9:30 – 9:45
Welcome coffee
9:45 – 10:45
Chair: Alminas Žaldokas (Hong Kong University of Science and Technology)
Mikael Paaso (Aalto University of School of Business) and Deniz Okat* (Hong Kong University of Science and Technology)
"Do Corporate Cash Holdings Cause Agency Problems?"
Discussant: Bogdan Stacescu (BI Norwegian Business School)
"Trainspotting: Board Appointments in Private Firms"
Discussant: Nicolas Gavoille (SSE Riga)
Chair: Aurelija Proškutė (Lietuvos bankas, ISM University of Management and Economics)
"Who Did It? A European Detective Story. Was it Real, Financial, Monetary and/or
Institutional? Tracking growth in the Euro Area with an Atheroretical Tool."
Discussant: Boriss Siliverstovs (Latvijas Banka)
"Current Account Dynamics and Exchange Rate Regimes in Central and Eastern Europe"
Discussant: Ieva Mikuliunaite (University of Palermo)
Chair: Jaan Masso (University of Tartu)
"Price Heterogeneity and Consumption Inequality"
Discussant: Victor Arshavskiy (Belarusian Economic Research and Outreach Center)
"Tax Incentives to Encourage Corporate Investment in Latvia"
Discussant: Priit Vahter (University of Tartu)
10:45 – 11:00
Coffee break
11:00 – 12:00
Chair: Oleksandr Talavera (Birmingham Business School)
"The Family Firm Premium and Family Characteristics: Evidence from Population Data"
Discussant: Francesco Marchionne (Indiana University)
"Skin in the Game, Wealth and Risk-Taking"
Discussant: Alminas Žaldokas (Hong Kong University of Science and Technology)
Chair: Povilas Lastauskas (Lietuvos bankas)
"Mixed Frequency GVAR Analysis of Macro-Uncertainty and Financial Stress
Spillovers in the Eurozone"
Discussant: Ludmila Fadejeva (Latvijas Banka)
"Actual and Perceived Uncertainty as Drivers of Household Saving"
Discussant: Oliwia Komada (Warsaw School of Economics, FAME)
Chair: Dmitry Kulikov (Eesti Pank)
"Elephants and the Cross-Section of Expected Returns"
Discussant: Milda Norkute (Lund University)
University)
"The Factor Analytical Approach in Near Unit Root Panels"
Discussant: Dmitry Kulikov (Eesti Pank)
12:00 – 13:00
Lunch
13:00 – 14:00
Chair: Nicolas Gavoille (SSE Riga)
"Does Austerity Foster Informality? Evidence From a Large-Scale Pension Reform"
Discussant: Merike Kukk (Tallinn University of Technology, Eesti Pank)
and Lauri Leppik (Tallinn University)
"Does Raising the Retirement Age Necessarily Prolong the Working Life?"
Discussant: Aurelija Proškutė (Lietuvos bankas, ISM University of Management and
Economics)
"Efficiency Versus Insurance: The Role for Fiscal Policy in Social Security Privatization"
Discussant: Thomas Weber (École Polytechnique Fédérale de Lausanne, Professor of Operations, Economics and Strategy)
Chair: Peeter Luikmel (Eesti Pank)
"The Cost of Banking Crises: Does the Policy Framework Matter?"
Discussant: Karsten Staehr (Tallinn University of Technology, Eesti Pank)
"Regulation, Financial Crises, and Liberalization Traps"
Discussant: Eglė Jakučionytė (Lietuvos bankas, Vilnius University)
"On the Costs of Three Macroprudential Policy Instruments: a DSGE Model for
Lithuania"
Discussant: Oļegs Tkačevs (Latvijas Banka)
Chair: Matthias Weber (University of St. Gallen, Vilnius University)
"Measuring Biases in Expectation Formation"
Discussant: Uwe Walz (Goethe University Frankfurt, SAFE/CFS)
"Are Rational Expectations the Natural Outcome of Economic Evolution?"
Discussant: Matthias Weber (University of St. Gallen, Vilnius University)
"Experience Does not Eliminate Bubbles: Experimental Evidence"
Discussant: Mikael Paaso (Aalto University School of Business)
14:30 – 14:45
Coffee break
14:45 – 16:30
(Soros auditorium)