June 23 − June 26, 2010
Dubrovnik, Croatia
Dubrovnik, Croatia
SCIENTIFIC COMMITTEE
- Dr Željko Rohatinski, Governor of the Croatian National Bank, Chairman of the Committee
- Dr Boris Vujčić, Assistant Professor, Deputy Governor of the Croatian National Bank, Deputy Chairman of the Committee
- Dr Paul Wachtel, Professor, New York University, Leonard N. Stern School of Business, Member of the Committee
- Dr Randall K. Filer, Professor, Hunter College and The Graduate Center, CUNY, Member of the Committee
- Dr Oleh Havrylyshyn, Visiting Scholar, Toronto University, Member of the Committee
ORGANIZING COMMITTEE
- Tomislav Presečan, MSc, Vicegovernor of the Croatian National Bank, Chairman of the Committee
- Nina Srkalović, Head of the Office of the Governor, Deputy Chairwoman of the Committee
- Mirjana Šipić, Advisor at the Accounting Department, Member of the Committee
- Vanja Orešković, Associate in the Office of the Governor, Secretary of the Committee
SELECTION COMMITTEE FOR YOUNG ECONOMIST'S SEMINAR
- Dr Randall K. Filer, Professor, Hunter College and The Graduate Center, CUNY, Chairman of the Committee
- Dr Oleh Havrylyshyn, Visiting Scholar, Toronto University, Member of the Committee
- Dr Paul Wachtel, Professor, New York University Leonard N. Stern School of Business, Member of the Committee
LIST OF PARTICIPANTS
(participation by invitation only)
PANEL DISCUSSION - CHALLENGES OF THE CRISIS AND ADJUSTMENT NEEDS IN THE EURO AREA
Participants:
- Boris Vujčić, Croatian National Bank
- Juergen Kroeger, European Commission
- Athanasios Vamvakidis, International Monetary Fund
PRESENTATION - Erik F. Nielsen, Goldman Sachs
- Thomas F. Cooley, New York University
PAPERS DEC
Session I - ECONOMIES OF EASTERN EUROPE
- Martin Brown, Steven Ongena, Alexsander Popov and Pinar Yesin: Who Needs Credit and Who Gets Credit in Eastern Europa?
PRESENTATION
COMMENTS by Evan Kraft - Thorvaldur Gylfason and Eduard Hochreiter: Growing Together: Croatia and Latvia
DISCUSSION by Zuzana Murgasova
Session II - GROWTH AND INSTITUTIONS
- J. David Brown and John S. Earle: Firm-Level Growth Effects of Small Loan Programs: Estimates Using Universal Panel Data from Romania
PRESENTATION - Stjin Claessens, Kenichi Ueda and Yishay Yafeh: Investment and Institutions
PRESENTATION
COMMENTS by Ivo Krznar
Session III - ISSUES IN REGULATION
- Thorsten Beck, Radomir Todorov and Wolf Wagner: Bank Supervision Going Global? A Cost-Benefit Analysis
PRESENTATION
COMMENTS by Neven Mates - Gian Luca Clementi and Thomas F. Cooley: Executive Compensation: Facts
PRESENTATION - DISCUSSION by Athanasios Vamvakidis
Session IV - CROSS BORDER ISSUES
- Sabine Herrmann and Dubravko Mihaljek: The determinants of cross-border bank flows to emerging markets: new empirical evidence on the spread of financial crises
PRESENTATION
DISCUSSION by David Vavra - Hein Bogaard and Jan Svejnar: "HRM Polices and Performance: Insider Econometrics in a Multi-Unit Firm"
PRESENTATION
Incentives in a (Czech?) Bank
Session V - MONETARY POLICY AND STABILITY
- Moritz Schularick and Alan M. Taylor: Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008
PRESENTATION - Emanuel Barnea, Yoram Landskroner and Meir Sokoler: Monetary Policy and Financial Stability, Is There a Conflict?
PRESENTATION
DISCUSSION by Paul Wachtel
Session VI - FINANCIAL STABILITY ISSUES
- Ricardo V. Lago: Peru's Resilience Through the 2008-09 Crisis: Lessons for Developing Countries
PRESENTATION
COMMENTS by Oleh Havrylyshyn - Ivana Herceg and Vedran Šošić: The Anatomy of Household Debt Build Up: What Are the Implications for the Financial Stability in Croatia?
PRESENTATION
DISCUSSION by Bostjan Jazbec
PAPERS YES
Session I
Chairman: Randall K. Filer
- Mirna Dumičić and Tomislav Ridzak: Determinants of Sovereign Risk Premiums for European Emerging Markets (From Saints to Sinners?)
PREZENTATION
Discussion by Paul Wachtel
Comments by Kenichi Ueda - Dario Rukelj and Barbara Ulloa: Incorporating Uncertainties into Economic Forecasts: an Application to Forecasting Economic Activity in Croatia
PRESENTATION
Comments by Saša Žiković
Session II
Chairman: Paul Wachtel
- Saša Drezgić: Measuring Factor Contributions to Growth: A Novel Expenditure-Based Sectoral PPP Approach
PRESENTATION
PRESENTATION
PRESENTATION - Gorana Lukinić Čardić: Exports and productivity link in manufacturing: Microeconomic evidence from Croatia
PRESENTATION
Comments by John Earle
Comments by Oleh Havrylyshyn
Session III
Chairman: Oleh Havrylyshyn
- Marina Tkalec and Maruška Vizek: Should the CNB Devaluate the Exchange Rate? Evidence from Purchasing Power Parity
PRESENTATION
Comments by Kenichi Ueda - Nora Srzentić: Croatian banks' exposure to the real estate risk: A market based approach
PRESENTATION