
The sessions will take place in the following rooms: Plenary session: Room H 22.15 Session 1: Room H 13.01 Session 2: Room H 13.02 Session 3: Room H 13.08 Session 4: Room H 13.09 Session 5: Room H 22.13 Thursday, July 4th:
8:00 – 8:45 Registration 8:45 – 9:00 Welcome and opening session Ali Bayar, Free University of Brussels (ULB) and EcoMod André Dramais, European Commission 9:00 – 10:30 Plenary session I General equilibrium modeling Chair: Victor Ginsburgh Sherman Robinson Estimation, calibration and validation of computable general equilibrium models Glenn Harrison, Thomas Rutherford, David Tarr Trade liberalization, poverty and efficient equity 10:30 – 11:00 Coffee break 11:00 – 12:30 Parallel sessions Session 1: Modeling: new developments Chair: André Dramais Stephen Huxley The greatest good for the greatest number: data envelopment analysis and non-linear programming as tools for estimating the efficiency of foreign aid allocations for developing countries Nurhan Davutyan Efficiency enhancement in the tourism sector: some Turkish examples Robert Lundmark, Patrick Söderholm Technical change in the Swedish pulp and paper industry: a general index approach Session 2: Monetary issues Chair: Khalid Sekkat Michel Beine, Agnès Benassy-Quere, Estelle Dauchy, Ronald McDonald The impact of the central bank intervention on forecast heterogeneity Andrew Hughes Hallet, Christian Richter Are capital market efficient? Evidence from the term structure of interest rates in Europe Fritz Breuss Is ECB's monetary policy optimal already? Session 3: Environment Chair: Paul de Boer Inge Mayeres, Denise Van Regemorter Modelling the health related benefits of environmental policies within a CGE model for the EU-15 countries Cathrine Hagem, Ottar Maestad, Hege Westskog Effective enforcement and imprecise deterrents: impacts of punishment on punishers via the markets for quotas and energy Johannes Bollen Climate policies and R&D Session 4: Growth Dominique Guellec, Bruno Van Pottelsberghe From R&D to productivity growth: the sources of knowledge spillovers and their interaction Romulo Chumacero, Rodrigo Fuentes On the determinants of the Chilean economic growth Durmuş Özdemir Growth, liquidity constraints, credibility and the effects of shocks under a non-credible government Session 5: Regional economics Chair: Maurizio Bussolo Matthias Ross The impact of the infrastructure and taxes on regional agglomerations Edson Domingues, Eduardo Haddad Analyzing the spatial impacts of tax policies: an interregional CGE framework for Brazil Serge Coulombe International trade, interprovincial trade, and provincial growth 12:30 – 14:00 Lunch 14:00 – 15:30 Parallel sessions Session 1: General equilibrium modeling Chair: Denise Eby Konan Dirk Willenbockel Specification choice and robustness in CGE trade policy analysis with imperfect competition Maurizio Bussolo, John Whalley How many forms do I have to fill in to export my coffee? The role of transaction costs in explaining economic performance in Latin America Patricia Augier, Michael Gasiorek Rules of origin and international trade: the case of the EU, the Mediterranean and the CEEC's Session 2 : Environment and infrastructure Chair: Serge Coulombe Emre Alp, David Clark, Robert Griffin, Vladimir Novotny The application of benefit transfer in a Wisconsin watershed Radha Balkaransingh The impact of public infrastructure on private costs: the case of Japan Bob Constantin, Adriana Grigorescu, Radu Serban Efficient management of thermoelectric power station through a model of nonlinear optimization Session 3: Environment Chair: Johannes Bollen Maria Pempetzoglou, Stella Karagianni A general equilibrium model for assessing the economic effects of carbon taxation in Greece Sebnem Sahin Turkey facing the global change problem: an economic analysis within a regional general equilibrium model with a tradable emission permits system Johan Eyckmans, Denise Van Regemorter, Vincent Van Steenberghe Is Kyoto fatally flawed? An analysis with MacGEM Session 4: Public finance Chair: Knud Jorgen Munk Sandro Momigliano, Stefano Siviero The budget and economic activity in Italy in the nineties: an appraisal using the Bank of Italy’s quarterly econometric model Martin Dietz, Christian Keuschnigg Capital income tax reform in Switzerland Lorenzo Pozzi Government debt, imperfect information and fiscal policy effects on private consumption. Evidence for 2 high debt countries Session 5: EU enlargement Chair: Andries Brandsma Fritz Breuss Consequences of EU enlargement for macroeconomic stability in Euroland Anders Due Madsen, Lars Haagen Pedersen, Morten Lobedanz Sorensen Economic consequences for Denmark of EU enlargement Ali Bayar The impact of the EU enlargement on the MENA region 15:30 – 16:00 Coffee break 16:00: 17:30 Parallel sessions Session 1: Modeling Asian economies Chair: Jong-Hwan Ko Li Ninghui China’s food economy and its implications for the rest of the world Nguyen Chan, Tran Kim Dung Development of CGE model to evaluate tariff policy in Vietnam Jean-Louis Brillet, Li Ninghui, Liu Xiaoyue China accessing WTO: interpreting the issues using the NBS annual model Session 2: Business cycles Chair: Michel Beine Bertrand Candelon, Alain Hecq Short-run attractor regimes and the cyclical behavior of output and prices Ali Bayar, Bertrand Candelon Entry and exit dynamics in business cycles Guillaume Guerrero Markov-switching models of business cycle: can the econometric model detect the growth regime? Session 3: Sustainable development Chair: Denise van Regemorter Brant Liddle Sustainable development and globalization in a world with unequal starting points Maurizio Bussolo, Jeff Round Redistribution and poverty: experiments with a CGE model for Ghana Arnaud Fougeyrollas, Pierre Le Mouël, Paul Zagame Endogenous growth in an applied general equilibrium model for Europe (GEM-E3) Session 4: Transport and industrial policy Chair: Stephen Huxley Kurt Kratena, Wilfried Puwein Road pricing for heavy goods vehicles transport: assessing the economic impact in a disaggregated macroeconometric model Knud Jorgen Munk Assessment of the introduction of road pricing using a computable general equilibrium model Helena Lenihan Evaluating the effects of Irish industrial policy: estimating predictive (logit) models for deadweight and displacement Session 5: Regional integration Chair: Marinos Tsigas Selahattin Bekmez Is integration with Europe good enough for the Turkish producers? Peter Egger, Michael Pfaffermayr The pure effects of European integration on intra-EU core and periphery trade Raine Hermans Economic integration and spatial agglomerations - European regions in a synthetic free trade area analysis 20:00 Conference Diner at the Hotel Conrad, Place Stéphanie. Friday, July 5th: 9:00 – 10:30: Parallel sessions Session 1: Modeling: new developments Chair: André Dramais Wojciech Charemza, Svetlana Makarova, Victoria Parkhomenko LAM modelling of East European economies: methodology, EU accession and privatisation Maria Demertzis, Marga Peeters, Peter Van Els EUROMON: The Netherlandsche Bank's multi-country model for policy analysis in Europe Arnaud Fougeyrollas, Pierre Le Mouël, Paul Zagame An innovative detailed macro-sectoral econometric model for Europe: NEMESIS Session 2: Tax policy Chair: Carlos Martinez Mongay Ali Bayar, Ghazi Ben-Ahmed, Frédéric Dramais, Joffrey Malek-Mansour The impacts of the American new steel policy on the international steel markets Marinos Tsigas, Patrick Canning Implications of tax policies for U.S. food and agriculture: a multiregional, economy-wide approach Alexis Parmentier The impact of tax progression on employment, hours and wages Session 3: Finance and development Chair: Yunus Aksoy Rodney Reid Net worth and investment under financial liberalization: microeconomic evidence from Jamaica Roland Füss The financial characteristics between emerging and developed equity markets Vijay Bhasin Reaction functions of the bank of Ghana: a dynamic approach Session 4: Middle East and North Africa Chair: Michael Gasiorek Motaz Khorshid, Yousef Al-Ibraheem, Adel Assem, Maurice Girgis Estimating economy wide war losses using a computable general equilibrium model Denise Eby Konan and Keith E. Maskus Quantifying the impact of services liberalization in a developing country Bouziane Bentabet The effects of Euro-Mediterranean agreements: the case of Algerian economy Session 5: Ageing Chair: Paul de Boer Leon Bettendorf, Thijs Knaap Ageing, interest scenarios and the current account: simulations for the Netherlands Marco Catenaro, Philipp Rother, Gerhard Schwab Ageing and pensions in the Euro area Henri de Groot, Paul Tang The impact of ageing on international capital flows in a heterogeneous world with imperfect capital mobility 10:30 – 11:00 Coffee break 11:00 – 12:30 Parallel session Session 1: Labor market Chair: Wojciech Charemza Yin Ya Ping Skilled-unskilled wage / employment disparity – a CGE simulation analysis of the recent UK experience Gang Gong, Willi Semmler Real business cycles with disequilibrium in the labor market: a comparison of the US and German economies Christoph Boehringer, Stefan Boeters, Michael Feil Taxation and unemployment: an applied general equilibrium approach for Germany Session 2: Regional economics Chair: Marinos Tsigas Natalie Lubenets, Grigory Fainstein Development of regional specialisation and income under transition into EU: evidence from Estonia Eckhardt Bode Regional economic interaction and the role of growth poles in East Germany’s convergence process Qingyang Gu The impacts of fiscal federalism on China’s regional economies: a multiregional modeling approach Session 3: Trade liberalization Chair: Kiichiro Fukasaku Lionel Fontagné, Jean-Louis Guérin, Sébastien Jean Multilateral trade liberalization: scenarios for the new round and assessment Pascal Bernard The paradox of trade liberalization with renewable resources Saime Suna-Kayam Welfare consequences of trade reform with sensitivity Session 4: Middle East and North Africa Chair: Jasminka Sohinger Ali Bayar, Ghazi Ben-Ahmed, Paul de Boer GCC countries: pledge for a freer, open-market economy, regional and multilateral aspects Motaz Khorshid Impact of fiscal reform program on Kuwait’s medium term economic performance: results from a public finance economy-wide interaction model Mohammad Ali Moradi Nonlinear modeling of inflation in Iran Session 5: European integration Chair: Werner Röger Olivia Galgau, Khalid Sekkat The impact of the single market on foreign direct investment in the European Union Manuel Antonio da Mota Freitas Martins Macroeconomic performance and policymakers preferences in the Euro area 1972-2001 Frédérique Sibi Optimal monetary policy in the area of the Euro: arbitrage in inflation – output - interest rate adjustment 12:30 – 14:00 Lunch 14:00 – 15:30 Plenary Session II EU enlargement Chair: Lionel Fontagné Andries Brandsma The challenges of the EU enlargement Wilhelm Kohler Modeling the EU enlargement 15:30 – 16:00 Coffee break 16:00 – 17:30 Parallel sessions Session 1: Modeling Asia and Oceania Chair: Jong-Hwan Ko Kunhong Kim, Viv Hall, Robert Buckle New Zealand's current account deficit: analysis based on the intertemporal optimisation approach Yiseok Hong The economic effects of free trade areas within APEC Session 2: Macroeconomic and monetary modeling Chair: Yunus Aksoy Ferdy Adam What sense does it make to take into account a Nairu for the forecast of inflation for a very small and open economy like Luxembourg? Cédric Audenis, Julien Deroyon, Nathalie Fourcade The impact of ICT capital accumulation - a complete macroeconomic framework Ermelinda Lopes Modelling the demand for money Session 3: Labor market Chair: Bertrand Candelon Kanyarat Bhanthumnavin The Phillips curve in Thailand Odile Chagny, Frédéric Reynes, Henri Sterdyniak The equilibrium rate of unemployment: a theoretical discussion, and an empirical evaluation in six OECD countries Peter Flaschel, Hans-Martin Krolzig Wage and price Phillips curves: an analysis of destabilizing wage-price spirals Ahmed Touil The impacts of financing job creation in Algeria Session 4: Policy coordination Chair: André Dramais Giovanni Di Bartolomeo, Jacob Engwerda, Joseph Plasmans, Bas van Aarle Ex-ante and ex-post co-ordination of macroeconomic stabilisation policies: a game theoretical analysis of the European institutional design Karl Pichelmann, Werner Roeger Structural reforms in labour and product markets and macroeconomic performance 20:00 – … Beer tasting at the “Grand Place”
Saturday, July 6th: 9:00 – 11:00 Parallel sessions Session 1: Modeling: new developments Chair: Dirk Willenbockel Pascal Jacquinot, Ferhat Mihoubi Marcos: a rational expectation model Volodymyr Ryaboshlyk Combining general equilibrium and growth models: a new tool for policymaking Oliver Fritz, Raimund Kurzmann, Gerhard Streicher, Gerold Zakarias Comparing regional structural change: an application of econometric input-output models Alan Matthews, Ronnie O’Toole Comparing the estimated general equilibrium (GE) and partial equilibrium (PE) price elasticities of demand using IMAGE, a CGE model of Ireland Session 2: Monetary policy Chair: Paul de Boer Eric Meyermans Monetary policy in the Euro area: simulations with the NIME model Yunus Aksoy On the long-term neutrality of European and US money Fernando Ballabriga, Carlos Martinez-Mongay Has EMU shifted policy? Volker Clausen, Bernd Hayo Asymmetric monetary policy effects in the EMU Session 3: Finance Chair: Christian Richter Zoltan Jakab, Andras Mihaly Kovacs Explaining the exchange rate pass-through: some simulations with the NIGEM model Raja Albqami, Michael Appelgate Does stock market make a difference? Balazs Egert, Amina Lahrèche-Révil Equilibrium exchange rates and CEE accession economies: are they fit to join the EMU? Patrick Watson Monetary dynamics in Jamaica: a policy-making perspective Session 4: Agriculture Chair: Wilhelm Köhler Laurent Piet Assessing locally defined environmental policies in the agricultural sector: a multiregional CGE modeling approach Alexandre Gohin The phasing out of export subsidies: impacts on EU agriculture Laurent Cretegny Modelling the multifunctionality of agriculture in a CGE framework Katsuhiro Saito Public investment and the economy-wide effects: an AGE evaluation of agricultural land improvement in Japan Session 5: International finance Chair: Roland Füss Ansgar Belke, Matthias Göcke Real options effects on employment: does exchange rate uncertainty matter for aggregation? Rainer Frey Exchange rate volatility and international trade - some GARCH estimations stress the importance of trade diversification Irfan Civcir The long-run determinants of dollarization in Turkey Jerome Stein, Fleming Wendell Stochastic optimal control, international finance and debt Session 6: Monetary and fiscal policy Chair: Durmuş Özdemir Luca Onorante Unique monetary policy in the first two years of EMU: an empirical assessment Christian Mueller A challenge to the first pillar? The French experience Doug Hostland Fiscal planning in an era of economic stability Michael Andersen, Svend Erik Hougaard Jensen, Lars Haagen Pedersen Ageing, fiscal sustainability, and occupational pensions 11:00 – 11:30 Coffee break 11:30 – 13:30 Plenary Session III Environmental modeling Chair: Pierre Valette Johan Eyckmans, Henri Tulkens Simulating coalitionally stable burden sharing agreements for the climate change problem Frédéric Ghersi IMACLIM-POLES: A tentative bridge across the bottom-up/top-down gap energy modeling Johannes Bollen, Ton Manders Relocation of EU industries from the Kyoto protocol. New insights from a new WorldScan model 13:30 – 13:45 Closing session Ali Bayar, Free University of Brussels and EcoMod André Dramais, European Commission Registration Information and Local Arrangements Questions related to local arrangements should be addressed to Ms Anouk Verlinden: Email: anouk.verlinden@ecomod.net Tel:+32-2-650 3988 Fax: + 32-2-650 4137 |