6th PhD Meeting in Economics 2018 Conference Programme

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Thursday 5 th July 2018 6th PhD Meeting in Economics 2018 08:00 08:50 Registration & Refreshments 08:50 09:00 Welcome 09:00 10:00 Keynote Speech: Theodore Koutmeridis (University of Glasgow) Chair: Ilias Katsikas 10:00 12:00 Parallel Sessions Groups A1, B1 A.1 Chair: Philipp Schaz 1. Beating the Market? A Mathematical Puzzle to Market Efficiency. Michael Heinrich Baumann (University of Bayreuth, Germany) 2. Capital Structures in Troubled Times. Stephanie Collet (Research Center SAFE, Germany), Marius Liebald (Goethe University Frankfurt, Germany), Uwe Walz (Goethe University Frankfurt, Germany) 3. Capital structures of US market Firms and its determinants during different macroeconomic states and various leverage levels. Konstantinos Gkillas (University of Patras, Greece), George Peppas (Hellenic Open University, Greece), Athanasios Tsagkanos (University of Patras, Greece), Ilias K. Salatas (University of Patras, Greece) 4. The Real Effects of Financial Protectionism. Philipp Schaz (Humboldt University of Berlin, Germany) B.1 Chair: Despoina Balouktsi 1. Subjective well-being: The importance of attending local sport events. Ioannis Papaiakovou (Aristotle University of Thessaloniki, Greece) 1

2. Macroprudencial policy and inequality. Areti Bouzioti (University of Piraeus, Greece), Emmanouil Tsiritakis (University of Piraeus, Greece) 3. Financial and housing wealth effects on consumption. Dimitra Kontana (University of Macedonia, Greece), Fotios Siokis (University of Macedonia, Greece) 4. The link of wealth inequality to agents heterogeneity and returns. Despoina Balouktsi (Goethe University Frankfurt, Germany) 12:00 12:15 Coffee Break 12:15 14:15 Parallel Sessions Groups A2, B2 A.2 Chair: Dimitrios Minos 1. Stagnation and the Liquidity Trap. Konstantinos Tsinikos (University of Rome, "Tor Vergata", Italy) 2. Euro area crisis: A north-south divide. Thomai Lampadari (National and Kapodistrian University of Athens, Greece) 3. Corruption, Transaction Costs and Seigniorage in a Monetary Endogenous Growth Model. Réda Marakbi (University of Orléans, France), Patrick Villieu (University of Orléans, France) 4. Does it Pay to Participate? Konstantinos Matakos (King s College London, UK), Dimitrios Minos (King s College London, UK), Ari Perdana (Asian Development Bank), Elizabeth Radin (Columbia University) 2

B.2 Chair: Theodore Panagiotidis 6th PhD Meeting in Economics 2018 1. Women s Political Power and Environmental Outcomes. Georgios Voucharas (University of Macedonia, Greece), Dimitrios Xefteris (University of Cyprus) 2. Suspicious Success Cheating, Inequality Acceptance, and Political Preferences. Felix Klimm (University of Munich, Germany) 3. A theory of k-winners. Diego Canales (University of Nottingham, UK) 4. Economic inequality, political polarization and voter turnout. Erika Pini (Université Catholique de Louvain, Belgium) 14:15 15:30 Lunch (University Restaurant) 15:30 16:30 Keynote Speech: Dimitrios Xefteris (University of Cyprus) Chair: Christos Constantatos 16:30 18:40 Parallel Sessions Groups A3, B3 A.3 Chair: Iordanis Petsas 1. Semiparametric Estimation of the Conditional Average Treatment Effect with Optimal Bandwidth. Róbert P. Lieli (Central European University, Hungary), Balázs Vonnák(Central European University, Hungary) 2. Information Design and the "Wisdom of the Crowds". Giorgos Papadomichelakis (University of Barcelona, Spain) 3

3. Investors behavior in cryptocurrency market. George Tsomidis (Athens University of Economics and Business, Greece) 4. The times are a changin': Challenging transgressions as self-serving behaviour. Konstantinos Pilpilidis (Institute of Law & Economics Hamburg, Germany) 5. The R 2 and the Seven Events: The Dilemma between Return Synchronicity and Price Efficiency. Jinghan Cai (University of Scranton, USA), Fengyun Li Renmin (University of China, China), Iordanis Petsas (University of Scranton, USA) B.3 Chair: István Boza 1. Schooling, job training and wage inequality amplification. Akbar Ullah (University of Leicester, UK) 2. Individual and family labour supply in Thailand: A structural discrete hours approach. Shinawat Horayangkura (University of Sheffield, UK) 3. Youth unemployment trends: Global prospects. Elizaveta Seregina (Southern Federal University, Russia) 4. The Effect of Past Co-workers on Labor Market Outcomes Evidence from Hungary. István Boza (Central European University, Hungary), Virág Ilyés (Corvinus University of Budapest, Hungary) 5. Wage Gains from Foreign Ownership Evidence from Linked Employer-Employee Data. István Boza (Central European University, Hungary), János Köllő (Hungarian Academy of Sciences, Budapest) 4

Friday 6 th July 2018 6th PhD Meeting in Economics 2018 08:30 09:00 Registration 09:00 10:00 Keynote Speech: Konstantinos Matakos (King s College London) Chair: Rebekka Christopoulou 10:00 12:00 Parallel Sessions Group A4, B4 A.4 Chair: David Heller 1. Investments under vertical relations and agency conflicts. Dimitrios Zormpas (University of Padova, Italy) 2. Qualification-intensity of Greek micro-entrepreneurship before and after Crisis. Maria Tsampra (University of Patras, Greece), Reveka Gkerats (University of Patras, Greece) 3. Firm Export Quality over the Business Cycle. Sarantis Kalyvitis (Athens University of Economics and Business, Greece), Eirini Thomaidou (Athens University of Economics and Business, Greece) 4. The Impact of Financial Resources on Innovations. David Heller (Goethe University Frankfurt, Germany), Jan Krzyzanowski (Goethe University Frankfurt, Germany) B.4 Chair: Theodore Panagiotidis 1. Treating Shocks to Terms of Trade as Shocks to Productivity Redux. Hui-Lan Chang (University of York, UK) 2. An Explanation to Various Estimated Effects of EMU on International Trade. Jia Hou (Goethe University Frankfurt, Germany) 5

3. Once More, a Story about Oil and Stock Markets. Ioannis Arabatzidis (University of Macedonia, Greece), Theodore Panagiotidis (University of Macedonia) 4. Migration in a Small Open Economy: A Native Perspective. Emily Barker (University of Sheffield, UK) 12:00 12:15 Coffee Break 12:15 14:15 Parallel Sessions Groups A5, B5 A.5 Chair: George Overton 1. History of Balkan environmental thought. A focus on thermodynamics and energy in economics. Nona Nenovska (University Paris Diderot, France), Nikolay Nenovsky (University of Almiens, France) 2. Reasons for shifting and barriers to renewable energy; A literature review. Tarek Safwat Kabel (University of Buckingham, UK), Mohga Bassim (University of Buckingham, UK) 3. The Impact of Individual & Project-based factors towards Lean Transformation: The Case of the Greek Power Public Corporation. Michail Angelopoulos (University of Piraeus, Greece), Yannis Pollalis (University of Piraeus, Greece) 4. Portfolio choice, risk shifting and cost efficiency: an empirical analysis of insurance company insolvencies and resolution. Olivier de Bandt (French Prudential Supervisory Authority (ACPR), France & Banque de France, France), George Overton (Universite de Paris Ouest Nanterre, France) B.5 Chair: Theodore Panagiotidis 1. Revisiting the Political Economy of Fiscal Adjustments. 6

Theodore Panagiotidis (University of Macedonia), Athanasios Ziogas (University of Macedonia, Greece) 2. The False Perceptions of the Financial Crisis: Market Structure, the Government and Health Care in Post-Crisis Greece. Kanella Karampela (University of Peloponnese, Greece), Thomakos Dimitrios (University of Peloponnese, Greece) 3. Essays on Human Capital and Regional Economics. Benos Nikos (University of Ioannina, Greece), Karagiannis Stelios (European Commission, Joint Research Centre, Italy), Sofia Tsitou (University of Ioannina, Greece) 4. On the debt-threshold hypothesis: An economic principle or the result of crosscountry heterogeneity and non-linearities? Juergen Amann (University of Nottingham, UK) 14:15 15:30 Lunch (University Restaurant) 15:30 16:30 Keynote Speech: Kyriakos Neanidis (University of Manchester) Chair: Stilianos Fountas 16:30 18:40 Parallel Sessions Groups A6, B6 A.6 Chair: Theodore Panagiotidis 1. Women s Labour Force Participation & Increasing Divorce Rates: Evidence from early-twentieth-century Greece. Tryfonas Lemontzoglou (University of Siena (UNISI), Italy) 2. The Easterlin effect and the children born out-of-wedlock: Relative or Absolute income? Georgios Mavropoulos (University of Macedonia, Greece) 3. An Anatomy of the Greek Crime. Eleni Kyrkopoulou (Athens University of Economics and Business, Greece), Alexandros Louka (Athens University of Economics and Business, Greece) 7

4. Economic crisis, health status of the unemployed and the family support. Michael Chletsos (University of Ioannina, Greece), Vanessa Barmpagianni (University of Ioannina, Greece) 5. Intergenerational Income Mobility in the UK: New evidence using the BHPS and Understanding Society Data. Bertha Rohenkohl (University of Sheffield, UK) B.6 Chair: Milica Nikolic 1. Increased access to public funds and SMEs' self-constraint, bank-landing constraints and demand for other funds: Evidence from European SMEs. Milica Nikolid (Vienna Graduate School of Economics - VGSE, Austria) 2. Assessing the financial and financing conditions of Albanian SMEs. Filip Ruxho (European University of Tirana, Albania) 3. The Political Economy of the Tunisian Economy: The Democratic Transition. Azza Ziadi (University of Tunis El Manar, Tunisia), Claude Serfati (Institute of Economic and Social Research, France) 4. Financing MSMEs (Micro Small and Medium Enterprises) in Nigeria: Implications of Transaction Costs and Collateral. Oluseye Ajuwon (University of Stellenbosch Business School, South Africa), Sylvanus Ikhide (University of Stellenbosch Business School, South Africa), Joseph Oscar Akotey (University of Stellenbosch Business School, South Africa) 18:40 18:45 Concluding Remarks 8