The 22nd Conference on Research on Economic Theory and Econometrics
Conference on Research on Economic Theory and Econometrics
CRETE is an annual conference covering various areas of economic theory and econometrics. The program includes lectures in selected areas by senior invited faculty, as well as paper presentations by advanced PhD students and more junior faculty. The first meeting took place in 2002 and the series has since been successfully continued each summer for the past 21 years.
The 22nd Conference on Research on Economic Theory and Econometrics will be held at Milos, from Wednesday July 10 through Sunday July 14, 2024.
The program includes talks by Simon Anderson (Univ. of Virginia), John Geanakoplos (Yale), Loukas Karabarbounis (Univ. of Minnesota), Stelios Michalopoulos (Brown Univ.), Eugenio Miravete (Univ. of Texas at Austin), Amedeo Odoni (MIT), Elias Papaioannou (LBS), Torsten Persson (Stockholm Univ.), Christopher Pissarides (Univ. of Cyprus and LSE, 2010 Nobel Prize), Sergio Rebelo (Northwestern Univ., Kellogg School of Management), Regis Renault (CY Cergy Paris University), Patrick Rey (Toulouse School of Economics), Enrico Spolaore (Tufts) and Michael Wolf (Univ. of Zurich) among many other distinguished presenters.
The financial support of our sponsors is gratefully acknowledged, as well as the hospitality of the Milos Conference Center - George Eliopoulos. The meeting is organized with the support of the Economics Department of the Athens University of Economics and Business and of the Foundation for Economic & Industrial Research (IOBE).
Costas Azariadis Washington University, St. Louis
Harris Dellas Univ. of Surrey and Karl Brunner Institute
Yannis Ioannides Tufts University
Emmanuel Petrakis University of Crete and Univ. Carlos III de Madrid
Dimitri Vayanos London School of Economics
Nikos Vettas Αthens University of Economics and Business and Foundation for Economic & Industrial Research (IOBE)
Click here to download the conference program in pdf format.
12:45 – 13:30 Registration and welcome
13:30 – 16:00
Parallel Session A: Financial Economics Chair: Nikolas Topalolou (AUEB-DIEES)
Emile Marin (UC Davis) “Low risk sharing with many assets” [with Sanjay Singh (UC Davis)] - [Slides]
Nektarios Aslanidis (Univ. Rovira i Virgili) “Near-money in history: Cryptocurrencies versus bills of exchange” [with Pilar Nogues-Marco (Univ. of Geneva)] - [Slides]
Dimitris Margaritis (Univ. of Auckland) “Are big banks too-big-to-fail? An investigation into the size premium and scale economies for European banks” [with Maryam Hasannasab (Univ. of Auckland) and Maria Psillaki (Univ. of Piraeus)] - [Slides]
Georgios Panos (Aristotle Univ. of Thessaloniki and Univ. of Glasgow) “Defined-contribution plans and retirement-financing behaviour in the United Kingdom” [with Ioannis Petrakis (Northumbria Univ.)] - [Slides]
Spyridon Lagaras (Univ. of Illinois Urbana-Champaign) “Entrepreneurship and the gig economy: Evidence from U.S. tax returns” [with Matthew Denes (CMU) and Margarita Tsoutsoura (WUSTL)] - [Slides]
Parallel Session B: Industrial Organization Chair: Ioannis Pinopoulos (AUEB-BA)
Christos Constantatos (Univ. of Macedonia) “Patents v. open source: What is the socially optimal way to secure IP payments when the innovation’s success is uncertain?” [with Ioannis Pinopoulos (AUEB-BA)] - [Slides]
Anastasia Leontiou (Univ. of Vienna) “Loss-leading in vertical markets: The role of consumers’ loss aversion” [with Fabio Antoniou (AUEB-Econ)] - [Slides]
Panagiotis Fotis (Hellenic Competition Commission) “On the effectiveness of Recidivism on Total Factor Productivity: Evidence from anti-cartel enforcement in the US” [with Michael Polemis (Univ. of Pireaus)] - [Slides]
Anastasios Dosis (ESSEC Business School, Paris) “Screening and the welfare trade-offs of privacy” [with Casey Rothschild (Wellesley College)] - [Slides]
Eirini Thomaidou (Sussex Univ.) “Partial equilibrium modelling with heterogeneous firms: A framework for UK trade policy” [with Michael Gasiorek (Univ. of Sussex) and Alasdair Smith (Univ. of Sussex)] - [Slides]
16:00 – 16:30 Coffee break
16:30 – 18:30
Parallel Session A: Environment and climate Chair: Eleni Kyrkopoulou (ICL, Yale Univ. and Univ. of Piraeus)
Eftichios Sartzetakis (Univ. of Macedonia) “Strategic implications of consumer and corporate environmental preferences” [with Lukas Esser (Goethe Univ. Frankfurt) and Roman Inderst (Goethe Univ. Frankfurt)] - [Slides]
Konstantinos Papadopoulos (Aristotle Univ. of Thessaloniki) “Green collusion, sustainability and welfare” [with Dimitri Paolini (Univ. of Sassari) and Rafailia Kelepiri (Aristotle Univ.)] - [Slides]
Apostolos Davillas (Univ. of Macedonia) “Socioeconomic inequality in low-carbon technology adoption” [with Andrew Burlinson (Univ. of Sheffield) and Monica Giulietti (Univ. of Nottingham)] - [Slides]
Effrosyni Diamantoudi (Concordia Univ.) “Designing international environmental agreements immune to deviations” [with Fadi Harb (Concordia Univ.) and Eftichios Sartzetakis (Univ. of Macedonia)] - [Slides]
Parallel Session B: Econometrics and applications Chair: Nikolaos Artavanis (Virginia Tech.)
Andros Kourtellos (Univ. of Cyprus) “Model uncertainty and measures of inequality of opportunity” [with G. Bernard (Univ. of Naples - Federico II) and Chih Ming Tan (Univ. of North Dakota)] - [Slides]
Menelaos Karanasos (Brunel Univ.) “Determinants over a matrix ring and a unified theory for multivariate ARMA models with variable coefficient matrices” [with Alexandros Paraskevopoulos (Univ. of Piraeus)] - [Slides]
Veni Arakelian (Hellenic Ministry of Finance) “Bayesian estimation of high-dimensional covariance matrices of Gaussian data” [with Apostolos Chalkis (Quantagonia) and Elias Tsigaridas (Inria Paris)] - [Slides]
Miguel Herculano (University of Nottingham) “Dynamic CoVaR” [with Jorge Pinheiro (Bank of England) and Yannis Tsafos (Univ. of Glasgow)] - [Slides]
9:00 – 9:15 Registration and welcome
9:15 – 11:10 Emmanuel Drandakis Lectures: on Covid and implications Chair: Yannis Ioannides (Tufts)
Loukas Karabarbounis (Univ. of Minnesota) “The puzzling behavior of spreads during covid” [with Stelios Fourakis (Johns Hopkins Univ.)] - [Slides]
Torsten Persson (Stockholm Univ.) “A research program on COVID-19 - Examples of ongoing research” - [Slides]
11:10 – 11:30 Coffee break
11:30 – 13:30
Parallel Session A: Culture and decisions Chair: Vally Koubi (Univ. of Bern)
Sotiris Georganas (City Univ. of London) “Accidents, disasters and crises: The effect on citizen perceptions and preferences” [with Phoebe Koundouri (AUEB-DIEES) and Alina Velias (LSE and AUEB-DIEES)] - [Slides]
Rigissa Megalokonomou (Monash Univ., Melbourne) “Your sins are not forgiven: Religious judges in supreme court cases” [with Evangelos Dioikitopoulos (AUEB-Econ)] - [Slides]
Christos Genakos (Cambridge) “Cultural exception? The impact of price regulation on prices and variety in the market for books” [with Mario Pagliero, Lorien Sabatino (Polytechnic Univ. of Turin) and Tommaso Valletti (Imperial College London)] - [Slides]
Enrico Spolaore (Tufts) “Cultural remittances and modern fertility” [with Mickael Melki (Paris School of Business), Hillel Rapoport (Paris School of Economics) and Romain Wacziarg (UCLA and NBER)] - [Slides]
Parallel Session B: Macroeconomics and applications Chair: Zacharias Bragoudakis (Bank of Greece)
Anastasios Karantounias (Univ. of Surrey) “Optimal climate policy in a global economy” - [Slides]
Vanghelis Vassilatos (AUEB-Econ) “A model of Insiders-Outsiders capitalism: Stylized facts and empirical assessment of the Insider-Outsider society structure” [with Claire Economidou (Univ. of Piraeus), Dimitris Karamanis (Bank of Greece), Tryphon Kollintzas (AUEB-Econ) and George Tsomidis (AUEB-Econ)] - [Slides]
Georgios Liontos (Lancaster Univ.) “The macroeconomics of skills mismatch in times of emigration” [with Konstantinos Mavrigiannakis (Univ. of Cyprus) and Eugenia Vella (AUEB-DIEES)] - [Slides]
Sotiris Kampanelis (Cardiff Business School) “Pre-colonial institutions, ethnic homelands and economic development in Latin America” [with Aldo Elizalde (Queen’s University Belfast)] - [Slides]
13:30 – 14:30 Lunch break
14:30 – 15:30 Michael Magdalinos Lecture Chair: Harris Dellas (Univ. of Surrey and Karl Brunner Institute)
Sergio Rebelo (Northwestern Univ., Kellogg School of Management) “Behavioral sticky prices” [with Miguel Santana (Northwestern Univ.) and Pedro Teles (Banco de Portugal and Catolica Lisbon SBE)] - [Slides]
15:30 – 17:30
Parallel Session A: Finance Chair: Dimitrios Bakas (Nottingham Trent Univ. and RCEA)
Panagiotis Avramidis (ALBA) “The effects of an aging population on the structure of bank assets and liabilities” [with George Pennacchi (Univ. of Illinois)] - [Slides]
Stelios Giannoulakis (AUEB-Econ and HPBO) “The effectiveness of borrower-based macroprudential policies: A cross-country analysis using an integrated micro-macro simulation model” [with Marco Forletta (ECB), Marco Gross (IMF) and Eugen Tereanu (ECB)] - [Slides]
Ilias Tsiakas (Univ. of Guelph) “The disconnect between market capital gains and the dividend yield in asset pricing” [with Michael Di Carlo (Toronto-Dominion Bank), Jordi Mondria (Univ. of Toronto) and Ilias Tsiakas (Univ. of Guelph)] - [Slides]
Aristotelis Margaris (Univ. of Padova) “Dancing with the R-star: Information shocks and the investment channel” [with Efrem Castelnuovo (Univ. of Padova) and Giulia Martorana (ECB)] - [Slides]
Parallel Session B: Labor economics Chair: Anna Hardman (Tufts)
Argyris Sakalis (Univ. of Birmingham) “Do remote workers deter neighborhood crime? Evidence from the rise of working from home” [with Jesse Matheson (Univ. of Sheffield), James Rockey (Birmingham Business School) and Brendon McConnell (City, Univ. of London)] - [Slides]
Theodossios Drossidis (Brunel Univ.) “The time-varying effect of monetary policy on income inequality: Insights from a TVP-VARX estimation” - [Slides]
Filippos Beteniotis (AUEB-DIEES) “The impact of employment protection on income inequality” [with Dimitrios Christopoulos (AUEB-DIEES)] - [Slides]
Andreas Kakolyris (Kean Univ.) “On the measurement of intergenerational mobility in Germany and the United States” [with Ian Haberman (City Univ. of New York) and Christos Giannikos (City Univ. of New York)] - [Slides]
Vaios Triantafyllou (Cornell Univ) “Lost in the green transition: Foregone earnings for workers during the coal plant phase-out in Germany” - [Slides]
Parallel Session C: Firms and investments Chair: Evgenia Passari (Université Paris-Dauphine)
Alexandros Loukas (Washington Univ., St. Louis) “More is less? Risk aversion and the suboptimality of entrepreneurial insurance” [with Neville N. Jiang (Univ. of Massachusetts Lowell), Ping Wang (Washington Univ. in St. Louis and NBER), Haibin Wu (City Univ. of Hong Kong)] - [Slides]
Evangelos Charalambakis (Bank of Greece) “Do firms follow dividend smoothing and pecking order when they alter their capital structure?” - [Slides]
Ilias Boultzis (AUEB-Econ) “Debt and growth: Friends or foes? A political economy approach” - [Slides]
Alina Velias (AUEB-DIEES) “A Study on Ambiguity Preferences” [with Phoebe Koundouri (AUEB-DIEES), Nikittas Pittis (Univ. of Piraeus), Sotiris Georganas (City Univ. of London), Panagiotis Samartzis (Univ. of Macedonia) and Lazaros-Antonios Chatzilazarou (City Univ. of London)] - [Slides]
9:00 – 11:00
Parallel Session A: Corporate Finance Chair: Christos Cabolis (IMD)
Dimitris Petmezas (Durham Univ.) “The role of public relations advisors in mergers and acquisitions” [with Zhiwei Hao (Durham Univ.), Henri Servaes (LBS) and Huizhong Zhang (Durham Univ.)] - [Slides]
Manthos Delis (Audencia Business School and Univ. of Ioannina) “Global evidence on profit shifting within firms and across time” [with Luc Laeven (ECB) and Steven Ongena (Univ. of Zurich)] - [Slides]
Olga Pavlopoulou (AUEB-Finance) “The informativeness of accounting policy changes: European evidence” [with Georgia Siougle (AUEB-Finance)] - [Slides]
Sofia Anyfantaki (Bank of Greece) “Financial literacy and advice: Substitutes or complements” [with Panayiotis C. Andreou (Cyprus Univ. of Technology), Demetris Koursaros (Cyprus Univ. of Technology) and Alessandro Previtero (Indiana Univ.)] - [Slides]
Parallel Session B: Econometrics Chair: Petros Dellaportas (UCL and AUEB-Statistics)
Tassos Magdalinos (Univ. of Southampton) “OLS limit theory for drifting sequences of parameters on the explosive side of unity” [with Katerina Petrova (Univ. Pompeu Fabra)] - [Slides]
Katerina Petrova (Univ. Pompeu Fabra) “Inference with local projections” - [Slides]
Vassilis Hajivassiliou (LSE) “Switching regressions and selectivity models with imperfect regime classification information: Theory and applications” - [Slides]
Michael Wolf (Univ. of Zurich) “The hedged random forest” [with Elliot Beck (Univ. of Zurich)] - [Slides]
Parallel Session C: Financing decisions and implications Chair: Eva Chalioti (Yale)
Melina Papoutsi (ECB) “The rise of market financing in Europe: Evidence from new and small issuers” [with Olivier Darmouni (Columbia Business School)] - [Slides]
Eugenia Vella (AUEB-DIEES) “Fiscal tightening and skills mismatch” [with Konstantinos Mavrigiannakis (Univ. of Cyprus) and Andreas Vasilatos (AUEB-DIEES)] - [Slides]
Georgios Koimisis (Manhattan College) “Inequality and finance: The role of economic literacy” - [Slides]
Olivia Tsoutsoplidi (Sciences Po Paris) “Campaign finance quotas and descriptive representation: Evidence from Brazil 2002-2022” [with Julia Cagé (Sciences Po Paris) and Felipe Lauritzen (Sciences Po Paris)] - [Slides]
11:00 – 11:30 Coffee break
11:30 – 13:30 Lectures on industrial economics Chair: Amedeo Odoni (MIT)
Simon Anderson (Univ. of Virginia) “App platform model” [with Özlem Bedre-Defolie (ESMT Berlin)] - [Slides]
Patrick Rey (Toulouse School of Economics) “Conglomerate mergers” [with Zhijun Chen (Monash Univ.)] - [Slides]
Eugenio Miravete (Univ. of Texas at Austin) “On anticompetitive third-degree price discrimination” - [Slides]
13:30 – 14:30 Lunch break
14:30 – 15:30 Trends and prospects in the global economy Chair: Costas Azariadis (Washington Univ., St. Louis)
John Geanakoplos (Yale) “Money and Inflation” - [Slides]
Christopher Pissarides (Univ. of Cyprus and LSE, 2010 Nobel Prize) “Skills and Wellbeing in the Age of Automation” - [Slides]
16:00 – 16:15 Coffee break
16:15 – 17:45
Parallel Session A: Industrial Organization Chair: Georges Siotis (Carlos III-Madrid)
Emmanuel Petrakis (Univ. of Crete and Univ. Carlos III de Madrid) “Cross-ownership in duopoly: Are there any incentives to divest?” [with Rupayan Pal (Indira Gandhi Institute of Development Research)] - [Slides]
Georgia Kosmopoulou (Univ. of Oklahoma) “Networks, platforms, and auction pricing: Evidence from the NFT art market” [with Kasra Khademorezaian (Univ. of Oklahoma) and Carlos Lamarche (Univ. of Kentucky)] - [Slides]
Konstantinos Serfes (Drexel Univ.) “On the level and incidence of interchange fees charged by competing payment networks” [with Robert Hunt (Drexel Univ.) and Yin Zhang (Drexel Univ.)] - [Slides]
Parallel Session B: Macroeconomics and finance Chair: Harris Dellas (Univ. of Surrey and Karl Brunner Institute)
Pedro Teles (Banco de Portugal and Catolica Lisbon SBE) “Regulating Artificial Intelligence” [with Joao Guerreiro (Univ. of California and NBER) and Sergio Rebelo (Northwestern Univ.)] - [Slides]
Rigas Oikonomou (Univ. Catholique de Louvain) “Optimal monetary policy with and without debt” [with Boris Chafwehe (European Commission, JRC), Romanos Priftis (ECB) and Lukas Vogel (ECFIN)] - [Slides]
Spyros Skouras (AUEB-DIEES) “Greek stock market performance since 1880” - [Slides]
9:00 –10:40 Lectures on labor and migration Chair: Gikas Hardouvelis (Univ. of Piraeus and National Bank of Greece)
Rachel Ngai (LSE) “Gendered change: 150 years of transformation in US hours” [with Claudia Olivetti (Dartmouth College) and Barbara Petrongolo (Oxford Univ.)] - [Slides]
Elias Papaioannou (LBS) “Refugees of the mediterranean” [with Nikos Benos (Univ. of Ioannina), Stelios Karagiannis (EU), Stelios Michalopoulos (Brown Univ.), Ellie Murad (Alicante) and Seyhun Orcan Sakalli (King’s college)] - [Slides]
Stelios Michalopoulos (Brown Univ.) “Movies” [with Chris Rauh (Univ. of Cambridge)] - [Slides]
10:40 – 11:00 Coffee break
11:00 –12:30
Parallel Session A: Prices, inflation and firms Chair: Evangelos Dioikitopoulos (AUEB-Econ)
Dimitris Georgarakos (ECB) “Tell me something I don't already know: Learning in low and high-inflation settings” [with M. Weber (U. of Chicago), B. Candia (UC Berkeley), H. Afrouzi (Columbia), T. Ropele (Bank of Italy), R. Lluberas (Univ. ORT), S. Frache (U. de Montevideo), B. Meyer (FRBank of Atlanta), S. Kumar (Auckland U. of Technology), Y. Gorodnichenko (UC Berkeley), O. Coibion (UT Austin), G. Kenny (ECB) and J. Ponce (Central Bank of Uruguay)] - [Slides]
Theodora Kosma (Bank of Greece) “The pricing strategy of multiproduct firms: Are Alvarez and Lippi right?” [with Huw Dixon (Cardiff Business School) and Pavlos Petroulas (Bank of Greece)] - [Slides]
George Skiadopoulos (Queen Mary Univ. of London and Univ. of Piraeus) “Climate-triggered institutional price pressure: Does it affect firms’ cost of equity?” [with Cheng Xue (Queen Mary Univ. of London)] - [Slides]
Parallel Session B: Economic theory Chair: Ludovic Renou (Queen Mary Univ. of London)
Hector Tzavellas (Virginia Tech) “Network disruption under incomplete information” [with Christophe Bravard (Univ. Grenoble Alpes), P. Chaudhuri (??), and S.Sarangi (Virginia Tech)] - [Slides]
Zacharias Maniadis (Univ. of Cyprus and Univ. of Southampton) “Optimal culpability in research teams” [with Erika Domotor (Univ. of Cyprus) and Nikolas Tsakas (Univ. of Cyprus)] - [Slides]
Spyros Galanis (Durham Univ.) “Information aggregation with costly information acquisition” [with Sergei Mikhalishchev (Durham Univ.)] - [Slides]
12:30 – 12:45 Coffee break
12:45 –14:00 History Lectures Chair: Nikos Vettas (AUEB-Econ and IOBE)
Marie-Pierre Rey (Université Paris 1 Panthéon-Sorbonne) “The invention of gastronomy: the life and work of Antonin Carême, the first celebrity chef” - [Slides]
Maria Georgopoulou (American School of Classical Studies at Athens) “Venus of Milo and the archives of the French consul of the island of Milos in the 19th century” - [Slides]
14:00 – 15:00 Lunch break
15:00 –17:00
Parallel Session A: Trends and policy in the Greek economy Chair: Panagiotis Barkas (LSE and ELIAMEP)
Ioannis Laliotis (Univ. of Patras and City Univ. of London) “Dictatorship and education: Unraveling the effects of reducing compulsory schooling years in Greece” [with Nicholas Giannakopoulos (Univ. of Patras)] - [Slides]
Manos Matsaganis (Politecnico di Milano) “How Greece became more equal - Explaining recent changes in income inequality” [with Chrysa Leventi (European Commission, JRC) and Maria Flevotomou (Bank of Greece)] - [Slides]
Georgios Gatopoulos (IOBE and ACG) “Benefits for the Greek economy from resolving red loans and zombie firms” [with Alexandros Louka (IOBE), Kostas Peppas (Eurobank, Research) and Nikos Vettas (AUEB-Econ and IOBE)] - [Slides]
Panayiotis Nicolaides (Paris School of Economics) “Consumption taxes and corporate income taxes: Evidence from place-based VAT” [with Jules Ducept (Center for Economics at Paris-Saclay) and Evangelos Koumanakos (Hellenic Open University)]" - [Slides]
Parallel Session B: Industrial Organization theory Chair: Sofronis Clerides (Univ. of Cyprus)
Regis Renault (CY Cergy Paris University) “Sources of consumer information” [with Frederic Koessler (HEC)] - [Slides]
Konstantinos Valaskas (AUEB-Econ and IOBE) “Location choices in duopoly with inventories and dynamic pricing” [with Nikos Vettas (AUEB-Econ)] - [Slides]
Frago Kourandi (Univ. of Athens) “Versioning by outsourcing” [with Romain Lestage (East China Univ.)] - [Slides]
Panagiotis Skartados (AUEB - Econ) “Right to inspect revised” [with Konstantinos Charistos (Univ. of Ioannina) and Ioannis Pinopoulos (AUEB-BA)] - [Slides]
Parallel Session C: Applied microeconomics Chair: Claire Economidou (Univ. of Piraeus)
Dimitris Christelis (Univ. of Glasgow) “Does college selectivity reduce obesity? A partial identification approach” [with Giorgio Brunello (Univ. of Padova), Anna Sanz-de-Galdeano (Univ. of Alicante), and Anastasia Terskaya (Univ. de Barcelona)] - [Slides]
Nikos Ziros (Univ. of Cyprus) “Loan guarantees in a democracy” [with Stylianos Papageorgiou (Univ. of Cyprus)] - [Slides]
Christos Angelopoulos (City Univ. Of New York) “The effect of financial derivatives on wealth inequality” [with Christos Giannikos (City Univ. of New York)] - [Slides]
Dimitrios Minos (King's College London) “Discrimination in hiring decisions and blind hiring” [with Philippos Louis (Univ. of Cyprus) and Dimitrios Xefteris (Univ. of Cyprus)] - [Slides]
9:00 – 11:00
Parallel Session A: Econometrics and empirical applications Chair: George Georgopoulos (Univ. of Toronto)
George Michailidis (Univ. of Florida) “Bayesian methodology for adaptive sparsity and shrinkage in regression” [with Ziqian Yang (Univ. of Florida) and Kshitij Khare (Univ. of Florida)] - [Slides]
Alecos Papadopoulos (AUEB-Econ) “Estimating the Insiders-Outsiders Society (IOS): Empirical results from seven European countries” [with Dimakopoulou Vassiliki (AUEB-Econ), Kollintzas Tryphon (AUEB-Econ) and Vassilatos Vanghelis (AUEB-Econ)] - [Slides]
Philip Schnattinger (Bank of England) “Credit market tightness and the share of zombie firms: Theory and evidence from Japan” [with Masashige Hamano (Waseda Univ.), Mototsugu Shintani (Univ. of Tokyo), Iichiro Uesugi (Hitotsubashi Univ.) and Francesco Zanetti (Univ. of Oxford)] - [Slides]
Fotis Kalantzis (European Investment Bank) “Navigating efficiency, productivity, and profits: A deep dive into firms’ energy use in the EU and the US” [with Anastasia Bruni (Univ. of Milan-Bicocca), Matteo Manera (Univ. of Milan-Bicocca) and Debora Revoltella (European Investment Bank)] - [Slides]
Parallel Session B: Public economics, licensing, and taxation Chair: Vassilis Sarantides (AUEB-Econ)
Christos Kotsogiannis (Univ. of Exeter) “Principles for pareto efficient border carbon adjustment” [with Michael Keen (Univ. of Tokyo)] - [Slides]
Katerina-Chara Papioti (Univ. Pompeu Fabra) “Tax me if you can: Philanthropy, tax incentives and inefficiency” [with Agustin Casas (CUNEF, Madrid)] - [Slides]
Pantelis Analytis (Univ. of Southern Denmark) “Ranking-based social influence produces lock-in” [with Alexandros Gelastopoulos (Univ. of Southern Denmark), Gael Le Mens (Univ. Pompeu Fabra) and Arnout van de Rijt (EUI)] - [Slides]
Giorgos Stamatopoulos (Univ. of Crete) “Optimal licensing in general equilibrium” - [Slides]
11:00 – 11:15 Coffee break
11:15 –12:15 Macroeconomics Lecture Chair: Elias Papaioannou (LBS)
Hélène Rey (LBS) “Elephants in equity and currency markets” [with Adrien Rousset Planat (LBS), Vania Stavrakeva (LBS) and Jenny Tang (Federal Reserve Bank of Boston)] - [Slides]
12:15 – 14:15
Parallel Session A: Macro and fiscal Chair: Kristis Hassapis (Univ. of Cyprus)
Nikos Fatouros (Univ. of Birmingham) “Monetary policy under natural disaster shocks” [with Alessandro Cantelmo (Bank of Italy), Giovanni Melina (IMF) and Chris Papageorgiou (IMF)] - [Slides]
Leo Michelis (Ryerson Univ.) “Returns to housing with financial frictions” [with Hari Pokhrel (Toronto Metropolitan Univ.)] - [Slides]
Katerina Karadimitropoulou (Univ. of Piraeus) “Does monetary policy transparency aid technological knowledge?” [with Alexandros Bechlioulis (Univ. of Ioannina), Evangelos Dioikitopoulos (AUEB-Econ) and Claire Economidou (Univ. of Piraeus)] - [Slides]
Orestis Kopsacheilis (Technical Univ. of Munich) “Conditional cooperation under uncertainty: The social description-experience gap” [with Dennie van Dolder (Univ. of Essex) and Ozan Isler (Queensland Univ. of Technology)] - [Slides]
Parallel Session B: Finance Chair: Serafeim Tsoukas (Univ. of Glasgow)
Seraina Anagnostopoulou (Univ. of Piraeus) “Comparable financial statements between M&A deal counterparts: Do they associate with deal success?” [with Andrianos Tsekrekos (AUEB-Finance)] - [Slides]
Michail Anthropelos (Univ. of Piraeus) “Strategic informed trading and the value of private information” [with Scott Robertson (Boston Univ.)] - [Slides]
Nikos Paltalidis (Durham Univ.) “Lending driven crowding-out of bank deposits” [with Kostas Koufopoulos (Univ. of York) and Tian Wu (Durham Univ.)] - [Slides]
Maria Iosifidi (Montpellier Business School) “Creditor rights and bank lending: The role of country size” [with Manthos Delis (Audencia Business School) and Iftekhar Hasan (Fordham Univ.)] - [Slides]
Parallel Session C: Firms and markets Chair: Elias Demian (AUEB-Econ and IOBE)
Thanos Dimas (Hellenic Competition Commission) “Differential price pass-through between downstream markets after common upstream price changes” - [Slides]
Theodore Tsekeris (KEPE) “Productivity of the EU metropolitan regions: Trends, spatial analysis and convergence” - [Slides]
Konstantinos Zachariadis (Queen Mary Univ. of London) “Persuading large investors” [with Ricardo Alonso (LSE)] - [Slides]
Panagiotis Kyriazis (Northwestern Univ.) “Information intermediaries in monopolistic screening” [with Edmund Lou (Northwestern Univ.)] - [Slides]
14:15 – 15:15 End of the conference
Milos is the fifth largest island in the Cyclades and the southwestern-most island of the group. Relics of the island's long history, which stretches back to 8,000 B.C., are scattered across Milos, most notable among them being the prehistoric settlement at Filakopi, near Pollonia, the Hellenistic theater and the remains of the classical city at Klima, northwest of Adamas, and the catacombs near Plaka. Milos is famous for the statue of Aphrodite found on the island, the "Venus de Milo", now in the Louvre, a Hellenistic masterpiece that became an icon of the classical standard for female beauty. With its more than 75 beaches and crystal blue waters, its unique volcanic landscape and its traditional Cycladic old town and scenic villages, Milos is one of the most popular summer destinations in the Aegean. More about Milos at milos.gr.
You can reach Milos from Athens by boat, from the port of Piraeus (a three-hour trip), or you can fly to the island from Athens, or from Thessaloniki. You can also reach Milos from Santorini by boat (a two-hour trip). In July there are direct flights from many European cities to Santorini.
The conference will take place at the Milos Conference Center - George Eliopoulos. The Milos Conference Center is housed in a restored old kaolin processing plant, built in 1925, overlooking the gulf of Milos. It is an excellent sample of its period’s industrial architecture. It was abandoned and derelict for many years, falling apart before becoming the property of ORYMIL S.A., a company founded by the late Mrs. Kitty Kyriacopoulos. The ruin was fully restored with high aesthetical standards and respect to its original architecture.
For further details please contact the organizing committee at crete2024@aueb.gr.
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