INFER Workshop on Heterodox Economics

Faculty of Economics, University of Coimbra, Portugal
17-18 April, 2015

 

Faculty of Economics at the University of Coimbra

 
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INFER workshop on Heterodox Economics

Workshop Program

 

 

Friday 17th of April,2015

 8:30-9:30 Registration

9:30 -10:00 Welcoming

10:00 -11:00 Plenary Session (Keynes Room)

Keynote speaker: Prof. Peter Skott (University of Massachusetts, Amherst, USA)

“Heterodox Macro and the Question of Microeconomic Foundations”

11:00 - 11:30 Coffee Break (Bar floor 3)

11:30 - 13:00 Session 1A (Keynes Room)

             Growth Economics (chair Alberto Botta)

 

1.      Alberto Botta: The Macroeconomics of a Financial Dutch Disease

Discussant: author of paper 2

 

2.      Carlos Garcimartin and Luis Rivas: Business cycles in a balance of payments constrained growth framework

Discussant: author of paper 3

 

3.      Daniele Girardi and Ricardo Pariboni: Autonomous Demand and Economic Growth: some empirical evidence

Discussant: author of paper 1  

 

 11:30 – 13:00 Session 1B (Room 3.2)

             Financialisation and fiscal consolidation (chair Ana Santos)

 

1.      Luca Agnello, Vitor Castro, João Jalles and Ricardo Sousa: The hidden face of fiscal consolidation: human development is hurt

Discussant: author of paper 2 

 

2.      Ricardo Barradas and Sérgio Lagoa: Financialisation and the Portuguese real Investment. A supportive or a disruptive relationship

Discussant: author of paper 3 

 

3.      João Rodrigues, Ana Santos and Nuno Teles: Semi-peripheral Financialisation: the case of Portugal

Discussant: author of paper 1 

 

13:00 - 14:00 Lunch (Bar floor 3)

 

14:00 - 15:30 Session 2A (Keynes Room)

            Growth Dynamics (chair Ricardo Araújo)

 

1.      Virmantas Kvedaras: Macroeconomic borrowing constraint and regime switches in exogenous growth dynamics.

Discussant: author of paper 3 

 

2.      Arslan Razmi: The limit to wage-led growth in a low income economy.

Discussant: author of paper 1 

 

3.      Ricardo Araújo and Carlos Drumond: Evolutionary dynamics in a two sector neo-Kaleckian model of growth and distribution  

Discussant: author of paper 2 

14:00 - 15:30 Session 2B (Room 3.2)

             Trade and Regional Economics (chair Laura Werner)

 

1.      Laura Werner: Hysteresis non-linearities in exports: evidence from European wine exports to the USA

Discussant: author of paper 2 

 

2.      Ildiko Virag Neumann and Peter Halmai: An analysis of EU enlargement with gravity model of trade

Discussant: author of paper 3 

 

3.      Luis Lopes and Carlos Carreira: Collecting new pieces to the regional knowledge spillovers puzzle: high-tech versus low-tech industries

Discussant: author of paper 1 

 

15:30 - 16:00 Coffee Break (Bar floor 3)

16:00 - 17:30 Session 3A (Keynes Room)

             Financial and Monetary Economics (chair Andreia Dionísio)

 

1.      Alberto Botta, Eugenio Caverzasi and Daniel Tori: Financial-real side interactions in the monetary circuit: Loving or Dangerous hugs?

Discussant: author of paper 2 

 

       2.      Dinis Santos and Elias Soukiazis: The links between the Companies`Market Price    

             Quality and that of its Management and Business Quality: A system panel data  

             approach.

             Discussant: author of paper 3 

 

 3.      Paulo Ferreira and Andreia Dionísio: Revisiting covered interest parity in the European    

       Union: the DCCA approach

 Discussant: author of paper 1 

16:00 - 17:30 Session 3B (room 3.2)

            Welfare Economics (chair Maria Pereira)

 

1.      João Sousa Andrade, Adelaide Duarte and Marta Simões: A growth enhancing welfare state? Comparing the impact of education and health expenditures across countries

Discussant: author of paper 2

 

2.      Maria da Conceição Pereira and Daniel Filipe Martins: Education and subjective wellbeing in Portugal: A study of mediating Effects

Discussant: author of paper 3

 

3.      Sara Ramos and Elias Soukiazis: The structure of subjective well-being and its determinants: A micro-data study for Portugal

Discussant: author of paper 1

 

18:00 - 19:00 Visit to the old University

19:30   Official Dinner (Centro Cultural D.Dinis) 

Saturday 18th of April, 2015

 

10:00 -11:00 Plenary Session (Keynes Room)

Keynote speaker Prof. Malcolm Sawyer (Leeds University Business School, UK)

“De-financialisation for a socially responsible financial sector”

11:00 - 11:30 Coffee Break

11:30 - 13:00 Session 4A (Keynes Room)

             Public Debt and Public Investment (chair Michael Ash)

 

1.      Michael Ash, Deepanker Basu and Arindajit Dube: Public Debt and Growth: Assessing key findings on causality and thresholds.

            Discussant: author of paper 2

 

2.      João Sousa Andrade and António Portugal: Crowding-in and Crowding-out effects of public investments in the Portuguese economy.

            Discussant: author of paper 3

 

3.      Ricardo Cabral, F. Louçã, E Pires and P. Santos: A sustainable program for the restructuring of Portuguese Debt

            Discussant: author of paper 1

11:30 - 13:00 Session 4B (room 3.1)

             Macroeconomic Modeling (chair Pedro Pratas e Sousa)

 

1.      Matthias Gocke and Jolita Matulaityte: Modeling economic hysteresis caused by sunk adjustment costs

Discussant: author of paper 2

 

2.     Pedro Pratas e Sousa: A simple stock-flow consistent model of the Portuguese Economy-preliminary results

 

3.     Vitor Castro and Rodrigo Martins: Political cycles and government expenditures: evidence from Portugal 

 

13:00 - 14:30 Lunch

14:30 - 16:00 Session 5A (Keynes Room)

            Finance and exchange rate (chair Cândida Ferreira)

 

1.      Cândida Ferreira: The relevance of the EU banking sector to economic growth and the recent financial crisis

            Discussant: author of paper 3

 

 2.    Nicolas Gomes, Pedro Cerqueira and Luis Almeida: Economic growth and software piracy.

Discussant: author of paper 3

 

 3.  Luis Lopes and Carlos Carreira: Productivity growth in the Portuguese manufacturing sector

Discussant: author of paper 2

 

4.      Fethi Ayachi and Refk Selmi: Forecasting Tunisian exchange rate volatility under crisis period: some evidence from multivariate GARCH model.     

            Discussant: author of paper 1

 14:30 - 16:00 Session 5B (room 3.1)

            Labour Economics (chair Helena Lopes)

 

1.     Ricardo Barradas and Sérgio Lagoa: The determinants of inequality on the Portuguese income distribution: the role of financialisation and other factors

Discussant: author of paper 2

 

 2.  Helena Lopes: The specificity of the employment relationship – Exploring the micro-foundations of the firm

Discussant: author of paper 3 

 

3.      Pedro Cerqueira, L. Nhung, M. Portela and S. Sousa: Business Cycle and the persistence on wage dynamics.

Discussant: author of paper 1 

16:00- 16:30 Coffee Break

16:30 - 17:30  Plenary Session (Keynes Room)

Keynote speaker: Prof. Louis-Philippe Rouchon (Laurentian University, Canada)

17:30-19:00 – Plenary Session (Keynes Room)

Round Table with the Keynote Speakers: “The future of Europe and the Eurozone”