June 28 − July 1, 2006
Dubrovnik, Croatia
Dubrovnik, Croatia
SCIENTIFIC COMMITTEE
- Mr. Željko Rohatinski, Chairman, Governor of the Croatian National Bank
- Mr. Boris Vujčić, Vice Chairman, Assistant Professor, Deputy Governor of the Croatian National Bank
- Mr. Mario I. Blejer, Member, Director of the Centre for Central Banking Studies, Bank of England
- Mr. Jacob A. Frenkel, Member, Vice Chairman of the American International Group, Inc.
- Mr. Paul Wachtel, Member, Professor, New York University, Leonard N. Stern School of Business
ORGANIZING COMMITTEE
- Mr. Tomislav Presečan, Chairman, Vicegovernor of the Croatian National Bank, Chairman of the Committee
- Ms. Nina Srkalović, Head of the Office of the Governor, Deputy Chairwoman of the Committee
- Ms. Mirjana Šipić, Senior Advisor in the Accounting Department, Member of the Committee
- Ms. Vanja Orešković, Associate in the Office of the Governor, Secretary of the Committee
LIST OF PARTICIPANTS
(participation by invitation only)
PAPERS
- Sven Blank and Claudia M. Buch: Cross-Border Banking and Channels of Transmission: Evidence from Bilateral Data
PRESENTATION - Mario I. Blejer: Asset Prices and Monetary Policy Some Analytical Considerations and the Current Global Conditions
PRESENTATION - Klara Sabirianova, Jan Svejnar and Katherine Terrell: Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?
- Allan Drazen: Electoral Fiscal Policy in New, Old, and Fragile Democracies
- Josef C. Brada, Ali M. Kutan, Taner M. Yigit: The Effects of Transition and Political Instability On Foreign Direct Investment Inflows: Central Europe and the Balkans
PRESENTATION - Dubravko Mihaljek: Rapid Growth of Bank Credit in Central and Eastern Europe: the Role of Housing Markets and Foreign-Owned Banks
PRESENTATION - Rainer Haselmann and Paul Wachtel: Are the banks in the transition countries banks?
- Menzie D. Chinn and Hiro Ito: Current Account Balances, Financial Development and Institutions: Assaying the World "Savings Glut
- Stephen G. Cecchetti: The Brave New World of Central Banking: Policy Challenges Posed by Asset Price Booms Busts
- Benjamin M. Friedman and William Joseph Maier: The Moral Consequences of Economic Growth
Discussion by Athanasios Vamvakidis - Dirk Krueger and Alexander Ludwig: On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare
- Evan Kraft: Household Lending in Croatia: A Comparative Perspective
PRESENTATION
YOUNG ECONOMISTS' PAPERS
- Goran Vukšić: Foreign Direct Investment and Export Performance of the Transition Countries in Central and Eastern Europe
- Tanja Broz and Tomislav Ridzak: Croatian Equity Market in Perspective of European Integration
- Maruška Vizek and Iva Čondić-Jurkić: Integration of CEE and EU-15 Money Market, Deposit and Lending Markets: Does Bank Ownership Matter?
- Maroje Lang, Silvio Basač, Željka Štaudinger and Davor Kunovac: Modelling of Currency outside Banks in Croatia
- Igeta Vrbanc - Estimate of Potential Gross Domestic Product Using the Production Function Method
- Tomislav Galac, Ilija Zovko, Danijela Mladinović, Ante Burić and Ivan Huljak: Modeling Foreign Exchange Market in Croatia
PANEL DISCUSSION
- Klaus Masuch: The ECB's Monetary Policy and Macroeconomic Stability Since 1999
- Carlo Cottarelli: Eurozone After Eight Years: Lessons for the Newcomers
- Dr. Jürgen Kröger: Current Challenges with EMU Economic Differences, Euro Area Enlargement and the Revised Stability and Growth Pact
LUNCHEON SPEECH