Amef 2019
Amef 2019
Amef 2019
A.1
Chair: Panagiotis Konstantinou
Room: A
3. Do multiple credit ratings facilitate the going public process? Evidence from the U.S.A.
Panagiotis Koutroumpis (Queen Mary University London, UK), Marc Goergen (IE Business
School, Spain), Dimitrios Gounopoulos (University of Bath, UK)
4. The Effects of Capital Controls on Loan Defaults: Micro-Level Evidence from Cyprus.
Panagiotis Konstantinou (Athens University of Economics and Business, Greece), Costas
Roumanias (Athens University of Economics and Businness, Greece) and Kostas Drakos
(Athens University of Economics and Business, Greece)
B.1
Chair: Ekaterini Panopoulou
Room: B
1
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
2. The three dimensional hyperbolic asymmetric power HEAVY model: the importance of the
range based volatility and structural breaks.
Stavroula Yfanti (Loughborough University, UK), Menelaos Karanasos (Brunel University,
UK) and Emmanouil Noikokyris (Kingston University, UK)
C.1
Chair: Nikos Tsakiris
Room: C
2. The Reverse Charge Mechanism. An Effective Measure against VAT Fraud in the EU?
Wojciech Stiller (Berlin School of Economics and Law, Germany) and Marwin Heinemann
(PwC Berlin, Germany)
3. Monetary Policy and Wealth Inequalities in the UK: Assessing the role of unconventional
policies for a decade of household data.
Apostolos Fasianos (Hellenic Ministry of Finance, Greece) and Anastasios Evgenidis
(Newcastle University Business School, UK)
4. Vertical Fiscal Externalities and Federal Tax-Transfers under Variable Factor Supplies.
Nikos Tsakiris (University of Ioannina, Greece), Panos Hatzipanayotou (Athens University of
Economics and Business, Greece) and Michael S. Michael (University of Cyprus, Cyprus)
D.1
Chair: Mihaela Mocanu
Room: D
2
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
1. Bank Capital and Liquidity Creation in Europe: A GMM Panel VAR Approach.
George Kladakis (University of Sheffield, UK), Lei Chen (University of Sheffield, UK), Sotirios
K. Bellos (University of Sheffield - CITY College, Thessaloniki, Greece; South East European
Research Centre- SEERC)
E.1
Chair: T. Huw Edwards
Room: E
1. Estimation of Import Demand and Export Supply Functions for Greece, 1995-2017.
Nicholas-Joseph Lazarou (Ministry of Finance of the Hellenic Republic) and Andreas Zervas
(Ministry of Finance of the Hellenic Republic)
2. TBA
3. Wage elasticity of labor demand for foreign MNCs vs domestic Firms in South Korea.
Minjung Kim (Wonkwang University, South Korea)
4. Postcolonial trade between Russia and former Soviet republics: Back to Big Brother?
T. Huw Edwards (Loughborough University, UK) and Arman Mazhikeyev (University of
Lincoln, UK)
3
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
B.2
Chair: Dimitrios Bermperoglou
Room: B
2. Debt Attitudes in Gender Perspective: Is There an Effect of Debt Knowledge and Skills?
Wiktor Cwynar (University of Economics and Innovation, Poland), Andrzej Cwynar
(University of Economics and Innovation, Poland), Piotr Białowolski (Harvard T. H. Chan
School of Public Health, USA) and Dorota Węziak-Białowolska (Harvard T. H. Chan School of
Public Health, USA)
3. Debt Stabilisation and Financial Stability in a Monetary Union: Market vs. Authority-based
Preventive Solutions.
Christos Mavrodimitrakis (King's College London, UK)
C.2
Chair: Gianko Michailidis
Room: C
4
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
3. Fertility Postponement and the Easterlin Relative Income Hypothesis: Evidence from the
U.S.
Georgios Mavropoulos (University of Macedonia, Greece) and Theodore Panagiotidis
(University of Macedonia, Greece)
D.2
Chair: Costas Roumanias
Room: D
1. Franchise extension and tax structure in the presence of home production: Evidence from
the Kingdom of Greece.
Pantelis Kammas (Athens University of Economics and Business, Greece) and Vassilis
Sarantides (University of Sheffield, UK)
4. From the Fringe to the Frontstage. European Immigration and the Far-Right Vote: An IV
Approach.
Costas Roumanias (Athens University of Economics and Business, Greece) and Panagiotis
Konstantinou (Athens University of Economics and Business, Greece)
E.2
Chair: Evangelos Rasvanis
Room: E
1. Geography, Land Ownership and Literacy: Historical Evidence from Greek Regions.
Sofia Tsitou (University of Ioannina, Greece), Nikos Benos (University of Ioannina, Greece)
and Karagiannis Stelios (European Commission, Joint Research Centre, Italy)
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AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
3. Comparison Analysis between Start ups and Existing Firms that are benefited from
Operational Program Competitiveness, Entrepreneurship and Innovation 2014-2020
(EPAnEK).
Chrysanthi Balomenou (EPOKA University, Albania), Marianthi Malliari (Aristotle University
of Thessaloniki, Greece) and Simeon Semasis (Hellenic Open University)
4. Geography as a determinant of FDI in the tourism and transport sector: Τhe case of
Greece.
Evangelos Rasvanis (University of Thessaly, Greece) and Vassilis Tselios (University of
Thessaly, Greece)
16:30 – 18:45 Parallel Sessions – Groups A3, B3, C3, D3, E3, F3
1. Evaluating the rationality of the day-ahead power market: the case of Greece.
Nikolaos Thomaidis (Aristotle University of Thessaloniki, Greece) and Pantelis Biskas
(Aristotle University of Thessaloniki, Greece)
2. The dynamic links between nuclear energy, environment and sustainable growth. Do
institutions matter?
Theodoros Christoforidis (Aristotle University of Thessaloniki, Greece), Constantinos
Katrakilidis (Aristotle University of Thessaloniki, Greece), Achillefs Karakotsios (Aristotle
University of Thessaloniki, Greece) and Dimitrios Dimitriadis (Aristotle University of
Thessaloniki, Greece)
6
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
B.3
Chair: Kostas Mouratidis
Room: B
1. The impact of unconventional monetary policy on major European banks’ interest spreads.
Michael Sigmund (Oesterreichische National bank, Austria) and Sophia Doeme (FMA,
Liechtenstein)
2. Monetary policy trade-offs in an open economy: The role of large wage setters.
Xakousti Chrysanthopoulou (Aristotle University of Thessaloniki, Greece) and Sidiropoulos
Moise (University of Strasbourg, France)
3. The Relation between Municipal and Government Bond Yields in an Era of Unconventional
Monetary Policy.
Martin Nordström (Örebro University School of Business, Sweden), David Knezevic (Örebro
University, Sweden) and Pär Österholm (Örebro University, Sweden)
C.3
Chair: Nikos Benos
Room: C
7
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
1. The dynamic effects of debt and equity inflows: evidence from emerging and developing
countries.
Behzod Alimov (Università degli Studi di Torino, Italy)
D.3
Chair: Tommaso Gabrieli
Room: D
1. Consumption, personal income, financial wealth, housing wealth and maturity rate: A
panel cointegration for the 51 States of US.
Dimitra Kontana (University of Macedonia, Greece) and Stylianos Fountas (University of
Macedonia, Greece)
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AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
E.3
Chair: Chris Magnis
Room: E
1. Forecasting of some key indicators of the RFI and RFP processes at one of the Bulgarian
mobile telecommunication operators.
Sophia Mirchova (South-West University "Neofit Rilski", Bulgaria), Preslav Dimitrov (South-
West University"Neofit Rilski", Bulgaria) and Avgustin Milanov (South-West University
"Neofit Rilski", Bulgaria)
2. Fiscal And Monetary Determinants of the Euro Area's Growth and Cyclical Recurrence.
Ivan Todorov (South-West University "Neofit Rilski", Bulgaria), Stoyan Tanchev (South-
West University "Neofit Rilski", Bulgaria) and Petar Yurukov (South-West University "Neofit
Rilski", Bulgaria)
5. Cross - country evidence on the association between earnings quality and risk - taking by
banks before and after the financial crisis. Does the WCAMELS Score operate as another
default risk measure?
Chris Magnis (University of Thessaly, Greece) and George Iatridis (University of Thessaly,
Greece)
F.3
Chair: Kostas Vasilopoulos
Room: F
1. Private Mortgage Securitization and Loan Origination Quality - New Evidence from Loan
Losses.
Abdullah Yavas (University of Wisconsin – Madison, USA) and Shuang Zhu (Kansas State
University, USA)
2. Housing (Un)Affordability.
Alexandros Skouralis (Lancaster University, UK), Ivan Paya (Lancaster University, UK) and
Efthymios Pavlidis (Lancaster University, UK)
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AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
4. Impact of the German Real Estate Transfer Tax on the Commercial Real Estate Market.
Coletta Frenzel Baudisch (University of Giessen, Germany) and Carolin Dresselhaus
(University of Giessen, Germany)
10
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
10:00 – 12:00 Parallel Sessions – Group A4, B4, C4, D4, E4, F4
A.4
Chair: Theodore Koutmeridis
Room: A
B.4
Chair: Menelaos Karanasos
Room: B
1. Testing for Rational Bubbles in the Oil Market using a Coexplosive Vector Autoregression.
Ioannis Korkos (University of Essex, UK), Neil Kellard (University of Essex, UK) and Sam Astill
(University of Essex, UK)
11
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
2. Point and density exchange rate forecasts using yield curve factors in a time-varying
framework.
Anastasia Allayioti (University of Warwick, UK)
3. A new and unified, in a general sense, theory for time series models with ARMA
representations and varying coefficients.
Menelaos Karanasos (Brunel University London, UK), A. Paraskevopoulos (University of
Piraeus, Greece) and A. Canepa (University of Turin, Italy)
4. Revisiting cointegration tests: power versus frequency - some further Monte Carlo results.
Georgios Papapanagiotou (University of Macedonia, Greece), Theodore Panangiotidis
(University of Macedonia, Greece) and Jesus Otero (Universidad del Rosario, Colombia)
C.4
Chair: Spyridon Vrontos
Room: C
D.4
Chair: Dimitrios Varvarigos
Room: D
12
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
4. Economic Growth and the Timing of Childbirth: A Perspective on the Fertility Rebound.
Dimitrios Varvarigos (University of Leicester, UK)
E.4
Chair: Achillefs Karakotsios
Room: E
1. Reference Groups and Consumption for Different Consumption Categories: Evidence from
Turkey.
Unay Tamgac (TOBB ETU, Turkey) and Asena Caner (TOBB ETU, Turkey)
F.4
Chair: Panagiotis Petris
Room: F
13
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
2. Stock Price Reactions to Publications of Financial Statements: Evidence from the Moscow
Stock Exchange.
Parmenas Njoroge (Southern Federal University, Russia), Dmitry Shevchenko (Southern
Federal University, Russia) and Michael Heinrich Baumann (University of Bayreuth,
Germany)
4. The Effect of Buyer’s Network of Outside Options in the Bargaining Outcome. Empirical
Evidence from the UK residential market.
Panagiotis Petris (National and Kapodistrian University of Athens, Greece), Georgios Dotsis
(National and Kapodistrian University of Athens, Greece) and Panagiotis Alexakis (National
and Kapodistrian University of Athens, Greece)
12:15 – 14:15 Parallel Sessions – Groups A5, B5, C5, D5, E5, F5
A.5
Chair: Stephanos Papadamou
Room: A
1. How Central Bank Characteristics Affect the Volatility of Stock Market Returns in the 20
Most Developed Stock Exchanges.
Georgios Oikonomou (Democritus University of Thrace, Greece) and Eleftherios
Spyromitros (Democritus University of Thrace, Greece)
B.5
Chair: Theologos Dergiades
Room: B
14
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
C.5
Chair: Panagiotis Karavitis
Room: C
D.5
Chair: Dimitrios Zormpas
Room: D
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AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
3. Energy policy tools in Luxembourg Assessing their impact on households’ space heating
energy consumption and CO2 emissions by means of the LuxHEI model.
Stéphane Poncin (University of Luxembourg, Luxembourg)
E.5
Chair: Archontis Pantsios
Room: E
F.5
Chair: Spyros Boikos
Room: F
16
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
A.6
Chair: Eleftherios Filippiadis
Room: A
3. Mapping of the market of public procurement using network analysis. Mining the
opportunities for economic operators.
Ioannis Fountoukidis (Aristotle University of Thessaloniki, Greece), Eleni Dafli (Aristotle
University of Thessaloniki, Greece) and Nikolaos Varsakelis (Aristotle University of
Thessaloniki, Greece)
17
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
B.6
Chair: Theologos Dergiades
Room: B
1. Dynamic correlation between oil assets and the Athens Stock Exchange.
Theocharis Iosifidis (University of Macedonia, Greece) and Stavros Papadopoulos
(University of Macedonia, Greece)
3. Oil Prices and European Industrial Stock Returns: A spatial econometrics approach.
Nisar Ahmad (Sultan Qaboos University, Oman)
4. Behavioural Finance and Foreign Direct Investments: Towards the neuro-capital market.
Konstantina Roussidi (University of Macedonia, Greece)
C.6
Chair: Anastasia Angelopoulou
Room: C
1. Evidence of the incompatibility between the export-led growth strategy and the inflation
targeting regime for Mexico.
Roberto Arriaga (Universidad Nacional Autónoma de México, México)
3. Has globalization made the world smaller from a macroeconomic point of view?
Zita Iloskics (University of Pécs, Hungary) and Tamás Sebestyén (University of Pécs,
Hungary)
18
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
D.6
Chair: Elias Katsikas
Room: D
1. European Union Legislation for encouraging the social entrepreneurship for people with
disabilities.
Irina Atanasova (South-West University "Neofit Rilski", Bulgaria), Ivan Todorov (South-
West University "Neofit Rilski", Bulgaria), Vladislav Krastev (South-West University "Neofit
Rilski", Bulgaria) and Petar Parvanov (South-West University "Neofit Rilski", Bulgaria)
3. Simulating raising the retirement age and alternative tax reforms for Russia in a global
CGE-OLG model.
Kristina Nesterova (Russian Presidential Academy of National Economy and Public
Administration, Russia), Andrey Zubarev (Russian Presidential Academy of National
Economy and Public Administration, Russia)
4. European Union policies for encouraging the social entrepreneurship for people with
disabilities.
Petar Parvanov (South-West University "Neofit Rilski", Bulgaria), Ivan Todorov (South-West
University "Neofit Rilski"), Vladislav Krastev (South-West University "Neofit Rilski, Bulgaria)
and Irina Atanasova (South-West University "Neofit Rilski", Bulgaria)
E.6
Chair: Georgios Bampinas
Room: E
3. Which are the Factors that affect the Export Performance of Greek Firms?
Panagiota Boura (University of Patras, Greece), Antonios Georgopoulos (University of
Patras, Greece) and Maria Kalogera (University of Patras, Greece)
19
AMEF 2019 Conference Programme
Department of Economics, University of Macedonia, 1st floor
http://amef2019.uom.gr
20