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SUMMER WORKSHOP
Many young Hungarian economists have completed their PhDs at prestigious universities abroad. Few have become, however, an active member of the Hungarian scientific community. Institute of Economics of HAS organises the Summer workshop for bringing together young Hungarian researchers from all over the world.
We organize Summer Workshops annually since 2001. We invite final year PhD students and post-docs to present their new results. Topics cover all areas of economic research. Work in progress is also accepted for the workshop, if sufficient progress has been accomplished. Papers are presented either in English or in Hungarian; each presentation is commented by a discussant.
Program of the 2001-2022 Summer Workshops Organizer: Gábor KÅ‘rösi (IE)
|
| 18 August 2022, Thursday |
| Chair: Dániel Horn (IE) | |||
| 10:20 | - | 10:30 | Opening |
| 10:30 | - | 11:30 | Attila Gyetvai (Bank of Portugal) and M. Zhu: Coworker Networks and the Role of Occupations in Job Finding Discussant: Balázs Lengyel (IE) |
| 11:45 | - | 12:45 | Péter Vida (Cergy Paris Université) and A. Ispano: Designing Interrogations Discussant: Péter EsÅ‘ (Oxford) |
| Chair: Anna Adamecz (IE) | |||
| 14:30 | - | 15:30 | Barna Szabó (Universitat Pompeu Fabra) and J. Cenzon: Household Financial Decisions and Inflation Experiences in the Euro Area Discussant: Zsuzsa R. Huszár (Singapore) |
| 15:45 | - | 16:45 | Szabolcs Blazsek (Universidad Francisco Marroquín), A. Ayala and A. Escribano: Anticipating Extreme Losses Using Score-Driven Shape Filters Discussant: Róbert Lieli (CEU) |
| 17 | - | 18 | Zoltán Novotny-Farkas (Wirtschaftsuniversität Wien): Historical Cost vs. Fair Value Accounting: Impairment Choice and Trading Incentives Discussant: Dániel Havran (Corvinus) |
|
| 25 August 2021, Wednesday |
| 14 | - | 15 | Zsuzsa R. Huszár (Singapore) R.S.K. Tan, W. Wen, and X. Zhao: Is it smart trading on social media and attention? Return predictability in popular Chinese industries during the pandemic Discussant: Edina Berlinger (Corvinus) |
| 15:05 | - | 16:05 | Ferenc Horváth (Hong Kong): Arbitrage-Based Recovery Discussant: Zsolt Bihary (Corvinus) |
| 16:20 | - | 17:20 | Tamás Vadász (KU Leuven): To Cut or Not to Cut: a Model of Bank Dividend Restrictions Discussant: Péter Kondor (CEU and LSE) |
| 17:25 | - | 18:25 | Szabolcs Blazsek (Universidad Francisco Marroquín), A. Escribano and A. Licht: Score-driven ABC(D) of dynamic stochastic general equilibrium Discussant: Zoltán Jakab (IMF) |
| 26 August 2021, Thursday |
| 14 | - | 15 | András Jagadits (Universitat Pompeu Fabra): Emigration and local structural change: Evidence from (Austria)-Hungary in the age of mass migration Discussant: Ágnes Hárs (Kopint-Tárki) |
| 15:15 | - | 16:15 | Dávid Krisztián Nagy (CREi), S. Heblich, A. Trew and Y. Zylberberg: The Death and Life of Great British Cities Discussant: Miklós Koren (CEU and IE) |
| 16:30 | - | 17:30 | Dániel Prinz (IFS), Anikó Bíró, R. Branyiczki, Attila Lindner and Lili Márk: The Impact of Payroll Tax Subsidies: Theory and Evidence Discussant: János KöllÅ‘ (IE) |
| 17:45 | - | 18:45 | Attila Lindner (University College London and IE), D. Cengiz, A. Dube and D. Zentler-Munro: Seeing Beyond the Trees: Using Machine Learning to Estimate the Impact of Minimum Wages on Labor Market Discussant: János Vincze (Corvinus and IE) |
|
| 3 August 2020, Monday |
| 13:50 | - | 14 | Opening |
| 14 | - | 15 | Zsuzsa R. Huszár (Singapore), T. X. Duong snd R. S. K. Tan: The Role of Market Infrastructure in Price Discovery: Short Sellers’s Perspective Discussant: Dániel Havran (Corvinus) |
| 15:15 | - | 16:15 | Gábor Neszveda (Corvinus): Attractiveness to optimists and stocks as lotteries in the cross-section of expected stock returns Discussant: Zsuzsa R. Huszár (Singapore) |
| 16:30 | - | 17:30 | Tamás Vadász (Warwick) and J. Thanassoulis: Personal Current Account and Overdraft Pricing in Retail Banking Discussant: Edina Berlinger (Corvinus) |
| 17:45 | - | 18:45 | József Molnár, K. P. Huynh, O. Shcherbakov and Q. Yu: Demand for Payment Services and Consumer Welfare: The Introduction of a Central Bank Digital Currency Discussant: Tamás Briglevics (MNB) |
| 4 August 2020, Tuesday |
| 14 | - | 15 | László Tétényi (NYU): Trade, Misallocation, and Capital Market Integration Discussant: István Kónya (IE) |
| 15:15 | - | 16:15 | Zsuzsa Munkácsi (IMF) and D. Baksa: More Gray, More Volatile? Aging and (Optimal) Monetary Policy Discussant: Lóránt Kaszab (MNB) |
| 16:30 | - | 17:30 | Bence Bardóczy (Northwestern), A. Auclert and M. Rognlie MPCs, MPEs and Multipliers: A Trilemma for New Keynesian Models Discussant: Krisztina Molnár (Norwegian School) |
| 5 August 2020, Wednesday |
| 14 | - | 15 | Sándor Sóvágó (Groningen), M. de Haan, P. Gautier, H. Oosterbeek anf B. v.d. Klaauw: Measuring students’ cardinal preferences for schools Discussant: Zoltán Hermann (IE) |
| 15:15 | - | 16:15 | Dániel Prinz (Harvard) and B. Ravesteijn: Employer Responsibility in Disability Insurance: Evidence from the Netherlands Discussant: Judit Krekó (IE) |
| 16:30 | - | 17:30 | Attila Gyetvai (Duke): Job Mobility Within and Across Occupations Discussant: Attila Lindner (UC London and IE) |
|
| 22 August 2019, Thursday |
| Chair: János Vincze (Corvinus and IEHAS) | |||
| 9:10 | - | 9:15 | Opening |
| 9:15 | - | 10:15 | Hedvig Horváth (UC London), J. Anders, A. Bryson and B. Nasim: The Effects of Pay Decentralisation on Teachers' Pay and Teacher Retention Discussant: Dániel Horn (IEHAS) |
| 10:30 | - | 11:30 | Anna Adamecz-Völgyi (UC London), N. Shure and M. Henderson: The labour market returns of first in family graduates Discussant: Márton Csillag (Budapest Institute) |
| 11:45 | - | 12:45 | Zsombor Méder (Singapore UTD), J. Flesch, R. Peeters and Y. Sarafidis: Intertemporal price discrimination with time-inconsistent consumers Discussant: János Vincze (Corvinus and IEHAS) |
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 14:15 | - | 15:15 | Domonkos Vámossy (U. Pittsburgh) and J. LaVoice: Racial Disparities in Debt Collection Discussant: Gábor KÅ‘rösi (IEHAS) |
| 15:30 | - | 16:30 | Péter Bayer (U Grenoble) and Gy. Kozics: Best-Response Dynamics in Directed Network Games Discussant: Péter Csóka (Corvinus and IEHAS) |
| 16:45 | - | 17:45 | Zoltán Novotny-Farkas (WU Wien), I. Goncharov and X. Wu: Disclosure Choice when Market-Wide Externalities Matter: Evidence from IFRS Adoptions by Central Banks Discussant: Gábor KÅ‘rösi (IEHAS) |
|
| 9 August 2018, Thursday |
| Chair: Károly Fazekas (IEHAS) | |||
| 9:55 | - | 10 | Opening |
| 10 | - | 11 | Attila Lindner (UC London): Reallocation and the Minimum Wage - Evidence From Germany Discussant: Anikó Bíró (IEHAS) |
| 11:15 | - | 12:15 | Domonkos Vámossy (Pittsburgh) and S. Albanesi: Predicting Consumer Default: A Deep Learning Approach Discussant: Milán Badics (Corvinus) |
| Chair: István Kónya (IEHAS) | |||
| 14:30 | - | 15:30 | Dániel Prinz (Harvard), M. Geruso and T. J. Layton: Screening in contract design: Evidence from the ACA health insurance exchanges Discussant: Gábor Virág (Toronto) |
| 15:45 | - | 16:45 | Péter Bayer (Maastricht), J-J. Herings, R. Peeters and F. Thuijsman: Myopic and Farsighted Players in the Local Public Goods Game Discussant: László Kóczy (IEHAS) |
| 17 | - | 18 | Tamás Kiss (Gothenburg): Inference under time-varying expected returns Discussant: Gábor KÅ‘rösi (IEHAS) |
| 10 August 2018, Friday |
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 9:30 | - | 10:30 | Sándor Sóvágó (Groningen), H. Oosterbeek and B. v.d. Klaauw: Identifying the sources of school segregation Discussant: Zoltán Hermann (IEHAS) |
| 10:45 | - | 11:45 | Róbert Somogyi (Louvain) and A. Gautier: Prioritization vs zero-rating: Discrimination on the internet Discussant: Norbert Maier (Copenhagen Economics) |
| 12 | - | 13 | Norbert Maier (Copenhagen Economics): Closeness of substitution for big data in merger control Discussant: Gergely Csorba (IEHAS) |
|
| 14 August 2017, Monday |
| Chair: Imre Fertő (IEHAS) | |||
| 9:25 | - | 9:30 | Opening |
| 9:30 | - | 10:30 | Sándor Sóvágó (Amsterdam) and R. Shorrer: Obvious Mistakes in a Strategically Simple College-Admissions Environment Discussant: Dániel Horn (IEHAS) |
| 10:45 | - | 11:45 | Péter Bayer (Maastricht), J-J. Herings, R. Peeters and F. Thuijsman: Adaptive Learning in Weighted Network Games Discussant: Péter Bíró (IEHAS and Corvinus) |
| 12 | - | 13 | Dániel Hörcher (I College London), D. J. Graham and R. J. Anderson: The economic inefficiency of travel passes under crowding externalities and endogenous capacity forthcoming in Journal of Transport Economics and Policy Discussant: Dávid Nagy (CREI) |
| Chair: Péter Mihályi (Corvinus) | |||
| 14:30 | - | 15:30 | Dávid Nagy (CREI), K. Desmet, R. E. Kopp, M. Oppenheimer and E. Rossi-Hansberg: Evaluating the Economic Cost of Coastal Flooding Discussant: Gábor Békés (IEHAS) |
| 15:45 | - | 16:45 | Zorka Simon (Mannheim) and Zsuzsa Huszár (NUS): The Liquidity and Welfare Implications of the Securities Lending Market for European Treasuries Discussant: Edina Berlinger (Corvinus and IEHAS) |
| 17 | - | 18 | Péter Hudomiet (RAND), M. Hurd and S. Rohwedder: The Lifetime Risk of Dementia and the Distribution of Lifetime Out-of-pocket Medical Expenditures in the U.S. Discussant: Péter Mihályi (Corvinus) |
| 15 August 2017, Tuesday |
| Chair: Dániel Havran (Corvinus) | |||
| 10 | - | 11 | Tamás Barkó (Mannheim): Tangible and Intangible Fraud Outcomes Discussant: Gábor Neszveda (Tilburg) |
| 11:15 | - | 12:15 | Bálint Horváth (Bristol): Foreign banks and International Transmission of Monetary Policy: Evidence from the Syndicated Loan Market Discussant: Dániel Havran (Corvinus) |
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 13:45 | - | 14:45 | Noémi Péter (Groningen), T. Buser and S. Wolter: Gender, competitiveness and career choices along the whole ability distribution Discussant: Anna Adamecz (Budapest Institute) |
| 15 | - | 16 | László Tétényi (NYU): Regional Stabilization through Factor Mobility Discussant: Márta Bisztray (IEHAS) |
| 16:15 | - | 17:15 | Tamás Kiss (Gothenburg): Vanishing Predictability and Non-Stationary Regressors Discussant: Róbert Lieli (CEU) |
| 16 August 2017, Wednesday |
| Chair: János Vincze (Corvinus and IEHAS) | |||
| 10 | - | 11 | Gábor Simonovits (NYU): The institutional sources of policy bias Discussant: Attila Lindner (U College London) |
| 11:15 | - | 12:15 | Attila Lindner (U College London), D. Cengiz, A. Dube and B. Zipperer: The effect of minimum wages on the total number of jobs: Evidence from the United States using a bunching estimator Discussant: János Vincze (Corvinus and IEHAS) |
| Chair: Péter Csóka (Corvinus and IEHAS) | |||
| 13:45 | - | 14:45 | Tamás Vadász (Warwick) - K. Ma: Bank Signalling, Risk of Runs, and the Informational Impacts of Financial Regulations Discussant: Ádám Zawadowski (CEU) |
| 15 | - | 16 | Csaba G. Pogonyi (I College London) and D. J. Graham: Firms, agglomeration and congestion - comparing the impacts of different measures of accessibility on productivity Discussant: Balázs Lengyel (IEHAS) |
| 16:15 | - | 17:15 | Péter Füleky (Hawaii), L. Ventura and Q. Zhao: Common Correlated Effects and International Risk Sharing Discussant: Péter Csóka (Corvinus and IEHAS) |
|
| 11 August 2016, Thursday |
| Chair: Júlia Király (IBS and IEHAS) | |||
| 9:25 | - | 9:30 | Opening |
| 9:30 | - | 10:30 | Zorka Simon (Mannheim): Much ado about nothing: A study of differential pricing and liquidity of short and long term bonds Discussant: Dániel Havran (IEHAS) |
| 10:45 | - | 11:45 | Norbert Czinkán (Alicante): Firm-Level Fluctuations and the Density of Economic Activity: Evidence from Hungary Discussant: Balázs Muraközy (IEHAS) |
| 12 | - | 13 | Ádám Telek (Alicante): Power Networks - A network approach of voting Discussant: Balázs Sziklai (IEHAS and Corvinus) |
| Chair: Balázs Muraközy (IEHAS) | |||
| 14:30 | - | 15:30 | Zoltán Novotny-Farkas (Lancester) and G. Gebhardt: Comparability and predictive ability of loan loss provisions - The role of accounting regulation versus bank supervision Discussant: Júlia Király (IBS and IEHAS) |
| 15:45 | - | 16:45 | Attila Lindner (U College London) and P. Harasztosi: Who Pays for the Minimum Wage? Discussant: Anikó Bíró (Edinburgh) |
| 17 | - | 18 | Gábor Uhrin (Göttingen) and H. Herwartz: Monetary Policy Shocks, Sign Restrictions, and Asset Prices: A Novel Approach for Analyzing Sign Restricted Models Discussant: Gábor KÅ‘rösi (IEHAS) |
| 12 August 2016, Friday |
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 10 | - | 11 | Hedvig Horváth (U College London): Teacher Peers at School: How Do Colleagues Affect Value-Added and Student Assignments? Discussant: Zoltán Hermann (IEHAS) |
| 11:15 | - | 12:15 | Tímea Laura Molnár (U of British Columbia): Work, Play, or Both and Buy? - Parents' Differential Time and Resource Investments in their Children Discussants: Gábor Kézdi (CEU and IEHAS) and Gábor KÅ‘rösi (IEHAS) |
| Chair: Álmos Telegdy (MNB) | |||
| 13:45 | - | 14:45 | Anna Zseleva (Maastricht), J. Flesch and D. Vermeulen: Catch Games: The impact of modeling decisions Discussant: Endre Csóka (MTA RAMK) |
| 15 | - | 16 | András Niedermayer (Mannheim), A. Shneyerov and P. Xu: Foreclosure Auctions Discussant: Péter Csóka (IEHAS and Corvinus) |
| 16:15 | - | 17:15 | András Danis (Georgia Institute of Technology), S. Chava and A. Hsu: Labor Constraints and the Impact on Firm Investment: Evidence from Right-to-Work Laws Discussant: Álmos Telegdy (MNB) |
|
| 12 August 2015, Wednesday |
| Chair: János Vincze (Corvinus and IEHAS) | |||
| 9:50 | - | 10 | Opening |
| 10 | - | 11 | Judit Temesváry (Hamilton) and Ádám Banai: The Drivers of Foreign Bank Lending in Central and Eastern Europe: The Roles of Parent, Subsidiary and Host Market Traits Discussant: Tamás Tóth (MNB) |
| 11:15 | - | 12:15 | Dávid Szabó (Manchester): American option pricing in electricity markets Discussant: Tamás Nagy (MSCI) |
| Chair: Péter Cziráki (Toronto) | |||
| 14 | - | 15 | Zsuzsa Huszár (National U of Singapore), R. S. K. Tan and W. Zhang: Industry Concentration of Short Sellers: Cash Flow or Distress News?; Appendix Discussant: Júlia Király (IBS) |
| 15:15 | - | 16:15 | Zorka Simon (Mannheim): Not risk free: The relative pricing of euro area inflation-indexed and nominal bonds Discussant: Veronika Kerpely Pool (Indiana U) |
| 16:30 | - | 17:30 | Tamás Barkó (Tilburg): Engagements for Corporate Social Responsibility Discussant: Péter Cziráki (Toronto) |
| 13 August 2015, Thursday |
| Chair: Andás Simonovits (IEHAS) | |||
| 10 | - | 11 | Veronika Kerpely Pool (Indiana U), N. Stoffman, S. E. Yonker and H. Zhang: Do Shocks to Personal Wealth Affect Risk Taking in Delegated Portfolios? Discussant: András Fülöp (ESSEC) |
| 11:15 | - | 12:15 | Péter Cziráki (Toronto), C. Laux and Gy, Lóránth: Bank Payout Policy, Performance, and Insider Trading in the Financial Crisis of 2007-2009 Discussant: Judit Temesváry (Hamilton) |
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 13:45 | - | 14:45 | Judit Temesváry (Hamilton), S. Ongena and A. L. Owen: A Global Lending Channel Unplugged? Discussant: Zsuzsa Huszár (National U of Singapore) |
| 15 | - | 16 | László Sándor (Harvard): The Welfare Effects of Disability Insurance Receipt - Evidence from Swedish Examiner Variation Discussant: Andás Simonovits (IEHAS) |
| 16:15 | - | 17:15 | Gábor Neszveda (Tilburg): Suspicion Theory Discussant: Hubert János Kiss (IEHAS and ELTE) |
|
| 14 August 2014, Thursday |
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 8:50 | - | 9 | Opening |
| 9 | - | 10 | Zsuzsa Munkácsi (EUI): Family firms, fiscal policy and unemployment Discussant: Tamás Briglevics (Boston and MNB) |
| 10:15 | - | 11:15 | Péter Cziráki (Toronto), E. Lyandres and R. Michaely: What do insiders know? Evidence from insider trading around repurchases and SEOs Discussant:Péter Csóka (Corvinus) |
| 11:30 | - | 12:30 | Norbert Metiu (Bundesbank), M. Grill and B. Hilberg: Financial frictions and global spillovers Discussant: Henrik Kucsera (MNB) |
| Chair: Aladár Madarász (IEHAS) | |||
| 14 | - | 15 | Judit Temesváry (Hamilton) and A.L. Owen: What determines cross-border bank lending and risk taking? The effects of culture, geography, institutions, and information exchange Discussant: Péter Kondor (CEU) |
| 15:15 | - | 16:15 | Gábor Simonovits (Stanford): Framing Bad Governance with Worse Governance: Evidence from Hungary's Goulash Communism Discussant: Hubert János Kiss (IEHAS and ELTE) |
| 16:30 | - | 17:30 | Réka Juhász (LSE): Trade and Development: Evidence from the Napoleonic Blockade Discussant: Balázs Muraközy (IEHAS) |
| 15 August 2014, Friday |
| Chair: Péter EsÅ‘ (Oxford) | |||
| 10 | - | 11 | Zsombor Méder (Maastricht), J. Flesch and R. Peeters: Naiveté and sophistication in games Discussant: Miklós Pintér (Corvinus) |
| 11:15 | - | 12:15 | Endre Csóka (Warwick): Efficient Teamwork Discussant: Péter EsÅ‘ (Oxford) |
| Chair: Júlia Király (IBS) | |||
| 13:45 | - | 14:45 | Tamás Briglevics (Boston) and S. Schuh: This Is What's in Your Wallet...and How You Use It Discussant:Gábor KÅ‘rösi (IEHAS) |
| 15 | - | 16 | Ibolya Schindele (MNB), S. Ongena and Dzs. Vonnák: In Lands of Foreign Currency Credit, Bank Lending Channels Run Through? Discussant: Judit Temesváry (Hamilton) |
| 16:15 | - | 17:15 | Zoltán Novotny-Farkas (Lancaster) and J. Chircop: The economic consequences of including fair value adjustments to shareholders’ equity in regulatory capital calculations Discussant: Júlia Király (IBS) |
|
| 15 August 2013, Thursday | |||
| Chair: László Halpern (IEHAS) | |||
| 9:55 | - | 10 | Opening |
| 10 | - | 11 | Péter Cziráki (Toronto) and Moqi Xu: CEO Horizon and Equity Ownership Discussant:Ibolya Schindele (MNB) |
| 11:15 | - | 12:15 | Judit Temesváry (Hamilton): Explaining the Differences between Local Currency versus FX-denominated Loans and Deposits in the Central-Eastern European Economies Discussant: Ádám Banai (MNB) |
| Chair: Gábor Kézdi (CEU and IEHAS) | |||
| 13:45 | - | 14:45 | András Danis (Georgia Institute of Technology): Do Empty Creditors Matter? Evidence from Distressed Exchange Offers Discussant: Péter Cziráki (Toronto) |
| 15 | - | 16 | Gábor Simonovits (Stanford) and G. Kézdi: The sorting into ethnic identities: Social status and Roma identification in Hungary Discussant: Béla Janky (Institute of Sociology, HAS) |
| 16:15 | - | 17:15 | Gábor Uhrin (Toulouse): Fast and Reliable Bootstrapping of Consistent Specification Tests Discussant: Róbert Lieli (CEU and MNB) |
| 16 August 2013, Friday |
| Chair: Gábor Békés (IEHAS) | |||
| 10 | - | 11 | Zsombor Méder (Maastricht), J. Flesch and P. Ronald: Naiveté and sophistication in dynamic inconsistency Discussant: Attila Tasnádi (Corvinus) |
| 11:15 | - | 12:15 | Ákos Láda (Harvard): Clash of Brothers, part 1 and part 2 Discussant: Ádám Szeidl (CEU) |
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 14 | - | 15 | Réka Juhász (LSE): The Interaction Between Trade and Growth: Latecomer Industrialisation: the French cotton industry during the French Revolutionary and Napoleonic Wars (1793-1815) Discussant: Gábor Békés (IEHAS) |
| 15:15 | - | 16:15 | Róbert Somogyi (École Polytechnique): Bertrand-Edgeworth competition with substantial product differentiation Discussant: András Simonovits (IEHAS) |
|
| 21 August 2012, Tuesday | |||
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 9:55 | - | 10 | Opening |
| 10 | - | 11 | Ádám Faragó (Stockholm School of Economics) and R. Tédongap: Option Pricing in the Cross-Section of Stock Returns Discussant: András Fülöp (ESSEC) |
| 11:15 | - | 12:15 | Péter Szilágyi (University of Cambridge) and C. W. Wong: The Board of Directors in Hedge Fund Governance Discussant: Ibolya Schindele (MNB) |
| Chair: János Vincze (Corvinus and IEHAS) | |||
| 14 | - | 15 | Réka Felleg (Maastrichti Egyetem), F. Moers and A. Renders: Investor Reaction to Higher Earnings Management Incentives of Overoptimistic CEOs Discussant: Péter Szilágyi (Cambridge) |
| 15:15 | - | 16:15 | Judit Temesváry (Hamilton College) and A.L. Owen: Foreign Lending, Local Lending, and Economic Growth Discussant: László Halpern (IEHAS) |
| 22 August 2012, Wednesday |
| Chair: Balázs Muraközy (IEHAS) | |||
| 9:30 | - | 10:30 | Noémi Péter (University of Amsterdam), P. Lundborg, D. Webbink and N. Martin: The effect of sibling sex composition on education and family formation Discussant: Zsombor Cseres-Gergely (IEHAS) |
| 10:45 | - | 11:45 | Gábor Virág (University of Toronto), S. Lauermann and W. Merzyn: Learning and price discovery in a search model Discussant: Ádám Szeidl (CEU) |
| 12 | - | 13 | Bálint Horváth (Tilburg University) and W. Wagner: The Disturbing Interaction Between Countercyclical Capital Requirements and Systemic Risk Discussant: Péter Kondor (CEU) |
|
| 22 August 2011, Monday | |||
| Chair: László Halpern (IEHAS) | |||
| 9:50 | - | 10 | Opening |
| 10 | - | 11 | Sarolta Laczó (UCLA): Living Arrangements and Labour Supply: Evidence from the United Kingdom Discussant: György Molnár (IEHAS) |
| 11:15 | - | 12:15 | Szabolcs Sebrek (Navarra University), A. Fosfuri and M. Giarratana: Resource Partitioning and Strategies in the Market for Technology Discussant: László Halpern (IEHAS) |
| Chair: Gábor KÅ‘rösi (IEHAS) | |||
| 14 | - | 15 | Melinda Vigh (Amsterdam): Shocks or Measurement Error? Evidence from asset accumulation in Ethiopia Discussant: Sarolta Laczó (UCLA) |
| 15:15 | - | 16:15 | Ádám Galambos (Lawrence University): The Complexity of Nash Rationalizability Discussant: Péter Bíró (IEHAS) |
| 16:30 | - | 17:30 | Anna Iara (European Commission) and G.B. Wolff: Rules and risk in the euro area Discussant: Péter Benczúr (MNB) |
| 23 August 2011, Tuesday |
| Chair: Gábor Kézdi (CEU and IEHAS) | |||
| 10 | - | 11 | Róbert Somogyi (Paris School of Economics) and J. Vincze: Price Rigidity and Strategic Uncertainty: An Agent-based Approach Discussant: Attila Rátfai (CEU) |
| 11:15 | - | 12:15 | Noémi Péter (University of Amsterdam) and T. Buser: Multitasking: productivity effects and gender differences Discussant: Gábor Kézdi (CEU and IEHAS) |
| Chair: János Vincze (Corvinus and IEHAS) | |||
| 14 | - | 15 | Péter Cziráki (Tilburg University): Trading by Bank Insiders before and during the 2007-2008 Financial Crisis Discussant: Péter Kondor (CEU) Published in: Journal of Financial Intermediation, Vol. 33, January 2018, pp. 58-82. |
| 15:15 | - | 16:15 | Ádám Zawadowski (Boston University) and M. Oehmke: Positioning in the CDS Market: Evidence from the DTCC Data Discussant: János Vincze (Corvinus and IEHAS) |
| |||
| 2 August 2010, Monday | |||
| Chair: Károly Fazekas (IE) | |||
| 9:50 | - | 10 | Opening |
| 10 | - | 11 | Árpád Ábrahám (European University Inst.), S. Koehne and N. Pavoni: Optimal Income Taxation with Asset Accumulation Discussant: Ádám Szeidl (Berkeley) |
| 11:15 | - | 12:15 | Vígh Melinda (Amsterdam), C. Elbers and J. W. Gunning: Investment under Risk with Discrete and Continuous Assets: Solution and Estimation Discussant: Sarolta Laczó (European University Inst.) |
| Chair: Aladár Madarász (IE) | |||
| 14 | - | 15 | Gyuri Venter (LSE): Coordination and real investments under short-sale constraints Discussant: Péter Kondor (CEU) |
| 15:15 | - | 16:15 | Vida Péter (Bécs) - H. Azacis: Collusive Communication Schemes in a First-Price Auction Discussant: Gergely Csorba (IE and Competition Authority) |
| 16:30 | - | 17:30 | Gergely Újhelyi (Houston) and E. Calvo: Political Screening: Theory and Evidence from the Argentine Public Sector Discussant: Balázs Váradi (ELTE and BSZEI) |
| 3 August 2010, Tuesday |
| Chair: András Simonovits (IE) | |||
| 10 | - | 11 | Balázs Kovács (Lugano): Similarity-based Decision Models Discussant: Péter Vida (Vienna) |
| 11:15 | - | 12:15 | Gábor Pintér (Cambridge): Labour Market Frictions and Heterogeneous Expectations Discussant: István Kónya (MNB) |
| Chair: Miklós Koren (CEU and IE) | |||
| 14 | - | 15 | Gergely Horváth (Alicante): Occupational mismatch and social networks Discussant: Tamás Bartus (Corvinus) |
| 15:15 | - | 16:15 | Anna Lovász (MTA KTI) and M. Rigó: The Evolution of Productivity-Wage Gaps Following the Transition in Hungary - Evidence from Linked Employer-Employee Data Discussant: János KöllÅ‘ (IE) |
| 4 August 2010, Wednesday |
| Chair: Gábor KÅ‘rösi (IE) | |||
| 9:30 | - | 10:30 | Noémi Kreif (London): Statistical methods under exogeneity in economic evaluation of health care programs: a Monte Carlo simulation experiment Discussant: Gábor KÅ‘rösi (IE) |
| 10:45 | - | 11:45 | Szabolcs Blazsek (Navarra) and A. Escribano: Innovations and Market Value of Firms: Differential Effects of Leaders and Followers Discussant: Miklós Koren (CEU and IE) |
| 12 | - | 13 | Roland Straub (ECB) and M. Fratzscher: Asset Prices, News Shocks and the Current Account Discussant: Zoltán Jakab (Budget Office) |
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| 26 June 2006, Monday | |||
| Chair: László Halpern (IE) | |||
| 9:30 | - | 9:40 | Opening |
| 9:40 | - | 10:40 | Maier, Norbert (LBS & London Economics): Common Agency with Moral Hazard and Asymmetrically Informed Principals Discussant: Gergely Csorba (IE) |
| 11 | - | 12 | Pál, Rozália (European University Viadrina), A. Ferrando and R. Kozhan: Firms' growth and its dependence on internal finance -A euro area investigation Discussant: Ádám Reiff (MNB) |
| Chair: János Gács (IE) | |||
| 13:30 | - | 14:30 | Straub, Roland (IMF) and G. Peersman: Putting the New Keynesian Model to a Test Discussant: Ákos Valentinyi (Southampthon and IE) |
| 14:45 | - | 15:45 | Égert, Balázs (Oesterreichische Nationalbank) and L. Komárek: Foreign Exchange Interventions and Interest Rate Policy in the Czech Republic: Hand in Glove? Discussant: László Halpern (IE) Published as: Egert, Balazs: Central bank interventions, communication and interest rate policy in emerging European economies; Journal of Comparative Economics, vol. 35(2), June 2007, pp. 387-413. http://ideas.repec.org/a/eee/jcecon/v35y2007i2p387-413.html |
| 16 | - | 17 | Virág, Gábor (Rochester): Counteroffers, bidding costs and job creation Discussant: ElÅ‘d Takáts (Princeton) |
| 27 June 2006, Tuesday | |||
| Chair: János Vincze (Corvinus and IE) | |||
| 10 | - | 11 | Iara, Anna (WIIW): Skill diffusion by temporary migration? Returns to Western European working experience in the EU Accession countries Discussant: János KöllÅ‘ (IE) |
| 11:15 | - | 12:15 | Takáts, ElÅ‘d (Princeton): A Theory of "Crying Wolf": The Economics of Money Laundering Enforcement Discussant: Péter Kondor (LSE) |
Chair: János KöllÅ‘ (IE) | |||
| 14 | - | 15 | Fülöp, András (Toronto): Feedback Effects of Rating Downgrades Discussant: Gábor KÅ‘rösi (IE) |
| 15:15 | - | 16:15 | Bodor, András (Georgetown), D.A. Robalino: On the Financial Sustainability of Earnings Related Pension Schemes with "Pay-As-You-Go" Financing and the Role for Government Indexed Bonds Discussant: Ágota Scharle (MoFin) |
28 June 2006, Wednesday | |||
Chair: Ákos Valentinyi (Southampthon and IE) | |||
| 10 | - | 11 | Kondor, Péter (LSE): Career Concerns and Dynamic Arbitrage Discussant: Ádám Szeidl (Berkeley) |
| 11:15 | - | 12:15 | Benczúr, Péter (MNB) and I. Kónya: Nominal growth of a small open economy Discussant: Miklós Koren (FED-NY) |
Chair: Gábor KÅ‘rösi (IE) | |||
| 14 | - | 15 | Csóka, Péter (Maastricht), J.-J. Herings and L. Kóczy: Coherent Measures of Risk from a General Equilibrium Perspective Discussant: Péter Medvegyev (Corvinus) |
| 15:15 | - | 16:15 | Koren, Miklós (FED-NY): "Begin at the Beginning": Initial Conditions Matter for the Size Distribution of Firms Discussant: János Vincze (Corvinus and IE) |
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27 June 2005, Monday | |||
| Chair: Károly Fazekas (IE) | |||
| 9:30 | - | 9:40 | Opening |
| 9:40 | - | 10:40 | Péter Vida (UA Barcelona): A Detail-free Mediator Discussant: Gergely Csorba (CEU) |
| 11 | - | 12 | Krisztina Molnár (Pompeu Fabra) and Sergio Santoro: Optimal Monetary Policy When Agents Are Learning Discussant: Ákos Valentinyi (Southampton and IE) |
| Chair: Gábor KÅ‘rösi (IE) | |||
| 13:40 | - | 14:40 | Balázs Égert (Oesterreichische Nationalbank), Jesús Crespo-Cuaresma and Ronald MacDonald: Non-Linear Exchange Rate Dynamics in Target Zones: A Bumpy Road Towards A Honeymoon Discussant: Zsolt Darvas (Corvinus) |
| 14:40 | - | 15:40 | Gábor Virág (Rochester): Wage Inequality in a Burdett-Mortensen World Discussant: Árpád Ábrahám (Rochester) |
| 16 | - | 17 | Dóra Kádár (Siena): Do acquirers only break even? Discussant: László Halpern (IE) |
28 June 2005, Tuesday | |||
| Chair: Aladár Madarász (IE) | |||
| 10 | - | 11 | Attila Ambrus (Harvard): Theories of coalitional rationality Discussant: László Kóczy (U Maastricht) |
| 11 | - | 12 | Róbert Lieli (Texas) and Graham Elliott: Predicting Binary Outcomes Discussant: Gábor Kézdi (CEU and IE) |
| Chair: László Halpern (IE) | |||
| 13:40 | - | 14:40 | András Fülöp (University of Toronto) and Jin-Chuan Duan: Estimating the Structural Credit Risk Model When Equity Prices Are Contaminated by Trading Noises Discussant: Gábor KÅ‘rösi (IE) |
| 14:40 | - | 15:40 | Árpád Ábrahám (Rochester) and Eva Carceles-Poveda: Endogenous Trading Constraints with Incomplete Asset Markets Discussant: István Kónya (MNB) |
| 16 | - | 17 | Viktória Kocsis (Amsterdam): Network Asymmetries and Access Pricing in Cellular Telecommunications Discussant: András Simonovits (IE) |
29 June 2005, Wednesday | |||
| Chair: András Simonovits (IE) | |||
| 10 | - | 11 | Szabolcs LÅ‘rincz (University of Toulouse): Persistence Effects in a Dynamic Discrete Choice Model Discussant: Róbert Lieli (Texas) |
| 11 | - | 12 | László Kóczy (U Maastricht): The Core Can Be Accessed with a Bounded Number of Blocks Discussant: Ádám Szeidl (Berkeley) |
| Chair: Jenő Koltay (IE) | |||
| 13:40 | - | 14:40 | Kristóf Madarász (Berkeley): Disclosure of Conflict of Interest Hozzászóló: Attila Ambrus (Harvard) |
| 14:40 | - | 15:40 | István Kónya (MNB): Economic Development, Exchange Rates, and the Structure of Trade Hozzászóló: Miklós Koren (Harvard and IE) |
| 16 | - | 17 | Miklós Koren (Harvard and IE), László Halpern and Ádám Szeidl: The Microeconomics of Technology Spillovers: Theory and Evidence from Hungarian Product-Level Data Discussant: Péter Benczúr (MNB) |
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| 29 June 2004, Tuesday | |||
| Chair: Jenõ Koltay (IE) | |||
| 9:30 | - | 9:40 | Opening |
| 9:40 | - | 10:40 | Norbert Maier (LBS): Explaining Corruption: An Incentive-Based Approach Discussant: Imre Csekõ (BUES) |
| 11 | - | 12 | Kata Bognár (U Michigan) and Lones Smith: We Can’t Argue Forever Discussant: Péter Kondor (LSE) |
| Chair: János Vincze (IE) and (BUES) | |||
| 13:40 | - | 14:40 | Miklós Koren (Harvard and IE): The Law of Two Prices: Trade Costs and Relative Price Variability Discussant: Attila Rátfai (CEU) |
| 14:40 | - | 15:40 | Elõd Takáts (Princeton): Incentives in practice: efficiency wage, firing and bonuses Discussant: Gábor Kézdi (CEU) |
| 16 | - | 17 | Gergely Csorba (CEU): Screening Contracts in the Presence of Positive Network Effects Discussant: Kata Bognár (U Michigan) |
| 30 June 2004, Wednesday | |||
| Chair: Gábor KÅ‘rösi (IE) | |||
| 10 | - | 11 | Júlia Lendvai (U Namur): Inflation Rigidity and Monetary Policy Shocks Discussant: László Halpern (IE) |
| 11 | - | 12 | László Kóczy (U Maastricht) and Luc Lauwers: The Minimal Dominant Set is a Non-Empty Core-Extension. Discussant: Tamás Solymosi (BUES) |
| Chair: László Halpern (IE) | |||
| 14 | - | 15 | Péter Kondor (LSE): The More we Know, the Less We Agree Discussant: János Vincze (IE) and (BUES) |
| 15:20 | - | 16:20 | Attila Ambrus (Harvard) and R. Argenziano: Network Markets and Consumer Coordination Discussant: Gergely Csorba (CEU) |
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| 1 July 2003, Tuesday | |||
| 9:30 | - | 9:40 | Opening |
| 9:40 | - | 10:40 | Fudenberg, D., M. Mobius and Ádám Szeidl (Harvard): Existence of Equilibrium in Large Double Auctions Discussant: Gyula Magyarkúti (BUES) |
| 11 | - | 12 | Balázs Szentes (Chicago) and Péter EsÅ‘ (NWU): Optimal Information Disclosure in Auctions: The Handicap Auction Discussant: József Molnár (Notre Dame) |
| 13:40 | - | 14:40 | Gábor Kézdi (BUES and IE) and R. J. Willis: Who Becomes a Stockholder? Expectations, Subjective Uncertainty, and Asset Allocation Discussant: Gábor KÅ‘rösi (IE) |
| 14:40 | - | 15:40 | Lorand Ambrus Lakatos (CEU): A Problem Concerning Changing Preferences Discussant: Balázs Szentes (Chicago) |
| 16 | - | 17 | Beatrix Paál (Stanford) and T. Wiseman: Group Lending with Endogenous Social Collateral Discussant: Miklós Koren (Harvard and IE) |
| 2 July 2003, Wednesday | |||
| 10 | - | 11 | Árpád Ábrahám (Duke) and N. Pavoni: Efficient Allocations with Dynamic Moral Hazard and Unobservable Savings Discussant: Beatrix Paál (Stanford) |
| 11 | - | 12 | Che, Y-K. and József Sákovics (U of Edinburgh): A Dynamic Theory of Holdup Discussant: János Vincze (BUES and IE) Published: Yeon-Koo Che and Jozsef Sakovics: A Dynamic Theory of Holdup, Econometrica, Vol. 72(4), pp. 1063-1103 (July 2004) |
| 13:40 | - | 14:40 | Miklós Koren (Harvard and IE): Financial Globalization and the Pattern of International Trade: An Incomplete Markets Approach; Discussant: Péter Benczur (NBH) |
| 14:40 | - | 15:40 | Szilvia Pápai (Notre Dame): Random Paths to Stability in Hedonic Coalition Formation Discussant: Loránd Ambrus-Lakatos (CEU) |
| 16 | - | 17 | Imre FertÅ‘ (IE) and L. J. Hubbard: The Dynamics of Agri-Food Trade Patterns - The Accession Countries' Case Discussant: László Halpern (IE) |
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| 24 June 2002, Monday | |||
| 9:30 | - | 9:40 | Opening |
| 9:40 | - | 10:40 | Ákos Valentinyi (Southampton U and IE) and B. Herrendorf: On the Stability of the Two-sector Real Business Cycle Model with Externalities Discussant: András Simonovits (IE) |
| 11 | - | 12 | Balázs Szentes (Boston U): Symmetric Equilibria in Majority Auctions Games; first part: Three-Object Two-Bidder Simultaneous Auctions: Chopsticks and Tetrahedra ; and second part: Beyond Chopsticks: Symmetric Equilibria in Majority Auction Games Discussant: Gábor Futó (CEU) |
| 13:40 | - | 14:40 | Gábor Kézdi (U Michigan): The Geographic Mobility of Labor and the Rigidity of European Labor Markets Discussant: János KöllÅ‘ (IE) |
| 14:40 | - | 15:40 | Ibolya Schindele (Amsterdam U): Support and Inference: Venture Financing with Multiple Tasks Discussant: János Vincze (BUES and IE) |
| 16 | - | 17 | József Molnár (NWU): Preemptive Horizontal Mergers: Theory and Evidence Discussant: László Halpern (IE) |
| 25 June 2002, Tuesday | |||
| 10 | - | 11 | Loránd Ambrus-Lakatos (CEU): Preferences for Fairness in Decision Theory |
| 11:15 | - | 12:15 | Botond KÅ‘szegi (Berkeley) and Wei Li: Ambition and Talent Discussant: Loránd Ambrus-Lakatos (CEU) |
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| 9 July 2001, Monday | |||
| 9:30 | - | 9:40 | Opening |
| 9:40 | - | 10:40 | Imre FertÅ‘ (IE) and L J Hubbard: Intra-Industry Trade in Agri-Food Products between Hungary and the EU Discussant: Gábor KÅ‘rösi (IE) |
| 11 | - | 12 | Réka Horváth (Universitat Autonoma de Barcelona): Cooperative Research and Firm Performance Discussant: László Halpern (IE) |
| 13:40 | - | 14:40 | Loránd Ambrus-Lakatos (CEU) and Tamás Meszerics: An Experimental Analysis of the Ultimatum Game: The Role of Competing Motivations Discussant: András Simonovits (IE) |
| 14:40 | - | 15:40 | Éva Nagypál (Stanford --> NWU): Fixed-Term Contracts in Europe: A Reassessment in Light of the Importance of Match-Specic Learning Discussant: István R. Gábor (BUES) |
| 16 | - | 17 | Balázs Váradi (CEU): Multiproduct Cost Function Estimation for American Higher Education Discussant: János KöllÅ‘ (IE) |
| 10 July 2001, Tuesday | |||
| 10 | - | 11 | Gábor Virág (Princeton U) and József Molnár (NWU): Optimal auctions with externalities and signaling Discussant: Loránd Ambrus-Lakatos (CEU) |
| 11:15 | - | 12:15 | Attila Rátfai (CEU and IE): Relative Price Skewness and Inflation Discussant: Gábor KÅ‘rösi (IE) |
| 14 | - | 15 | Beatrix Paál (Stanford U) and B.D. Smith: The sub-optimality of the Friedman rule and the optimum quantity of money Discussant: János Vincze (NBH) |
| 15 | - | 16 | Péter Benczur (NBH): Learning, noise traders, the volatility and the level of bond spreads Discussant: András Simonovits (IE) |
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