Country UPV/EHU) Team diversity and performance in university students: A contingency model

Ana Ferrero, María Álvarez and Arantza Ugidos (University of the Basque Country UPV/EHU) Study time: proposals of the EHEA vs. real dedication

Microeconomic analyses II. Chair: Julia M. Puaschunder (The New School and Columbia University) (Room B.12)

Thomas Laudal (University of Stavanger) A multi-layered approach to public goods: Modelling the exchange and distribution of public goods by distinguishing between utility, supply, and conversion

Nasreen Nawaz (Michigan State University) An optimal quantity tax path in a dynamic setting

14.20 - 15.25 Lunch

15.25 – 16.55 Parallel Sessions

Labour market II. Chair: Jesus Ferreiro (University of the Basque Country UPV/EHU) (Room Salon de Grados)

Giorgio Liotti, Marco Musella and Federica D’Isanto (University of Naples Federico II) The economic crisis, and youth and adult unemployment in Italy: An empirical assessment

Carolina Troncoso Baltar, Lilian Nogueira Rolim and Eugenia Troncoso Leone (University of Campinas) The effects of the Brazilian recession on wage inequality between men and women

Jesús Ferreiro and Carmen Gómez (University of the Basque Country UPV/EHU) Employment protection and labour market performance in European Union countries during the Great Recession

Presentation of Books. Chair: John Hall (Portland State University) (Room B.02)

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Hasse Ekstedt Economics, Ethics and Power: From behavioural rules to global structures

Michele Alacevicv and Anna Soci Inequality: a short history, The Brookings Institution Press

Juan Agustín Franco Análisis económico del comportamiento Giffen en mercados agroalimentario (Economic analysis of Giffen behavior in Agrifood markets), Universidad de Extremadura

Teaching innovations in economics and business I. Organizer and Chair: Patricia Peinado (University of the Basque Country UPV/EHU) (Room B.07)

Marta Regúlez, María Victoria Esteban, Pilar González and Susan Orbe (University of the Basque Country UPV/EHU) E-learning in Econometrics

Noemi Peña,Miguel, Javier Corral-Lage, Ana Mata Galíndez and J. Iñaki De La Peña (University of the Basque Country UPV/EHU) Learning by playing sustainable development

Ricardo Bustillo, Catalina Gálvez and Patricia Peinado (University of the Basque Country UPV/EHU) Webinar: An experience with students of Macroeconomics

Inequality and income distribution II. Chair:Claudio Roberto Amitrano (Instituto de Pesquisa Econômica Aplicada IPEA) (Room B.08)

Stefania Cardinaleschi (Italian National Institute of Statistics), Stefano De Santis (Italian National Institute of Statistics) and Marina Schenkel (Università di Udine) Effects of wage bargaining on inequality: evidences from Italy

Pirmin Fessler and Martin Schürz (Oesterreichische Nationalbank) The functions of wealth: renters, owners and capitalists across Europe

Heterodox approaches II. Chair: Marco Passarella (University of Leeds) (Room B.09) Wiktor Szydło (Wrocław University of Economics) The heterodox perspective on the

transformation of Poland (1989-2018) Silvia Cristina Marginean, Ramona Orastean and Raluca Sava (University of Sibiu)

Two years after: the Brexit, economists and new challenges for economic research Marco Passarella (University of Leeds) From abstract to concrete: Some tips to

develop an empirical SFC model

Monetary theory and policy II. Chair: Cristiano Boaventura Duarte (Federal University of Rio de Janeiro/ Université Paris 13, and Central Bank of Brazil) (Room B.12)

Onur Akkaya, Mustafa Ozer and Ozcan Ozkan (Kilis 7 Aralik University) How weak central banks reacts to strong central banks monetary policy?

Gabriele Fiorentini (Università di Firenze), Alessandro Galesi (Banco de España), Gabriel Pérez-Quirós (Banco de España) and Enrique Sentana (CEMFI) The rise and fall of the natural interest rate

Paulo R. Mota (University of Porto – School of Economics and Business and CEF.UP) and Abel L. C. Fernandes (University of Porto – School of Economics and Business and NIFIP) The dynamic adjustment of Central Bank’s target interest rate: The case of the ECB

16.55 – 17.20 Coffee-Break

17.20 – 19.20 Parallel Sessions

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Organized Session “Monetary policy and inequality”. Organizer and Chair: Salvador Pérez Moreno (University of Málaga) (Room Salón de Grados)

Elena Bárcena Martín, Natalia Martín Fuentes and Salvador Pérez Moreno (University of Málaga) Monetary policy and the middle class

Juan-Francisco Albert (University of Valencia) and Alberto Pérez-Bernabeu (University of Alicante) Is monetary policy hurting inequality in US?: Exploring different channels

Organized Session “Humanism in Management and Economics: a humanistic approach to social and economic challenges in post-industrial economies”. Organizer and Chair: Ricardo Aguado (University of Deusto, Deusto Business School) (Room B.02)

Iñigo Calvo-Sotomayor, Ricardo Aguado Muñoz and Almudena Eizaguirre (University of Deusto, Deusto Business School) Main socio-economic consequences of ageing process in EU28

Iñigo Calvo-Sotomayor, Massimo Cermelli and María García (University of Deusto, Deusto Business School) Civil economy and ageing process: A humanist perspective

Leire Gartzia, Josune Baniandrés and José Luis Retolaza (University of Deusto, Deusto Business School) Inequality from a gender lens: Trends, policies, and successful examples of collaborative practices

Ricardo Aguado, José Luis Retolaza and Leire Alcañiz (University of Deusto, Deusto Business School) Beyond profit maximization: a humanistic approach to social accounting

Microeconomic analyses III. Chair: Ikerne del Valle (University of the Basque Country UPV/EHU) (Room B.07)

Aitor Ciarreta (University of the Basque Country UPV/EHU), Maria Paz Espinosa (University of the Basque Country UPV/EHU), and Cristina Pizarro-Irizar (University of the Basque Country UPV/EHU and Basque Centre for Climate Change BC3) Pricing policies for efficient demand side management in Spain

Julia M. Puaschunder (The New School and Columbia University) The nudging divide in the digital big data era

Ikerne del Valle and Kepa Astorkiza (University of the Basque Country UPV/EHU) Analysing the dynamics of a fisheries ecosystem

International economics III. Chair: José Manuel Muñoz Puigcerver (CEU-San Pablo University) (Room B.08)

Sanja Grubacic (Southern Connecticut State University) and Julian Schuster (Webster University) Exchange Rate Adjustment in CEECs

Ben Naceur Hassen (Faculty of Economic Sciences and Management of Tunis) Inflation and exchange rate: ARDL modeling

Hoda Abougamos (Curtin University Sustainability Policy Institute) and Atif Awad (University of Sharjah) Foreign direct investment inflows to Malaysia: Does macroeconomic policies matter?

José Francisco Reyes–Durán (UNAM, León) Reflections on the role of Foreign Direct Investment (FDI): Financialization as form of expression and policies for its promotion

Economic growth I. Chair: Angel Asensio (Université Paris 13 - Sorbonne Paris Cité) (Room B.09)

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Adrián De León Arias (Universidad de Guadalajara) A contribution on the determinants of secular stagnation: Learning from the interactions between Hansen, Higgins, Harrod, and Hamberg (the 4Hs), 1938–1953

Anna Wziątek-Kubiak (Institute of Economics, Polish Academy of Science) and Marek Pęczkowski (Warsaw University ) Innovation resilience against external shock. A case of Poland firms

Carolina Troncoso Baltar (Institute of Economics, University of Campinas) Income distribution, productive structure and economic growth: Empirical evidence in the case of Brazil

Financial markets and financialisation I. Chair: Patrycja Chodnicka –Jaworska (University of Warsaw) (Room B.12)

John McCombie (University of Cambridge)and Marta Spreafico (CCEPP University of Cambridge) Do CEOs get their "just deserts”?

Michał Brzozowski (University of Warsaw) Private and public investment in emerging and developing countries: the role of financial depth

Cristiano Boaventura Duarte (Federal University of Rio de Janeiro/ Université Paris 13, and Central Bank of Brazil) Corporate debt expansion in emerging countries after 2008: Profile, determinants and policy implications

Patrycja Chodnicka –Jaworska (University of Warsaw) Banks’ credit ratings – is the government support important?

21.00 Conference Dinner (Silken Indautxu Hotel)

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FRIDAY 29

8.45 - Registration

9.00 – 10.30 Parallel Sessions

Organized Session “Intelectual Capital: Persons, knowledge and innovation. Conceptual framework”. Organizer: Foro de Gestión y Finanzas, Zabala Innovation, and Inno-Intellectual & Finance, SL. Chair: Belén Vicario (Colegio Vasco de Economistas) (Room Salón de Grados)

UPV(Facultad de Económicas): TBA Javier Martínez Aldanondo (Catenaria- Innic): Organizational knowledge Orkestra :TBA

Politics, institutions and economics. Chair:Kepa Astorkiza (University of the Basque Country UPV/EHU) (Room B.02)

Jose M. Pavía and Fernando Toboso (Universitat de Valencia) Key electoral institutions and rules influencing representation proportionality and partisan bias in Spanish politics

Marzia Ippolito (University of Naples “l’Orientale”) Italy, an unequal country between income distribution and social conflict

Kepa Astorkiza and Ikerne del Valle (University of the Basque Country UPV/EHU) The private side of fishermen's cofradías' activity: An economic analysis

Housing. Chair: Inmaculada Astorkiza (University of the Basque Country UPV/EHU) (Room B.07)

Elisabeth Springler (University of Applied Sciences, BFI Vienna) Easy money, ordoliberal structural changes and house price developments in Austria

Patricia Abelairas-Etxebarria and Inmaculada Astorkiza (University of the Basque Country UPV/EHU) An ESDA approach to analyze the interactions among net migration, employment and housing in Basque municipalities

Economic growth II. Chair: Adrián De León Arias (Universidad de Guadalajara) (Room B.08)

Esra Kabaklarli (Selçuk University) and Burak Sencer Atasoy (Undersecretariat of Treasury) Telecommunications infrastructure and economic growth: A panel data approach for G7 countries

Sevilay Konya and Zeynep Karaçor (Selçuk University) Electricity consumption, renewable energy, urbanization, trade openness and economic growth in Turkey

Vicente Sánchez Jiménez and Eduardo Sánchez Iglesias (Complutense University of Madrid) Scientific research and technological development in Spain: A comparative view, 2002-2013

Graduate Students Session III. Chair: Carlos A. Carrasco (Universidad de Monterrey) (Room B.09)

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Tom Bauermann (Ruhr-University Bochum) Labour market policies during recessions. An ABM-approach

Christoph Paetz (University of Duisburg-Essen, and Macroeconomic Policy Institute IMK) Have fiscal rules made discretionary policy more countercyclical? Evidence from fiscal reaction functions for the Euro area

Alfredo del Río Casasola (Universidad Complutense de Madrid) Centre-periphery in EU-20: A classification based on factor analysis and cluster analysis

Heterodox approaches III. Chair: Hasse Ekstedt (University of Gothenburg) (Room B.12)

Pedro Leão (Universidade de Lisboa) An architecture for a full-employment macroeconomic policy

Angel Asensio (Université Paris 13 - Sorbonne Paris Cité) Keynes’s genuine ‘animal spirits’ and their macroeconomic implications

J. Agustín Franco Martínez (University of Extremadura) Sustainability and new advances from a post-marxist approach: The Mexican case

10.30 – 11.30 Plenary Session: Facundo Alvaredo (Paris School of Economics) The distribution of wealth: evidence from five data sources. Chair: Felipe Serrano

(University of the Basque Country UPV/EHU). Room: Aula Magna

11.30 – 11.50 Coffee-Breal

11.50 – 13.50 Parallel Sessions

Organized Session “Intelectual Capital: Persons, knowledge and innovation. Practical cases”. Organizer: Foro de Gestión y Finanzas, Zabala Innovation, and Inno-Intellectual & Finance, SL. Chair: Belén Vicario (Colegio Vasco de Economistas) (Room Salón de Grados)

David Sánchez (Mondragón): Implementation in the Corporation Ramón Bernal (Lantegi Batuak): Social value of an Organization Aitor Garro (Zabala Innovation) Corporación tax and innovation

Public sector. Chair:Pedro Leão (Universidade de Lisboa) (Room B.02) Sami Ullah (University of Gujrat) Does state capability lead toward provision of

public services? A regional and global analysis David Cantarero-Prieto, Marta Pascual-Sáez and Javier Lera Torres (University of

Cantabria) Socioeconomic determinants and health care utilization among elderly people living in Europe: Evidence from the Survey of Health, Ageing and Retirement

Vladimer Glonti (Batumi Shota Rustaveli State University) Method of an estimation of financial and economic stability of the regional budget

Marta Pascual Sáez, David Cantarero Prieto and Paloma Lanza León (University of Cantabria) Does convergence really exists for expenditure on disability? An empirical analysis across Europe

Inequality and income distribution III. Chair: Daniel Sotelsek (University of Alcalá) (Room B.07)

Geoff Willis A virtual forty acres and a mule. Solving inequality with a citizen’s capital

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Claudio Roberto Amitrano and Lucas Ferraz Vasconcelos (Instituto de Pesquisa Econômica Aplicada IPEA) Income distribution, inflation and economic growth. A post-Keynesian approach

Jorge Enrique Martínez Carvajal, Alexander Cotte Poveda and Nicolas Ronderos Pulido (Universidad Santo Tomás) Relations between economic development, violence and corruption: a nonparametric approach with DEA and data panel

Financial markets and financialisation II. Chair: Cristiano Boaventura Duarte (Federal University of Rio de Janeiro/ Université Paris 13, and Central Bank of Brazil) (Room B.08)

Juan Ignacio Martín-Legendre, Pablo Castellanos-García and José Manuel Sánchez-Santos (University of A Coruna) Consumption and wealth: Evidence from the Spanish Survey of Household Finances, 2002-2014

Mutee ur Rahman (University of Sargodha), Muhammad Mansoor (University of Sargodha), Nazima Ellahi (Foundation University Rawalpindi) and Haroon Hussain(University of Sargodha) Sensitivity of investors on the volatility of Islamic countries stock markets and developed stock markets of G6 countries

Amaya Altuzarra, Ricardo Bustillo and Carlos Rodríguez (University of the Basque Country UPV/EHU) Revisiting again the effect of finance on growth: an elusive quest a statistical illusion and a mystery

Organized Session “Germany as a role model for economic policy? Some critical perspectives”. Organizer and Chair: Achim Truger (Berlin School of Economics and Law and Macroeconomic Policy Institute of Hans-Boeckler-Foundation) (Room B.09)

Katja Rietzler (Macroeconomic Policy Institute of Hans-Boeckler-Foundation) and Achim Truger (Berlin School of Economics and Law and Macroeconomic Policy Institute of Hans-Boeckler-Foundation) German fiscal policy: Finally sustainable and counter-cyclical – thanks to the debt brake?

Rudolf Zwiener (Macroeconomic Policy Institute of Hans-Boeckler-Foundation) Who benefited most from low German wage increases?”

Heike Joebges and Camille Logeay (HTW Berlin, University of Applied Sciences) Distributional effects of the wage developments in Germany

Jan Priewe (HTW Berlin, University of Applied Sciences and Macroeconomic Policy Institute of Hans-Boeckler-Foundation) Can Germany reduce its current account surplus? Options and limitations

Foreign trade II. Chair: Ricardo Bustillo (University of the Basque Country UPV/EHU) (Room B.12)

Fumitaka Furuoka (University of Malaya), Aida Idris (University of Malaya), Beatrice Lim (University Malaysia Sabah) and Rostika Petrus Boroh (Universit Malaysia Sabah) Economic relationship between Asia and Europe: Case studies of Singapore’s exports to China and the EU

Carlos A. Carrasco (Universidad de Monterrey) and Edgar Demetrio Tovar-García (Universidad Panamericana) Export composition and Eurozone trade balance in manufacturing goods

Andoni Maiza and Ricardo Bustillo (University of the Basque Country UPV/EHU) Factors explaining the trade pattern existing between China and Latin America

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Rakesh Kumar (University of Delhi) India and China: Bilateral trade openness and its effects on economic growth

13.50 – 15.10 Lunch

15.10 – 17.10 Parallel Sessions

Special Session Inequality: Trends, Causes, Consequences, Relevant Policies III. Chair: Felipe Serrano (University of the Basque Country UPV/EHU) (Room Salón de Grados)

Felipe Serrano and Patricia Peinado (University of the Basque Country UPV/EHU) Gender inequality in the labour market and the Great Recession

Pasquale Tridico and Riccardo Pariboni (University Roma Tre) Theoretical and empirical analyses of the rise of income inequality in rich countries

Robert Wade (London School of Economics, University of London) and Michele Alacevich (University of Bologna) Why has income inequality been neglected in economics and public policy?

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GENERAL INFORMATION

Each participant will have 20 minutes to present her paper. In the sessions there will be 30 minutes for debate and discussion among speakers and participants in the session.

In each session there is a Chair, who ensures that the session runs smoothly, serving as a timekeeper and moderator during the debate.

All rooms have a laptop and an overhead projector.

In the “Sala de Profesores”, close to the Registration Desk, participants at the conference will be able to use laptops with internet connection and a printer.

Thursday and Friday lunches will be at the Canteen of the Faculty of Economics and Business. Thursday Conference Room will be at the Silken Indautxu Hotel. Thursday and Friday lunches and the Thursday Conference Dinner are included in the conference registration fee.

Besides these meals, there are two additional paid dinners on Wednesday 27 and Friday 30 June. Wednesday dinner will take place at the Silken Indautxu Hotel. Friday dinner will take place at the Restaurant “Gurekabi”. The price for each of these dinners is 40 euros. People interested in joining these dinners can register using the registration form provided at the conference website.

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