Thursday, 6 September 11.00 Brough Hall 13.3014.00 P118

Registration

Opening plenary session

Thursday, 6 September 14.00Comparative Business Studies 15.30 D124 0009 Mercy or Rigour: Do Harsher Bankruptcy Laws Deter Entrepreneurs?

0109 Corporate Financial Architecture and Performance in Emerging Markets: Drivers of Sustainable Growth after the Crisis 0121 Competing abroad and competing in organizations. Firm strategies in transition countries

14.00- Comparative Perspectives of 15.30 Development D126 0010 Is transition productive? Influence of structural change on productivity in Eastern Europe and Russia

0022 Innovation Development of Russia: myths and reality 0128 Creating ‘Smart’ Economy in Hungary: Increasing Role of Workplace Innovation (The Experience of the Hungarian versus Slovak Knowledge Intensive Business Service (KIBS) Sector) 14.0015.30 D128

Comparative Studies of Institutions

Parallel sessions, 14.00-15.30 Chair: Grahame Fallon Saul Estrin1, Tomasz Mickiewicz2, Anna Rebmann3 1LSE, London, UK, 2 Aston University, Birmingham, UK, 3 University College London, London, UK Maria Kokoreva, Anastasia Stepanova National Research University "Higher School of Economics", Moscow, Russia Maria Luigia Segnana, Alex Bernard University of Trento, Trento, Italy

Chair: Michael Keren Ilya Voskoboynikov1 ,2 1University of Groningen, Groningen, The Netherlands, 2National Research University Higher School of Economics, Moscow, Russia Rustem Nureev National Research University - Higher School of Economics, Moscow, Russia Csaba Mako University Of Debrecen, Doctoral School of Economics, Debrecen, Hungary

Chair: Jürgen Jerger

0026 The European residents' attitude towards migrants: a comparative analysis based on the ESS data 123 Return migrants and occupational mobility: evidence from Estonia 0057 External Actors and Domestic Institution Building in the Post-Soviet Space - What Role for Russia and China?

14.00Innovations, Innovation Systems, 15.30 R&D D132 0077 The role of domestic and foreign networks in exporting of Russian manufacturing firms: evidence from panel data 0002 Lessons from Output Market Initiatives in Africa

0027 The transition from factor driven economies to innovation driven economies - the case of BRIC and GCC countries

14.00Macroeconomic Themes 15.30 P114 0032 The impact of the eurozone crisis on the Western Balkans

0074 A comparative view on Sovereign Risks and their Determinants in Europe

Olga Demidova National Research University Higher School of Economics, Moscow, Russia Jaan Masso, University of Tartu, Tartu, Estonia Rainer Schweickert1, Inna Melnykovska2, Hedwig Plamper3 1 Kiel Institute for the World Economy, Kiel, Germany, 2Free University, Berlin, Germany, 3LSE, London, UK

Chair: Urmas Varblane

Victoria Golikova, Ksenia Gonchar, Boris Kuznetsov Higher School of Economics, Moscow, Russia Gbadebo Odularu, Forum for Agricultural Research in Africa (FARA), Accra, Greater Accra, Ghana, University of Ibadan, Ibadan, Nigeria Mario Servantes2, Steffen Gackstatter3, Dirk Meissner1, Maxim Kotsemir1 1National Research University – Higher School of Economics, Moscow, Russia, 2 Organization for Economic Cooperation and Development, Paris, France, 3Monitor Innovation, a global management consultancy, Cambridge, USA Chair: Bozidar Cerovic Will Bartlett1, Ivana Prica0 ,2 1 London School of Economics and Political Science, London, UK, 2 Faculty of Economics, University of Belgrade, Belgrade, Serbia Hubert Gabrisch1, Lucjan T. Orlowski2, Toralf Pusch1 1Halle Institute for Economic Research, Halle (Saale), Germany, 2Sacred Heart University, Fairfield, CT, USA

0085 Effects of Currency Substitution on the Response to the European Debt Crisis: Evidence from the PIIGS Countries

14.00Macroeconomic Themes 15.30 P125 0005 Stability Effects of Foreign Direct Investments on Macro Economic Variables, the Turkish Experiment 0006 Bank Lending Channel in MENA Countries: Evidence from Dynamic Panel Model 0007 Are fiscal adjustments beneficial for Pakistan’s Economy? - A CGE Analysis

Svatopluk Kapounek, Petr Koráb Mendel University, Brno, Czech Republic

Chair: Milica Uvalic

Ahmet IKIZ Mugla University, Mugla, Turkey Aram Belhadj1, Samouel Beji2 1 University of Orléans, Orléans, France, 2University of Paris XIII, Paris, France Hasnain Naqvi, Faiz Kazmi, COMSATS Institute of Information Technology, Islamabad, Pakistan

14.00Labour Market and Comparative 15.30 Demographics P116 0101 Co-ordinating Contracting and SubContracting Relations and Its Impacts on Labour Relations" (The Case of Cross-Sector Comparison in Hungary) 0025 Public Reaction to Unemployment in Ukraine and What are the Remedies? 0091 Youth and total unemployment rate: the impact of policies and institutions

Chair: Laura Resmini

14.0015.30 P123

Chair: Magdolna Sass

Foreign direct investment Panel on FDI, technology transfer, and economic development in emerging markets Development of China in the light of the investment development path paradigm 0110 In Search of Growth and Development Effects by inward FDI into Central East Europe

Csaba Makó, Eva Farkas University of Debrecen, Doctoral School of Economics, Debrecen, Hungary David Lane University of Cambridge, Cambridge, UK Enrico Marelli1, Marcello Signorelli2, Misbah Tanveer Choudhry3 1University of Brescia, Brescia, Italy, 2University of Perugia, Perugia, Italy, 3university of Groningen, Groningen, The Netherlands

Boudier, Fabienne; Adel Arab Horst Brezinski1, Johannes Stephan1, Olivier Zieschank0 ,2 1Technical University Freiberg, Freiberg,

0115 The role of IPR in fostering technology transfer between foreign owned firms and local suppliers and customers in CEECs

16.00- Meet the editors 17.00 Chair; Marcello Signorelli P118 (University of Perugia, Italy)

17.00- EACES doctoral award 17.30 P118

17.30- Coffee/tea 18.00 18.00- Keynote speech 19.30 Chair; Martin Myant P118

Germany, 2University of Neuchâtel, Neuchâtel, Switzerland Johannes Stephan1, Mark Knell3 ,2, Björn Jindra2 1Technische Universität Bergakademie, Freiberg, Germany, 2Institut für Wirtschaftsforschung Halle (IWH), Halle, Germany, 3NIFU Nordic Institute for Studies in Innovation, Research and Education, Oslo, Norway

Hear from editors of journals and a monograph series Economic Annals, Economic Systems, Europe-Asia Studies, European Journal of Comparative Economics, Post-Communist Economies, Palgrave series. Björn Jindra (PhD from the University of Sussex) Internationalisation theory and technological accumulation: An investigation of multinational affiliates in East Germany

Paul Hare (Herriot-Watt University, Edinburgh), Institutions and Transition Lessons and Surprises

19.30 Buffet, Brough Hall

8.30-10.30 D124 129

Friday, 7 September Comparative Business Studies

Returns on foreign investments in central and eastern European countries: impact on external imbalances 0051 Corporate Governance and Firm Survival: Russian Firms Before and After the Global Financial Crisis

Chair: Maria Segnana Tatyana Rodionova, Odessa Mechnikov National University

Ichiro Iwasaki Institute of Economic Research, Hitotsubashi University, Tokyo, Japan

0080 Exporting and productivity: the effects of multi-market and multiproduct export entry

8.30-10.30 D128

Comparative Studies of Institutions Panel, Social factor and motivation of stakeholders in developed and emerging economies 0081 Capitalism and Welfare System in Developed Countries: Post-war Trajectories and Future Trends 0081 Comparative Study on Changes in Work Motivation between Russia and Japan 0081 Market Orientation of Managers in Russian industry

8.30-10.30 Macroeconomic Themes, P125 Comparative development 0083 Differentiating the fight against poverty and inequality - an ethnic minority perspective. 0039 The " Big Four" and Economic Crisis Solution 0003 Chinese Rationale of FDI

0112 Fiscal Discipline, Social Capital and Economic Recovery: Evidence from Europe during the last Economic Crisis(NB! This title might be the subject of changes and would be confirmed when submitting the final paper)

8.30-10.30 D132

Innovations, Innovation Systems, R&D

Jaan Masso1, Priit Vahter1 ,2 1 University of Tartu, Tartu, Estonia, 2 University of Birmingham, Birmingham, UK

Chair: Satoshi Mizobata

Takumi Horibayashi (Kanazawa University) Hiroaki Hayashi (The University of Shimane, Japan) Olga Kolennikova (Institute of Socio-economic and Population Problem s, Russian Academy of Science, Russia

Chair: Bruno Dallago Beverley Preddie University of Westminster, London, UK Dragoljub Stojanov Economic faculty, Rijeka, Croatia Farrukh Kayani, Babar Hussain, Saquib Janjua COMSATS Institute of Information Technology, Islamabad, Pakistan, University of Sargodha, Sargodha, Pakistan Eve Parts University of Tartu, Tartu, Estonia

Chair: Olga Demidova

0044 Learning-by-exporting and Learning-by-importing effects for Russian Manufacturing Firms: evidence from panel data 0094 Enhancing competitiveness through cooperation: innovative regional clusters

0104 Fostering Innovation In Russian Companies In The Post-Crisis Period: Opportunities And Constraints 0061 A comparative study of Euro zone Countries' trade performance associated with China and United States according to Technology Classes

8.30-10.30 P114

Macroeconomic Themes ACES sponsored panel, Development with Instability in Eurasian Gigantic Emerging Economies (1) 0014 Oil Prices, Excess Uncertainty and Trend Growth - Evaluation of Russia's Growth Performance 0015 GDP, GDI and TFP in BRICs 0035 Savings, Investment and Financial Intermediation in China - Flow of Funds Approach

8.30-10.30 D126

Comparative Studies of Institutions/Macroeconomic Themes 0041 Intellectual Property Rights Protection Versus Antitrust in Developing Economies: Interactions and Results

Victoria Golikova, Ksenia Gonchar, Boris Kuznetsov Higher School of Economics, Moscow, Russia Miklós Szanyi1 ,2, János Molnár2 1 Institute for World Economy, RCERS, HAS., Budapest, Hungary, 2 Debrecen University Faculty of Economics, Debrecen, Hungary Ivanov Denis, Kuzyk Mikhail, Simachev Yuri Interdepartmental Analytical Center, Moscow, Russia Abel Reyna Rivera Fondation Nationale des Sciences Politiques (Sciences Po), Paris, France

Chair: David Lane, Discussant; Phil Hanson

Jouko Rautava BOFIT, Helsinki, Finland Masaaki Kuboniwa hitotsubashi University, Kunitachi, Tokyo, Japan Iikka Korhonen1, Zuzana Fungacova1, Paul Wachtel2 1Bank of Finland, Helsinki, Finland, 2New York University, New York, USA

Chair: Hubert Gabrisch Andrey Shastitko2 ,1, Alexander Kurdin2 1Center for Competition and Economic Regulation Studies, The Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia, 2 Department of Economics, Lomonosov Moscow State University, Moscow, Russia

0082 Varieties of Capitalism, Governance, and Government Spending

0076 The impact of the economic crisis on the EU labour market: a comparative perspective 0079 Comparison of Effects of the Global Financial Crisis: Latvia and Romanian cases

8.30-10.30 P116

Masahiko Yoshii Kobe University, Kobe, Japan

Labour Market and Comparative Demographics

0047 Measures facilitating reduction of academic youth unemployment and transfer from education to labour market (Lithuanian case) 0049 Opportunities for experience, labour market inclusion and entrepreneurship of Lithuanian university students 0050 Academic youth mobility: value or hindrance in the labour market? 0054 Situation of the youth in Lithuanian labour market: the key points

8.30-10.30 P123

Rainer Schweickert1, Joachim Ahrens2, Juliane Zenker3 1Kiel Institute for the World Economy, Kiel, Germany, 2PFH Göttingen, Göttingen, Germany, 3Uni Göttingen, Göttingen, Germany Pasquale Tridico University Roma Tre, Rome, Italy

Foreign direct investment

0120 Exploring the impact of institutional and regulatory conditions on the inward investment climate and inbound FDI in Putin's Russia 0043 A Comparative perspective on FDI Location Choice in Central Eastern Europe and the Russian Federation

Ausra Repeckiene, Nida Kvedaraite Kaunas University OF Technology, Panevezys, Lithuania Nida Kvedaraite, Ausra Repeckiene Kaunas University of Technology, Panevezys, Lithuania Renata Zvireliene Kaunas University of Technology, Panevezys, Lithuania Rasa Glinskiene Kaunas University of Technology, Panevezys, Lithuania

Chair: Andrei Yakovlev

Grahame Fallon1, Andrey Yukhanaev0 ,2, Joanne Roberts0 ,2 1 Brunel University, London, UK, 2 Northumbria University, Newcastle, UK Philipp Marek1, Ksenia Gonchar2 1 Halle Institute for Economic Research, Halle, Germany, 2Institute for Industrial and Market Studies at Higher School of Economics, Moscow, Russia

0063 Internationalisation of Hungarian SMEs in innovative sectors

Magdolna Sass1, Katalin Antalóczy0 ,2 1 Institute of Economics of CERS of HAS, Budapest, Hungary, 2Budapest Business School, Budapest, Hungary

10.30- Coffee/tea 11.00

Friday, 7 September 11.00- Comparative Perspectives of 13.00 Development D126 0066 Breaking with the Past: the Institutional Determinants of Private Investment in Russia

0070 The Context of Sytemic Transformation: Various Economists' Views after 20 Years 0103 Foreign Direct Investment and Economic Growth in Africa: Do Institutions Matter? 0095 Coercion in a Model of the Soviet Economy: From Stalin via Gorbachev to Collapse. A Model of the Soviet Economy: From Stalin via Gorbachev to Collapse 11.00- Comparative Studies of Institutions 13.00 Panel on income/wage inequality 1 D128 0119 The Drivers of Income Mobility in Europe

Chair: Enrico Marelli David Szakonyi1 ,2, Eugenia Nazrullaeva2 1Higher School of Economics, Moscow, Russia, 2 Columbia University, New York, NY, USA Fumikazu Sugiura Teikyo University, Hachioji, Tokyo, Japan John Mutenyo, James Muwanga Makerere University, Kampala, Uganda Michael Keren Hebrew University, Jerusalem, Israel

Chair: Jens Holscher

David Aristei (University of Perugia) Cristiano Perugini (University of Perugia) ([email protected]) 0119 Inequality-sensitive assessment of gender Selezneva, Ekaterina (OEI wage differentials Regensburg), Van Kerm, Philippe (CEPS/INSTEAD, Luxembourg) 0119 Understanding Gender-Discrimination in Anindita Sengupta (Hooghly wages in the Post-Reform Period in India Women’s College, India), Panchanan Das (Goenka College, Kolkata, West Bengal, India) Labour shares and employment Mirella Damiani (University of

protection in the European economies

11.00- Comparative Studies of Institutions 13.00 D124 0017 Cross country analysis: Is shadow economy sensitive to energy price change? 0059 Public Procurement Competitive Process: What Drives Prices Down and What Disrupts Contract Performance? An Empirical Analysis Using Microdata 0078 Stakeholder protection in corporate governance and in the legal system, the varieties of capitalism, and long-term unemployment 0099 The role of institutional factors in the development process of developing countries

Perugia) Fabrizio Pompei (University of Perugia) Andrea Ricci (ISFOL)

Chair: Svitlana Shevelova

Nikita Suslov, Svetlana Ageeva Novosibirsk State University, Novosibirsk, Russia Andrei Yakovlev, Olga Demidova, Olga Balaeva National Research University Higher School of Economics, Moscow, Russia Alberto Chilosi Department of Economics.University of Pisa, Pisa, Italy Nighat Ahmad Aligarh Muslim University, Aligarh,U.P., India

11.00- Innovations, Innovation Systems, R&D Chair: Geoff Whittam 13.00 D132 0084 Gaming Patent System Natalia Lamberova Kazan Federal University, Kazan, Russia 0118 Governmental support measures for Kärt Rõigas, Marge Seppo, Urmas university-industry cooperation Varblane University of Tartu, Tartu, comparative view in Europe Estonia 0124 Commons & Scientific Publishing A Matteo Migheli, Giovanni Ramello behavioural investigation on Open Università del Piemonte Orientale, Access journals Alessandria, Italy 0086 Competitive higher education: what is Ieva Brence, Baiba Rivža Latvian meant by it and how can one measure it? Academy of Sciences, Riga, Latvia

11.00- Macroeconomic Themes 13.00 ACES sponsored panel, Development P114 with Instability in Eurasian Gigantic Emerging Economies (2) 0012 Comparison of Russia, China and India in Terms of International Reserve Accumulation after the Global Financial Crisis 0013 Russia and China in the Global Imbalance: Analysis on an Open Macro

Chair; Phil Hanson, Discussant; David Lane

Shinichiro Tabata Hokkaido University, Sapporo, Japan

Akira Uegaki Seinan Gakuin U., Fukuoka, Japan

Framework 0033 A Comparison of Trade Policy Reform in China, India, and Russia 11.00- Public Sector Economics/ Comparative 13.00 Studies of Institutions P123 0088 The Effect of Coercion on Voluntary Public Good Contribution: Evidence from Ecuador 0089 Can Religion Insure against Aggregate Shocks to Happiness? The Case of Transition Countries 0090 The financing aspects of infrastructure: the role of private capital

11.00- Labour Market and Comparative 13.00 Demographics P116 0011 Evolution of public - private sector pay differentials in a transition economy: the case of Serbia 0019 Tajik Labour Migrants and their Remittances: Is Tajik Migration ProPoor? 0060 Income of the policemen: wages vs informal payments 0123 Return migrants and occupational mobility: evidence from Estonia

Tomoo Marukawa University of Tokyo, Tokyo, Japan Chair: Rainer Schweickert

Georgi Boichev Simon Fraser University, Burnaby, BC, Canada Olga Popova1 ,2 1Institute for East and Southeast European Studies (IOS), Regensburg, Germany, 2 CERGE-EI, Prague, Czech Republic Janos Molnar University of Debrecen, Doctoral School of Economics, Debrecen, Hungary

Chair: Maria Lissowska

Jelena Lausev Belgrade University, Faculty of Economics, Belgrade, Serbia Kazuhiro Kumo Hitotsubashi University, Kunitachi, Tokyo, Japan Tatiana Karabchuk National Research University Higher School of Economics, Moscow, Russia Jaan Eamets, Raul Eamets, Pille Mõtsmees University of Tartu, Tartu, Estonia

13.00- Lunch 14.00

Friday, 7 September 14.00- Comparative Studies of Institutions 16.00 Panel on income/wage inequality 2 D128

Chair: Cristiano Perugini

0119 Wage Inequality in India: Decomposition Panchanan Das (Goenka College, by Sector, Gender and Activity Status Kolkata, West Bengal, India) Anindita Sengupta (Hooghly Women’s College, India) 0119 Employment protection and earnings Cristiano Perugini (University of inequality within education groups in Perugia) Fabrizio Pompei Eastern and Western Europe (University of Perugia) 0119 Inequality, Credit Growth and Financial Simon Collie (University of Instability Brighton) Jens Hölscher (University of Brighton), Cristiano Perugini (Perugia) Bayesian Assessment of Lorenz and David Lander (University of Stochastic Dominance Using a Mixture Melbourne) William E. Griffiths of Gamma Income Distributions (University of Melbourne) Duangkamon Chotikapanich (Monash University)

14.00- Comparative Studies of Institutions 16.00 D126 0053 From Competition to Dominance: Political Determinants of Federal Transfers in the Russian Federation 0067 Concept of Collective Dominance in Russian Antitrust Law

0043 A Comparative perspective on FDI Location Choice in Central Eastern Europe and the Russian Federation

0108 Crisis and innovation in Europe 125 The acceptance of political and economic reforms in Eastern Europe. Conceptual issues and empirical evidence 14.0016.00 D132 0114

Innovations, Innovation Systems, R&D, Panel on national innovation systems Innovation policy learning from a Nordic perspective

Chair: Ewa Helinska-Hughes

Andrei Yakovlev, Israel Marques, Eugenia Nazrullaeva Higher School of Ecjnomics, Moscow, Russia Svetlana Avdasheva1, Nadezhda Goreyko1, Russell Pittman2 ,3 1 National Research University Higher School of Economics, Moscow, Russia, 2Antitrust Division, U.S. Department of Justice, Washington, USA, 3New Economic School, Moscow, Russia Philipp Marek1, Ksenia Gonchar2 1 Halle Institute for Economic Research, Halle, Germany, 2Institute for Industrial and Market Studies at Higher School of Economics, Moscow, Russia Paul Blokker, Bruno Dallago University of Trento, Trento, Italy Jürgen Jerger, Institute for East and Southeast European Studies, Regensburg Chair: Discussant: Johannes Stephan Mark Knell NIFU Nordic Institute for Studies on Innovation, Research

0114 The National Innovation Systems and Innovation Policy Learning in Bosnia and Herzegovina 0114 The National Innovation System and Innovation Policy Learning in Croatia 0114 The National Innovation System and Innovation Policy Learning in the FYR of Macedonia 0114 The National Innovation System and Innovation Policy Learning in Serbia

and Education, Oslo, Norway Anto Domazet, Almir Pestek

Zoran Aralica, Denis Redzepagic Slavica Roceska, Gjorgji Mancheski, Olivera Kostoska, Marjan Angeleski Djuro Kutlaca, Marija Mosurovic Ruzicic

14.00- Macroeconomic Themes 16.00 P114 0029 The Term Structure of Interest Rates in Small Open Economy DSGE Model with Markov Switching 0030 Dynamic Relations between Exchange Rates and Stock Prices: Evidence from Russia 0107 The Eurozone crisis and vulnerable economies 0018 South Eastern Europe: closing the gap or falling behind?

Chair: John Struthers

14.00- Macroeconomic Themes/International 16.00 D124 0052 Adapting international banking standards to emerging market circumstances: an empirical test

Chair:

0097 Common Economic Area of Russia, Kazakhstan and Belarus: Resource Rents and Spillover Effects 0004 Turkish Banks with Foreign Partners, How Profitability on Banks Assets Have Changed After Having Foreign Partners. 0071 Major Risks to the Banking Sector Associated with Mortgages. The Case of Poland 14.00- Public Sector Economics 16.00 P123

Ales Marsal1 ,2 1Charles University, Prague, Czech Republic, 2Academy of Science, Prague, Czech Republic Shigeki Ono Asahikawa University, Asahikawa, Hokkaido, Japan Bruno Dallago University of Trento, Trento, Italy Valerija Botric The Institute of Economics, Zagreb, Zagreb, Croatia

Zdenek Kudrna1, Juraj Medzihorsky2 1 Austrian Academy of Sciences, Wien, Austria, 2Central European University, Budapest, Hungary Yulia Vymyatnina Europan University at St.Petersburg, St.Petersburg, Russia Ahmet Salih IKIZ Mugla University, Mugla, Turkey Mateusz Mokrogulski Warsaw School of Economics, Warsaw, Poland Chair: Mike Danson

0040 Economic theory: consistency and rhetoric? 0045 State Retiree Health Care: Funding and Policy Responses 0068 Analysis of Factors Influencing on Bribery Level in Public Procurement 0087 Microcredit Lender and Clients' Welfare Maximization

14.00- Labour Market and Comparative 16.00 Demographics P116 0092 The effects of FDI on regional labour markets in Europe

0100 Towards a Segmented Capitalism in Hungary? 0106 Flexicurity and unemployment: cultural and structural conditions for flexicurity to work 14.00- Public Sector Economics 16.00 P125 0096 Labour Market Reform in 2000s and its impacts in Germany 0105 New Welfare Regimes in Eastern Europe: The Cases of Romania and Bulgaria 0008 Tax reform during transition in developing economies (The case of Nepal)

Stuart Birks Massey University, Palmerston North, New Zealand Alexander Brown, Joshua Franzel George Mason University, Arlington, VA, USA Alexandra Bashina National Research University Higher School of Economics, Moscow, Russia NARAYAN PRASAD PAUDEL Kathmandu University School of Management , Lalitpur,, Kathmandu, Nepal, Nepal

Chair: Ausra Repeckiene Enrico Marelli3, Laura Resmini1 ,2, Marcello Signorelli4 1Università della Valle d'Aosta, Dep. of Economics and Political Science, Aosta, Italy, 2Centre for Studies on for Latin America and Transition countries (ISLA), Bocconi University;, Milano, Italy, 3 University of Brescia, Dep. of Economics, Brescia, Italy, 4 University of Perugia, Dep. of Economics, Finance and Statistics, Perugia, Italy Eva Farkas, Csaba Makó University of Debrecen, Doctoral School of Economics, Debrecen, Hungary Maria Lissowska Warsaw School of Economics, Warsaw, Poland

Chair: Will Bartlett

Mihoko Satogami Kyoto University, Kyoto-shi, Kyoto-fu, Japan Tache Ileana1, Dumitrache Vlad1 1 Transilvania University of Braşov, Romania, 2Lucian Blaga University of Sibiu, Romania Sanjaya Acharya, Ritsumeikan University, Kusatsu, Shiga, Japan

0016 Employment effects of tax cuts in transition country: evidence from Serbia

14.00- Foreign direct investment 16.00 Panel: Multinational Corporations in P118? Transition Economies: In-out and Out-in entry cases 0034 Russian Multinationals

0034 FDI by Japanese companies in European Emerging Markets 0034 National Oil Companies in the International Market: in case of China and Russia 0034 Foreign banking in Russia: activity of MNBs and Russian banks' foreign expansion

Jelena Zarkovic Rakic University of Belgrade, Serbia

Chair: Discussant: Phil Hanson, Royal Institute of International Affairs, London Satoshi Mizobata1, Victor Gorshkov1, Masahiro Tokunaga2, Liu Xu3, Philip Hanson4 1Kyoto University, Institute of Economic Research, Kyoto, Japan, 2Kansai University, Osaka, Japan, 3Hokkaido University, Hokkaido, Japan, 4Royal Institute of International Affairs, London, UK Masahiro Tokunaga, Kyoto University Liu Xu, Kansai university, Osaka

Viktor Gorshkov, Hokkaido university, Hokkaido

16.00- Coffee/tea 16.30 16.30- Round Table (P118); The Future of 17.30 Comparative Economics, Chair; Vittorio Valli (University of Turin, Italy)

Phil Hanson (Royal Institute of International Affairs, London), Ichiro Iwasaki (Hitotsubashi University, Tokyo, Japan), Michael Keren (Hebrew University of Jerusalem, Israel), Maria Lissowska (Warsaw School of Economics, Poland), Andrei Yakovlev (Higher School of Economics, Moscow)

17.30- EACES General Assembly (P118) 19.00

* Presidential address: activity report (Marcello Signorelli) * Treasurer’s report (Jens Hölscher) * Elections of the Executive Committee (2012-2014)

19.30 Dinner at Watermill Hotel

Saturday, 8 September Comparative Studies of Institutions

9.0011.00 G? 0042 Is EU Common Agricultural Policy supporting competition?

Chair:

9.00- Macroeconomic Themes 11.00 G 0122 A comparison of US and Euro area capital flow: a VAR approach 0020 Government bond market integration in the Euro area 0036 What the financial crisis started, the prices of imported goods will finish: new challenges to monetary policy in the UK. 0073 The Euro Plus Pact: Competitiveness and Financial Imbalances in the EU Countries from Central and Eastern Europe

Chair:

9.00- Macroeconomic Themes 11.00 P114 0028 Does Trust Promote Growth?

Chair:

Barbara Wieliczko Institute for Agricultural and Food Economics National Research Institute, Warsaw, Poland 0062 Are the European Institutions ill-fitting to Abel Reyna Rivera Fondation manage the Euro crisis? Nationale des Sciences Politiques (Sciences Po), Paris, France 0116 The impact of European institutional Marina Grusevaja, Pusch Toralf convergence on growth in Central and Halle Institut for Economic Eastern European Countries Research, Halle, Germany 0108 Crisis and innovation in Europe Paul Blokker, Bruno Dallago University of Trento, Trento, Italy

0069 The Endogeneity Hypothesis of OCA: Evidence from Time-Frequency Domain Analysis

0117 Transition Economies and Economic Crisis: Why Reforms Cannot Replace but

Rob Hayward University of Brighton, Brighton, UK Marc Blunden, Jens Holscher University of Brighton, Brighton, UK Silvia Szilagyiova, John Anchor University of Huddersfield, Huddersfield, UK Hubert Gabrisch1, Karsten Staehr2 1 Halle Institute for Economic Research, Halle (Saale), Germany, 2 Tallin University of Technology, Tallin, Estonia

Roman Horvath Charles University, Prague, Czech Republic Svatopluk Kapounek1, Jitka Poměnková2 1Mendel University in Brno, Facultyy of Business and Economics, Brno, Czech Republic, 2 Brno University of Technology, Faculty of Electrical Engineering and Communication, Brno, Czech Republic Bozidar Cerovic, Aleksandra Nojkovic Faculty of Economics,

Urge for Industrial Policy?

9.00- Labour Market and Comparative 11.00 Demographics P116 0021 Labour Market Analysis using Time Series Models: Russia 1999-2011 0023 Spatial Effects on Youth Unemployment Rate: The Case of Eastern and Western Russian Regions

0111 Permanent employment in Europe: stepping stone or dead end?

9.00- Foreign direct investment 11.00 P123 0064 Outward FDI from Hungary: past, present, policies 0072 The Political Economy of FDI flows into developing countries: Does depth of International Trade Agreements matter? 0093 Is Foreign Direct Investment in China Crowding Out the Foreign Direct Investment in other countries?

0113 FDI in the Balkans. Drivers and Consequences

Belgrade University, Belgrade, Serbia

Chair:

Elena Vakulenko National Research University Higher School of Economics, Moscow, Russia Olga Demidova1, Enrico Marelli2, Marcello Signorelli3 1National Research University – Higher School of Economics, Moscow, Russia, 2 University of Brescia, Brescia, Italy, 3 University of Perugia, Perugia, Italy

Giovanni Salvatore Francesco Bruno1, Floro Ernesto Caroleo2, Orietta Dessy3 1Bocconi University, Milan, Italy, 2University of Naples Parthenope, Naples, Italy, 3Catholic University of the Sacred Heart, Milan, Italy Chair:

Magdolna Sass Institute of Economics of CERS of HAS, Budapest, Hungary Arslan Tariq RANA, Philippe Saucier Université d'Orléans, Orléans, Région Centre, France Laura Resmini1 ,2, Iulia Siedschlag3 1 Dept. of Economics and Political Science, Università della Valle d'Aosta, Aosta, Italy, 2Centre for Studies on Latin America and Transition Countries (ISLA), Università Bocconi, Milano, Italy, 3 The Economic and Social Research Institute (ESRI), Dublin, Ireland Saul Estrin London School of Economics, London, UK, Laza Kekic (Economist Intelligence Unit, London), Milica Uvalic (University

of Perugia) 11.00 Coffee -11.30 P118 Keynote speech 11.30 Chair: Tomasz Mickiewicz -13.00

13.00 Lunch -14.00?? 14.00- Option additional activities, details from registration desk

Sergei Guriev (New Economic Moscow) The Macro- versus the MicroEconomics of the Resource Curse and Its Implications for Russia

School,