Eighth CONFERENCE ON RESEARCH ON ECONOMIC THEORY AND ECONOMETRICS. PROGRAM Updated July 2, 2009

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1 Eighth CONFERENCE ON RESEARCH ON ECONOMIC THEORY AND ECONOMETRICS Cultural Foundation of Tinos, Tinos Co-organized with the Prefecture of Kyclades-Subprefecture of Tinos July 8-12, 2009 The organizers wish to express their gratitude to the Hellenic Ministry of Economy and Finance, the National Bank of Greece and the Hellenic Bank Association for their financial support to this conference, as well as to the Prefecture of Kyclades- Subprefecture of Tinos, the Municipality of Tinos, the Municipality of Exomvourgo and the Cultural Foundation of Tinos, for their support and hospitality and to the Economics Department of the Athens University of Economics and Business for financial and administrative support. Costas Azariadis, Harris Dellas, Yannis Ioannides, Emmanuel Petrakis, Apostolis Philippopoulos and Nikos Vettas PROGRAM Updated July 2, 2009 WEDNESDAY, July 8 1:00 Welcome 1:05-2:15 Finance Keynote Lecture Chair: Yannis Ioannides (Tufts Univ.) George Constantinides (Univ. of Chicago) Asset Pricing Tests with Long Run Risks in Consumption Growth 2:15-2:40 Coffee Break 2:40-3:50 Monetary Policy Lecture Chair: Harris Dellas (Univ. of Bern). Athanasios Orphanides (Central Bank of Cyprus) Monetary Policy Mistakes and the Evolution of Inflation Expectations [with John C Williams (FRB San Francisco)] 3:50-4:10 Coffee Break 4:10 6:10 Parallel Session A: Macroeconomics Chair: Theodore Palivos (U. of Macedonia) Maria Eleni Athanasopoulou (IMF) Periodic New Keynesian Models and the Term Structure of Interest Rates

2 Elias Papaioannou (Dartmouth College) Financial Integration and Business Cycle Synchronization [with Sebnem Kalemli-Ozcan (Univ. of Houston) and José Luis Peydró (European Central Bank)] Evangelia Vourvachaki (CERGE_EI) "Information and Communication Technologies in a Multi-Sector endogenous Growth Model". Anastasia Zervou (Washington Univ., St. Louis and Texas A&M) Monetary Policy and the Great Ination: A Multi-Country Time-Varying Analysis Using the Taylor Rule [with Jacek Suda (Washington Univ., St. Louis)] Spyros Skouras (AUEB) Electoral Misgovernance Cycles: Wildfires and Tax Evasion in Greece [with Nicos Christodoulakis (AUEB)] Parallel Session B: Applied Micro Chair: Konstantine Gatsios (AUEB). Kostas Arkolakis (Yale) The Extensive Margin of Exporting Goods: A Firm-level Analysis [with Marc-Andreas Muendler (UC San Diego and Princeton)] Manolis Galenianos (Penn State) Hiring Through Referrals Chrysanthos Dellarokas (Boston Univ.) Simultaneous Online Auctions by Sellers of Different Reputations: Theory and Experimental Evidence [with Ravi Bapna (Minnesota) and Sarah Rice (Connecticut)] Theodore Papageorgiou (Penn State) "Learning and Selection into Exporting" [with Kostas Arkolakis (Yale)] Theodoros Diasakos (College Carlo Alberta) Complexity and Bounded rationality in Individual Decision-making; an Axiomatic Approach THURSDAY, July 9 9:15-10:30 Michael Magdalinos Lecture Chair: Costas Azariadis (Washington Univ., St. Louis.) Steven Durlauf (Wisconsin) Design Limits and Dynamic Policy Analysis [with William Brock (Wisconsin) and Giacomo Rondina (Univ. of California)] 10:30-10:50 Coffee Break 10:50-11:55 Economic Theory Lecture Chair: Tasos Xepapadeas (AUEB) Herakles Polemarchakis (Univ. of Warwick) The Regulation of Competitive Financial Markets 11:55 1:00 Lunch p. 2

3 1:00 3:40 Parallel Session A: Microeconomics Chair: Christos Cabolis (ALBA) Dimitrios Xefteris (Universitat Autònoma de Barcelona) Endogenous Choice of Electoral Rules in a Multiparty System with two Major Dominant Parties [with Konstantinos Matakos (Warwick)] Ourania Karakosta (AUEB) Welfare Consequences of Indirect Tax Harmonization when Public Goods are Global [with Christos Kotsogiannis (Univ. of Exeter) and Miguel-Angel Lopez-Garcia (Universidad Autonoma de Barcelona).] Maria Alipranti (Univ. of Crete) Advertising Policies: Comparative versus Informative Advertising in Oligopolistic Markets [with Evangelos Mitrokostas (Univ. of Crete) and Emmanuel Petrakis (Univ. of Crete)] Frago Kourandi (AUEB) Endogenous Spatial Differentiation with Vertical Contracting [with Nikos Vettas (AUEB)] Apostolis Pavlou (AUEB) Upstream Horizontal Mergers and Efficiency Gains [with Valanta Milliou (AUEB)] Parallel Session B: Macro, finance and institutions Chair: George Kouretas (AUEB) Georgios Georgiadis (Goethe Univ. Frankfurt) Growth Effects of Financial Globalization [with Michael Binder (Center for Financial Studies and Goethe Univ. Frankfurt) and Sunil Sharma (IMF)] Chris Stefanadis (Univ. of Piraeus) Production, Appropriation, and Barriers to Entry Philippos Louis (Universidad Autonoma de Barcelona) Learning Aversion and Voting Rules in Collective Decision Making Iordanis Petsas (Baruch College) General Purpose Technologies and their Implications for International Trade Alexandros Vardoulakis (Oxford) "Modelling a Housing and Mortgage Crisis" [with Charles Goodhart (LSE) and Dimitrios Tsomocos (Oxford)] 3:40 4:40 Poster Session I: Konstantina Kottaridi (Univ. of Peloponese) Information and Communication Technology Capital and Foreign Direct Investment: Interlinks and Non-linearities in Economic Growth [with Elena Ketteni (Univ. of Cyprus and Frederick Univ.) and Theofanis Mamuneas (Univ. of Cyprus)] p. 3

4 Pantelis Kammas (Univ. of Ioannina) Are Democratic Governments More Efficient? [with Antonis Adam (Univ. of Ioannina) and Manthos Delis (Univ. of Ioannina)] Nikos Benos (Univ. of Ioannina) Fiscal Policy an Economic Growth: Empirical Evidence from EU Countries Eirini Andriopoulou (Hellenic Competition Commission) Once Poor, Always Poor? Do Initial Conditions Matter? Evidence from the ECHP [with Panos Tsakloglou (AUEB)] Veni Arakelian (Univ. of Cyprus) Spread of Greek Bond vs German Bund hits 165bps: Sign of a junk-rated Economy or Another Side Effect the Financial Crisis? Anastasia Litina (Univ. of Macedonia) Corruption and Tax Evasion in a Model of Public Education and Growth [with Theodore Palivos (Univ. of Macedonia)] Nikolaos Papanikolaou (AUEB) Market Structure, Screening Activity and the Lending Behaviour of Banks Kyriaki Remoundou (AUEB) Valuing Government Trust: a Choice Experiment Application to Forest Fires [with Phoebe Koundouri (AUEB) and Yiannis Kountouris (AUEB)] Serafeim Tsoukas (Univ. of Nottingham) What Effects Have Bond Market Initiatives Had on the Issuance of Corporate Bonds in Asia? [with Paul Mizen (Univ. of Nottingham)] Ioanna Konstantakopoulou (Univ. of Central Greece, Central for Planning and Economic Research) An International Investigation of the Austrian Theory of the Business Cycle [with E. Tsionas (AUEB) and T. Kollintzas (AUEB)] FRIDAY, July 10 Morning free Excursion to Delos 2:15-3:50 Microeconomics Chair: Nikos Vettas (AUEB) Juuso Välimäki (Helsinki School of Economics) Delay and Information Aggregation in Stopping Games with Private Information [with Pauli Murto (Helsinki School of Economics)] Simon Anderson (Univ. of Virginia) Push-Me Pull-You: Comparative Advertising in the OTC Analgesics Industry [with Federico Ciliberto (Univ. of Virginia), Jura Liaukonyte (Univ. of Virginia) and Regis Renault (Universite de Cergy-Pontoise)] 3:50 4:05 Coffee Break 4:05-5:00 Finance Theory Lecture Chair: Emmanuel Petrakis (Univ. of Crete) John Geanakoplos (Yale Univ.) The Leverage Cycle 5:00-5:10 Coffee Break p. 4

5 5:10 6:20 Roundtable on the World 2009 Financial and Economic Crisis. Coordinator: Costas Azariadis (Washington Univ., St. Louis) 6:20-7:20 Poster Session II: Sudipto Bhattacharya (LSE) George Constantinides (Univ. of Chicago) John Geanakoplos (Yale) Yannis Ioannides (Tufts) Herakles Polemarchakis (Univ. of Warwick) Georges Siotis (European Commission, DG-Comp and Carlos III) Dimitri Vayanos (LSE) Elias Boultzis (AUEB) Lobbying and Efficiency under Imperfect Taxation Evangelos Rouskas (AUEB) Efficient Delay in Decision Making Maria Fotaki (AUEB) Human Resources Turnover as an Asset Acquisition, Accumulation and Divesture Process [with Raphael Markellos (AUEB) and Maria Mania (AUEB)] Dimitra Kyriakopoulou (Univ. of Piraeus) Asymptotic Expansions of the QMLEs in the EGARCH (1,1) Model [with Antonis Demos (AUEB)] Vasilis Sarantides (AUEB) The Impact of Fiscal Policy on Profits [with Margarita Katsimi (AUEB)] Christos Bilanakos (AUEB) Career Concerns and the Provision of General Training Anastasios Dosis (Univ. of Athens) Optimal Insurance Contracts with Moral Hazard and Unobservable Risk-Aversion Kyriakos Drivas (Berkeley) The Economic Costs of Vetoes: Evidence from NATO Ioanna Stylianou (Univ. of Cyprus) Failure to Launch? Transition Delay, Institutions, and Divergence [with Andros Kourtellos (Univ. of Cyprus) and Chih Ming Tan (Tufts Univ.)] Tentative: 9:15 Conference Dinner SATURDAY July 11 9:15 10:45 Finance theory Chair: George Tavlas (Bank of Greece) Dimitris Vayanos (LSE) Institutional Flows and Asset Prices Christopher Hennessy (LBS) Liquidity and Feasible Debt Relief 10:45 11:05 Coffee Break p. 5

6 11:05 12:00 Parallel Session A: Macro and Finance I Chair: Yannis Bilias (AUEB) Stelios Fountas (Univ. of Macedonia) The Effects of Uncertainty about Oil Prices in G-7 [with Don Bredin (University College Dublin) and John Elder (North Dakota State University)] Sotiris Karkalakos (Keele Univ.) Capital Tax Competition in the European Union: Theory and Evidence from Two Natural Experiments [with Miltos Makris (Univ. of Leicester)] Parallel Session B: Industrial Organization I Chair: Valanta Milliou (AUEB) George Deltas (Univ. of Illinois) Oligopolistic Competition Between Intermediaries [with Alexei Alexandrov (Rochester) and Daniel F. Spulber (Northwestern Univ.)] John Thanassoulis (Oxford) Vertical Relations under Credit Constraints [with Volker Nocke (Oxford)] 12:00 1:15 Parallel Session A: Macro and Finance II Chair: Sophia Dimelis (AUEB) George Skiadopoulos (Univ. of Piraeus) Asset Allocation with Option-Implied Distributions: A Forward-Looking Approach [with Alexandros Kostakis (Univ. of Glasgow) and Nikolaos Panigirtzoglou (Queen Mary)] Michalis Rousakis (Univ. of Warwick) Capitalizing Implementation Cycles Manolis Mamatzakis (Univ. of Macedonia) Performance and Merton-Type Default Risk of Listed Banks in EU: a panel VAR approach [with Anastasia Koutsomanoli- Filippaki (Ministry of Economy and Finance, Greece)] Parallel Session B: Industrial Organization II Chair: Paris Cleanthous (Univ. of Cyprus ) Konstantinos Serfes (Drexel Univ.) Patent Settlements as a Barrier to Entry [with Anne Duchêne (Drexel Univ.)] Georgia Kosmopoulou (Univ. of Oklahoma) Customer Poaching, Coupon Trading and Consumer Arbitrage [with Qihong Liu (Univ. of Oklahoma) and Jie Shuai (Univ. of Oklahoma)] Christos Genakos (Univ. of Cambridge) Risk Taking and Performance in Multistage Tournaments: Evidence from Weightlifting Competitions [with Mario Pagliero (Universita di Torino and Collegio Carlo Alberto)] p. 6

7 1:15-2:10 Lunch Break 2:10 3:20 Parallel Session A: Micro applications Chair: Charalambos Christou (Univ. of Macedonia) Zacharias Maniadis (Bocconi Univ.) Selective Revelation of Public Information and Self-Confirming Equilibrium Aristotelis Boukouras (Warwick) Endogenous Enforceability of Private Agreements and the Role of Institutional Agents John Chatzigiatroudakis (AUEB) Federation Formation with Endogenous Tax Determination Parallel Session B: Labor, productivity, and development Chair: Sarantis Kalyvitis (AUEB) Eugenia Vella (AUEB) Disentangling the Effects of Public Capital and O&M Outlays on U.S. State Productivity [with Sarantis Kalyvitis (AUEB)] Michael Vlassopoulos (Univ. of Southampton) Disentangling the Sources of Prosocial Behavior in the Workplace: A Field Experiment [with Mirco Tonin (Univ. of Southampton)] Chrysostomos Tabakis (Universidade Nova de Lisboa) Multilateral Tariff Cooperation under Fairness and Reciprocity [with Costas Hadjiyiannis (Univ. of Cyprus) and Doruk Iris (Universidade Nova de Lisboa)] 3:20 4:30 Parallel Session A: Microeconomic policy analysis Chair: George Economides (AUEB) Evangelos Mitrokostas (Univ. of Cyprus) Certification of CSR Activities in Oligopolistic Markets [with Emmanuel Petrakis (Univ. of Crete)] Efi Kyriakopoulou (AUEB) Environmental Policy, Spatial Spillovers and the Emergence of Economic Agglomerations [with Anastasios Xepapadeas (AUEB)] Ilias Livanos (Univ. of Warwick) The Gender Wage Gap as a Function of Educational Degree Choices in an Occupationally Segregated EU Country [with Konstantinos Pouliakas (University of Aberdeen Business School)] Parallel Session B: Macro and finance Chair: Vangelis Vassilatos (AUEB) Nikos Tsakiris (Univ. of Cyprus) Trade and Tax Reforms in a Cash-in-Advance Economy [with Theodore Palivos (Univ. of Macedonia)] p. 7

8 Eleni Gousgounis (Baruch College) Short- Sale Constraints and Dispersion of Opinion: Evidence from the Indian Equity Market Ioannis Polyrakis (NTUA) Maximal Replicated Submarkets [with Foivos Xanthos (NTUA)] SUNDAY July 12 9:15 10:15 War Chair: Apostolis Philippopoulos (AUEB) Enrico Spolaore (Tufts Univ.) War and Relatedness [with Romain Wacziarg (UCLA)] 10:15 10:30 Coffee Break 10:30-12:25 Parallel Session A: Empirical Micro Chair: Stelios Arvanitis (AUEB) Thanasis Stengos (Univ. of Guelph) The Global Joint Distribution of Income and Health [with Ximing Wu (Texas A&M University) and Andreas Savvides (Cyprus Univ. of Technology and Oklahoma State Univ.)] Sofronis Clerides (Univ. of Cyprus) Substitution Across and Within Product Lines: A Joint Analysis of Quantity Discounts and Promotions [with Pascal Court (European University Institute)] Christos Giannikos (Barouch College) Asset Pricing Implications in a Production Economy with Regimes [with Stefano d Addona (Univ. of Rome)] Parallel Session B: Theory Chair: Christos Kotsogiannis (Exeter) Emmanuel Drandakis (AUEB) The Dual Method via the Envlope Theorem for Sensitivity Analysis and Le Chatelier Principle in Parametric Optimzation Problems Kostas Koufopoulos (Warwick Business Sch.) Efficient (First-Best) Nash Equilibria in Economies with Asymmetric Information [with Aristotelis Boukouras (Warwick Business Sch.))] Miltos Makris (Univ. of Leicester) Neutral Optima in Informed Principal Problems with Common Values [with Dieter Balkenborg (Exeter)] 12:25-1:15 Lunch Break p. 8

9 1:15 2:45 Parallel Session A: Applied Micro Theory Chair: George Bitros (AUEB) Yannis Katsoulacos (AUEB) Modelling the Effects of Legal Uncertainty [with David Ulph (Univ. of St. Andrews)] Eleftherios Zacharias (AUEB) Location Decisions of Competing Platforms: The Principle of Maximum Differentiation May Not Hold [with Konstantinos Serfes (Drexel Univ.)] Konstantinos Tatsiramos (IZA) Explaining how Delayed Motherhood Affects Fertility Dynamics in Europe [with Massimiliano Bratti (Univ. of Milan and IZA)] Parallel Session B: Econometrics Chair: Elias Tzavalis (AUEB) Tassos Magdalinos (Univ. of Nottingham) Econometric Inference in the Vicinity of Unity [with Peter Phillips (Univ. of Auckland and Univ. of York)] Yiannis Vrontos (AUEB) Bayesian Analysis of Autoregressive Models with Multiple Structural Breaks [with Loukia Meligkotsidou and Elias Tzavalis (AUEB)] Michalis Stamatogiannis (Univ. of Nottingham) Testing for a Unit Root in the Presence of Autocorrelated Errors 2:45 3:40 Parallel Session A: Micro applications Chair: Gregory Kordas (AUEB) Nikos Nikiforakis (Univ. of Melbourne) The Impact of Social Comparisons on Ultimatum Bargaining [with Ian McDonald (Univ. of Melbourne), Nilss Olekalns (Univ. of Melbourne) and Hugh Sibly (Univ. of Tasmania)] Alex Kostakis (Univ. of Glasgow) Dynamic Bond Portfolio Choice with Macroeconomic Information [with Peter Spencer (Univ. of York)] Parallel Session B: Macro applications Chair: Natasha Miaouli (AUEB) Sophocles Mavroeidis (Brown) Identifying Euler Equation models via stability restrictions Christos Axioglou (AUEB) Long-range Dependence and Transaction Initiation [with Spyros Skouras (AUEB)] p. 9

10 Conference Participants Senior Participants SURNAME/ NAME AFFILIATION ANDERSON Simon Virginia ANGELOPOULOS Costas Glasgow ARKOLAKIS Kostas Yale ARVANITIS Stelios AUEB Econ AZARIADIS Costas Washington Univ., St. Louis BHATTACHARYA Sudipto LSE BILIAS Yannis AUEB- DIEES BITROS Georgios AUEB Econ CABOLIS Christos ALBA CHRISTODOULAKIS Nicos AUEB- DIEES CLEANTHOUS Paris Univ. of Cyprus CLERIDES Sofronis Univ. of Cyprus Univ. of Chicago CONSTANTINIDES George Boston University School of Management DELLAROKAS Chrysanthos DELLAS Harris Univ. of Bern DELTAS George Univ. of Illinois DIMELIS Sophia AUEB - Informatics dimelis@aueb.gr DRANDAKIS Emmanuel AUEB Econ emd@aueb.gr manosdrandakis@yahoo.gr DURLAUF Steven Wisconsin sdurlauf@ssc.wisc.edu ECONOMIDES George AUEB - DIEES gecon@aueb.gr FOUNTAS Stelios Univ. of Macedonia sfountas@uom.gr GALENIANOS Manolis Pennsylvania State galenian@gmail.com, manolis@psu.edu Univ. GATSIOS Konstantinos AUEB Econ gatsios@aueb.gr GEANAKOPLOS John Yale john.geanakoplos@yale.edu GIANNIKOS Christos Barouch College Christos_Giannikos@baruch.cuny.edu HARDMAN Anna Tufts University anna.hardman@tufts.edu HARDOUVELIS Gikas Univ. of Pireaus hardouvelis@ath.forthnet.gr HENNESSY Christopher London Business chennessy@london.edu School IOANNIDES Yannis Tufts Univ. yannis.ioannides@tufts.edu KALYVITIS Sarantis AUEB-DIEES skalyvitis@aueb.gr KARKALAKOS Sotiris Keele Univ. s.karkalakos@econ.keele.ac.uk KATSOULAKOS Ioannis AUEB Econ ysk@hol.gr KORDAS Gregory AUEB Econ kordas@aueb.gr KOSMOPOULOU Georgia Univ. of Oklahoma georgiak@ou.edu KOTSOGIANNIS Christos Univ. of Exeter C.Kotsogiannis@exeter.ac.uk KOUBI Vally Univ. of Bern vally.koubi@vwi.unibe.ch KOUFOPOULOS Kostas Warwick Business Sch. Kostas.Koufopoulos@wbs.ac.uk KOURETAS George AUEB- Bus.Adm. kouretas@aueb.gr MAGDALINOS Tassos Univ. of Nottingham Anastasios.Magdalinos@nottingham.ac.uk MAKRIS Miltos Univ. of Leicester mm288@leicester.ac.uk MAMATZAKIS Manolis Univ. of Macedonia mmamatzakis@mnec.gr, tzakis@uom.gr MAVROEIDIS Sophocles Brown Univ. Sophocles_Mavroeidis@brown.edu MIAOULI Natasha AUEB - Econ miaouli@aueb.gr MILLIOU Valanta AUEB-DIEES cmilliou@aueb.gr ORPHANIDES Athanasios Central Bank of Athanasios.Orphanides@centralbank.gov.cy p. 10

11 Cyprus PALIVOS Theodore Univ. of Macedonia PAPADOPOULOS Konstantinos Aristotle University of Thessaloniki PAPAIOANNOU Elias Dartmouth College PAVLOVA Anna LBS PETRAKIS Emmanuel Univ. of Crete PHILIPPOPOULOS Apostolis AUEB - Econ aphil@aueb.gr POLEMARCHAKIS Herakles Univ. of Warwick h.polemarchakis@warwick.ac.uk POLYRAKIS Ioannis ΝΤUA ypoly@math.ntua.gr SERFES Konstantinos Drexel Univ. ks346@drexel.edu SIOTIS Georges Carlos III - Madrid siotis@eco.uc3m.es SKIADOPOULOS George Univ. of Piraeus gskiado@unipi.gr SKOURAS Spyros AUEB - DIEES skouras@aueb.gr SPOLAORE Enrico Tufts Univ. enrico.spolaore@tufts.edu STAMATOGIANNIS Michalis Univ. of Nottingham lexms9@nottingham.ac.uk STEFANADIS Chris Univ. of Arizona cstefana@ .arizona.edu STENGOS Thanasis Univ. of Guelph tstengos@uoguelph.ca TABAKIS Chrysostomos Universidade Nova de ctabakis@fe.unl.pt Lisboa TATSIRAMOS Konstantinos IZA tatsiramos@iza.org TAVLAS George Bank of Greece gtavlas@bankofgreece.gr THANASSOULIS John Oxford john.thanassoulis@economics.ox.ac.uk TOPALOGLOU Nikolas AUEB - DIEES nikolas@aueb.gr Council of Economic soe@mnec.gr TZANNINIS Dimitris Advisers, Hellenic Ministry of Economy and Finance TZAVALIS Elias AUEB - Econ etzavalis@aueb.gr VÄLIMÄKI Juuso Helsinki School of Juuso.Valimaki@hse.fi Economics VASSILATOS Vangelis AUEB - Econ vvassila@aueb.gr VAYANOS Dimitris LSE D.Vayanos@lse.ac.uk VETTAS Nikos AUEB - Econ nvettas@aueb.gr VRONTOS Yiannis AUEB - Statistics vrontos@aueb.gr XEPAPADEAS Anastasios AUEB - DIEES xepapad@aueb.gr ZACHARIAS Eleftherios AUEB - Econ ezachar@aueb.gr More Recent PhDs SURNAME/ NAME AFFILIATION ANDRIOPOULOU Eirini Hellenic Competition eandriop@epant.gr Commission ANTONOPOULOS Christos Council of Economic canton@mnec.gr Advisers, Ministry of Economy and Finance ARAKELIAN Veni Univ. of Cyprus veni.arakelian@ucy.ac.cy ATHANASIOU George Univ. of Athens/Hellenic gathanas@econ.uoa.gr Postbank ATHANASOPOULOU Maria IMF MAthanasopoulou@imf.org Eleni BENOS Nikos Univ. of Ioannina nbenos@cc.uoi.gr CHRISTOU Charalambos Univ. of Macedonia christou@uom.gr DELIS Manthos Univ. of Central Greece delis@aueb.gr DIASAKOS Theodoros College Carlo Alberta,Italy theodoros.diasakos@carloalberto.org DIOIKITOPOULOS Vagelis AUEB Econ (visit.) evangelos.dioikitopoulos@aueb.gr p. 11

12 GENAKOS Christos Univ. of Cambridge KAMMAS Pantelis Univ. of Ioannina KETTENI Elena Univ. of Cyprus KONSTANTAKOPOULOU Ioanna Univ. of Central Greece, Central for Planning and Economic Research KOSTAKIS Alex Univ. of Glasgow KOTSEVA Rossitsa European Commission Rossitza- KOTTARIDI Konstantina Univ. of Peloponese LIVANOS Ilias Warwick MANASAKIS Constantine Univ. of Crete MANIADIS Zacharias Bocconi Univ. MITROKOSTAS Evangelos Univ. of Cyprus (visit.) MOTIS Jrissy Univ. of Crete MYLONIDIS Nikolaos Univ. of Ioannina NIKIFORAKIS Nikos Univ. of Melbourne PAPAGEORGIOU Theodore Penn State PETSAS Iordanis Baruch College POULIAKAS Konstantinos Univ. of Aberdeen Business School TSAKIRIS Nikos Univ of Cyprus VLASSOPOULOS Michael Univ. of Southampton VOURVACHAKI Evangelia CERGE-EI Doctoral Candidates SURNAME/ NAME AFFILIATION ADAMOPOULOU Froso Universidad Carlos III de Madrid ALIPRANTI Maria Univ. of Crete ALYSSANDRAKI-KOLITA Zoi Universidad Carlos III de Madrid ANTONIOU Fabio AUEB - DIEES fantoniou@aueb.gr argyropoulos Efthimios AUEB - Econ efargyrop06@aueb.gr AXIOGLOU Christos AUEB DIEES aksion@aueb.gr BAMPASIDOU Maria Univ. of Florida mbampasidou@gmail.com BILANAKOS Christos AUEB DIEES xmpilan@aueb.gr BOUKOURAS Aristotelis Warwick A.Boukouras@warwick.ac.uk BOULTZIS Elias AUEB - Econ boultzis@aueb.gr BOURA Panagiota University of Patras paneboura@upatras.gr CHATZIGIATROUDAKIS John AUEB - Econ johnnybeuoi@gmail.com CHALIOTI Evangelia AUEB - DIEES echalioti@aueb.gr DENDRAMIS Giannis AUEB - Econ ded1@otenet.gr DOSIS Anastasios Univ. of Athens tdosis@gmail.com DRIVAS Kyriakos Berkeley dribask@gmail.com FAKOS Alexandros AUEB Econ alexandrosaueb@gmail.com FOTAKI Maria AUEB - Management Science & Technology mfotaki@aueb.gr GATOPOULOS Georgios Univ. of Geneva georgios.gatopoulos@hec.unige.ch GEORGIADIS Georgios Goethe Univ. Frankfurt ggeorgia@wiwi.uni-frankfurt.de GIANNAKIDIS Harilaos AUEB - DIEES haris_g1982@yahoo.gr GOUSGOUNIS Eleni Baruch College Eleni.Gousgounis@baruch.cuny.edu KALFARENTZOS Constantinos Princeton kalfarentzos@gmail.com KALOUPTSIDI Myrto Yale myrto.kalouptsidi@yale.edu p. 12

13 KARABARBOUNIS Loukas Harvard KARAKOSTA Ourania AUEB - Econ rkarakosta@aueb.gr KARFAKIS Panagiotis Univ. of Athens karfakis@econ.uoa.gr KARPATHIOTAKI Tereza Univ. of Crete thiresiakarpathiotaki@yahoo.gr KASAPIS Apostolos AUEB - Econ akasapis@aueb.gr KATSANDREDAKI Katerina AUEB - Econ katsandredaki.k@gmail.com KAZANAS Athanasios AUEB - Econ tkazanas@aueb.gr KERO Afroditi EUI keroaf1@gmail.com KOLIOUSI Panagiota AUEB - Econ gkoliousi@aueb.gr KOURANDI Frago AUEB - Econ kourandi@aueb.gr KYRIAKOPOULOU Dimitra Univ. of Piraeus dkyriab@aueb.gr KYRIAKOPOULOU Efi AUEB - DIEES efik@aueb.gr LITINA Anastasia Univ. of Macedonia me0607@uom.gr LOUIS Philippos Universidad Autonoma de flouis@idea.uab.es Barcelona MAKANTASI Fay AUEB - Econ faymakantasi@aueb.gr MATAKOS Konstantinos Warwick K.K.Matakos@warwick.ac.uk MAVRIDIS Dimitris Paris School of mavridis@pse.ens.fr Economics and Collège de France METSIOU Eleni AUEB - Econ emetsiou@aueb.gr MINOS Dimitrios Univ. of Göttingen dminos@uni-goettingen.de PAPADAKIS Emmanuel AUEB - Econ manospa@aueb.gr PAPANIKOLAOU Nikolaos AUEB- DIEES nickpap@aueb.gr PAPIOTI Katerina-Chara AUEB - Econ kxpapioti08@aueb.gr PAVLOU Apostolis AUEB - Econ pavlou@aueb.gr PEPPAS Kostas AUEB - Econ peppask@aueb.gr PETROHILOS Yiannis AUEB- DIEES ipetrohilos@aueb.gr POLYCARPOY Ioannis AUEB - Econ johnpolycarpoy@hotmail.com RAPANOS Theodoros UCL theodore.rapanos@yahoo.com REMOUNDOU Kyriaki AUEB - DIEES kremoundou@aueb.gr ROUSAKIS Michalis Univ. of Warwick M.Rousakis@warwick.ac.uk ROUSKAS Evangelos AUEB - Econ rouskas@aueb.gr SACHTACHTINSKAYIA Sabina AUEB - Econ sabina@aueb.gr SAKELLARIS Kostis AUEB - Econ sakellaris@rae.gr SAPERAS Sotirios AUEB - Econ sosaperas08@aueb.gr SARANTIDES Vasilis AUEB- DIEES sarantides@aueb.gr SARIGIANNIDOU Maria Univ. of Tennessee at msarigia@utk.edu Knoxville STYLIANOU Ioanna Univ. of Cyprus sioanna@ucy.ac.cy SYRMALI Maria Panteio Maria-Eleni.Syrmali@panteion.gr TASSIOPOULOS Anastassios AUEB - Econ tassiopoulos@aueb.gr THEOCHARIS Loukas AUEB - Econ theocharis_loukas@yahoo.gr TRIVIZA Eleftheria AUEB - Econ etriviza06@aueb.gr TSOUKALAS Konstantinos AUEB - Econ ktsoukalas08@aueb.gr TSOUKAS Serafeim Univ. of Nottingham lexst5@nottingham.ac.uk TZAVELOPOULOS Grigoris Finance department of Wienerberger tzavelopoulos_gr@yahoo.gr VARDOULAKIS Alexandros Oxford alexandros.vardoulakis@sbs.ox.ac.uk VARTHALITIS Petros AUEB - Econ pvarthalitis@aueb.gr VELLA Eugenia AUEB- DIEES eugvella@aueb.gr VLACHAKI Eirini AUEB- DIEES vlachaki@aueb.gr XEFTERIS Dimitrios Universitat Autonoma de Barcelona dmxefteris@idea.uab.es ZERVOU Anastasia Washington Univ., St. Louis azervou@artsci.wustl.edu p. 13

14 Conference Sponsors Ministry of Economy and Finance National Bank of Greece Hellenic Bank Association Municipality of Tinos Municipality of Exombourgo Co-organized by Economics Department AUEB Prefecture of Kyclades Subprefecture of Tinos p. 14