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08:30 - 08:50
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Accueil IADT - Accueil des participants et café |
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08:50 - 09:15
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Allocution (IADT - Amphithéâtre) |
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09:15 - 11:15
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Crises financières (CERDI-Ecole Economie- Salle Lafayette) - Marcel Voia (Carleton University) |
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| 09:15 - 09:45 |
› Are banking crises really an equal opportunity menace? - Yamina Tadjeddine, Université Paris Ouest Nanterre La Défense |
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| 09:45 - 10:15 |
› Financial Development and the Duration of Banking Crises - Clément Mathonnat, Centres d'Etudes et de Recherches sur le Développement International - Alexandru Minéa, Centre d'Etudes et de Recherche sur le Développement International |
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| 10:15 - 10:45 |
› Systemic risk with endogenous loss given default - Pieter Ijtsma, University of Groningen |
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| 10:45 - 11:15 |
› Empirics of Currency Crises: A Duration Analysis Approach - Marcel Voia, Carleton University |
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09:15 - 11:15
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Finance d'entreprise (1) (CERDI-Ecole Economie- Salle Messance) - Benjamin Williams (UEM, Université d'Auvergne) |
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| 09:15 - 09:45 |
› The impact of international swap lines on stock returns of banks in emerging markets - Alin Andries, Alexandru Ioan Cuza University of Iasi |
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| 09:45 - 10:15 |
› Corporate financial distress and stock return: Empirical evidence from the French stock market - Nada Mselmi, Univ. Orléans, CNRS, LEO, UMR 7322, F-45067, Orléans, France |
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| 10:15 - 10:45 |
› Connections between bank boards of directors and shareholders: Is there an impact on the cost of equity? - Laetitia Lepetit, Laboratoire d'Analyse et de Prospective Economiques - Thu Ha TRAN, Laboratoire d'Analyse et de Prospective Economiques |
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| 10:45 - 11:15 |
› How fair are the fair price standards in blockholder regimes? Evidence from Romania - Adrian Pop, University of Nantes |
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09:15 - 11:15
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Finance de marché (1) (CERDI-Ecole Economie- Salle Montyon) - Claudiu Albulescu (Politehnica University of Timisoara) |
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| 09:15 - 09:45 |
› Equity market fragmentation and the topology of intraday volatilies - Cécile Bastidon, Laboratoire d'Économie Appliquée au Développement |
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| 09:45 - 10:15 |
› Do bond credit ratings lead to excess comovement? - Louis Raffestin, Laboratoire d'analyse et de recherche en économie et finance internationales |
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| 10:15 - 10:45 |
› Overfitting in estimation of the Hurst index for multifractional models - Marie-Eliette Dury, Ecole d'Economie de Clermont-Ferrand |
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| 10:45 - 11:15 |
› Stock prices, inflation and inflation uncertainty in the U.S.: Testing the long-run relationship considering Dow Jones sector indexes - Claudiu Albulescu, Politehnica University of Timisoara |
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09:15 - 11:15
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Politique monétaire (1) (IADT - Amphithéâtre) - Jean-François Brun (Cerdi, Université d'Auvergne) |
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| 09:15 - 09:45 |
› How can it work? On the impact of quantitative easing in the Eurozone - Roberto Tamborini, Department of Economics and Management, University of Trento - Francesco Saraceno, OFCE |
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| 09:45 - 10:15 |
› Impact of Fed tapering announcements on North African equity markets - bastien Bonijoly, Laboratoire d'Économie Appliquée au Développement - Cécile Bastidon, Laboratoire d'Économie Appliquée au Développement |
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| 10:15 - 10:45 |
› U.S. Monetary Policy Normalization and Global Interest Rates - Ishak Demir, Birkbeck, University of London |
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| 10:45 - 11:15 |
› Foreign Exchange Interventions as an (Un)conventional Monetary Policy Tool: Mid-Term Evaluation - Lubomir Lizal, CNB |
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09:15 - 11:15
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Taux de change (IADT - Salle 103) - Jean-Louis Combes (Cerdi, Université d'Auvergne) |
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| 09:15 - 09:45 |
› Régimes de change et performances économiques en Afrique : Quelles leçons pour les pays de l'UEMOA? - Abdoul Khadry Sall, Laboratoire de Recherche en Economie de Saint-Louis |
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| 09:45 - 10:15 |
› L'endogénéisation d'une monnaie unique dans la Communauté Économique des États de l'Afrique Centrale (CEEAC) - Désiré Avom - Université de Yaoundé II |
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| 10:15 - 10:45 |
› Breaking the Swiss Franc peg: afraid of financial losses? - Marc Pourroy, CRIEF, Université de Poitiers |
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| 10:45 - 11:15 |
› Co_Movements of Non-Euro EU Currencies with the Euro - Lucjan Orlowski, Sacred Heart University |
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09:15 - 11:15
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Histoire de la finance (CERDI-Ecole Economie- Salle Pascal) - Christian Rietsch (LEO, Université d'Orléans) |
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| 09:15 - 09:45 |
› The unsustainable Romanian stabilization: 1929 - 1933 - Torre Dominique, Université Nice Sophia Antipolis - GREDEG - Raphaël Chiappini, Université Nice Sophia Antipolis - GREDEG |
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| 09:45 - 10:15 |
› The debt of the Hôtel-Dieu de Paris from 1660 to 1690: a testbed for sovereign default - Pierre-Charles Pradier, Centre d'économie de la Sorbonne, Laboratoire d'Excellence sur la Régulation Financière |
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| 10:15 - 10:45 |
› Ingénierie financière comparée : les tontines en France et au Royaume-Uni - Christian Rietsch, Laboratoire d'Economie d'Orleans |
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| 10:45 - 11:15 |
› There Is No (Depression) Childhood's End, for Central Bankers too - Etienne Farvaque, Lille - Economie et Management |
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11:15 - 12:15
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Financial fragility and some insights from a euro area banking crisis (IADT - Amphithéâtre) - Professor Panicos Demetriades (Leicester University); Chairman : Jean-Bernard Chatelain (Paris School of Economics) |
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12:30 - 14:00
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Déjeuner |
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14:00 - 16:00
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Finance et développement (IADT - Salle 103) - Théophile Azomahou (Cerdi, Université d'Auvergne) |
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| 14:00 - 14:30 |
› Banks, firms and jobs - Fabio Berton, University of Torino |
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| 14:30 - 15:00 |
› Financial Development and Income Inequality: The Linear versus the Nonlinear Hypothesis - nasreddine Kaidi, Economie et Stratégies des Affaires |
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| 15:00 - 15:30 |
› Understanding the dichotomy of financial development: credit deepening versus credit excess - Alfonso Ugarte, BBVA Economics Research Department |
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| 15:30 - 16:00 |
› R.E.M. 2.0: A DSGE model with partial euroization estimated for Romania - Mihai Copaciu, National Bank of Romania |
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14:00 - 16:00
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Politique monétaire (2) (IADT - Amphithéâtre) - Patrick Villieu (LEO, Université d'Orléans) |
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| 14:00 - 14:30 |
› Monetary Policymakers' Sentiment and Private Beliefs - Paul Hubert, Observatoire Français des Conjonctures économiques |
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| 14:30 - 15:00 |
› Consensus under Patriotic Pressure: What Drove Dissent inside the FOMC during WWII? - Etienne Farvaque, Lille - Economie et Management |
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| 15:00 - 15:30 |
› Countercyclical versus Procyclical Taylor Principles - Jean-Bernard Chatelain, Paris School of Economics, Université Paris 1 Panthéon Sorbonne, Centre d'Economie de la Sorbonne |
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| 15:30 - 16:00 |
› Inflation Targeting and Fiscal Rules: Do Interactions and Sequencing Matter? - Jean-Louis Combes, Centre d'Etudes et de Recherches sur le Développement International |
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14:00 - 16:00
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Politique économique (CERDI-Ecole Economie- Salle Lafayette) - Marie-Françoise Renard (Cerdi, Université d'Auvergne) |
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| 14:00 - 14:30 |
› Does Being an IMF Executive Board Member (Re-)Pay? An Examination of IMF Loans and Repayments. - FRANCK MALAN, Equipe d'Economie le Havre Normandie |
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| 14:30 - 15:00 |
› Fear of Political Alternation. How do Ratings Agencies React to Leadership Changes? - Hyppolite Balima, Centre d'études et de recherches sur le developpement international |
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| 15:00 - 15:30 |
› Why are Reforms incomplete? Reputation versus the “need for enemies” - Maxime MENUET, Laboratoire d'économie d'Orleans |
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| 15:30 - 16:00 |
› Politics and Banking in Russia: The Rise of Putin - Laurent Weill, Laboratoire de recherche en gestion et économie |
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14:00 - 16:00
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Banque (CERDI-Ecole Economie- Salle Pascal) - Patrick Plane (Cerdi, Université d'Auvergne) |
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| 14:00 - 14:30 |
› On the consistency of the Z-score to measure the bank risk - Ion Lapteacru, Laboratoire d'analyse et de recherche en économie et finance internationales |
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| 14:30 - 15:00 |
› Charter value and bank stability before and after the global financial crisis of 2007-2008 - Yassine Bakkar, Laboratoire d'Analyse et de Prospective Economique |
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| 15:00 - 15:30 |
› Predicting bank failures: The leverage versus the risk-weighted capital ratio - Xi Yang, EconomiX |
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| 15:30 - 16:00 |
› US Banks' Behavior since Lehman's Collapse, Bailout Uncertainty and the Choice of Exit Strategies - Alex cukierman, Tel Aviv University [Tel Aviv] and Interdisciplinary Center |
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14:00 - 15:30
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Finance de marché (2) (CERDI-Ecole Economie- Salle Montyon) - Florent Bresson (Cerdi, Université d'Auvergne) |
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| 14:00 - 14:30 |
› Non parametric news impact curve: a variational approach - Clement Goule, Centre d'économie de la Sorbonne |
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| 14:30 - 15:00 |
› Competition between Clearing Houses on the European Market - Marchand Nadege, Groupe d'analyse et de théorie économique |
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| 15:00 - 15:30 |
› Risk Parity-based Smart Beta ETFs and Estimation Risk - Daria Onori, Laboratoire d'économie d'Orleans |
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14:00 - 16:00
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Finance d'entreprise (2) (CERDI-Ecole Economie- Salle Messance) - Anne-Gaël Vaubourg (Larefi, Université de Bordeaux) |
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| 14:00 - 14:30 |
› Bank dividends, agency costs and shareholder and creditor rights - Laetitia Lepetit, Université de Limoges, LAPE - Céline Meslier, Université de Limoges, LAPE |
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| 14:30 - 15:00 |
› Dividend Persistence and Bank Dividend Policy - Michalis Makrominas, Frederick University |
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| 15:00 - 15:30 |
› Is Bank Capital Sensitive to a Tax Allowance on Marginal Equity? - José Martin-Flores, Labex-RéFi, ESCP-EAP - Christophe Moussu, Labex-RéFi, ESCP-EAP |
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| 15:30 - 16:00 |
› Banks' shareholding in multilateral trading facilities and implications for historical exchanges: An industrial economics approach - Anne-Gaël Vaubourg, Laboratoire d'analyse et de recherche en économie et finance internationales |
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16:00 - 16:15
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Pause café (IADT Cafeteria) |
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16:15 - 17:45
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Réseaux financiers (IADT - Amphithéâtre) - Thierry Montalieu (LEO, Université d'Orléans) |
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| 16:15 - 16:45 |
› The challenge of rural financial inclusion – evidence from microfinance - Tania Lopez Urresta - Frankfurt School of Finance and Management |
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| 16:45 - 17:15 |
› Mobile money: substitute or complement of informal and formal financial mechanisms? Evidence from Burkina Faso - Serge Ky, Laboratoire d'Analyse et de Prospective Economique |
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| 17:15 - 17:45 |
› Shock diffusion in financial networks - Dan Tran, Groupe de Recherche en Economie Théorique et Appliquée |
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16:15 - 17:45
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Flux internationaux (CERDI-Ecole Economie- Salle Lafayette) - Gervasio Semedo (Université de Tours) |
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| 16:15 - 16:45 |
› Sudden Stops of International Fund Flows - Suxiao Li, University of Groningen, School of Economics and Management, University of Chinese Academy of Sciences |
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| 16:45 - 17:15 |
› What is a SIFI? On the Systemic Importance of Financial Institutions as determined by an Extended CAPM with Systemic Risk - Jean-Charles Garibal, Variances |
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| 17:15 - 17:45 |
› Climate Shocks and Business Cycles - Ewen Gallic, Centre de Recherche en Economie et Management |
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16:15 - 17:45
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Liquidité bancaire (1) (CERDI-Ecole Economie- Salle Montyon) - Ralf Kirsten (ESCE International Business School) |
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| 16:15 - 16:45 |
› Are Financial Regulators Insulated from Regulatory Capture ? - Mathilde Poulain, Centre d'économie de la Sorbonne |
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| 16:45 - 17:15 |
› Does an increase in capital negatively impact banking liquidity creation? - Laurent Salé, ESCP-EAP |
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| 17:15 - 17:45 |
› Leverage ratio restrictions: an empirical evaluation of their pros and cons. - Kévin Spinassou, Laboratoire d'Analyse et de Prospective Economique |
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16:15 - 17:45
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Finance de marché (3) (CERDI-Ecole Economie- Salle Messance) - Alexis Direr (LEO, Université d'Orléans) |
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| 16:15 - 16:45 |
› Do markets learn to rationally expect US interest rates ? Evidence from survey data - Georges PRAT, EconomiX |
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| 16:45 - 17:15 |
› Optimism bias in financial analysts' earnings forecasts: Do commissions sharing agreements reduce conflicts of interest? - Sébastien Galanti, Laboratoire d'économie d'Orleans |
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| 17:15 - 17:45 |
› Speculative Bubbles Dynamics and the Role of Anchoring - Benjamin Williams, Université de Lorraine |
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16:15 - 17:45
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Politique monétaire, demande de monnaie et prix (IADT - Salle 103) - Jean-Bernard Chatelain (Paris School of Economics) |
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| 16:15 - 16:45 |
› Fiat money or coordination device? - Jean Cartelier, Université Paris-Ouest |
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| 16:45 - 17:15 |
› Mobile Payments with Couponing: The End of Cash? A Monetary Search Model Point of View - Françoise Vasselin, Laboratoire d'économie mathématique et de microéconomie appliquée |
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| 17:15 - 17:45 |
› Learning, robust monetary policy and the merit of precaution - Marine Charlotte Andre, Bureau d'économie théorique et appliquée |
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16:15 - 17:45
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Concentration bancaire (CERDI-Ecole Economie- Salle Pascal) - Cécile Bastidon (LEAD, Université de Toulon) |
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| 16:15 - 16:45 |
› Competition, Securitization, and Efficiency in US Banks - Antonio Bayeh, Centre d'études et de recherches appliquées à la gestion |
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| 16:45 - 17:15 |
› Does consumer credit support domestic growth or imports? Evidence from France - Jerome Coffinet, Banque de France |
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| 17:15 - 17:45 |
› Measuring Market Power in the Presence of Scale Economies: Theory and an Application to U.S. Commercial Banks - Laura Spierdijk, University of Groningen |
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17:45 - 19:00
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Brexit (Post Referendum) (IADT - Amphithéâtre) - Nauro Campos (Brunel University London), Jagjit Chadha (National Institute of Economic and Social Research), Fabrizio Coricelli (Paris School of Economics) |
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